Soft Contact Lens Market Intelligence Report 2023: Cibavision, Johnson & Johnson, CooperVision, Fresh Look

Soft contact lenses are used to correct the vision of the eye. These lenses are made of flexible and translucent soft water absorbing polymers (hydrogels) and a large amount of plasticizer. They are more flexible than rigid contact lenses and can be easily molded into the desired shapes. Soft contact lenses easily adjust to the eyeball compared to rigid gas-permeable lenses and provide comfort. Currently, the majority of patients with contact lenses are offered soft lenses of silicone hydrogel permeable to hyper oxygen. Not only are they used to correct ophthalmic disorders, such as myopia or hyperopia, but they also increase aesthetic appeal.

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The increase in the prevalence of eye disorders such as cataracts, glaucoma and myopia drive market growth. In addition, the increase in the use of electronic devices such as television and computer, give way to different eye disorders. In addition, the increase of awareness through social media marketing and the convenience and convenience provided by soft contact lenses are the main concerns of a person changing from glasses to contact lenses.

However, the presence of other ophthalmological devices and corrective procedures, such as photorefractive keratectomy (PRK) and laser, and the increased side effects of contact lenses such as eye infections and corneal ulcers restrict market growth. In the aging of the population, the improvement of the economy and the increase in disposable income throughout the world drive mainly the growth of the market and it is expected that these factors provide numerous opportunities for growth.

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The report segments the market according to the type of product, end user and region. Depending on the type of product, the market is divided into contact lenses for daily use, contact lenses for extended use, toric contact lenses, colored contact lenses (tinted), decorative contact lenses (cosmetic) and others. According to end users, the market is classified into hospitals, e-commerce stores, ophthalmological diagnostic centers and others. By region, it is analyzed in North America, Europe, Asia-Pacific and LAMEA.

Major Companies:

• Bausch & Lomb
• Cibavision
• Johnson & Johnson
• CooperVision
• Fresh Look
• Biomedics
• Pce Automation Ltd
• Bible Opteq Co.LTD
• Medios Co

Soft Contact Lens Market Key Benefits:

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

• It presents a quantitative analysis from 2016 to 2023 to allow interested parties to capitalize on prevailing market opportunities.

• The extensive analysis of the market by type of product helps to understand the various forms of soft contact lenses available.

• The key players are profiled and their strategies are analyzed in depth, which predicts the competitive perspective of the market.

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