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Smart Contact Lens Market Trends, Segmentation, Growth, Analysis and Forecast 2023-2030

11-06-2023 03:40 PM CET | Health & Medicine

Press release from: Orion Market Research

Smart Contact Lens Market Trends, Segmentation, Growth,

The global smart contact lens market is anticipated to grow at a considerable CAGR of 25.5% during the forecast period. The key factor augmenting the market growth includes the increasing use of new technologies including smart contact lenses and others that capture images and store data and give driving directions, among others. Key market players are rapidly integrating new technologies with image intensifiers that support the treatment of various health problems such as diabetes, glaucoma, and many others which is further anticipated to drive the market growth. Some of the recent launches include-

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In March 2022, Mojo Vision launched, a new prototype of Mojo Lens augmented reality contact lenses and it includes new hardware features and new technologies that are kept directly into the lenses and developments of invisible computing.

In January 2022, Mojo Vision partnered with sports and fitness brands such as Adidas Running, Trailforks, and Wearable X and among others to improve athletes' access to in the moment or during data performance.
In August 2021, Alcon launched Precision1 SiHy daily disposable lens that uses water gradient technology similar to their Dailies Total1. This new technology is featured a Smart surface that allows for a 51% SiHy core surrounded by a highly wet table hydrogel polymer layer.

In January 2021, InWith Corporation at CES 2021 patented a configuration to enable developers to place augmented vision display chip applications into any soft hydrogel contact lenses. It enables multiple developers to create displays and ophthalmic improvement applications for contact lenses and adopt the latest AR/XR visual applications to give better sight to people who suffer from Myopia or Presbyopia.

Global Smart Contact Lens Market Report Segment

By Type

Extended Wear
Daily Wear Soft Lenses
Planned Replacement
Extended Wear Disposable
Rapid Gas Permeable (RGP)
Others

By Applications

Continuous Glucose Monitoring,
Intraocular Pressure Monitoring
Photochromic Lenses
Others

By End User

Hospital and Clinics
Home Care Settings
Others

A full report of Smart Contact Lens Market is available at: https://www.omrglobal.com/industry-reports/smart-contact-lens-market

Global Smart Contact Lens Market Report 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

Hitachi, Ltd.
InWith Corp.
Jilin Henghua Optoelectronics Co., Ltd.
Jobson Medical Information LLC
Johnson & Johnson Services, Inc.
Linear Technologies, Inc.
Mojo Vision Inc.
MUHWA INDUSTRIAL CO., LTD.
Murata Manufacturing Co., Ltd.
NXP Semiconductors
Panasonic Group
POG Präzisionsoptik Gera GmbH
Red Ventures, LLC
Samsung Electronics
Sigma Telecom

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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