Vision Products--Growing Field

ContactLens News reports that "The worldwide market for vision care devices has now reached $20 billion (£12 billion), according to the latest study. A report published by Global Data, entitled Vision Care (Contact Lenses and Spectacle Lenses) - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016, claims that this market is set to top $24 billion within six years, with contact lenses playing a significant role in this growth. Currently, the spectacle lens market is valued at $2.4 billion, but the contact lens sector is now worth $2.3 billion and expected to overtake glasses lenses by 2016."