Glass Lens Market 2018: Cost, Price, Revenue, Gross Margin, Global Market by Volume and Value

This report studies the global Glass Lens market status and forecast, categorizes the global Glass Lens market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

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The eye is one of the most sophisticated organs in the human body. The retina, the light-sensitive tissue inside the eye, converts light into electrical impulses, which are sent to the brain. A refractive error occurs when the light entering the eye is not focused properly on the retina, distorting the signal sent to the brain. The most common eye conditions are myopia (nearsightedness) and hyperopia (farsightedness). People with myopia cannot clearly see objects in the distance and require a concave glass lens to correct their vision. As of 2015, more than one-quarter of the world population was diagnosed with myopia, and by 2020, 49% of the global population will have myopia. Hyperopia is an eye condition in which a person cannot clearly see nearby objects. Prescription lenses can be used to correct vision related issues.

North America dominated the glass lens market in 2015, by contributing approximately 54% of the overall market share. Much of this region's growth could be attributed to the increasing prevalence of vision loss among the aging population. Factors such as the growing incidences of eye disorders such as cataracts, diabetic retinopathy, glaucoma, and age-related macular degeneration will increase the use of eyeglasses in the region.

The rising elderly population will be one of the key factors fueling the market's growth during the next few years. Improved medicines and the increasing shift from acute to chronic diseases has eventually increased the life expectancy of the elderly population in the recent years. According to World Bank, population aged 65 and above represented over 8% the global population as of 2016. However, vision loss is one of the key issues faced by elderly people. As a result, with the increasing geriatric population in countries including Japan, higher number of people will be at the risk of visual impairment owing to aging processes and chronic eye diseases such as cataract, dry eye, glaucoma and others. This, in turn, is expected to drive the glass lens market positively during the next few years.

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The global Glass Lens market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.

The major manufacturers covered in this report
- Eastman Kodak
- Essilor
- Fielmann
- HOYA
- Nikon
- Zeiss

The study objectives of this report are:
- To analyze and study the global Glass Lens capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
- Focuses on the key Glass Lens manufacturers, to study the capacity, production, value, market share and development plans in future.
- Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.

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In this study, the years considered to estimate the market size of Glass Lens are as follows:
- History Year: 2013-2017
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders
Glass Lens Manufacturers
Glass Lens Distributors/Traders/Wholesalers
Glass Lens Subcomponent Manufacturers
Industry Association
Downstream Vendors

Deep Research Reports is digital database of syndicated market reports for global and China industries. These reports offer competitive intelligence data for companies in varied market segments and for decision makers at multiple levels in these organizations.

Hrishikesh Patwardhan
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This release was published on openPR.