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Global Cosmetic Contact Lenses Market 2017 To 2021

Published on: May 2017 | From USD $3500 | Published By: INFINITI RESEARCH | Number Of Pages: 70

MIR Announces the Publication of its Research Report – Global Cosmetic Contact Lens Market

MIR recognizes the following companies as the key players in the global cosmetic contact lens market: The Cooper Companies, Johnson & Johnson, Novartis and Valeant.

Other Prominent Vendors in the market are: Carl Zeiss, Essilor, HOYA GROUP, UltraVision CLPL and Wesley Jessen.

Commenting on the report, an analyst from MIR’s team said: “One trend in the market is introduction of smart contact lenses. Smart contact lenses are creating a buzz in the market. Smart contacts, which are generally colored, have witnessed a notable increase in research by companies such as Google and Samsung to develop breakthrough innovations.”

According to the report, one driver in the market is rise in number of people with eye disorders. Eye disorders, such as refractive error, cataract, and glaucoma are increasingly leading to visual impairment or blindness. Some of the reasons for such disorders include increase in smoking, ultraviolet light exposure, or natural conditions.

Further, the report states that one challenge in the market is rising cases of counterfeit products. The increasing cases of counterfeit contact lenses being supplied to the market have led to a concern among the consumers and the governing authorities around the world. The US and South East Asian markets had more reports of counterfeit products being sold compared with any other market for contact lenses.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

About Cosmetic Contact lens

Cosmetic contact lenses, also known as decorative and colored lenses, include contacts that are tinted to change the appearance of a user's eye color. These contact lenses are also for correcting near and farsightedness and are available in variants, including soft or rigid gas permeable varieties.

MIR’s analysts forecast the global cosmetic contact lens market to grow at a CAGR of 4.96% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global cosmetic contact lens market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

MIR's report, Global Cosmetic Contact Lens Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• The Cooper Companies
• Johnson & Johnson
• Novartis
• Valeant

Other prominent vendors
• Carl Zeiss
• Essilor
• HOYA GROUP
• UltraVision CLPL
• Wesley Jessen

Market driver
• Rise in number of people with eye disorders
• For a full, detailed list, view our report

Market challenge
• Rising cases of counterfeit products
• For a full, detailed list, view our report

Market trend
• Introduction of smart contact lenses
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
• Market outline
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by distribution channel
• Market overview
PART 07: Geographical segmentation
• Market overview
• Cosmetic contact lenses market in Americas
• Cosmetic contact lenses market in EMEA
• Cosmetic contact lenses market in APAC
PART 08: Decision framework
PART 09: Drivers and challenges
• Market drivers
• Market challenges
PART 10: Market trends
• Rising demand for other vision care procedures
• Introduction of smart contact lenses
• Introduction of antimicrobial contact lenses
• Growing popularity of natural eye highlight variants
PART 11: Vendor landscape
• Competitive scenario
• Industry association
• Investment opportunity analysis
PART 12: Key vendor analysis
• The Cooper Companies
• Johnson & Johnson
• Novartis
• Valeant
• Other prominent vendors
PART 13: Appendix
• List of abbreviations
List of Exhibits 
Exhibit 01: Key pointers for stakeholders in global cosmetic contact lenses market
Exhibit 02: Contact lenses timeline
Exhibit 03: Research activity chart 2015
Exhibit 04: Global cosmetic contact lenses market 2016-2021 ($ millions)
Exhibit 05: Five forces analysis
Exhibit 06: Global cosmetic contact lenses market by distribution channel 2016 and 2021
Exhibit 07: Opportunity analysis of global cosmetic contact lenses market
Exhibit 08: Retail outlets in global cosmetic contact lenses market 2016-2021 ($ millions)
Exhibit 09: Online stores in global cosmetic contact lenses market 2016-2021 ($ millions)
Exhibit 10: Internet users region-wise 2016 (%)
Exhibit 11: Global cosmetic contact lenses market by geography 2016-2021 (% share)
Exhibit 12: Global cosmetic contact lens market by geography 2016-2021
Exhibit 13: Cosmetic contact lenses market in Americas 2016-2021 ($ millions)
Exhibit 14: US population with vision loss by age 2015 (%)
Exhibit 15: Cosmetic contact lenses market in EMEA 2016-2021 ($ millions)
Exhibit 16: Cosmetic contact lenses market in APAC 2016-2021 ($ millions)
Exhibit 17: Growth of e-commerce industry 2008-2015
Exhibit 18: Risk of infection comparison
Exhibit 19: Competitive parameters in global cosmetic contact lenses market
Exhibit 20: Strategic success factors of companies
Exhibit 21: Investment opportunity mapping

Companies Mentioned are -The Cooper Companies, Johnson & Johnson, Novartis Valeant, Carl Zeiss, Essilor, HOYA GROUP, UltraVision CLPL and Wesley Jessen.

Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes MIR Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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