NA Smart Contact Lens Market - Industry Trends and Forecast to 2029
- Published Date: 2022-12-31
- Report ID: 144122
- Pages: 225
-
Format:
Short Description
North America 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) Country (U.S.) Industry Trends & Forecast to 2029.
Market Definition:
Smart contact lenses are a way to introduce a computer-like interface to the human eye, but there are many other smart contact lens applications.
Smart contact lens Market is driven by the increase in the number of clinical trials being conducted, a significant increase in the outsourcing of projects, and a rise in investments in research and development by market players. 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:
North America smart contact lens market is categorized into five segments: design, material, application, distribution channel, and end-user.
Based on material, the North America 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 global smart contact lens market due to an increase in demand for smart contact lenses
Based on the design, the North America 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 global smart contact lens market with the increasingly advanced technology and rising strategic initiatives by major market players
Based on application, the North America smart contact lens market is segmented into eye health monitor, 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 global smart contact lens market with the increasing prevalence of various eye disorders
Based on end-user, the North America smart contact lens market is segmented into clinics, hospitals, home care settings and others. In 2022, the hospital is expected to dominate the North America smart contact lens market with the increasing number of patients
Based on distribution channel, the North America smart contact lens market is segmented into clinics, retail stores, e-commerce and hospitals. In 2022, clinics are expected to dominate the North America smart contact lens market with the increasing number of product launches.
Market Players
The key market players operating in the North America smart contact lens market are listed below:
Mojo Vision Inv,
Innovega,
MediPrint,
OCUMEDIC, INC.,
InWith Corp,
Sony Corporation,
Samsung,
Sensimed AG,
Apple Inc.,
Microsoft,
TABLE OF CONTENTS
1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 OVERVIEW OF NORTH AMERICA SMART CONTACT LENS MARKET 15
1.4 LIMITATIONS 16
1.5 MARKETS COVERED 17
2 MARKET SEGMENTATION 19
2.1 MARKETS COVERED 19
2.2 GEOGRAPHICAL SCOPE 20
2.3 YEARS CONSIDERED FOR THE STUDY 21
2.4 CURRENCY AND PRICING 21
2.5 DBMR TRIPOD DATA VALIDATION MODEL 22
2.6 MULTIVARIATE MODELLING 25
2.7 DESIGN LIFELINE CURVE 25
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 26
2.9 DBMR MARKET POSITION GRID 27
2.10 MARKET APPLICATION COVERAGE GRID 28
2.11 SECONDARY SOURCES 29
2.12 ASSUMPTIONS 29
3 EXECUTIVE SUMMARY 30
4 PREMIUM INSIGHTS 33
4.1 PORTERS FIVE FORCES 34
4.2 PESTEL ANALYSIS 35
4.3 INDUSTRIAL INSIGHTS: 36
4.4 CONCLUSION: 36
5 NORTH AMERICA SMART CONTACT LENS MARKET: REGULATIONS 37
6 MARKET OVERVIEW 40
6.1 DRIVERS 42
6.1.1 INCREASE IN PREVALENCE OF REFRACTIVE ERROR 42
6.1.2 RISING CASES OF DIABETIC RETINOPATHY 43
6.1.3 INCREASING R&D ACTIVITIES BY KEY MARKET PLAYERS FOR SMART CONTACT LENS 43
6.1.4 RISE IN THE PREVALENCE OF EYE DISORDER 44
6.2 RESTRAINTS 44
6.2.1 INCREASING SIDE EFFECTS ASSOCIATED WITH CONTACT LENSES 44
6.2.2 GROWING ACCEPTANCE OF REFRACTIVE SURGERIES 45
6.3 OPPORTUNITIES 45
6.3.1 TECHNOLOGICAL ADVANCEMENTS IN CONTACT LENSES 45
6.3.2 INCREASING PREFERENCE FOR CONTACT LENSES INSTEAD OF EYEGLASSES 46
6.4 CHALLENGES 46
