Market Size in 2020 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.25 Billion | USD 11.66 Billion | 10.6% | 2020 |
List of Figures
FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Material
FIG NO. 3. Market Attractiveness Analysis, By Distribution Channel
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 5. Global Smart Contact Lenses Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 6. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 7. Market Revenue Share, By Type, 2020 & 2028
FIG NO. 8. Global Smart Contact Lenses Market for Continuous Glucose Monitoring, Revenue (USD Billion) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Smart Contact Lenses Market for Continuous Glucose Monitoring, By Country, 2020 & 2028
FIG NO. 10. Global Smart Contact Lenses Market for Intraocular Pressure Monitoring, Revenue (USD Billion) 2016 – 2028
FIG NO. 11. Comparative Revenue Analysis of Smart Contact Lenses Market for Intraocular Pressure Monitoring, By Country, 2020 & 2028
FIG NO. 12. Global Smart Contact Lenses Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 13. Comparative Revenue Analysis of Smart Contact Lenses Market for Others, By Country, 2020 & 2028
FIG NO. 14. Market Revenue Share, By Material, 2020 & 2028
FIG NO. 15. Global Smart Contact Lenses Market for Gas Permeable, Revenue (USD Billion) 2016 – 2028
FIG NO. 16. Comparative Revenue Analysis of Smart Contact Lenses Market for Gas Permeable, By Country, 2020 & 2028
FIG NO. 17. Global Smart Contact Lenses Market for Silicone Hydrogel, Revenue (USD Billion) 2016 – 2028
FIG NO. 18. Comparative Revenue Analysis of Smart Contact Lenses Market for Silicone Hydrogel, By Country, 2020 & 2028
FIG NO. 19. Global Smart Contact Lenses Market for Hybrid, Revenue (USD Billion) 2016 – 2028
FIG NO. 20. Comparative Revenue Analysis of Smart Contact Lenses Market for Hybrid, By Country, 2020 & 2028
FIG NO. 21. Market Revenue Share, By Distribution Channel, 2020 & 2028
FIG NO. 22. Global Smart Contact Lenses Market for E-Commerce, Revenue (USD Billion) 2016 – 2028
FIG NO. 23. Comparative Revenue Analysis of Smart Contact Lenses Market for E-Commerce, By Country, 2020 & 2028
FIG NO. 24. Global Smart Contact Lenses Market for Retail, Revenue (USD Billion) 2016 – 2028
FIG NO. 25. Comparative Revenue Analysis of Smart Contact Lenses Market for Retail, By Country, 2020 & 2028
FIG NO. 26. Global Smart Contact Lenses Market for Eye-Care Professionals, Revenue (USD Billion) 2016 – 2028
FIG NO. 27. Comparative Revenue Analysis of Smart Contact Lenses Market for Eye-Care Professionals, By Country, 2020 & 2028
FIG NO. 28. Global Smart Contact Lenses Market Revenue Share, By Region, 2020 & 2028
FIG NO. 29. North America Smart Contact Lenses Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 30. Porter’s Five Forces Analysis for Global Smart Contact Lenses Market
FIG NO. 31. PEST Analysis for Global Smart Contact Lenses Market
FIG NO. 32. Pricing Analysis for Global Smart Contact Lenses Market
FIG NO. 33. Value Chain Analysis for Global Smart Contact Lenses Market
FIG NO. 34. Company Share Analysis, 2019
FIG NO. 35. Radar Determinant Chart, 2019
FIG NO. 36. Company Strategic Developments – Heat Map Analysis
FIG NO. 37. Innovega Inc Business Segment Revenue Share, 2020 (%)
FIG NO. 38. Innovega Inc Geographical Segment Revenue Share, 2020 (%)
FIG NO. 39. Market Channels
FIG NO. 40. Marketing Channel Development Trend
FIG NO. 41. Growth in World Gross Product, 2008-2018
FIG NO. 42. Research Methodology – Detailed View
FIG NO. 43. Research Methodology
List of Tables
TABLE NO. 1: Global Smart Contact Lenses Market: Snapshot
TABLE NO. 2: Quarterly Smart Contact Lenses Market Revenue by Region, 2020
TABLE NO. 3: Quarterly Smart Contact Lenses Market Revenue Forecast by Region, 2021
TABLE NO. 4: Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
TABLE NO. 5: Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
