Contact Lenses Market Report to 2023 - Top Technologies, Overview, Key Insights and Company Profiles
Report analyzes various types of contact lenses and their adoption pattern. It aims at estimating contact lenses market size & future growth potential of contact lenses market for different segments such as product type (model, design, material, color var
(EMAILWIRE.COM, December 12, 2018 ) Contact lenses market is dominated by top four players, namely, Johnson & Johnson (US), Alcon, Inc. (US), Cooper Vision, Inc. (US), and Bausch + Lomb (US). Some of other key players in contact lenses market are Carl Zeiss Meditech AG (Germany), HOYA Corporation (Japan), Essilor Group (France), SEED Co., Ltd. (Japan), Menicon Co., Ltd. (Japan), and BenQ Materials Corporation (Taiwan).
Get Free Contact Lenses Market Report Updates Now at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1779344 .
Contact lenses market is expected to reach USD 9.2 billion by 2023 from an estimated USD 7.2 billion in 2018, at a CAGR of 4.9%. Study involved four major activities to estimate current market size for contact lenses. Exhaustive secondary research was done to collect information on market, peer market, & parent market.
Contact lenses market is segmented into spherical, toric, multifocal, cosmetic, and monovision contact lenses. Multifocal contact lenses segment is expected to grow at the highest CAGR during forecast period. Multifocal contact lenses are used to treat myopia, hyperopia, presbyopia, and astigmatism (in some cases). These lenses are soft as they avoid the risk of infection and are designed to adjust at various site zones so as to avoid the use of extra eyeglasses along with multiple contact lenses.
Contact Lenses Market, By Distribution Channel
1 Introduction
2 Retail Stores
3 Retail Stores Accounted for the Largest Share of the Contact Lenses Market in 2017
4 Hospitals & Clinics
5 Growing Number of Hospitals in Developing Countries to Drive Growth of Hospitals & Clinics Segment
6 E-Commerce
7 Growing Trend of Online Purchases to Drive Market Growth
More Information on Contact Lenses Market with Top Company Profiles, Overview and Trends at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1779344 .
The contact lenses market is segmented into daily wear, extended wear, and traditional contact lenses. Daily wear contact lenses segment is expected to register the highest CAGR during the forecast period. High growth of this segment can primarily be attributed to the advantages offered by daily wear contact lenses, such as easy wearability, no requirement of lens cleaning (in the case of disposable daily wear contact lenses),
Objectives of the Study
• To define, describe, and forecast the contact lenses market on the basis of product type (by model, design, material, color variation, and application), distribution channel, and region
• To provide detailed information about factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
• To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze market opportunities for stakeholders and provide details of the competitive landscape of key players
• To forecast the size of the contact lenses market in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
• To profile the key players in the contact lenses market and comprehensively analyze their core competencies
• To track and analyze competitive developments such as joint ventures, alliances, mergers, acquisitions, product/technology developments, and research & development activities of the leading players in the contact lenses market
Get 15% Discount Now on “Contact Lenses Market by Model (Daily Wear, Extended Wear), Design (Monovision, Spherical, Multifocal, Toric), Material (PMMA, Hybrid, Silicone Hydrogel), Application (Orthokeratology, Decorative Lenses), Distribution Channel - Global Forecast to 2023” report @ https://www.reportsnreports.com/contacts/discount.aspx?name=1779344 .
Emerging countries such as China and India is expected to witness the highest CAGR during the forecast period. This growth can be attributed to the rapidly developing healthcare industry in China and India, growth in aging population, rising prevalence of myopia, rising per capita income, increasing investments in these countries by key market players, the expansion of private-sector hospitals & clinics to rural areas.
