Contact Lens Market Analysis in India will Witness a YOY Growth Rate of 5.71% in 2022
The contact lens market share in India is expected to grow by USD 205.21 million, accelerating at a CAGR of 7.75% during the forecast period. Technavio's research report offers an in-depth analysis of the market with respect to different geographical segments. It also provides a detailed analysis of all the trends, drivers, and challenges that will impact the market during the coming years.
The contact lens market report in India also offers a breakdown of all the regional players and their market share along with their product portfolios. This research analysis will provide businesses with the insights necessary to plan their growth strategy.
Get a glimpse into the contact lens market analysis in India: View Free Sample Report
Contact Lens Market In India: India to lead market growth during the forecast period
- The contact lens market in India is segmented by product (frequent replacement lenses and daily disposable lenses) and distribution channel (online and offline).
- The contact lens market growth in India by the frequent replacement lenses segment has been significant.
- The rise in the number of people with eye disorders will notably drive market growth in India. However, the limitations of contact lenses may impede market growth.
- The report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus.
Contact Lens Market In India: Vendor Landscape
The market is fragmented due to the presence of several players. Some of the major contact lens market vendors in India are:
- Bausch Health Companies Inc.
- Carl Zeiss AG
- Dealskart Online Services Pvt. Ltd.
- Essilor International SAS
- HOYA Medical Singapore Pte. Ltd
- Johnson and Johnson Inc.
- Novartis AG
- Purecon Lenses Pvt. Ltd.
- The Cooper Companies Inc.
- Vision Express (UK) Ltd.
Download the Free PDF sample report for highlights on the market size, growth momentum, regional growth opportunities, vendor analysis, and other factors influencing the market growth.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerating at a CAGR of 7.75%.
- What is the incremental growth of the market?
The market is expected to grow by USD 205.21 million.
- What is a key factor driving this market?
The rise in the number of people with eye disorders will drive market growth over the forecast period.
- Who are the leading market vendors?
The leading vendors in this market are Bausch Health Companies Inc., Carl Zeiss AG, Dealskart Online Services Pvt. Ltd., Essilor International SAS, HOYA Medical Singapore Pte. Ltd, Johnson and Johnson Inc., Novartis AG, Purecon Lenses Pvt. Ltd., The Cooper Companies Inc., and Vision Express (UK) Ltd.
- What are the market segments covered in this report?
The market is segmented by Product (frequent replacement lenses and daily disposable lenses) and Distribution Channel (online and offline).
