Egypt Contact Lenses Market By Modality (Reusable and Disposable), By Design (Spherical, Toric, Multifocal, Others), By Material Type (Silicone Hydrogel, Hydrogel, Gas Permeable, Others), By Application (Corrective, Therapeutic, Cosmetic, Others), By Distribution Channel (Retail Stores, Online, Hospitals & Clinics), By Region, Competition, Forecast, and Opportunities, 2018-2028F
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEgypt Contact Lenses Market By Modality (Reusable and Disposable), By Design (Spherical, Toric, Multifocal, Others), By Material Type (Silicone Hydrogel, Hydrogel, Gas Permeable, Others), By Application (Corrective, Therapeutic, Cosmetic, Others), By Distribution Channel (Retail Stores, Online, Hospitals & Clinics), By Region, Competition, Forecast, and Opportunities, 2018-2028F
Egypt Contact Lenses market is expected to grow at a significant rate during the forecast period 2024-2028. A contact lens is required to correct refractive defects and make up for visual impairments such as myopia, hyperopia, presbyopia, and astigmatism. As a result, the market is anticipated to grow throughout the course of the forecast period, due to an increase in graphic discrepancies. Contact lenses are tiny lenses designed to be applied to the surface of the eye to correct eyesight. Depending on the type, comfort, and reusability of the lenses, they are either hard or soft. The primary factors driving the market expansion during the forecast period are the rising acceptance of these devices in developing nations and the increase in the prevalence of refractive defects in Egypt.
Contact lenses are the best choice for those people who are not willing to wear an eyeglass or undergo corrective eye surgery. The market's top players are also engaged in developing awareness campaigns and introducing cutting-edge products, which are expected to encourage the growth of daily disposables.
Furthermore, the material must be biocompatible, and the production facility must be carried out in a hygienic atmosphere. Manufacturers must go by a number of requirements issued by the IAMRA, FDA, and EU Commission while creating lenses. Manufacturers are required to include adequate information with the package, including the sterilization and disinfection procedures utilized. Manufacturers are receiving regulatory approval for the production of lenses made of fluoro silicon hydrogel, similar to PMMA and pHEMA. Moreover, the disadvantage of eye drops has been overcome by new technology and therapeutic advancements, such as the construction of drug-eluting lenses, which are contact lenses that carry medication to the eyes. For those who suffer from allergies and itchy eyes, the drug-eluting lens contains antihistamines. The use of this kind of lens avoids ocular, in turn, driving the growth of contact lenses in Egypt.
Prevalence of Eye Diseases in Egypt is Driving the Growth of the Market.
The western desert oasis is unique in Egypt due to its geographic location outside of the ancient valley. Some infectious diseases are affected by the desert's hot, dry weather. The eye is undoubtedly impacted in a variety of ways by UV radiation. UV exposure is undoubtedly increased when working in the desert during the day, especially when doing so in agricultural areas. Pterygium, cataracts, and age-related macular degeneration are a few conditions that are directly linked to UV exposure.
Rising Demand of Colored Contact Lenses as a Fashion Accessory
The usage of colored contact lenses has grown as more of a fashion accessory, as a result of changing living habits, particularly among young people. Additionally, generation Z is increasingly adopting and using colored contact lenses due to its aesthetic qualities and characteristics, as a result of social media's expanding influence. The colored contact lenses lighten and/or completely alter the color of the eyes, giving them a more youthful appearance. Additionally, the entertainment sector is seeing an increase in demand for fashionable contact lenses that enhance eye beauty and come in a variety of colors, tints, and textures. The market growth over the following few years is hence anticipated to be positively impacted by this. Furthermore, the growing disposable income of the population in Egypt has led to an increase in consumer expenditure on products like contact lenses. Along with increasing fashion and lifestyle explorations and the growing trend to adding bright fun color to the everyday routine, people are now highly attracted to explore colored contact lenses. This factor is driving the growth of the contact lenses market in Egypt.
Growing Research & Developments in Contact Lenses
The market for contact lenses is driven by the desire to do away with eyeglasses and switch to "Plano" sunglasses to improve aesthetic appearance. The use of contact lenses has grown as a result of ongoing technological advancements. Research & development activities, in terms of contact lenses, have been increased which include the materials used to make contact lenses and their features & functionality, among others. The companies operating in the contact lens industry are increasing their R&D expenditure and activities to improve their existing product portfolio and for developing new products.
Shortage of Ophthalmologists is Anticipated to Hamper the Growth of the Egypt Contact lenses Market.
Since the elderly are more likely to have chronic eye conditions like glaucoma, dry eye disease, or retinal degeneration, not to mention cataracts, the most common surgical procedure performed in Egypt, population growth and aging continue to be the main factors driving an increase in demand for ophthalmologists in Egypt. Together with rising expectations from patients and their careers, novel treatments for previously incurable eye illnesses are further anticipated to increase the need for these professionals in the ophthalmology sector. Hence, the increasing elderly population with eye diseases and the shortage of Ophthalmologist is limiting the market expansion in Egypt.
Market Segmentation
Egypt Contact Lenses Market is segmented based on
Market players
The key players in the Egypt Contact Lenses Market are H. W. Contact lens, Tiba Lenses Co., MAGRABi, LENZY, Dencott
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | By Product Type By Type By Volume By Material By End User |
| Regional scope | Cairo, Alexandria, Giza Qalyubia, Port Said Suez, Rest of Egypt. |
| Key companies profiled | H. W. Contact lens, Tiba Lenses Co., MAGRABi, LENZY, Dencott. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy