Global Smart Contact Lens Market - Industry Trends and Forecast to 2030
The global smart contact lens market is projected to register a substantial CAGR of 12.6% in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market Segmentation
Global Smart Contact Lens Market, By Design (Micro-LED Display Contact Lens, Diagnostic Sensor Integrated Contact Lens, Photodetector Contact Lens, Drug Eluding Contact Lenses, Electrochemical Contact Lens Sensors, Light Diffractive Contact Lenses, Fluorescence-Based Contact Lenses, and Others) Material (Poly (2-Hydroxyethyl Methacrylate) (PHEMA), Polyvinyl Alcohol (PVA), Polyacrylamide (PA), Polyethylene Terephthalate (PET), Polydimethylsiloxane (PDMS), and Others), Application (Monitoring, Therapeutics, and Other Application), Usability (Single Use, Extended Use), Technology (Fluorescence-Based Sensing Technology, Holographic Sensing Technology, Colorimetric Based Sensing Technology, Electrochemical-Based Technologies, and Others), Population Type (Pediatric, Adult, and Geriatric), End User (Eye Hospital, Ophthalmology Clinics, Homecare Settings, and others), Distribution Channel (Retail stores, Online Stores, Eye Care Practitioners, and Others), Country (U.S., Germany, U.K., Italy, Spain, Switzerland, Poland, Austria, and Japan) Industry Trends and Forecast to 2030
Some of the major factors contributing to the growth of the global smart contact lens market are:
• Growing prevalence of eye disorders
• Increased consumer awareness for smart contact lens
Market Players
Some of the key market players in the global smart contact lens market are listed below:
• Sensimed AG,
• GlakoLens Biyomedikal Biyoteknoloji San. ve Tic. A.Ş.
• Innovega Inc.
• InWith Corp
• SAMSUNG
• e-Vision Smart Optics, Inc.
• Mediprint
• RaayonNova
• Azalea Vision
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- 1 Introduction
- 1.1 Objectives Of The Study
- 1.2 Market Definition
- 1.3 Overview Of The Global Smart Contact Lens Market
- 1.4 Limitations
- 1.5 Markets Covered
- 2 Market Segmentation
- 2.1 Markets Covered
- 2.2 Geographical Scope
- 2.3 Years Considered For The Study
- 2.4 Currency And Pricing
- 2.5 Dbmr Tripod Data Validation Model
- 2.6 Multivariate Modelling
- 2.7 Design Lifeline Curve
- 2.8 Primary Interviews With Key Opinion Leaders
- 2.9 Dbmr Market Position Grid
- 2.10 Market Application Coverage Grid
- 2.11 Secondary Sources
- 2.12 Assumptions
- 3 Executive Summary
- 4 Premium Insights
- 4.1 Porter’s Five Forces
- 4.2 Pestel Analysis
- 4.3 List Of Terminated/Paused Pipeline Projects
- 4.4 Patent Analysis
- 4.5 Pipeline Analysis For The Global Smart Contact Lens Market
- 4.6 Industry Insight
- 5 Global Smart Contact Lens Market: Regulations
- 6 Market Overview
- 6.1 Drivers
- 6.1.1 Increase In Prevalence Of Refractive Error
- 6.1.2 Rising Cases Of Diabetic Retinopathy
- 6.1.3 Increasing R&D Activities By Key Market Players For Smart Contact Lens
- 6.1.4 Rise In The Prevalence Of Eye Disorder
- 6.2 Restraints
- 6.2.1 Increasing Side Effects Associated With Contact Lenses
- 6.2.2 Growing Acceptance Of Refractive Surgeries
- 6.3 Opportunities
- 6.3.1 Technological Advancements In Contact Lenses
- 6.3.2 Increasing Preference For Contact Lenses Instead Of Eyeglasses
- 6.4 Challenges
- 6.4.1 Safety Concerns Associated With The Use Of Contact Lenses
