The asia pacific contact lens market estimated to be valued US$ 4,911.13 million in 2023 and poised to grow at significant CAGR X% during the forecast period 2024-2030. The growth of the market is majorly driven by Increase in the adoption of coloured contact lenses.
Thin lenses called contact lenses, or just contacts, are applied directly to the surface of the eyes. Over 150 million individuals wear contact lenses, which are ocular prosthetic devices that can be used for medicinal, cosmetic, or vision correction purposes. The US soft lens market was anticipated to be worth $2.1 billion in 2010, while the global contact lens industry was projected to be worth $6.1 billion. By 2015, the global market for contact lenses was predicted by several analysts to reach $11.7 billion. Globally, contact lens wearers were, as of 2010, on average, thirty-one years old, with two thirds of them being female.
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The Asia Pacific Contact Lens Market segmentation:
1) By Modality Type: Daily Wear, Weekly/Monthly.
2) By Design Type: Toric, Multifocal, Cosmetic, Sphere.
3) By Material Type: Silicone Hydrogel, Hydrogel, Gas Permeable, Hybrid, PMMA.
4) By Application: Conventional, Orthokeratology, Decorative.
5) By Distribution Channel: Retail Stores, Hospitals and Clinics, E-commerce.
Based on its Segmentations, and its many positive attributes, A hydrogel is a type of three-dimensional organized crosslinked network that can swell when exposed to water. It has many hydrophilic groups in either its side or back chains. A hydrogel contains a lot of water but keeps its shape because it expands in water but does not dissolve in it.
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The prominent key players operating in the Asia Pacific Contact Lens Market is Johnson & Johnson, Alcon, Inc., CooperVision, Inc. , Bausch + Lomb , Carl Zeiss Meditech AG , HOYA Corporation , St Shine Optical Co Ltd, Menicon Co., Ltd. , Ginko International
Scope of The Report:
· The Asia Pacific Contact Lens Market research report includes historical data, trending features, and market growth estimates for the future.
· The qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period.
· The market report helps to provide the best results for business enhancement and business growth.
· The report gives a comprehensive overview of both primary and secondary data.
· The market key players covered here to help them strengthen their place in the market.
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