DUBLIN, November 22, 2017 /PRNewswire/ --
The "Global Photochromic Lenses Market 2017-2021" report has been added to Research and Markets' offering.
The global photochromic lenses market to grow at a CAGR of 2.71% during the period 2017-2021.
Global Photochromic Lenses Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
According to the report, one driver in the market is convenience of purchase. The online shopping of photochromic lenses offers the convenience of purchase from home. Hence, it is gaining acceptance among customers. The availability of various products over an array of online shops is meeting the needs of the people. A major factor driving the online sales of photochromic lenses is price, which is relatively less than other products available in optical dispensaries and retail outlets. Vendors are offering significant discounts to the first-time buyers, which is influencing the purchase of these products.
One trend in the market is technological advances and innovation. Photochromic lenses are designed for both medical and non-medical applications. They have been undergoing various technological advances including the use of raw materials and coating materials. Technological advances have been taking place to meet the required targets such as increased sensitivity or reactivity to indirect light, enhanced response in hotter climate, and availability of multicolor lenses.
Further, the report states that one challenge in the market is limitations of photochromic lenses for corrective users. Photochromic lenses are highly adopted by preventive users. However, the scenario changes in the case of corrective users owing to their limitations of lower refractive index. The corrective users require a higher refractive index when used for eye disorders such as bifocal disorders and short-sight and long-sight disorders. Due to this limitation, the adoption of photochromic lenses among the corrective users has decreased, which limits the market growth.
- ESSILOR INTERNATIONAL
Other prominent vendors
- HOYA GROUP
- Optical Dynamics
- Signet Armorlite
- Transitions Optical (Essilor International)
- VISION EASE
- Younger optics
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Application
Part 07: Regional Landscape
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/s33bqk/global
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