Contact Lens Market Growth Forecast at 10.43% CAGR to 2019
Pune, India, September 22, 2015 /PRNewswire/ --
Global Contact Lens Market 2015-2019 research report segments the industry into soft lens, RPG lens and hybrid lens while considering revenue generated through the sales of contact lenses to calculate the global market size.
Complete report on contact lens market spread across 70 pages, analyzing 5 major companies and supported with 42 data exhibits is now available at http://www.reportsnreports.com/reports/425052-global-contact-lens-market-2015-2019.html .
Contact lens market companies like Alcon Inc., Bausch & Lomb, Cooper Vision, Essilor, Johnson & Johnson, All Pro Intraocular Lens, Allied Medical, Blanchard, Carl Zeiss, Conforma, Contamac U.S., Eagle Optics, GKB, Hoya, Hydrogel Vision, Iridex, Medennium, Medicure Instruments, Nidek, Synergeyes, Wesley Jessen, and X-CEL Contacts are mentioned in this latest research. Commenting on the 2015 contact lens market report, an analyst said: "Scientists are developing antimicrobial lenses to prevent the risk of infection involved with the long-term usage of contact lenses. These antimicrobial lenses are lined with a peptide, melimine. Melimine is produced by the body's own immune system and protects the eye from various microbes, enabling the use of contact lenses for a long duration."
According to the report, the increased prevalence of eye disorders is one of the major drivers of contact lens market. Lifestyle changes, including the rising use of electronic devices, have resulted in an increase in eye disorders, especially among the youth. Convenience is another factor. Contact lenses are preferred over eyeglasses for comfort and convenience. Further, the report states that a few factors could drag down the market's growth. Product recalls will have a negative impact on contact lens market. Another challenge is the availability of alternative treatment methods such as refractive surgery. Refractive surgery reshapes the retina and reduces a person's dependency on contact lenses.
The Global Contact Lens Market 2015-2019 study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Order a copy of this new contact lens market research at http://www.reportsnreports.com/Purchase.aspx?name=425052 .
The global contact lens market is one of the fastest growing ophthalmology markets. The Americas account for the largest share of the market, followed by Europe and APAC. Although the majority of market growth comes from the corrective lens segment, the therapeutic lens and cosmetic lens segments are expected to make a significant contribution to the overall revenue in the near future, especially in developing countries such as China and India.
Questions on contact lens market like what will the market size be in 2019 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in contact lens market space and what is their portfolio matrix? What are the market opportunities and threats faced by the key vendors? What is the competitive landscape as characterized by geography? What are the strengths and weaknesses of the key contact lens market vendors? are answered through this report.
On similar lines, another research titled Contact Lenses World Report covers products under contact lenses: conventional (hard) and soft. Information on all significant products of contact lens market is covered for over 200 countries spread across 2178 pages, 9724 spreadsheets, 9796 database tables as well as 530 diagrams & maps. Consumption information is given at industry / distribution channel / service or product line level. This Database Covers NAICS Code: P38516_M. Products/Services Classified By 5-Digit US Commerce Department Code and then Defined by Each 6 to 10-Digit Product Codes. Data is provided for historic period of 1997- 2015, current time series of 2016- 2023 and long term projections for 2023-2028. Complete worldwide contact lenses market report with more information is available at http://www.reportsnreports.com/reports/377524-contact-lenses-world-report.html .
Explore more reports on the consumer goods market at http://www.reportsnreports.com/market-research/consumer-goods/ .
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