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Global Market for Contact Lenses Cleaning Solutions
Dublin, July 14, 2022 (GLOBE NEWSWIRE) -- The "Contact Lens Solutions - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Contact Lenses Cleaning Solutions Market to Reach $3.1 Billion by 2027 Amid the COVID-19 crisis, the global market for Contact Lenses Cleaning Solutions estimated at US$2.5 Billion in the year 2020, is projected to reach a revised size of US$3.1 Billion by 2027, growing at aCAGR of 3.2% over the period 2020-2027. Multi Purpose, one of the segments analyzed in the report, is projected to record 2.9% CAGR and reach US$2.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hydrogen Peroxide-based segment is readjusted to a revised 3.8% CAGR for the next 7-year period. The U.S. Market is Estimated at $866.3 Million, While China is Forecast to Grow at 4.2% CAGR The Contact Lenses Cleaning Solutions market in the U.S. is estimated at US$866.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$290.7 Million by the year 2027 trailing a CAGR of 4.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR. Key Topics Covered: I. METHODOLOGY
New Formulations to Drive Growth
Companies Focus on New Solutions to Alleviate Contact Lens Discomfort
New Preservatives and Solutions to Address Sensitivity Issues
Select Contact Lens Solutions and Their Constituents
Hydrogen Peroxide-based Solutions Gain Preference Owing to their Higher Disinfection Capability
Rise in Myopic Population to Drive Growth
Global World Population with Myopia and High Myopia (in Million): 2000, 2010, 2020, and 2030
eCommerce and mCommerce Drive Growth Avenues for Contact Lens and Solution Companies
Urbanization and Improved Middle Class Spending: Megatrends with Significant Implications for Contact Lenses and Solutions Market
Total Population Worldwide by Urban and Rural Population in Thousands: 1950-2050
Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
Allergan (A Company of AbbVie)
Johnson & Johnson Vision Care, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/ro66q6
Global Market for Contact Lenses Cleaning Solutions
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