Global Ophthalmic Lens Market 2023-2027

Description

List of Tables

Technavio has been monitoring the ophthalmic lens market and it is poised to grow by $14.3 bn during 2023-2027, accelerating at a CAGR of 4.85% during the forecast period. Our report on the ophthalmic 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 global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing prevalence of refractive errors, technological advances in ophthalmic lenses, and initiatives to create awareness about the benefits and advances in ophthalmic lenses.

Technavio's ophthalmic lens market is segmented as below:

By End-user

Consumers
Hospitals and clinics
Ambulatory surgery centers

By Product

Spectacle lens
Contact lens
IOLs

By Geographical Landscape

North America
Europe
Asia
Rest of World (ROW)

This study identifies the increasing adoption of daily disposable contact lenses as one of the prime reasons driving the ophthalmic lens market growth during the next few years. Also, the focus on developing antibacterial and night-vision contact lenses and an increase in acquisitions and partnerships will lead to sizable demand in the market.

Technavio 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. Our report on the ophthalmic lens market covers the following areas:

Ophthalmic lens market sizing
Ophthalmic lens market forecast
Ophthalmic lens market industry analysis

Technavio's 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 ophthalmic lens market vendors that include Aksh Optifibre, Alcon Inc., Alpine Research Optics, Bausch Health Co. Inc., Bod Lenses, Camax Optical Corp., Carl Zeiss AG, Corning Inc., EssilorLuxottica, EssilorLuxottica SA, Halma Plc, HOYA Corp., Jiangsu Hongchen Group Co. Ltd., Johnson and Johnson, Mitsui Chemicals Inc, Nikon Corp., Privo, Rodenstock GmBH, Shamir Ltd., SynergEyes Inc., The Cooper Companies Inc., The Walman Optical Co., and VISION EASE. Also, the ophthalmic 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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR43602

