Press release
Contact Lens Market Expected to Hit US$ 13 Billion by 2025 | Global Key Manufacturers - Alcon, Bausch Health, CooperVision, Johnson & Johnson
Contact Lens Market
Overview of the Global Contact Lens Market:
The report spread across 181 pages is an overview of the Global Contact Lens Market. These report study based on the Contact Lens Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies. Contact Lens Market Research Report is a meticulous investigation of current scenario of the market, which covers several market dynamics.
The Global Contact Lens Market is predicted to reach nearly US$ 13 Billion by 2025.
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As per the market report, Contact lenses are thin plastic discs made from hydrogel or silicon hydrogel. Contact lenses are used for vision correction, and for cosmetic and aesthetic purpose to change the color or appearance of eye. Contact lenses are continuously gaining increased importance and adoption due to high prevalence of various eye related disorders such as myopia, presbyopia, astigmatism, and other forms of vision disorders. The use of lenses offers varied medical and lifestyle-related benefits.
Major key factors such as ageing population coupled with increasing prevalence of eye related disorders, technological advancements, rising awareness, growing disposable incomes, and increasing preference for contact lenses over prescription eyeglasses to enhance aesthetics fuels the growth of global contact lenses market. Although these factors are expected to drive the contact lenses market growth, elements such as the high cost and dearth of skilled ophthalmologists are projected to hamper the growth of the market.
Regional Analysis –
1 In terms of region, the global contact lens market is dominated by North America.
2 In North America, United States captured highest share of the total contact lens market in 2018.
3 Europe represents a major market for contact lenses, owing to rising chronic eye diseases among geriatric population.
4 In Europe, United Kingdom and Germany are the major market for contact lenses.
5 There are around 3.6 Million contact lens wearers in the UK.
6 In Italy, around 6% of the population wear contact lenses.
7 Asia Pacific is anticipated to grow at the fastest rate over the forecast period due to the presence of untapped opportunities in the emerging economies such as China and India.
8 In Asia Pacific, Japan captured highest share of the global contact lens market, followed by China.
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Major Key Players:
1 Alcon, Inc.
2 Bausch Health Companies Inc.
3 CooperVision, Inc
4 Johnson & Johnson Services, Inc. and More……………
This comprehensive Contact Lens Market research report 2019 – 2025 includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.
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Table of Contents:
1 Executive Summary
2 Global Contact Lens Market & Forecast (2012 - 2025)
3 Global Contact Lens Market Share & Forecast (2012 - 2025)
4 By Segments - Global Contact Lens Market & Forecast (2012 - 2025)
5 By Materials - Global Contact Lens Market & Forecast (2012 - 2025)
6 By Design - Global Contact Lens Market & Forecast (2012 - 2025)
7 By Modality - Global Contact Lens Market & Forecast (2012 - 2025)
8 By Region - Contact Lens Market & Forecast (2012 - 2025)
9 By Country - Contact Lens Market & Forecast (2012 - 2025)
10 Global Contact Lenses Market - Company Profiles
11 Key Technologies - Contact Lenses Market
12 Global Contact Lens Market - Growth Drivers
13 Global Contact Lens Market - Challenges
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We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
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