Executive Summery

This report presents a detailed overview of the GCC Contact Lens Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2022-27. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving GCC Contact Lens industry landscape.

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GCC Contact Lens Market Statistics and Key Highlights

The GCC Contact Lenses market is projected to grow at a CAGR of 4.42% during the forecast period, 2022-27.

• GCC Contact Lens market shows steady growth
• Market size expanding due to rising industry demand
• Competitive landscape driven by tech and innovation
• Detailed segment-wise and geography wise share analysis
• Forecast reveals strong trends shaping future outlook

Key Player- Emerging GCC Contact Lens Companies

• Johnson & Johnson Middle East FZ-LLC
• Bausch + Lomb
• CooperVision
• Hydrogel Vision Corp.
• Abbott Medical Optics Inc.
• Alcon Laboratories Inc.
• Carl Zeiss Middle East & North Africa FZE
• CIBA Vision
• Essilor International
• Contamac
• Others

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Key Driver:

The growing geriatric population across the GCC region has increased the risks of individuals with underlying eye disorders, such as myopia, hypermetropia, diabetic macular edema, cataracts, and glaucoma, among various others. This has elevated the requirement for corrective contact lenses for the elderly population, thereby augmenting the sales of contact lenses in the region. Further, the governmental pension relief & retirement schemes, such as retirement in Dubai, etc., along with the low medical treatment costs & mandatory health insurance for elderly individuals & expatriates, have magnified the population in the region. As a result, the demand for contact lenses has been propelled notably during the historical period.

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GCC Contact Lens Market Segmentation

By Material Type

• Soft Contact Lenses
  • Silicone Hydrogel
  • Hydrogel
• Hard Contact Lenses
  • Rigid Gas-Permeable Lenses (RGP)
  • Polymethyl Methacrylate (PMMA)
• Hybrid Contact Lenses

Of them all, the demand for Soft Contact Lenses experienced considerable growth during 2017-21. 

By Design

• Spherical
• Toric
• Multifocal
• Others (Monovision, Color lenses, etc.)

By Usability

• Reusable
• Disposable

By Application

• Cosmetics
• Corrective
• Others (Prosthetic, Orthokeratology, etc.)

By Sales Channel

• Offline
  • Optical Stores
  • Hospital & Clinics
  • Others (Pharmacies, Beauty Centres, etc.)
• Online
  • Company-owned Portals
  • E-commerce Platforms

By Country

• The UAE
• Saudi Arabia
• Bahrain
• Kuwait
• Oman
• Qatar

Of all the countries in the GCC, Saudi Arabia has been portraying a noticeable market growth since 2017 due to the increasing prevalence of ocular diseases & burgeoning incidences of eye injuries among its populace.

Reasons to Buy This Report

1. Gain comprehensive insights into current market trends and dynamics.
2. Equip your business with data-driven strategies for informed decisions.
3. Identify lucrative market opportunities and strategic growth areas.
4. Analyze competitors to enhance your positioning in the market landscape.
5. Understand geographical trends across diverse markets for better expansion strategies.

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