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Pulished Date February, 2020
ID: 1617
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Asia Pacific Contact Lenses Market Research Report – Segmented By Material, Application, Design, Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) - Industry Analysis, Size, Share, Growth, Trends, Forecast | 2020 to 2025

Pulished: February, 2020
ID: 1617
Pages: 145

The size of the Asia Pacific Contact Lenses Market is expected to worth USD 3.7 billion by 2025 from USD 2.5 billion in 2020, growing at a CAGR of 8.16 % during the forecast period.

Growing focus on the development of new features in research centres is a key driving factor for the market to grow. Increasing awareness over the availability of different lenses according to the design and colour is elevating the demand of the contact lenses market in the Asia Pacific. In addition, the rise in the geriatric population across the region is one more factor accelerating the growth rate of the market to the extent. People's interest in outdoor activities is likely to outshine the demand of the market in the Asia Pacific. Increasing the prevalence of easy wearability and convenient lenses is also promoting the growth rate of the market. Besides, escalating expenditure on healthcare especially in developed and developing countries is fuelling the growth rate of the market in this region. 

However, fluctuations in the availability of different raw materials to manufacture the latest designs with advanced technology in some areas are hindering the growth rate of the market. Lack of proper knowledge over the availability of these lenses in rural areas has remained a challenging factor for the market developers. The dearth of skilled ophthalmologists is also a factor limiting the growth rate of the contact lenses market in the Asia Pacific. 

This research report has been segmented & sub-segmented into the following categories:

  • By Material: Soft Contact Lenses, Silicone Hydrogel Lenses, Rigid Gas Permeable (RGP) Contact Lenses, Hybrid Contact Lenses, and Polymethyl Methacrylate (PMMA) Contact Lenses.
  • By Application: Therapeutic Contact Lenses, Cosmetic Contact Lenses and others.
  • By Design: Spherical, Bifocal, Orthokeratology and Toric.
  • By Country: India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC

Regionally, the Indian contact lenses market has a high growth rate in India. The increasing number of problem-related to the eye is a key growth factor in this market. The contact lenses are becoming more advance in term of quality, durability and handling. There is a great awareness regarding the hygienic benefit of contact lenses; this is propelling the market growth. The young population is the potential customer for contact lenses. The key players are creating awareness about the benefit of the contact lenses, which is to fuel the demand for the contact lenses market.

The contact lenses market is growing in China. There is a rising demand for disposable contact lenses from the past few years, and this is driving the growth rate of the market. The online market is dominating the contact lenses market in china.

The Japanese contact lenses market is rapidly growing. The 90% of the market is occupied by disposable lenses market. Increasing use of soft contact lenses is driving the market in Japan.

The Australian contact lenses market is driven by technological advancement. In addition, rising geriatric population and increasing demand for advanced treatment procedures are surging the demand of the market.

The contact lenses market in South Korea is growing. The key factor driving the market is the launch of new product development and the increase in the use of soft gel lenses.

Noteworthy companies in the APAC Contact Lenses market profiled in this report are Johnson & Johnson, Bausch & Lomb, CooperVision, Hydrogel Vision Corp, Abbott Medical Optics, Inc., Alcon Laboratories, Inc., Carl Zeiss AG, CIBA Vision, Essilor International and Contamac.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Material                       

