Prescription Lens Market
Prescription Lens - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Prescription Lens Market is accounted for $31.94 billion in 2019 and is expected to reach $52.07 billion by 2027 growing at a CAGR of 6.3% during the forecast period. Some of the factors such as the growing prevalence of refractive errors and the increasing number of awareness programs are the major factors fueling the growth of the market. However, high treatment and correction cost of myopia and presbyopia is hampering the market growth.
The prescription lens helps in resolving the inability of the eyes to project the light on the retina for enhanced vision. The prescription lens is accessible with different coating options to provide patients with enhanced vision in different environments.
Based on the coating, the anti-reflective segment is likely to have a huge demand during the forecast period due to numerous advantages associated with it such as protection from harmful rays from electronic display screens. AR coating helps in eliminating the reflections thus reduces contrast and enhances clarity.
By geography, North America is going to have a lucrative growth owing to the growing prevalence of myopia and presbyopia in the U.S. and Canada. Moreover, major market players in this region are launching a prescription lens with advanced features. The adoption of advanced technology and products is high in the region, thus, contributing towards the overall market growth.
Some of the key players profiled in the Prescription Lens Market include Prive Revaux, ZEISS International, Rodenstock, Vision Ease, Marchon Eyewear, Luxottica Group, Essilor, Seiko Optical Products Co., Ltd., Vision Rx Lab, and Hoya Vision Care Company.
Coatings Covered:
• Anti-Fog Coating
• Anti-Reflective
• Scratch Resistant Coating
• Ultraviolet Treatment
Types Covered:
• Workspace Progressives
• Trifocal
• Bifocal
• Progressive
• Single Vision
Applications Covered:
• Astigmatism
• Hyperopia/Hypermetropia
• Myopia
• Presbyopia
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Prescription Lens Market, By Coating
5.1 Introduction
5.2 Anti-Fog Coating
5.3 Anti-Reflective
5.4 Scratch Resistant Coating
5.5 Ultraviolet Treatment
6 Global Prescription Lens Market, By Type
6.1 Introduction
6.2 Workspace Progressives
6.3 Trifocal
6.4 Bifocal
6.5 Progressive
6.6 Single Vision
6.6.1 Concave
6.6.2 Convex
6.6.3 Cylindrical
7 Global Prescription Lens Market, By Application
7.1 Introduction
7.2 Astigmatism
7.3 Hyperopia/Hypermetropia
7.4 Myopia
7.5 Presbyopia
8 Global Prescription Lens Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Prive Revaux
10.2 ZEISS International
10.3 Rodenstock
10.4 Vision Ease
10.5 Marchon Eyewear
10.6 Luxottica Group
10.7 Essilor
10.8 Seiko Optical Products Co., Ltd.
10.9 Vision Rx Lab
10.10 Hoya Vision Care Company
List of Tables
1 Global Prescription Lens Market Outlook, By Region (2018-2027) ($MN)
2 Global Prescription Lens Market Outlook, By Coating (2018-2027) ($MN)
3 Global Prescription Lens Market Outlook, By Anti-Fog Coating (2018-2027) ($MN)
4 Global Prescription Lens Market Outlook, By Anti-Reflective (2018-2027) ($MN)
5 Global Prescription Lens Market Outlook, By Scratch Resistant Coating (2018-2027) ($MN)
6 Global Prescription Lens Market Outlook, By Ultraviolet Treatment (2018-2027) ($MN)
7 Global Prescription Lens Market Outlook, By Type (2018-2027) ($MN)
8 Global Prescription Lens Market Outlook, By Workspace Progressives (2018-2027) ($MN)
9 Global Prescription Lens Market Outlook, By Trifocal (2018-2027) ($MN)
10 Global Prescription Lens Market Outlook, By Bifocal (2018-2027) ($MN)
11 Global Prescription Lens Market Outlook, By Progressive (2018-2027) ($MN)
12 Global Prescription Lens Market Outlook, By Single Vision (2018-2027) ($MN)
13 Global Prescription Lens Market Outlook, By Concave (2018-2027) ($MN)
14 Global Prescription Lens Market Outlook, By Convex (2018-2027) ($MN)
15 Global Prescription Lens Market Outlook, By Cylindrical (2018-2027) ($MN)
16 Global Prescription Lens Market Outlook, By Application (2018-2027) ($MN)
17 Global Prescription Lens Market Outlook, By Astigmatism (2018-2027) ($MN)
18 Global Prescription Lens Market Outlook, By Hyperopia/Hypermetropia (2018-2027) ($MN)
19 Global Prescription Lens Market Outlook, By Myopia (2018-2027) ($MN)
