The contact lenses market size is expected to reach USD 11.91 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Increase in refractive disorders among varying age groups, growing geriatric population, changing lifestyle, rapid urbanization, and increase in problems associated with diabetes are major factors boosting revenue growth of the global contact lenses market. Contact lenses offer more comfort and convenience, and increasing consumer affordability due to rising disposable income along with easy availability of a wide range of products, are factors that are expected to continue to support global market growth going ahead.
The latest research report by Emergen Research, named ‘Global Contact Lenses Market. The report provides a detailed outlook on how the pandemic has affected the key segments of the Contact Lenses Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Contact Lenses Market industry. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Contact Lenses Market
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Contact Lenses market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Johnson & Johnson, Bausch + Lomb, Alcon, Carl Zeiss Meditec AG, HOYA Corporation, The Cooper Companies, Seed Co., Ltd., EssilorLuxottica, BenQ Materials Corporation, and Menicon Co., Ltd
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Emergen Research has segmented the global Contact Lenses market on the basis of type, application, end-use, and region:
Usage Outlook (Revenue: USD Billion; 2018–2028)
- Daily Wear
- Disposable
- Reusable
- Extended Wear
- Traditional lenses
- Daily Wear
Design Outlook (Revenue: USD Billion; 2018–2028)
- Monovision
- Spherical
- Toric
- Multifocal
Material Outlook (Revenue: USD Billion; 2018–2028)
- Hybrid
- Silicone Hydrogel
- Rigid Gas Permeable
- PMMA
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Contact Lenses Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Contact Lenses Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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