                                5.1.1 Introduction           

                                5.1.2 Soft Contact Lenses            

                                5.1.3 Silicone Hydrogel Lenses   

                                5.1.4 Rigid Gas Permeable (RGP) Contact Lenses              

                                5.1.5 Hybrid Contact Lenses       

                                5.1.6 Polymethyl Methacrylate (PMMA) Contact Lenses    

                                5.1.7  Y-o-Y Growth Analysis, By Product      

                                5.1.8  Market Attractiveness Analysis, By Product            

                                5.1.9  Market Share Analysis, By Product              

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Therapeutic Contact Lenses            

                                5.2.3 Cosmetic Contact Lenses  

                                5.2.4 Others      

                                5.2.5  Y-o-Y Growth Analysis, By Type    

                                5.2.6  Market Attractiveness Analysis, By Type  

                                5.2.7  Market Share Analysis, By Type    

                5.3 Design                          

                                5.3.1 Introduction           

                                5.3.2 Spherical  

                                5.3.3 Bifocal       

                                5.3.4 Orthokeratology   

                                5.3.5 Toric           

                                5.3.6  Y-o-Y Growth Analysis, By Application        

                                5.3.7  Market Attractiveness Analysis, By Application      

                                5.3.8  Market Share Analysis, By Application       

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Product

                                                6.1.3.3 By Type

                                                6.1.3.4 By Application

                                                6.1.3.5 By Indication

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Product

                                                6.1.4.3 By Type

                                                6.1.4.4 By Application

                                                6.1.4.5 By Indication

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Product

                                                6.1.5.3 By Type

                                                6.1.5.4 By Application

                                                6.1.5.5 By Indication

                6.2 China                             

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea                               

                6.6 Australia                      

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 Johnson & Johnson                 

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Bausch & Lomb                         

                8.3 CooperVision                             

                8.4 Hydrogel Vision Corp                              

                8.5 Abbott Medical Optics, Inc                   

                8.6 Alcon Laboratories, Inc                          

                8.7 Carl Zeiss AG                              

                8.8 CIBA Vision                 

                8.9 Essilor International                                

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • 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
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Asia-Pacific Contact Lenses Market, By Material, From 2020 to 2025 ( USD Billion )
  2. Asia-Pacific Soft Contact Lenses Market By Region, From 2020 to 2025 ( USD Billion )
  3. Asia-Pacific Silicone Hydrogel Lenses Market By Region, From 2020 to 2025 ( USD Billion )
  4. Asia-Pacific Rigid Gas Permeable (RGP) Contact Lenses Market By Region, From 2020 to 2025 ( USD Billion )
  5. Asia-Pacific Hybrid Contact Lenses Market By Region, From 2020 to 2025 ( USD Billion )
  6. Asia-Pacific Polymethyl Methacrylate (PMMA) Contact Lenses Market By Region, From 2020 to 2025 ( USD Billion )
  7. Asia-Pacific Contact Lenses Market, By Application, From 2020 to 2025 ( USD Billion )
  8. Asia-Pacific Therapeutic Contact Lenses Market By Region, From 2020 to 2025 ( USD Billion )
  9. Asia-Pacific Cosmetic Contact Lenses Market By Region, From 2020 to 2025 ( USD Billion )
  10. Asia-Pacific Others Market By Region, From 2020 to 2025 ( USD Billion )
  11. Asia-Pacific Contact Lenses Market, By Design, From 2020 to 2025 ( USD Billion )
  12. Asia-Pacific Spherical Market By Region, From 2020 to 2025 ( USD Billion )
  13. Asia-Pacific Bifocal Market By Region, From 2020 to 2025 ( USD Billion )
  14. Asia-Pacific Orthokeratology Market By Region, From 2020 to 2025 ( USD Billion )
  15. Asia-Pacific Toric Market By Region, From 2020 to 2025 ( USD Billion )
  16. Japan Contact Lenses Market, By Material, From 2020 to 2025 ( USD Billion )
  17. Japan Contact Lenses Market, By Application, From 2020 to 2025 ( USD Billion )
  18. Japan Contact Lenses Market, By Design, From 2020 to 2025 ( USD Billion )
  19. China Contact Lenses Market, By Material, From 2020 to 2025 ( USD Billion )
  20. China Contact Lenses Market, By Application, From 2020 to 2025 ( USD Billion )
  21. China Contact Lenses Market, By Design, From 2020 to 2025 ( USD Billion )
  22. India Contact Lenses Market, By Material, From 2020 to 2025 ( USD Billion )
  23. India Contact Lenses Market, By Application, From 2020 to 2025 ( USD Billion )
  24. India Contact Lenses Market, By Design, From 2020 to 2025 ( USD Billion )
  25. Australia Contact Lenses Market, By Material, From 2020 to 2025 ( USD Billion )
  26. Australia Contact Lenses Market, By Application, From 2020 to 2025 ( USD Billion )
  27. Australia Contact Lenses Market, By Design, From 2020 to 2025 ( USD Billion )
  28. South Korea Contact Lenses Market, By Material, From 2020 to 2025 ( USD Billion )
  29. South Korea Contact Lenses Market, By Application, From 2020 to 2025 ( USD Billion )
  30. South Korea Contact Lenses Market, By Design, From 2020 to 2025 ( USD Billion )

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