Companies Profiled in Contact Lenses Market are CooperVision, Inc., Johnson & Johnson Vision Care, Inc., Hoya Vision Care Company, Alcon (Division of Novartis AG), Bausch & Lomb Incorporated, BenQ Materials Corporation, ZEISS International, SEED Co. Ltd., Essilor International S.A., and Menicon Co. Ltd.
NEWARK, Del., April 27, 2022 (GLOBE NEWSWIRE) -- The global contact lenses market is set to reach US$ 12.5 Bn in terms of revenues by the end of 2029. A new Future Market Insights (FMI) study reveals that the contact lenses market will see a moderate CAGR over 2029. Soft contact lenses are the most prescribed contact lenses, while toric lens designs are significantly gaining popularity over the recent past. The latter are gaining traction attributing to their properties to correct mixed astigmatism.
Moreover, these lenses are fashionable, serve various purposes owing to their anti-radiation (block UV rays) properties, and abilities to filter dim lights and work on miniature components. Demand for silicone hydrogel contact lenses is also on a constant rise, as they reduce the risk of hypoxia related eye problems.
https://www.futuremarketinsights.com/reports/sample/rep-gb-10714
List Of Key Players Covered in Contact Lenses Market are:
Johnson & Johnson Vision Care, Inc.
Alcon (Division of Novartis AG)
Key Takeaways – Contact Lenses Market
North America is expected to retain its dominant position in the global contact lenses market due to high adoption of contact lenses, high demand for branded products, and frequent new product launches, coupled with significant presence of prominent players in the region.
Soft lenses continue to be top selling, making up nearly 80% of overall sales in the contact lenses market. These lenses are widely prescribed by doctors, user-friendly, and easier to adjust as compared to hard contact lenses.
Increasing usage of therapeutic (drug-eluting) contact lenses for ophthalmic drug delivery is creating a massive window of opportunity in the global contact lenses market. These lenses would be garnering interests with their unique advantages such as extended wear and high bioavailability.
Browse Detailed Summary of Research Report with TOC:
https://www.futuremarketinsights.com/reports/contact-lenses-market
Growing prevalence of myopia among young children and elderly demographic will continue to create significant opportunities for prominent players in the contact lenses market. Daily wear soft contact lenses made of flexible plastic that enables oxygen to pass through the eyes are gathering traction in market. Besides such innovations, online sales will help manufacturers reap sizeable profits in the global market.
Smart Contact Lenses Gaining Traction
Contact lens companies have been introducing novel products in the market, attributable to R&D advancements. Smart contact lenses represent one such innovation that continues to gain popularity worldwide. These lenses do not require surgery and can be inserted or removed by users. Researchers from the Harbin Institute of Technology in China and the University of California San Diego are developing innovative biomimetic smart soft contact lenses that users can zoom in and out by simply blinking.
Know More About Contact Lenses Market Report
Future Market Insights, in its new offering, provides an analysis of the global contact lenses market, presenting historical demand data (2014-2021) and forecast statistics for the period of 2022-2029. The report on the global contact lenses market reveals compelling insights on the basis of product type (soft lenses [daily wear and extended wear] and gas permeable), design type (spherical, toric, multifocal, and others), wear type (disposable and reusable), and sales channel (online [e-Commerce portal and company owned portal] and offline [exclusive stores and multiband stores]), across seven major regions.
Order a Complete Research Report:
https://www.futuremarketinsights.com/checkout/10714
Key Trends Impacting the Market
Future Prospects of Eyewear Industry
Innovative Distribution & Marketing Strategies
The Massive Impact of the Crisis
Countries in action: How have countries been responding?
The Economic Impact of the COVID-19 Outbreak on Developing Asia
Impact of COVID-19 on the Gross Domestic Product of Selected Economies
Current Economic Projection – GDP/GVA and probable impact
Comparison of SAARs and market recovery, comparison to 2008 financial crisis and market recovery and forecast comparison for recovery of COVID 19
Impact of Covid-19 on Manufacturing Industry
Coronavirus Impact on The World of Work
Projected Recovery for Hardest Hit Sectors
Top of Mind Contact Lenses Brands
Speak to our Research Expert:
https://www.futuremarketinsights.com/ask-question/rep-gb-10714
Have a Look at Related Research Reports:
Popcorn Makers Market Overview, Demand, Growth and Forecast 2030
Lunch Boxes & Lunch Bags Market Research Report 2020: Industry Trends, Growth, Forecast 2030
Outdoor Bar Furniture Market Analysis, Demands & Forecast 2030
About Future Market Insights (FMI) Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years. Contact:
Suite 401, Newark, Delaware - 19713, USA
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/contact-lenses-market
The departing executives said he was asked to leave by the CEO, who "wants to take the team in a different direction."
Billionaire Warren Buffet is one of two people in the top ten richest people in the world who has seen his net worth rise since January, according to the Bloomberg Billionaires Index. The CEO of Berkshire Hathaway ( (BRK.A) - Get Berkshire Hathaway Inc. Class A Report, is ranked number five on the index, which is a daily ranking of the world's richest people. The only other billionaire in the top 10 of the Bloomberg list is Gautam Adani, an Indian infrastructure magnate that owns real estate, commodities and power generation and transmission, whose total net worth is $102 billion and his year-to-date performance is a profit of $25.5 billion.
