Europe Prescription Lens Market Size, Share & Industry Trends Analysis Report By Coating, By Application (Myopia, Hyperopia/Hypermetropia, Astigmatism and Presbyopia), By Type, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Prescription Lens Market would witness market growth of 5.0% CAGR during the forecast period (2022-2028).
Individuals who spend hours in front of computers may experience a variety of eye issues. Therefore, businesses are developing cutting-edge technologies to improve prescription lenses, which can shield the wearer from dangerous computer radiation. Prescription lenses made exclusively for computer use are offered by various companies like GUNNAR Optiks. Along with other lens technologies, blue light blocking technology was used in the development of these lenses. The creation of such cutting-edge prescription lenses will boost the market's overall expansion.
The availability of online platforms for vision testing, together with the use of cutting-edge technology and the creation of improved prescription lenses, is estimated to spur market growth. One of the beneficial measures used by the business to make vision care convenient and available is online vision testing. These online exams should aid in the quick identification of refractive problems, which will encourage the use of prescription lenses in their correction.
Europe makes it much easier to offer new products, especially if they are unique. A product must possess CE certification in order to be marketed in Europe. It ensures that the manufacturer's product complies with all applicable European Community directives. Users see this as proof that lenses with CE approval are dependable and safe to wear. Research and development are now being used more frequently in the fields of optics and optometry to progress technologies.
The Germany market dominated the Europe Prescription Lens Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,258.6 million by 2028.The UK market is anticipated to grow at a CAGR of 4.2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 5.8% during (2022 - 2028).
Based on Coating the market is segmented into Anti-reflective, Scratch Resistant Coating, Anti-fog Coating and Ultraviolet Treatment. Based on Application, the market is segmented into Myopia, Hyperopia/Hypermetropia, Astigmatism and Presbyopia. Based on Type the market is segmented into Single Vision, Workspace Progressives, Progressive, Trifocal, Bifocal and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Prescription Lens Market will Hit $63.8 Billion by 2028, at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include EssilorLuxottica SA (Essilor Instruments USA), Carl Zeiss AG, Hoya Corporation, VISION EASE, Privé Revaux, and Vision Rx Lab Pvt. Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Coating
- Anti-reflective
- Scratch Resistant Coating
- Anti-fog Coating
- Ultraviolet Treatment
By Application
- Myopia
- Hyperopia/Hypermetropia
- Astigmatism
- Presbyopia
By Type
- Single Vision
- Workspace Progressives
- Progressive
- Trifocal
- Bifocal
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- EssilorLuxottica SA (Essilor Instruments USA)
- Carl Zeiss AG
- Hoya Corporation
- VISION EASE
- Privé Revaux
- Vision Rx Lab Pvt. Ltd.
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