Bandage Contact Lenses Market: Precise Analysis to Change Competitive Dynamics – KSU

Bandage contact lenses are soft contact lenses that are used to protect the cornea against chafing and irritation caused by mechanical rubbing of the eyelids, and for other functions such as pain relief, scarring, sealing and maintaining corneal hydration, thereby allowing the cornea to heal under conditions such as eye injury or corneal disease. These contact lenses have no focusing power and are not intended for vision correction. Bandage contact lenses are available in different shapes, materials and wearing programs, depending on the application. Recent clinical studies have demonstrated the effectiveness of bandage contact lenses in the treatment of many corneal diseases, including dry eye. These are also used for the administration of drugs to the cornea in some cases.

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The increasing prevalence of eye disorders, the increase in the number of vision correction surgeries, the rapid aging of the population around the world, and the increase in the applications of bandage contact lenses in the treatment of eye disorders are the major factors expected to boost the global bandage contact lens market during the forecast period. Clinical studies around the world have demonstrated the clinical and therapeutic effects, including faster corneal reepithelialization, reduced patient discomfort, and other benefits of bandage contact lenses in the treatment of various eye disorders, including dry eye, filamentous keratopathy, bullous keratopathy and other diseases. . According to the American Academy of Ophthalmology (AAO), approximately 48,229 corneal implants were performed in the United States in 2013. The prevalence of cataracts and other eye disorders such as glaucoma, blindness, and diabetic retinopathy is increasing. increase, cataracts affecting nearly 24 million people in the United States each year. In addition, an estimated 21 million LASIK surgeries were performed in the United States alone in 2015. Increased number of vision correction surgeries including LASIK, increased number of cataract surgeries performed in the US Global and growing applications of bandage contact lenses in post-surgical corneal healing field is expected to drive the market from 2017 to 2025.

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The global bandage lens market can be segmented on the basis of material, indication, and region. In terms of materials, the market can be categorized into lotrafilacon, balafilacon, senofilacon, methafilacon and other materials. The increasing applications of bandage contact lenses and increasing patient preferences are prompting manufacturers to use new and more advanced materials in the manufacture of bandage contact lenses. Based on the indications, the global bandage lens market can be divided into corneal removal, eye disease due to dyeing, LASIK surgery, and others. Various clinical trials and studies conducted worldwide demonstrating the clinical and therapeutic effects of bandage contact lenses in the protection and treatment of the cornea have led to the use of bandage contact lenses in new indications.

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In terms of region, the global bandage contact lens market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is expected to dominate the global market during the forecast period. The increasing incidence of eye diseases, increasing applications and adoption of bandage contact lenses among healthcare providers and patients, increasing healthcare spending and adequate reimbursement policies are the main factors attributed to the higher market share of North America during the forecast period. Europe is expected to represent the second largest share of the bandage contact lens market. However, the rapid increase in the incidence of eye diseases in Asia-Pacific, especially in China, Singapore, Indonesia and other countries in Southeast Asia, the increase in health expenditure are factors that are expected to fuel the growth of the Asia-Pacific market from 2017 to 2025.

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The major players in the global bandage contact lens market are Vistacom, Inc., Alcon (Novartis AG), Bausch + Lomb, Incorporated (Valeant Pharmaceuticals International, Inc.) and Unilens Corporation.

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