OREANDA-NEWS. The rising number of patients suffering from a variety of ophthalmic disorders is the key growth driver of the global contact lenses market. As per a report by the World Health Organization (WHO), globally, there are nearly 285 million people who are visually impaired. The primary appeal of contact lenses is that they are available in large varieties based on design. Each design serves to different consumer needs and the scope of such customizations has triggered the global demand for contact lenses.

Rising Ophthalmological Disorders Among Middle-aged People to Put North America in Dominant Position

North America is the leading regional market for contact lenses in terms of revenue, representing a share of 30% in the global market in 2015. The growth in this region can be attributed to the rapidly growing geriatric population and vast rise in the number of young and middle-aged ophthalmological patients.

However, Asia Pacific is anticipated to be the fastest-growing regional contact lenses market between 2016 and 2024. The growing awareness regarding the benefits of contact lenses is propelling the growth of the market. Moreover, the rising penetration of modern technologies in contact lens production and the increased safety and accuracy granted through such procedures coupled with affordability are fuelling the demand for contact lenses in the region.