LAMEA 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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Get in-depth analysis of the COVID-19 impact on the LAMEA Prescription Lens Market
Market Report Description
The Latin America, Middle East and Africa Prescription Lens Market would witness market growth of 8.5% CAGR during the forecast period (2022-2028).
Some of the UV treatment lenses are made of high-index polymers and polycarbonate, which absorb radiation and shield the eye from dangerous rays. Some UV lenses includes a photochromic coating. When exposed to UV and high-energy visual (HEV) light rays, this darkens the lenses, and when indoors, it gets clearer. Players in the market are concentrating on creating prescription lenses with UV protection for better eyesight. For the purpose of certifying UV protection for the eye and skin around it, the business created the eye-sun Protection Factor (E-SPF).
Prescription lenses of the highest calibre can be personalized to meet the needs of user. One can add scratch-resistant features if someone frequently scratch the lenses. One doesn’t have to choose from a small selection; one can personalize the prescription lenses they feel like. Possible choices for customization include lens made of polycarbonate, resistance to scratching, and photostable optics.
The UAE's healthcare sector has expanded in response to the country's desire to become a regional hub for medical tourism as well as the changing needs of the people. The COVID-19 outbreak has made the U.A.E. more committed to investing in healthcare. As per WHO, one in five people living in the UAE is afflicted with a disease. These populations continue to seek better quality healthcare as the prevalence of lifestyle diseases rises, supported by relatively high-income levels. The government has focused on creating the necessary healthcare infrastructure to satisfy this demand.
The Brazil market dominated the LAMEA Prescription Lens Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,092.7 million by 2028.The Argentina market is experiencing a CAGR of 9.1% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 8.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Prescription Lens Market is Predict to reach $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:
- Scratch Resistant Coating
- Anti-fog Coating
- Ultraviolet Treatment
- Single Vision
- Workspace Progressives
- Saudi Arabia
- South Africa
- Rest of LAMEA
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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