Allied Market Research

2024

Acrylic Lenses Market

Acrylic Lenses Market Size, Share, Competitive Landscape and Trend Analysis Report, by Material and, by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

MC : Advanced Materials

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Author's: | Eswara Prasad
Publish Date:

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Acrylic lenses are a special quality of lightweight glass lenses. These lenses almost weigh as half as the conventional glass lenses. The acrylic lenses possess excellent resistance against shock or impact and have better durability and UV resistance. They are also resistant to heat and provide high quality light transmission along with superior optical quality.  Because of these properties, acrylic lenses are extensively used for treating different eye problems and for the manufacturing of lenses.

COVID-19 scenarioanalysis:

The acrylic lenses market has been impacted by the outbreak of the COVID-19 pandemic to a great extent.

• Since the advent of the global pandemic, most of the people around the globe have been forced to stay at home. This has caused a major fall in the demand for spectacles and lenses in the market.

• Since the advent of the global pandemic, there has been a major disruption in the supply chain among the market. Moreover, due to the stringent regulations on social distancing, the manufacturers have been facing severe lack of workforce. All these factors have affected the operations of the global acrylic lenses market to a great extent.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

In the present day world, there is an increasing number of patients having vision problems and this is one of the major contributing factors driving the growth of acrylic lenses market. These lenses play a vital role for treating eye problems such as myopia and hypermetropia. The acrylic lenses offer various advantages such as lightweight, durability and resistance to scratch and other impacts. This is why acrylic lenses are now being preferred over glass lenses in different parts of the world. Moreover, there is an increase in the number of diabetic patients across the globe and diabetes is a major contributing factor for several eye problems.  As a result, there is an escalating demand for acrylic lenses in the healthcare sector. Several major companies are investing on producing better quality optical lenses in order to gain a competitive advantage in the market. However, the higher prices of these lenses might act as a restraining factor for the market.Nonetheless, rise in number of visually impaired people across the globe as per different health organizations such as the World Health Organization (WHO), coupled with the rapid innovations for producing cost effective and high quality lenses are expected to drive the growth of acrylic lenses market in the forecast period.

The market in the North America region accounts for a significant share of the global acrylic lenses market because of the rapid development in the eye care technologies in the region. The market in the Asia-Pacific region is also expected to grow at a significant pace owing to high population density and rise in number of ophthalmic cases in the emerging economies of the region.

Key benefits of the report:

  • This study presents the analytical depiction of the global acrylic lenses industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global acrylic lenses market share.
  • The current market is quantitatively analyzed to highlight the global acrylic lenses market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global acrylic lenses market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Acrylic Lenses Market research report:

  • Which are the leading market players active in the acrylic lensesmarket?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?

Acrylic Lenses Market Report Highlights

Aspects Details
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By Material
  • Monofocal IOLs
  • Premium IOLs
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By Application
  • Cataract Surgery
  • Refractive Lens Exchange Surgery
  • Trauma Surgery
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, Rest of LAMEA)
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Key Market Players

LensOptic, American HydronBarnes, American Optical, Bausch & Lomb Inc., Hind CooperVision, Polyoptics GmbH, Wesely-Jessen, Hoya Corporation, EyeKon Medical Inc., Abbott Medical Optics Inc.

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Acrylic Lenses Market

Global Opportunity Analysis and Industry Forecast, 2023-2032