6.4.1 SAFETY CONCERNS ASSOCIATED WITH THE USE OF CONTACT LENSES 46
6.4.2 STRICT REGULATIONS AND STANDARDS FOR APPROVAL OF CONTACT LENSES 47
7 NORTH AMERICA SMART CONTACT LENS MARKET, BY DESIGN 48
7.1 OVERVIEW 49
7.2 MICROLED DISPLAY CONTACT LENS 52
7.3 DIAGNOSTIC SENSOR INTEGRATED CONTACT LENS 52
7.4 PHOTODETECTOR CONTACT LENSES 53
7.5 DRUG ELUDING CONTACT LENS 53
7.6 ELECTROCHEMICAL CONTACT LENS SENSORS 54
7.7 LIGHT DIFFRACTIVE CONTACT LENSES 54
7.8 FLUORESCENCE-BASED CONTACT LENSES 55
7.9 OTHERS 56
8 NORTH AMERICA SMART CONTACT LENS MARKET, BY MATERIAL 57
8.1 OVERVIEW 58
8.2 GRAPHENE 61
8.3 HYDROGEL CONTACT LENSES 61
8.4 CONDUCTING POLYMERS 62
8.5 HYBRID CONTACT LENSES 62
8.6 METAL NANOWIRES 63
8.7 CARBON NANOTUBES 63
8.8 INORGANIC MAGNETIC OXIDE NANOSHEETS 64
8.9 METAL-MESH STRUCTURES 64
8.10 PEPTIDE MODIFIED GOLD NANOBOWL (AUNBS) 65
9 NORTH AMERICA SMART CONTACT LENS MARKET, BY APPLICATION 66
9.1 OVERVIEW 67
9.2 DIABETES/CONTINUOUS GLUCOSE MONITORING/GLAUCOMA 70
9.3 INTRAOCULAR PRESSURE MONITORING 70
9.4 FARSIGHTEDNESS 71
9.5 EYE HEALTH MONITOR 72
9.6 CATARACTS 72
9.7 DRUG DELIVERY 73
9.8 NIGHT VISION 73
9.9 OTHERS 74
10 NORTH AMERICA SMART CONTACT LENS MARKET, BY END USER 75
10.1 OVERVIEW 76
10.2 CLINICS 79
10.3 HOSPITALS 79
10.4 HOME CARE SETTINGS 80
10.5 OTHERS 80
11 NORTH AMERICA SMART CONTACT LENS MARKET, BY DISTRIBUTION CHANNEL 81
11.1 OVERVIEW 82
11.2 CLINICS 85
11.3 RETAIL STORES 85
11.4 E-COMMERCE 86
11.5 HOSPITALS 87
12 NORTH AMERICA SMART CONTACT LENS MARKET, BY REGION 88
12.1 NORTH AMERICA 89
12.1.1 U.S. 95
13 COMPANY PROFILE 97
13.1 SENSIMED AG 97
13.1.1 COMPANY SNAPSHOT 97
13.1.2 PRODUCT PORTFOLIO 97
13.1.3 RECENT DEVELOPMENT 97
13.1.3.1 PMDA Approval 97
13.2 APPLE INC. 98
13.2.1 COMPANY SNAPSHOT 98
13.2.2 REVENUE ANALYSIS 98
13.2.3 PRODUCT IN PIPELINE 99
13.2.4 RECENT DEVELOPMENT 99
13.2.4.1 PRODUCT DEVELOPMENT 99
13.3 GLAKOLENS BIYOMEDIKAL BIYOTEKNOLOJI SAN. VE TIC. A.. 100
13.3.1 COMPANY SNAPSHOT 100
13.3.2 PRODUCT IN PIPELINE 100
13.3.3 RECENT DEVELOPMENT 100
13.3.3.1 PRODUCT LAUNCH 100
13.4 INNOVEGA INC., 101
13.4.1 COMPANY SNAPSHOT 101
13.4.2 PRODUCT IN PIPELINE 101
13.4.3 RECENT DEVELOPMENT 101
13.4.3.1 PATENT 101
13.5 INWITH CORP 102
13.5.1 COMPANY SNAPSHOT 102
13.5.2 PRODUCT IN PIPELINE 102
13.5.3 RECENT DEVELOPMENT 102
13.5.3.1 PATENT ANALYSIS 102
13.6 MEDIPRINT 103
13.6.1 COMPANY SNAPSHOT 103
13.6.2 PRODUCT IN PIPELINE 103
13.6.3 RECENT DEVELOPMENT 103
13.6.3.1 PATENT ANALYSIS 103
13.7 MICROSOFT 104
13.7.1 COMPANY SNAPSHOT 104
13.7.2 REVENUE ANALYSIS 104
13.7.3 PRODUCT IN PIPELINE 105
13.7.4 RECENT DEVELOPMENT 105
13.7.4.1 PRODUCT DEVELOPMENT 105
13.8 MOJO VISION INC., 106
13.8.1 COMPANY SNAPSHOT 106
13.8.2 PRODUCT PORTFOLIO 106
13.8.3 RECENT DEVELOPMENT 106
13.8.3.1 PARTNERSHIP 106
13.9 OCUMEDIC, INC., 107
13.9.1 COMPANY SNAPSHOT 107
13.9.2 PRODUCT IN PIPELINE 107
13.9.3 RECENT DEVELOPMENT 107
13.9.3.1 PARTNERSHIP 107
13.10 RAAYONNOVA LLC 108
13.10.1 COMPANY SNAPSHOT 108
13.10.2 PRODUCT IN PIPELINE 108
13.10.3 RECENT DEVELOPMENT 108
13.10.3.1 PATENT 108
13.11 SAMSUNG 109
13.11.1 COMPANY SNAPSHOT 109
13.11.2 REVENUE ANALYSIS 109
13.11.3 PRODUCT IN PIPELINE 110
13.11.4 RECENT DEVELOPMENT 110
13.11.4.1 PATENT GRANT 110
13.12 SONY CORPORATION 111
13.12.1 COMPANY SNAPSHOT 111
13.12.2 REVENUE ANALYSIS 111
13.12.3 PRODUCT IN PIPELINE 112
13.12.4 RECENT DEVELOPMENT 112
13.12.4.1 PRODUCT DEVELOPMENT 112
13.13 STMICROELECTRONICS 113
13.13.1 COMPANY SNAPSHOT 113
13.13.2 REVENUE ANALYSIS 113
13.13.3 PRODUCT IN PIPELINE 114
13.13.4 RECENT DEVELOPMENT 114
13.13.4.1 PARTNERSHIP 114
14 RELATED REPORTS 115
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