As per this study the Global Contact Lens Market was valued USD 12.34 BN (by revenue) in 2023 and is anticipated to reach USD 23.23 BN by 2032 with a CAGR of 7.28%.
Contact lens is the thin, transparent medical device that is worn over the eye surface mainly to improve sight or for cosmetic and therapeutic purpose. It is generally consider as an alternative for eyeglasses as it provides better vision and keeps moisture, rain, and precipitation. Wide variety of lenses is available with anti refractive materials, UV protection, and scratch resistance that impart better protection to the user.
Market Dynamics
The growing cases of myopia and rising treatment for visual deficiencies is driving the demand for contact lens. The shifting interests towards adoption of lenses over eyeglasses for enhancing aesthetics is another factor boosting the demand for cosmetic contact lenses. The growing demand of product with development of various innovative materials is further spurring the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of contact lens.
Market Segmentation
The broad contact lens market has been sub-grouped into type, design, application, distribution channel and usage type. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Application
By End-User
Regional Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for contact lens in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Contact Lens Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the contact lens market include Bausch & Lomb Incorporated, Johnson & Johnson Services, Inc., CooperVision, Inc., CIBA Vision, and others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . CONTACT LENS – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Application
3.7.2 Market Attractiveness Analysis By End-User
3.7.3 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL CONTACT LENS MARKET ANALYSIS BY APPLICATION
5.1 Overview by Application
5.2 Historical and Forecast Data
5.3 Analysis by Application
5.4 Intraocular Pressure Monitoring Historic and Forecast Sales by Regions
5.5 Continuous Glucose Monitoring Historic and Forecast Sales by Regions
6 . GLOBAL CONTACT LENS MARKET ANALYSIS BY END-USER
6.1 Overview by End-User
6.2 Historical and Forecast Data
6.3 Analysis by End-User
6.4 Clinics Historic and Forecast Sales by Regions
6.5 Home-Care Settings Historic and Forecast Sales by Regions
7 . GLOBAL CONTACT LENS MARKET ANALYSIS BY GEOGRAPHY
7.1. Regional Outlook
7.2. Introduction
7.3. North America Sales Analysis
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