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The market analysis of contact lens has found that rise in incidence of eye disorders and vision impairment has steered substantial revenue growth. The contact lenses market size was estimated at US$ 8.6 Bn in 2021, where the demand for various contact lens designs pivoted on the global prevalence of myopia. In 2031, the size is projected to reach US$ 14.5 Bn, with substantial opportunities to emanate from the Asia Pacific and North America markets.
Contact lens users worldwide, observed the analysts of the study on contact lenses market, increasingly seek user comfort, convenience, and effectiveness in meeting their needs. Best contact lenses are aimed at meeting all these user expectations. Of note, users engaging in sports and aquatic activities value these product attributes. The factor has driven need for contact design advancements, notably in toric lenses. These lenses have been primarily used in the treatment of mild and moderate corneal astigmatism.
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Key Findings of Contact Lenses Market Study
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Contact Lenses Market: Key Drivers
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Contact Lenses Market: Regional Growth Dynamics
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Contact Lenses Market: Competition Dynamics
The TMR study on the contact lenses market presents a meticulous assessment of the competitive strategies adopted by various players. The insights include analysis of contact lenses market share by company. Some of the key players profiled in the report are:
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