The Contact Lens industry has been performing well, with companies such as Bausch & Lomb, Cooper Vision and Ciba Vision continuing to research and develop new technologies. The fact that the industry managed to perform well during the recession indicates that this business generally thrives in most economic situations. Daily disposable contact lens dominate industry sales; however, silicone hydrogel lens have been a key revenue driver.
This industry manufactures corrective, cosmetic or therapeutic lenses that are usually placed on the cornea of the eye. The care and maintenance products for these lenses are also included in this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.