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World Contact Lens and Solutions Market to Reach US6.7 Billion in 2010...

Convenience is likely to continue to drive the daily disposable, biweekly, and monthly disposable (the three widely used disposable types) lens markets, while sales of conventional soft lens, and rigid gas permeables are expected to slide further. The latest in technological developments has brought soft contacts made of silicone hydrogels to the global marketplace, a scientific advancement expected to revolutionize the extended wear lenses segment. Of the total 125 million wearers of contact lenses worldwide, approximately 50% are projected to shift to silicone hydrogel lenses (http://www.strategyr.com/MCP-3210.asp) is estimated at US$1.6 billion in 2007. Growth in contact lens care solutions has remained relatively flat and is expected to continue the same trend through 2010. With the arrival of disposable soft lens and their rapid acceptance, the need for lens care solutions has been minimized to a great extent. Growth in the segment is centered on sales of multi-purpose solutions.

The market for contact lens and lens care solutions is highly competitive and concentrated. Companies compete on the basis of factors such as product performance, price, marketing, and distribution reach. The contact lens market is dominated by Bausch & Lomb, CIBA Vision, CooperVision, and Vistakon/Johnson & Johnson. Leading players in the lens care solutions market are Bausch & Lomb, Alcon, Advanced Medical Optics, and CIBA Vision.

For more details about this research report, please visit http://www.strategyr.com) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

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