Between 2014 and 2020, global shipments of eyewear products are expected to grow at an annual compound rate of 3.2%, according to a new forecast from Grand View Research. In 2012, the number of units shipped reached 2.75 billion; by 2020, shipments will rise to 3.51 billion units and the market will be worth $142.2 billion. The publication lists spectacle frames and contact lenses as key market drivers in 2012, as these product categories were responsible for more than half… Read More ➝
How do you like the idea of scanning data and taking pictures with your contact lenses? It may sound like something out of a sci-fi book or film but such lenses already exist thanks to the hybrid electrode developed by Korean scientists from the Ulsan National Institute of Science and Technology (UNIST). As with every new invention, it may take a while to commercialise, but the leader of the research team, Professor Jang-Ung Park, believes that the hybrid structure has… Read More ➝
Many eye care professionals believe that daily disposable contact lenses (DDCL) offer the best solution for contact lens wearers. DDCLs eliminate the need for cleaning and disinfecting, offering the best in comfort with the least effort. However, many contact lens wearers disregard the most important thing about DDCLs, in that they have to be thrown away at the end of the day. This has been established through an international study led by researchers from the University of Waterloo in Ontario,… Read More ➝
Existing contact lens wearers and people suffering from astigmatism remain the biggest market for manufacturers, but teenagers and presbyopes provide "massive" opportunities for eye care practitioners. This is according to Oliver Spandow, UK & Ireland general manager for Johnson & Johnson Vision Care. In an exclusive interview for the Optician journal, Spandow said he wanted to establish partnerships with eye care practices in order to spur growth in the contact lens market and ensure that patients get the best possible… Read More ➝
As medical technology continues its rapid advance, contact lenses are becoming increasingly versatile medical devices. In addition, they are expected to become a key segment of the fledgling wearable technology market, serving as data displays for personal health or any other type of information. Because these contact lenses will require a power source, EPGL Medical Sciences is hoping that its new power supply technology will speed up the market. EPGL has announced that its engineers have created the first contact… Read More ➝
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