Contact Lenses Market : Industry Outlook, Growth Prospects And Key Opportunities To 2026

1. Contact Lenses Market: Industry Outlook, Growth Prospects And Key Opportunities To 2026 Global Contact Lenses market is anticipated to reach USD 18.9 billion by 2026. Once of the key factor driving the contact lenses market is to enhance aesthetic appearance by using them as fashion accessory particularly, by the youth population. Also, constant development in technology of product materials and given a boost to colored or decorative contact lenses, which is further anticipated to influence the demand. Moreover, the rising incidences of visual imparities such as myopia, presbyopia, hyperopia and astigmatism is propelling the market growth. The World Health Organization, in 2015, estimated that approximately 1.9 billion people across the globe have been affected by myopia and the number is anticipated to be more than 2 billion by 2020. Thus, the demand for contact lenses during the forecast period will experience a growth. The contact lenses manufacturers and vendors are appealed by the high profit margins offered by the contact lenses thus, boosting its manufacturing as well as enhancing the network of distribution. Also, advancements in technology in form of material will provide new opportunities to the manufacturers with time. By type segment, the Rigid Gas Permeable (RGP) Lenses was valued over USD 800 million in 2017 owing to factors including, sharp vision, high oxygen permeability, cost-effectiveness in the long run, and durability. Request Sample Copy of this Market@ https://www.alexareports.com/report-sample/10007 The contact lenses market by usage type is segmented into Corrective, Therapeutic, Cosmetic, Prosthetic, and Lifestyle-oriented. The corrective lenses usage segment is currently growing at a CAGR of more than 6.2%. The demand is attributed to its various applications. Whereas, cosmetic lenses segment is expected to witness high growth during the forecast period. On the basis of design, the hybrid lens segment is anticipated to experience a noteworthy growth as it is a combination of both soft lenses and rigid gas permeable lenses. Thus, it provides comfort of soft lenses coupled with the visual clarity offered by rigid gas permeable lenses. The growth of hybrid lenses segment is expected to propel with the increased demand from people with

2. keratoconus and astigmatism conditions. The North America market holds the largest share owing to presence of better eye care treatment facilities as increasing elderly population. Although, the Asia Pacific market is expected to bolster with a high CAGR attributed to the increased awareness regarding contact lenses among the population as well as their increasing ability for healthcare spending. The study objectives are: We will give you an assessment of the extent to which the market possesses commercial characteristics (such as the presence of firms with primarily non- government business bases, the presence of business methods not consistent with public law/regulation/oversight including government acquisition) along with examples or instances of information that supports your assessment. We will also help you identify standard/customary terms and conditions such as discounts, warranties, buyer financing, inspection, and acceptance for the Contact Lenses market industry. We will further help you in knowing any pricing issues, price ranges, and analysis of price variations of products in gene therapy market industry. Furthermore, we will help you in identifying any historical trends to predict Contact Lenses market growth rate up to 2026. Lastly, we will predict the general tendency for supply and demand in the Contact Lenses market industries. Buying@ https://www.alexareports.com/send-an-enquiry/10007 The key strategies adopted by the market players include long-term partnerships among the other players in supply chain particularly, distributors and suppliers with an aim to increase their geographical footprint. For instance, in 2016, Vision Direct Group Ltd. was acquired by Essilor International S.A. for the enhancement of its online retailing business presence. Major industry players include Alcon Laboratories, Inc., Abbott Medical Optics, Inc., Bausch + Lomb, Incorporated, Carl Zeiss AG, CooperVision, Inc., Contamac U.S., Inc., Hoya Corporation, Essilor International S.A., Medennium and Johnson & Johnson Vision Care, Inc. among others. Table of Contents: 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions 1.3. Research Methodology 1.3.1. Primary data sources 1.3.2. Secondary data sources 1.4. Key take-aways

3. 1.5. Stakeholders 2. Executive Summary 2.1. Market Definition 2.2. Market Segmentation 3. Contact Lenses Market Insights 3.1. Contact Lenses – Industry snapshot 3.2. Contact Lenses - Ecosystem analysis 3.3. Contact Lenses market dynamics 3.3.1. Contact Lenses – Market Forces 3.3.1.1. Contact Lenses Market driver analysis 3.3.1.2. Contact Lenses Market restraint/challenges analysis 3.3.1.3. Contact Lenses Market opportunity analysis 3.3.2. Industry analysis - Porter's five force 3.3.2.1. Bargaining power of supplier 3.3.2.2. Bargaining power of buyer 3.3.2.3. Threat of substitute 3.3.2.4. Threat of new entrant 3.3.2.5. Degree of competition 3.3.3. Contact Lenses market PEST analysis, 2017 3.3.4. Value Chain Analysis 3.3.5. Contact Lenses Industry trends 3.3.6. Competitive Ranking Analysis 4. Contact Lenses Market Size and Forecast by Product Type 4.1. Key findings 4.2. Rigid Gas Permeable Lens and continue……… Ask For Discount@https://www.alexareports.com/check-discount/10007 About Us: Alexa Reports is a globally celebrated premium market research service provider, with a strong legacy of empowering business with years of experience. We help our clients by implementing decision support system through progressive statistical surveying, in-depth market analysis, and reliable forecast data. Alexa Reports is a globally celebrated premium market research service provider, with a strong legacy of empowering business with years of experience. We help our clients by implementing decision support system through progressive statistical surveying, in- depth market analysis, and reliable forecast data. Contact Us: Alexa Reports Ph no: +1-408-844-4624 / +91- 7030626939 Email: sales@alexareports.com Site: https://www.alexareports.com