Report ID: SQMIG30L2194
Report ID:
SQMIG30L2194 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
117 |
Figures:
76
Alcon, Bausch + Lomb, Cooper Companies Inc., and Johnson & Johnson Vision Care, Inc. have a robust distribution network that has helped them dominate the market. Cooper Companies Inc., Alcon, and Johnson & Johnson Vision Care, Inc. are among the leading companies that have consolidated the global market. The broad range of products offered by these devices, clever alliances, and a powerful distribution network is credited with these businesses' supremacy in the market. The major market players are introducing technologically sophisticated products to obtain an advantage over rival market competitors. For instance, Alcon announced in January 2022 that Dailies TOTAL1 would be available to astigmatic patients in the United States. The first water gradient lens was introduced to give patients a comfortable fit. The other market participants, such as Carl Zeiss Meditec AG, Hoya Corporation, and Menicon Co., Ltd., are also concentrating on expansion strategies to serve emerging markets around the world.
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REQUEST FREE CUSTOMIZATIONContact Lens Market size was valued at USD 14.6 billion in 2019 and is poised to grow from USD 15.4 billion in 2023 to USD 21.6 billion by 2031, growing at a CAGR of 4.3% in the forecast period (2024-2031).
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Report ID: SQMIG30L2194