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Global Contact Lenses Market Analysis By Industry Size, Share, Revenue Growth and Demand Forecast To 2025
The global contact lenses market is anticipated to grow at a significant rate during the forecast period (2019-2025). The growing preference for contact lens over prescribed spectacles across the globe is driving the growth of the market. The contact lens does not let others see any difference in the person. It fits in the eye and cannot be noticed without much attention. The young generation cares about their appearance and looks owing to which the demand for contact lenses is increasing.(Get 15% Discount on Buying this Report)
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The contact lenses are not always used as the corrective and prescribed treatment for eye defects. The teenagers use them widely as cosmetics and to look better. A lot of different shades are available in the contact lens such as dark, white, Halloween and many more. Although, there is a lot of things that are required to be considered before using contact lenses such as the source or material of the contact lens. The contact lens must be certified and FDA approved as there are a lot of ill effects that a poorly built contact lens can cause such as dry eye, visual disability and other eye defects. The contact lens needs extensive care more than the prescribed spectacles. The contact lens must be cleaned regularly, and the lens must be handled with care. Owing to this, the market players are focused on developing innovative solutions that are expected to drive the contact lenses market growth.
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The contact lens is getting popular among its users and more accepted due to its quality of ease of use. The contact lenses are highly useful and accepted among the sportsperson with eye defects. With the ease of use that it provides, sports, and other works that require high physical engagement such as dance, gym, and athletics the contact lens plays a vital role to improve eye performance and without a need for handling it at the same time. Spectacle, on the other hand, is much harder to handle in such a situation due to its quality to break easily and fall easily.
With the research and development to improve the technology and performance of the contact lens, they are also accepted by the people without eye defects such as readers and people who are exposed to screens for long hours. The blue-ray and anti-glare technology stops the harmful rays from screen to enter in the eye and thus prevents eyes to get tired early. Such lenses without any corrective feature are used by users who are frequent screen users who are expected to contribute significantly to the industry growth.
Global Contact Lenses Market Segmentation
By Design
• Spherical Lens
• Toric Lens
• Multifocal
• Others
By Application
• Corrective
• Therapeutics
• Prosthetics
• Cosmetics and Life-Style Oriented
By Material Used
• Conventional Hard Lenses (PMMA)
• Rigid Gas Permeable
• Hydroxyethyl Methacrylate (HEMA) Hydrogel
• Silicone Hydrogel
• Poly(Vinyl Alcohol) (PVA) Hydrogels
• Other (Fluorosilicone Acrylate)
Global Contact Lenses Market Segmentation by region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• Alcon Vision LLC (A Division of Novartis AG)
• Bausch and Lomb, Inc.
• Blanchard Contact Lens, Inc.
• Carl Zeiss AG
• Conforma Laboratories, Inc.
• Contamac Holdings, Ltd.
• CooperVision, Inc.
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