Spectacle Lens Market 2020 Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2026

The report discusses many vital industry facets that influence Global Spectacle Lens industry acutely which includes extensive study of competitive edge, latest technological advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation.

This report includes an in-depth study of the global spectacle lens market (henceforth, referred to as the market studied). As per the scope of the report, the spectacle lens is the corrective lens, which is used to correct eye problems and improve vision. Common indications of the use of spectacle lens include myopia, astigmatism, presbyopia, and hypermetropia.

The growth of the global spectacle lens market is due to the increasing geriatric population and rising prevalence of optical disorders. Globally, the percentathe ge of elderly population increased from 5.6% to 8.6% between 1961 and 2011. According to the US Census Bureaus Statistics, among 7.3 billion people in the world, in 2015 an estimated 8.5 %, or 617.1 million, were aged 65 years and older.

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The Global Spectacle Lens market report chiefly includes following manufacturers-

Carl Zeiss Meditec AG, Essilor International SA, Hoya Vision Care Company, Vision Ease, Seiko Optical Products Co. Ltd, Rodenstock GmbH, GKB Ophthalmics Ltd

Global Spectacle Lens Market Scenario-

Prescription Glass Segment is Expected to Exhibit Fastest Growth Rate over the Forecast Period

Prescription glasses refer to spectacles whose lenses have been made specifically to match the wearer's defects of vision. According to a report published by the Vision Council of America, in 2015, 76.2% of American adults used vision correction. The report also states that 159.2 million people in the United States used prescription eyeglasses as a means of vision correction. In addition, on the basis of gender, 61.2% men in the United States used eyeglasses whereas 67.3% of women used prescription glasses (2015).

The price of prescription glasses generally ranges between USD 5-USD 30. It depends upon various factors, such as frame type, frame size, gender, material, weight, and prescription-type (single vision, bifocal, etc.). Some of the brands for prescription glasses include Vincent Chase, John Jacobs, Ray-Ban, Tom Ford, Persol, Calvin Klein, etc., which hold a major share of the prescription glass market.

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Major Highlights of Spectacle Lens Market report:

-Spectacle Lens Market Overview

-Market Competition by Manufacturers

-Industrial Chain, Sourcing Strategy and Downstream Buyers

-Marketing Strategy Analysis, Distributors/Traders

-Market Effect Factors Analysis

-Global Spectacle Lens Market Forecast (2020-2024)

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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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