Market Overview:
The global 3D printed ophthalmic lenses market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for customized and personalized products, rising awareness about the benefits of 3D printing technology, and growing applications of 3D printed ophthalmic lenses. The global 3D printed ophthalmic lenses market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into traditional prescription lenses, feature lenses, and smart lenses. Traditional prescription lens is further sub-segmented into single vision lens, bifocal lens, trifocal lens and progressive addition lens (PAL). Feature lens is further sub-segmented into tinted or polarized sunglasses; photochromic or transition glasses; computer/gaming glasses; anti-reflective coating glasses; and night driving glasses. Smart Lens is further sub-segmented into intraocular contact lens (IOL) and corneal inlay/onlay implantable contactlens (ICL). On the basis of application, the global 3D printed ophthalmic lense market can be classified into traditional glasses sector comprising spectacles frames & sunglasses frames), feature glass sector comprising corrective eyewear such as reading glasses), smart glass sector comprising augmented reality (AR) & virtual reality(VR) devices).
Product Definition:
3D Printed Opthalmic Lenses are custom-made lenses that are designed and printed using a 3D printer. These lenses can be used to correct vision problems, such as nearsightedness, farsightedness, and astigmatism. They can also be used to treat other eye conditions, such as cataracts and glaucoma.
Traditional Prescription Lenses:
Traditional prescription lenses are used for correcting refractive errors that include myopia (near-sightedness), hyperopia (farsightedness), astigmatism, and presbyopia. The traditional prescription lens market is driven by the growing prevalence of vision impairment coupled with increasing awareness about its treatment. According to the National Eye Institute, by 2030 one in every three American will be diagnosed with some form of age-related eye disorder.
Feature Lenses:
The 3D printed ophthalmic lenses market is expected to witness significant growth over the forecast period. The key drivers of this market are increasing prevalence of vision impairment and rising geriatric population base. According to the World Health Organization (WHO), around 742 million people across the globe aged 12 years and above suffered from vision impairment in 2015. Also, according to a survey by Alcon, Inc.
Application Insights:
The traditional glasses segment dominated the global 3D printed ophthalmic lenses market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for spectacles among children and adults. Furthermore, technological advancements such as software-defined-periphery technology that provides accurate and comfortable fit for patients are further boosting the segment growth.
The smart glasses application is projected to witness significant growth over the forecast period owing to its ability to restore vision loss caused by eye diseases or accidents without surgery or other invasive procedures. Moreover, it also has applications such as augmented reality (AR) and virtual reality (VR). Companies such as Ocumare Health Ltd., CSL Ltd., Corneal Innovations Pty Ltd., ZEISS Canada Inc., Essilor Canada ULC are amongst others working on advanced lens technologies for treating various eye conditions with 3D printed ophthalmic lenses.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to growing R&D investments by key players, increasing adoption of smart devices, and rising prevalence of vision impairment. In addition, high disposable income is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to improving healthcare infrastructure and growing awareness about advanced treatment options for various eye diseases such as cataract surgery or refractive surgery using 3D printed ophthalmic lenses. Moreover, increasing number of companies investing in this region will boost demand for these products over next eight years. For instance; Bausch & Lomb invested USD X million in an eye care clinic project with a vision care center called “Bausch + Lomb Ophthalmology Centerâ€in India's Hyderabad city which has around 1 million population (2017).
Growth Factors:
- Increasing demand for corrective eye surgeries: According to the World Health Organization, over 285 million people in the world require some form of vision correction. This number is only expected to grow in the coming years due to increasing population and aging demographics. This will create a larger pool of potential patients for ophthalmic lens manufacturers, driving growth in the 3D printed ophthalmic lenses market.
- Advances in 3D printing technology: The continued advancement of 3D printing technology is making it easier and more affordable for manufacturers to produce high-quality ophthalmic lenses using this manufacturing method. This is helping to drive growth in the market as more consumers become aware of and interested in using 3D printed lenses.
- Growing popularity of custom-made eyewear: A growing trend among consumers is towards custom-made eyewear that specifically meets their individual needs and preferences. Ophthalmic lens manufacturers who are able to offer customized products will be better positioned to capture a larger share of this growing market segment, fueling growth in the overall 3D printed opthalmic lenses market .