20 Global Prescription Lens Market Outlook, By Presbyopia (2018-2027) ($MN)
21 North America Prescription Lens Market Outlook, By Country (2018-2027) ($MN)
22 North America Prescription Lens Market Outlook, By Coating (2018-2027) ($MN)
23 North America Prescription Lens Market Outlook, By Anti-Fog Coating (2018-2027) ($MN)
24 North America Prescription Lens Market Outlook, By Anti-Reflective (2018-2027) ($MN)
25 North America Prescription Lens Market Outlook, By Scratch Resistant Coating (2018-2027) ($MN)
26 North America Prescription Lens Market Outlook, By Ultraviolet Treatment (2018-2027) ($MN)
27 North America Prescription Lens Market Outlook, By Type (2018-2027) ($MN)
28 North America Prescription Lens Market Outlook, By Workspace Progressives (2018-2027) ($MN)
29 North America Prescription Lens Market Outlook, By Trifocal (2018-2027) ($MN)
30 North America Prescription Lens Market Outlook, By Bifocal (2018-2027) ($MN)
31 North America Prescription Lens Market Outlook, By Progressive (2018-2027) ($MN)
32 North America Prescription Lens Market Outlook, By Single Vision (2018-2027) ($MN)
33 North America Prescription Lens Market Outlook, By Concave (2018-2027) ($MN)
34 North America Prescription Lens Market Outlook, By Convex (2018-2027) ($MN)
35 North America Prescription Lens Market Outlook, By Cylindrical (2018-2027) ($MN)
36 North America Prescription Lens Market Outlook, By Application (2018-2027) ($MN)
37 North America Prescription Lens Market Outlook, By Astigmatism (2018-2027) ($MN)
38 North America Prescription Lens Market Outlook, By Hyperopia/Hypermetropia (2018-2027) ($MN)
39 North America Prescription Lens Market Outlook, By Myopia (2018-2027) ($MN)
40 North America Prescription Lens Market Outlook, By Presbyopia (2018-2027) ($MN)
41 Europe Prescription Lens Market Outlook, By Country (2018-2027) ($MN)
42 Europe Prescription Lens Market Outlook, By Coating (2018-2027) ($MN)
43 Europe Prescription Lens Market Outlook, By Anti-Fog Coating (2018-2027) ($MN)
44 Europe Prescription Lens Market Outlook, By Anti-Reflective (2018-2027) ($MN)
45 Europe Prescription Lens Market Outlook, By Scratch Resistant Coating (2018-2027) ($MN)
46 Europe Prescription Lens Market Outlook, By Ultraviolet Treatment (2018-2027) ($MN)
47 Europe Prescription Lens Market Outlook, By Type (2018-2027) ($MN)
48 Europe Prescription Lens Market Outlook, By Workspace Progressives (2018-2027) ($MN)
49 Europe Prescription Lens Market Outlook, By Trifocal (2018-2027) ($MN)
50 Europe Prescription Lens Market Outlook, By Bifocal (2018-2027) ($MN)
51 Europe Prescription Lens Market Outlook, By Progressive (2018-2027) ($MN)
52 Europe Prescription Lens Market Outlook, By Single Vision (2018-2027) ($MN)
53 Europe Prescription Lens Market Outlook, By Concave (2018-2027) ($MN)
54 Europe Prescription Lens Market Outlook, By Convex (2018-2027) ($MN)
55 Europe Prescription Lens Market Outlook, By Cylindrical (2018-2027) ($MN)
56 Europe Prescription Lens Market Outlook, By Application (2018-2027) ($MN)
57 Europe Prescription Lens Market Outlook, By Astigmatism (2018-2027) ($MN)
58 Europe Prescription Lens Market Outlook, By Hyperopia/Hypermetropia (2018-2027) ($MN)
59 Europe Prescription Lens Market Outlook, By Myopia (2018-2027) ($MN)
60 Europe Prescription Lens Market Outlook, By Presbyopia (2018-2027) ($MN)
61 Asia Pacific Prescription Lens Market Outlook, By Country (2018-2027) ($MN)
62 Asia Pacific Prescription Lens Market Outlook, By Coating (2018-2027) ($MN)
63 Asia Pacific Prescription Lens Market Outlook, By Anti-Fog Coating (2018-2027) ($MN)
64 Asia Pacific Prescription Lens Market Outlook, By Anti-Reflective (2018-2027) ($MN)
65 Asia Pacific Prescription Lens Market Outlook, By Scratch Resistant Coating (2018-2027) ($MN)
66 Asia Pacific Prescription Lens Market Outlook, By Ultraviolet Treatment (2018-2027) ($MN)
67 Asia Pacific Prescription Lens Market Outlook, By Type (2018-2027) ($MN)
68 Asia Pacific Prescription Lens Market Outlook, By Workspace Progressives (2018-2027) ($MN)
69 Asia Pacific Prescription Lens Market Outlook, By Trifocal (2018-2027) ($MN)
70 Asia Pacific Prescription Lens Market Outlook, By Bifocal (2018-2027) ($MN)
71 Asia Pacific Prescription Lens Market Outlook, By Progressive (2018-2027) ($MN)
72 Asia Pacific Prescription Lens Market Outlook, By Single Vision (2018-2027) ($MN)
