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Color Blind Glasses Market worth $88.49 million by 2030, growing at a CAGR of 15.24% - Exclusive Report by 360iResearch

03-08-2024 10:07 AM CET | Chemicals & Materials

Press release from: 360iResearch

Color Blind Glasses Market | 360iResearch

Color Blind Glasses Market | 360iResearch

The "Color Blind Glasses Market by Type (Full-Color Blind Glasses, Partially Color Blind Glasses), Color Blindness Type (Blue-Yellow Color Blindness, Complete Color Blindness, Red-Green Color Blindness), Distribution - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Color Blind Glasses Market to grow from USD 32.77 million in 2023 to USD 88.49 million by 2030, at a CAGR of 15.24%.

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Color blind glasses consist of specially tinted lenses that help individuals with color vision deficiency to see colors more accurately. Colorblind individuals can experience a greater spectrum of colors while wearing color blind glasses. The surge in incidences of color blindness disorders and color vision deficiencies among the population worldwide is accelerating the use of color blind glasses to provide enhanced color vision to the affected individuals. Growing awareness regarding various eye disorders, including color blindness, coupled with the rising number of eye clinics to diagnose color blindness disorders, is facilitating the use and sale of color blind glasses. However, the high cost and limitations associated with using color blind glasses may reduce their adoption by color blind people. Moreover, the introduction of innovative and advanced color blind glasses, ongoing research on utilizing 3D printing technology to manufacture these glasses to enhance color vision, and government initiatives and programs to raise awareness regarding color blindness is expected to encourage the adoption of color blind glasses by the affected population.

The color blind glasses market is highly developing in the Americas owing to the surge in awareness among consumers and high expenditure for managing color deficiencies. The ongoing research and development (R&D) for advancements in color blind glasses also contribute to the growth of color blind glasses market in the Americas region. Government initiatives and programs to raise awareness regarding color blindness disorders and the availability of treatments are necessitating the use of color blind glasses in the APAC region. The rise in the number of the population affected by color blindness, increasing awareness regarding the benefits of color blind glasses as well as government initiatives to control color blindness are encouraging the use of color blind glasses in the EMEA region. Additionally, significant improvements and availability of color correcting glasses in various designs and presence on eCommerce are expected to create immense potential for the growth of color blind glasses worldwide.

Market Segmentation & Coverage:

This research report categorizes the Color Blind Glasses Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Full-Color Blind Glasses and Partially Color Blind Glasses. The Partially Color Blind Glasses commanded largest market share of 62.06% in 2023, followed by Full-Color Blind Glasses.

Based on Color Blindness Type, market is studied across Blue-Yellow Color Blindness, Complete Color Blindness, and Red-Green Color Blindness. The Red-Green Color Blindness commanded largest market share of 42.12% in 2023, followed by Complete Color Blindness.

Based on Distribution, market is studied across Offline and Online. The Offline is further studied across Hospital and Optical Shops. The Offline commanded largest market share of 78.99% in 2023, followed by Online.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Delaware, Florida, Georgia, Illinois, New Hampshire, New York, Ohio, Pennsylvania, Texas, and Vermont. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. The Europe, Middle East & Africa is further studied across Denmark, Finland, France, Germany, Israel, Italy, Netherlands, Norway, Poland, Russia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 39.88% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Color Blind Glasses Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Color Blind Glasses Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Color Blind Glasses Market, highlighting leading vendors and their innovative profiles. These include Carelust Ltd., Chromagen Europe BV, Color View,Inc., Colorlite Ltd., ColorView by World Munsell Co., Ltd., EnChroma, Inc., Eyemyeye Private Limited, HK IDEAMY LIMITED, Maui Jim, Inc., NISGAV, NoIR, Pilestone Inc., SportRx, and VINO Optics.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Color Blind Glasses Market, by Type
7. Color Blind Glasses Market, by Color Blindness Type
8. Color Blind Glasses Market, by Distribution
9. Americas Color Blind Glasses Market
10. Asia-Pacific Color Blind Glasses Market
11. Europe, Middle East & Africa Color Blind Glasses Market
12. Competitive Landscape
13. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Color Blind Glasses Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Color Blind Glasses Market?
3. What is the competitive strategic window for opportunities in the Color Blind Glasses Market?
4. What are the technology trends and regulatory frameworks in the Color Blind Glasses Market?
5. What is the market share of the leading vendors in the Color Blind Glasses Market?
6. What modes and strategic moves are considered suitable for entering the Color Blind Glasses Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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