openPR Logo
Press release

Australia Contact Lens Market to Grow at Steady Rate till 2026 | TechSci Research

06-16-2021 06:46 AM CET | Health & Medicine

Press release from: TechSci Research Pvt Ltd

Australia Contact Lens Market - TechSci Research

Australia Contact Lens Market - TechSci Research

Increase in spending for ophthalmic products and rising old age population is expected to drive the demand for Australia contact lens market in forecast period.

According to TechSci Research report, “Australia Contact Lens Market By Material Type (Silicone Hydrogel, Hydrogel, Gas permeable, Others) By Design (Spherical, Toric, Multifocal, Others) By Wear Type (Disposable v/s Reusable) By Application (Corrective, Therapeutic, Cosmetic, Others) By Distribution Channel (Retail Stores, Hospitals & Clinics, Online) By Company, By Region, Forecast & Opportunities, 2026”, The Australia contact lens market is expected to witness steady growth in the next five years. Rise in preference for adoption of contact lenses as they provide more confidence to people rather than wearing heavy and thick eyeglasses. Consumption of omega-3 supplements on a daily basis improves the tear film present in eye lenses. Patients suffering from eye disorders who were not able to wear contact lenses for long duration can wear the contact lenses due to their improved daily routine. Introduction of better contact lenses products to increase the comfort and wearability of contact lenses by enhancing the moisture content present in contact lenses is further expected to accelerate the demand for contact lenses for the next five years. Contact lenses are directly placed upon the cornea thereby have wider visual access than the eyeglasses. Contact lenses reduce the glare reflections and image distortions which is expected to boost the product demand.

Due to the ongoing pandemic COVID-19, lockdown restrictions were imposed all over the country. Complete shutdown was observed, and people started practicing social distancing and following the precautionary guidelines. Imposition of strict regulations and policies by leading authorities, which led to huge losses of business industries. Also, the demand for contact lenses have gone down. Manufacturing units were shut down and loss of availability of skilled labors led to market decline. Number of units imported or exported to other countries also suffered huge loss. After the lifting of lockdown restrictions, the companies are again operational with lower production volume and the market is expected to pick up the pace eventually.

Browse XX Figures spread through XX Pages and an in-depth TOC on "Australia Contact Lens Market”.
https://www.techsciresearch.com/report/australia-contact-lens-market/7517.html

Australia contact lens market is segmented into material type, design, wear type, application, distribution channel, regional distribution, and company. Based on design, market can be further divided into spherical, toric, multifocal, and others. The spherical segment is expected to hold large market share for the forecast period, 2022-2026. Increase in occurrence of myopia and high adoption rate of these lenses by optometrists and patients Spherical contact lenses provides clear vision, improves contrast sensitivity, and reduces the blur which are the other contributing factors for high demand of spherical contact lenses in Australia. Based on application, market can be divided into corrective, therapeutic, cosmetic, and others. The cosmetic segment is expected to witness growth in the next five years due to high demand for enhanced aesthetic appeal of eyes. Based on wear type, market can be fragmented into disposable and reusable. The disposable segment is expected to dominate the contact lenses market for the forecast period as new set of contact lenses provide more comfort to the patient. These lenses are prescribed by eye care professionals as they are considered the safest option and disposable contact lenses prevent the problems relating to longer placement of lens over the eyes.

CooperVision Australia, SAS ONE PTY LTD., Johnson & Johnson Australia, Alcon Laboratories (Australia) Pty Ltd., Capricornia Contact Lens Pty Ltd., Gelflex Australia, Bausch & Lomb (Australia) Pty Ltd, Menicon Australia Pty Ltd., ColourVUE Australia, Contact Lens Centre Australia are the leading players operating in Australia contact lens market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several contact lens manufacturers are coming up with their technologically advanced offerings.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7517
Customers can also request for 10% free customization on this report.

“High-end investments by major market players for technological advancements of contact lenses to improve the eye health and comfort of patients is driving the market growth. Incorporation of silicone in polymers used as materials to make contact lenses offers superior oxygen breathability as they can afford oxygen ten times more oxygen to cornea than the previously used contact lenses is expected to boost the demand for contact lenses for the forecast period. Advances in re-wetting technology to increase the duration of wearing of contact lenses in a single go while performing visually demanding tasks is further expected to propel the growth of the eye lenses market until 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a global research-based management consulting firm.

“Australia Contact Lens Market By Material Type (Silicone Hydrogel, Hydrogel, Gas permeable, Others) By Design (Spherical, Toric, Multifocal, Others) By Wear Type (Disposable v/s Reusable) By Application (Corrective, Therapeutic, Cosmetic, Others) By Distribution Channel (Retail Stores, Hospitals & Clinics, Online) By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of Australia contact lens market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of Australia contact lens market.

