The eye is one of the most sophisticated organs in the human body. The retina, the light-sensitive tissue inside the eye, converts light into electrical impulses, which are sent to the brain. A refractive error occurs when the light entering the eye is not focused properly on the retina, distorting the signal sent to the brain. The most common eye conditions are myopia (nearsightedness) and hyperopia (farsightedness). People with myopia cannot clearly see objects in the distance and require a concave glass lens to correct their vision. As of 2015, more than one-quarter of the world population was diagnosed with myopia, and by 2020, 49% of the global population will have myopia. Hyperopia is an eye condition in which a person cannot clearly see nearby objects. Prescription lenses can be used to correct vision related issues.
North America dominated the glass lens market in 2015, by contributing approximately 54% of the overall market share. Much of this region’s growth could be attributed to the increasing prevalence of vision loss among the aging population. Factors such as the growing incidences of eye disorders such as cataracts, diabetic retinopathy, glaucoma, and age-related macular degeneration will increase the use of eyeglasses in the region.
The rising elderly population will be one of the key factors fueling the market’s growth during the next few years. Improved medicines and the increasing shift from acute to chronic diseases has eventually increased the life expectancy of the elderly population in the recent years. According to World Bank, population aged 65 and above represented over 8% the global population as of 2016. However, vision loss is one of the key issues faced by elderly people. As a result, with the increasing geriatric population in countries including Japan, higher number of people will be at the risk of visual impairment owing to aging processes and chronic eye diseases such as cataract, dry eye, glaucoma and others. This, in turn, is expected to drive the glass lens market positively during the next few years.
In 2019, the market size of Glass Lens is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Glass Lens.
This report studies the global market size of Glass Lens, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Glass Lens production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Eastman Kodak
Essilor
Fielmann
HOYA
Nikon
Zeiss
...
Market Segment by Product Type
Progressive Glass Lenses
Single Glass Vision Lenses
Bifocal Glass Lenses
Market Segment by Application
Online Retail
Offline Retail
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Glass Lens status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Glass Lens manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Glass Lens are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Glass Lens. Industry analysis & Market Report on Glass Lens is a syndicated market report, published as Global (United States, European Union and China) Glass Lens Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Glass Lens market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.