북미 스마트 콘택트 렌즈 시장 – 2030년까지의 산업 동향 및 예측

북미 스마트 콘택트 렌즈 시장 분석 및 규모

북미 스마트 콘택트 렌즈 시장은 시장 참여자의 증가와 고급 제품의 가용성으로 인해 예측 기간 동안 성장할 것으로 예상됩니다. 이와 함께 제조업체는 시장에 새로운 제품을 출시하기 위해 R&D 활동에 참여하고 있습니다. 그러나 스마트 콘택트 렌즈의 높은 비용은 예측 기간 동안 북미 스마트 콘택트 렌즈 시장의 성장을 방해할 수 있습니다.

FDA 승인 증가와 광범위한 제품 및 기기의 존재는 시장 성장을 촉진하고 있습니다. 정부 투자 증가와 대중의 인지도 상승은 시장 성장에 수익성 있는 기회를 제공할 것으로 예상됩니다. 그러나 증가하는 제품 리콜은 시장 성장에 도전이 될 수 있습니다.

Data Bridge Market Research는 북미 스마트 콘택트 렌즈 시장이 2030년까지 13.6%의 CAGR로 486,070.83천 달러에 도달할 것으로 분석했습니다. 마이크로 LED 디스플레이 콘택트 렌즈 세그먼트는 점점 더 발전하는 기술과 주요 시장 참여자들의 증가하는 전략적 이니셔티브로 북미 스마트 콘택트 렌즈 시장을 지배할 것으로 예상됩니다.

Market Definition

A smart contact lens with a built-in visual display is designed to magnify images for people with low vision. The patented lens, designed by a company called Mojo Vision, can project content from a smartphone.

The smart contact lens is a regular hard or soft contact lens surrounded by a liquid crystal display, a tiny controller ASIC (Application-Specific Integrated Circuit), a light sensor, an accelerometer and gyroscope, and a very thin solid-state lithium-ion battery.

Smart contact lenses are used for various applications, such as myopia, hypoxia, and other eye disorders.

North America Smart Contact Lens Market Dynamics

This section deals with understanding the market drivers, opportunities, restraints, and challenges. All of this is discussed in detail below:     

Drivers

Increase in Prevalence of Refractive Error

Refractive errors include various types of eye diseases, which causes vision problem that make it hard to see object clearly, and smart contact lenses help by providing clearer images. The increasing use of smart lenses to prevent macular degeneration is expected to drive smart contact lens market growth.

For instance,

• According to the National Institute of Health study in 2015, 917 subjects participated. The prevalence of uncorrected refractive errors was 23.97% among males and 20% among females. The prevalence was seen to increase with age
• According to Peter Ivins Eye Care in 2018, 2-year clinical trial results show that MiyoSmart lenses slow myopia progression by 59% and slow axial eye growth by an average of 60%.

Restraints

Increasing Side Effects Associated With Contact Lenses

Wearing contact lenses feel like an amazing upgrade to eyeglasses. People can see objects more clearly by using contact lenses. They can fit easily into the eye and allow people to perform numerous tasks that might be uncomfortable by wearing glasses, such as traveling and exercising, among others. However, if contact lenses are not used properly, there could be numerous side effects, even affecting the eye's vision in the long run.

Below are the various types of risks and side effects of using smart contact lenses:

• Blockage of oxygen supply to the eyes: Contact lenses lie directly on the eye, cover the entire cornea, and the amount of oxygen reaching the eyes decreases. Passes of oxygen are required to keep the eye healthy
• Diminished corneal reflex: Contact lenses cause to reduce the corneal reflex in the eye. The corneal reflex is a protective mechanism of the eye
• Corneal abrasion: Contact lenses can scratch the cornea and which causes corneal abrasion if the contact lenses are not fitted properly or even when the eyes are too dry
• Red eye or conjunctivitis: If people wear contact lenses for long hours, there will be a high risk of conjunctivitis

These are various symptoms associated with seasonal eye allergies while wearing smart contact lenses. Also, people have itchy or burning allergies to contact lens solutions, which hamper the demand for the smart contact lenses market

Opportunity

Technological Advancements in Contact Lenses

Day by day, technology is evolving and developing various products to improve people's lifestyles, and the same is happening in eye care. As technology is advancing, different brands are taking materials, lens designs, and wear schedules that can fit almost every individual need and also aids in developing contact lenses with improved quality, which makes wearers' lives better. Users enjoy greater flexibility and a lot more choices regarding contact lenses. There are a variety of contact lenses available in the market.

For instance,

• Extended-wear contact lenses

• Daily-wear contact lenses

• Rigid Gas Permeable (RGP) contact lenses

• Soft Contact Lenses

Contact lens materials have also changed significantly over the past few years. The newest contact lens materials offer better oxygen breathability than the last generation of soft contact lenses. Silicone hydrogel is incorporated into the polymer, allowing more oxygen to pass directly through the contact lens to the cornea. These new materials can afford up to ten times more oxygen to the cornea than the previous contact lenses, providing superior comfort and wearability.

Manufacturers present in the market are developing new technology smart contact lenses with a tiny built-in display that offers the wearer augmented reality images on a screen sitting right on the wearer's eyeballs. Also, manufacturers utilized a new unique technology that regularly provides users with a more optimal comfort experience using digital devices. For this reason, technological advancement in contact lenses is expected to act as an opportunity for the growing demand for the North America smart contact lenses market.

Challenge

Safety Concerns Associated With the Use of Contact Lenses

Contact lenses have a lot of advantages as well as disadvantages. Wearing contact lenses has several serious conditions, including eye infections and corneal ulcers. These conditions can develop very quickly and can be very serious.

