attributed to the growth of the market include usage in treating age-related ophthalmic syndromes such as
presbyopia. Multifocal lens segment is followed by “Spherical Lens” segment and anticipated to grow high in
the forecast period.
The market could be explored based on usage as Cosmetic, Therapeutic, Corrective, Lifestyle-oriented,
Prosthetic, and others. The “Corrective Lens” segment led the market in 2017 and will continue to lead in the
forecast period. The key factors that could be attributed to the growth of the market include increasing
consciousness among people and increasing demand. The “Corrective Lens” segment is followed by the
“Therapeutic” segment in the years to come. The market could be explored based on technology as Lathe
Cutting, Spin Casting and Cast Molding.
North America accounted for the major share of the contact lens solutions market in 2017 and will continue to
lead in the forecast period. The factors that could be attributed to the growth include significant government
funding for drug development, the occurrence of improved healthcare infrastructure, large-scale saturation of
contact lens and economies such as the Canada and US are observing the introduction of numerous innovative
products. North America is followed by the North American region.
Some of the key players that fuel the growth of the contact lens solutions market comprise Novartis AG, Johnson
&Johnson Vision Care, Bausch + Lomb, Cooper, NEOVISION CO, LTD, Neovision Co, Ltd, Menicon Co., Ltd, Hoya
Corporation, Seed Co. Ltd, Oculus Private Limited, Beacon Co., Ltd, St. Shine Optical Co., Ltd and CAMAX OPTICAL
CORP. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order
to boost the inorganic growth of the industry.
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