Global Therapeutics Contact Lens Market Analysis, Application, and Forecast to 2027


Posted July 18, 2022 by KarthikPilla

Contact lenses are safer and can provide effective vision correction compared to traditional eyewear.
 
Bharat Book Bureau Provides the Trending Market Research Report on “Global Therapeutics Contact Lens Market, By Material Type (Balafilcon, Lotrafilcon, Methafilcon, Senofilcon, Others), By Application (Pain Relief, Corneal Healing, Sealing & Protection, Drug Delivery, Others), By Distribution Channel (Optical Retail Stores, Online, Hospitals & Clinics), By Region, Competition Forecast & Opportunities, 2027” under Life Sciences Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence, and Market reports.

The global Therapeutics Contact Lens Market is expected to grow at a steady CAGR of 12.10% to reach USD5788.23 million by 2027 on the back of the rise in the number of eye treatment surgeries happening across the globe. Also, the increased prevalence of myopia and other eye disorders and the growing use of advanced technologies for eye treatment are other prominent factors driving the global therapeutics contact lens market.
Contact lenses are safer and can provide effective vision correction compared to traditional eyewear. The governments of several countries are investing heavily to develop the healthcare sector and emphasize the importance of vision care. They are launching awareness camps and campaigns to increase the awareness in the people about advanced eye care. Also, an increase in the number of myopia and other eye disorders is expected to create significant opportunities for the global therapeutics contact lens market in the forecast period.
The global therapeutics contact lens market is segmented into material type, application, distribution channel, regional distribution, and competitive landscape. Based on material type, the market is divided into balafilcon, lotrafilcon, methafilcon, senofilcon, and others. The senofilcon material dominated the market in 2021 and accounted for 43.71% of the overall market share. This segment is expected to maintain its dominance throughout the forecast period. Senofilcon keeps the eye white and healthy and provides more relief for ocular discomfort.

Some of the key players operating in the global therapeutics contact lens market are Johnson & Johnson, Alcon, Inc, Bausch Health Companies, Inc, EssilorLuxottica S.A., Carl Zeiss Meditec AG, SynergEyes Inc., X-Cel Specialty Contacts., CooperVision, Inc., Hoya Corporation., SEED Co., Ltd, among others.

Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2027

Objective of the Study:
•To analyze the historical growth in the market size of the global therapeutics contact lens market from 2017 to 2021.
•To estimate and forecast the market size of the global therapeutics contact lens market from 2022E to 2027F and growth rate until 2027F.
•To classify the global therapeutics contact lens market based on material type, application, distribution channel, regional distribution, and competitive landscape.
•To identify drivers and challenges for the global therapeutics contact lens market.
•To examine competitive developments such as expansions, new product launches, mergers, and acquisitions, etc., in the global therapeutics contact lens market.
•To conduct pricing analysis for the global therapeutics contact lens market.
•To identify and analyze the profile of leading players operating in global therapeutics contact lens market.

Our research performed both primary as well as exhaustive secondary research for this study. Initially, our research sourced a list of leading therapeutics contact lens manufacturers across the globe. Subsequently, our research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, our research could include the therapeutics contact lens manufacturers which could not be identified due to the limitations of secondary research. Our research analyzed the therapeutics contact lens manufacturers, distribution channels and presence of all major players operating in the global therapeutics contact lens market all over the world.

Our research calculated the global therapeutics contact lens market size using a bottom-up approach, where data for various regions was recorded and forecasted for the future years. Our research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by our research.

Key Target Audience:
•Therapeutics contact lens manufacturers/ suppliers/ distributors
•Government bodies such as regulating authorities and policy makers
•Organizations, forums, and alliances related to therapeutics contact lens
•Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as therapeutics contact lens manufacturers, suppliers, distributors, and other stakeholders. The report would enable the stakeholders in strategizing investments and capitalizing on emerging market opportunities.

Report Scope:
In this report, global therapeutics contact lens market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
•Therapeutics Contact Lens Market, By Material Type:
oSenofilcon
oBalafilcon
oLotrafilcon
oMethafilcon
o Others
•Therapeutics Contact Lens Market, By Application:
oDrug Delivery
oCorneal Healing
oPain Relief
oSealing & Protection
oOthers
•Therapeutics Contact Lens Market, By Distribution Channel:
oHospitals & Clinics
oOnline
oOptical Retail Stores
•Therapeutics Contact Lens Market, By Region:
oNorth America
§United States
§Canada
§Mexico
oEurope
§United Kingdom
§France
§Russia
§Germany
§Italy
oAsia Pacific
§Japan
§China
§Australia
§India
§South Korea
§Vietnam
§Indonesia
oSouth America
§Brazil
§Argentina
§Colombia
§Chile
oMiddle East & Africa
§South Africa
§Saudi Arabia
§Turkey
§Egypt
§Iran
§UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global therapeutics contact lens market.

Available Customizations:
With the given market data, our research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
•Detailed analysis and profiling of additional market players (up to five).

Browse our full report with Table of Content :

https://www.bharatbook.com/report/1346317/global-therapeutics-contact-lens-market-by-material-type-balafilcon-lotrafilcon-methafilcon-senofilcon-others-by-application-pain-relief-corneal-healing-sealing-protection-drug-delivery-others-by-distribution-channel-optical-retail-stores-online-hospitals-clinics-by-region-competition-forecast-opportunities

 

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Tags life sciences market research report , therapeutics contact lens market by distribution channel , therapeutics contact lens market by product , therapeutics contact lens market by region , therapeutics contact lens market forecast , therapeutics contact lens market report , therapeutics contact lens market research report , therapeutics contact lens market
Last Updated July 18, 2022