A contact lens, or simply contact or CL, is a thin lens placed directly on the surface of the eye. CLs are considered medical devices and can be worn to correct vision, or for cosmetic or therapeutic reasons. While, Smart Contact Lenses mains that a contact lens integrate a set of electronic components and formed a specific function. These lenses may be available in the future but are currently in proof-of concept or early to mid-stage development. They may be used to monitor diabetes by measuring tear glucose, intraocular pressure, or for presbyopia and myopia control, low vision. In addition, some contact lenses also integrated social entertainment features, for example you can simultaneous viewing of the world around you while are also viewing a small screen in a frame mounted projection system for learning, gaming or augmented reality. Smart contact lens technology involves filters, sensors, microchips and other miniaturized electronics which are embedded within contact lenses Drug-device combinations (contact lenses which elute pharmaceuticals) will be mentioned but not emphasized.
This report contains market size and forecasts of Smart Contact Lenses in global, including the following market information:
Global Smart Contact Lenses Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Smart Contact Lenses Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Smart Contact Lenses companies in 2021 (%)
The global Smart Contact Lenses market was valued at 320 million in 2021 and is projected to reach US$ 1360.5 million by 2028, at a CAGR of 23.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Disposable Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Smart Contact Lenses include Sensimed AG, Google, Samsung, Sony and PEGL, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Smart Contact Lenses manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Contact Lenses Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Smart Contact Lenses Market Segment Percentages, by Type, 2021 (%)
Disposable
Frequent Replacement
Global Smart Contact Lenses Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Smart Contact Lenses Market Segment Percentages, by Application, 2021 (%)
Medical
Military
Social Entertainment
Others
Global Smart Contact Lenses Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Smart Contact Lenses Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Smart Contact Lenses revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Smart Contact Lenses revenues share in global market, 2021 (%)
Key companies Smart Contact Lenses sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Smart Contact Lenses sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sensimed AG
Google
Samsung
Sony
PEGL