It is important that hands should be dry before touching the contact lenses because germs from hands can be transferred to contact lenses and the lens case. Some germs can cause eye infections.

For instance,

• As per the CDC report in 2017, 99% of surveyed contact lens wearers admitted to at least one poor lens-hygiene habit that could lead to infection, such as rinsing the lenses in tap water. One-third have visited a doctor for a red or painful eye related to their lenses.

Contact lenses may give an illusion of getting rid of taking care of the glasses. However, contact lenses require significant care to retain their effectiveness and keep the eyes healthy.

While contact lenses are usually a safe and effective form of vision correction, they are not entirely risk-free, especially if not cared for properly. Contact lenses are medical devices, and failure to wear, clean, and store them as directed can increase the risk of eye infections, such as microbial keratitis, which may challenge the growth of the North America smart contact lens market

Recent Developments

• In July 2022, Raayon Nova/Smart Contact Lens presented its prototype device at AR conference at Columbia University. This will help the company to expand its business North Americaly.
• In April 2018, a patent application revealed that Samsung was exploring the development of a contact lens that could project images directly into the users' eye, take photographs and connect wirelessly to a smartphone. This has helped the company to increase its North America presence of the company

North America Smart Contact Lens Market Scope

The North America smart contact lens market is categorized into eight segments based on design, material, application, usability, technology, population, end user, and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

By Design

• Micro-LED display contact lens
• Diagnostic sensor integrated contact lens
• Photodetector contact lenses
• Drug eluding contact lenses
• Electrochemical contact lens sensors
• Light diffractive contact lenses
• Fluorescence-based contact lenses
• Others

On the basis of design, the North America smart contact lens market is segmented into fluorescence-based contact lenses, electrochemical contact lens sensors, light diffractive contact lenses, micro-LED display contact lenses, photodetector contact lenses, drug eluding contact lenses, diagnostic sensor integrated contact lenses, and others.

By Material

• Poly (2-Hydroxyethyl Methacrylate) (PHEMA)
• Polyvinyl Alcohol (PVA)
• Polyacrylamide (PA)
• Polyethylene Terephthalate (PET)
• Polydimethylsiloxane (PDMS)
• Other

On the basis of material, the North America smart contact lens market is segmented into Poly (2-Hydroxethyl Methacrylate) (PHEMA), Polyvinyl Alcohol (PVA), Polyacrylamide (PA), Polyethylene Terephthalate (PET), Polydimethylsiloxane (PDMS), and others.

By Application

• Monitoring
• Therapeutics
• Other applications

On the basis of application, the North America smart contact lens market is segmented into monitoring, therapeutics, and other application.

By Usablity

• Single use
• Extended use

On the basis of usability, the North America smart contact lens market is segmented into single use and extended use.

By Technology

• Fluorescence-based sensing technology
• Holographic sensing technology
• Colorimetric based sensing technology
• Electrochemical-based technologies
• Other

On the basis of technology, the North America smart contact lens market is segmented into fluorescence-based sensing technology, holographic sensing technology, colorimetric based sensing technology, electrochemical-based technologies, and others.

By Population Type

• Pediatric
• Adult
• Geriatric

On the basis of population type, the North America smart contact lens market is segmented into pediatric, adults, and geriatric.

By End User

• Eye hospital
• Ophthalmology clinics
• Homecare setting
• Other

On the basis of end user, the North America smart contact lens market is segmented into eye hospital, ophthalmology clinics, home care settings, and others.

By Distribution Channel

• Retail stores
• Online stores
• Eye care practitioners
• Other

On the basis of distribution channel, the North America smart contact lens market is segmented into retail stores, online stores, eye care practitioners, and others.

North America Smart Contact Lens Market Regional Analysis/Insights

The North America smart contact lens market is categorized into eight notable segments: design, material, application, usability, technology, population, end user, and distribution channel.

The countries covered in the North America smart contact lens market is U.S.

U.S. is expected to lead the North America smart contact lens market as it comprises a large number of major market players and a huge network of suppliers and manufacturers.

 보고서의 국가 섹션은 또한 현재 및 미래 시장 추세에 영향을 미치는 국내 시장의 개별 시장 영향 요인과 규제 변화를 제공합니다. 신규 판매, 교체 판매, 국가 인구 통계, 규제 조치 및 수출입 관세와 같은 데이터 포인트는 개별 국가의 시장 시나리오를 예측하는 데 사용되는 주요 포인터 중 일부입니다. 또한 인과 그 파생물의 존재 및 가용성과 엄격한 규제로 인해 직면한 과제는 국가 데이터의 예측 분석을 제공하는 동안 고려됩니다.

경쟁 환경 및 북미 스마트 콘택트 렌즈 시장 점유율 분석

북미 스마트 콘택트 렌즈 시장 경쟁 구도는 경쟁자별 세부 정보를 제공합니다. 포함된 세부 정보에는 회사 개요, 회사 재무, 창출된 수익, 시장 잠재력, 사업 확장, 서비스 시설, 파트너십, 전략적 개발, 애플리케이션 지배력 및 기술 수명선 곡선이 있습니다. 위에 제공된 데이터 포인트는 회사의 북미 스마트 콘택트 렌즈 시장에 대한 집중과만 관련이 있습니다.

북미 스마트 콘택트렌즈 시장의 주요 기업으로는 Innovega INC, InWith Corp, Sensimed AG, RaayonNova LLC, Mediprint, e-Vision Smart Optics, Inc., SAMSUNG 등이 있습니다.

SKU-68612