Disposable contact lenses thin plastic disk which are worn to improve eye vision apart from therapeutics or cosmetics reasons. These lenses are directly placed over cornea of the eye. Recently, it has been seen that a large number of people are preferring to wear such lenses for enhance their eyes appearance as well during sport activities. This has led manufacturers to focus on designing multi-dimensional disposable contact lenses.
|Unit||Value (USD Million)|
|Key Companies Profiled||Novartis [Switzerland], Johnson &Johnson Vision Care [United States], CooperVision [United States], Bausch + Lomb [United States], St.Shine Optical [Taiwan] and Menicon [Japan]|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility|
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Disposable Contact Lenses Market Study:
Novartis [Switzerland], Johnson &Johnson Vision Care [United States], CooperVision [United States], Bausch + Lomb [United States], St.Shine Optical [Taiwan] and Menicon [Japan]
Disposable Contact Lenses Market Segment Analysis
|Application / End User||Corrective Lenses, Therapeutic Lenses and Cosmetic Lenses and Lifestyle-Oriented Lenses|
|Type||Corrective, Cosmetic Lens, Prosthetic Lens, Therapeutic Lens and Others|
|Technology||Spin Casting,Cast Molding,Lathe Cutting|
|Distribution Channels||Optical Stores,Multi-Brand Stores,Independent Brand Stores,Online Retailer,Others|
Manufacturers Focus Towards Developing Disposable Contact Lenses to Suit the Digital Driven Lifestyles of Individuals and Rising Demand for Cosmetic Contact Lenses with Aesthetic Design Amid Changing Fashion Statement
Market Growth Drivers:
Increasing Occurrence of Astigmatism, Hyperopia and Myopia and Growing Eye Care Centers and Awareness About Its Importance
Lack of Trained Ophthalmologists
Adverse Effects Associated with Its Use such as Dryness, Red-eyes and Eye-infections and Availability of Alternatives Eye Care Methods
Growing Uses of Disposable Contact Lenses in Entertainment and Media Industry and Increase in Online Sales of Contact Lenses and Eye Care Products
Some of the other players that are also part of study are The Cooper Companies, Inc. [United States], Blanchard Lab [United States], ZEISS International [Germany], Alcon Company [United States] and Hoya Corporation [Japan]. The Global Disposable Contact Lenses market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
All disposable contact lenses including Prescription contact lenses and cosmetic contact lenses have to be prescribed as mandated by United States Food and Drug Administrative (FDA). This rule has come into effect owing to common complications such as infection and inflammation might lead to vision loss or blindness.
Research Methodology:The top-down and bottom-up approaches are used to estimate and validate the size of the Global Disposable Contact Lenses market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Disposable Contact Lenses market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Disposable Contact Lenses Manufacturers, Suppliers/Distributors, Potential Investors, Research Institutes, Government Agencies and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.