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Contact Lenses & Solutions, 2019 - Global Market Analysis, Trends and Forecasts Through 2016-2024 - ResearchAndMarkets.com

April 2, 2019

DUBLIN--(BUSINESS WIRE)--Apr 2, 2019--The “Contact Lenses and Solutions - Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets.

This report analyzes the worldwide markets in US$ Million by the following Segments:

  • Contact Lenses (Rigid Gas Permeable Lenses, Soft Contact Lenses, & Hybrid Contact Lenses)
  • Contact Lens Care Solutions

The Soft Contact Lens market is further analyzed by the following sub-segments:

  • Spherical Lenses
  • Toric Lenses
  • Multifocals

The report profiles 69 companies including many key and niche players such as:

  • Abbott Medical Optics Inc. (USA)
  • Alcon Inc. (Switzerland)
  • Bausch & Lomb, Inc. (USA)
  • CooperVision Inc. (USA)
  • Ginko International Co. Ltd. (China)
  • St.Shine Optical Co. Ltd. (Taiwan)
  • Johnson & Johnson Vision Care Inc. (USA)

Key Topics Covered

1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations

Data Interpretation & Reporting Level

Quantitative Techniques & Analytics

Product Definitions and Scope of Study

Product Segments

Contact Lenses

Rigid Gas-Permeable Lenses

Soft Contact Lenses

Spherical Lenses

Toric Lenses

Multifocals

Hybrid Contact Lenses

Contact Lens Care Solutions

2. INDUSTRY OVERVIEW

Contact Lenses and Solutions: An Introductory Prelude

Outlook

Developed Regions - The Prime Revenue Contributors

Asia-Pacific & Other Developing Regions Offer High Growth Opportunities

Aesthetics and Improving Functionality Drive Adoption of Contact Lenses

Vision Correction Market and Role of Contact Lenses

Wearer Base for Contact Lenses

Myopia Control - An Expanding Opportunity

Children - A Key Potential Wearer Segment

Daily Disposables - A High Revenue Segment

Adoption of Daily Disposable Contact Lenses Gains Momentum

Rigid Gas Permeables Stay Afloat

Soft Contacts Drive Overall Growth

Torics - the Largest Segment

Multifocals Benefit from Demographic Trends

Silicone Hydrogels Continue to Drive Gains

3. MARKET TRENDS, DRIVERS, & ISSUES

Future Contact Lens Technologies Offer Benefits Extending Beyond Vision Correction

High-tech Contact Lenses to Redefine Market Landscape

Augmented Reality (AR) Contact Lens

Lenses to Measure Eyeball Pressure

Contact Lenses Worn During Sleep

Lenses to Block Harmful UV Rays

Telescopic Contact Lenses

Advanced Contact Lenses to Monitor Glucose Levels

Drug Delivery through Contact Lenses - An Emerging Area of Interest

Contact Lens with Switchable Capability to Address AMD

Contact Lenses to Address Concerns over Excess Digital Device Usage

Water Gradient Contact Lenses - A Novel Development

Addressing the Contact Lens Discomfort

Scleral GP Lenses Continue to Draw Opportunities led by Material Design

Presbyopes - Another Opportunity Market for Scleral Contact Lenses

Craze for Tints Opens New Avenues

Recycling of Contact Lenses - A New Trend

Lens Care Solutions and Trends

Multi-Purpose Solutions Help Market Remain Buoyant

Market Restraints

Major Challenges for Manufacturers

Safety of Contact Lenses: A Major Concern

Competition on Rise from Advanced Vision Correction Technologies

Regulatory Standards

Distribution Dynamics

Direct-to Consumer and Subscription Services Gain Traction

Diversity in Contact Lens Purchasing Patterns

Pure-Play Retailers Challenge Independent Optometry Channels

Online Stores Register Growth

4. MACRO DRIVERS - AN UPDATED REVIEW

Economic Development: A Key Growth Driver

Expanding Population Fuels Demand

Urbanization: A Megatrend with Significant Implications for Contact Lenses Market