(Bloomberg) -- If the worst-case scenario for Germany hits, BMW AG, Mercedes-Benz AG and Volkswagen AG would struggle to paint their cars and the air across the country would get dirtier.Most Read from BloombergElon Musk Sows Doubt Over His $44 Billion Twitter TakeoverSony PlayStation Staff Fume Over CEO’s Abortion CommentsApple Testing iPhones That Ditch Lightning Ports in Favor of USB-CElon Musk Trolls TwitterUkraine Latest: US Senator Delays Aid Vote; Russia Eyes BorderEurope’s largest econom
Micron could be the cheapest tech stock in the market, based on its price/earnings ratio. Western Digital isn’t far behind.
For his fourth and final "Executive Decision" segment of Thursday's Mad Money program, host Jim Cramer talked to Sanjay Mehrotra, president and CEO at Micron Technology , the semiconductor maker that trades at just five times earnings. Mehrotra repeated that all of Micron's end markets remain very strong, and they're both diversified and secular growers. When asked about slowing cell phone sales in China, Mehrotra reminded investors that while user growth in smartphones is leveling off, the transition to 5G wireless means there are more, and more profitable, chips in each device.
Retirement is a big milestone for many, and planning for retirement can constitute a large financial goal that takes years to reach. In fact, data from the Federal Reserve indicates that the majority of Americans only have $65,000 saved for … Continue reading → The post Approaching Retirement? T. Rowe Price Says You Need This Much Saved Based on Your Income appeared first on SmartAsset Blog.
When looking for the best artificial intelligence stocks to buy, identify companies using AI technology to improve products or gain a strategic edge, such as Google, Microsoft and Nvidia.
55% define retirement as “a new chapter in life.”
As you know, we did release our Q1 results last night, and all of our disclosure materials, including the press release, MD&A, financial statements are available from our website, as well as from SEDAR. Now with me are Sherritt's CEO, Leon Binedell; and Sherritt's CFO, Yasmin Gabriel, who will be reviewing our results in detail.
The national average gas price for regular unleaded at nearly $4.42 per gallon today -- well over $1 more than this time last year, according to gasprices.aaa.com. This week alone, since Monday, May...
(Bloomberg) -- From record gasoline prices to higher airfares to fears of diesel rationing ahead, America’s runaway energy market is disquieting both US travelers and the wider economy. But the chief driver isn’t high crude prices or even the rebound in demand: It’s simply too few refineries turning oil into usable fuels. Most Read from BloombergElon Musk Sows Doubt Over His $44 Billion Twitter TakeoverSony PlayStation Staff Fume Over CEO’s Abortion CommentsApple Testing iPhones That Ditch Light
Gas prices hit record highs on Friday, as consumers are grappling with soaring inflation.
(Bloomberg) -- The market for a key component in the production of gasoline is about to get tighter in Europe -- bad news for motorists already contending with soaring prices for the fuel.Most Read from BloombergSony PlayStation Staff Fume Over CEO’s Abortion CommentsElon Musk Sows Doubt Over His $44 Billion Twitter TakeoverUkraine Latest: US Senator Delays Aid Vote; Russia Eyes BorderTerraform Again Halts Blockchain Behind UST Stablecoin, LunaMore Than $200 Billion Wiped Off Cryptocurrency Mark
A Finnish transmission system operator announced on Friday that a Russian energy company would be cutting off its electricity imports to Finland beginning the next day. Beginning on Saturday at 1 a.m. local time, a subsidiary of Russia’s Inter RAO firm will cut off electricity imports to Finland, Fingrid announced in a press release. “Due…
Alibaba Group Holding Limited's (NYSE: BABA) joint venture in Russia has laid off about 40% of employees, Nikkei Asia reports. It was not clear if there would be more layoffs after some of the laid-off staff chose to leave voluntarily and a few relocated, Reuters reports. Alibaba and Russian partners launched AliExpress Russia joint venture in 2019, which operates domestic and cross-border transactions. Alibaba depends on cross-border sales for more than 75% of its business and has been slower t
Tension has been rising between American, Southwest and their pilot unions. United's contract offers hope for resolutions in those negotiations.
Alibaba Group Holding founder Jack Ma made a rare public appearance at the company's Hangzhou campus on Tuesday, discussing philanthropy and agricultural technology with employees, according to a social media post by China Philanthropy Times. A photo published by the newspaper on its official Weibo account on Wednesday evening showed Ma seated with around 20 other employees in a meeting room. It was only the second public appearance by the Alibaba founder since he returned to China last November
Electric vehicle startup company Rivian has had a tough year. Since its high in November 2021, the stock has been on a downward trajectory.
AliExpress Russia, a joint venture launched in 2019 by Alibaba and Russian partners, operates domestic and cross-border transactions. The company depends on cross-border sales for more than three-quarters of its business and has been slower to benefit from a pandemic-led ecommerce boom as supply chains adjust to new travel curbs.
U.S. drivers seem to be giving electric vehicles another thought as gas prices put them off internal combustion engines for the time being.