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Global Contact Lenses Market 2019-2025

  • ID: 5129631
  • Report
  • May 2020
  • Region: Global
  • Orion Market Research Private Limited

FEATURED COMPANIES

  • Bausch and Lomb, Inc.
  • Contamac Holdings, Ltd.
  • Hoya Corp.
  • Seed Co., Ltd.
  • STAAR Surgical Company
  • UltraVision CLPL
Global Contact Lenses Market Size, Share & Trends Analysis Report by Design (Spherical, Toric, Multifocal, and Others) by Application (Corrective, Therapeutic, Prosthetics, and Cosmetic and Life-Style Oriented) by Material (Conventional Hard Lenses (PMMA), Rigid Gas Permeable, Hydroxyethyl Methacrylate (HEMA) Hydrogel, Silicon Hydrogel, Poly(Vinyl Alcohol) (PVA) Hydrogels, and Other (Fluorosilicone Acrylate)), Forecast Period (2019-2025)
The global contact lenses market is projected to grow at a considerable CAGR during the forecast period (2019-2025). The major factors which contribute to the growth of the market are the increasing number of people with myopia, presbyopia, and astigmatism. The number of people with eye defects is increasing globally due to the increased exposure of eyes to the screens such as TV, personal computers and mobile phones. The blue light emitted from the screens is the major cause of eye disease especially in children below 18 years. According to the WHO World Vision report 2019, there are 2.6 billion people across the globe suffering from Myopia and 1.8 billion people who have presbyopia.

The global contact lenses market is segmented on the basis of design, application, and material. Based on the design market is segmented into spherical, toric, multifocal, and others. Based on application the market is segmented into corrective, therapeutic, prosthetics, and cosmetic, and lifestyle-oriented. The contact lenses market can also be segmented on the basis of material into conventional hard lenses (PMMA), rigid gas permeable, hydroxyethyl methacrylate (HEMA) hydrogel, silicone hydrogel, poly(Vinyl Alcohol) (PVA) hydrogels, and other (fluorosilicone acrylate).

Geographically market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America is anticipated to hold a considerable share in the market. The high investments in the R&D by major market players in the region along with the technological advancements in lens technology and high R&D investments in the eye treatment and health care sector is anticipated to promote market growth. However, Asia-Pacific is anticipated to exhibit a modest CAGR due to the rising number of people switching to contact lens from prescribed spectacles in the region.

Bausch and Lomb Inc., Alcon Vision LLC (A Division of Novartis AG), Carl Zeiss AG, Cooper Vision, Inc., Essilor International S.A., Johnson and Johnson Service, Inc., among others are the key players operating in the global contact lenses market. These companies are expanding their product base by introducing different contact lens technology such as anti-glare, blue-ray protection and more. Moreover, these market players are actively adopting growth strategies such as mergers and acquisitions, partnerships, investment in R&D activities among others to remain competitive in the market.

Research Methodology

The market study of the global contact lenses market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook.

In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.

Secondary Sources Include:
  • Financial reports of companies involved in the market.
  • Whitepapers, research-papers, and news blogs.
  • Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation:

1. Global Contact Lenses Market Research and Analysis by Design
2. Global Contact Lenses Market Research and Analysis by Application
3. Global Contact Lenses Market Research and Analysis by Material

The Report Covers
  • Comprehensive research methodology of the global contact lenses market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global contact lenses market.
  • Insights about market determinants which are stimulating the global contact lenses market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Bausch and Lomb, Inc.
  • Contamac Holdings, Ltd.
  • Hoya Corp.
  • Seed Co., Ltd.
  • STAAR Surgical Company
  • UltraVision CLPL
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography

2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations

3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Alcon Vision LLC (A Division of Novartis AG)
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Bausch and Lomb Inc.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Johnson and Johnson Service, Inc .
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Carl Zeiss AG
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. CooperVision Inc.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments

4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities

5. Market Segmentation
5.1. Global Contact Lenses Market by Design
5.1.1. Spherical
5.1.2. Toric
5.1.3. Multifocal Lens
5.1.4. Other
5.2. Global Contact Lenses Market by Application
5.2.1. Corrective
5.2.2. Therapeutic
5.2.3. Prosthetic
5.2.4. Cosmetic and Life-Style Oriented
5.3. Global Contact Lens Market by Material
5.3.1. Conventional Hard Lenses (PMMA)
5.3.2. Rigid Gas Permeable
5.3.3. Hydroxyethyl Methacrylate (HEMA) Hydrogel
5.3.4. Silicon Hydrogel
5.3.5. Poly(Vinyl Alcohol) (PVA) Hydrogels
5.3.6. Other (Fluorosilicone Acrylate)

6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World

7. Company Profiles
7.1. Alcon Vision LLC (A Division of Novartis AG)
7.2. Bausch and Lomb, Inc.
7.3. Blanchard Contact Lens, Inc.
7.4. Carl Zeiss AG
7.5. Conforma Laboratories, Inc.
7.6. Contamac Holdings, Ltd.
7.7. CooperVision, Inc.
7.8. Essilor International S.A.
7.9. Ginko International Co., Ltd.
7.10. Hoya Corp.
7.11. Johnson and Johnson Service, Inc.
7.12. Menicon Co., Ltd.
7.13. Seed Co., Ltd.
7.14. Sensimed AG
7.15. SynergEyes, Inc.
7.16. St. Shine Optical Co. Ltd.
7.17. STAAR Surgical Company
7.18. UltraVision CLPL
7.19. Vision Path, Inc. (Hubble)
7.20. X-Cel Specialty Contacts
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Alcon Vision LLC (A Division of Novartis AG)
  • Bausch and Lomb, Inc.
  • Blanchard Contact Lens, Inc.
  • Carl Zeiss AG
  • Conforma Laboratories, Inc.
  • Contamac Holdings, Ltd.
  • CooperVision, Inc.
  • Essilor International S.A.
  • Ginko International Co., Ltd.
  • Hoya Corp.
  • Johnson and Johnson Service, Inc.
  • Menicon Co., Ltd.
  • Seed Co., Ltd.
  • Sensimed AG
  • SynergEyes, Inc.
  • St. Shine Optical Co. Ltd.
  • STAAR Surgical Company
  • UltraVision CLPL
  • Vision Path, Inc. (Hubble)
  • X-Cel Specialty Contacts
Note: Product cover images may vary from those shown