TechNavio today launched its report Global Contact Lens Market 2012-2016 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”The Global Contact Lens Market is expected to grow rapidly during the forecast period. This is mainly because of the presence of certain emerging trends in the market. One of the key trends is the increasing awareness among patients about the use of contact lenses to correct eyesight disorders. Awareness programs are conducted by various governments, non-governmental organizations, and vendors. For instance,”VISION 2020: The right to sight” is a joint program of WHO and the International Agency for the Prevention of Blindness. It was conducted on a global scale to boost awareness among the general population and, consequently, increased the demand for vision care devices. Thus, the rising awareness in developing countries has increased the adoption of contact lenses.”
According to the report, the increasing use of contact lenses as a fashion statement is a major factor driving the Contact Lens Market. There is an emerging trend among teenagers as well as adults to wear fashionable and colored contact lenses. To capitalize on this demand, vendors are developing various types of colored contact lenses with additional features such as a teardrop effect and lenses that can project three shades of color. Further, the development of a special type of contact lens that can make a person’s eyes look bigger and shinier has attracted a lot of attention.
Further, the report discusses the physical side effects caused by contact lenses which can be allergic reactions such as watery red eyes, infection, decreased vision, pain in the eye, redness in the eye, corneal infection, corneal abrasion, and blindness. Such factors are hampering the acceptance of advanced contact lenses. This is posing a challenge to the growth of the Global Contact Lens market.
The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this market space are Johnson and Johnson Vision Care Inc., Alcon Inc., CooperVision Inc., and Bausch and Lomb Inc.. The other vendors mentioned in the report are Abbott Medical Optics Inc., Essilor International SA, Carl Zeiss AG, Hoya Corp., All Pro Intraculor Lens Co. Ltd., Hydrogel Vision Corp., IRIDEX Corp., GKB Rx Lens Pvt. Ltd., Medennium Inc., SynergEyes Inc., Wesley Jessen Visioncare Inc.
The 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. For further information on this report, please visit https://www.technavio.com/content/global-contact-lens-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Healthcare market research, please visit https://www.technavio.com/healthcare
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TechNavio Announces the Publication of its Research report “ Global Contact Lens Market 2012-2016