Increasing Affluence of the Ballooning Middle Class Population

5. CONTACT LENSES: A REVIEW

Contact Lenses - A Primer

Summary of Major Lens Types

A Historical Snapshot

Developments over the Years

Contact Lenses - Classification

By Modality

By Lens Material

By Function

By Duration of Wear

Types of Contact Lenses - A Detailed Review

Hard Lenses

PMMA Lenses

Rigid Gas-Permeable Lenses

Advantages

Disadvantages

Soft Lenses

Description

Spherical Soft Lenses

Specialty Soft Lenses

Multifocals

Bifocals

Torics

Tinted Lenses

A Focus on Silicone Hydrogel Lenses

Disposable Soft Lenses

Advantages

Disadvantages

Hybrid Contact Lenses

Classification of Contact Lenses by Use

Daily Wear Lenses

Daily Wear Hard Lens

Daily Wear Soft Lens

Daily Wear Hard Gas-Permeable Lens

Extended Wear Lenses

Soft Lenses for Extended Wear

Hard Gas-Permeable Lenses for Extended Wear

Contact Lens Care Solutions

Description

Laxity in Proper Lens Care: Main Cause of Infections

Ocular Disorders Corrected By Contact Lens Use

Myopia

Hyperopia

Astigmatism

Presbyopia

Aphakia

6. COMPETITIVE LANDSCAPE

Contact Lenses: A Consolidated Marketplace

High Entry Barriers

Differentiated Products Offer an Edge

Leading Contact Lens Providers by Region

Soft Contact Lens Offerings of Leading Companies

Players Adopt New Strategies to Gain Share

Contact Lens Solutions

6.1 Focus on Select Global Players

6.2 Product Introductions/Innovations

Bausch + Lomb Expands Parameters for Biotrue ONEday

Alcon Launches AIR OPTIX plus HydraGlyde Multifocal Contact Lenses

HOYA Unveils MyoSmart Lens in Hong Kong and China

Visioneering Technologies Introduces NaturalVue (etafilcon A) Multifocal Day Contact Lenses in Plus Powers

Alcon Rolls Out DAILIES TOTAL1 Water Gradient Contact Lenses

Alcon Launches AIR OPTIX COLORS Gemstone Collection of contact lenses

Johnson & Johnson Vision Launches ACUVUE OASYS Integrated with Transitions Light Intelligent Technology

CooperVision Unveils MyDay Toric Daily Disposable Contact Lenses in the US

Bausch + Lomb Introduces Extended Parameters of Bausch + Lomb ULTRA for Astigmatism Contact Lenses

Bausch + Lomb Introduces the enVista MX60E with StableFlex Technology

BenQ Materials Introduces Miacare Contact Lens

Bausch + Lomb Introduces AQUALOX Contact Lenses

Bausch + Lomb Releases Renu Advanced Formula

Bausch + Lomb Unveils ULTRA for Astigmatism contact lenses

Bausch + Lomb Introduces Biotrue ONEday

6.3 Recent Industry Activity

Bausch + Lomb’s ULTRA Multifocal for Astigmatism Contact Lenses Receives FDA 510 (K) Clearance

Novartis to Spinoff Alcon

Bausch + Lomb Collaborates with Tangible Science

SynergEyes Teams Up with Brien Holden Vision Institute

Johnson & Johnson Vision’s Acuvue Oasys with Transitions Receives US FDA Approval

Bausch + Lomb Enters into Agreement with IDOC

Johnson & Johnson Vision Acquires Sightbox

Johnson & Johnson Acquires Abbott Medical Optics

SynergEyes Enters into Partnership with Menicon

7. GLOBAL MARKET PERSPECTIVE

Total Companies Profiled: 69 (including Divisions/Subsidiaries - 78)

  • The United States (35)
  • Canada (2)
  • Japan (4)
  • Europe (22)
    • France (1)
    • Germany (1)
    • Italy (2)
    • The United Kingdom (11)
    • Spain (2)
    • Rest of Europe (5)
  • Asia-Pacific (Excluding Japan) (15)

For more information about this report visit https://www.researchandmarkets.com/research/kmpt54/contact_lenses?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190402005503/en/

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Related Topics:Optical ,Eye Care and Eyewear

KEYWORD:

INDUSTRY KEYWORD: HEALTH OPTICAL

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 04/02/2019 05:43 AM/DISC: 04/02/2019 05:43 AM

http://www.businesswire.com/news/home/20190402005503/en