The Saudi Arabia contact lens market size is anticipated to grow at a CAGR of 5.50% during the forecast period of 2024-2032, driven by the increasing prevalence of different ocular diseases, especially amongst the geriatric population.
Contact lenses are medical devices which are used as an alternative for spectacles. While contact lenses are easy to use and effective in improving vision upon use, they must be used carefully, and maintaining their hygiene should be an absolute priority. Contact lens are used to manage eye conditions such as ocular surface diseases and other corneal diseases. They are also used in therapeutic management of corneal and ocular diseases, especially soft and scleral diseases.
Contact lens help in the management of eye conditions by creating a protective barrier between the cornea and external environment. It also provides relief from pain, heals corneal wounds, and hydrate the corneal epithelium as well. Therapeutic lenses are used to manage a large variety of corneal conditions, including corneal erosions, corneal epithelial defects, and postsurgical conditions, such as post–laser vision correction.
There are several trends which are significantly aiding the Saudi Arabia contact lens market growth and some of them include the increasing prevalence of different ocular diseases in geriatric population, rising population with weak eyesight, and the rising disposable incomes. The most common type of eye disorders can be categorized into myopia, astigmatism, and hyperopia, among others.
The rapid technological advancements in the manufacturing of contact lenses are significantly propelling the Saudi Arabia contact lens market development. These new technologies include drug-eluting lenses, which are corrective contact lenses which come with its own medication, eradicating the need to use eye drops again and again. These drug-eluting contact lenses have antihistamines within them which helps with the discomfort and provides relief to the users who have itchy or have allergic eyes. These lenses aid with the itchiness that occurs in the eyes. Itchiness usually occurs to people who have allergic conjunctivitis, and these lenses also correct the refractive error of patients who have or do not have lens implants in their eyes.
Market Breakup by Material Type
Market Breakup by Design
Market Breakup by Usages
Market Breakup by Applications
Market Breakup by Distribution Channel
The market for contact lens in Saudi Arabia has extensive potential of growth and is one of the key key markets attributing to the healthcare industry of Saudi Arabia. There are several factors that are driving the market growth and some of them include the increasing prevalence of different ocular diseases in geriatric population, which is most commonly myopia, astigmatism, or hyperopia, among others.
Factors like the rapidly increasing prevalence of myopia, along with other ocular disorders, are propelling the demand for contact lenses. There is a wide range of contact lenses that are available and are curated to fulfill certain needs of the users and are known as specialty lenses. For example, scleral lenses are the contact lenses that have large diameters and are frequently used in the treatment of corneal disorders.
Additionally, the rapidly increasing technological advancements and continuous research to improve the quality and effectiveness of contact lenses is also supporting the growth of the market. The key players in the market are investing heavily in order to bring out the best possible services and devices that may benefit the patients with eye diseases or irregularities in the country and contribute to the Saudi Arabia contact lens market expansion.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players.
|Scope of the Report
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|Breakup by Material Type
|Breakup by Design
|Breakup by Usages
|Breakup by Applications
|Breakup by Distribution Channel
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Saudi Arabia Contact Lens Market Overview
3.1 Saudi Arabia Contact Lens Market Historical Value (2017-2023)
3.2 Saudi Arabia Contact Lens Market Forecast Value (2024-2032)
4 Saudi Arabia Contact Lens Market Landscape
4.1 Saudi Arabia Contact Lens Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Saudi Arabia Contact Lens Product Landscape
4.2.1 Analysis by Type
4.2.2 Analysis by Technology
4.2.3 Analysis by Applications
5 Saudi Arabia Contact Lens Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Saudi Arabia Contact Lens Market Segmentation
