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text 2020-01-06 11:00
Global Contact Lenses Market- 2019 to 2025 | MRFR

Market Highlights

The Global Contact Lenses Market is expected to register a CAGR of 5.70during the forecast period with a market value of USD 12,330.46 Million till 2025.

Contact lenses are plastic-like ocular prosthetic devices positioned on the eyeball for the improvement of vision. It allows a natural field of view, have no frames to obstruct one’s vision, and reduce distortions. Contact lenses are medical devices that the US Food and Drug Administration (FDA) controls and regulates. In addition, it is only possible to purchase cosmetic and prescription contact lenses with a prescription.

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The growing  adoption of contact lenses for correction of multiple vision defects including refractive errors such as myopia presbyopia hyperopia, , and astigmatism is likely to drive the growth of the global contact lenses market during the forecast period.

Segment Analysis

The global contact lenses market, by wear type, has been segmented into daily disposable lenses, disposable lenses, frequent replacement lenses, conventional lenses. Based on type, the global contact lenses market has been divided into corrective lens, therapeutic lenses, and cosmetic and lifestyle-oriented lens. The global contact lenses market, by material, has been segmented into silicone hydrogel soft contact lens, methacrylate hydrogel soft contact lens, gas-permeable contact lens, and others. The global contact lenses market, by design segments has been classified into spherical lens, toric lens, multifocal lens, others.

MRFR recognizes the following companies as the key players in the global contact lenses market—

Novartis AG, Neovision Co, Ltd, Seed Co. Ltd, Hoya Corporation, Oculus Private Limited, Camax Optical Corp., CooperVision, Inc. (The Cooper Companies Inc.), Menicon Co., Ltd, Bausch Health, Johnson & Johnson Services Inc., St. Shine Optical Co., Ltd.

Regional Analysis

The global contact lenses market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas is likely to hold the largest share of the global contact lenses market. The rising population of people who wear contact lens, increasing prevalence of eye-related diseases, and growing adoption of cosmetic lens among the younger population, and high funding toward R&D in the US and Canada are likely to support the dominance of the Americas during the forecast period.

The Europe market established substantial growth in the market owing to the high adoption of contact lenses and increasing occurrences of age-related eye diseases in countries such as the UK, Germany, France, and Spain.

Asia-Pacific is estimated to be the fastest growing region in the global market due to the increasing prevalence of eye disorders and rising adoption of contact lens among the youth. Additionally, rising investments by major players in the market in Asia-Pacific region is likely to drive the growth of the market.

The contact lenses market in the Middle East & Africa is expected to grow due to the rising awareness about contact lenses coupled increasing collaborations and agreements to commercialize contact lenses products.

Key Findings of the Study

  • The global contact lenses market is estimated to grow at USD 12,330.46 Million by 2025 at a CAGR of 5.70% during the assessment period.
  • Americas accounted for the largest share of the global market due to the presence of key market players and increasing prevalence of eye-related diseases in the US and Canada.
  • Based on wear type, the daily disposable lenses segment accounted for the largest market share of 5% in 2018.
  • Based on type, the corrective lens segment accounted for the largest market share of 2% in 2018.
  • On the basis of material, the silicone hydrogel soft contact lens segment accounted for the largest market share of 1% in 2018.
  • Based on design, the spherical lens segment held market share of 1% in 2018.
  • Some of the players operating in the contact lenses market are Novartis AG, CooperVision, Inc. (The Cooper Companies Inc.), Menicon Co., Ltd, Bausch Health.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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text 2017-07-21 12:44
2017 Global Smart Contact Lenses Market Shows Speedy Growth.

Global (North America, Europe And Asia-Pacific, South America, Middle East And Africa) Smart Contact Lenses Market 2017 Forecast To 2022” is a professional and incisive analysis on the market dynamics of the Global (North America, Europe And Asia-Pacific, South America, Middle East And Africa) Smart Contact Lenses Market industry and future growth prospects of the key market players across the global. The study offers detailed quantitative and qualitative analysis of the industry by offering an overview of key market conditions and statistics on market estimations. An in-depth insight into the industry overview is offered in the study in terms of product definition and classification, applications analysis and manufacturing technology. The market participants can going through the study explore the profile of international market players in terms of their capacity utilization, market shares of the major segments, growth opportunities and challenges they need to overcome to gain a foothold in the market.

 

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A contact lens, or simply contact or CL, is a thin lens placed directly on the surface of the eye. CLs are considered medical devices and can be worn to correct vision, or for cosmetic or therapeutic reasons. While, Smart Contact Lenses mains that a contact lens integrate a set of electronic components and formed a specific function. These lenses may be available in the future but are currently in proof-of concept or early to mid-stage development. They may be used to monitor diabetes by measuring tear glucose, intraocular pressure, or for presbyopia and myopia control, low vision. In addition, some contact lenses also integrated social entertainment features, for example you can simultaneous viewing of the world around you while are also viewing a small screen in a frame mounted projection system for learning, gaming or augmented reality. Smart contact lens technology involves filters, sensors, microchips and other miniaturized electronics which are embedded within contact lenses Drug-device combinations (contact lenses which elute pharmaceuticals) will be mentioned but not emphasized.

 

Scope of the Report:

This report focuses on the Smart Contact Lenses in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

 

Market Segment by Manufacturers, this report covers

Sensimed AG

Google

Samsung

Sony

PEGL

 

Market Segment by Regions, regional analysis covers

North America (USA, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Columbia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

 

Buy a Copy of this report for a single user price of $ 4880 @ https://www.researchtrades.com/checkout/1155712

 

Table of Content

 

1 Market Overview

1.1 Smart Contact Lenses Introduction

1.2 Market Analysis by Type

1.2.1 Medical field

1.2.2 Military field

1.2.3 Social entertainment

1.2.4 Others

 

2 Manufacturers Profiles

2.1 Sensimed AG

2.1.1 Business Overview

2.1.2 Smart Contact Lenses Type and Applications

2.1.2.1 Type 1

2.1.2.2 Type 2

2.1.3 Sensimed AG Smart Contact Lenses Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)

 

3 Global Smart Contact Lenses Market Competition, by Manufacturer

3.1 Global Smart Contact Lenses Sales and Market Share by Manufacturer (2016-2017)

3.2 Global Smart Contact Lenses Revenue and Market Share by Manufacturer (2016-2017)

3.3 Global Smart Contact Lenses Price by Manufacturer (2016-2017)

 

If you have any special requirements, please let us know @ https://www.researchtrades.com/report-customization

 

About us:

Research Trades has team of experts who works on providing exhaustive analysis pertaining to market research on a global basis. This comprehensive analysis is obtained by a thorough research and study of the ongoing trends and provides predictive data regarding the future estimations, which can be utilized by various organizations for growth purposes.

We distribute customized reports that focus on meeting the client’s specific requirement. Our database consists of a large collection of high-quality reports obtained using a customer-centric approach, thus providing valuable research insights.

 

Contact Us:

Email: sales@researchtrades.com

Call us: +1 6269994607 / +91 7507349866

Web: www.researchtrades.com

 

Source: www.researchtrades.com
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