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Soft Contact Lens Market by Product, Application, and Geography - Forecast and Analysis 2022-2026

  • Published: Jul 2022
  • Pages: 120
  • SKU: IRTNTR44607
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The soft contact lens market share is expected to increase by USD 1.74 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 3.21%.

This soft contact lens market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers soft contact lens market segmentation by product (daily soft contact lens, weekly replacement lens, monthly replacement lens, and others), application (corrective lens, therapeutic lens, and cosmetic lens), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The soft contact lens market report also offers information on several market vendors, including Advanced Vision Technologies, Appenzeller Kontaktlinsen AG, Art Optical Contact Lens Inc., Bausch Health Companies Inc., BenQ Corp., Cantor and Nissel Ltd., Carl Zeiss AG, HOYA Corp., Johnson and Johnson, Menicon Co. Ltd., Metro Optics, Novartis AG, Precision Technology Services Ltd., SEED Co. Ltd., STAAR Surgical Co., SynergEyes Inc., The Cooper Companies Inc., and UltraVision CLPL among others.

What will the Soft Contact Lens Market Size be During the Forecast Period?

Soft Contact Lens Market Size

Download Report Sample to Unlock the Soft Contact Lens Market Size for the Forecast Period and Other Important Statistics

 

Soft Contact Lens Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rise in the number of people with eye disorders is notably driving the soft contact lens market growth, although factors such as lack of awareness and access to care may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the soft contact lens market's competitive edge.

Key Soft Contact Lens Market Driver

The rise in the number of people with eye disorders is one of the key drivers fueling the soft contact lens market growth. Primarily, diabetes can result in glaucoma, retinopathy, cataracts, temporary blurring of the vision, or permanent loss of vision. Meanwhile, there is an increase in the diabetic population, which is one of the reasons for the rise in the number of eye disorders and thereby driving the demand for corrective lenses. The percentage of the global population that require corrective lenses has increased from under 40% in 2010 to more than 63% as of 2021. Though the primary solution for corrective vision is eyeglasses, the advantages of contact lenses such as soft contact lenses often lead to a fair share of people opting for them over eyeglasses. This, in turn, will drive market growth during the forecast period.

Key Soft Contact Lens Market Trend

High demand for daily disposable contact lenses is one of the key soft contact lens market trends supporting market growth. The supple nature of daily disposable contact lenses makes them a natural and comfortable fit. Proteins, calcium, lipids, and other substances found in the eyes can build up on lenses, which does not happen with daily disposable contact lenses, thus avoiding the discomfort associated with these substances. Furthermore, they are available in most prescriptions for astigmatism, bifocals, nearsightedness, and farsightedness. The unconventional design of these lenses contains multiple zones of vision correction, permitting book reading computer usage at middle distances. Thus, disposable contact lenses can fix the problems associated with common vision problems, which will support the market growth during the forecast period.

Key Soft Contact Lens Market Challenge

Lack of awareness and access to care is one of the factors hindering the soft contact lens market growth. People worldwide are generally unaware of the various types of eye disorders. They do not even go for regular eye check-ups. In the US, seven out of ten people got their eyes examined in the last two years. Further, according to the Centers for Disease Control and Prevention (CDC), each year, in the US, between 12,000 and 24,000 new cases of blindness occur due to diabetic retinopathy, and many could be prevented with early intervention. However, a lack of awareness among a high percentage of the population raises the risk of vision impairment from the disease. Such factors are expected to hinder the market growth during the forecast period.

This soft contact lens market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global soft contact lens market as a part of the global apparel, accessories, and luxury goods market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the soft contact lens market during the forecast period.

Who are the Major Soft Contact Lens Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Advanced Vision Technologies
  • Appenzeller Kontaktlinsen AG
  • Art Optical Contact Lens Inc.
  • Bausch Health Companies Inc.
  • BenQ Corp.
  • Cantor and Nissel Ltd.
  • Carl Zeiss AG
  • HOYA Corp.
  • Johnson and Johnson
  • Menicon Co. Ltd.
  • Metro Optics
  • Novartis AG
  • Precision Technology Services Ltd.
  • SEED Co. Ltd.
  • STAAR Surgical Co.
  • SynergEyes Inc.
  • The Cooper Companies Inc.
  • UltraVision CLPL

 

This statistical study of the soft contact lens market encompasses successful business strategies deployed by the key vendors. The soft contact lens market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Avtlens.com - The company offers Naturalens Scleral gas permeable contact lenses that come with a simplified fitted aspheric design with a secondary distance zone to help alleviate glare and flare at night.
  • Bauschhealth.com - The company offers astigmatism contact lenses which is silicone hydrogel lens that combines moisture seal technology to help maintain 95 percent of lens moisture for providing patient all-day comfort.
  • Benq.com - The company offers eautrasil hydrophilic silicone technology contact lenses which enhance long-lasting comfort for brighter vision.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The soft contact lens market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Soft Contact Lens Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the soft contact lens market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for the Soft Contact Lens Market?

