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QYResearch: The Global Smart Contact Lenses is expected to reach about 1075.69 M USD by 2022

http://www.qyresearchglobal.com/goods-686877.html According to QYResearch, The Global Smart Contact Lenses is expected to reach about 1075.69 M USD by 2022 from 59.92 M USD in 2016, registering a Compounded Annual Growth Rate (CAGR) of 57.74% during the analysis period, 2017-2022.

http://www.qyresearchglobal.com/goods-686877.html According to QYResearch, The Global Smart Contact Lenses is expected to reach about 1075.69 M USD by 2022 from 59.92 M USD in 2016, registering a Compounded Annual Growth Rate (CAGR) of 57.74% during the analysis period, 2017-2022.

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<strong>QYResearch</strong><br />

Compared <strong>to</strong> 2015, the smart contact lenses of Sensimed AG managed <strong>to</strong> increase sales <strong>by</strong><br />

40.44 percent <strong>to</strong> 47.98 million <strong>USD</strong> in worldwide in 2016. Overall, the smart contact lenses<br />

performance <strong>is</strong> positive, despite the weak economic environment.<br />

<strong>The</strong> technical barriers of smart contact lenses are high, and the smart contact lenses<br />

market concentration degree <strong>is</strong> relatively lower. <strong>The</strong> manufacturing bases concentration<br />

only in Switzerland; there <strong>is</strong> only one manufacturer in the world. And there are some<br />

companies researching, such as Google, Samsung, Sony, PEGL and others.<br />

<strong>The</strong> key fac<strong>to</strong>rs driving the growth of the aforementioned industry are product’s high<br />

technology content and practical. With the improvement of people's awareness of its<br />

applicability, the increased consumption of smart contact lenses are <strong>expected</strong> <strong>to</strong> continue<br />

during the remaining years of the forecast period of 2017-<strong>2022</strong>.<br />

w w w. q y re s e a rc h . c o m

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