Transparency Market Research presents a new report on the global soft contact lenses market for the period 2017-2027. The report, titled “Soft Contact Lenses Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2027,” looks into the market dynamics and growth trends to ascertain the growth curve of the said market. The report examines past performance and current scenario based on which revenue projections are presented herein. Using standard analytical tools such as SWOT analysis and Porter’s five forces analysis, an analysis of strengths, weakness, opportunities, and threats of this market over the forecast period is presented herein. Moreover, a review of micro and macro parameters that are useful for existing as well as new entrants is covered in this report. The report is prepared after an extensive research phase and insightful inputs received from opinion leaders. Analysts reached out to industry-centric bodies for data collection purposes.
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Contact lenses are directly worn over the eye surface. Contact lenses are mainly of two types: soft and hard. Developed in 1960s, hard contact lenses include PMMA contacts and are not in much use presently. Soft contact lenses are presently the most used due to their soft nature and ease of use. Contact lenses are worn for correction of myopia, astigmatism, hyperopia, and presbyopia.
Soft contact lenses maintain eye health and are easy to adjust than other type of lenses. Soft contact lenses market presents lucrative opportunities for international as well as local players. Players in this market are developing technologically advanced contact lenses that are easy to use and are infection free.
The soft contact lenses market can be segmented on the basis of type, end user, and geography. In terms of type, the market can be segmented into daily wear contacts, toric contacts, colored contacts, extended wear contacts, decorative contacts, and others.
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In terms of end-user, the market can be segmented into hospital, ophthalmic diagnoses center, e-commerce stores, and others.
The global soft contact lenses market can be divided into the regions of North America, Easternn Europe, Western Europe, Japan, Asia Pacific, and the Middle East and Africa. North America is one of the major markets for soft contact lenses due to a high spending on cosmetic accessories for aesthetic reasons. Asia Pacific and Europe are also leading markets for soft contact lenses as they are home to majority market players.
Some of the leading players in the global soft contact lenses market include Valeant, The Cooper Companies Inc., X-Cel Specialty Contacts, ZEISS, Novartis AG, Johnson & Johnson Services Inc., Bausch & Lomb Incorporated, and Contamac.
