About Bandage Contact Lenses
A bandage contact lens shields a damaged or diseased cornea from twitching eyelashes' mechanical rubbing, allowing it to heal. The Bandage lens is said to make the eye feel more at ease. Bandage Lens Speedup the process of eye healing. Usually, but not always, it is a soft lens. There is no focusing ability with this lens. It's not designed to improve the vision.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Bandage Contact Lenses market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Johnson & Johnson (United States), Dailies (United States), Cooper Vision (United States), Bausch & Lomb (Canada), Alcon (Switzerland), Advanced Vision Technology (Israel), Metro Optics (United States), UltraVision CLPL (United Kingdom), The Walman Optical (United States) and Schwind (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Excellent Hi-Care (India), Akriti Pharmaceuticals (India) and Clearbag SG PTE (Singapore).
Segmentation Overview
AMA Research has segmented the market of Global Bandage Contact Lenses market by Type (Soft Lens, Rigid Lens, Hybrid Lens and Others) and Region.
On the basis of geography, the market of Bandage Contact Lenses has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Hospital will boost the Bandage Contact Lenses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Treatment, the sub-segment i.e. Corneal Injury will boost the Bandage Contact Lenses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online {Company Website, E-Commerce Website} will boost the Bandage Contact Lenses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Rise in Prevalence of Eye Disorders
Market Growth Drivers:
Bandage Contact Lenses Minimize Fibrotic Healing Process of Flap Margins and Increase in the Number of Operations for Vision Correction
Challenges:
Side Effects Such as Infectious Keratitis
Restraints:
Overuse of Bandage Contact Lens could result in Vision Damage and High Chances of Bandage Contact Lens Dislodged
Opportunities:
Increased Demand for Silicone Hydrogel Lenses
Market Leaders and their expansionary development strategies
In April 2021 Cooper Vision Released a Statement Announcing the Acquisition of No 7 Contact Lenses. The company will be part of the Cooper Vision Specialty Eye Care group and will add to a portfolio of cutting-edge products used by eye care experts to address issues like myopia progression in youngsters and uneven corneas.
In August 2020 Bausch + Lomb Released a Statement Announcing their New Product Launch of Bausch + Lomb INFUSE. Bausch + Lomb is a company that makes cosmetics. INFUSE a silicone hydrogel (SiHy) daily disposable contact lens, the only SiHy daily disposable infused with ProBalance Technology to assist maintain ocular surface homeostasis and alleviate contact lens dryness symptoms.
Key Target Audience
Venture and Capitalist, Healthcare Organization, New Entrants/Investors, Analysts and Strategic Business Partners, Specialized Clinics and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.