Asia Pacific Contact Lens Inspection Market Size & Outlook
Asia Pacific contact lens inspection market, 2018-2030 (US$M)
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Asia Pacific contact lens inspection market highlights
- The Asia Pacific contact lens inspection market generated a revenue of USD 248.6 million in 2023.
- The market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, manual contact lens inspection tool was the largest revenue generating type in 2023.
- Manual Contact Lens Inspection Tool is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 248.6 million |
| Market revenue in 2030 | USD 366.5 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Manual contact lens inspection tool |
| Fastest growing segment | Manual Contact Lens Inspection Tool |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Manual Contact Lens Inspection Tool, Semiautomatic Contact Lens Inspection Systems, Fully Automatic Contact Lens Inspection Systems |
| Key market players worldwide | Neitz Instruments, AMETEK Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.9% of the global contact lens inspection market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 366.5 million by 2030.
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Contact Lens Inspection Market Scope
Contact Lens Inspection Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific contact lens inspection market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to contact lens inspection market will help companies and investors design strategic landscapes.
Manual contact lens inspection tool was the largest segment with a revenue share of 44.69% in 2023. Horizon Databook has segmented the Asia Pacific contact lens inspection market based on manual contact lens inspection tool, semiautomatic contact lens inspection systems, fully automatic contact lens inspection systems covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is expected to witness significant growth due to the rising healthcare spending in several countries, more companies entering the manufacturing sector for contact lens inspection machines, and an increasing number of consumers adopting contact lenses.
As more people choose contact lenses for vision correction, there is a greater focus on ensuring reliable & effective inspection processes for product quality and safety standards.
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Target buyers of Asia Pacific contact lens inspection market databook
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Our clientele includes a mix of contact lens inspection market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific contact lens inspection market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific contact lens inspection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific contact lens inspection market size, by country, 2018-2030 (US$M)
Asia Pacific Contact Lens Inspection Market Outlook Share, 2023 & 2030 (US$M)
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