Photochromic Lenses Market

16 May

Sample

Photochromic Lenses Market Poised to Grow at a CAGR of 3.7% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Photochromic Lenses Market. The report presents analysis of global as well as regional markets of photochromic lenses market over the period of 2016 to 2024. Photochromic Lenses are optical lenses that gradually darkens when exposed to specific types of light of sufficient intensity and return to their original state when it is removed. These provide greater comfort to eyes and protection against the ultraviolet rays and other light with high intensity. Formation of photochromic lenses uses different materials such as polycarbonate, glass and plastic. Photochromic Lenses usually are used in the sunglasses and window that darken when sunshine’s to bright and immediately become clear in low light condition. They are used who suffers from eye surgery caused by the diabetic retinopathy and cataract.

 

According to the latest assessment of World Health Organization, cataract is responsible for 51% of world blindness that represents about 20 million people. Growing aged population across the world along increasing the prevalence of eye diseases and rising the awareness related to eye diseases are driving the growth of Photochromic Lenses Market. Moreover, Photochromic lenses are used for the vision correction among the older people and introduction of improved quality of Photochromic Lenses are likely to have positive impact on the market. However, the discomfort related to use of Photochromic Lenses market hampers the growth of photochromic lenses market. Moreover, Rapid growing population among the world and more technological advancement are anticipated to create growth opportunities for the Photochromic Lenses Market in near future. Among the Geographies, Europe was the leading region for the photochromic market followed by the North America. The focus on research and development activities in the photochromic lenses and growing aged population are expected to create a demand for this market in this region. North America is the second largest region for the Photochromic Lenses Market. Rising merger and acquisition among the leading manufacturers and increasing the prevelaves of chronic eye diseases are the major factors anticipated to boost the market in this region. The Asia pacific region is projected grow at the high growth rate in Photochromic Lenses Market over the forecast period. The countries such as china and India are the fastest growing region in this market. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global photochromic lenses market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global photochromic lenses market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1654 

 

The recent report identified that Europe dominated the global photochromic lenses market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the photochromic lenses market worldwide.

 

The report segments the global photochromic lenses market on the basis of Technology Type, Distribution Channel and Lenses type.

 

Global Photochromic Lenses Market by Technology Type

·         In Mass

·         Imbibing And Trans Bonding

·         UV And Visible Light

 

Global Photochromic Lenses Market by Distribution Channel

·         Online

·         Optical Chains

·         Independent Eye Care Professionals

 

Global Photochromic Lenses Market by Lenses Type

·         Glass

·         Polycarbonate

·         Plastic

 

Companies Profiled in the Report

·         Carl Zeiss Meditec AG

·         Corning Incorporated

·         Essilor International S.A.

·         Vision Dynamics LLC

·         SEIKO OPTICAL PRODUCTS CO., LTD.

·         TOKAI OPTICAL CO., LTD.

·         Optiswiss AG

·         Transitions Optical Limited

·         HOYA Corporation

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.