Press release
Contact Lenses Market Evaluation with Key Companies (Cooper Vision, Johnson & Johnson, Novartis, Valeant Pharmaceuticals, Blanchard, Contamac, Hoya, Essilor, Conforma, Bausch & Lomb, Menicon and Wesley Jessen)
According to a new research report by Global Market Insights, Inc. Contact Lenses Market size is estimated to exceed USD 18 billion by 2024.Global industry is competitive owing to the presence of few industry players holding majority of the contact lenses market share. Some of major players include Cooper Vision, Johnson & Johnson, Novartis, Valeant Pharmaceuticals, Blanchard, Zeiss International, Bausch & Lomb and Hoya.
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Globally, rise in instances of visual deficiencies such as presbyopia, astigmatism, myopia and hypermetropia/hyperopia will propel contact lenses market. In 2015, WHO estimated that myopia has affected around 1.9 billion people worldwide and it is projected to affect over 2 billion people by 2020.
Polymer material segment will observe gains at 2.9% up to 2024. Low material & fabrication cost and high impact resistance are key factors supporting the contact lenses industry growth. High optical quality, light weight and less resistant to shattering will provide the positive outlook to this segment’s demand.
Online stores were valued at over USD 2 billion in 2016. Reduced overheads, lower promotion costs, expanded geographical reach, greater flexibility and increased visibility for the business are the key factors fueling contact lenses market growth from the distribution channel.
Germany accounts for over 50% of the overall contact lenses market share in monthly disposable usage segment. More resistance to drying out relative to daily disposable segment and offers best value in price for the regular wearers which anticipated to provide lucrative opportunities for this segment’s growth.
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North America contact lenses industry will grow at 3.2% up to 2024. The growth is mainly driven by growing geriatric population and presence of numerous international brands. Other factors such as digital technology integration with the contact lenses will also augment the industry size.
APAC contact lenses industry was valued at over USD 2 billion in 2016. Changing lifestyle and growing eye health conciseness among people are the key drivers influencing the industry demand.
Report Content
Chapter 1. Methodology Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Contact Lenses industry 3600 synopsis, 2013 –2024
2.1.1. Business trends
2.1.2. Type trends
2.1.3. Material trends
2.1.4. Distribution channel trends
2.1.5. Design trends
2.1.6. Product trends
2.1.7. Usage trends
2.1.8. Regional trends
Chapter 3. Contact Lenses Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.1.1. Retail stores
3.3.1.2. Online stores
3.3.1.3. Profit margin trends
3.3.2. Vendor matrix
3.3.2.1. Role
3.3.2.2. Product portfolio
3.3.2.3. Global presence
3.4. Technology landscape
3.4.1. Custom production technique
3.4.1.1. Diamond turning
3.4.2. Mass production techniques
3.4.2.1. Injection molding
3.4.2.2. Spin casting
3.4.3. Quality control
3.4.4. Packaging
3.5. Raw material analysis
3.5.1. Benz G- 3X
3.5.2. G-4X
3.5.3. Benz 38
3.5.4. Methafilcon materials
3.5.5. Benz ultra O2 plus
3.5.6. G-5XES
3.5.7. G-72HW
3.6. Industry best practices key buying criteria
3.7. Regulatory landscape
3.7.1. U.S.
3.7.2. Europe
3.7.3. Australia
3.7.4. China
3.8. Pricing analysis
3.8.1. Regional pricing
3.8.1.1. North America
3.8.1.2. Europe
3.8.1.3. Asia Pacific
3.8.1.4. Latin America
3.8.1.5. MEA
3.8.2. Cost structure analysis
3.9. Industry impact forces
3.9.1. Growth drivers, by region
3.9.1.1. North America
3.9.1.2. Europe
3.9.1.3. Asia Pacific
3.9.1.4. Latin America
3.9.1.5. MEA
3.9.2. Industry pitfalls challenges
3.10. Innovation sustainability
3.11. Growth potential analysis
3.12. Competitive landscape, 2016
3.12.1. Market share analysis
3.12.2. Brand analysis
3.12.3. Key stakeholders
3.12.4. Strategy dashboard
3.13. Porter's analysis
3.14. PESTEL analysis
Chapter 4. Contact Lenses Market, By Type
4.1. Global contact lenses market share by type, 2016 2024
4.2. RGP
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013–2024
4.3. Soft contact
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013–2024
4.4. Hybrid contact
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013–2024
Chapter 5. Contact Lenses Market, By Material
5.1. Global contact lenses market share by material, 2016 2024
5.2. Hydrogel
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by region, 2013–2024
5.3. Polymers
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by region, 2013–2024
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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