Global Contact and Intraocular Lenses Market Size, Share, Forecast Report, 2020-2027

The global Contact and Intraocular Lenses market garnered revenue around USD XX Billion in 2019 and projected to reach USD 9.200 Million in 2027, with at a compound annual growth rate of 5.9% throughout the estimate period from 2020 to 2027.

An intraocular lens is a medical device implanted inside the eye to replace the natural lens during cataract surgery. The contact lens is a thin plastic lens placed directly on the surface of the eye to correct visual defects. The increasing prevalence of various ocular disorders, technological advancements & innovations, and rapidly changing lifestyles are expected to drive the growth of the global contact & intraocular lenses market. However, factors such as the complications related to contact & intraocular lenses and alternatives of contact lenses are expected to restrict the market growth during the forecast period. Strong product demand to change aesthetic appearance (cosmetic lenses) is expected to allow the global contact & intraocular lenses market to grow.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Contact and Intraocular Lenses market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Contact and Intraocular Lenses market growth.

The global Contact and Intraocular Lenses market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

Johnson & Johnson Services, Inc. (New Jersey, US), Bausch & Lomb Incorporated (New York, US), Alcon (Geneva, Switzerland), Hoya Corporation (Shinjuku City, Tokyo, Japan), Carl Zeiss Meditec AG (Jena, Germany), Staar Surgical (California, US), HumanOptics AG (Bavaria, Germany), Nidek Co., Ltd (Aichi, Japan, PhysIOL (Liege, Belgium), and The Cooper Companies, Inc. (California, US).

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

Global Contact and Intraocular Lenses Market, By Product Type

• Contact Lenses
• Spherical Contact Lenses
• Toric Contact Lenses
• Multifocal Contact Lenses
• Cosmetic and Lifestyle Oriented Lenses
• Intraocular Lenses
• Traditional/Monofocal IOLS
• Aspheric Monofocal IOLS
• Spheric Monofocal IOLS
• Multifocal IOLS
• Toric
• Accommodating IOLS
• Extended Depth-Of-Focus (EDOF) IOLS
• Phakic IOLS

Global Contact and Intraocular Lenses Market, By Material

• Contact Lenses Material
• Silicone Hydrogel Soft Contact Lens
• Methacrylate Hydrogel Soft Contact Lens
• Gas-Permeable Contact Lens
• Others
• Intraocular Lenses Material
• Hydrophobic Acrylic IOLS
• Hydrophilic Acrylic IOLS
• Polymethylmethacrylate (PMMA) IOLS
• Other

Global Contact and Intraocular Lenses Market, By End User

• Contact Lenses
• Hospitals
• Ophthalmic Clinics
• Others
• Intraocular Lenses
• Hospitals
• Ophthalmic Clinics
• Others

 Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • Italy
  • France
  • Rest of EU
• Asia Pacific
  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC
• Central & South America
  • Brazil
  • Argentina
  • Rest of Central & South America
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • Rest of MEA