Press release
China Contact Lenses Market Detailed In Recent Development to Grow at a Steady Growth Rate 2024-2031 | Johnson & Johnson Services, Inc, Menicon Co Ltd & CooperVision.
The China Contact Lenses Market reached US$ 577.9 million in 2023 and is expected to reach US$ 1118.2 million by 2031, growing at a CAGR of 8.6% during the forecast period 2024-2031.DataM Intelligence has published a new research report on "Chinese Contact Lenses Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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Contact lenses are thin, curved lenses placed directly on the surface of the eyes to correct vision or for cosmetic purposes. They serve as an alternative to traditional eyeglasses, offering a wider field of vision and greater convenience for individuals with refractive errors such as nearsightedness, farsightedness, or astigmatism. Contact lenses are made from materials that allow oxygen to pass through to the cornea, ensuring comfort and eye health. They are available in various types, including daily disposable, extended-wear, and cosmetic lenses that enhance or change eye color.
Key Developments:
➤ In March 2024, Visco Vision announced an expansion of its production capacity for contact lenses to meet the increasing market demand.
➤ In October 2023, XPANCEO, a deep tech startup, secured $40 million in a seed funding round, led by Opportunity Ventures (Asia), to develop the first contact lenses featuring augmented reality (AR) vision capabilities. The investment will be utilized to create the next prototype, integrating multiple features into a single device.
Research Process:
Both primary and secondary data sources have been used in the global China Contact Lenses Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
List of the Key Players in the China Contact Lenses Market:
Alcon (China) Ophthalmic Product Co Ltd, Johnson & Johnson Services, Inc, Menicon Co., Ltd, CooperVision, Changzhou Jingli Optical Technology Co., Ltd, Shenzhen Dasicheng Optical Technology Co., Ltd, Jilin Realcon Contact Lens Co., Ltd, Gansu Constar Technology Group, Bausch + Lomb and Ecoptik.
Segment Covered in the China Contact Lenses Market:
By Type: Rigid Gas Permeable (RGP) Contact Lenses, Soft Contact Lenses.
By Design: Spherical, Toric, Multifocal, Cosmetic, Others.
By Duration of Wear: Daily Disposable Lenses, Weekly/Monthly Disposable Lenses, Extended Wear Lenses.
By Application: Corrective Contact Lenses, Cosmetics Contact Lenses.
By Distribution channel: Hospitals & Clinics, Retail stores, Online Stores, Optical Stores, Independent Brand Showroom, Others.
Regional Analysis:
The global China Contact Lenses Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global China Contact Lenses Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The China Contact Lenses Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Chinese Contact Lenses manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Chinese Contact Lenses in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
Q1) How Big is the China Contact Lenses Market?
A) The China Contact Lenses Market reached US$ 577.9 million in 2023 and is expected to reach US$ 1118.2 million by 2031, growing at a CAGR of 8.6% during the forecast period 2024-2031.
Q2) Who are the key players of China Contact Lenses Market?
A) Alcon (China) Ophthalmic Product Co Ltd, Johnson & Johnson Services, Inc, Menicon Co., Ltd, CooperVision, Changzhou Jingli Optical Technology Co., Ltd, Shenzhen Dasicheng Optical Technology Co., Ltd, Jilin Realcon Contact Lens Co., Ltd, Gansu Constar Technology Group, Bausch + Lomb and Ecoptik.
Q3) What are the regions covered in this report?
A) The global China Contact Lenses Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa
4) What are the Segments Coverd in this report?
A) The China Contact Lenses Market is segmented as Type, Design, Duration of wear, Application, and Distribution Channel.
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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