Press release
Contact Lenses Market – Know Latest Trends & Forecast for Long-Term Business Planning Up to 2030
Contact Lenses Market
A contact lens is a lightweight corrective, cosmetic, or therapeutic device that is placed directly onto the cornea of the eye to improve vision. Using contact lens not only avoids the need to use hard to manage, bulky spectacles, but also provides the added benefit of enhancing ones aesthetic appeal. In addition, contact lenses are also used to treat common eye disorders such as myopia, hypermetropia, presbyopia, astigmatism, and glaucoma.
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The global market size of Contact Lenses is $XX million in 2019 with XX CAGR, and it is expected to reach $XX million by the end of 2027 with a CAGR of XX% from 2020 to 2027.
COVID-19 scenario-
1) Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on essential medical devices production including ventilators and diagnostics.
2) However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of devices in certain locations.
3) Food and Drugs Administration (FDA), on the other hand, shared a COVID-19 guidance with medical device manufacturers to notify the agency about changes that could affect availability of their products.
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The Major Key Players Are:
Bausch & Lomb, Cibavision, Johnson & Johnson, CooperVision, Fresh Look, Biomedics, PCE AUTOMATION LTD, BIBLE OPTEQ CO., LTD, Medios Co, and POLYTOUCH Contact Lens Co.
Key Benefits:
• The study provides an in-depth analysis of the market with current trends and future estimations to elucidate imminent investment pockets.
• Comprehensive analysis of all geographical regions has been provided, which helps determine prevailing opportunities.
• Key players have been profiled and their strategies thoroughly analysed, which helps understand the competitive outlook of the global market.
• The report offers a quantitative analysis from 2016 to 2023, which is expected to enable stakeholders to capitalize on prevailing market opportunities.
• Exhaustive analysis of the global contact lenses market by type helps understand the types of lenses that are currently being used along with the variants that would gain prominence in future.
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Global Contact Lenses Market Key Segments:
By Product
• RPG Lens
• Soft Lens
• HybridLens
By Design
• Spherical Lens
• Toric Lens
• Multifocal Lens
• Other Lens
By Usage
• Corrective Lens
• Prosthetic Lens
• Cosmetic Lens
• Lifestyle-oriented Lens
• Therapeutic Lens
By Region
• North America
• Europe
• Asia-Pacific
• LAMEA
Similar Reports:
Ophthalmic Drugs Market : https://www.alliedmarketresearch.com/request-sample/310
Asia-Pacific Ophthalmic Diagnostic Devices Market : https://www.alliedmarketresearch.com/request-sample/10965
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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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