Leading market players are investing heavily in research and development to expand their product lines, which will help the Scleral Lenses market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Scleral Lenses industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Scleral Lenses industry to benefit clients and increase the market sector. In recent years, the Scleral Lenses industry has offered some of the most significant advantages to individuals with corneal irregularities, ocular surface diseases, and other vision-related challenges.
Major players in the Scleral Lenses Market, including ABB Optical Group, Bausch Health Companies Inc., Visionary Optics, Essilor, Art Optical Contact Lens, Inc., CooperVision, BostonSight, AccuLens, Inc., Tru-Form Optics, SynergEyes, Valley Contax, Capricornia and Menicon Co., Ltd are attempting to increase market demand by investing in research and development operations.
Essilor is a company specializing in ophthalmic optics, engaged in the design, manufacturing, and marketing of a diverse array of products aimed at correcting vision, safeguarding eyes, and maintaining visual health. Their product range encompasses progressive, single vision, anti-fog, anti-reflective, polarized, sun, and photochromic lenses, along with reading glasses, lenses tailored for screen use, as well as various optical accessories such as lamps, filters, magnifiers, and electronic visual aids. The company also focuses on the development and marketing of equipment, instruments, and services intended for eyecare professionals.
Among its prominent brands are Varilux, Crizal, Transitions, Eyezen, Xperio, Foster Grant, Bolon, and Costa. As an example of its performance, EssilorLuxottica reported a 13.4% decrease in sales in the Lenses and Optical Instruments segment in 2020 compared to 2019.
BostonSight is at the forefront of advancing the treatment of diseased or damaged corneas and addressing dry eyes. Since its establishment in 1992 in Needham, MA, the Center of Excellence has been instrumental in saving the sight of numerous individuals grappling with ocular surface disease and irregular corneas. The facility encompasses a clinic, research center, cutting-edge manufacturing lab, and a support center for patients and their families. The PROSE® by BostonSight represents a medical treatment employing highly customized scleral lens devices.
These devices are designed to restore both visual and physiological function in patients dealing with ocular surface disease, corneal issues, injuries, or damage. For many individuals, this treatment stands as the sole option to regain vision and alleviate the suffering caused by critical and debilitating eye conditions. Expanding access to their scleral lens technology, BostonSight SCLERAL® aims to optimize scleral lens fitting, thereby enhancing satisfaction for both patients and practitioners. This ready-to-fit scleral lens option enables practitioners to promptly and effectively assist patients in achieving optimal vision and comfort.