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Global Bifocal Glasses Market Technologies can present lucrative growth opportunities in the upcoming forecast

03-11-2021 12:56 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Biofocal Lences

Biofocal Lences

Bifocal glasses are glasses with two different optical powers. Bifocal eyeglasses are most frequently prescribed to individuals with astigmatism, presbyopia, and hyperopia who need a secondary correction for myopia, farsightedness, or astigmatism. Read on for more information about bifocal eyeglasses. Bifocal lenses are a type of single vision lens that can be worn for one specific purpose and are designed to provide improved vision in situations where using two corrective lenses is impractical, such as when driving or operating machinery without visual clarity, or when reading printed materials. A pair of bifocal lenses consists of two separate lenses and is separated by a small gap between the two. The lenses are then attached to a frame with a separator to prevent their separation. Because the separation prevents glare from both sides of the lens from being focusing on the reader or viewer, bifocal lenses can produce sharper text, clearer pictures, and greater visual clarity for those suffering from presbyopia and other vision impairments.

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The global bifocal glasses market focuses on six regions, such as North America, Asia Pacific, South America, Europe, the Middle East, and Africa.

Drivers:

The main factor influencing the bifocal glasses market is the increasing rate of ophthalmic issues all over the world. For instance, according to the United Nations, in 2019, around 2.2 billion people were suffering from visual impairments and other ophthalmic conditions such as Strabismus, Amblyopia, Glaucoma, Diabetic Retinopathy, Cataract, Age-Related Macular Degeneration, and Refractive Errors. While many of these issues have resulted from age and other underlying health issues, the increased screen timings, especially in young adults are expected to propel the market growth. Additionally, various lifestyle changes in young adults and consumption of various psychedelic drugs are estimated to boost the market growth of bifocal glasses.

Restraints:

The cost of bifocal glasses and the requirement of daily maintenance of the lenses are the main restraining factor hindering the growth of the bifocal glasses market.

Regional Insights:

North America is expected to hold a significant share of the bifocal glasses market owing to the prevalence of ophthalmic issues and the abundance of skilled ophthalmologists in the region. For instance, according to the Centers for Disease Control and Prevention (CDC0, more than 23,861 ophthalmologists are practicing in the U.S. Asia Pacific is expected to witness significant growth in the global bifocal glasses market owing to the rise of ophthalmic issues and fast-changing lifestyle in the region, especially in the emerging nations.

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Competitive Section:

Players operating in the global bifocal glasses market include Jiangsu HongChen Optical Company, Shanghai Conant Optics Company, Luxottica Group S.p.A., Seiko Holdings Corporation, Nikon Corporation, Fielmann AG, Carl Zeiss Inc., Eastman Kodak Company, Hoya Corporation, and Essilor International S.A.

In September 2020, Flying Eyes Optics introduced a new nonprescription bifocal glasses known as Kestrels.

In July 2002, optical scientists in Arizona developed a trifocal lens technology.

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Worldwide Market Reports,
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About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provides our diverse range of clients from across all industries with vital decision-making insights to plan and align their market strategies in line with current market trends.

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