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Disposable Contact Lenses Market to Witness Huge Growth by 2026 | Johnson &Johnson Vision Care, Novartis, CooperVision, Bausch + Lomb

11-25-2020 02:58 PM CET | Fashion, Lifestyle, Trends

Press release from: Market Insights Reports

Disposable Contact Lenses Market

Disposable Contact Lenses Market

The Disposable Contact Lenses Market report provides a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This market study provides comprehensive data which enhances the understanding, scope and application of this report. 

Contact Lenses is lightweight corrective, cosmetic or therapeutic devices that are usually placed directly onto the cornea of the eye. Contact lenses have many benefits for wearers, including appearance and practicality. Many people choose to wear contact lenses as opposed to eyeglasses as they do not steam up, they provide a wider field of vision, and they are more suitable for a number of sporting activities.

In the US market, Disposable contact lenses are mainly come from the four major manufacturers. Johnson &Johnson Vision Care, Novartis, Cooper Vision and Bausch + Lomb Which Johnson are the largest supplier in the market. Occupy 37% of the market.

South of USA is the largest consumer area in the United States. Occupy 33% of the market. Northeast of USA is the second of consumer area in the United States.

Silicone hydrogel contact lenses are the most popular lenses in the United States, accounting for 67 percent of new contact lens fittings and refittings in 2016. Regular hydrogel accounted for 20 percent, followed by GP lenses (10 percent) and hybrid lenses (2 percent). PMMA contact lenses rarely are used these days, accounting for less than 1 percent of contact lens fittings in 2016.

Daily disposable contact lenses, in general, are more expensive than lenses used for longer periods of time. But cost can vary widely, depending on the brand and the lens material. Daily disposable contact lenses made from silicone hydrogel materials are often positioned by lens manufacturers as "premium" daily disposables with the greatest benefit and the highest cost.

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Top Leading Companies of Global Disposable Contact Lenses Market are Johnson &Johnson Vision Care, Novartis, CooperVision, Bausch + Lomb, St.Shine Optical, Menicon and others.

Industry News:

New Delhi, July 21, 2020 - Impromptu planning and spontaneity are the most commonly found attributes amongst the younger generation these days. However, following up on these plans often becomes difficult for spectacle wearers when they are seeking immediate solutions to look and feel at their best. This is where Daily Disposable Contact Lenses come into play. According to a 2019 report by Contact Lens Institute, Daily Disposables Contact Lens category is the leading growth driver for the Indian contact lens industry. With the consumer palette evolving to accommodate shorter ownership cycles, Bausch + Lomb India announced the launch of iconnect® daily disposable contact lenses in the affordable range for these youngsters.

In 2019, Bausch + Lomb launched their highly successfully “Blame the Frame” campaign for iconnect monthly and Silicone Hydrogel Lenses, which established the range as an everyday wingman for the youth looking to give themselves a style makeover. The campaign helped identify the growing demand for accessible and convenient solutions preferred by the youth. On the back of this growing demand, Bausch + Lomb decided to the  extend this range to the Daily Disposable category with the introduction of iconnect dailies. Available in both 10 & 30 lens packaging and priced at INR 349/- and INR 899/- respectively, these lenses areone of the most affordable and accessible solution, for the targeted consumers in the market.

Aug 19, 2019 - Alcon has announced plans to launch its daily disposable contact lens in the U.S. made from a new material.

The company’s Precision1 lenses are built from a silicone hydrogel comprised of 51% water, dubbed verofilcon A. The lenses also hold a permanent layer of moisture on their surface, designed to support the eye’s tear film, and contain an ultraviolet-light-blocking compound to offer protection from harmful UVA and UVB rays.

October 8, 2019 - Alcon is planning to launch Precision1 daily disposable, silicone hydrogel contact lenses in the US. Precision1 contact lens uses Smartsurface technology.

The technology features a permanent, micro-thin, high-performance layer of moisture at the lens surface that helps support a stable tear film to deliver lasting visual performance from morning to night.

A new head-to-head clinical study demonstrated superiority of Precision1 over top-selling 1-Day Acuvue Moist contact lenses in attributes critical for successful contact lens wear: vision, comfort and handling.

Global Disposable Contact Lenses Market Split by Product Type and Applications:

This report segments the global Disposable Contact Lenses market based on Types are:
Daily Disposable Contact Lenses
Weekly Disposable Contact Lenses
Monthly Disposable Contact Lenses

Based on Application, the Global Disposable Contact Lenses market is segmented into:
Corrective Lenses
Therapeutic Lenses
Cosmetic Lenses and Lifestyle-Oriented Lenses

Along with a detailed manufacturing and production analysis, the report also includes the consumption statistics of the industry to inform about Disposable Contact Lenses market share. Consumption volume and the value analysis comprised in the report helps businesses in determining which strategy will be most helpful in expanding their Disposable Contact Lenses market size. Information about Disposable Contact Lenses market traders and distributors, their contact information, import/export, trade analysis, price analysis and comparison are also provided by the report. The global Disposable Contact Lenses market study report examines the market size, industry share, growth rate, key segments, CAGR and key drivers. In addition to that data, the profiles of Disposable Contact Lenses industry key players are included in the report.

Browse Full Report at:

https://www.marketinsightsreports.com/reports/01061715565/global-disposable-contact-lenses-market-research-report-2020?source=openpr&Mode=07

Important Sections from the Table of Contents:

- Global Disposable Contact Lenses Market Overview
- Economic Impact on Industry
- Market Competition by Manufacturers
- Production, Revenue (Value) by Region
- Supply (Production), Consumption, Export, Import by Regions
- Production, Revenue (Value), Price Trend by Type
- Market Analysis by Application
- Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Global Disposable Contact Lenses Market Forecast

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, Disposable Contact Lenses Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Disposable Contact Lenses industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

Purchase Full Report at:

https://www.marketinsightsreports.com/report/purchase/01061715565?mode=su?source=openpr&Mode=07

We Offer Customization On Report Based On Specific Client Requirement:
- Free country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
- Free 40 analyst hours to cover any other data point.

Browse Related Reports:

Global Daily Disposable Contact Lenses Market

https://www.marketinsightsreports.com/reports/08202246990/global-daily-disposable-contact-lenses-market-insights-and-forecast-to-2026?source=openpr&Mode=07

Global Weekly Disposable Contact Lenses Market

https://www.marketinsightsreports.com/reports/04071967525/global-weekly-disposable-contact-lenses-market-research-report-2020?source=openpr&Mode=07

Global Yearly Disposable Contact Lenses Market

https://www.marketinsightsreports.com/reports/04071967966/global-yearly-disposable-contact-lenses-market-research-report-2020?source=openpr&Mode=07

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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