COVID-19 Economic Impact on Smart Contact Lens Market - Trends, Challenges and Outlook to 2025

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COVID-19 Economic Impact on Smart Contact Lens
Market - Trends, Challenges and Outlook to 2025
Smart Contact Lens Market, By Application
(Continuous Glucose Monitoring, Intraocular
Pressure Monitoring) By End Users (Hospital
Clinics, Home Care Settings and others), By
Geography (North America, South America, Europe,
Asia-Pacific, Middle East and Africa) Industry
Trends and Forecast to 2025
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rket
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Report Description
The Global Smart Contact Lens Market is expected
to reach USD 10.78 billion by 2025, from USD 4.95
billion in 2017 growing at a CAGR of 10.2 during
the forecast period of 2018 to 2025. The upcoming
market report contains data for historic years
2014 2015, the base year of calculation is 2016
and the forecast period is 2018 to 2025. Smart
contact lenses are used for measuring the glucose
level in the tears. The smart lens consists of
wireless chip and a miniaturized glucose sensor.
Through tiny hole in the lens that tears seeps
into the sensor. The wireless antenna inside the
contact lens acts as a controller to transmit
information to the wireless device. Power is
drawn from these devices via RFID wireless
technology. The intraocular pressure of healthy
eye is between 1,300 and 2,800 Pascals while the
pressure of diseased eye is 500 to 6,500 Pa.
 According to WHO, the number of diabetes patient
has been increased to 422 million in 2025 from
108 Million in 1980 across globally
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ket
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Major Key Players

• Some of the major players operating in this
  market are
• Linear Technologies
• NXP Semiconductor
• InvenSense
• Knowles
• Analog Devices
• Texas Instruments
• STMicroelectronics
• Hitachi
• Nanomix
• Murata Manufacturing
• Atmel, Banner Engineering, ams, Rockwell
  Automation, TOWA

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smart-contact-lens-market
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Market Segmentation

• By Application (Continuous Glucose Monitoring,
  Intraocular Pressure Monitoring)
• By End Users (Hospital Clinics, Home Care
  Settings and others)

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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