TABLE NO. 6: Global Smart Contact Lenses Market for Continuous Glucose Monitoring, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7: Global Smart Contact Lenses Market for Intraocular Pressure Monitoring, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8: Global Smart Contact Lenses Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9: Global Smart Contact Lenses Market for Gas Permeable, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10: Global Smart Contact Lenses Market for Silicone Hydrogel, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11: Global Smart Contact Lenses Market for Hybrid, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12: Global Smart Contact Lenses Market for E-Commerce, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 13: Global Smart Contact Lenses Market for Retail, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 14: Global Smart Contact Lenses Market for Eye-Care Professionals, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 15: Global Smart Contact Lenses Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 16: North America Smart Contact Lenses Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 17: North America Smart Contact Lenses Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 18: North America Smart Contact Lenses Market Revenue, By Material, 2016 – 2028 (USD Billion)
TABLE NO. 19: North America Smart Contact Lenses Market Revenue, By Distribution Channel, 2016 – 2028 (USD Billion)
TABLE NO. 20: U.S. Smart Contact Lenses Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 21: U.S. Smart Contact Lenses Market Revenue, By Material, 2016 – 2028 (USD Billion)
TABLE NO. 22: U.S. Smart Contact Lenses Market Revenue, By Distribution Channel, 2016 – 2028 (USD Billion)
TABLE NO. 23: Canada Smart Contact Lenses Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 24: Canada Smart Contact Lenses Market Revenue, By Material, 2016 – 2028 (USD Billion)
TABLE NO. 25: Canada Smart Contact Lenses Market Revenue, By Distribution Channel, 2016 – 2028 (USD Billion)
TABLE NO. 26: Mexico Smart Contact Lenses Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 27: Mexico Smart Contact Lenses Market Revenue, By Material, 2016 – 2028 (USD Billion)
TABLE NO. 28: Mexico Smart Contact Lenses Market Revenue, By Distribution Channel, 2016 – 2028 (USD Billion)
TABLE NO. 29: Drivers for the Smart Contact Lenses Market: Impact Analysis
TABLE NO. 30: Restraints for the Smart Contact Lenses Market: Impact Analysis
TABLE NO. 31: Major Buyers of Smart Contact Lenses
TABLE NO. 32: Distributors/Traders List of Smart Contact Lenses
TABLE NO. 33: Global Smart Contact Lenses Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 34: Global Smart Contact Lenses Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)
FrequentlyAsked Questions
The Global Smart Contact Lenses Market was valued at USD 5.25 Billion in 2020.
Global Smart Contact Lenses Market is expected to reach USD 11.66 Billion by 2028, growing at a CAGR of 10.6% between 2021 to 2028.
Some of the key factors driving the Global Smart Contact Lenses Market growth are Rising Prevalence of Diabetes will Propel Market Growth and Increase of research and development in field of contact lens.
North America accounted for the largest share market segment with 8.3% CAGR in Global Smart Contact Lenses Market in 2020.
Some of key players in Global Smart Contact Lenses Market are Innovega Inc, Novartis AG, Samsung Electronics Co., Ltd., Google Inc., Sensimed AG, Sony Corporation, Liner Technologies, EP Global Communications, Inc., Analog Devices, Knowles, InvenSense, NXP Semiconductor, Rockwell Automation, Banner Engineering, Atmel, Murata Manufacturing, Nanomix, Hitachi, TOWA, STMicroelectronics, and Texas Instruments.
The term smart contact lenses refer to a sort of wearable technology that, in addition to correcting a person's vision, can provide a variety of other benefits by incorporating microscopic electronics and sensors inside contact lenses. Smart contact lenses have the ability to monitor and record health information such as blood sugar levels, and body temperature, and even detect early indicators of disorders such as glaucoma or cataracts. In addition, these contact lenses may be able to monitor and store this information.
The technology that goes into smart contact lenses can vary, but some designs integrate microprocessors, very small cameras, and wireless communication systems to enable the lenses to send data to a nearby device. Some types of intelligent contact lenses are powered by extremely small batteries, while others are able to gather energy from the wearer's own body, such as the heat produced by the eyeballs.
The creation of intelligent contact lenses is still in its early stages; however, ongoing research and testing are being performed to increase both the practicality and safety of these lenses. Even if they present interesting prospects for the future, there are still obstacles to be addressed, such as making sure that wearing contact lenses is not only comfortable but also does not irritate or otherwise harm the eyes.
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