Single Use Contact Lenses Market Size, Share, Future Road-map, Technological Innovations & Growth Forecast To 2027
Single Use Contact Lenses Market: Segmentation
The soft contact lenses are preferred more over the rigid gas permeable lenses as they are easy to handle made up of soft and flexible plastics which permits oxygen to pass through the cornea.
Single Use Contact Lenses Market: Overview
The single-use contact lenses market is expected to grow at healthy CGAR as U.S. Centers for Disease Control, and Prevention estimated that contact lens wearers are 40.9 million in the United States age 18 years and older, which is 16.7% of the U.S. adult population. Globally, approximately 282 million people suffer from visually impaired disorders, and about 80% of these people can be treated if they take preventive actions.
The use of single contact lenses is effective option for the treatment of these visually impaired diseases like ophthalmic diseases and disorders. Enhanced features of disposable contact lenses like an increase in water content in silicon hydrogel lenses have introduced high levels of comfort and surface lubricity. These innovation coupled with health benefits and greater convenience will continue to pull contact lens market to a single-use contact lens, and single-use contact lenses market will share over 80% of worldwide contact lens market by 2020.
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Single Use Contact Lenses Market: Region-wise Outlook
Globally, North America has the largest share in Single use contact lens market due to increase in ophthalmological patients and the rise in ophthalmic issues among the adults which have led to the increase in demands for contact lenses and well-built health care infrastructure. Europe shares the second largest market in single-use contact lenses and will show lucrative growth due to advancement in contact lenses technologies and rise in government funding for ophthalmic care.
Asia Pacific and the Middle East is expected to expand at considerable CAGR in forecast period due to high population base, rise in disposable income, increase in health care awareness by educating the masses about the proper usage of single-use contact lenses as well as penetration of modern technology in contact lenses. Also, investments being made by major vendors in these regions will propel the growth of the single use contact lenses market.
Single Use Contact Lenses Market: Key Market Participants
- Abbott Medical Optics, Inc.
- Alcon Inc.
- Bausch & Lomb
- CIBA Vision Corporation
- Contact Lens Portfolio
- Cooper Vision Inc.
- Johnson and Johnson
- Lens Care portfolio
- Novartis International AG
CIBA Vision Corporation
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- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
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The regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
- The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
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For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-3561Single Use Contact Lenses Market: Segmentation
The single-use contact lenses market is segmented by material type, product type, and distribution channel.
By material type
- Soft contact lenses
- Gas permeable lenses
By product type
- Sphere lenses
- Toric lenses
- Multifocal lenses
By distribution channel
- Hospital pharmacy
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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