Scope Of The Report
Report Attributes
Report Details
Report Title
3D Printed Opthalmic Lenses Market Research Report
By Type
Traditional Prescription Lenses, Feature Lenses, Smart Lenses
By Application
Traditional Glasses, Feature Glasses, Smart Glasses
By Companies
Luxexcel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global 3D Printed Opthalmic Lenses Market Report Segments:
The global 3D Printed Opthalmic Lenses market is segmented on the basis of:
Types
Traditional Prescription Lenses, Feature Lenses, Smart Lenses
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Traditional Glasses, Feature Glasses, Smart Glasses
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Luxexcel
Highlights of The 3D Printed Opthalmic Lenses Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Traditional Prescription Lenses
- Feature Lenses
- Smart Lenses
- By Application:
- Traditional Glasses
- Feature Glasses
- Smart Glasses
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 3D Printed Opthalmic Lenses Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
3D Printed Opthalmic Lenses are eyeglasses that are made with a 3D printer. They are designed to help people who have difficulty seeing because of eye diseases or injuries.
Some of the key players operating in the 3d printed opthalmic lenses market are Luxexcel.
The 3d printed opthalmic lenses market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 3D Printed Opthalmic Lenses Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 3D Printed Opthalmic Lenses Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 3D Printed Opthalmic Lenses Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 3D Printed Opthalmic Lenses Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 3D Printed Opthalmic Lenses Market Size & Forecast, 2018-2028
4.5.1 3D Printed Opthalmic Lenses Market Size and Y-o-Y Growth
4.5.2 3D Printed Opthalmic Lenses Market Absolute $ Opportunity
Chapter 5 Global 3D Printed Opthalmic Lenses Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 3D Printed Opthalmic Lenses Market Size Forecast by Type
5.2.1 Traditional Prescription Lenses
5.2.2 Feature Lenses
5.2.3 Smart Lenses
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 3D Printed Opthalmic Lenses Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 3D Printed Opthalmic Lenses Market Size Forecast by Applications
6.2.1 Traditional Glasses
6.2.2 Feature Glasses
6.2.3 Smart Glasses
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 3D Printed Opthalmic Lenses Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 3D Printed Opthalmic Lenses Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America 3D Printed Opthalmic Lenses Analysis and Forecast
9.1 Introduction
9.2 North America 3D Printed Opthalmic Lenses Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America 3D Printed Opthalmic Lenses Market Size Forecast by Type
9.6.1 Traditional Prescription Lenses
9.6.2 Feature Lenses
9.6.3 Smart Lenses
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America 3D Printed Opthalmic Lenses Market Size Forecast by Applications
9.10.1 Traditional Glasses
9.10.2 Feature Glasses
9.10.3 Smart Glasses
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe 3D Printed Opthalmic Lenses Analysis and Forecast
10.1 Introduction
10.2 Europe 3D Printed Opthalmic Lenses Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe 3D Printed Opthalmic Lenses Market Size Forecast by Type
10.6.1 Traditional Prescription Lenses
10.6.2 Feature Lenses
10.6.3 Smart Lenses
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe 3D Printed Opthalmic Lenses Market Size Forecast by Applications
10.10.1 Traditional Glasses
10.10.2 Feature Glasses
10.10.3 Smart Glasses
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific 3D Printed Opthalmic Lenses Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 3D Printed Opthalmic Lenses Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific 3D Printed Opthalmic Lenses Market Size Forecast by Type
11.6.1 Traditional Prescription Lenses
11.6.2 Feature Lenses
11.6.3 Smart Lenses
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific 3D Printed Opthalmic Lenses Market Size Forecast by Applications
11.10.1 Traditional Glasses
11.10.2 Feature Glasses
11.10.3 Smart Glasses
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America 3D Printed Opthalmic Lenses Analysis and Forecast
12.1 Introduction
12.2 Latin America 3D Printed Opthalmic Lenses Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America 3D Printed Opthalmic Lenses Market Size Forecast by Type
12.6.1 Traditional Prescription Lenses
12.6.2 Feature Lenses
12.6.3 Smart Lenses
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America 3D Printed Opthalmic Lenses Market Size Forecast by Applications
12.10.1 Traditional Glasses
12.10.2 Feature Glasses
12.10.3 Smart Glasses
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) 3D Printed Opthalmic Lenses Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 3D Printed Opthalmic Lenses Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) 3D Printed Opthalmic Lenses Market Size Forecast by Type
13.6.1 Traditional Prescription Lenses
13.6.2 Feature Lenses
13.6.3 Smart Lenses
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) 3D Printed Opthalmic Lenses Market Size Forecast by Applications
13.10.1 Traditional Glasses
13.10.2 Feature Glasses
13.10.3 Smart Glasses
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 3D Printed Opthalmic Lenses Market: Competitive Dashboard
14.2 Global 3D Printed Opthalmic Lenses Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Luxexcel
