Contact lenses are the medical devices that are thin, curved lens placed on the film of tears, which covers the surface of the eye. It is naturally clear but is often given a tinge of color which enables easy handling. The contact lens are either hard or soft in texture. The soft contact lens are soft, flexible plastic material which allows to pass through the cornea
Changing aspects of contact lenses market
Increasing eye disorders and increasing number of older population are driving the growth of contact lenses market. In addition to this, factors such as-
• Increasing demand of new and innovative contact lenses
• Adoption of contact lenses over glasses are bolstering the contact lenses market
Though, factors such as eye infection with use of lenses and corneal ulcers with lesser awareness will hamper the growth of contact lenses market.
In 2015, there were more than 30 million people who wear contact lenses, stats based on centers for disease control and prevention (CDC). Among the global market, North America dominates due to increasing cases of eye disorders. With growing awareness among new contact lenses wearer is increasing the demand and market growth of contact lenses. Also, Asia-Pacific market is making its way in the contact lenses market owing increasing numbers of patients.
Market players are entering into long-term partnerships with distributors and suppliers to strengthen their products and making sure the presence is felt in the market.
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Notable market development
Alcon had launched new packaging specific for US, for AIR OPTIX plus HydraGlyde contact lenses in 2018.
In March 2018, Alcon has launched new US-specific packaging for AIR OPTIX plus HydraGlyde contact lenses.
Some of the key market players in the global contact lenses market include-
• Alcon Laboratories (U.S)
• Abbott Medical Optics (U.S)
• CooperVision (U.S)
• Bausch & Lomb (U.S)
• CIBA Vision (U.S)
• Hoya Corp (Japan)
• Carl Zeiss (Germany)
• Johnson & Johnson (U.S)
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The contact lenses market is divided into following categories-
• Soft Lens
• Rigid Gas Permeable (RPG) Lens
• Hybrid Lens
• Daily Disposable
• Weekly Disposable
• Monthly Disposable
• Annual Disposable
• Ophthalmic diagnoses center
By geographical regions
• North America
• Latin America
• The Middle East & Africa
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