Smart Contact Lens Market Outlook Industry Share, Growth, Drivers, Emerging Technologies, and Forecast Research Report 2029
Based on
design, the smart contact lens market is
segmented into microLED display contact lens, diagnostic sensor integrated
contact lens, photodetector contact lenses, drug eluding contact lenses,
electrochemical contact lens sensors, light diffractive contact lenses,
fluorescence-based contact lenses and others.Smart contact lens market are an
advanced optics technology designed to enhance human possibilities. Smart
contact lens market is expected to grow in the forecast period of 2022 to 2029.
Data Bridge Market Research analyses that the market is growing with a CAGR of 12.2% in the forecast period of
2022 to 2029. The increase in healthcare expenditure and funding are the major
drivers which propelled the demand of the market in the forecast period.
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Market Analysis and Insights
However, side effects associated with smart contact
lens market may hamper the future growth of the smart contact lens market. Adoption of
strategic alliances like partnerships and acquisitions by key market players is
an opportunity for the growth of the smart contact lens market.
· Smart Contact Lens Market,
· By Design
(MicroLED Display Contact Lens, Diagnostic Sensor Integrated Contact Lens,
Photodetector Contact Lenses, Drug Eluding Contact Lenses, Electrochemical
Contact Lens Sensors, Light Diffractive Contact Lenses, Fluorescence-Based
Contact Lenses, Others),
· Material
(Graphene, Hydrogel Contact Lenses, Conducting Polymers, Hybrid Contact Lenses,
Metal Nanowires, Carbon Nanotubes, Inorganic Magnetic Oxide Nanosheets, Metal
MESH-Structures, Peptide Modified Gold Nanobowls (AUNBS)),
· Application
(Diabetes/Continuous Glucose Monitoring/Glaucoma, Intraocular Pressure
Monitoring, Farsightedness, Eye Health Monitor, Cataracts, Drug Delivery, Night
Vision, Others),
· Distribution
Channel (Clinics, Retail Stores, E-Commerce, Hospitals),
· End User
(Clinics, Hospitals, Home Care Settings, Others)- Industry Trends and Forecast
to 2029
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Smart Contact
Lens Market Scope
The
growth among segments helps you analyze niche pockets of development and
strategies to approach the market and determine your core application areas and
the difference in your target markets.
Design
·
MicroLED Display Contact Lens
·
Diagnostic Sensor Integrated Contact Lens
·
Photodetector Contact Lenses
·
Drug Eluding Contact Lenses
·
Electrochemical Contact Lens Sensors
·
Light Diffractive Contact Lenses
·
Fluorescence-Based Contact Lenses
·
Others
Material
·
Graphene
·
Hydrogel Contact Lenses
·
Conducting Polymers
·
Hybrid Contact Lenses
·
Metal Nanowires
·
Carbon Nanotubes
·
Inorganic Magnetic Oxide Nanosheets
·
Metal MESH-Structures
·
Peptide Modified Gold Nanobowls (AUNBS)
Based on
material, the smart contact lens market
is segmented into graphene, hydrogel contact lenses, conducting polymers,
hybrid contact lenses, metal nanowires, carbon nanotubes, and inorganic
magnetic oxide nanosheets, metal MESH-structures, peptide modified gold
nanobowls (AUNBS).
Application
·
Diabetes/Continuous Glucose Monitoring/Glaucoma
·
Intraocular Pressure Monitoring
·
Farsightedness
·
Eye Health Monitor
·
Cataracts
·
Drug Delivery
·
Night Vision
·
Others
Based on
application, the smart contact lens
market is segmented into diabetes/continuous glucose monitoring/glaucoma,
intraocular pressure monitoring, farsightedness, eye health monitor, cataracts,
drug delivery, night vision, others
Distribution
Channel
·
Clinics
·
Retail Stores
·
E-Commerce
·
Hospitals
Based on
distribution channel, the smart contact
lens market is segmented into clinics, retail stores, e-commerce and hospitals.
End User
·
Clinics
·
Hospitals
·
Home Care Settings
·
Others
Smart Contact Lens Market Country Level
Analysis
The country
section of the report also provides individual market impacting factors and
changes in regulations in the market that impact the current and future trends
of the market. Data points, such as new and replacement sales, country
demographics, disease epidemiology, and import-export tariffs, are some of the
major pointers used to forecast the market scenario for individual countries.
In addition, the presence and availability of Asia-Pacific brands and their
challenges faced due to high competition from local and domestic brands and the
impact of sales channels are considered while providing forecast analysis of
the country data.China is expected to dominate the Smart Contact Lens Market during the forecast
period due to the growing market of meat alternatives across the globe.The
countries covered in the Smart Contact
Lens Market report are Japan, China, South Korea, India, Australia, Singapore,
Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific.
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Major TOC of the Smart Contact Lens Market Report
Chapter One:
MARKET
SEGEMENTATION
EXECUTIVE SUMMARY
PREMIUM INSIGHTS
MARKET
OVERVIEW
Competitive Landscape and Smart Contact Lens Market Share Analysis
Details included are company overview,
company financials, revenue generated, market potential, investment in research
and development, new market initiatives, production sites and facilities,
company strengths and weaknesses, product launch, product trials pipelines,
product approvals, patents, product width and breadth, application dominance,
technology lifeline curve. The above data points provided are only related to
the company's focus related to smart
contact lens market.
The major companies
dealing in the smart contact lens market
are
·
Mojo Vision Inc. (U.S.),
·
GlakoLens Biyomedikal Biyoteknoloji San. ve Tic. A.Ş (Turkey),
·
RaayonNova LLC (U.S.),
·
STMicroelectronics (Switzerland),
·
Sensimed AG (Switzerland),
·
Google. LLC (U.S.),
·
SAMSUNG (South Korea),
·
Sony Corporation (Japan),
·
Google (U.S.),
·
Innovega Inc. (U.S.),
·
MediPrint™ Ophthalmics (U.S.),
· and others.
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