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Home>Contact Lenses Market Analysis to 2025 by Product Type, Design Type, Usage Type - Research and Markets

Contact Lenses Market Analysis to 2025 by Product Type, Design Type, Usage Type - Research and Markets

Contact Lenses Market Analysis to 2025 by Product Type, Design Type, Usage Type - Research and Markets

10/04/2017

Contact Lenses Market Analysis to 2025 by Product Type, Design Type, Usage Type - Research and Markets

The "Contact Lenses Market Analysis, by Product Type, by Design Type (Spherical, Toric, Multifocal), by Usage Type (Corrective, Therapeutic, Cosmetic, Prosthetic), by Regions and Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.

The global contact lenses market is anticipated to reach USD 17.72 billion by 2025

The rising adoption of contact lenses by consumers and use of innovative materials for manufacturing contact lenses are the key drivers of the market.

The growing aging population and rising tendency of youngsters to enhance their aesthetic appearance are some of the key factors that are expected to drive the demand for contact lenses. The improvement in theoverall economy and the rising disposable income around the globe are additional factors driving the market growth.

The contact lenses market can be categorized, based on products, into Rigid Gas Permeable (RGP) contact lenses, soft contact lenses, and hybrid contact lenses. Soft contact lenses are made up of flexible and soft plastics, such as silicone hydrogel, which provide easy adaptability and enhanced comfort to the eye. They also permit oxygen to pass through the wearer's cornea and are used extensively for ametropia correction.

Thus, the market for soft lenses is anticipated to grow at a faster pace over the forecast period. Further key findings from the report suggest that hybrid contact lens segment is expected to portray the highest growth over the forecast period. Corrective contact lenses are widely used to correct refractive errors and compensate for visual deficiencies such as myopia, hypermetropia/hyperopia, presbyopia, and astigmatism.

The key players in the market are Johnson & Johnson Services, Inc., CIBA Vision (Alcon), CooperVision, Inc., and Bausch & Lomb Incorporated

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