Press release
Global Contact Lenses Market Analysis Focusing on Top Key Players – Bausch & Lomb, Cibavision, Johnson & Johnson, CooperVision, Fresh Look, Biomedics, PCE AUTOMATION LTD, BIBLE OPTEQ CO., LTD and more
Contact lenses are lightweight correction, beauty or treatment devices that are placed directly above the eye's cornea to improve vision. Using contact lenses not only avoids the need to work hard to manage bulky glasses, but it also has the added benefit of improving aesthetics. Contact lenses are also used to treat common eye diseases such as myopia, primordial, presbyopia, astigmatism, and glaucoma.The increase in the elderly population, the improvement in the aesthetic appearance of people, the increase in fashion trends in eye diseases, the introduction of multifocal lenses and other new lenses will drive market growth.
However, the market is hampered by an increase in the number of corrective procedures, such as other ophthalmic devices and photorefractive keratectomy (PRK) and side effects of laser and side effects of contact lenses such as eye infections and corneal ulcers. Factors such as population aging, economic improvement, and increasing disposable income globally are major reasons why the market is growing at a rapid pace and are expected to provide numerous opportunities for market growth.
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The major companies profiled in the report include
• Bausch & Lomb
• Cibavision
• Johnson & Johnson
• CooperVision
• Fresh Look
• Biomedics
• PCE AUTOMATION LTD
• BIBLE OPTEQ CO.
• LTD
• Medios Co
• POLYTOUCH Contact Lens Co.
The report segments the global contact lenses market by product, design, usage, and region. By product, lenses are segmented into RPG lens, soft lens, and hybrid lens. By design it is segmented into spherical lens, toric lens, multifocal lens, and other lenses. By usage it is segmented into corrective lens, prosthetic lens, cosmetic lens, lifestyle-oriented lens, and therapeutic lens.
Geographically the market has been analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).
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Key Benefits
• The study provides an in-depth analysis of the market with current trends and future estimations to elucidate imminent investment pockets.
• Comprehensive analysis of all geographical regions has been provided, which helps determine prevailing opportunities.
• Key players have been profiled and their strategies thoroughly analysed, which helps understand the competitive outlook of the global market.
• The report offers a quantitative analysis from 2016 to 2023, which is expected to enable stakeholders to capitalize on prevailing market opportunities.
• Exhaustive analysis of the global contact lenses market by type helps understand the types of lenses that are currently being used along with the variants that would gain prominence in future.
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
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