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The global contact lenses market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026.
Contact lenses are medical devices placed on the tear film covering of the cornea to improve the vision of individuals with refractive errors, such as myopia, hyperopia, astigmatism, and presbyopia. They are made using thin, transparent plastic disks and can be given a slight tint of color to enhance the hues and make handling easier. They usually require a prescription from the eye specialist to prevent future complications, including infection, inflammation, and vision loss or blindness. Nowadays, several companies worldwide are offering customized lenses in various designs, depending on their intended purpose.
The increasing incidence of common eye disorders and diseases represents one of the key factors bolstering the market growth. As vision grows weaker with age, the growing geriatric population worldwide is positively influencing the demand for contact lenses for vision correction around the world. Apart from this, contact lenses offer several advantages over eyeglasses, including better peripheral vision, unobstructed field of view, and less likelihood of getting splattered. This, along with the rising participation of individuals in sports and physical activities, is increasing the adoption of contact lenses to minimize the risk of injury, provide better compatibility with safety equipment, and enhance the performance of both individuals and athletes. Moreover, special lenses have been introduced to slow the progression of nearsightedness in children. They assist in treating keratoconus and other corneal irregularities. Furthermore, the leading players are manufacturing ultra-violet (UV) inhibiting lenses that protect eyes from sun rays, which can cause cataracts and other eye problems. They are also launching innovative colored lenses for cosmetic purposes, which is anticipated to stimulate the growth of the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global contact lenses market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, material, design, usage, application and distribution channel.
Breakup by Material:
Breakup by Design:
Breakup by Usage:
Breakup by Application:
Breakup by Distribution Channel:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alcon Vision LLC, Bausch & Lomb Incorporated, Carl Zeiss AG, Contamac Holdings Limited, EssilorLuxottica SA, Hoya Corporation, Johnson & Johnson, Menicon Co. Ltd., SEED Co. Ltd., SynergEyes and The Cooper Companies Inc.
|Base Year of the Analysis||2020|
|Segment Coverage||Material, Design, Usage, Application, Distribution Channel, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Alcon Vision LLC, Bausch & Lomb Incorporated, Carl Zeiss AG, Contamac Holdings Limited, EssilorLuxottica SA, Hoya Corporation, Johnson & Johnson, Menicon Co. Ltd., SEED Co. Ltd., SynergEyes and The Cooper Companies Inc.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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