Boston, MA -- (SBWIRE) -- 04/17/2017 -- The global soft contact lens market is expected to show rapid growth during the forecast period. The advances in technology have enabled companies to design lenses with better fit, clarity, and vision correction capability. Soft contact lenses were introduced almost 50 years after the rigid lenses and are a relatively new market offering. Minimal adjustment period, allowing a wearer to be comfortable right after using the lenses makes them the prime choice for those switching from eyeglasses to contact lens. Since comfort and convenience are the prime concerns for a person switching from eyeglasses to contact lenses, first time users are likely to opt for soft contact lenses over the other types.

Get More Details on this Report and a Full Table of Contents at Global Soft Contact Lens Market 2017-2021

Technavio's analysts forecast the global soft contact lens market to grow at a CAGR of 7.64% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global soft contact lens market for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sale of soft contact lens.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Soft Contact Lens Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-CooperVision
-Johnson & Johnson
-Novartis
-Valeant Pharmaceuticals

Other prominent vendors

-Carl Zeiss
-Contamac US
-Essilor International
-Ginko International
-Hoya
-Menicon
-Sensimed
-SynergEyes
-UltraVision

Market driver

-Rise in the number of people with eye disorders.
-For a full, detailed list, view our report

Market challenge

-Lack of awareness and access to care.
-For a full, detailed list, view our report

Market trend

-High demand for daily disposable contact lenses.
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: CooperVision, Johnson & Johnson, Novartis, Valeant Pharmaceuticals, Carl Zeiss, Contamac US, Essilor International, Ginko International, Hoya, Menicon, Sensimed, SynergEyes, UltraVision

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