Smart Contact Lenses Market Size, Analysis, Outlook, Report 2024 To 2033

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Smart Contact Lenses
Global Market Report 2024
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Smart Contact Lenses Market Segments
The Business Research Company segments the smart
contact lenses market segments market report as
ByBySoTuyrpcee
Daily Wear Soft Lenses Etended-Wear Planned
Replacement Rapid Gas Permeable (RGP) Other
Types
By BAypFpolircmation
Intraocular Pressure Monitoring Continuous
Glucose Monitoring
ByByApEnpdlicUastieorn
Hospitals Ophthalmology Clinics Other End Users
. . .
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Market Statistics
The smart contact lenses market size has grown
rapidly in recent years. It will grow from 5.14
billion in 2023 to 5.80 billion in 2024 at a
compound annual growth rate (CAGR) of 12.8.
The growth in the historic period can be
attributed to growing prevalence of
vision-related disorders and eye conditions,
increasing demand for real-time health
monitoring and diagnostics, rising awareness
about the benefits of smart contact lenses,
expanding applications in healthcare and medical
diagnostics, surge in research and development
activities.The smart contact lenses market size
is expected to see rapid growth in the next few
years. It will grow to 8.92 billion in 2028 at a
compound annual growth rate (CAGR) of 11.3. The
growth in the forecast period can be attributed
to growing demand for personalized healthcare
solutions, growing aging population and the
associated rise in age- related eye disorders,
increasing adoption of wearable devices for
health and lifestyle management, rising interest
in non-invasive health monitoring solutions,
emerging markets and untapped potential in
developing regions. Major trends in the forecast
period include integration of augmented reality
(AR) and virtual reality (VR) technologies,
technological advancements in microelectronics
and miniaturization, continuous innovation in
smart contact lens technology, enhanced
connectivity features and IoT integration.
8.92 B
5.80 B
5.14 B
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Key Market Drivers And Trends

• Drivers
• Anticipated Surge In Glaucoma Cases Drives Smart
  Contact Lenses Growth Is the main driver of the
  market
• Trends
• Advancements In Augmented Reality Contact Lenses
  Is the main
• trend of the market
• Region
• North America is the largest region in the market

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Top Players In The Market
Major companies operating in the smart contact
lenses market report are Google LLC, Johnson
Johnson, Huawei Technologies Co., Ltd, Hitachi
Ltd., Sony Group Corporation, International
Business Machines Corporation, Samsung
Electronics Co Ltd, Novartis AG, Liner
Technologies Inc., STMicroelectronics N.V. ,
Alcon Vision LLC, Interuniversity
Microelectronics Centre , Atmel Corporation,
Optical Technology Inc., Luxexcel, Innovega
Inc., InWith Corporation, EP Global
Communications Inc., Azalea Vision, MediPrint
Ophthalmics, Tissot Medical Research SA
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