COVID-19 Economic Impact on Smart Contact Lens Market - Trends, Challenges and Outlook to 2025
                     COVID-19 Economic Impact on Smart Contact Lens 
Market - Trends, Challenges and Outlook to 2025
Smart Contact Lens Market, By Application (Continuous Glucose Monitoring, 
Intraocular Pressure Monitoring) By End Users (Hospital & Clinics, Home Care Settings 
and others), By Geography (North America, South America, Europe, Asia-Pacific, Middle 
East and Africa)– Industry Trends and Forecast to 2025
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Report Description
The Global Smart Contact Lens Market is expected to reach USD 10.78 billion by 2025, 
from USD 4.95 billion in 2017 growing at a CAGR of 10.2% during the forecast period of 
2018 to 2025. The upcoming market report contains data for historic years 2014 & 2015, 
the base year of calculation is 2016 and the forecast period is 2018 to 2025.
Smart contact lenses are used for measuring the glucose level in the tears. The smart 
lens consists of wireless chip and a miniaturized glucose sensor. Through tiny hole in the 
lens that tears seeps into the sensor. The wireless antenna inside the contact lens acts as 
a controller to transmit information to the wireless device. Power is drawn from these 
devices via RFID wireless technology. The intraocular pressure of healthy eye is between 
1,300 and 2,800 Pascals while the pressure of diseased eye is 500 to 6,500 Pa.  According 
to WHO, the number of diabetes patient has been increased to 422 million in 2025 from 
108 Million in 1980 across globally
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Major Key Players
Some of the major players operating in this market are : 
• Linear Technologies
• NXP Semiconductor
• InvenSense
• Knowles
• Analog Devices
• Texas Instruments
• STMicroelectronics
• Hitachi
• Nanomix
• Murata Manufacturing
• Atmel, Banner Engineering, ams, Rockwell Automation, TOWA
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Market Segmentation
• By Application (Continuous Glucose Monitoring, Intraocular Pressure 
Monitoring)
• By End Users (Hospital & Clinics, Home Care Settings and others)
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Regional Analysis
Based on geography, the market is segmented into five geographical 
regions
      North America
       Europe
       Asia-Pacific
       South America
       Middle East 
       Africa
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Research
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