The global smart contact lenses market is projected to reach USD 2,860.50 Million in 2025, while augmenting at a significant CAGR of 49.6% during 2019-2025. The market growth is attributed to the rising geriatric population and growing demand for eye care solutions. Moreover, growing adoption of wearable medical devices and increasing prevalence of glaucoma and diabetes are further augment the market growth.
Smart contact lens is a promising device primarily made to monitor the physiological changes of an eye that aids in the better treatment of the patients in diabetes and glaucoma. In addition, various key players are willing to invest in this technology to provide the better healthcare facilities along with the enhancement of the quality of life.
The years used for the assessment are as follows:
Historical year: 2015, 2016, 2017
Base year: 2018
Forecast period: 2019 – 2025
RESEARCH METHODOLOGY
The research and analysis is based on the data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;
OBJECTIVES:
CHAPTER 1. Market Scope and Methodology
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
CHAPTER 2. Executive Summary
2.1. Global Smart Contact Lenses – Market Snapshot
CHAPTER 3. Industry Analysis
3.1. Market Definition
3.2. Market Segmentation
3.3. Key Findings of the Global Smart Contact Lenses Market
3.4. Value Chain Analysis
3.5. Market Opportunities & Trends
3.5.1. Growing investments by major players
3.5.2. Increasing research and development activities in the field of contact lenses
3.6. Market Dynamics
3.6.1. Market driver analysis
3.6.1.1. Rising geriatric population
3.6.1.2. Growing demand for eye care solutions
3.6.1.3. Growing adoption of wearable medical devices
3.6.1.4. Increasing prevalence of glaucoma and diabetes
3.6.2. Market restraint analysis
3.6.2.1. Stringent government regulations
CHAPTER 4. Competitive Outlook
4.1. Company Market Share Analysis
4.2. Porters Five Forces Analysis
CHAPTER 5. Global Smart Contact Lenses Market Size and Forecast (2015 – 2025)
5.1. Global Smart Contact Lenses Market, By Type (USD Million)
5.1.1. Daily-Wear Soft Lenses
5.1.2. Rigid Gas-Permeable
5.1.3. Extended-Wear
5.1.4. Extended-Wear Disposable
5.2. Global Smart Contact Lenses Market, By Application (USD Million)
5.2.1. Intraocular Pressure Monitoring
5.2.2. Continuous Glucose Monitoring
5.3. Global Smart Contact Lenses Market, By End-User (USD Million)
5.3.1. Clinics
5.3.2. Home Settings
CHAPTER 6. Global Smart Contact Lenses Market, By Geography (2015 – 2025)
6.1. North America Smart Contact Lenses Market
6.1.1. North America Smart Contact Lenses Market, By Type (USD Million)
6.1.2. North America Smart Contact Lenses Market, By Application (USD Million)
6.1.3. North America Smart Contact Lenses Market, By End-User (USD Million)
6.1.4. North America Smart Contact Lenses Market, By Country
6.1.4.1. The United States
6.1.4.2. Canada
6.1.4.3. Mexico
6.2. Europe Smart Contact Lenses Market
6.2.1. Europe Smart Contact Lenses Market, By Type (USD Million)
6.2.2. Europe Smart Contact Lenses Market, By Application (USD Million)
6.2.3. Europe Smart Contact Lenses Market, By End-User (USD Million)
6.2.4. Europe Smart Contact Lenses Market, By Country
6.2.4.1. France
6.2.4.2. U.K
6.2.4.3. Spain
6.2.4.4. Germany
6.2.4.5. Rest of Europe
6.3. Asia-Pacific Smart Contact Lenses Market
6.3.1. Asia-Pacific Smart Contact Lenses Market, By Type (USD Million)
6.3.2. Asia-Pacific Smart Contact Lenses Market, By Application (USD Million)
6.3.3. Asia-Pacific Smart Contact Lenses Market, By End-User (USD Million)
6.3.4. Asia-Pacific Smart Contact Lenses Market, By Country
6.3.4.1. Australia
6.3.4.2. China
6.3.4.3. India
6.3.4.4. Japan
6.3.4.5. Rest of Asia-Pacific
6.4. Central & South America Smart Contact Lenses Market
6.4.1. Central & South America Smart Contact Lenses Market, By Type (USD Million)
6.4.2. Central & South America Smart Contact Lenses Market, By Application (USD Million)
6.4.3. Central & South America Smart Contact Lenses Market, By End-User (USD Million)
6.4.4. Central & South America Smart Contact Lenses Market, By Country
6.4.4.1. Argentina
6.4.4.2. Brazil
6.4.4.3. Rest of Central & South America
6.5. Middle East And Africa Smart Contact Lenses Market
6.5.1. Middle East And Africa Smart Contact Lenses Market, By Type (USD Million)
6.5.2. Middle East And Africa Smart Contact Lenses Market, By Application (USD Million)
6.5.3. Middle East And Africa Smart Contact Lenses Market, By End-User (USD Million)
6.5.4. Middle East and Africa Smart Contact Lenses Market, By Country
6.5.4.1. Saudi Arabia
6.5.4.2. South Africa
6.5.4.3. Rest of Middle East and Africa
CHAPTER 7. Key Players and Strategic Developments
7.1. Innovega Inc.
7.1.1. Business Overview
7.1.2. Product and Service Offering
7.1.3. Financial Overview
7.1.4. Strategic Developments
7.2. Sensimed AG
7.2.1. Business Overview
7.2.2. Product and Service Offering
7.2.3. Financial Overview
7.2.4. Strategic Developments
7.3. Samsung Electronics Co., Ltd.
7.3.1. Business Overview
7.3.2. Product and Service Offering
7.3.3. Financial Overview
7.3.4. Strategic Developments
7.4. Google Inc.
7.4.1. Business Overview
7.4.2. Product and Service Offering
7.4.3. Financial Overview
7.4.4. Strategic Developments