According to study, “World
Contact Lenses Market Research Report 2024(Covering USA, EU, China,
South East Asia, Japan and etc)” the key companies operating in the world
contact lenses market are Johnson & Johnson Vision Care Inc., Abbott
Medical Optics, Bausch + Lomb, Alcon Laboratories, Novartis AG, Menicon, St.
Shine Optical Co. Ltd., Weicon, Haohai Biological Technology, Essilor
International SA, SynergEyes Inc., Eagle Optics, Hydron, NEO Vision Inc., Camax
Optical Corp., Carl Zeiss Group, X-Cel Specialty Contacts, Oculus Private Ltd.,
Contamac, Seed Co. Ltd., Menicon Co. Ltd., Bescon, Hoya Corp., CooperVision.
Contact lens is a thin lens located on the surface
of an eye. It is very sensitive and handle with care to avoid infections &
dislocation. It is used for worn out to correct vision, therapeutic and
cosmetic reasons. It is coated with scratch resistance materials, anti-refractive
materials, and ultraviolet protection materials to improve the relaxing
benefits of lenses, and as a result, provide comfort to the user.
The key benefits include provide predictable vision
correction, allow a natural field of view, less cost comparable to surgery, and
provide better side vision than eyeglasses. Apart from benefits, few of the
drawbacks are risk of corneal infections, scrapes and scratches, cleaning &
disinfecting can be complicated & inconvenient and easily damaged or lost.
Based on type, contact lenses market is segmented
into therapeutic lenses, corrective lenses and cosmetic & lifestyle
oriented lenses. Based on product type, market is segmented into rigid contact
lenses and daily wear soft lenses. Based on material type, market is segmented
into methacrylate hydrogel soft contact lens, silicone hydrogen soft lens, gas
permeable contact lens and others. Based on design, market is segmented into
toric lens, spherical lens, multifocal lens and others. The multifocal segment
is likely to witness lucrative demand owing to ability of these lenses to
incorporate multiple prescriptions over the forecast period.Based on color
type, market is segmented into enhancers/tinted contact lenses, opaque contact
lenses, and visibility tinted contact lenses. Based on technology type, market
is segmented into cast molding, spin casting and lathe cutting. Based on
distribution channel, market is segmented into online store, spectacle stores
and other distribution channels. In addition, based on wear type, market is
segmented into disposable lenses, daily disposable lenses, conventional lenses
and frequent replacement lenses.
The contact lenses market is driven by growth in
prevalence of myopia, followed by rise in geriatric population, increase in
preference for contact lens over prescription eyeglasses, growth in decorative
(plano) sunglasses market, rise in aging population, increase in demand in
outdoor activities, rise in disposable income, growth in prevalence of
ophthalmic disorders, increase in desire of people to boost their aesthetic
appearance, and introduction of multifocal &other new lenses. However,
contact lens-associated problems and growth in acceptance of refractive
surgeries may impact the market.
Based on geography, USA country holds major share,
followed by EU in contact lenses market owing to growth in prevalence of
eye-related diseases, increase in occurrences of age-related eye diseases, advancements
in technologies such as increase in product adoption and drug delivering lenses
and rise in popularity of cosmetic lenses among the youth in the country.Japan
and China countries are estimated to witness beneficial growth due to growth in
adoption of contact lens among the youth, rise in prevalence of eye disorders
over the forecast period. It is projected that future of the market will be
optimistic because of increase in population of contact lens wearers during the
forecast period.
For more information on the research
report, refer to below link:
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