Published Date: 31-Jul-2022
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According to a new report, published by KBV research, The Global Anti-Blue Ray Myopia Lenses Market size is expected to reach $3.7 billion by 2028, rising at a market growth of 7.7% CAGR during the forecast period.
The Hospital & Clinics segment is showcasing a CAGR of 7.9% during (2022 - 2028). This is a result of an increase in the number of cataract surgeries done in hospital settings. In addition to this, the increase in the number of independent ophthalmology clinics is responsible for the growth of the anti-blue ray myopia lenses market in this segment. The sale of anti-blue ray myopia lenses in this segment is also rising because a large number of people trust to visit skilled professionals while adopting any such devices.
The Single segment acquired maximum revenue share in the Global Anti-Blue Ray Myopia Lenses Market by Type in 2021 thereby, achieving a market value of $1.9 billion by 2028. Single focus lenses are most commonly used by those under the age of 40 who need to correct their nearsightedness & farsightedness. Furthermore, this type of lens is the least expensive for a sizable section of the population. Major industry players are also developing strategic partnerships to offer customers the best anti-blue ray lenses possible.
The Asia Pacific segment dominated the Global Anti-Blue Ray Myopia Lenses Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1.4 billion by 2028. The North America market is exhibiting a CAGR of 7% during (2022 - 2028). Additionally, The Europe market would showcase a CAGR of 7.2% during (2022 - 2028).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of EssilorLuxottica SA (Essilor Instruments USA), Carl Zeiss AG, Nikon Corporation, Hoya Corporation, Rodenstock GmbH, Seiko Vision, Shamir Optical Industry Ltd., Shanghai Conaut Optical Co., Ltd., and Glasseslit
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