LONDON--(BUSINESS WIRE)--Aug 22, 2018--According to the latest market research report released by Technavio, the global contact lens solutions market is expected to accelerate at a CAGR of around 2% during the forecast period. The increased preference for contact lenses over spectacles is one of the key factors triggering the growth of the market.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180822005302/en/

Technavio has published a new market research report on the global contact lens solutions market from 2018-2022. (Graphic: Business Wire)

This research report titled ‘ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time only:

The market research analysis categorizes the global contact lens solutions market into the following regions:

Americas EMEA APAC

In 2017, the Americas led for the highest market share of around 39%. This was due to the presence of developed healthcare infrastructure and government funding for drug development in this region, which encourages the development of contact lens solutions. Besides, the region has also witnessed an increasing number of innovative product launches in countries such as the US and Canada.

Global contact lens solutions market: Top emerging trend

Growing popularity of antimicrobial contact lenses and natural eye highlights is an emerging trend in the contact lens solutions market. Researchers have suggested the introduction of an antimicrobial coating on the surface of contact lenses to minimize the chances of an infection. These antimicrobial lenses are lined with peptide named melamine. Melamine is formed by the body’s own immune system and aids in protecting the eye from various microbes, permitting the use of contact lenses for a longer duration. With the use of antimicrobial contact lenses, only 4 out of 10,000 users are prone to eye infection of any sort. The reduction of chances of eye infection from antimicrobial contact lenses results in an increased demand for the product, thus benefitting the global contact lens solutions market.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio’s report provides expert market research on the following topics:

Executive Report

Market Outline Global Contact Lens Solutions Market Overview

Market Insights

Market Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends

Market Segmentation Analysis

Regional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by distribution channel (retail stores and online stores)

Vendor Landscape

Vendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (Menicon, Novartis, The Cooper Companies, and Valeant)

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20180822005302/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD: UNITED KINGDOM EUROPE

INDUSTRY KEYWORD: HEALTH BIOTECHNOLOGY OPTICAL

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 08/22/2018 06:56 AM/DISC: 08/22/2018 06:56 AM

http://www.businesswire.com/news/home/20180822005302/en