Break of primary participants was as mentioned below:
• By Company Type – Tier 1–35%, Tier 2–40% and Tier 3–25%
• By Designation – C-level–35%, Director Level–45%, Others–20%
• By Region – North America–27%, Europe–26%, AsiaPacific–29.0%, Rest of the World–18%
Contact lenses market, by model, segmented into daily wear, extended wear, & traditional contact lenses. Daily wear contact lenses segment to dominate market in 2018. Large share of this segment can primarily be attributed to advantages offered by daily wear contact lenses, like easy wearability, no requirement of lens cleaning (in case of disposable daily wear contact lenses), & no requirement of overnight wear.
Get Free Contact Lenses Market Report Updates Now at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1779344 .
Contact lenses market is expected to reach USD 9.2 billion by 2023 from an estimated USD 7.2 billion in 2018, at a CAGR of 4.9%. Study involved four major activities to estimate current market size for contact lenses. Exhaustive secondary research was done to collect information on market, peer market, & parent market.
Contact lenses market is segmented into spherical, toric, multifocal, cosmetic, and monovision contact lenses. Multifocal contact lenses segment is expected to grow at the highest CAGR during forecast period. Multifocal contact lenses are used to treat myopia, hyperopia, presbyopia, and astigmatism (in some cases). These lenses are soft as they avoid the risk of infection and are designed to adjust at various site zones so as to avoid the use of extra eyeglasses along with multiple contact lenses.
Contact Lenses Market, By Distribution Channel
1 Introduction
2 Retail Stores
3 Retail Stores Accounted for the Largest Share of the Contact Lenses Market in 2017
4 Hospitals & Clinics
5 Growing Number of Hospitals in Developing Countries to Drive Growth of Hospitals & Clinics Segment
6 E-Commerce
7 Growing Trend of Online Purchases to Drive Market Growth
More Information on Contact Lenses Market with Top Company Profiles, Overview and Trends at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1779344 .
The contact lenses market is segmented into daily wear, extended wear, and traditional contact lenses. Daily wear contact lenses segment is expected to register the highest CAGR during the forecast period. High growth of this segment can primarily be attributed to the advantages offered by daily wear contact lenses, such as easy wearability, no requirement of lens cleaning (in the case of disposable daily wear contact lenses),
Objectives of the Study
• To define, describe, and forecast the contact lenses market on the basis of product type (by model, design, material, color variation, and application), distribution channel, and region
• To provide detailed information about factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
• To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze market opportunities for stakeholders and provide details of the competitive landscape of key players
• To forecast the size of the contact lenses market in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
• To profile the key players in the contact lenses market and comprehensively analyze their core competencies
• To track and analyze competitive developments such as joint ventures, alliances, mergers, acquisitions, product/technology developments, and research & development activities of the leading players in the contact lenses market
Get 15% Discount Now on “Contact Lenses Market by Model (Daily Wear, Extended Wear), Design (Monovision, Spherical, Multifocal, Toric), Material (PMMA, Hybrid, Silicone Hydrogel), Application (Orthokeratology, Decorative Lenses), Distribution Channel - Global Forecast to 2023” report @ https://www.reportsnreports.com/contacts/discount.aspx?name=1779344 .
Emerging countries such as China and India is expected to witness the highest CAGR during the forecast period. This growth can be attributed to the rapidly developing healthcare industry in China and India, growth in aging population, rising prevalence of myopia, rising per capita income, increasing investments in these countries by key market players, the expansion of private-sector hospitals & clinics to rural areas.
Break of primary participants was as mentioned below:
• By Company Type – Tier 1–35%, Tier 2–40% and Tier 3–25%
• By Designation – C-level–35%, Director Level–45%, Others–20%
• By Region – North America–27%, Europe–26%, AsiaPacific–29.0%, Rest of the World–18%
Contact lenses market, by model, segmented into daily wear, extended wear, & traditional contact lenses. Daily wear contact lenses segment to dominate market in 2018. Large share of this segment can primarily be attributed to advantages offered by daily wear contact lenses, like easy wearability, no requirement of lens cleaning (in case of disposable daily wear contact lenses), & no requirement of overnight wear.
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Tel: + 18883915441
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ReportsnReports
Mr. Vishal
Tel: + 18883915441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results