THERAPEUTIC CONTACT LENSES MARKET Challenges and Opportunities

One of the major challenges being faced by the global therapeutic contact lenses market is the high costs associated with specialized lenses. Therapeutic lenses require specialized designs and materials to effectively treat ocular conditions such as keratoconus and myopia. This specialized manufacturing increases production costs. Additionally, customized designs tailored to individual patient's eye anatomy and physiognomy further raise the costs.

Market Opportunity - Growing demand for customized and smart contact lenses

Advancements in 3D printing and digital design technologies have enabled manufacturers to create highly customized contact lenses tailored to individual ocular needs, enhancing vision correction and comfort. Simultaneously, the integration of miniature sensors and circuits has led to the development of smart contact lenses capable of real-time monitoring of intraocular pressure, glucose levels, and other biomarkers, offering significant potential in personalized eye care and health monitoring.