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.
Scope of the Report:
This report focuses on the Smart Contact Lenses market in global, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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.
The worldwide market for Smart Contact Lenses is expected to grow at a CAGR of roughly 67.6% over the next five years, will reach 1270 million US$ in 2023, from 57 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- Sensimed AG
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Disposable Type
- Frequent Replacement Type
Market Segment by Applications, can be divided into
- Medical Field
- Military Field
- Social Entertainment
There are 15 Chapters to deeply display the global Smart Contact Lenses market.
- Chapter 1, to describe Smart Contact Lenses Introduction, product scope, market overview, market opportunities, market risk, market driving force;
- Chapter 2, to analyze the top manufacturers of Smart Contact Lenses, with sales, revenue, and price of Smart Contact Lenses, in 2016 and 2017;
- Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
- Chapter 4, to show the global market by regions, with sales, revenue and market share of Smart Contact Lenses, for each region, from 2013 to 2018;
- Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
- Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
- Chapter 12, Smart Contact Lenses market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
- Chapter 13, 14 and 15, to describe Smart Contact Lenses sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Table of Content
1 Market Overview
1.1 Smart Contact Lenses Introduction
1.2 Market Analysis by Type
1.2.1 Disposable Type
2 Manufacturers Profiles
2.1 Sensimed AG
2.1.1 Business Overview
2.1.2 Smart Contact Lenses Type and Applications
220.127.116.11 Product A
18.104.22.168 Product B
3 Global Smart Contact Lenses Sales, Revenue, Market Share and Competition by Manufacturer (2016–2017)
3.1 Global Smart Contact Lenses Sales and Market Share by Manufacturer (2016–2017)
3.2 Global Smart Contact Lenses Revenue and Market Share by Manufacturer (2016–2017)
3.3 Market Concentration Rate
Key Que Answered in this report:
What will the Smart Contact Lenses market the growth rate be in 2025?
What are the key factors driving the Global Smart Contact Lenses market?
Smart Contact Lenses market with a focus on the Chinese market?
What are the key market trends in Smart Contact Lenses market impacting the growth of the Global Smart Contact Lenses market?
What are the challenges to Global Smart Contact Lenses market?
What are the market opportunities and threats faced by the vendors in the Global Smart Contact Lenses market?
What are the key outcomes of the five forces analysis of Smart Contact Lenses market?
What is our report offers:
Strategic suggestions and proposals for the beginners to understand
Assessments of the market share from different countries and regions were conducted
Top key market players, market share analysis included.
The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.
The competitive landscaping mappings of the ongoing trends are discussed.
Based on the market estimations, the strategic recommendations are made in the business segments
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