Contact Lenses: Technologies and Global Markets
The global market for contact lenses grew from $18.7 billion in 2012 to $18.9 billion in 2013. This market is expected to reach $20.1 billion by 2018, a compound annual growth rate (CAGR) of 1.2% for the five-year period 2013 to 2018.
- An overview of the global market for contact lenses, including soft, rigid, and hybrid lenses.
- Analyses of global market trends, with data from 2012 and 2013, and projections of CAGRs through 2018.
- In-depth analysis of changing dynamics and adoption trends affecting developing economies concerning market penetration in these areas.
- A breakdown of the market and its products by purpose, usability, design, corrective nature, and other characteristics.
- Profiles of leading companies in the industry.
SCOPE OF THE STUDY
The scope of this study covers contact lens in medicinal devices markets. BCC Research analyzes each market and its applications, regulatory environment, technology, market projections and market shares. Technological issues include the latest trends and developments. The emerging market for contact lens includes countries like India, China, Japan, Korea, Taiwan, Canada, Africa, Australia, New Zealand, etc.
Shalini Shahani Dewan focuses on pharmaceuticals and biotechnology and has been a BCC Research contributor since 2002 as both an analyst and project manager. She has explored a wide range of topics and companies, including working for Johnson & Johnson doing market surveillance. She has an undergraduate degree in pharmacy and master's degree in medicinal chemistry. She resides in the Bay Area.
The global contact lens market was valued at $7.2 billion in 2010. This market reached nearly $7.8 billion in 2011 and will grow to $11.6 billion in 2016 at an estimated CAGR of 8.4% from 2011 to 2016.