India's Contact Lens Market Forecast to Grow by $205 Million from 2021-2026: Key Vendors Identified

2023-04-28 21:36:13 By : admin
Contact lenses have been a popular alternative to glasses for those looking for convenience and comfort in vision correction. In recent years, the contact lens market in India has grown rapidly and is expected to continue to do so over the next few years. According to the latest report from Technavio, the contact lens market in India is expected to grow by USD 205.21 million between 2021 and 2026.

The growth of the contact lens market in India can be attributed to several factors. The increasing prevalence of vision problems such as myopia, hyperopia, and astigmatism, coupled with the rise in disposable incomes and urbanization, has contributed to the growth of the market. Additionally, the increasing adoption of contact lenses among young adults and millennials for cosmetic purposes has also helped to fuel growth.
Contact lens market size in India to grow by USD 205.21 million between 2021 and 2026; Bausch Health Companies Inc., Carl Zeiss AG, among others, identified as key vendors - Technavio


The report, titled "Contact Lens Market in India by Distribution Channel and Product - Forecast and Analysis 2022-2026," identifies Bausch Health Companies Inc., Carl Zeiss AG, and other key vendors as leading players in the Indian contact lens market. These players are investing in advanced technology and research and development to produce high-quality, comfortable, and affordable contact lenses that cater to the diverse needs of consumers.

One type of contact lens that has gained popularity in recent years is bifocal/progressive lenses. These lenses are designed to correct multiple vision problems, including presbyopia, which often develops as people age. Bifocal/progressive lenses offer a seamless transition between distance and close-up vision, providing wearers with clear vision at all distances.

With the increasing demand for bifocal/progressive lenses, key players in the Indian contact lens market are focusing on developing innovative solutions that cater to this segment. Contact lenses with advanced designs and features, such as enhanced moisture retention and UV protection, are being introduced to meet the growing demand for bifocal/progressive lenses.

In conclusion, the contact lens market in India is poised for significant growth over the next few years, driven by the increasing prevalence of vision problems and the rise in disposable incomes. Key players in the market are investing in advanced technology and research and development to produce high-quality, comfortable, and affordable contact lenses. Additionally, with the increasing demand for bifocal/progressive lenses, there is a growing focus on developing innovative solutions that cater to this segment.