The article cited AMA's Global Contact Lenses Market Study explored substantial growth with CAGR of 6.9%. According to the study, Increasing Safety Measures and Usage in all the Age Group is one of the primary growth factors for the market. Growing Number of Ophthalmic Patients is also expected to contribute significantly to the Contact Lenses market. Overall, Corrective Lenses applications of Contact Lenses, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Johnson & Johnson Vision Care (United States), Novartis (Switzerland), CooperVision (United States), Bausch + Lomb (United States), St.Shine Optical (Taiwan), Menicon (Japan), Hydron International Co., Ltd. (China), Weicon (Germany), Bescon (Korea) and NEO Vision (Korea) pushing strong cash flow in Market which is also a key in driving revenue growth.

AMA’s Analyst on the Global Contact Lenses market identified that the demand is rising in many different parts of the world as "Technological Advancements in Contact Lens Manufacturing ". Furthermore, some recent industry insights like "On November 12, 2018, “The Singapore National Eye Centre (SNEC), the Singapore Eye Research Institute (SERI) and Johnson & Johnson Vision has announced a USD 26.35 million research collaboration to tackle myopia, or nearsighted vision, the largest threat to eye health this century. By 2050, half of the world’s population are projected to be myopic, with one billion expected to have high myopia, a severe state of the condition that can lead to retinal disease with an increased risk of blindness.”" is constantly making the industry dynamic. One of the challenges that industry facing is "Requires Skilled Workforce and Expensive Raw Material Prices"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Contact Lenses market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Contact Lenses market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Contact Lenses market tight?
• Which application/end-user category or Product Type [Rigid Contact Lenses, Soft Contact Lenses and Hybrid Contact Lenses] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Contact Lenses market and other related sub-markets covered in the study.

o Key & emerging players in the Contact Lenses market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Contact Lenses market size is calculated using market estimation process, the Contact Lenses market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Contact Lenses market size has been validated using both top-down and bottom-up approaches.