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global ophthalmic lens market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global ophthalmic lens market 2017 - 2021 ($ billion)
4.2 End users Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - End users Segment 2017 - 2021 ($ billion)
4.3 Product Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Product Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 Consumers - Market size and forecast 2022-2027
Exhibit 34: Chart on Consumers - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Consumers - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Consumers - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Consumers - Year-over-year growth 2022-2027 (%)
6.4 Hospitals and clinics - Market size and forecast 2022-2027
Exhibit 38: Chart on Hospitals and clinics - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Hospitals and clinics - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Hospitals and clinics - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Hospitals and clinics - Year-over-year growth 2022-2027 (%)
6.5 Ambulatory surgery centers - Market size and forecast 2022-2027
Exhibit 42: Chart on Ambulatory surgery centers - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on Ambulatory surgery centers - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on Ambulatory surgery centers - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Ambulatory surgery centers - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by End-user
Exhibit 46: Market opportunity by End-user ($ billion)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 47: Chart on Product - Market share 2022-2027 (%)
Exhibit 48: Data Table on Product - Market share 2022-2027 (%)
7.2 Comparison by Product
Exhibit 49: Chart on Comparison by Product
Exhibit 50: Data Table on Comparison by Product
7.3 Spectacle lens - Market size and forecast 2022-2027
Exhibit 51: Chart on Spectacle lens - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Data Table on Spectacle lens - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Chart on Spectacle lens - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Spectacle lens - Year-over-year growth 2022-2027 (%)
7.4 Contact lens - Market size and forecast 2022-2027
Exhibit 55: Chart on Contact lens - Market size and forecast 2022-2027 ($ billion)
Exhibit 56: Data Table on Contact lens - Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Chart on Contact lens - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Contact lens - Year-over-year growth 2022-2027 (%)
7.5 IOLs - Market size and forecast 2022-2027
Exhibit 59: Chart on IOLs - Market size and forecast 2022-2027 ($ billion)
Exhibit 60: Data Table on IOLs - Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Chart on IOLs - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on IOLs - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Product
Exhibit 63: Market opportunity by Product ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 65: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 66: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 67: Chart on Geographic comparison
Exhibit 68: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 Asia - Market size and forecast 2022-2027
Exhibit 77: Chart on Asia - Market size and forecast 2022-2027 ($ billion)
Exhibit 78: Data Table on Asia - Market size and forecast 2022-2027 ($ billion)
Exhibit 79: Chart on Asia - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Asia - Year-over-year growth 2022-2027 (%)
9.6 Rest of World (ROW) - Market size and forecast 2022-2027
Exhibit 81: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ billion)
Exhibit 82: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ billion)
Exhibit 83: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
9.7 US - Market size and forecast 2022-2027
Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 Germany - Market size and forecast 2022-2027
Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.10 Japan - Market size and forecast 2022-2027
Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.11 France - Market size and forecast 2022-2027
Exhibit 101: Chart on France - Market size and forecast 2022-2027 ($ billion)
Exhibit 102: Data Table on France - Market size and forecast 2022-2027 ($ billion)
Exhibit 103: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on France - Year-over-year growth 2022-2027 (%)
9.12 Market opportunity By Geographical Landscape
Exhibit 105: Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 106: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 108: Overview on factors of disruption
11.4 Industry risks
Exhibit 109: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 110: Vendors covered
12.2 Market positioning of vendors
Exhibit 111: Matrix on vendor position and classification
12.3 Alpine Research Optics
Exhibit 112: Alpine Research Optics - Overview
Exhibit 113: Alpine Research Optics - Product / Service
Exhibit 114: Alpine Research Optics - Key offerings
12.4 Bausch Health Co. Inc.
Exhibit 115: Bausch Health Co. Inc. - Overview
Exhibit 116: Bausch Health Co. Inc. - Business segments
Exhibit 117: Bausch Health Co. Inc. - Key news
Exhibit 118: Bausch Health Co. Inc. - Key offerings
Exhibit 119: Bausch Health Co. Inc. - Segment focus
12.5 Camax Optical Corp.
Exhibit 120: Camax Optical Corp. - Overview
Exhibit 121: Camax Optical Corp. - Product / Service
Exhibit 122: Camax Optical Corp. - Key offerings
12.6 Carl Zeiss AG
Exhibit 123: Carl Zeiss AG - Overview
Exhibit 124: Carl Zeiss AG - Business segments
Exhibit 125: Carl Zeiss AG - Key offerings
Exhibit 126: Carl Zeiss AG - Segment focus
12.7 Corning Inc.
Exhibit 127: Corning Inc. - Overview
Exhibit 128: Corning Inc. - Business segments
Exhibit 129: Corning Inc. - Key news
Exhibit 130: Corning Inc. - Key offerings
Exhibit 131: Corning Inc. - Segment focus
12.8 EssilorLuxottica
Exhibit 132: EssilorLuxottica - Overview
Exhibit 133: EssilorLuxottica - Business segments
Exhibit 134: EssilorLuxottica - Key news
Exhibit 135: EssilorLuxottica - Key offerings
Exhibit 136: EssilorLuxottica - Segment focus
12.9 EssilorLuxottica SA
Exhibit 137: EssilorLuxottica SA - Overview
Exhibit 138: EssilorLuxottica SA - Business segments
Exhibit 139: EssilorLuxottica SA - Key offerings
Exhibit 140: EssilorLuxottica SA - Segment focus
12.10 Halma Plc
Exhibit 141: Halma Plc - Overview
Exhibit 142: Halma Plc - Business segments
Exhibit 143: Halma Plc - Key news
Exhibit 144: Halma Plc - Key offerings
Exhibit 145: Halma Plc - Segment focus
12.11 HOYA Corp.
Exhibit 146: HOYA Corp. - Overview
Exhibit 147: HOYA Corp. - Business segments
Exhibit 148: HOYA Corp. - Key offerings
Exhibit 149: HOYA Corp. - Segment focus
12.12 Jiangsu Hongchen Group Co. Ltd.
Exhibit 150: Jiangsu Hongchen Group Co. Ltd. - Overview
Exhibit 151: Jiangsu Hongchen Group Co. Ltd. - Product / Service
Exhibit 152: Jiangsu Hongchen Group Co. Ltd. - Key offerings
12.13 Johnson and Johnson
Exhibit 153: Johnson and Johnson - Overview
Exhibit 154: Johnson and Johnson - Business segments
Exhibit 155: Johnson and Johnson - Key news
Exhibit 156: Johnson and Johnson - Key offerings
Exhibit 157: Johnson and Johnson - Segment focus
12.14 Mitsui Chemicals Inc
Exhibit 158: Mitsui Chemicals Inc - Overview
Exhibit 159: Mitsui Chemicals Inc - Business segments
Exhibit 160: Mitsui Chemicals Inc - Key offerings
Exhibit 161: Mitsui Chemicals Inc - Segment focus
12.15 Nikon Corp.
Exhibit 162: Nikon Corp. - Overview
Exhibit 163: Nikon Corp. - Business segments
Exhibit 164: Nikon Corp. - Key news
Exhibit 165: Nikon Corp. - Key offerings
Exhibit 166: Nikon Corp. - Segment focus
12.16 Privo
Exhibit 167: Privo - Overview
Exhibit 168: Privo - Product / Service
Exhibit 169: Privo - Key offerings
12.17 VISION EASE
Exhibit 170: VISION EASE - Overview
Exhibit 171: VISION EASE - Product / Service
Exhibit 172: VISION EASE - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 173: Inclusions checklist
Exhibit 174: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 175: Currency conversion rates for US$
13.4 Research methodology
Exhibit 176: Research methodology
Exhibit 177: Validation techniques employed for market sizing
Exhibit 178: Information sources
13.5 List of abbreviations
Exhibit 179: List of abbreviations