Global Contact Lenses Market to grow at 4.6% CAGR & to reach 11900 Mn US$ by 2025
This report focuses on the global Contact Lenses Market status, future forecast, growth opportunity, key market and key players. This information is extremely useful information for new and growing company to mark themselves over the market.
Dublin, United States – March 22, 2019 /MarketersMedia/ —
Contact Lenses (CLs) are lightweight corrective, cosmetic or therapeutic devices that are usually placed directly onto the cornea of the eye. Contact lenses have many benefits for wearers, including appearance and practicality. Many people choose to wear contact lenses as opposed to eyeglasses as they do not steam up, they provide a wider field of vision, and they are more suitable for a number of sporting activities.
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USA is the largest consumption region of Contact Lenses, with a sales market share nearly 30.5% and consumption value market share nearly 32%. However, the US market is relatively concentrated. About 94% of market share is concentrated in the hands of the international four major manufacturers.
The second place is Europe; following USA with the sales market share of 21%. Japan is another important market of Contact Lenses, enjoying 16% sales market share.
Market competition is intense. Johnson &Johnson Vision Care, Novartis, CooperVision, Bausch + Lomb, etc. are the leader of the industry, and hold key technologies and customers, have been formed in the monopoly position in the industry. However, with further expanding market, there will be more manufactures in the future.
There are some manufacturers in China, and product quality is uneven. The market is chaos and a market adjustment are expected in the future. In addition, there are some breakthroughs in research on Contact Lenses in China.
The global Contact Lenses market is valued at 8350 million US$ in 2018 and will reach 11900 million US$ by the end of 2025, growing at a CAGR of 4.6% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Contact Lenses market based on company, product type, end user and key regions.
This report studies the global market size of Contact Lenses in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Contact Lenses in these regions.
The study objectives are to provide the Contact Lenses market trends, future opportunities, SWOT analysis, development, key drivers, top players and their analysis etc. Major regions covered in this report are as United States, Europe, Central & South America, China, Japan, Southeast Asia and India.
The Global Contact Lenses Market focuses on global major leading industry players providing information such as company profiles, product picture and specification, Manufacturing Base, Sales Area and its Competitors. Upstream raw materials and equipment and downstream demand analysis is also carried out.
Key Players covered in this report are Novartis, CooperVision, Bausch + Lomb, St.Shine Optical, Menicon, Hydron, Weicon, Bescon, NEO Vision, Clearlab, Oculus, Camax, Seed, Hoya Corp, OVCTEK.
Contact Lenses Market is analyzed by types like Soft Contact Lenses, Hybrid Contact Lenses, Rigid Contact Lenses. Contact Lenses Market is also analyzed by Application like Corrective Lenses, Therapeutic Lenses, Cosmetic Lenses and Lifestyle-Oriented Lenses, Others.
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The study objectives of this report are:
To study and analyze the global Contact Lenses market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Contact Lenses market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Contact Lenses companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Contact Lenses submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Table of Contents:
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Product
5 Breakdown Data by End User
6 North America
7 Europe
8 Asia Pacific
9 Central & South America
10 Middle East and Africa
11 Company Profiles
12 Future Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
14 Value Chain and Sales Channels Analysis
15 Research Findings and Conclusion
And More
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