London, 03 December 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Photochromic Lenses Market 2015-2019, which is expected to grow at a CAGR of 7.64 percent during the forecast period of 2014-2019.
“With an increase in global warming and air pollution, there has been a concomitant increase in eye diseases such as cataracts, dry eye pterygium, and vernal keratoconjunctivities,” says Faisal Ghaus, Vice President of TechNavio.
“Various types of photochromic lenses are available in the market today. Prompt usage of these lenses would prevent the occurrence of some of these critical eye diseases.”
Key Market Drivers
- Technological Innovations in Photochromic Lenses
- Better Marketing and Promotion Strategies
- Growing Awareness on UV Exposure
- Growing Population
Key Market Trends
- High Sensitivity to Economic Cycles
- Increasing Disposable Income
- Risks vis-à-vis Fluctuations in Currency
- Improved Perception of Photochromic Lenses among Consumers
Key Market Vendors
- Carl Zeiss AG
- Corning Inc.
- Essilor International (Transitions Optical)
- Rodenstock GmbH
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
