Soft Contact Lens Market Volume Analysis, Segments, Value Share and Key Trends by 2023

Soft contact lens are used to correct the vision of the eye. These lenses are made of soft water absorbing flexible and translucent polymers (hydrogels) and a high amount of plasticizer. These are more flexible than the hard contact lens and can be easily molded into the desired shapes. Soft contact lens fit easily to the eyeball compared to a rigid gas-permeable lens and provides comfort. Most contact lens patients are currently offered hyper oxygen-permeable silicone-hydrogel soft lenses. They are not only used to correct ophthalmic disorders such as nearsightedness or farsightedness but also increase aesthetic appeal.

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Rise in prevalence of eye disorders such as cataract, glaucoma, and myopia drive the market growth. In addition, the rise in usage of electronic gadgets such as television and computer, make way for different eye disorders. Also, the increase in awareness through social media marketing and the comfort and convenience provided by soft contact lens are the prime concerns for a person switching from eyeglasses to contact lenses.

However, the presence of other ophthalmology devices and corrective procedures such as photorefractive keratectomy (PRK) and laser and rising side effects of contact lenses such as eye infections and corneal ulcer restraints the market growth. In the aging population, improving the economy and increasing disposable incomes across the world majorly drives the market growth and these factors are also expected to provide numerous growth opportunities.

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Major Players:

• Bausch & Lomb
• Cibavision
• Johnson & Johnson
• CooperVision
• Fresh Look
• Biomedics
• Pce Automation Ltd
• Bible Opteq Co.LTD
• Medios Co
• polytouch contact lens co.
• ZEISS
• Contamac

Key Benefits:

• The study provides an in-depth analysis of the global soft contact lens market, with current trends and future estimations to elucidate the imminent investment pockets.

• It presents a quantitative analysis from 2016 to 2023 to enable the stakeholders to capitalize on prevailing market opportunities.

• Extensive analysis of the market by product type assists in understanding the various forms of soft contact lens available.

• Key players are profiled and their strategies are analyzed thoroughly, which predict the competitive outlook of the market.

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