Contact Lens Market to Reach $13.5 Billion in 5 Years

The contact lenses market will grow to approximately $13.5 billion in the next five years,. according to a Hexa Research study. A portion of the growth will come with the increasing prevalence of such eye diseases as astigmatism, hypermetropia and myopia. An increasing population, fashion, and tech advances will also fuel the growth. As per the 2009 report, by contact lens spectrum, study says that almost 150 million people are using contact lenses. Additionally, plano sunglasses have pushed the contact lenses market and led to the reduction in need for dependency on spectacles. As PRK and LASIK surgeries acceptance are increasing globally, they hinder growth of the CL market. Browse full research report with TOC on " Contact Lenses Market Analysis, By Product Types (Rigid Gas Permeable (RGP) Or Gas Permeable (GP) Contact Lenses, Soft Contact Lenses, And Hybrid Lenses.), By Design (Toric, Spherical, and Multifocal), By Usage (Therapeutic Lenses, Corrective Lenses, Prosthetic Lenses, Cosmetic Lenses and Lifestyle-oriented Lenses), And Segment Forecast From 2012 To 2020" at http://www.hexaresearch.com/research-report/contact-lenses-industry/