Global Anti-blue Ray Myopia Lenses Market 2021 Segment Overview, Company Profiles, Regional Analysis and Forecast 2028


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Shibuya Data Count

Jan 05, 2022, 01:54 EST


Shibuya-ku, Tokyo, Japan, Japan, Jan 05, 2022, 01:54 /Comserve / -- According to Research Dive analysis, the global anti-blue ray myopia lenses market is estimated to generate a revenue of $21,46,138.5 thousand by 2027 increasing from $13,46,614.5 thousand in 2019, at a healthy CAGR of 6.1%.

According to Research Dive analysis, the global anti-blue ray myopia lenses market is estimated to generate a revenue of $21,46,138.5 thousand by 2027 increasing from $13,46,614.5 thousand in 2019, at a healthy CAGR of 6.1%.

Impact Analysis of COVID-19 on the Global Anti-blue Ray Myopia Lenses Market:

The global anti-blue ray myopia lenses market experienced a high growth rate during the COVID-19 pandemic. Due to strict lockdown rules by government bodies of countries across the globe, people were totally dependent upon digital devices to work, study, and connect to people. Continuous use of digital screens and exposure to blue lights increased the occurrence of various eye problems among people. Therefore demand for anti-blue ray myopia lenses has increased during the pandemic.\

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Anti-blue Ray Myopia Lenses Market Analysis:

The global anti-blue ray myopia lenses market experienced an appreciable growth due to growing visual deficiency and eye defects among people. Growing demand for vision correction across the globe has increased demand for anti-blue ray lenses. In addition to this, in 2018, according to World Health Organization, approximately 1.3 billion people went through some kind of visual impairment worldwide out of which 188 million people were affected by distance vision, 217 peoples were affected by moderate vision and 826 million people were affected with a near vision impairment. Such type of figures and research may lead to a surge in the demand for anti-blue ray myopia lenses and market growth during the analysis frame.

High cost of anti-blue ray lenses and lack of knowledge about how blue light affects eye health will be one of the restricting factors which may create a negative impact on the market during the forecast period.

The anti-blue ray myopia lenses industry is growing rapidly owing to increasing per capita income accelerating the consumer spending on fashion trends. Moreover, technological innovations in the eyewear industry such as virtual try on products online are driving the product sales of anti-blue ray myopia lenses. Thus, key players operating in anti-blue ray myopia lenses are opting for various product innovations to provide best eyewear options to hold a leading position. For example, in 2018, Johnson and Johnson Vision, an eye-care company in U.S. announced that they are in collaboration with Singapore Eye Research Institute (SERI) and Singapore National Eye Centre (SNEC). The main aim of the research collaboration is to understand the modern technologies and strategies for treating and preventing myopia. This type of technological advancements may increase the growth of the sector during the forecast period.

Based on type, the global market for anti-blue ray myopia lenses platform is divided into single, bifocal, trifocal and others. The single type sub-segment is predicted to have the fastest as well as dominant market growth and it is anticipated to generate a revenue of $10,33,763 thousand by 2027.

Based on distribution channel type, the market is classified into the retail stores, hospitals & clinics and e-commerce. The retail store sub-segment garnered $7,34,400.9 thousand in 2019 and is projected to grow exponentially by 2027.

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Based on geographical scope, the market was investigated across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific anti-blue ray myopia lenses market is anticipated to rise at a growth rate of 5.2% by 2027 from the revenue generated in 2019.

The companies involved in the global anti-blue ray myopia lenses market are Essilor, HOYA GROUP, RODENSTOCK GMBH, ZEISS, Seiko, Chemiglas Corp., Nikon, Shamir Optical Industry Ltd, Mingyue Glasses Co. Ltd., and Shanghai Conant Optics Co., Ltd.

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.


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