Smart Contact Lenses Market Research Report - Forecast to 2023 Global Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
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Smart Contact Lenses Market Research Report Forecast to 2023 Research Across Sectors to Give Impetus to Global Smart Contact Lenses Market 2023 • Contact lens are thin lenses are worn to improve vision or for aesthetic use. An increase in the trend of using contact lens has been noticed in last few years. Contact lenses eliminate the need of using spectacles. Technological advancement in smart contact lenses is on the verge of creating something innovative with a goal to minimize vision problems in people. Trend in the use of medical devices is found to be increasing from last few years, with the urge of innovative product development and technological advancement. Smart contact lenses monitor physiological parameters like blood glucose level helping the patient to manage his/her health. It also help a person to take immediate action and take consultation if blood glucose levels are elevated. Hence, smart contact lenses have brought a revolutionary change in diabetes management. • According to American Diabetes Association, diabetes patients are 40% more susceptible to the glaucoma making it necessary to continuously monitor glucose levels, thus favoring the growth of this market. According to a Center for Disease Control, nearly 26 million Americans are living with diabetes and about 7 million are undiagnosed, 79 million people living with prediabetes. It is the precursor to Type 2 diabetes, which accounts for up to 95 percent of all cases in the United States. Browse Report Details @ https://www.marketresearchfuture.com/reports/smart-contact-lenses-market-1186
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Smart Contact Lenses Market Research Report Forecast to 2023 Competitive Analysis
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• Samsung is a multinational conglomerate company manufacturing wide range of products. In April 2016, the company received a patent for smart contact lenses with in-built camera in South Korea. According to Samsung Mobile's report, Samsung started developing smart contact lenses as a means to create a better augmented reality experience than the ones that exist through Google Glass-like wearables. • Google is an American multinational technology company received a patent from the U.S FDA for smart contact lenses in November 2015. Increasing demand for self-monitoring devices, increasing aging population with eye disorders associated to diabetes and user friendliness of smart contact lenses drive this market in America. Development of innovative products for eye care and diabetes management their increasing popularity among people also contribute to the growth of this market. • Google agreed for partnership with the pharmaceutical company Novartis to develop smart contact lenses that can track diabetes by measuring blood glucose levels in tears and fix farsightedness as well. As part of the agreement, Google and Novartis’ eye care division Alcon will create smart lenses that feature “non-invasive sensors, microchips and other miniaturized electronics” and focus on two main areas i.e first they will provide a way for diabetic patients to keep a check on glucose levels by measuring the sugar levels in their tear fluid, feeding the data back to a smartphone or tablet. The second solution aims to help restore the eye’s natural focus on near objects, restoring clear vision to those who are only farsighted.
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Smart Contact Lenses Market Research Report Forecast to 2023 Application & Major Players in this Research: Smart Contact Lenses Market Prominent Players: • Samsung (South Korea), Sony (Japan), Alcon (U.S), Google (U.S), Sensimed SA (Switzerland) Segmentation: • The global smart contact lenses market has been segmented on the basis of application which includes continuous glucose monitoring, intraocular pressure monitoring and other applications. Other applications are cholesterol detection, sodium detection and alcohol detection. • On the basis of end users market is segmented into hospitals, clinics and home care settings.
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Smart Contact Lenses Market Research Report Forecast to 2023 About Us: Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), ContinuousFeed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright Š 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.
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