South Korea Therapeutic Contact Lenses Market Size & Outlook
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South Korea therapeutic contact lenses market highlights
- The South Korea therapeutic contact lenses market generated a revenue of USD 109.0 million in 2022 and is expected to reach USD 184.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.8% from 2023 to 2030.
- In terms of segment, soft lens was the largest revenue generating product in 2022.
- Rigid lens is the most lucrative product segment registering the fastest growth during the forecast period.
Therapeutic contact lenses market data book summary
| Market revenue in 2022 | USD 109.0 million |
| Market revenue in 2030 | USD 184.9 million |
| Growth rate | 6.8% (CAGR from 2022 to 2030) |
| Largest segment | Soft lens |
| Fastest growing segment | Rigid lens |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Soft lens, Rigid lens |
| Key market players worldwide | Bausch & Lomb Corp, Danaher Corp, The Cooper Companies Inc, Johnson & Johnson, Alcon Inc, X-Cel Specialty Contacts, Contamac, Excellent Care, Surgitech, UltraVision |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.7% of the global therapeutic contact lenses market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan therapeutic contact lenses market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 268.4 million by 2030.
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Therapeutic Contact Lenses Market Scope
Therapeutic Contact Lenses Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| UltraVision | View profile | 11-50 | San Antonio, Texas, United States, North America | https://lasik2c.com |
| Surgitech | View profile | - | Johannesburg, NA - South Africa, South Africa, Africa | http://www.surgitech.co.za/ |
| Excellent Care | View profile | 1001-5000 | Tokushima-shi, Tokushima, Japan, Asia | https://excare.co.jp |
| Contamac | View profile | 101-250 | Saffron Walden, Essex, United Kingdom, Europe | https://www.contamac.com/ |
| X-Cel Specialty Contacts | View profile | 51-100 | Duluth, Georgia, United States, North America | https://www.xcelspecialtycontacts.com |
| The Cooper Companies Inc | View profile | 15000 | 6101 Bollinger Canyon Road, Suite 500, San Ramon, CA, United States, 94583 | https://www.coopercos.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Bausch & Lomb Corp | View profile | 13300 | 520 Applewood Crescent, Vaughan, ON, Canada, L4K 4B4 | https://www.bausch.com |
| Alcon Inc | View profile | 25315 | Chemin de Blandonnet 8, Royce Bedward, Vernier, Geneva, Switzerland, 1214 | https://www.alcon.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
South Korea therapeutic contact lenses market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to therapeutic contact lenses market will help companies and investors design strategic landscapes.
Soft lens was the largest segment with a revenue share of 64.95% in 2024. Horizon Databook has segmented the South Korea therapeutic contact lenses market based on soft lens, rigid lens covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Therapeutic Contact Lenses Product Outlook (Revenue, USD Million, 2018-2030)
- Soft lens
- Silicon hydrogel
- Hydrogel
- Others
- Rigid lens
- Soft lens
- South Korea Therapeutic Contact Lenses Application Outlook (Revenue, USD Million, 2018-2030)
- Post ocular surgery
- Corneal surgery/disorders
- Drug delivery
- Others
- South Korea Therapeutic Contact Lenses Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Retail
- E-commerce
- Others
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Target buyers of South Korea therapeutic contact lenses market databook
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Our clientele includes a mix of therapeutic contact lenses market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea therapeutic contact lenses market , including forecasts for subscribers. This country databook contains high-level insights into South Korea therapeutic contact lenses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea Product - Therapeutic Contact Lenses Market size, 2024 - 2030 (US$M)
South Korea Therapeutic Contact Lenses Market Outlook Share, 2024 & 2030 (US$M)
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