Friday, 17 November 2017

Global Photochromic Lenses Market 2017-2021

Global Photochromic Lenses Market 2017-2021

The following companies are the key players in the global photochromic lenses market: Corning, ESSILOR INTERNATIONAL, Rodenstock, and ZEISS.

Other Prominent Vendors in the market are: HOYA GROUP, Optical Dynamics, Signet Armorlite, Transitions Optical (Essilor International), VISION EASE, and Younger optics.

Commenting on the report, an analyst said: “One trend in the market is technological advances and innovation. Photochromic lenses are designed for both medical and non-medical applications. They have been undergoing various technological advances including the use of raw materials and coating materials. Technological advances have been taking place to meet the required targets such as increased sensitivity or reactivity to indirect light, enhanced response in hotter climate, and availability of multicolor lenses.”

According to the report, one driver in the market is convenience of purchase. The online shopping of photochromic lenses offers the convenience of purchase from home. Hence, it is gaining acceptance among customers. The availability of various products over an array of online shops is meeting the needs of the people. A major factor driving the online sales of photochromic lenses is price, which is relatively less than other products available in optical dispensaries and retail outlets. Vendors are offering significant discounts to the first-time buyers, which is influencing the purchase of these products.

Further, the report states that one challenge in the market is limitations of photochromic lenses for corrective users. Photochromic lenses are highly adopted by preventive users. However, the scenario changes in the case of corrective users owing to their limitations of lower refractive index. The corrective users require a higher refractive index when used for eye disorders such as bifocal disorders and short-sight and long-sight disorders. Due to this limitation, the adoption of photochromic lenses among the corrective users has decreased, which limits the market growth.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

The Research Report Available at  www.rnrmarketresearch.com/global-photochromic-lenses-market-2017-2021-market-report.html

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