openPR Logo
Press release

Gas Permeable Contact Lens - Increasing Array of Products to Enable Market Growth

06-20-2016 12:05 PM CET | Health & Medicine

Press release from: Transparency Market Research,

The global contact lenses market is expected to be valued at US$13.47 bn by the end of 2019. It was recorded at US$6.81 bn in 2012. This market is progressing at a promising CAGR of 10.3% within a forecast period of 2013 to 2019. This growth rate is sustained by prime drivers that include advancements in therapeutic properties of lenses while making large strides in aesthetics and cosmetics. The details on these factors are provided in a research report published by Transparency Market Research, titled “Contact Lens Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.”

To access full report, please visit: http://www.transparencymarketresearch.com/contact-lens-market.html

Contact lenses use hydrogel or silicon hydrogel shaped to fit right above the cornea and help eliminate or reduce vision impairments that a patient suffers from. These could include glaucoma, presbyopia, astigmatism, and myopia. At the same time, contact lenses can also be used to change the way the consumer’s eyes appear. People may use lenses to change the color as well as the appearance of the eye. In terms of function, contact lenses are becoming highly durable and provide state-of-the-art scratch resistance and comfort.

The major factors that are increasing the demand for lenses are the higher number of patients with ophthalmologic disorders. According to the National Eye Association of the U.S., at least 11 mn of American consumers were suffering from eye related problems including hyperopia and astigmatism. The number of people with vision problems is increasing due to negative changes in lifestyles and an increasing percentage of the geriatric demographic.

The report divides the global contact lenses market in terms of characteristics, designs, usage, and geography.

According to usage pattern, the global contact lenses market is spearheaded by the segment of corrective lenses. This segment is progressing at a CAGR of 12.2% within the report’s given forecast period.

In terms of design, the segment of multifocal lenses is the fastest growing one for the forecast period. It was valued at US$553.7 mn in 2012 and its growth rate is attributed to the high number of people suffering from myopia in the world.

North America was the dominant region in the global contact lenses market in 2012, when it accounted for 42% of the market. This massive market for contact lenses in North America is also corroborated by the CDC, which had stated that nearly 11 mn American citizens older than 12 years can negate their vision issues by using refractive correction.

Request A Sample Of This Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1787

At the same time, Asia Pacific is showing the fastest growth rate in the global contact lenses market, owing to a high population density and a large untapped market that is drawing the attention of top global players. A larger percentage of the population in developing economies can now afford premium and semi-premium branded contact lenses due to higher disposable incomes.

The key players in the global contact lenses market are SynergEyes, Inc., STAAR Surgical Company, Johnson & Johnson, Hoya Corporation, Essilor International, CooperVision, Carl Zeiss Meditec AG, Bausch & Lomb Incorporated, Alcon Laboratories, Inc., and Abbott Medical Optics, Inc.
Key segments of the Global Contact Lenses Market
Contact Lens Market, by Characteristics
•Spherical Contact Lens
•Toric Contact Lens
•Gas-Permeable Contact Lens
•Soft Contact Lens
oDaily Disposable
oWeekly Replacement
oMonthly Replacement
oExtended Wear
oAnnual Replacement
oUnplanned Replacement Schedule

Contact Lens Market, by Design
•Spherical Contact Lens
•Toric Contact Lens
•Multifocal Contact Lens
•Orthokeratology Contact Lens

Contact Lens Market, by Usage
•Corrective Contact Lens
•Therapeutic Contact Lens
•Post-Operative Therapeutic Contact Lens
•Cosmetic Contact Lens
•Enhancement Tints
•Opaque and Special Effect Contact Lens
•Prosthetic Contact Lens
•Computer Lens
•D-Segment Contact Lens
•Sports Lens
•Custom-made Contact Lens

Contact Lens Market, by Geography
•North America
•Europe
•Asia-Pacific
•Rest of the World (RoW)

About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact us:
Mr. Sudip S
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email:Â sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.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 Gas Permeable Contact Lens - Increasing Array of Products to Enable Market Growth here

