Anti-Blue Ray Myopia Lenses Market By Type (Single, Bifocal, Trifocal, Others), By Distribution Channel (Retail Stores, Hospital and Clinics, E-Commerce Platforms): Global Opportunity Analysis and Industry Forecast, 2021-2030
The global anti-blue ray myopia lenses market is envisioned to garner $5,361.10 million by 2030, growing from $2,280.80 million in 2021, at a CAGR of 7.6% from 2021 to 2030.
The significant increase in refractive errors, age-related macular degeneration, cataracts, and eye dryness among individuals is largely responsible for the massive rise of the global market for anti-blue ray myopia lenses. More than 65% of Americans who use smart phones, computers, and LED screens are reportedly harmed by blue light, according to the Vision Council of America. Blue lighting dries up the eyes, throws off the circadian rhythm, and interferes with sleeping. These kinds of illnesses are encouraging consumers to use anti-blue ray glasses, which is boosting market growth.
High cost of anti-blue ray myopia lenses to restraint the market growth. Anti-blue lenses are costlier compared to other lenses. The average price of non-anti-blue ray myopia lenses is USD 17, while the average price of normal myopia lenses is USD 8. Therefore, rising prices could have a detrimental effect on the market's expansion during the forecasted time.
Due to people's increasing desire to purchase high-quality items for their eye protection, the market for anti-blue ray myopia lenses is expanding extremely quickly on a global scale. According to current market trends, people all around the world want designer and fashionable spectacles. A study published in the Investigative Ophthalmology and Visual Science journal, in 2019, found that myopia, an eye ailment that causes people to have trouble seeing distant things clearly, affects 32% of the world's population and is expected to affect up to 60% of people by the year 2050. Increasing number of people affected by myopia is expected to raise the adoption of anti-blue ray myopia lenses, which may further lead to lucrative market opportunities for key players in the upcoming years.
The anti-blue ray myopia lenses market had substantial development despite the coronavirus epidemic having a severe impact on several industries. The majority of people stayed glued to their televisions, smartphones, laptops, and digital screens the entire time the cities were in lockdown. The need for anti-blue ray lenses increased as a result of people being exposed to blue light for longer periods of time, which negatively impacted the majority of people's eye health. Due to increased screen usage during the pandemic, people experienced problems including eye strain and dryness from too much exposure to blue lights. This resulted in a sharp increase in demand for anti-blue ray lenses.
The key players profiled in this anti-blue ray myopia lenses market report include Essilor, HOYA GROUP, RODENSTOCK GMBH, ZEISS, Seiko, Chemiglas Corp., Nikon, Shamir Optical Industry Ltd, Mingyue Glasses Co., Ltd., and Shanghai Conant Optics Co., Ltd.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the anti-blue ray myopia lenses market analysis from 2021 to 2030 to identify the prevailing anti-blue ray myopia lenses market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the anti-blue ray myopia lenses market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global anti-blue ray myopia lenses market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Single
Bifocal
Trifocal
Others
By Distribution Channel
Retail Stores
Hospital and Clinics
E-Commerce Platforms
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest Of Asia Pacific
LAMEA
Brazil
Saudi Arabia
UAE
South Africa
Rest of LAMEA
Key Market Players
HOYA GROUP
essilor
rodenstock gmbh
zeiss group
seiko optical products, inc.
Chemiglas Corp.
Nikon
Shamir Optical Industry Ltd.
Mingyue Glasses Co., Ltd.
Shanghai Conant Optics Co., Ltd.
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