Contact Lens Solution Market Worth to Outgrow by USD 3810.41 MN By 2027
Posted On June 03, 2021
According to the research report by Value Market Research, the Global Contact Lens Solution Market is likely to grow to USD 3810.41 MN by 2027 with a CAGR of 4.5% during the year 2021-2027. Increased adoption of contact lenses has increased the demand for contact lens solutions for keeping them safe and infection-free. Hence, this factor is assumed to be the primitive market driver for the growth of the contact lens market. Growing development and innovation in contact lens material has also increased the demand for contact lens solutions and is a key factor to drive this market's growth. Moreover, the increasing use of contact lenses for cosmetic purposes is also assumed to be a driving factor for the growth of the contact lens solution market. However, lack of awareness and usage of contact lens solutions among the customers may hamper the market growth of contact lens solutions.
A contact lens solution is a solution that is used to store contact lenses when they are not used and also to prevent eye infection. Their primary objective is to keep contact lenses clean and safe. Some solutions can act as a disinfectant, too for contact lenses. Multipurpose solution, hydrogen peroxide-based solution, and rigid gas permeable solution are some basic types of contact lens solutions. The multipurpose solution is an all-in-one solution; hydrogen peroxide-based solution is generally prescribed to a person having an allergy, while the rigid gas permeable solution is especially for storing hard contact lenses. Disinfecting the contact lenses is very important as it will help in maintaining the good health of the eyes. So, a proper disinfectant contact lens solution must be opted based on the contact lens type.
"Global Contact Lens Solution Market Report By Type (Multi-Purpose, Hydrogen Peroxide-Based), By Material (Gas Permeable Lens, Silicone Hydrogel Lens, Hybrid Lens), By Distribution Channel (E-Commerce, Eye Care Practitioners, Retail) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" is an elaborate report providing market data on the basis of segments and geography.
On the basis of type the market is segmented into Multi-purpose, Hydrogen peroxide-based. By material the contact lens solution market is categorised as Gas Permeable Lens, Silicone Hydrogel Lens, Hybrid Lens. By distribution channel the contact lens solution market is categorised as E-commerce, Eye Care Practitioners, Retail. By geography the report is bifurcated into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Contact Lens Solution is the dominating region. The data tables in this section depict the market estimate by market segment.
The Report Segments Global Contact Lens Solution Market -
- Hydrogen peroxide-based
- Gas Permeable Lens
- Silicone Hydrogel Lens
- Hybrid Lens
By Distribution Channel
- Eye Care Practitioners
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Players Profiled In the Report:
Bausch + Lomb, Incorporated, Alcon Laboratories, Inc. (Novartis AG); CLB VISION, Allergan, Ciba Vision, FreshKon, CooperVision, Inc., Johnson & Johnson, Vision Care, Inc.; Interojo Co. Ltd., and Menicon Co., Ltd.
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