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Global Contact Lenses & Intraocular Lenses Market to Grow to US$ 20 Billion by 2019 at a CAGR of 8.4%

ReportsWorldwide has announced the addition of a new report title Global Contact Lenses & Intraocular Lenses Market Assessment & Forecast: 2015-2019 to its growing collection of premium market research reports.

 

Boston, MA -- (SBWIRE) -- 10/26/2016 -- According to the new report "Global Contact Lenses & Intraocular Lenses Market Assessment & Forecast: 2015-2019", Global intraocular lenses market was valued at US$ 3,886.3 million in 2014 and is expected to grow to US$ 5,643.4 million by 2019 at a CAGR of 7.6% from 2015 to 2019

This report covers qualitative and quantitative analysis of major commercial segments segregated by optical designs of contact lenses such as spherical, toric, multi-focal, ortho-K, cosmetic or colored lenses among others. It also sheds qualitative and quantitative insight into the market of intraocular lenses by optical design such as phakic, toric, accommodating, multi-focal and spherical.

A section of the report delves into the material characteristics of contact lenses such as RGP lenses, soft hydrogel and silicone hydrogel lenses. Latter sections of the report focus on the trends and dynamics of the market in terms of competitor analysis.

To view a detailed description and Table of Contents please visit: http://bit.ly/2eEh2mH

The report includes an in-depth market share analysis for both segments (Contact Lenses and Intraocular Lenses) by key players.

The contact lenses market has observed a large number of entrants in recent years owing to increasing demand from developed countries and a growing market in emerging regions such as Asia-Pacific and Latin America. Brand quality and performance is of utmost importance to most people when it comes to vision and top players continue to lead the market in both categories.

The North American market is anticipated to continue leading in terms of value due to easy availability, higher awareness, greater number of ophthalmologists and optometrists per 1000 people as compared to other regions of the world. Silicone Hydrogel lenses is anticipated to continue growing in demand in double digit growth as replacement period reduces to daily wear. Silicone Hydrogel lenses are anticipated to contribute 23% of all soft lenses by 2019.

Women outnumber men in contact lens wear with a ratio of 3:1 and almost exclusively wear customized aesthetic or cosmetic lenses. Growth in demand among younger age-groups continues as children wish to escape peer pressure of wearing glasses in public.

One of the largest factors driving the demand and changing trend of the market is the ease of purchase offered through e-commerce websites and online shopping particularly in developed regions such as North America and Europe.

Report Structure:

Chapter 1 Preface
Chapter 2 Market Inferences
Chapter 3 Market Dynamics
Chapter 4 Global Market Size Assessment, Forecast: 2015 - 2019
Chapter 5 Global Market Size Assessment, by Optical Design
Chapter 6 Global Market Size Assessment, by Applications
Chapter 7 Global Market Size Assessment, by Geography
Chapter 8 Key Players Analysis
Chapter 9 Epilogue

The analysis takes into consideration over 30 major players operating across the world such as Abbott Laboratories, Alcon (Novartis), Bausch + Lomb (Valeant), Johnson & Johnson, STAAR Surgical, Carl Zeiss, Rayner, CooperVision, Morcher GmbH, USIOL, Menicon Group, OPHTEC BV, VSY Biotechnology, Innovega, Aurolab, Eagle Optics, Essilor, PhysIOL, The Human Optics, Hoya Corporation, Oculentis, EyeKon, All Pro Intraocular Lens Co Ltd and many more.

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