Contact Lenses Market – Size, Share and Forecast (2018-2025)

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Contact Lenses Market

  • The growing incidence of ophthalmic disorders, increasing cases of visual impairment, Ease of handling when compared to other devices, etc., is driving the growth of the global Contact Lenses market.
  • However, risks involved due to the use of the lens, increasing demand for laser surgeries are likely to hold back the growth of the global Contact Lenses market.

 

Contact Lenses Trends

  • Researchers in South Korea have developed smart contact lenses that can monitor glucose levels using tears. This invention is helpful for diabetic patients, who need continuous monitoring and controlling blood sugar levels. Hence increase in the number of the diabetic population also fuelling the global demand for Contact Lenses.
  • As per the American Academy of Ophthalmology, around 25% of eye diseases are causing blindness. A new dissolving contact lens is formulated with an ability to treat inflammatory eye diseases. Such innovations are likely to boost up the demand for contact lenses.
  • FTC regulations regarding the acknowledgment forms are likely to slow down the sales of the contact lenses through small clinics and other tiny sales channels.

 

Contact Lenses Market Segmentation

  • The market is segmented by Type, Design Type, and Purpose. By Type, the market is segmented as Soft Lens, Rigid Gas Permeable Lens, and Hybrid Lens. Soft Lens is the most commonly used taking the lion’s share of the global market.
  • By Design type, the market is segmented as Multifocal, Spherical and Others.
  • By Purpose, the market is segmented as Cosmetic Lens, Corrective Lens, Prosthetic Lens, Therapeutic Lens, and Others. Cosmetic Lens segment is expected to lead the global market. Increasing concerns about appearance, ease of handling, availability in disposable and other formats are driving the demand for this segment.

 

Global Contact Lenses Geography Shares

  • The report segments the geographies by regions, which include North America, South America, Europe, Asia Pacific, and RoW.
  • North America is leading the global Contact Lenses market, with the majority of contribution from the US. Growing geriatric population, Supportive government regulations, increasing awareness of eye diseases are fuelling the demand in this region.
  • The Asia Pacific region is expected to grow at a higher CAGR compared to the other areas. Japan is contributing to the significant demand in this region.

 

Contact Lenses Market Report Scope

  • The report profiles the following companies, which include Abatron, Alcon, Altacor, Allergan, Bausch & Lomb, Boston, Ciba Vision, Johnson & Johnson, Novartis Ophthalmics, and Sauflon.

 

Reasons to purchase this report

  • Visualize the composition of the Contact Lenses market across each indication, regarding type and applications, highlighting the critical commercial assets and players.
  • Identify commercial opportunities in Contact Lenses by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of the Contact Lenses market – level 4/5 segmentation
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
  • Product mapping in excel for the critical Contact Lenses products of all major market players

 

Target Audience for this report

  • Raw Material & Equipment Suppliers/ Buyers
  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers.

Global Contact Lenses Market

1. Contact Lenses Market – Methodology and Scope

1.1 Research methodology

1.2 Scope of the Report

 

2. Contact Lenses Market – Industry Trends

2.1 Key Trends & Developments

 

3. Contact Lenses Market – Outlook

3.1 Industry Impact Factors (Drivers & Restraints)

3.2 Competitive Intensity- Porter 5 Forces

 

4. Product-based Analysis

4.1. Contact Lenses Market – By Type

4.1.1 Soft Lens

4.1.2 Rigid Gas Permeable Lens

4.1.3 Hybrid Lens

4.2 Contact Lenses Market- By Design Type

4.2.1 Multifocal

4.2.2 Spherical

4.2.3 Others

4.3 Contact Lenses Market- By Purpose

4.3.1 Cosmetic Lens

4.3.2 Corrective Lens

4.3.3 Prosthetic Lens

4.3.4 Therapeutic Lens

4.3.5 Others

 

5. Regional, Country-level Analysis

5.1. North America

5.1.1. The USA

5.1.2. Canada

5.1.3. Mexico

5.2. Europe

5.2.1. Germany

5.2.2. France

5.2.3. The UK

5.2.4. Italy

5.2.5. Spain

5.2.6. Rest of Europe

5.3. Asia Pacific

5.3.1. China

5.3.2. Japan

5.3.3. India

5.3.4. Australia

5.3.5. Rest of Asia Pacific

5.4. South America

5.4.1. Brazil

5.4.2. Argentina

5.4.3. Rest of South America

5.5 RoW

 

6. Competitive Trends

6.1. Market Share Analysis

6.2. Key Strategies

 

7. Company Profiles

7.1 Abatron

7.2 Alcon

7.3 Altacor

7.4 Allergan

7.5 Bausch & Lomb

7.6 Boston

7.7 Ciba Vision

7.8 Johnson & Johnson

7.9 Novartis Ophthalmics

7.10 Sauflon

 

8. Appendix

8.1 Sources

8.2 List of Tables

8.3 Expert Panel Validation

8.4 Disclaimer

8.5 Contact Us

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