Egypt Contact Lenses Market to be dominated by Reusable Contact Lenses Through 2028
The increasing demand for colored contact lenses as a fashion
accessory is driving the growth of the Egypt Contact Lenses market in the
forecast period 2024-2028.
According to the TechSci Research report, “Egypt
Contact
Lenses Market - By Region, Competition, Forecast, and Opportunities, 2028F”. Egypt Contact Lenses market
is projected to increase at an impressive rate in the forecast period, 2024-2028.
The factors responsible for the growth of the market are the increasing prevalence
of dry eye diseases in Egypt, along with rising research and development in
contact lenses, owing to high fashion demand. Further, the rising elderly
population with eye problems is anticipated to support the growth of the market
during the forecast period. Increasing awareness
and advantages of reusable lenses, such as thicker and more durable, meaning
they’re less likely to tear. Moreover, the material of these contact lenses allows more
oxygen into to pass in eyes to keep them moist and healthy. This creates a more
comfortable wearing experience which boosts the growth of the Egypt Contact
Lenses market.
However, factors hampering
the overall growth of the Contact Lenses Market are the growing popularity of
eye corrective surgeries, stringent government regulations, and high variation
in price.
Browse over XX market data Figures spread through XX Pages and an in-depth
TOC on the "Egypt Contact Lenses Market.”
Egypt Contact Lenses Market is segmented based on modality, design, material
type, and distribution channels and Application.
Based on modality, the market
is divided into Reusable and Disposable. The disposable category is expected to
increase at a high CAGR in the Egypt Contact Lenses market, owing to the high convenience and healthiest
choice for the patients. Wearing a fresh pair of contact lens every day is safe
and effective since it
minimizes the risk of infections or complications.
Based on design, the market
is segmented into Spherical, Toric, Multifocal, and Others. The spherical
segment is expected to drive the growth of the market throughout the forecast
period, 2024-2028. A significant factor contributing to the growth of the
segment is the high demand for contact lenses, owing to the excellent imaging
properties of spherical lenses. Moreover, it provides clearer, brighter images,
and a less restricted visual range. Astigmatism issues brought on by variations
in the cornea's curvature can be resolved with toric lenses. Hence, toric
lenses segment is anticipated to supplement the growth of the market along with
the multifocal segment during the forecast period 2024-2028.
Based on the material type,
the market is divided into Silicone Hydrogel, Hydrogel, Gas Permeable, and
Others. The silicon hydrogel segment is expected to hold the largest market
share in the forecast period, 2024-2028. As a result, users favor it over other
lenses more. Moreover, it is extensively used for correcting ametropia. This
factor is driving the demand of the silicon hydrogel market.
Major companies operating
in the Egypt Contact Lenses Market
are:
- H. W.
Contact lens
- Tiba Lenses
Co.
- MAGRABi
- LENZY
- Dencott
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Based
on distribution channels, the market is divided into Retail Stores, Online, and
Hospitals & Clinics. Retail Store segment is dominating the growth of the
market, owing to the extensive use of contact lenses, and easy availability of
contact lenses on medical retail stores. Moreover, bulk-manufactured lenses are
supplied through private eye-care professionals or retail stores. Due to this,
online retailing accounts for the smallest share. This factor is supporting the
growth of the market throughout the forecast period.”,
said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based global management consulting firm.
“Egypt Contact Lenses Market Segmented By Modality (Reusable and Disposable), By
Design (Spherical, Toric, Multifocal, Others), By Material Type (Silicone
Hydrogel, Hydrogel, Gas Permeable, Others), By Application (Corrective,
Therapeutic, Cosmetic, Others), By Distribution Channel (Retail Stores, Online,
Hospitals & Clinics), By Region,
Competition, Forecast & Opportunities, 2018-2028F has evaluated the
future growth potential of Egypt Contact Lenses Market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision-makers
take sound investment decisions. Besides, the report also identifies and analyzes
the emerging trends along with essential drivers, challenges, and opportunities
in the Egypt Contact Lenses Market.”
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