Soft Contact Lens Market Share by Geography

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40% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for the soft contact lens market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Penetration of modern technologies in the manufacture of contact lenses will facilitate the soft contact lens market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic hindered the region's overall growth of the soft contact lens market in 2020. However, a significant vaccination drive in this region in 2021 resulted in the easing of lockdown restrictions in several APAC countries, which, in turn, enabled stand-alone optical stores, as well as eye care outlets in malls, to resume operations, promoting the growth of the market in this region during the forecasted period. 

What are the Revenue-generating Product Segments in the Soft Contact Lens Market?

Soft Contact Lens Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The soft contact lens market share growth in the daily soft contact lens segment will be significant during the forecast period. Daily soft contact lenses are gaining popularity among consumers for benefits such as no day-to-day accumulation of lens deposits and no cleaning required. Thus, manufacturers are shifting their focus from hard contact lenses to comfortable soft contact lenses. Such a shift from manufacturers will boost the market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the soft contact lens market size and actionable market insights on post COVID-19 impact on each segment.

 

Soft Contact Lens Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.21%

Market growth 2022-2026

$ 1.74 billion

Market structure

Fragmented

YoY growth (%)

2.42

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 40%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Advanced Vision Technologies, Appenzeller Kontaktlinsen AG, Art Optical Contact Lens Inc., Bausch Health Companies Inc., BenQ Corp., Cantor and Nissel Ltd., Carl Zeiss AG, HOYA Corp., Johnson and Johnson, Menicon Co. Ltd., Metro Optics, Novartis AG, Precision Technology Services Ltd., SEED Co. Ltd., STAAR Surgical Co., SynergEyes Inc., The Cooper Companies Inc., and UltraVision CLPL

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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What are the Key Data Covered in this Soft Contact Lens Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive soft contact lens market growth during the next five years
  • Precise estimation of the soft contact lens market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the soft contact lens industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of soft contact lens market vendors

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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 Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • 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 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 25: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 27: Chart on Comparison by Product
      • Exhibit 28: Data Table on Comparison by Product
    • 5.3 Daily soft contact lens - Market size and forecast 2021-2026
      • Exhibit 29: Chart on Daily soft contact lens - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Data Table on Daily soft contact lens - Market size and forecast 2021-2026 ($ million)
      • Exhibit 31: Chart on Daily soft contact lens - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on Daily soft contact lens - Year-over-year growth 2021-2026 (%)
    • 5.4 Weekly replacement lens - Market size and forecast 2021-2026
      • Exhibit 33: Chart on Weekly replacement lens - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Data Table on Weekly replacement lens - Market size and forecast 2021-2026 ($ million)
      • Exhibit 35: Chart on Weekly replacement lens - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on Weekly replacement lens - Year-over-year growth 2021-2026 (%)
    • 5.5 Monthly replacement lens - Market size and forecast 2021-2026
      • Exhibit 37: Chart on Monthly replacement lens - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Data Table on Monthly replacement lens - Market size and forecast 2021-2026 ($ million)
      • Exhibit 39: Chart on Monthly replacement lens - Year-over-year growth 2021-2026 (%)
      • Exhibit 40: Data Table on Monthly replacement lens - Year-over-year growth 2021-2026 (%)
    • 5.6 Others - Market size and forecast 2021-2026
      • Exhibit 41: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 44: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.7 Market opportunity by Product
      • Exhibit 45: Market opportunity by Product ($ million)