News-ID: 345021 • Views: 408

More Releases from Transparency Market Research,

Connected (Smart) Street Light Market to touch US$ 1,502.8 Mn by 2026; COVID-19 …
Lighting is one of the major prospects for rapidly evolving smart technologies. A majority of lighting systems installed currently are based on traditional lighting systems. However, increasing awareness about energy conservation and efficient lighting techniques is gaining attention of players operating in the connected (smart) street light market. In addition, development of sensors and wireless technologies in the field of smart lighting is fueling the market. The market is witnessing
Bitter Melon Extract Market: Historical Growth, Future Outlook, Demand Analysis …
The bitter melon extract is the extract obtained from the bitter melon fruit that is grown widely in Asia, Africa, and the Caribbean. Due to the bitterness of the bitter melon extract, they are unpalatable for most of people. But there are significant medicinal advantages of the bitter melon extract, which is why they are grown so extensively. The fruit of bitter melon is extracted, concentrated, purified and then dried
Global Class III Milk Industry Research, Development, Rapid Growth, Business Opp …
Class III milk is often utilized in various packaged food processing as well as dairy processing industries. Class III milk plays an important role in food servicing industries as a key ingredient in producing cheesy food servings which have amplified its demand in recent years. Since the products derived from of class III milk are used in various food processing and food servicing industries, class III milk is gaining traction
Sugar Substitutes Market Trends: In-Depth Analysis Of Competitive Landscape, Out …
Growing inclination to migrate to diets with less calorific contents has been a key enabler as well accelerator of product developments in the sugar substitutes market. Food companies have also been finding attractive revenue potential on sugar substitutes. Several brands containing sugar substitutes are garnering attention by and acceptance of populations in developed economies. A case in point is stevia-based functional food products. This is one of the significant trends

All 5 Releases


More Releases for Contact

Smart Contact Lenses Market 2026
The latest version of the 2020 market study on Smart Contact Lenses Market comprising 161 with market data Tables, Charts, Graphs, and Figures which are easy to understand with showcased in-depth analysis. The report forecast global Smart Contact Lenses market to grow to reach xx Million USD in 2020 with a CAGR of xx% during the period 2020-2026. Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation.
Global Smart Contact Lenses Market Report 2018
Global Smart Contact Lenses Market Report 2018-2022: The report on Global Smart Contact Lenses Market, documents a detailed study of different aspects of the Global Smart Contact Lenses Market. It shows the steady growth in market in spite of the fluctuations and changing market trends. In the past four years the Global Smart Contact Lenses Market has grown to a booming value of $xxx million and is expected to grow more. Every
Contact Center Analytics Market - The Implementation of Contact Center Analytics
The significant benefits of contact center analytics is that it helps in monitoring the service quality of each employee-customer interactions and thereby help in streamlining operational and business issues. Contact center analytics also aid in reducing operational & overhead expenses. One time implementation of contact center analytics alleviate frequently repeated issues. Furthermore, customer experience is the valuable element in any contact center business segment. So it’s important in transforming
Incentivising Contact Centre Teams
The establishment of incentives is an important process for every contact centre, and the KPI’s are typically aligned with the overall corporate strategy and mission. How KPI’s are set, will in part be determined by the type of contact centre i.e. sales, service or support, and the indicators will consider customer satisfaction, operational efficiency, sales, and agent quality for example. Choosing the measurements for success and the subsequent rewards also
Contact Lens Market - Trends, Outlook 2025
A contact lens is a medical device used for cosmetic and therapeutic reasons, primarily for vision correction. Contact lens provides enhanced peripheral vision as it does not accumulate moisture from the atmosphere. The vast variety and affordability of contact lens make it a common lifestyle product. Contact lens provides high compatibility as it can be worn along with other eye wear choices such as sunglasses. Lenses offer clear peripheral and
In contact at last
NORRES PUR AS hose family with electrostatic discharge capability now also available with compatible CONNECT Safety Clamp Systems The use of wall materials that are conductive or capable of electrostatic discharge is often recommended for transport hoses in hazardous areas. Last year, NORRES Schlauchtechnik (Gelsenkirchen, Germany) unveiled its new, permanently antistatic PUR AS hose family with electrostatic discharge capability. The NORRES CONNECT Safety Clamp Systems 230, 231 and 232, which allow