DUBLIN--(BUSINESS WIRE)--The "Prescription Lens Market Research Report by Type, by Application, by Coating, by Region - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The global prescription lens market size was estimated at USD 19.80 billion in 2020 and expected to reach USD 21.29 billion in 2021, at a CAGR 7.86% to reach USD 33.65 billion by 2027.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Prescription Lens Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Prescription Lens Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Prescription Lens Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Prescription Lens Market?
4. What is the competitive strategic window for opportunities in the Global Prescription Lens Market?
5. What are the technology trends and regulatory frameworks in the Global Prescription Lens Market?
6. What is the market share of the leading vendors in the Global Prescription Lens Market?
7. What modes and strategic moves are considered suitable for entering the Global Prescription Lens Market?
Market Dynamics
Drivers
- Increasing occurrence of reflective error cases such as myopia and astigmatism
- Rise in the number of eye problems with increased screen-time of computers and gadgets
- Growing acceptance and use of eyewear products
Restraints
- High cost of prescription lens
Opportunities
- Technological advancements in prescription lens coupled with presence of online platforms for vision testing
- Increasing living standards among young population with the need for trending sunglasses and lens
Challenges
- Possible risks form prescription lenses
Companies Mentioned
- Carl Zeiss AG
- Charmant Inc.
- De Rigo Vision S.p.A.
- Essilor International S.A.
- Fielmann AG
- HOYA VISION CARE COMPANY
- Insight Equity A. P. X, L P
- JEANNE LANVIN SA
- Kyboe
- Luxottica group
- Marchon Eyewear, Inc.
- Marcolin SpA.
- MAUI JIM, INC.
- Michael Kors (USA), Inc.
- Prive Goods, LLC
- Rodenstock GmbH
- Safilo Group S.p.A.
- Seiko Optical Products Co Ltd
- Specsavers Optical Group Ltd
- The Eastman Kodak Company
- Titan Company Limited.
- Transitions Optical
- VISION EASE
- Vision Rx Lab
- XIAMEN ASA SUNGLASSES CO., LTD.
For more information about this report visit https://www.researchandmarkets.com/r/ath4gw
