Press release
Disposable Contact Lenses Market 2020 Growth Projection by Leading Players: Bausch Health, Novartis AG, CooperVision Inc., Johnson and Johnson Services Inc., and ZEISS International
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Disposable Contact Lenses Market Key Companies Analyzed:
Bausch Health, Novartis AG, CooperVision Inc., Johnson and Johnson Services Inc., and ZEISS International.
Global Disposable Contact Lenses Market Highlights:
In recent years, there have been several advancements in contact lenses with regards to safety, quality, and durability of these lenses. Although disposable lenses are meant to be used for a shorter span of time, there a few challenges associated with the production of these lenses that may decrease their durability, even within the short life.
In addition to product launches and innovations, Fortune Business Insights sheds light on the leading companies that are operating in the global disposable contact lenses market. Some of the companies that have aided the growth of the global market are Bausch Health, Novartis AG, CooperVision Inc., Johnson and Johnson Services Inc., and ZEISS International.
In December 2018, the Food and Drug Administration approved the first-ever silicone hydrogel based disposable contact lens. Tangible Science, LLC announced that it has received clearance from the FDA after successful clinical trials. Tangible's 'Hydra-PEG' is an innovative coating applied to the lenses, to improve wettability and increase deposit resistance. The use of hydrogel helps maintain clarity and hygiene within the lenses, and this is a first-of-its-kind technology. Fortune Business Insights expects this approval to have a major say on the growth of the global disposable contact lenses market. The report provides a brief analysis of product launches and approvals, similar to Tangible Hydra-PEG.
Furthermore, hesitancy in people towards adopting contact lenses still exists and this factor is restraining the growth of the global disposable contact lenses market. Having said that, growing innovations and advancements of contact lenses have led to an increase in reliability, which in turn is leading to increased adoption. In this report, Fortune Business Insights focuses on such product innovations that are contributing to the growing reliance on contact lenses..
Disposable Contact Lenses Market Report Covers Major Insights:
Key drivers, restraints, and prevailing Disposable Contact Lenses Market trends
Disposable Contact Lenses Market size, growth rate, and opportunities
Disposable Contact Lenses Market share and position of the top players
PEST Analysis of the five major regions
Detailed SWOT analysis of top companies
Recent developments and new product launches
Major challenges faced by the market players
Disposable Contact Lenses Market report also include data type such as capacity, production, market share, price, growth rate, consumption, import, export etc. Industry chain, manufacturing process, cost structure, marketing channel are also analysed in this report.
Market Segment by Regional Analysis covers:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
The global Disposable Contact Lenses market is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2024. In 2020, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Table of Contents
1 Market Overview
1.1 Disposable Contact Lenses Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.4 South America, Middle East and Africa
1.5 Market Dynamics
Click here to get the short-term and long-term impact of COVID-19 on this Disposable Contact Lenses Market: https://www.fortunebusinessinsights.com/industry-reports/disposable-contact-lenses-market-100366
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Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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