Turkey Contact Lens market
is anticipated to register a steady CAGR during the forecast period, 2024-2028. This
can be ascribed to the rising prevalence of eye problems and growing vision impairment
prevalence among geriatric populations across the region. The increased
technological advancement as a result of growing R&D among the leading
institutions and companies practising scientific research for eye wellness
across the region is also a major factor driving the growth of Turkey Contact Lens
market.
The Turkey
Contact Lens market is expanding and seems to benefit most from the aging
population as they contribute most to the healthcare system in the form of
health expenditures. With the rising geriatric population there is an increased
demand for contact lenses for the old-age population to get aid for the vision
impairment issue. Similarly, the market has experienced a significant growth in
the contact lens market due to the rising demand
for cosmetic lenses, among the youth across the region.
Growing
Eye Disease Prevalence in Turkey
According
to the WHO vision report, in 2019, around 2.2 billion people are suffering from
at least a kind of vision impairment globally. Among the 1 billion of these
population, uncorrected presbyopia is the highest occurring disease affecting
the population globally. Moreover, according to the research
studies by the National Centre for Biotechnological Information, the country is
experiencing a growth in prevalence of the eye diseases such as cataract, which
holds the highest position in terms of eye problems in the region, accounting for
50 % of the total eye diseases occurring in the country. Diseases such as cataract
(50%), corneal diseases (15.0%), glaucoma (12%), phthisis bulbi(6.0%), optic
atrophy(6.0%),etc. are also increasing across the country, thereby creating a
huge demand for the Turkey Contact Lens market and at the same time driving the
market growth during the forecast period.
Increased Demand for Cosmetic Contact
Lens
Cosmetic lenses are in huge
demand among the population due to increased influence from the celebrities and
the growing craze of colored lenses in the fashion industries. The colored
contact lens are designed to enhance or change the eye color and thereby are in
huge demand among the young population. Additionally, the UV protection property
added into the cosmetic contact lenses reduces the bright irritating glare and
thus provides anti-reflective properties thereby increasing the market demand. The
leading market companies are thereby making safe and more hygienic, easily
adjustable and even FDA approved colored contact lens, to fulfil the growing
demand for the contact lenses and at the same time is expected to propel the
market growth during the forecast period. For instance, Tech Contact Lens, one
of the leading companies for contact lens in Turkey is providing a range of contact lens namely
the Rainbow contact lens series and is providing lenses in various colors
within their series range :Elite line, Fantasy line, Mirage, Lovely, Marine,
Fun Line and prosthetic-kromatic .
The Increased Demand for Silicone Hydrogel Contact
Lens
The growing advancement in the contact lens are
contributing to the development of contact lens that are offering multiple
advancements to the user along with the normal contact lens properties. The contact lens users
several time face conditions such as eye irritability, eye dryness, etc.,
thereby silicone hydrogel contact lenses are high in demand as they provide
additional moisture to the eye, along with providing enough transmissibility of
oxygen in the eye cornea and thereby propel the market demand and is
anticipated to bolster the market growth during the forecast period. For
instance, the leading companies such as Bosch + Lomb
launched its new product INFUSE Silicone hydrogel series of daily disposable
contact lenses. The silicone hydrogel lenses are majorly suggested by an eye care
specialists or technician to a user if he or she is facing a constant eye
irritability issue due to a contact lens usage thereby increasing the market
demand and is anticipated to add to the growth of the market.
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Market
Segmentation
The
Turkey Contact Lens market is segmented into modality type, design type,
material type, application type, distribution channel, by region and company. Based on Modality,
the market is further segmented into reusable contact lens and disposable
contact lenses.
Recent
development
In August 2022, the Terasaki Institute for Biomedical
Innovation (TIBI) has recently developed an antibody- conjugated signaling
microchamber contact lens (ACSM-CL) that is offering cancer diagnosis and screening.
The lens is designed with microchambers bound to antibodies and has the ability
to detect exosomes found in tears. This advancement is providing a tool for
prescreening and supportive diagnostic tool that is cost efficient, easy, and
non-invasive, and is thereby expected to drive the contact lens market.
Market Players
Tech Contactlens San. Ve Tic.
Ltd. Sti, Diafarma Pharmaceuticals and Medical Products, Alcon Laboratories
Trade. AS, Diplomat Optics, Hoya Türkiye, Bausch + Lomb Sağlık ve Optik
Ürünleri Tic. A.Ş, Johnson & Johnson Türkiye, ZEISS Turkiye, STAAR Surgical
Company and Keralens, etc. are some of the leading players operating in the Turkey
Contact Lens market.
Attribute
|
Details
|
Base Year
|
2022
|
Historic
Data
|
2018 – 2021
|
Estimated
Year
|
2023
|
Forecast
Period
|
2024 – 2028
|
Quantitative
Units
|
Revenue in USD Million, and CAGR for 2018-2022 and 2024-2028
|
Report Coverage
|
Revenue forecast,
company share, competitive landscape, growth factors, and trends
|
Segments Covered
|
By Modality
By Design
By Material
By Application
By Distribution Channel
|
Regional
scope
|
Marmara
Region, Central Anatolia, Eastern Anatolia Region, South-Eastern Anatolia R0065gion,
Aegean Region, Mediterranean Region, Black Sea Region.
|
Key
companies profiled
|
Tech Contactlens San. Ve Tic. Ltd. Sti, Diafarma
Pharmaceuticals and Medical Products, Alcon Laboratories Trade. AS, Diplomat
Optics, Hoya Türkiye, Bausch + Lomb Sağlık ve Optik Ürünleri Tic. A.Ş,
Johnson & Johnson Türkiye, ZEISS Turkiye, STAAR Surgical Company and
Keralens.
|
Customization
scope
|
10% free
report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
Pricing and
purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
Delivery
Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, the global Turkey Contact lens Market has been segmented into the following
categories, in addition to the industry trends which have also been detailed
below:
·
Turkey
Contact Lens Market, By Modality
o
Reusable
o
Disposable
·
Turkey Contact Lens Market, By Design:
o
Spherical
o
Toric
o
Multifocal
o
Others
·
Turkey
Contact Lens Market, By Material Type
o
Silicone Hydrogel
o
Hydrogel
o
Gas Permeable
o
Others
·
Turkey Contact Lens Market, By Application:
o
Corrective
o
Therapeutic
o
Cosmetic
o
Others
·
Turkey Contact Lens Market, By Distribution
Channel:
o
Retail
Stores
o
Online
o
Hospital
& Clinics
·
Turkey Contact Lens Market, By Region:
o Marmara Region
o Central Anatolia
o Eastern Anatolia Region
o South-Eastern Anatolia Region
o Aegean Region
o Mediterranean Region
o Black Sea Region
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in the Turkey Contact lens Market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
Global Turkey Contact Lens Market is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]