(MENAFNEditorial) OrbisResearch.com has published new research report on "Global Ophthalmic Lens Market Opportunities and Forecasts (2016-2021)" to its database.
DALLAS, TEXAS, U.S.A., February 15, 2017 /EINPresswire.com/ -- Rising technological development in contact lenses and spectacle lenses according to the wearer needs combined with the growing awareness towards eye health in developing countries has resulted in the growth of Ophthalmic Lens market.Rising incidences of refractive errors caused by myopia and presbyopia caused by lifestyle factors including the increase in use of digital devices such as smartphones and computers have been a significant driver for the demand of ophthalmic lenses.
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Among the types of ophthalmic lens, market is expected to be driven by contact lenses, mainly in the corrective usage. However, spectacles will continue to generate major revenue due to the ease of use mainly among the active aged population.
While developed regions will continue to dominate the market in terms of revenue, emerging nations are expected to respond to the market optimistically due to the developing healthcare infrastructure and rising focus on healthcare among the growing middle class population.
Global Ophthalmic Lens Market is forecasted to grow at a CAGR of 5.49% during 2016 – 2021F, on account of rising incidences of myopia and presbyopia among the growing population across the globe.North America region remains the major market followed by Europe in the actual period, while APAC and ROW region will witness strong growth in the forecast period.
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North America region remains the major market followed by Europe in the actual period, while APAC and ROW region will witness strong growth in the forecast period.
According to Azoth Analytics research report, Global Ophthalmic Lens Market (Spectacle, Contact) – By Type, By Usage, By Coating, By Distribution: Opportunities and Forecasts (2016-2021) – By Spectacle Lens Type (Single Vision, Bifocal, Trifocal, Progressive); By Usage (Prescription, OTC Reading Glass); By Coating (Anti-Reflective, Scratch Resistant, UV Protection); By Channel (Independent, Mass Retail); By Region (N. America, Europe, APAC, ROW); By Country (USA, Canada, UK, Germany, India, Japan, China, Brazil, UAE)', Global ophthalmic lens market is projected to exhibit a CAGR of over ~5.49% during 2016 - 2021.
Scope of the Report
Segmentation by Lens Type
Spectacle Lens
Contact Lens
By Contact Lens Purpose
Corrective
Therapeutic
Cosmetic
By Spectacle Lens Type
Single Vision
Bifocal and Trifocal
Progressive Lenses
By spectacle Lens Usage
Prescription
OTC
Reading glasses
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By Spectacle Lens Coating
Anti-Reflective
Scratch Resistant
UV Protection Coating
By Distribution Channel
Independent
Mass Retail
Others
By Region
North America
Europe
Asia Pacific
ROW
By Country
USA
Canada
UK
Germany
India
Japan
China
Brazil
UAE
Customization of the Report
The report could be customized according to the client's specific research requirements. No additional cost will be required to pay for limited additional research.
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