6.1 Saudi Arabia Contact Lens Market by Material Type
6.1.1 Market Overview
6.1.2 Silicone Hydrogel
6.1.4 Gas Permeable
6.1.5 Fluorosilicone Acrylate
6.2 Saudi Arabia Contact Lens Market by Design
6.2.1 Market Overview
6.2.2 Spherical Lens
6.2.3 Toric Lens
6.2.4 Multifocal Lens
6.3 Saudi Arabia Contact Lens Market by Usages
6.3.1 Market Overview
6.4 Saudi Arabia Contact Lens Market by Applications
6.4.1 Market Overview
6.5 Saudi Arabia Contact Lens Market by Distribution Channel
6.5.1 Market Overview
6.5.4 Eye Care Centres
7 Patent Analysis
7.1 Analysis by Type of Patent
7.2 Analysis by Publication year
7.3 Analysis by Issuing Authority
7.4 Analysis by Patent Age
7.5 Analysis by CPC Analysis
7.6 Analysis by Patent Valuation
7.7 Analysis by Key Players
8 Grants Analysis
8.1 Analysis by year
8.2 Analysis by Amount Awarded
8.3 Analysis by Issuing Authority
8.4 Analysis by Grant Application
8.5 Analysis by Funding Institute
8.6 Analysis by NIH Departments
8.7 Analysis by Recipient Organization
9 Funding Analysis
9.1 Analysis by Funding Instances
9.2 Analysis by Type of Funding
9.3 Analysis by Funding Amount
9.4 Analysis by Leading Players
9.5 Analysis by Leading Investors
9.6 Analysis by Geography
10 Partnership and Collaborations Analysis
10.1 Analysis by Partnership Instances
10.2 Analysis by Type of Partnership
10.3 Analysis by Leading Players
10.4 Analysis by Geography
11 Regulatory Framework
11.1 Regulatory Overview
11.1.1 US FDA
11.1.2 EU EMA
11.1.3 INDIA CDSCO
11.1.4 JAPAN PMDA
12 Supplier Landscape
12.1 Al-Jamil Optical Co.
12.1.1 Financial Analysis
12.1.2 Product Portfolio
12.1.3 Demographic Reach and Achievements
12.1.4 Mergers and Acquisitions
12.2 CooperVision, Inc.
12.2.1 Financial Analysis
12.2.2 Product Portfolio
12.2.3 Demographic Reach and Achievements
12.2.4 Mergers and Acquisitions
12.3 EssilorLuxottica SA
12.3.1 Financial Analysis
12.3.2 Product Portfolio
12.3.3 Demographic Reach and Achievements
12.3.4 Mergers and Acquisitions
12.4 Alcon Inc.
12.4.1 Financial Analysis
12.4.2 Product Portfolio
12.4.3 Demographic Reach and Achievements
12.4.4 Mergers and Acquisitions
12.5 Johnson & Johnson
12.5.1 Financial Analysis
12.5.2 Product Portfolio
12.5.3 Demographic Reach and Achievements
12.5.4 Mergers and Acquisitions
12.6 Monros International For General Trading & Contracting Co.
12.6.1 Financial Analysis
12.6.2 Product Portfolio
12.6.3 Demographic Reach and Achievements
12.6.4 Mergers and Acquisitions
12.7 Golden Cala
12.7.1 Financial Analysis
12.7.2 Product Portfolio
12.7.3 Demographic Reach and Achievements
12.7.4 Mergers and Acquisitions
12.8 Bausch Health Companies Inc.
12.8.1 Financial Analysis
12.8.2 Product Portfolio
12.8.3 Demographic Reach and Achievements
12.8.4 Mergers and Acquisitions
12.9 Carl Zeiss AG
12.9.1 Financial Analysis
12.9.2 Product Portfolio
12.9.3 Demographic Reach and Achievements
12.9.4 Mergers and Acquisitions
12.10 Bella Contact Lenses
12.10.1 Financial Analysis
12.10.2 Product Portfolio
12.10.3 Demographic Reach and Achievements
12.10.4 Mergers and Acquisitions
13 Saudi Arabia Contact Lens Market - Distribution Model (Additional Insight)
13.2 Potential Distributors
13.3 Key Parameters for Distribution Partner Assessment
14 Key Opinion Leaders (KOL) Insights (Additional Insight)
15 Company Competitiveness Analysis (Additional Insight)
15.1 Very Small Companies
15.2 Small Companies
15.3 Mid-Sized Companies
15.4 Large Companies
15.5 Very Large Companies
16 Payment Methods (Additional Insight)
16.1 Government Funded
16.2 Private Insurance
*Additional insights provided are customisable as per client requirements.
The market size is anticipated to grow at a CAGR of 5.50% during the forecast period of 2024-2032.
The key drivers aiding the market growth include increasing prevalence of different ocular diseases in geriatric population rising product launches, rising technological advances, and rising disposable incomes, among others.
The increasing technological advancement and continuous research to improve the quality and effectiveness of contact lenses is major key trends in the Saudi Arabia contact lens market.
The different types of materials used in the market to manufacture contact lens are silicone hydrogel, hydrogel, gas permeable, and fluorosilicone acrylate, among others.
The different designs of contact lens in Saudi Arabia are spherical lens, toric lens, and multifocal lens, among others.
Contact lens find wide applications in corrective, therapeutic, cosmetic, prosthetic, lifestyle-oriented uses, among others.
The different usages of contact lens include disposable contact lenses and reusable contact lenses.
The different distribution channels for contact lenses in the market are hospitals, e-commerce, and eye care centers, among others.
Key players involved in the market are Al-Jamil Optical Co., CooperVision, Inc., EssilorLuxottica SA, Alcon Inc., Johnson & Johnson, Monros International For General Trading & Contracting Co., Golden Cala, Bausch Health Companies Inc., Carl Zeiss AG, and Bella Contact Lenses.
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