What are the Growth Drivers of Contact Lenses Market? CooperVision, Novartis, Johnson & Johnson, Valeant Pharmaceuticals, Blanchard, Contamac, Hoya, Essilor, Conforma, Bausch & Lomb, Menicon and Wesley Jessen
North America contact lenses market was more than USD 2.5 billion in 2016. Requirement for safety policies due to presence of number of employees working in high accidentally prone areas will trigger the demand. Several R&D facilities are increasingly coming up in the region to boost the industry.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2095
Rising diabetes incidences and expanding aging demographics has augmented product market. According to industry estimates, one in every 12 people of age 40 and above suffering from diabetes prone to vision-threatening diabetic retinopathy. Globally, people aged around 80 and older estimated to hold 8% of the total population and account for 69% of the blindness.
Development of products using computerization technology will drive cost effective and bulk production. In addition, rising trend of colored or decorative lenses will support product demand. Increasing consumer awareness pertaining to eye health and penetration of vision correction, therapeutic and cosmetic purpose products particularly in developed economies will drive the product demand.
Younger generation, suffering from nearsightedness, are anticipated to prefer contact lenses over glasses. Thus, manufacturers are investing in research & development of innovative products that fit their customer lifestyles. Corrective procedures such as Photorefractive Keratectomy (PRK) & LASIK and ophthalmology devices coupled with fluctuating raw material prices are major factors restraining contact lenses market.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Cooper Vision
2. Johnson Johnson
4. Valeant Pharmaceuticals
5. Blanchard Contact Lenses
6. Zeiss International
12. Wesley Jessen
15. Bausch Lomb
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/contact-lenses-market
Hybrid lenses market is expected to surpass USD 9 billion by 2024. Increasing consumer demand for clarity and wearing has positively influenced product demand. The product is easier to handle, ensures more comfort, disinfect easily, don't dehydrate, and last longer than soft lenses. These factors are likely to augment product sales over the forecast period.
Hydrogel accounted for more than 70% market share in 2016. They have proven to be highly biocompatible materials for ametropia correction that allow oxygen to pass through the wearer's cornea providing easy adaptability and enhanced comfort to the eye.
Daily disposable will register CAGR over 3.5% by 2024. The product provides the advantage of fewer complications and better comfort compared to counterparts. Thus, companies are ensuring expansion of their product portfolio. In addition, the cost per unit could be lower with daily disposables related to monthly or biweekly replacements.
- Contact Lenses Industry, By Distribution Channel
• Optical stores
• Independent brand showrooms
• Online stores
• Retail stores
- Contact Lenses Market, By Design
• Bifocal and multifocal
- Contact Lenses Market, By Usage
• Daily disposable
• Weekly disposable
• Monthly disposable
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2095
Global contact lenses market share is consolidated in nature owing to strong dominance of few multinational players. Key industry manufacturers include Contamac, Essilor, Johnson & Johnson, Novartis and Valeant Pharmaceuticals.
Other prominent industry participants include Blanchard, Cooper Vision, Hoya, Conforma, Bausch & Lomb, Menicon, Zeiss International, UltraVision and Wesley Jessen. Manufacturers are likely to invest in new parameters and options within this lens modality with constantly changing consumer demand.
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.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What are the Growth Drivers of Contact Lenses Market? CooperVision, Novartis, Johnson & Johnson, Valeant Pharmaceuticals, Blanchard, Contamac, Hoya, Essilor, Conforma, Bausch & Lomb, Menicon and Wesley Jessen here
News-ID: 1729014 • Views: 148
More Releases from Global Market Insights, Inc.
U.S. Industrial Boiler Market| Manufacturers Strategies and Industry Forecast 20 …
The Global U.S. Industrial Boiler Market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure. California industrial boiler market is projected to reach over 19,000 MMBtu/hr by 2024. Chemical, metal, food processing and equipment manufacturing
Industrial Emission Control Systems Market to See Strong Growth in Future | Gene …
Global Industrial Emission Control Systems market analysis mainly introduces the changing market dynamics in terms of covering all details inside analysis and opinion, volume and value market share by players, by regions, by product type, by consumers and their price change details, cost/revenue structure. Additionally, the analysis of Global Industrial Emission Control Systems offers a detailed breakdown of key market growth drivers and limitation along with impact analysis of the
Stationary Catalytic Systems Market Growing Business Trend Opportunities 2019-20 …
The Stationary Catalytic Systems Market report offers detailed competitive landscape of the global market. It includes company, market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the Stationary Catalytic Systems market based on product, technology, end user and region. China market is projected to witness growth owing to introduction of NOx reduction mandates along with stringency in the existing directives. Increasing investments with an
Hydrogen Generation Market | Industry Research and Forecast Analysis 2018 - 2024
Global Hydrogen Generation Market Report offered by Global Market Insights gives a market overview of the Hydrogen Generation industry which covers product scope, market revenue, opportunities, growth rate, sales volumes and figures. The report also explores the worldwide players of the market and is segmented by region, type and application with forecast to 2023. Growing investment towards the expansion and upgradation of refinery to meet the sulfur emission regulations will stimulate
More Releases for Contact
Global Smart Contact Lenses Market Report 2018
Global Smart Contact Lenses Market Report 2018-2022: The report on Global Smart Contact Lenses Market, documents a detailed study of different aspects of the Global Smart Contact Lenses Market. It shows the steady growth in market in spite of the fluctuations and changing market trends. In the past four years the Global Smart Contact Lenses Market has grown to a booming value of $xxx million and is expected to grow more. Every
Contact Center Analytics Market - The Implementation of Contact Center Analytics
The significant benefits of contact center analytics is that it helps in monitoring the service quality of each employee-customer interactions and thereby help in streamlining operational and business issues. Contact center analytics also aid in reducing operational & overhead expenses. One time implementation of contact center analytics alleviate frequently repeated issues. Furthermore, customer experience is the valuable element in any contact center business segment. So it’s important in transforming
Global Contact Lenses Market Growth 2025
In this report, the global Contact Lenses market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Contact Lenses in these regions, from 2013 to 2025 (forecast), covering North
Incentivising Contact Centre Teams
The establishment of incentives is an important process for every contact centre, and the KPI’s are typically aligned with the overall corporate strategy and mission. How KPI’s are set, will in part be determined by the type of contact centre i.e. sales, service or support, and the indicators will consider customer satisfaction, operational efficiency, sales, and agent quality for example. Choosing the measurements for success and the subsequent rewards also
Contact Lens Market - Trends, Outlook 2025
A contact lens is a medical device used for cosmetic and therapeutic reasons, primarily for vision correction. Contact lens provides enhanced peripheral vision as it does not accumulate moisture from the atmosphere. The vast variety and affordability of contact lens make it a common lifestyle product. Contact lens provides high compatibility as it can be worn along with other eye wear choices such as sunglasses. Lenses offer clear peripheral and
In contact at last
NORRES PUR AS hose family with electrostatic discharge capability now also available with compatible CONNECT Safety Clamp Systems The use of wall materials that are conductive or capable of electrostatic discharge is often recommended for transport hoses in hazardous areas. Last year, NORRES Schlauchtechnik (Gelsenkirchen, Germany) unveiled its new, permanently antistatic PUR AS hose family with electrostatic discharge capability. The NORRES CONNECT Safety Clamp Systems 230, 231 and 232, which allow