Posted by Martin Burns
More than $623 million (£384 million) worth of contact lenses were sold in five markets within Asia last year, recent research has revealed.
Market research firm GfK Asia found that the sales of contact lenses in Hong Kong, South Korea, Singapore, Malaysia and Taiwan increased by 12 per cent from the end of 2009 to the close of 2010.
Stanley Kee, regional commercial director of GfK Asia, said: "2010 was a good year overall, so it comes as no surprise that the industry fared well and continued on its upward growth trend."
Some 46 per cent of the contact lenses sold were dailies, however, the silicone hydrogel lens is also increasing rapidly in popularity, the research revealed.
More than 21 million hydrogel lenses were sold in the five markets in question during 2010.
Abbott recently launched a new disinfecting solution called RevitaLens OcuTec, which can be used with silicone hydrogel and conventional soft contact lenses.
by Adrian Galbreth