The Global Smart Contact Lenses Market 2018 inspects the execution of the Smart Contact Lenses advertise, encasing a top to bottom judgment of the Smart Contact Lenses showcase state and the aggressive scene comprehensively. This report breaks down the capability of Smart Contact Lenses market in the present and in addition the future prospects from different points in detail.
In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Smart Contact Lenses market for 2018-2023.
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A contact lens, or simply contact or CL, is a thin lens placed directly on the surface of the eye. CLs are considered medical devices and can be worn to correct vision, or for cosmetic or therapeutic reasons. While, Smart Contact Lenses mains that a contact lens integrate a set of electronic components and formed a specific function. These lenses may be available in the future but are currently in proof-of concept or early to mid-stage development. They may be used to monitor diabetes by measuring tear glucose, intraocular pressure, or for presbyopia and myopia control, low vision. In addition, some contact lenses also integrated social entertainment features, for example you can simultaneous viewing of the world around you while are also viewing a small screen in a frame mounted projection system for learning, gaming or augmented reality. Smart contact lens technology involves filters, sensors, microchips and other miniaturized electronics which are embedded within contact lenses Drug-device combinations (contact lenses which elute pharmaceuticals) will be mentioned but not emphasized.
The technical barriers of smart contact lenses are high, and the smart contact lenses market concentration degree is relatively lower. The manufacturing bases concentration only in Switzerland; there is only one manufacturer in the world. And there are some companies researching, such as Google, Samsung, Sony, PEGL and others.
In the past few years, as the main raw material price was relatively stable, with the addition of a sharp increase in production capacity, expected that the smart contact lenses raw material price will be stable in the short term. However, the improvement of Competitiveness, energy, transportation costs, and employee wages, will play a significant role in promoting the cost of smart contact lenses.
There are companies focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and develop new products. But the high skills requirement may cause the study futile.
Over the next five years, LPI(LP Information) projects that Smart Contact Lenses will register a 67.6% CAGRin terms of revenue, reach US$ 1270 million by 2023, from US$ 57 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Contact Lenses market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Disposable Type
Frequent Replacement Type
Segmentation by application:
Medical Field
Military Field
Social Entertainment
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Sensimed AG
Samsung
Sony
PEGL
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Some of Major Point From TOC of Global Smart Contact Lenses Market 2018
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Smart Contact Lenses Consumption 2013-2023
2.1.2 Smart Contact Lenses Consumption CAGR by Region
2.2 Smart Contact Lenses Segment by Type
2.2.1 Disposable Type
2.2.2 Frequent Replacement Type
2.3 Smart Contact Lenses Consumption by Type
2.3.1 Global Smart Contact Lenses Consumption Market Share by Type (2013-2018)
2.3.2 Global Smart Contact Lenses Revenue and Market Share by Type (2013-2018)
2.3.3 Global Smart Contact Lenses Sale Price by Type (2013-2018)
2.4 Smart Contact Lenses Segment by Application
2.4.1 Medical Field
2.4.2 Military Field
2.4.3 Social Entertainment
2.4.4 Others
2.5 Smart Contact Lenses Consumption by Application
2.5.1 Global Smart Contact Lenses Consumption Market Share by Application (2013-2018)
2.5.2 Global Smart Contact Lenses Value and Market Share by Application (2013-2018)
2.5.3 Global Smart Contact Lenses Sale Price by Application (2013-2018)
Continued…
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