- 6.4.2 Strict Regulations And Standards For Approval Of Contact Lenses
- 7 Global Smart Contact Lens Market, By Design
- 7.1 Overview
- 7.2 Micro Led Display Contact Lens
- 7.3 Diagnostic Sensor Integrated Contact Lens
- 7.4 Photodetector Contact Lenses
- 7.5 Drug Eluding Contact Lenses
- 7.6 Electrochemical Contact Lens Sensors
- 7.7 Light Diffractive Contact Lenses
- 7.8 Fluorescence-based Contact Lenses
- 7.9 Others
- 8 Global Smart Contact Lens Market, By Material
- 8.1 Overview
- 8.2 Poly (2-hydroxyethyl Methacrylate) (Phema)
- 8.3 Polyvinyl Alcohol (Pva)
- 8.4 Polyacrylamide (Pa)
- 8.5 Polyethylene Terephthalate (Pet)
- 8.6 Polydimethylsiloxane (Pdms)
- 8.7 Other
- 9 Global Smart Contact Lens Market, By Application
- 9.1 Overview
- 9.2 Monitoring
- 9.2.1 Eye Pressure Monitoring
- 9.2.2 Glucose Levels Monitoring
- 9.3 Therapeutics
- 9.3.1 Allergy Relief
- 9.3.2 Corneal Injury
- 9.3.3 Eye Injuries
- 9.3.4 Other
- 9.4 Other Application
- 9.4.1 Farsightedness
- 9.4.2 Augmented Reality (Ar/Vr)
- 9.4.3 Night Vision
- 9.4.4 Others
- 10 Global Smart Contact Lens Market, By Usability
- 10.1 Overview
- 10.2 Single Use
- 10.3 Extended Use
- 11 Global Smart Contact Lens Market, By Technology
- 11.1 Overview
- 11.2 Fluorescence-based Sensing Technology
- 11.3 Holographic Sensing Technology
- 11.4 Colorimetric Based Sensing Technology
- 11.5 Electrochemical-based Technologies
- 11.6 Other
- 12 Global Smart Contact Lens Market, By Population
- 12.1 Overview
- 12.2 Geriatric
- 12.3 Adult
- 12.4 Pediatric
- 13 Global Smart Contact Lens Market, By End User
- 13.1 Overview
- 13.2 Eye Hospital
- 13.3 Ophthalmology Clinics
- 13.4 Homecare Setting
- 13.5 Others
- 14 Global Smart Contact Lens Market, By Distribution Channel
- 14.1 Overview
- 14.2 Retail Stores
- 14.2.1 Pharmacies
- 14.2.2 Independent Brand Showrooms
- 14.2.3 Others
- 14.3 Online Stores
- 14.3.1 E-commerce Websites
- 14.3.2 Company-owned Websites
- 14.4 Eye Care Practitioners
- 14.5 Others
- 15 Global Smart Contact Lens Market, By Region
- 15.1 Overview
- 15.2 North America
- 15.2.1 U.S
- 15.3 Europe
- 15.3.1 Germany
- 15.3.2 U.K.
- 15.3.3 Italy
- 15.3.4 Spain
- 15.3.5 Switzerland
- 15.3.6 Poland
- 15.3.7 Austria
- 15.4 Asia-pacific
- 15.4.1 Japan
- 16 Swot Analysis
- 17 Company Profile
- 17.1 Sensimed Ag
- 17.1.1 Company Snapshot
- 17.1.2 Product Portfolio
- 17.1.3 Recent Development
- 17.2 Azalea Vision
- 17.2.1 Company Snapshot
- 17.2.2 Product Portfolio
- 17.2.3 Recent Developments
- 17.3 E-vision Smart Optics, Inc.
- 17.3.1 Company Snapshot
- 17.3.2 Product Portfolio
- 17.3.3 Recent Development
- 17.4 Glakolens Biyomedikal Biyoteknoloji San. Ve Tic. A.Ş.
- 17.4.1 Company Snapshot
- 17.4.2 Pipeline Portfolio
- 17.4.3 Recent Developments
- 17.5 Innovega Inc.
- 17.5.1 Company Snapshot
- 17.5.2 Pipeline Portfolio
- 17.5.3 Recent Developments
- 17.6 Inwith Corp
- 17.6.1 Company Snapshot
- 17.6.2 Pipeline Portfolio
- 17.6.3 Recent Development
- 17.7 Mediprint
- 17.7.1 Company Snapshot
- 17.7.2 Product Portfolio
- 17.7.3 Recent Developments
- 17.8 Raayonnova
- 17.8.1 Company Snapshot
- 17.8.2 Product Portfolio
- 17.8.3 Recent Developments
- 17.9 Samsung
- 17.9.1 Company Snapshot
- 17.9.2 Revenue Analysis
- 17.9.3 Product Portfolio
- 17.9.4 Recent Development
- 18 Questionnaire
- 19 Related Reports 207
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