The market could be explored by product type, design, usage, technology, and geography. Market by product type
could span Soft lens, RPG lens, and Hybrid lens. The “Hybrid lens” segment led the contact lens solutions market in
2017 and will continue to lead in the forecast period.
Based on design, the market could span Multifocal, Toric, Spherical, and Others. The “Multifocal Lenses” 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 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.
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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.
Market Segment:
Leading players of Contact Lens Solution including:
• Alcon
• Ciba Vision
• Bausch