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SAN FRANCISCO , June 16, 2022 /PRNewswire/ -- The global therapeutic contact lenses market size is expected to reach USD 7.08 billion by 2030, registering a CAGR of 7.13% from 2022 to 2030, according to a new report by Grand View Research, Inc. Therapeutic contact lenses can help repair tissue, manage pain, and maintain visual acuity, thereby surging its preference among individuals. Increasing adoption of therapeutic contact lenses among the developing economies after ocular surgery is estimated to surge the demand for therapeutic contact lenses.

Key Insights & Findings from the report:

Read 120-page market research report, "Therapeutic Contact Lenses Market Size, Share & Trends Analysis Report By Product (Soft Lens, Rigid Lens), By Application (Corneal Surgery/Disorders, Post Ocular Surgery, Drug Delivery), By Distribution Channel, And Segment Forecasts, 2022 - 2030", published by Grand View Research.

Therapeutic Contact Lenses Market Growth & Trends

The increasing prevalence of glaucoma is anticipated to surge the demand for therapeutic contact lenses during the forecast period. For instance, as per the WHO, the number of people with glaucoma disorder is projected to rise from 76 million in 2020 to 95 million across the globe by 2030. Several researchers across the countries including China , U.K., and others are focusing on developing therapeutic smart contact lenses that will monitor eye pressure and treat glaucoma.

Therapeutic lenses are used to manage a wide variety of corneal conditions including corneal erosions, corneal epithelial defects, bullous keratopathy, and postsurgical disorders such as post-laser vision correction and post-keratoplasty. Increasing application of therapeutic contact lenses in the treatment of eye disorders is anticipated to foster the overall market growth.

The effects of the ongoing COVID-19 pandemic, as well as the mitigation measures, may continue to have a material adverse impact on the market. In initial 2020, almost every major market began to implement business shutdowns, including clinics of eye care professionals, and the delay of non-urgent surgical ophthalmic procedures, leading to a global economic stoppage. Such activities have caused disruptions to the operations, supply chain, facilities, and associate workforce, hindering the supply chain of medical devices including therapeutic contact lenses.

Therapeutic Contact Lenses Market Segmentation

Grand View Research has segmented the global therapeutic contact lenses market based on product type, application, distribution channel, and region:

Therapeutic Contact Lenses Market - Product Type Outlook (Revenue, USD Million; 2017 - 2030)

Therapeutic Contact Lenses Market - Application Outlook (Revenue, USD Million; 2017 - 2030)

Therapeutic Contact Lenses Market - Distribution Channel Outlook (Revenue, USD Million; 2017 - 2030)

Therapeutic Contact Lenses Market - Regional Outlook (Revenue, USD Million; 2017 - 2030)

List of Key Players in Therapeutic Contact Lenses Market

Check out more related studies published by Grand View Research:

Browse through Grand View Research's Medical Devices Industry Research Reports.

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Web: https://www.grandviewresearch.com Grand View Compass | Astra ESG Solutions Follow Us: LinkedIn | Twitter

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SOURCE Grand View Research, Inc.

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