Latest Vision Care Companies Update
Mar 2023: Given the potential of the Indian market, EssilorLuxottica, a multinational corporation based in France that designs, produces, and sells eyeglasses, frames, and lenses, is considering growing its presence there. The precise amount of the company's contribution to the $14 billion expenditure necessary to eradicate uncorrected bad vision by 2050 has not been made public. By extending its reach and laboratory capabilities in India, EssilorLuxottica intends to boost its marketing investments in both frames and lenses and bolster its commercial capabilities to drive mid-tier penetration and promote its main brands. Presently, more than 450 Indian cities and more than 85 prescription labs offer EssilorLuxottica's products. The company hopes to strengthen its relationships with eye care professionals and joint venture partners by investing in visual solutions that integrate its knowledge of frames and lenses, marketing, training, sustainability, and digital change in the optics business.
List of Vision Care Key companies in the market
- ESSILORLUXOTTICA (France)
- Bausch Health [Canada] (Bausch & Lomb Incorporated)
- The Cooper Companies Inc [US] (Cooper Vision)
- NOVARTIS AG (Switzerland)
- Cadila Healthcare [India] (Zydus Pharmaceuticals Inc.)
- Johnson & Johnson Services Inc. (US)
- Rayner Surgical Group Limited [UK] (Rayner Intraocular Lenses Limited)
- Menicon (Japan)
- Carl-Zeiss-Stiftung [Germany] (Carl Zeiss)