Title: Global Contact Lens Industry 2015
1Global Contact Lens Market 2015-2019
(Type, Mode of action, Crop Type and Geography) -
Size, Share, Global Trends, Company Profiles,
Demand, Insights, Analysis, Research, Report,
Opportunities, Segmentation and Forecast, 2013 -
2020
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Published on Oct 2014
2 Report Overview
- The global contact lens market is expected to
grow steadily at a CAGR of around 10 during the
forecast period. While the Americas have been
dominating the global market since 2014, however,
APAC is predicted to be the fastest-growing
region in the market. Europe, which previously
held the second highest position in the market is
expected to witness a decline in market share due
to product saturation. - The contact lens market is also seeing constant
innovations based on new technology. For
instance, Alcon, Novartis's contact lens
manufacturing division, is in talks to license
Googles smart lens technology. This technology
can be embedded in contact lenses along with
sensors to help read a patient's glucose level.
This information could then be transmitted
wirelessly to the patient's mobile device for the
convenience of both the patients and the doctors. - Read More At http//www.researchbeam.com/global-
contact-lens-2015-2019-market
3 Report Overview
- Segmentation of the global contact lens market by
product - Soft contact lens
- RGP lens
- Hybrid lens
- The global contact lens market is dominated by
the soft contact lenses segment, followed by RGP
lenses and hybrid contact lenses, and this trend
is expected to continue during the forecast
period. - Segmentation of the global contact lens market by
design - Spherical contact lens
- Toric contact lens
- Multifocal contact lens
- Spherical lenses are used to correct myopia or
hyperopia and oldest and most convenient contact
lenses in use. They occupy the largest share of
this segment at around 72, followed by toric and
multifocal contact lens. - Enquire At http//www.researchbeam.com/global-co
ntact-lens-2015-2019-market/enquire-about-report
4 Report Overview
- Segmentation of the global contact lens market by
usageCorrectiveTherapeuticCosmeticThe
global corrective lens market is predicted to
reach nearly 7 billion by 2019. The growing
occurrence of vision disorders globally along
with a growth in the number of people opting for
contact lenses over glasses have been the major
drivers for the growth of this market. Research
Beams analysts predict that while the three
segments would witness a steady growth during the
forecast period, the cosmetic contact lens market
would see the fastest growth among
them.Segmentation of the global contact lens
market by geographyAmericasEuropeAPACThe
Americas has the largest revenue share in the
global market of around 36, followed by Europe
and APAC. The report predicts that by the end of
the forecast period, APAC would emerge as the
fastest growing region, with countries like China
and India being the major markets in this region.
Nearly 75 of the population in Asia suffer from
some form of myopia or hyperopia and require
corrective lenses.
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