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Global Soft Contact Lens Market 2023-2027

Global Soft Contact Lens Market 2023-2027

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Global Soft Contact Lens Market 2023-2027
The soft contact lens market is forecasted to grow by USD 2511.35 mn during 2022-2027, accelerating at a CAGR of 5.66% during the forecast period. The report on the soft contact lens market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in number of people with eye disorders, growing popularity of contact lenses over eyeglasses, and popularity of silicone hydrogel contact lenses.

Technavio's soft contact lens market is segmented as below:

By ProductDaily soft contact lensWeekly replacement lensMonthly replacement lensOthersBy ApplicationCorrective lensTherapeutic lensCosmetic lensBy Geographical LandscapeNorth AmericaEuropeAPACSouth AmericaMiddle East and AfricaThis study identifies the high demand for daily disposable contact lenses as one of the prime reasons driving the soft contact lens market growth during the next few years. Also, focus on drug delivery through contact lenses and introduction of soft smart contact lenses will lead to sizable demand in the market.

The report on the soft contact lens market covers the following areas:Soft contact lens market sizingSoft contact lens market forecastSoft contact lens market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading soft contact lens market vendors that include Bausch Health Companies Inc., CAMAX OPTICAL CORP., Carl Zeiss AG, Contamac Ltd., EssilorLuxottica, Groupe Limagrain Holding, HOYA CORP., Johnson and Johnson Services Inc., MARK ENNOVY PERSONALIZED CARE S.L., Menicon Co. Ltd., Metro Optics of Austin Inc., MPG and E Handel und Service GmbH, Neovision Co. Ltd., Novartis AG, Orion Vision Group , PRECILENS, St.Shine Optical Co. Ltd., The Cooper Companies Inc., ABB Optical Group LLC, and Advanced Vision Technologies. Also, the soft contact lens market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

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