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 46: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 47: Data Table on Application - Market share 2021-2026 (%)
    • 6.2 Comparison by Application
      • Exhibit 48: Chart on Comparison by Application
      • Exhibit 49: Data Table on Comparison by Application
    • 6.3 Corrective lens - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Corrective lens - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Corrective lens - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Corrective lens - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Corrective lens - Year-over-year growth 2021-2026 (%)
    • 6.4 Therapeutic lens - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Therapeutic lens - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Therapeutic lens - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Therapeutic lens - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Therapeutic lens - Year-over-year growth 2021-2026 (%)
    • 6.5 Cosmetic lens - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Cosmetic lens - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Cosmetic lens - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Cosmetic lens - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Cosmetic lens - Year-over-year growth 2021-2026 (%)
    • 6.6 Market opportunity by Application
      • Exhibit 62: Market opportunity by Application ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 64: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 65: Data Table on Market share by geography 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 66: Chart on Geographic comparison
      • Exhibit 67: Data Table on Geographic comparison
    • 8.3 North America - Market size and forecast 2021-2026
      • Exhibit 68: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 69: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 70: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 71: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 8.4 Europe - Market size and forecast 2021-2026
      • Exhibit 72: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 73: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 74: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 75: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 8.5 APAC - Market size and forecast 2021-2026
      • Exhibit 76: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 77: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 78: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 79: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 8.6 South America - Market size and forecast 2021-2026
      • Exhibit 80: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 81: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 82: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 83: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 8.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 84: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 85: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 86: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 87: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 8.8 US - Market size and forecast 2021-2026
      • Exhibit 88: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 89: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 90: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 91: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.9 Germany - Market size and forecast 2021-2026
      • Exhibit 92: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 93: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 94: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 95: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 8.10 China - Market size and forecast 2021-2026
      • Exhibit 96: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 97: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 98: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 99: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 8.11 UK - Market size and forecast 2021-2026
      • Exhibit 100: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 101: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 102: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 103: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 8.12 Japan - Market size and forecast 2021-2026
      • Exhibit 104: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 105: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 106: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 107: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 8.13 Market opportunity by geography
      • Exhibit 108: Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 11.3 Advanced Vision Technologies
              • Exhibit 115: Advanced Vision Technologies - Overview
              • Exhibit 116: Advanced Vision Technologies - Product / Service
              • Exhibit 117: Advanced Vision Technologies - Key offerings
            • 11.4 Bausch Health Companies Inc.
              • Exhibit 118: Bausch Health Companies Inc. - Overview
              • Exhibit 119: Bausch Health Companies Inc. - Business segments
              • Exhibit 120: Bausch Health Companies Inc. - Key news
              • Exhibit 121: Bausch Health Companies Inc. - Key offerings
              • Exhibit 122: Bausch Health Companies Inc. - Segment focus
            • 11.5 BenQ Corp.
              • Exhibit 123: BenQ Corp. - Overview
              • Exhibit 124: BenQ Corp. - Product / Service
              • Exhibit 125: BenQ Corp. - Key offerings
            • 11.6 Carl Zeiss AG
              • Exhibit 126: Carl Zeiss AG - Overview
              • Exhibit 127: Carl Zeiss AG - Business segments
              • Exhibit 128: Carl Zeiss AG - Key offerings
              • Exhibit 129: Carl Zeiss AG - Segment focus
            • 11.7 HOYA Corp.
              • Exhibit 130: HOYA Corp. - Overview
              • Exhibit 131: HOYA Corp. - Business segments
              • Exhibit 132: HOYA Corp. - Key offerings
              • Exhibit 133: HOYA Corp. - Segment focus
            • 11.8 Johnson and Johnson
              • Exhibit 134: Johnson and Johnson - Overview
              • Exhibit 135: Johnson and Johnson - Business segments
              • Exhibit 136: Johnson and Johnson - Key news
              • Exhibit 137: Johnson and Johnson - Key offerings
              • Exhibit 138: Johnson and Johnson - Segment focus
            • 11.9 Menicon Co. Ltd.
              • Exhibit 139: Menicon Co. Ltd. - Overview
              • Exhibit 140: Menicon Co. Ltd. - Product / Service
              • Exhibit 141: Menicon Co. Ltd. - Key news
              • Exhibit 142: Menicon Co. Ltd. - Key offerings
            • 11.10 Novartis AG
              • Exhibit 143: Novartis AG - Overview
              • Exhibit 144: Novartis AG - Business segments
              • Exhibit 145: Novartis AG - Key offerings
              • Exhibit 146: Novartis AG - Segment focus
            • 11.11 SEED Co. Ltd.
              • Exhibit 147: SEED Co. Ltd. - Overview
              • Exhibit 148: SEED Co. Ltd. - Product / Service
              • Exhibit 149: SEED Co. Ltd. - Key offerings
            • 11.12 The Cooper Companies Inc.
              • Exhibit 150: The Cooper Companies Inc. - Overview
              • Exhibit 151: The Cooper Companies Inc. - Business segments
              • Exhibit 152: The Cooper Companies Inc. - Key offerings
              • Exhibit 153: The Cooper Companies Inc. - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 154: Inclusions checklist
                • Exhibit 155: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 156: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 157: Research methodology
                • Exhibit 158: Validation techniques employed for market sizing
                • Exhibit 159: Information sources
              • 12.5 List of abbreviations
                • Exhibit 160: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Soft Contact Lens market growth will increase by $1712.21 million during 2022-2026.
              The soft contact lens market is expected to grow at a CAGR of 3.19% during 2022-2026.
              Technavio has segmented the soft contact lens market by product (Daily soft contact lens, Weekly replacement lens, Monthly replacement lens, and Others) ,application (Corrective lens, Therapeutic lens, and Cosmetic lens) , and geographic (North America, Europe, APAC, South America, and MEA).
              Bausch Health Companies Inc., BenQ Corp., Carl Zeiss AG, EssilorLuxottica SA, HOYA Corp., Johnson & Johnson, Menicon Co. Ltd., Novartis AG, SEED Co. Ltd., The Cooper Companies Inc. are a few of the key vendors in the soft contact lens market.
              APAC will register the highest growth rate of 42.24% among the other regions. Therefore, the soft contact lens market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              • US
              • Japan
              • China
              • UK
              • Germany
              • France
              The key factors driving the soft contact lens market growth are:
              • Rise in the number of people with eye disorders
              The soft contact lens market vendors should focus on grabbing business opportunities from the daily soft contact lens segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Five-force market analysis

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