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Contact lenses market growth is driven by key factors such as increasing prevalence of eye- and vision-related issues

VANCOUER, BC, CANADA, May 23, 2022 /EINPresswire.com/ -- According to Emergen Research, the global contact lenses market size was USD 7.36 billion in 2020 and is expected to reach USD 11.91 billion in 2028 and register a revenue CAGR of 6.2% during the forecast period, 2021-2028.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞 𝐨𝐧 𝐭𝐡𝐞 𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐋𝐞𝐧𝐬𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐠𝐫𝐨𝐰𝐭𝐡? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐧𝐨𝐰:@ https://www.emergenresearch.com/request-sample/578

Contact lenses offer more comfort and convenience, and increasing consumer affordability due to rising disposable income along with easy availability of a wide range of products, are factors that are expected to continue to support global market growth going ahead.Sportspersons with vision-related issues in current times prefer using contact lenses during sports activities due to better convenience and safety as compared to eyeglasses or externally worn eyewear

Revenue growth of the global contact lenses market is majorly driven by factors such as rise in global geriatric population, changing lifestyles, growing incidence of vision-related disorders such as astigmatism, nearsightedness (myopia), and farsightedness (hyperopia), and increasing prevalence of chronic diseases such as diabetes. Contact lenses, also commonly known as contacts, are thin lenses that are placed on the eyes to provide more clarity to the vision.

Social distancing and restrictions severely disrupted businesses and operations

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Took a toll on economy of various countries

Caused sudden and drastic downturn in economic activity

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Caused loss of employment and financial crisis

In January 2020, Bausch + Lomb expanded its parameters for toric contact lenses. This expansion helped Bausch + Lomb provide the necessary tools for eye care professionals to address unique vision needs of their patients.

Corrective lenses segment accounted for major revenue share in the global market in 2020. This can be attributed to major prevalence of eye disorders and rapidly increasing global geriatric population and rising prevalence of a rage of vision- and sight-related issues.

North America accounted for 32.1% share in the global contact lenses market in 2020. Robust presence of key market player and rising research on ophthalmology is a key factor driving growth of the market in this region.

Johnson & Johnson, Bausch + Lomb, Alcon, Carl Zeiss Meditec AG, HOYA Corporation, The Cooper Companies, Seed Co., Ltd., EssilorLuxottica (France), BenQ Materials Corporation, and Menicon Co., Ltd.

𝐂𝐥𝐢𝐜𝐤 𝐭𝐨 𝐚𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐭𝐮𝐝𝐲, 𝐑𝐞𝐚𝐝 𝐤𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐋𝐨𝐨𝐤 𝐚𝐭 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐓𝐫𝐞𝐧𝐝𝐬 @ https://www.emergenresearch.com/industry-report/contact-lenses-market

The report offers these individuals a vivid description of the competitive spectrum of the global Contact Lenses Market The study audits various winning strategies adopted by the market leaders to maintain the competitive edge worldwide. This adds more clarity to the research. Resource charts, tables and graphical images are included to make decisive statistics self-explanatory.

Emergen Research has segmented the global Contact Lenses Market Are :

For the purpose of this report, Emergen Research has segmented the global contact lenses market based on usage, design, material, application, marketing channel, and region:

Usage Outlook (Revenue: USD Billion; 2018–2028) Daily Wear Disposable Reusable Extended Wear Traditional lenses Design Outlook (Revenue: USD Billion; 2018–2028) Monovision Spherical Toric Multifocal Material Outlook (Revenue: USD Billion; 2018–2028) Hybrid Silicone Hydrogel Rigid Gas Permeable PMMA

The Contact Lenses Market report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.

North America (USA and Canada) Europe (UK, Germany, France and the rest of Europe) Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region) Latin America (Brazil, Mexico, and the rest of Latin America) Middle East and Africa (GCC and rest of the Middle East and Africa) Direct Purchase Report @ https://www.emergenresearch.com/select-license/578

What was the market size 2022?

What will be the market forecast till 2028, and what will be the market forecast in the current year?

Which segment or region will drive the market growth and why?

What are the key sustainability strategies adopted by the market players?

How will the drivers, barriers, and challenges affect the market scenario in the coming years?

Chapter 4 Contact Lenses Market Segmentation & Impact Analysis\

Chapter 5. Global Contact Lenses Market Products Insights & Trends, Revenue (USD Billion)

Chapter 6. Contact Lenses Market By Design Insights & Trends Revenue (USD Billion)

Chapter 7. Contact Lenses Market By Material Insights & Trends Revenue (USD Billion)

Chapter 8. Contact Lenses Market By Applications Insights & Trends Revenue (USD Billion)

Chapter 9. Contact Lenses Market By Marketing Channels Insights & Trends Revenue (USD Billion)

Chapter 10. Contact Lenses Market Regional Outlook

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Thank you for reading our report. Customization of the report is available according to the requirements of clients. Kindly get in touch with us to know more about the report.

Eric Lee Emergen Research +91 90210 91709 sales@emergenresearch.com Visit us on social media: Facebook Twitter LinkedIn

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