5 Largest Ophthalmology Companies in the World

4. Johnson & Johnson Vision

2021 Revenue: $4.8 billion

Johnson & Johnson Vision is an Irvine, California-based company that is a division of New Brunswick, New Jersey-based Johnson & Johnson Inc (NYSE:JNJ).

Johnson & Johnson Vision specializes in ophthalmology products and services as it develops, manufactures, and markets a wide range of products and technologies for eye care professionals, including contact lenses, surgical equipment, and pharmaceuticals. Some of the most well-known products offered by Johnson & Johnson Vision include the ACUVUE brand of contact lenses, the Vistakon division, which is the world’s leading provider of disposable contact lenses, and the AMO division, which specializes in cataract and refractive surgery devices and technologies. Johnson & Johnson Vision also offers a range of diagnostic equipment, such as the CompacT Seeker, used to measure the eye for contact lenses and other devices.

Here’s what Distillate Capital Partners LLC said about Johnson & Johnson Inc (NYSE:JNJ) in its Q2 2022 investor letter:

“Johnson & Johnson was among the 2 largest trims at around 1% each. Each stock was up 1% in the quarter compared to the 16% price decline for the S&P 500 and the positions were reduced as the valuations became somewhat less appealing, though still attractive enough to warrant inclusion.”