Global Corrective Contact Lenses Market 2024-2028
Global Corrective Contact Lenses Market 2024-2028
The corrective contact lenses market is forecasted to grow by USD 3416.3 mn during 2023-2028, accelerating at a CAGR of 5.54% during the forecast period. The report on the corrective contact lenses market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of refractive errors, rising adoption of daily disposable corrective contact lenses, and increasing popularity of silicone hydrogel corrective contact lenses.
Technavio's corrective contact lenses market is segmented as below:
- By Type
- Soft contact lenses
- RGP contact lenses
- Hybrid contact lenses
- By Distribution Channel
- Offline
- Online
- By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the new product launches by market vendors as one of the prime reasons driving the corrective contact lenses market growth during the next few years. Also, increase in acquisitions and partnerships by market vendors and technological advances in corrective contact lenses will lead to sizable demand in the market.
The report on the corrective contact lenses market covers the following areas:
- Corrective contact lenses market sizing
- Corrective contact lenses market forecast
- Corrective contact lenses market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading corrective contact lenses market vendors that include Alcon Inc., Bausch Lomb Corp., Carl Zeiss AG, Conforma Laboratories Inc., Dealskart Online Services Pvt. Ltd., Essilor International SAS, Eyewa, HOYA Vision Care Europe Hoya Holdings N.V, Interojo Inc., Johnson and Johnson Services Inc., Menicon Co. Ltd., SEED Co. Ltd., St. Shine Optical Co. Ltd., STAAR Surgical Co., SynergEyes Inc., The Cooper Companies Inc., Titan Co. Ltd., UltraVision CLPL, Visioneering Technologies Inc., and Warby Parker Inc.. Also, the corrective contact lenses market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.