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Classified in: Health, Covid-19 virus
Subject: MRR

Ophthalmic Lens Market Size to Grow by USD 11.80 billion | Increasing Prevalence of Refractive Errors to Drive Growth | Technavio


NEW YORK, Dec. 8, 2021 /PRNewswire/ -- Some of the primary growth drivers for the ophthalmic lens market are the increasing prevalence of refractive errors, technological advances in ophthalmic lenses, and initiatives to create awareness about the benefits and advances in ophthalmic lenses.á

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The ophthalmic lens market size is expected to grow by USD 11.80 bnáfrom 2020 to 2025. The growth momentum of the market will accelerate at a CAGR of 4.38%. The market is expected to post a year-over-year growth rate of 4.03%.

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Key Vendor Offerings
The key vendors of the ophthalmic lens market and their offerings are mentioned below:

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Regional Analysis

View Our Free Sampleáto learn about the contribution of each region of the market

Notes:

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Ophthalmic Lens Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.38%

Market growth 2021-2025

USD 11.80 billion

Market structure

Fragmented

YoY growth (%)

4.03

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 37%

Key consumer countries

US, China, Germany, India, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Bausch Health Companies Inc., Carl Zeiss AG, EssilorLuxottica, HOYA Corp., Johnson and Johnson Inc., Nikon Corp., Novartis AG, Rodenstock GmBH, Seiko Holdings Corp., and The Cooper Companies Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact:
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

SOURCE Technavio


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News published on 8 december 2021 at 23:30 and distributed by: