(PharmaNewsWire.Com, May 01, 2017 ) Middle-East and Africa Contact Lenses Market research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 4.30% to reach USD 0.3 billion by 2021, from USD 0.2 billion in 2016.
A contact lens is a thin and curved lens which is placed on the surface of the eye. They can be used for vision correction or for novelty and cosmetic purpose. Contact Lenses are medical devices, managed by Food and Drug Administration (USA), hence requires prescription. The various types of contact lenses are Silicone Hydrogel Contact Lenses, Rigid Gas Permeable Contact Lenses and Soft contact lenses, among others.
Key factors which affect and thereby cause changes to the market dynamics are studied essentially and are presented in a well-known way in the report. Some of those factors are Increasing public awareness, better quality products, easy to use and presence of diverse players specially in Middle East region Rise in aging population Increasing use of electronic devices with screens, the number of people suffering from vision issues have gone up considerably Economic slowdown, regulated access to eye healthcare, high maintenance cost of the product and vision related problems are not considered priority in most of African regions
For granular level understanding the Contact Lenses Market is segmented based on Material, Application and Design, each being provided with Market Size Estimations and Y-o-Y Forecasts. Based on Material: Introduction Soft Contact Lenses Silicone Hydrogel Lenses Rigid Gas Permeable (RGP) Contact Lenses Hybrid Contact Lenses Polymethyl Methacrylate (PMMA) Contact Lenses Y-o-Y Growth Analysis, By Product Market Attractiveness Analysis, By Product Market Share Analysis, By Product Based on Application: Introduction Therapeutic Contact Lenses Cosmetic Contact Lenses Others Y-o-Y Growth Analysis, By Type Market Attractiveness Analysis, By Type Market Share Analysis, By Type Based on Design: Introduction Spherical Bifocal Orthokeratology Toric Y-o-Y Growth Analysis, By Application Market Attractiveness Analysis, By Application Market Share Analysis, By Application
Based on geography the market is analyzed under various countries namely, Middle-East and Africa.
Some of the key players that operate in the Middle-East and Africa Contact Lenses Market include Medtronic, Argon Medical Devices Inc, Boston Scientific Corporation, Cook Medical Inc., Leica Biosystems, Hologic Inc., MDxHealth, Becton, Veran Medical Technologies, C.R. Bard Inc., Ethicon EndoSurgery Inc., Mauna Kea Technologies, Dickinson and Company, Fujifilm Medical Systems, and Intact Medical Corp.
Future trend of Contact Lenses is Smart Contact Lenses priors that a contact lens integrates a set of electronic components and formed a specialized function. They may be used to monitor diabetes by measuring intraocular pressure, tear glucose, or for myopia and presbyopia control, low vision.
The Middle-East and Africa Contact Lenses Market report offers wide-range of scope: Regional level analysis that provides an individual perspective of Middle-East and Africa region individually and on a whole Know more about key areas of industry growth via detailed Segment-level analysis on basis of Material, Application and Design along with market size forecasts and y-o-y estimations Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics Strategic Analyses containing PESTLE and Porters Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market For more reports related to the Medical Devices Market: Middle East and Africa General Surgical Devices Market: http://www.marketdataforecast.com/market-reports/middle-east-and-africa-general-surgical-device-market--1445/ Middle East and Africa Laparoscopy Device Market: http://www.marketdataforecast.com/market-reports/middle-east-and-africa-laparoscopy-device-market-673/ Middle East and Africa Medical Device 3D Printing Market: http://www.marketdataforecast.com/market-reports/middle-east-and-africa-medical-device-three-dimension-printing-market-337/
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