Contact Lenses Market to be Valued USD 19.35 Billion in the Next Five Years
Growing prevalence of ocular diseases is expected to drive the global contact lenses market through 2026. According to TechSci Research report, “ Global Contact Lenses Market By Modality (Reusable, v/s Disposable), By Design (Spherical, Toric, Multifocal, Others), By Material Type (Silicon Hydrogel, Hydrogel, Gas Permeable, Others), By Application (Corrective, Therapeutic, Cosmetic, Others), By Distribution (Retail Stores, Hospitals & Clinics, Online), By Region, Competition, Forecast & Opportunities, 2026 ” , the global contact lenses market stood at USD13.73 billion in 2020 and is further anticipated to grow at a CAGR of 6.25% during the forecast period . This can be ascribed to the changing lifestyle patterns, especially among the youth, has increased the use of colored contact lenses more as a fashion accessory. Furthermore, the growing influence of social media has made the generation Z population increasingly adopt and use c...