Consumer Goods / Ophthalmic Lens Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players - Essilor International, Zeiss, CooperVision, GKB Ophthalmics
Ophthalmic Lens Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Essilor International, Zeiss, CooperVision, GKB Ophthalmics
The global Ophthalmic Lens Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.23% during the review period (2022 to 2027)
Ophthalmic Lens Market Overview
An ophthalmic lens is used to correct eyesight in people with vision issue because their eyes’ focal point does not meet the retina. Myopia, hypermetropia/hyperopia, presbyopia, and astigmatism are examples of refractive defects and visual impairments that can be adjusted using ophthalmic lenses. Crown Glass, Flint Glass, Barium Glass, and other materials are used to make these lenses, which enable simple adaptation to the eye and improved comfort. It is regularly used to correct ametropia. These lenses also permit for more oxygen to reach the cornea. By reducing dryness and irritation, an increase in oxygen permeability helps to improve comfort. The main purpose of an optical lens is to rise the object’s effectiveness and accuracy by providing superior optical performance. Microscopy, contact lenses, laser processing, and binocular imaging are just a few of the applications for the optical lens. Myopia and presbyopia sufferers are experiencing a increase in refractive errors, driving increased demand for ophthalmic lenses in India. Poor eating habits and lifestyle choices mostly bring these on. People who spend much time on digital devices like computers, telephones, and other devices are more possible to need spectacle lenses from an ophthalmologist. These are the key factors that have contributed to the ophthalmic lens industry’s rapid expansion. Young people like to wear contact lenses to enhance their overall appearance. As a result, increasing living standards and heightened fashion awareness will help expand the contact lens industry, favorably impacting the ophthalmic lens market growth.
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What are the major Applications, Types and Regions for Ophthalmic Lens Market?
By Type, it is segmented into
ADC Ophthalmic Lens
PC Ophthalmic Lens
PU Ophthalmic Lens
Acrylic Ophthalmic Lens
Epoxy Ophthalmic Lens
Others
By Applications it is segmented into
Corrective Lens
Sunglasses Lens
Intraocular Cataract Lens
Other
Ophthalmic Lens Market Regional Analysis
The South Indian region will lead the India Ophthalmic Lens Market during the forecast period. The Region’s expansion is fueled by an rise in the prevalence of cataracts and other ocular diseases. Furthermore, the rising frequency of visual impairment in the Region and better diagnostic procedures for ocular disorders at in-house laboratories of ophthalmologist clinics and hospitals are propelling market expansion in the Region.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Ophthalmic Lens Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Ophthalmic Lens Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Ophthalmic Lens Market Report Scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 5.23% during the review period (2022 to 2027).
By Type
ADC Ophthalmic Lens
PC Ophthalmic Lens
PU Ophthalmic Lens
Acrylic Ophthalmic Lens
Epoxy Ophthalmic Lens
Others
By Application
Corrective Lens
Sunglasses Lens
Intraocular Cataract Lens
Others
By Companies
Essilor International, Zeiss, CooperVision, GKB Ophthalmics, Hoya Corportion, Novartis AG (Alcon), Shimizu, Rodenstock GmbH, Seiko Optical Products, Nikon, Johnson and Johnson, Valeant Pharmaceuticals (Bausch+Lomb), MingYue, Conant, Wanxin, CHEMI, Hongchen
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
115
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this Ophthalmic Lens Report
Evaluate Ophthalmic Lens market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Ophthalmic Lens market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
FAQ -
What is the study period of this market?
The Ophthalmic Lens Market is studied from 2017 - 2027.
What is the growth rate of Ophthalmic Lens Market?
The Ophthalmic Lens Market is growing at a CAGR of 5.23% over the next 5 years.
What regions does this Ophthalmic Lens Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.