Research Report And Overview On Contact Lens Technology Market 2022
According to a recently published report, the Contact Lens Technology Market is expected to grow at the CAGR of 10.6% during 2015-2022.
According to a recently published report, the Contact Lens Technology Market is expected to grow at the CAGR of 10.6% during 2015-2022. The global Contact lens technology market is segmented on the basis of age, characteristic, design, application and geography. The report on global contact lens technology market forecast, 2015-2022 (by age, characteristic, design, application and geography) provides detailed overview and predictive analysis of the market.
There are many factors driving the market such as increasing trend of using contact lenses, increasing utility of contact lenses such as in case of corrective lenses, therapeutic lenses, cosmetic lenses, life-style oriented contact lenses etc. Other factors driving the market are continuous research and development and advent of various technologies such as injection molding, laser cutting etc.
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Some of the factors restraining the market are higher risk of corneal ulcers and eye infections. The contact lenses are still not preferred commonly due to inconvenience of usage and cleaning. Effective and growing substitutes such as surgery and stylish glasses are posing significant challenge to the contact lenses market. Some of the major players of the industry are Abbott Medical Optics, Inc., Alcon Laboratories, Inc., Eagle Optics Pvt., Ltd., Johnson & Johnson etc.
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