The global contact lenses market size is projected to reach USD 12.05 billion by 2026, exhibiting a CAGR of 4.8% during the forecast period. However, the market was worth USD 8.35 billion in 2018. This information is published in a recent report by Fortune Business Insights, titled, “Contact Lenses Market Size, Share & Industry Analysis, By Modality (Reusable and Disposable), By Design (Toric, Multi-Focal, and Spherical), By Distribution Channel (Retail Stores, Online Stores, and Ophthalmologists), and Regional Forecast, 2019-2026.” As per the report, rising per capita healthcare expenditure and increasing incidence of astigmatism and myopia are expected to affect the market positively.
Highlights of the Report:
- In-depth analysis of various insights, namely, Contact Lenses Market trends, growth drivers, opportunities, and other related challenges.
- Comprehensive details of key market players, their core competencies, and Contact Lenses Market share.
- The potency of suppliers and buyers to make better business decisions.
- Lists out the market size in terms of volume.
Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/contact-lenses-market-101775
Key Players Operating in The Contact Lenses Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Contamac
- CooperVision
- HOYA Corporation
- Essilor
- Bausch & Lomb Incorporated
- Johnson & Johnson Vision Care, Inc. (Johnson & Johnson Services, Inc.)
- ZEISS International
- Alcon Vision LLC
- Other key market players
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/contact-lenses-market-101775
Rising Prevalence of Ocular Disorders to Augment Market Growth
The World Health Organization (WHO) stated that approximately 1.7 million people are affected by presbyopia and around 153 million people reside with uncorrected refractive errors around the world. A rising prevalence of presbyopia worldwide is one of the main factors propeling the contact lenses market growth in the coming years. Also, many people are affected by ocular disorders, which in turn, is expected to boost growth of the market
Spherical Segment to Dominate the Market Backed by High Prescriptions
In terms of design, the market is segregated into spherical, multifocal, and toric. Out of these, the spherical segment had generated 65.8% contact lenses market share in 2018 and was in the leading position. It occurred because these lenses are highly recommended by doctors for correcting ocular disorders. The toric segment, on the other hand, is anticipated to showcase considerable growth owing to its possession of numerous advantages, such as greater lens-to-lens reproducibility, easier fitting protocol, and better stabilization design. Lastly, the multifocal segment would expand at faster pace in the near future due to growing awareness and increasing new product launches.
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The global drug delivery market size is forecasted to reach USD 1,792.60 billion by 2026, attributable to the rapid development of the pharmaceutical industry and the advent of drug delivery systems worldwide.
The rising trend of digitalization in the pharmaceutical industry has propelled the demand for drug delivery systems for accurate, convenient, and systematic drug concentration for patients.
As per a recently published report by Fortune Business insights™ titled, “Drug Delivery Devices Market Size, Share & Industry Analysis, By Route of Administration (Injectable, Nasal, Topical & Transdermal, Oral and Others), By Type (Conventional and Advanced), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies) and Regional Forecast, 2019-2026,” the size was USD 1,020.07 billion in 2018 and is likely to exhibit a CAGR of 7.3% between 2019 to 2026.Highlights of the Report:In-depth analysis of various insights, namely, Drug Delivery Devices Market trends, growth drivers, opportunities, and other related challenges.Comprehensive details of key market players, their core competencies, and Drug Delivery Devices Market share.The potency of suppliers and buyers to make better business decisions.Lists out the market size in terms of volume.For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/drug-delivery-devices-market-102416Key Players Operating in The Drug Delivery Devices Market Include:Key players are involved in mergers and acquisition to strengthen their market position.
Owing to increasing competition frequent innovations are taking place in the market.
Some of the companies operating the industry are:SHL Medical AG.Insulet CorporationAptar PharmaConsort Medical plcBDPfizer Inc.NemeraWest Pharmaceutical Services Inc.Emergent Biosolutions Inc.OthersWhat is the Scope of the Report?The report on the drug delivery devices market offers an extensive overview of the market, focusing on significant growth drivers, restraints, challenges, and opportunities.
It also throws light on the competitive landscape, the list of players operating in the market, and the key strategies adopted by the players to gain a competitive edge in the market.
The global anticoagulants market size is projected to reach 45.50 billion by the end of 2026.
According to a report published by Fortune Business Insights, titled “Anticoagulants Market Size, Share & Industry Analysis, By Disease Indication (Pulmonary Embolism (PE), Deep Vein Thrombosis (DVT), Atrial Fibrillation, Heart Attacks, Others), By Route of Administration (Oral, Injectable), By Distribution Channel (Hospitals Pharmacies, Retail Pharmacies, Online Pharmacies, Others) and Regional Forecast, 2019-2026,” the market was worth USD 21.45 billion in 2018 and will exhibit a CAGR of 9.9% during the forecast period,2019-2026.Increasing Number of Company Mergers Will Aid Market GrowthSeveral growth stimulating factors have been analyzed and discussed in detail.
Among all factors, the increasing number of company mergers have had the highest impact on the market.
In February 2019, Novartis AG and Blackstone’s LifeSciences announced the launch of Anthos Therapeutics.
The company is aiming for the research and development of drugs that include anticoagulants as a prime pipeline candidate.
Increasing number of drug approvals is another factor that has constituted an increase in the global anticoagulants market size in recent years.
According to Renub Research, China Dairy Market will reach US$ 176 Billion by 2026.In China, leading dairy products are yogurt, liquid milk and infant milk formula.
Food safety issues have significantly changed Chinese consumer choices.
Upper and middle class prefer to pay higher prices for imported dairy products which they consider safer and better.
Global companies have also entered the Chinese market by exporting dairy products and selling through online grocery services such as Tesco Plc, and large retailers like Yihaodian.
Covid-19 pandemic has raised people's health awareness and deepened consumers' understanding of the nutritional value of milk and dairy products in China.Renub Research report titled “China Dairy Market & Forecast by Category ( Liquid Milk, Milk Powder, Other), Product (Yogurt, Ice Cream, Probiotic, Cheese, Butter and Margarine, Infant Formula, Flavored Milk Drinks, UHT Milk, Other Dairy Products), Production & Consumption Volume (Food Use, Feed Use, Others Use), Import Volume (Liquid Milk, Cheese, Whole Milk Powder, Skimmed Milk Powder, Whey, Infant Formula), Export Volume, Company (China Mengniu Dairy Company Limited, Inner Mongolia Yili Industrial Group Co., Ltd, China Modern Dairy Holdings Ltd, Bright Dairy & Food Co.,Ltd)” provides a complete analysis of Chinese Dairy Market.Request a free Sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=china-dairy-market-p.phpCategory – Report Studies the Market of the Following Milk Categories & Sub-categories• Liquid Milk (Premium, Regular)• Milk Powder (Premium, Regular)• OtherProduct – Dairy Market in China is divided in 9 products1.
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