Browse Related Reports:
Global Contact Lenses Market By Modality (Reusable, v/s Disposable), By Design (Spherical, Toric, Multifocal & Others), By Material Type (Silicon hydrogel, Hydrogel, Gas Permeable & others), By Application (Corrective, Therapeutic, Cosmetic & others), By Distribution (Retail Stores, Hospitals & Clinics, Online,) By Region, Competition, Forecast & Opportunities, 2026
https://www.techsciresearch.com/report/contact-lenses-market/4132.html

Global Eye Care Market By Product Type (Eyeglasses, Eye Drops, Contact Lens, Intraocular Lens, Eye Vitamins, Others), By Eye Drops (Prescription v/s Over-The-Counter), By Coating (Anti-Glare, UV Coating, Others), By Lens Material (Polycarbonate, Normal Glass, Trivex, Others), By Distribution Channel (Retail Stores, E-commerce, Clinics, Hospitals), By Region, Competition Forecast & Opportunities, 2026
https://www.techsciresearch.com/report/eye-care-market/4879.html

About TechSci Research:

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Website: https://www.techsciresearch.com/
For More Market Research Blogs Visit: https://techsciblog.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Australia Contact Lens Market to Grow at Steady Rate till 2026 | TechSci Research here

News-ID: 2306095 • Views: 264

More Releases from TechSci Research Pvt Ltd

North America to Dominate the Global Surgical Lasers Market till 2026 | TechSci …
Increase of medical tourism and favourable reimbursement policies is expected to drive the demand for global surgical lasers market in the forecast period. According to TechSci Research report, “Global Surgical Lasers Market By Type (Carbon-Dioxide Lasers, Argon Lasers, Diode Lasers, Others) By Procedure Type (Open Surgery, Laparoscopic Surgery, Percutaneous Surgery) By Application (Ophthalmology, Dentistry, Dermatology, Cardiology, Gynecology, Others) By End User (Hospitals & Clinics, Ambulatory Care Centers, Others) By Company, By
North America to Dominate the Global Hospital Acquired Infection Control Market …
Increase in hospital stay duration and prevalence of chronic diseases is expected to drive the demand for global hospital acquired infection control market in the forecast period. According to TechSci Research report, “Global Hospital Acquired Infection Control Market By Product (Sterilizers, Disinfectors, Endoscope Reprocessors, Others) By Application (Disease Testing, Drug-Resistance Testing) By Technology (Phenotypic Methods, Genotypic Methods) By Disease (Hospital Acquired Pneumonia, Bloodstream Infections, Surgical Site Infections, Gastrointestinal Infections, UTI, Others)
Surgical Sutures Market to Grow with Impressive CAGR during the Forecast Period …
Increased awareness among patients is driving the growth in Global Surgical Sutures Market in the forecast period, 2022-2026. According to TechSci Research report, “Global Surgical Sutures Market By Product Type (Automated Suturing Device {Disposable v/s Reusable} v/s Suture Thread {Monofilament v/s Multifilament}) By Application (Cardiovascular Surgery, General Surgery, Gynecological Surgery, Orthopedic Surgery, Ophthalmic Surgery) By End User (Hospitals & Clinics, Ambulatory Care Centers, Others) By Region, Competition Forecast & Opportunities, 2026”,
United States Hospital Market to Grow with an Impressive CAGR until 2026 | TechS …
Advancing healthcare infrastructure is driving the growth of United States Hospital Market, in the forecast period. According to TechSci report on, “United States Hospital Market By Ownership (Public v/s Private) By Type (General, Specialty, Multi- Specialty) By Type of Services (In-Patient Services v/s Out-Patient Services) By Bed Capacity (Up to 100 beds, 100-500 beds, Above 500 beds) By Region, Competition Forecast & Opportunities, 2026”, United States hospital market has shown promising

All 5 Releases


More Releases for Australia

Australia – A Dataforce insight
Australia, the land of the Ute (Pickup), Cyber Cars (Dealer volume demos), Novated leasing and annual registrations of around 1.1 million new cars has now become one of the latest markets to enter our portfolio. We are putting together a series of articles to hopefully give some fresh Dataforce insights into the Australian market place, with a firm eye on the True Fleet channel. With a constantly expanding population and
StoreWALL Launches into Australia
Expand and organise your space with wall-mounted storage solutions from StoreWALL. StoreWALL is a premium wall-mounted storage system for home and business. The range covers wall panels, hooks, baskets, bins, brackets and shelves. Everything you need to efficiently organise and store items in the home or commercial space. With superior materials and construction, our products are built to last. Plus, you won’t find a system that’s easier to install. StoreWALL systems
Coffee in Australia
ReportsWeb.com has announced the addition of the “Coffee in Australia” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. Influenced by the strong café culture in Australia, consumers are increasingly interested in the origins and tastes of their coffee products. Consumers ask more questions about where their coffee is from and this is reflected in the strategic plans of large companies.
Agrochemicals Market in Australia
ReportsWorldwide has announced the addition of a new report title Australia: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “Australia: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A
Cheese in Australia
Australian consumption of cheese remains buoyant with increasing demand for better quality cheese and a move away from processed cheese. In particular, cheese retail value grew 2% in current terms in 2016, up from 1% in 2015. Positive research, in recent years, on the benefits of dairy fats also contributed to increasing demand for full fat cheese. Demand for cheese was also partly fuelled by Australian consumers enjoying cheese, especially
Australia – An Innovative Agenda?
Australia’s government tightens foreign investment laws for housing and land and introduces a National Innovation and Science Agenda to encourage innovation in business and schools. The second half of 2015 saw significant changes to Australia’s foreign investment framework come into effect, along with the government making an innovation statement which committed $1 billion over the next four years to foster and develop new ideas and new businesses in Australia. To near