The Latin America, Middle East and Africa Contact Lenses Market would witness market growth of 8.7% CAGR during the forecast period (2018-2024). A contact lens is a thin lens placed on the surface of the eye. Contact lenses are worn to correct vision, or also used for cosmetic or therapeutic reasons. These lenses are coated with anti-refractive materials, scratch resistance materials, and ultraviolet protection materials to enhance the therapeutic benefits of lenses, and as a result, offer comfort to the user. The contact lenses market in Latin America and Middle East & Africa is exhibiting growth due to increasing demand for cosmetic contact lenses and custom lenses. This is further supported by the increasing disposable income of the consumers and rising number of visual inaccuracies.
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Based on the Product, the Contact Lenses market is segmented into Soft lens, RPG lens, and Hybrid lens. Based on the Design, the market is segmented into Spherical, Toric, Multifocal, and Others. The application segment covers, Corrective, Therapeutic, Cosmetic, Prosthetic, and Lifestyle-oriented. The report also covers country wise segmentation of Contact Lenses market. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Abbott Medical Optics, Alcon Laboratories, Bausch & Lomb, Carl Zeiss, X-Cel Specialty Contacts, Contamac, CooperVision, Eagle Optics, Essilor International, and HOYA CORPORATION.
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