San Francisco, CA (PRWEB) March 18, 2014
The global market for contact lenses is expected to reach USD 12.48 billion by 2020, according to a new study by Grand View Research, Inc. Expanding user base coupled with aging population is expected to drive market growth over the next six years. Grand View Research also observes that growing need for enhancing aesthetic appearance is expected to fuel demand for cosmetic contact lenses.
The report “Contact Lenses Market Analysis And Segment Forecasts To 2020,” is available now to Grand View Research customers at http://www.grandviewresearch.com/industry-analysis/contact-lenses-market.
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Increasing incidences of ophthalmic disorders including myopia, hypermetropia and astigmatism is expected to positively impact the global market over the forecast period. Additionally, changes in lifestyle and growing elderly population have enhanced market penetration for corrective as well as cosmetic contact lenses over the last three years. Growing acceptance of procedures including PRK and LASIK on a global level may hinder market growth over the next six years.
Further Key findings from the study suggest:
For the purpose of this study, Grand View Research has segmented the global contact lenses market on the basis of product, design, usage and region:
Browse All Specialty glass, ceramic & fiber Market Research Reports at http://www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber
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About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com.
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