Global Acrylic Lenses Market Overview:
The acrylic lenses are lighter than glass lenses and have good resistance to any type of component breakage by shock or impact. The acrylic lenses are made in such a way that they are resistant to heat and offers excellent quality of light transmission and unique optical clarity. The light that comes from the single light source is captured and conducted with the help of fiber optic and acrylic light guides. Acrylic is not as real as polycarbonate as it does not have the same strength and resistance to the impacts. The acrylics have excellent weathering resistance. The UV light has very less effect on the acrylics and thus they are chosen more in the outdoor applications. Some of the key players profiled in the study are Bausch & Lomb, Inc. (United States), Wesely-Jessen (United States), Abbott Medical Optics, Inc. (United States), Polyoptics GmbH. (Germany), EyeKon Medical, Inc. (United States), CooperVision (United States), American Optical (United States), Hoya Corporation (Japan), Pexco LLC. (United States) and Lenstec, Inc. (United Kingdom).
On the basis of geography, the market of Acrylic Lenses has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Design, the sub-segment i.e. Aspherical Lenses will boost the Acrylic Lenses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Acrylic Lenses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increase in Disposable Income among the Population Worldwide
- Growing Awareness towards Eye Health in both Underdeveloped and Developing Countries
- Rising Focus on Healthcare among the Growing Middle Class Population
- Increasing Adoption of Daily Disposable Contact Lenses
- The User feel Uncomfortable with Intense Light and Scleral Indentation
- Reflex Sneezing on Exposure to Bright Light
- Developing Healthcare Infrastructure in Emerging Economies
- Focus on Developing Antibacterial and Night-Vision Contact Lenses
- Unable to correct all Vision Problems
- Requires Extensive Practice in Technique
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Target Audience:Manufacturers of Acrylic Lenses, Suppliers of Acrylic Lenses, Wholesalers, Distributors and Retailers of Acrylic Lenses, End-User and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Acrylic Lenses market on the basis of product [Hydrophilic Acrylic Lenses and Hydrophobic Acrylic Lenses] , application [Therapeutic Lenses, Corrective Lenses and Cosmetic Lenses], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Acrylic Lenses market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Acrylic Lenses industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Acrylic Lenses market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.