Prescription lens market is expected to gain market growth in the forecast period of 2020 to 2027. Increase acceptance and usage of eyewear products in general and prescription eyewear i particularly is a growth driver for the market.
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Prescription sunglasses are used for the protection of eyes from the harmful ultraviolet radiations which can cause permanent damage to the eyes. They help in resolving the inability of the eyes to project the light on retina for enhanced vision, as they are available in different shapes and coatings and are preferred as per the refractive order.
Growing prevalence of reflective error cases mainly astigmatism and myopia are driving the growth of the market. Various eye problems occur in people working for hours in front of the computer, as the companies are working to advanced technology to enhance the prescription lens that protects the persons from harmful radiations of the computer. Thus the development of such technologically advanced prescription lens will contribute in the growth of the market. Along with advanced technologies and development of enhanced prescriptions lenses, online platforms for vision testing are also expected to drive the growth of the market. Online tests are expected to help in rapid diagnosis of refractive errors and will propel the growth of the market. Growing disposable income has encouraged people to buy perfect eyewear products that are in proper combination with their increasing living standards. Moreover, young generation are investing in trending sunglasses and lens, youth goes for contact lenses to accentuate their appearance, thus due to fashion consciousness and living standards will create growth opportunities for prescription lens market in the forecast period of 2020-2027.
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Global Prescription Lens Market Scope and Market Size
Prescription lens market is segmented on the basis of type, application and lens coating. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the prescription lens market is segmented into single vision, bifocal, trifocal, progressive, workspace progressive and others.
- On the basis of application, the prescription lens market is segmented into myopia, hyperopia/hypermetropia, astigmatism and presbyopia.
- Based on lens coating, the prescription lens market is segmented into anti-reflective, scratch resistant coating, anti-fog coating and ultraviolet.
Prescription Lens Market Country Level Analysis
Prescription lens market is analysed and market size insights and trends are provided by country, type, application and lens coating as referenced above.
The countries covered in the prescription lens market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Competitive Landscape and Prescription Lens Market Share Analysis
Prescription lens market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related prescription lens market.
The major players covered in the prescription lens market report are De Rigo Vision S.p.A., Essilor, Fielmann, Lanvin, LUXOTTICA GROUP P.IVA, LVMH, Marchon Eyewear, Inc., Marcolin SpA., Maui Jim, Safilo Group S.p.A., Alexander McQueen, Michael Kors, Pivothead, Specsavers, FASTRACK LTD., CHARMANT Group, De Rigo Vision S.p.A., XIAMEN ASA SUNGLASSES CO., LTD., Kyboe., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
