Short Description
Asia-Pacific Smart Contact Lens Market, By Application (Eye Health Monitor, Diabetes/Continuous Glucose Monitoring/Glaucoma, Farsightedness, Cataracts, Intraocular Pressure Monitoring, Drug Delivery, Night Vision, Others (Telescopes, Photography, Blink/Solar Power, Archival Storage, Augmented Reality/Virtual Reality, Led Display)), Design (Fluorescence-Based Contact Lenses, Electrochemical Contact Lens Sensors, Light Diffractive Contact Lenses, Micro-Led Display Contact Lenses, Photodetector Contact Lenses, Drug Eluding Contact Lenses, Diagnostic Sensor Integrated Contact Lenses, Others) Material (Graphene, Carbon Nanotubes, Metal Nanowires, Metal Mesh-Structures, Conducting Polymers, Inorganic Magnetic Oxide Nanosheets, Peptide Modified Gold Nanobowls (AUNBS), Hydrogel Contact Lenses, Hybrid Contact Lense), End User (Clinics, Hospitals, Home Care Settings and, Others) Distribution Channel (Clinics, Retail Stores, E-Commerce and Hospitals) Countries (Japan) Industry Trends & Forecast to 2029.
Market Definition:
Smart contact lenses are an advanced optics technology designed to enhance human possibilities.
The demand for the smart contact lens market has increased in both developed and developing countries, and the reason behind this is the increasing market strategic initiatives. The smart contact lens market is growing due to innovative products, increasing technological developments, and rising disposable income. The market will grow in the forecasted period due to the exploration of emerging markets, strategic initiatives by market players, and increasing healthcare expenditure.
Market Segmentation:
Asia-Pacific smart contact lens market is categorized into five notable segments, which are design, material, application, distribution channel and end-user
Based on material, the Asia-Pacific smart contact lens market is segmented into graphene, carbon nanotubes, metal nanowires, metal mesh structures, conducting polymers, inorganic magnetic oxide nanosheets, and peptide modified gold nanobowls (AUNBS), hydrogel contact lenses, hybrid contact lenses. In 2022, the hybrid contact lens segment is expected to dominate the Asia-Pacific smart contact lens market due to increasing healthcare expenditure and market players partnership
Based on the design, the Asia-Pacific smart contact lens market is segmented into fluorescence-based contact lenses, electrochemical contact lens sensors, light diffractive contact lenses, micro-led display contact lenses, photodetector contact lenses, and drug eluding contact lenses, diagnostic sensor integrated contact lenses, others. In 2022, drug eluding contact lenses is expected to dominate the Asia-Pacific smart contact lens market with the increasingly advanced technology and rising strategic initiatives by major market players
Based on application, the Asia-Pacific smart contact lens market is segmented into eye health monitors, diabetes/continuous glucose monitoring/glaucoma, farsightedness, cataracts, intraocular pressure monitoring, drug delivery, night vision, and others (telescopes, photography, blink/solar power, archival storage, augmented reality/virtual reality, led display). In 2022, diabetes/continuous glucose monitoring/glaucoma is expected to dominate the Asia-Pacific smart contact lens market with the increasing prevalence of various eye disorders
Based on end-user, the Asia-Pacific smart contact lens market is segmented into clinics, hospitals, home care settings and others. In 2022, the hospital is expected to dominate the Asia-Pacific smart contact lens market with the increasing patient population
Based on distribution channels, the Asia-Pacific smart contact lens market is segmented into clinics, retail stores, e-commerce and hospitals. In 2022, clinics are expected to dominate the Asia-Pacific smart contact lens market with the increasing number of R&D activities
Market Players
The key market players operating in the Asia-Pacific smart contact lens market are listed below:
Mojo Vision Inv
Innovega
MediPrint
OCUMEDIC, INC.
InWith Corp
Sony Corporation
Samsung
Sensimed AG
Apple Inc.
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