ESSILOR, NOVARTIS and JOHNSON & JOHNSON SERVICES, INC. are Dominating the market for Global Ophthalmology Devices Market in 2018

ESSILOR

The company was founded in 1972, headquarter in France the company is focussed on designing, producing and distributing across the world high-quality products and services that every day help correct, protect and prevent risks to the visual health. The main business segments of the company are lenses and optical instruments, sunglasses & readers and equipment. The revenue of the company in 2018 was USD 8461.45 Million. Number of employees in 2018 is 67,000. The company has global presence in North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

The subsidiaries of the company are Luxottica Group SpA (Italy), Costa Del Mar (U.S.), EyeBuyDirect (U.S.), Transitions Optical (U.S.), Satisloh (Europe) among others.

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NOVARTIS

Novartis was founded in 1996 and headquartered at Basel, Switzerland. The company is focussed on offering a diversified portfolio to best meet these needs: innovative medicines, cost-saving generic and biosimilar pharmaceuticals and eye care. The main business segments are Oncology, Alcon, Sandoz, Pharmaceuticals. The revenue of the company in 2018 is USD 38,631.0 Million. Number of employees in 2018 was 125,000. The company has global presence in Europe, Americas, Asia-Pacific, Middle East and Africa.

In June 2018, Alcon Introduced DAILIES TOTAL1 Water Gradient Contact Lenses. This helped Alcon to expand its portfolio of contact lenses and grasp new customers in the market.

JOHNSON & JOHNSON SERVICES, INC.

Founded in 1886 and headquartered in New Jersey, U.S. The company is focussed on developing new ideas and products that have transformed human health and well-being. The main business segments of the company are Surgery, Orthopaedics, Vision Care, Interventional Solutions and Diabetes Care. The revenue of the company in 2018 is USD 20,326 Million.  Number of employees in 2018 was 134,000. The company has global presence in United States, Europe, Western Hemisphere, excluding U.S, Africa, Asia and Pacific.

In August 2017, Johnson & Johnson Vision Announced Agreement to Acquire TearScience. This will help Johnson & Johnson Vision to expand its portfolio of eye health products.