Furthermore, selecting appropriate safety eyewear items is influenced by a variety of factors such as size, safety, blocker type, comfort, and budget. The worldwide safety eyewear market trends are expected to grow rapidly in the near future.
The worldwide safety eyewear market is expected to garner a market value of US$ 4 Billion in 2023 and is expected to accumulate a market value of US$ 7 Billion by registering a CAGR of 5.8% in the forecast period 2023-2033
Safety eyewear market is being pushed by an increase in the number of surgical operations, increased awareness of hospital acquired infections, and an increase in the prevalence of infectious illnesses globally.
In 2013, infectious illnesses killed 9.2 million people worldwide, according to the Global Burden of Disease Study-2013.
The World Health Organization (WHO) predicts that the frequency of chronic illness would rise by 57% by 2020. Furthermore, the worldwide pandemic is on the increase. These elements are propelling the need for safety eyewear.
A growth in awareness about hospital acquired illnesses is also driving the demand for safety eyewear. According to a survey issued by the European Centre for Disease Prevention and Control (ECDC), one out of every 18 patients in European hospitals suffers from a hospital-acquired illness (HAI).
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Furthermore, HAIs affect approximately 3.2 million patients per year on average. Such incidents motivate the use of safety eyewear.
During the forecast period, the market is expected to be driven by an increase in funding for research on the diagnosis of infectious diseases.
Key Takeaways from the Market Study
“Governments have developed criteria for the safety of experts in many regions and sectors, which is expected to boost the safety eyewear market. In addition, an increase in the frequency of catastrophes at work locations is expected to drive the market. “Says an analyst at FMI
Market Competition
Key players in the safety eyewear market are Kimberly-Clark Corp., MCR Safety, Honeywell International, Inc., UVEX Winter Holding GmbH & Co., KG, Medop SA, 3M Company, Bolle Safety, Radians, Inc., Pyramex Safety Products LLC and Gateway Safety, Inc.
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Recent Development:
More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the global Safety Eyewear market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023-2033.
The study reveals essential insights on the basis of by Product (Prescription, Non-prescription), by Application (Construction, Industrial Manufacturing), across five major regions (North America, Europe, Asia Pacific, Central & South America and Middle East & Africa).
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Jul 11, 2023