Indonesia Contact Lenses Market to be Dominated by Soft Contact Lenses Segment Through 2028
The increase in the income of urban dwellers is
expected to drive the growth of Indonesia contact lenses market in the forecast
period, 2024-2028.
According
to TechSci Research report, “Indonesia Contact Lenses Market - By
Region, Competition, Forecast and Opportunities, 2028F”, Indonesia contact lenses market is anticipated to grow at an impressive
rate in the forecast period, 2024-2028. This can be ascribed to its growing
need by students and young adults. They are indeed a significant consumer segment that often expresses a
need for contact lenses. Contact
lenses are preferred by people who want to make a positive impression in social
and professional settings. The improved comfort of contact lenses can contribute
to a sense of confidence and professionalism. Clear and optimal vision is crucial for students who need to read
textbooks, study materials, and screens for extended periods. Contact lenses
provide a wider field of view and better peripheral vision compared to
eyeglasses, allowing for an immersive learning experience. Refractive errors, such as near-sightedness
(myopia) or farsightedness (hyperopia), are common among students and young
adults. Contact lenses offer an effective means of correcting these vision
conditions, allowing for better visual acuity without the need for traditional
eyeglasses.
Major trend which is observed in Indonesia contact lenses market is having sustainability and eco-friendly options. Sustainability and eco-friendly options are
gaining importance in various industries, including the contact lenses market.
While the contact lens industry has traditionally focused on vision correction
and comfort, there is a growing recognition of the need for more sustainable
and environmentally friendly practices. Contact lens manufacturers are
exploring sustainable and biodegradable materials as alternatives to
conventional materials. This includes the development of contact lenses made
from biopolymers or bio-derived materials that have a reduced environmental
impact compared to traditional polymers. Some contact lens manufacturers and retailers have implemented
recycling programs to collect used contact lenses and their packaging. These
programs aim to divert contact lens waste from landfills and promote recycling
or proper disposal methods. Extended wear contact lenses and reusable contact
lenses can be more environmentally friendly compared to daily disposable
lenses.
A challenge which is being faced by Indonesia contact
lenses market is prescription requirements. Prescription requirements can limit the
accessibility of contact lenses for some individuals. Those who require vision
correction but do not have access to regular eye exams or eye care professionals
may face challenges in obtaining a prescription. This can hinder their ability
to acquire contact lenses and result in decreased market penetration. Contact lenses are classified as medical devices in
many countries, including Indonesia, and are subject to regulatory oversight.
This means that contact lenses are typically available only with a valid
prescription from an eye care professional. Regulatory compliance ensures that
contact lenses are used safely and effectively, protecting the vision and eye
health of consumers.
Browse over XX market data Figures spread through XX
Pages and an in-depth TOC on "Indonesia Contact
Lenses Market.”
The Indonesia contact lenses market can be segmented by modality,
design, material type, application, distribution channel, and region. Based on application, Indonesia
contact lenses market can be segmented into corrective, therapeutic, cosmetic,
and others. Therapeutic application in contact lenses refers to the use of
contact lenses for therapeutic purposes beyond vision correction. These
specialized contact lenses are designed to deliver specific treatments or
address certain eye conditions such as, when they are used as a platform for
ocular drug delivery, allowing for targeted and controlled release of
medications to the eye. Drug-eluting contact lenses can be used to treat
various eye conditions, including glaucoma, dry eye syndrome, and corneal
infections. The contact lens acts as a vehicle to deliver the medication
directly to the eye, enhancing efficacy and reducing the need for frequent
application of eye drops. Orthokeratology is a non-surgical approach that uses
specialized gas permeable contact lenses to reshape the cornea temporarily.
This therapeutic technique aims to correct refractive errors such as myopia
(near-sightedness) and astigmatism.
Based on distribution
channel, Indonesia contact lenses market can be segmented into retail stores,
online, and hospitals & clinics. The online market for contact lenses has
experienced significant growth and popularity in recent years. Online platforms
typically offer a vast selection of contact lens options, including different
brands, types (such as daily disposables, monthly disposables, toric lenses,
and coloured lenses), and prescription options. This allows consumers to find
lenses that suit their specific needs and preferences. Online platforms often
provide customer reviews and ratings for contact lenses, allowing consumers to
make informed decisions based on the experiences of other users. This can be
helpful in selecting the right lenses and understanding their quality and
performance. Some online retailers offer subscription services for contact
lenses, allowing consumers to set up recurring orders and receive their lenses
on a regular basis. This can provide convenience and ensure that individuals
have a steady supply of lenses without the need for repeat ordering.
Major
companies operating in Indonesia contact lenses market are:
- PT. Optik Seis
- PT. Orion Lenses
- PT. Softlens Indonesia
- PT. Yogya Optik
- PT. Johnson & Johnson Vision care Indonesia
- Pt. Bausch & Lomb Indonesia
- PT Novartis Indonesia
In 2018: Johnson & Johnson Vision announced
revolutionary contact lens innovation with ACUVUE OASYS with transition light
intelligent technology.
In 2021: Johnson
& Johnson introduced new ACUVUE OASYS MULTIFOCAL with PUPIL OPTIMIZED
DESIGN and expanded the ACUVUE OASYS portfolio of offerings for patients with
presbyopia.
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“Indonesia
contact lenses
market is expected to dominate the market during the forecast period on account
of increment in customization and personalization of contact lenses.
Consumers are
increasingly looking for contact lenses that cater to their specific needs.
This includes personalized fitting, prescription customization, and options for
astigmatism correction or multifocal lenses to address various vision
requirements as eye health and safety have become important considerations for
consumers. Besides, increasing concern about healthy lifestyles and increasing
expenditure on health and wellness is further expected to create lucrative
opportunities for the market growth” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“Indonesia
Contact Lenses Market By Modality (Reusable, Disposable), By Design (Spherical,
Toric, Multifocal, and Others),
By Material Type (Silicone Hydrogel, Hydrogel, Gas Permeable, and Others),
By Application (Corrective, Therapeutic, Cosmetic, and Others), By Distribution
Channel (Retail Stores, Online, and Hospitals & Clinic), By Region, Competition, Forecast and Opportunities,
2028F”, has evaluated the future growth potential of Indonesia
contact lenses
market and provides statistics & information on market
size, structure, and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Indonesia contact lenses market.
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