2 min read 28 Jul 21
Alcon makes eye care products that prevent and treat ocular conditions. Its solutions help address a range of vision impairments, including retinal disorders, refractive errors and glaucoma, that can reduce quality of life and threaten vision. The Swiss-US company is the largest maker of implantable intraocular lenses used in surgery to treat cataracts – the leading cause of blindness globally.
The global population is becoming older and more short-sighted, driving long-term demand for eye care and treatment of vision issues. Alcon boasts leading positions in both the surgical market – making equipment and consumable products involved in surgery – and the consumer eye care market, including disposable contact lenses and over-the-counter eye products like eye drops. We believe its large share of a growing market is supported by product quality and patent protection, driven by strong research and development spending that spurs innovation.
Alcon is a leader in addressing ocular health problems. Its products enhance people’s quality of life by preventing and treating eye conditions and helping them see clearly. Good vision helps people to work productively, enjoy life independently, and to maintain social contact, especially in old age. Yet almost 200 million people worldwide suffer vision impairments that could be addressed by Alcon’s products.
By preventing and treating non-communicable eye disease, Alcon contributes to the achievement of UN Sustainable Development Goal 3 – ensuring healthy lives and promoting well-being for all at all ages.
Cataract surgeries enabled globally each year by Alcon’s implantable intraocular lenses.*
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* Source: M&G estimates based on Alcon data