According to the report analysis, ‘Europe Bifocal Lenses Industry Situation And Prospects Research Report’ some of the major key players which are currently functioning in this industry for more development in this market such as Essilor, Zeiss, Hoya, Kodak, Rodenstock, MingYue, Conant, Chemi, Nilon, Hongchen Optical and others. All the major leading players in Europe’s bifocal lenses industry are optimistic and focusing more on manufacturing more effective product and offering strong brands which result reasonable reliability.
Bifocal lenses are eyeglasses with two distinct optical powers. Originally, bifocal lenses were designed with most convex lenses in the lower half and the least convex lenses on the upper of the frame. With new technology and development in the material researches have manufactured such a lens using a liquid crystal layer sandwiched among two glass substrates for reducing problem of headaches while using bifocal lens. Moreover, the significant increase in the need for sunglasses, consciousness among people about the arc error and the augmented use of electronic instruments has led to growth in the glass lens market. Furthermore, the bifocal lenses are classified into two segments of market such as separation type and gluing type. In addition to this, the applications of bifocal lenses are also segmented on the basis of wants in the market such as hospitals, Optical shops and others.
According to the research analysis, population aged 65 and more are becoming greater every year and vision loss is major issue. Not only aged population needed bifocal lens but today’s youth is also suffering from vision loss problem due to extensive use of gadgets and others which led to vision loss issue. Moreover, not only the problem of loss vision is solved by bifocal lens but a farsighted person can also make the use of bifocal lens for reading and learning. Hence, the bifocal lens are prescribes to people with presbyopia who need correction for hyperopia, myopia and astigmatism.
New innovations and technology development in electronics, improving economies, increasing disposable incomes and end user application of the product are the key drivers to add more number of consumers and make the market more beneficial for the investors and major key players. With the rising digital literacy, online shopping and availability of wide range of products with highly competitive prices has strengthened the bifocal lenses market in Europe. Geographically, with the leading players of Europe some of the European bifocal lenses industry is spread across Germany, Russia, UK, France, Italy and other regions. In future, it is expected that in Europe, Sweden will have the highest proportion of contact lens users between the ages of 15 and 70 approx. Moreover, UK is also growing slightly while Spain has its own nascent stage of the target population wearing contact lenses. Rise in demand for advanced bifocal lenses is anticipated to boost the market for bifocal lenses in the region. In future, it is projected that the advancing research and development of bifocal lenses in the market will witness a significant growth due to increase in the demand.
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