August 02, 2022 10:00 ET | Source: Straits Research Straits Research

New York, United States, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Therapeutic contact lenses address ocular and corneal disorders. These lenses protect the cornea from the environment and eyelids. Therapeutic contact lenses mend tissue, preserve vision, and manage discomfort. Therapeutic contact lenses protect the ocular surface against mechanical erosions, especially in people with repetitive corneal erosion syndrome, to induce re-epithelialization and relieve pain. Increasing corneal diseases will enhance the demand for therapeutic contact lenses in the coming year.

Therapeutic lenses address corneal erosions, epithelial abnormalities, bullous keratopathy, and postsurgical conditions such as post-laser vision correction and post-keratoplasty. The use of therapeutic contact lenses to treat eye issues is expected to drive market growth.

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Global Therapeutic Contact Lenses Market: DRIVERS

Pain relief, corneal healing, sealing & protection, and drug delivery drive the worldwide therapeutic contact lens market. Therapeutic contact lenses replace cumbersome glasses, improving a person's appearance. A frenzy of R&D is boosting the therapeutic contact lens market. Contact lenses with different capacities use different materials.

Seven out of ten North American individuals have trouble driving, and nearly half report stressed eyes from driving under bright lights. Therapeutic contact lenses now serve a much broader demographic. These factors should boost the worldwide therapeutic contact lens market by 2030.

As glaucoma increases, so will the demand for therapeutic contact lenses. The WHO expects that glaucoma would affect 95 million people worldwide by 2030, up from 76 million in 2020. China, the UK, and others are developing lenses that monitor eye pressure and cure glaucoma.

As the myopia epidemic spreads and more children develop it, myopia will likely become increasingly common. Children and teens should undergo routine screenings to diagnose and treat refractive errors.

Global Therapeutic Contact Lenses Market: KEY FUTURE OPPORTUNITIES 

Comfortable and effective contact lenses are being used to correct eyesight. Government measures are improving eye care. Several regional governments are raising awareness about eye health. Global government initiatives will boost the demand for improved eye care during the next few years. The U.S. Public Health Service and the CDC are trying to promote awareness about contact lens wearers' activities and risk factors through the Vision Health Initiative.

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Regional Overview of Global Therapeutic Contact Lenses Market

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa make up the Therapeutic Contact Lenses Market.

North America led the therapeutic contact lens market in 2021. North America has the largest market share due to recent breakthroughs in therapeutic contact lenses, the introduction of dynamic soft contact lenses, and the region's flexibility and range of options. Rising popularity of outdoor activities and enhanced healthcare infrastructure in the U.S. and Canada are expected to boost the therapeutic contact lens market. 

The European region has the second-highest income and is expected to expand by 7 percent annually. A rise in ocular illnesses is expected to boost doctors' use of therapeutic contact lenses. 

Asia Pacific is expected to grow rapidly over the projected period. Increased customer purchasing power is expected to drive the therapeutic contact lens market. The growing older population and usage of therapeutic contact lenses in India and China are projected to drive the market.

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Major Players in Global Therapeutic Contact Lenses Market

Global Therapeutic Contact Lenses Market: Segmentation

Table of Content and Figure @ https://straitsresearch.com/report/therapeutic-contact-lenses-market/toc

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