73 Asia Pacific Prescription Lens Market Outlook, By Concave (2018-2027) ($MN)
74 Asia Pacific Prescription Lens Market Outlook, By Convex (2018-2027) ($MN)
75 Asia Pacific Prescription Lens Market Outlook, By Cylindrical (2018-2027) ($MN)
76 Asia Pacific Prescription Lens Market Outlook, By Application (2018-2027) ($MN)
77 Asia Pacific Prescription Lens Market Outlook, By Astigmatism (2018-2027) ($MN)
78 Asia Pacific Prescription Lens Market Outlook, By Hyperopia/Hypermetropia (2018-2027) ($MN)
79 Asia Pacific Prescription Lens Market Outlook, By Myopia (2018-2027) ($MN)
80 Asia Pacific Prescription Lens Market Outlook, By Presbyopia (2018-2027) ($MN)
81 South America Prescription Lens Market Outlook, By Country (2018-2027) ($MN)
82 South America Prescription Lens Market Outlook, By Coating (2018-2027) ($MN)
83 South America Prescription Lens Market Outlook, By Anti-Fog Coating (2018-2027) ($MN)
84 South America Prescription Lens Market Outlook, By Anti-Reflective (2018-2027) ($MN)
85 South America Prescription Lens Market Outlook, By Scratch Resistant Coating (2018-2027) ($MN)
86 South America Prescription Lens Market Outlook, By Ultraviolet Treatment (2018-2027) ($MN)
87 South America Prescription Lens Market Outlook, By Type (2018-2027) ($MN)
88 South America Prescription Lens Market Outlook, By Workspace Progressives (2018-2027) ($MN)
89 South America Prescription Lens Market Outlook, By Trifocal (2018-2027) ($MN)
90 South America Prescription Lens Market Outlook, By Bifocal (2018-2027) ($MN)
91 South America Prescription Lens Market Outlook, By Progressive (2018-2027) ($MN)
92 South America Prescription Lens Market Outlook, By Single Vision (2018-2027) ($MN)
93 South America Prescription Lens Market Outlook, By Concave (2018-2027) ($MN)
94 South America Prescription Lens Market Outlook, By Convex (2018-2027) ($MN)
95 South America Prescription Lens Market Outlook, By Cylindrical (2018-2027) ($MN)
96 South America Prescription Lens Market Outlook, By Application (2018-2027) ($MN)
97 South America Prescription Lens Market Outlook, By Astigmatism (2018-2027) ($MN)
98 South America Prescription Lens Market Outlook, By Hyperopia/Hypermetropia (2018-2027) ($MN)
99 South America Prescription Lens Market Outlook, By Myopia (2018-2027) ($MN)
100 South America Prescription Lens Market Outlook, By Presbyopia (2018-2027) ($MN)
101 Middle East & Africa Prescription Lens Market Outlook, By Country (2018-2027) ($MN)
102 Middle East & Africa Prescription Lens Market Outlook, By Coating (2018-2027) ($MN)
103 Middle East & Africa Prescription Lens Market Outlook, By Anti-Fog Coating (2018-2027) ($MN)
104 Middle East & Africa Prescription Lens Market Outlook, By Anti-Reflective (2018-2027) ($MN)
105 Middle East & Africa Prescription Lens Market Outlook, By Scratch Resistant Coating (2018-2027) ($MN)
106 Middle East & Africa Prescription Lens Market Outlook, By Ultraviolet Treatment (2018-2027) ($MN)
107 Middle East & Africa Prescription Lens Market Outlook, By Type (2018-2027) ($MN)
108 Middle East & Africa Prescription Lens Market Outlook, By Workspace Progressives (2018-2027) ($MN)
109 Middle East & Africa Prescription Lens Market Outlook, By Trifocal (2018-2027) ($MN)
110 Middle East & Africa Prescription Lens Market Outlook, By Bifocal (2018-2027) ($MN)
111 Middle East & Africa Prescription Lens Market Outlook, By Progressive (2018-2027) ($MN)
112 Middle East & Africa Prescription Lens Market Outlook, By Single Vision (2018-2027) ($MN)
113 Middle East & Africa Prescription Lens Market Outlook, By Concave (2018-2027) ($MN)
114 Middle East & Africa Prescription Lens Market Outlook, By Convex (2018-2027) ($MN)
115 Middle East & Africa Prescription Lens Market Outlook, By Cylindrical (2018-2027) ($MN)
116 Middle East & Africa Prescription Lens Market Outlook, By Application (2018-2027) ($MN)
117 Middle East & Africa Prescription Lens Market Outlook, By Astigmatism (2018-2027) ($MN)
118 Middle East & Africa Prescription Lens Market Outlook, By Hyperopia/Hypermetropia (2018-2027) ($MN)
119 Middle East & Africa Prescription Lens Market Outlook, By Myopia (2018-2027) ($MN)
120 Middle East & Africa Prescription Lens Market Outlook, By Presbyopia (2018-2027) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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