Prescription Lens Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Prescription lens are prescribed by an ophthalmologist or optometrist which specifies the value of parameters necessary to dispense lens that are appropriate to the patient. Cases of vision impairment due to refractive errors are rising. Most of these cases remain unnoticed during the early stages. Prescription lens help in solving this incapability of the eyes to project the light on retina for improved vision. To control the rising cases of uncorrected refractive errors various organizations are focusing in the detection and treatment of these refractive errors.

MARKET DYNAMICS

Factors driving the prescription lens market's growth are increasing prevalence of refractive errors and rise in number of awareness programs. However, high correction and treatment cost of presbyopia and myopia is likely to hinder the market's growth. But, increasing investment by companies to come up with newer product to treat refractive errors are likely to further boost market growth for prescription lens.

MARKET SCOPE

The "Prescription Lens Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of prescription lens market with detailed market segmentation by type, application, and coating. The prescription lens market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in prescription lens market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The prescription lens market is segmented on the basis of type, application, and coating. On the basis of type, the market is categorized as single vision, bifocal, trifocal, progressive, workspace progressives, and others. On the basis of application, the market is categorized as myopia, hyperopia/hypermetropia, astigmatism, and presbyopia. On the basis of coating the market is categorized as anti-reflective, scratch resistant coating, anti-fog coating, and ultraviolet treatment.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the prescription lens market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The prescription lens market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting prescription lens market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the prescription lens market in these regions.

Prescription Lens Market Report Analysis

Prescription Lens Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Essilor
• Safilo Group S.p.A.
• Alexander McQueen
• Michael Kors
• Specsavers
• Marcolin S.p.A.
• Kyboe
• Pivothead
• Marchon Eyewear, Inc.

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Type

• Single Vision
• Bifocal
• Trifocal
• Progressive
• Workspace Progressives

By Application

• Myopia
• Hyperopia/ Hypermetropia
• Astigmatism
• Presbyopia

By Coating

• Anti-Reflective
• Scratch Resistant Coating
• Anti-Fog Coating
• Ultraviolet Treatment

MARKET PLAYERS

The report covers key developments in the prescription lens market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from prescription lens market are anticipated to have lucrative growth opportunities in the future with the rising demand for prescription lens in the global market. Below mentioned is the list of few companies engaged in the prescription lens market.

The report also includes the profiles of key players in prescription lens market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

•  Essilor
  
•  Safilo Group S.p.A.
  
•  Alexander McQueen
  
•  Michael Kors
  
•  Specsavers
  
•  Marcolin S.p.A.
  
•  Kyboe
  
•  Pivothead
  
•  Marchon Eyewear, Inc.
  
•  Fielmann
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Prescription Lens Market Report Scope