Global Therapeutics Contact Lens Market Report to 2027 - by Material Type, Application, Distribution Channel and Region

2022-06-24

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DUBLIN, June 24, 2022 /PRNewswire/ -- The "Global Therapeutics Contact Lens Market, By Material Type (Balafilcon, Lotrafilcon, Methafilcon, Senofilcon, Others), By Application (Pain Relief, Corneal Healing, Sealing & Protection, Others), By Distribution Channel, By Region, Competition Forecast & Opportunities, 2027" report has been added to

ResearchAndMarkets.com's offering.

The Global Therapeutics Contact Lens Market is expected to grow at a steady CAGR of 12.10% to reach USD5788.23 million by 2027 on the back of the rise in the number of eye treatment surgeries happening across the globe. Also, the increased prevalence of myopia and other eye disorders and the growing use of advanced technologies for eye treatment are other prominent factors driving the Global Therapeutics Contact Lens Market.

Contact lenses are safer and can provide effective vision correction compared to traditional eyewear. The government of several countries is investing heavily to develop the healthcare sector and emphasize the importance of vision care. They are launching awareness camps and campaigns to increase the awareness in the people about advanced eye care. Also, an increase in the number of myopia and other eye disorders is expected to create significant opportunities for the Global Therapeutics Contact Lens Market in the forecast period.

The Global Therapeutics Contact Lens Market is segmented into material type, application, distribution channel, regional distribution, and competitive landscape. Based on material type, the market is divided into balafilcon, lotrafilcon, methafilcon, senofilcon, and others. The senofilcon material dominated the market in 2021 and accounted for 43.15% of the overall market share. This segment is expected to maintain its dominance throughout the forecast period. Senofilcon keeps the eye white and healthy and provides more relief for ocular discomfort.

Some of the key players operating in the Global Therapeutics Contact Lens Market are Johnson & Johnson, Alcon, Inc, Bausch Health Companies, Inc, EssilorLuxottica S.A., Carl Zeiss Meditec AG, SynergEyes Inc., X-Cel Specialty Contacts., CooperVision, Inc., Hoya Corporation., SEED Co., Ltd, among others.

Years considered for this report:

Historical Years: 2017-2020

Base Year: 2021

Estimated Year: 2022

Forecast Period: 2023-2027

Objective of the Study:

To analyze the historical growth and the market size of the Global Therapeutics Contact Lens Market from 2017 to 2021.

To estimate and forecast the market size of the Global Therapeutics Contact Lens Market from 2023 to 2027 and growth rate until 2027.

To classify the Global Therapeutics Contact Lens Market based on material type, application, distribution channel, regional distribution, and competitive landscape.

To identify drivers and challenges for the Global Therapeutics Contact Lens Market.

To examine competitive developments such as expansions, new product launches, mergers, and acquisitions, etc., in the Global Therapeutics Contact Lens Market.

To conduct pricing analysis for the Global Therapeutics Contact Lens Market.

To identify and analyze the profile of leading players operating in the Global Therapeutics Contact Lens Market.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Global Therapeutics Contact Lens Market

5. Voice of Customer

5.1. References for Using Therapeutic Contact Lens Across Gender

5.2. Reasons for Using Therapeutic Contact Lens

5.3. Frequency of Therapeutic Contact Lens Usage

5.4. Preferred Point of Purchase