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Global Contact Lenses Market Research Report 2022-2027:
According to the latest report by IMARC Group, titled " Contact Lenses Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 202 2-2027
," the global contact lenses market size reached US$ 7.6 Billion in 2021.
Contact lenses are thin, curved films that are worn directly on the cornea to improve vision. These lenses help correct the refractive errors and visual deficiencies, including myopia, hypermetropia, presbyopia, and astigmatism. In addition, contact lenses are considered a safer alternative to eyeglasses they offer a wider field of vision, aiding individuals to see with more clarity. Nowadays, several manufacturers are also launching innovative colored lenses for cosmetic purposes.
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The market is primarily driven by the increasing adoption of contact lenses to correct multiple vision defects. The rising geriatric population that requires visual aids is also escalating the demand for contact lenses. In addition to this, the growing preference for contact lenses to enhance the aesthetic appearance and eye comfort is propelling the market growth. Furthermore, research and development (R&D) activities in the field of optics and optometry and rapid technological advancements are fueling the market growth. For instance, gas permeable lenses permit more oxygen to pass through the cornea, thus reducing dryness and itching. Furthermore, key manufacturers are developing ultraviolet (UV) inhibiting lenses that aim to protect the eyes from sun rays, prevent the cause of cataracts and other eye problems.
Looking forward, the market is expected to grow at a CAGR of 6% during the forecast period (20222027).
View Report TOC, Figures and Tables: https://www.imarcgroup.com/contact-lenses-market
Key Market Segmentation
The research report includes the following segments:
Breakup by Material:
• Gas Permeable
• Silicone Hydrogel
• Hybrid
• Others
Breakup by Design:
• Spherical
• Toric
• Multifocal
• Others
Breakup by Usage:
• Daily Disposable
• Disposable
• Frequently Replacement
• Traditional
Breakup by Application:
• Corrective
• Therapeutic
• Cosmetic
• Prosthetic
• Lifestyle-oriented
Breakup by Distribution Channel:
• E-commerce
• Eye Care Practitioners
• Retail Stores
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Competitive Landscape with Key Players:
• Alton Vision LLC
• Bausch & Lomb Incorporated
• Carl Zeiss AG
• Contamac Holdings Limited
• EssilorLuxottica SA
• Hoya Corporation
• Johnson & Johnson Services, Inc
• Menicon Co. Limited
• SEED Co. Limited
• SynergEyes Inc
• Cooper Companies Inc
1. How has the global contact lenses market performed so far and how will it perform in the coming years?
2. What has been the impact of COVID-19 on the global contact lenses market?
3. What are the key regional markets?
4. What is the breakup of the market based on the material?
5. What is the breakup of the market based on the design?
6. What is the breakup of the market based on the usage?
7. What is the breakup of the market based on the application?
8. What is the breakup of the market based on the distribution channel?
9. What are the various stages in the value chain of the industry?
10. What are the key driving factors and challenges in the industry?
11. What is the structure of the global contact lenses market and who are the key players?
12. What is the degree of competition in the industry?
Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/contact-lenses-market/toc
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