DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/259vtw/contact_lens) has announced the addition of the "Global Contact Lens (Gas Permeable Contact Lens and Soft Contact Lens) Market 2013 - 2019" report to their offering.
Rising incidence of ophthalmic disorders, changing life style and increasing geriatric population are the major driving factors for the contact lens market. According to the National Eye Institute, there are more than 11 million Americans suffering from the common vision problems such as myopia, astigmatism and hyperopia every year. However, long-term use of these lenses may increase the chance of various vision problems such as cornea scratches, redness of eyes or blindness that is anticipated to hamper the growth of contact lens market during the forecast period of 2013 to 2019.
Some of the major key players in this market are Johnson & Johnson, Essilor International, CooperVision, CIBA Vision, Hoya Corporation and others. The global market for contact lens was valued at USD 6,810.9 million in 2012 growing at a CAGR of 10.3% from 2013 to 2019.
Contact lens market can be segmented on the basis of usage pattern into corrective lenses, therapeutic contact lenses, post-operative lenses, cosmetic lenses, enhancement tints, opaque and special effect contact lenses, prosthetic contact lenses, computer lenses, D-segment contact lenses, sports lenses and custom made lenses. Corrective lenses have the concave effects that enables images to refocus onto the retina, causing more precise refraction or focus. The corrective contact lens market accounted for the largest market segment in 2012 growing at a CAGR of 12.2% during the forecast period of 2013 to 2019.
On the basis of design, the contact lens market is segmented into spherical, toric, multifocal and orthokeratology contact lens. Among these lenses, multifocal contact lens was valued at USD 553.7 million in 2012 and estimated as the fastest growing segment during the forecast period. These lenses contains two or more focal powers at different distances and can be used in correcting myopia. According to the American Academy of Ophthalmology, more than 32 million Americans suffer from myopia. With increasing incidence of this ophthalmic disorder, there will be an increase in uptake of multifocal contact lenses.
Scope of the Report
Characteristics
-- Gas-Permeable Contact Lens
-- Soft Contact Lens
-- Daily Disposable
-- Weekly Replacement
-- Monthly Replacement
-- Extended Wear
-- Annual Replacement
-- Unplanned Replacement Schedule
Design
- Spherical Contact Lens
- Toric Contact Lens
- Multifocal Contact Lens
- Orthokeratology Contact Lens
Usage
- Corrective Contact Lens
- Therapeutic Contact Lens
- Post-Operative Therapeutic Contact Lens
- Cosmetic Contact Lens
- Enhancement Tints
- Opaque and Special Effect Contact Lens
- Prosthetic Contact Lens
- Computer Lens
- D-Segment Contact Lens
- Sports Lens
- Custom-made Contact Lens
Companies Mentioned
- Abbott Medical Optics, Inc.
- Alcon Laboratories, Inc.
- Bausch & Lomb Incorporated
- Carl Zeiss Meditec AG
- CooperVision
- Essilor International
- Hoya Corporation
- Johnson & Johnson
- STAAR Surgical Company
- SynergEyes, Inc.
For more information visit http://www.researchandmarkets.com/research/259vtw/contact_lens
