Contact Lens Market: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global contact lens market based on its segments including type, end-use, and region. The report tracks the latest industry trends and analyses their overall impact on the market growth. It also evaluates the market dynamics, including key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.

Report Metrics

Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027

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Contact lenses refer to medical devices placed on the tear film covering of the cornea to enhance the vision of individuals with several refractive errors, such as hyperopia, astigmatism, and presbyopia. They are made of transparent, thin plastic discs and have a slight tint of color to improve the hues and make handling easier. Contact lenses are worn to prevent eye-related complications, including inflammation, infection, vision loss, blindness, etc.

Note: The study incorporates COVID-19’s direct market impact as well as the indirect effects of related industries on the contact lens market. These insights are regularly updated by the subject matter experts at Syndicated Analytics.

Global Contact Lens Market Trends and Drivers:

The increasing cases of common eye disorders and diseases are primarily driving the contact lens market. Additionally, the rising geriatric population that requires visual aid is also stimulating the market growth. Apart from this, the growing preference for contact lenses over eyeglasses, owing to their unobstructed field of view, better peripheral vision, and less likelihood of getting splattered, is positively impacting the global market. Moreover, the escalating need for contact lenses by individuals in sports and physical activities to reduce the risk of injury, enhance performance, and provide better compatibility with safety equipment is also acting as another significant growth-inducing factor. Besides this, several leading players are manufacturing ultra-violet (UV) lenses to protect eyes from sun rays that can cause cataracts and other eye problems, which is bolstering the market growth. Furthermore, various other factors, such as numerous research and development (RD) activities in optics and optometry and the introduction of gas-permeable lenses, which permit more oxygen to pass through the cornea, thus reducing dryness and itching, are expected to propel the global contact lens market in the coming years.

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Global Contact Lens Market Segmentation:

The market is segmented in on the basis of type, end use and region.

• Type
• End-use
• Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa

The key regions covered in the market report are North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East Africa (Saudi Arabia, Egypt, Nigeria, and South Africa). Moreover, the report also focuses on factors that strengthen revenue potential, demand, and consumption patterns in the global market.

Competitive Landscape:

The report also provides insights on the competitive landscape of the global contact lens market industry with the leading players profiled in the report. 

Read Also: Home Healthcare Market

Discover how this report can help boost your revenues:

• Examine the current trends in the contact lens market to evaluate industry prospects
• Analyze the present and future performance in established and emerging markets
• Evaluate market dynamics and expansion opportunities
• Investigate the economic and non-economic factors influencing market segments
• Employ qualitative and quantitative market analysis to enhance data-driven decisions
• Analyze how demand and supply factors influence industry growth at the regional and country level
• Study the market competition as per Porter’s five forces model
• Gain insights to new product launches and growth strategies employed by market players
• Capitalize on comprehensive profiles of major companies operating in the industry

About us: Syndicated Analytics is a market research firm that offers consulting services and provides comprehensive market intelligence in the form of research reports. Our team, consisting of experienced researchers and analysts from diverse industries, is deeply committed to the quality of the information and insights delivered to the clients which range from small and medium enterprises to Fortune 1000 companies. They are able to achieve this by studying the qualitative and quantitative aspects of the market as well as staying up to date with the current and the evolving trends of the industry. Our set of syndicated as well as customized market reports thus help the clients to gain a better view of their competitive landscape, overcome various industry-related challenges and formulate revenue generating business strategies.

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