Project Report For Ophthalmic lens manufacturing
Project report for Ophthalmic lens manufacturing is as follows.
Lenses for those with visual impairments that don’t focus on the retina are ophthalmic lenses. Astigmatism can be corrected with the use of lenses. Plastic and glass lenses are only two of the many options available.
People use spectacles, contact lenses worn near the eye, and lenses surgically implanted into the eye to remedy vision issues. A prescription from an ophthalmologist is typically required before purchasing an ophthalmic lens.
Lasers may also be used to cut the appropriate type and form of glass into a rough, round blank, or the pieces can be heated and softened so they can be rolled into a rounded shape and pressed into a mold to get the desired size and curve.
Abrasives such as coarse emery, carborundum, or diamond are next to lap the surfaces into their final shape. Using increasingly more satisfactory grades of one of the abrasives indicated above, lens surfaces are ground on an iron tool, flat or adequately curved.
It’s essential to keep in mind that a rotating cup-shaped device is fixed to the lens such that its axis of rotation crosses the lenses at its center of curvature. You’ll need to tweak your camera’s obliquity to make sure your (concave) lens’ rim is cutting straight through its middle.
The circumference of the lens blank is cut off near the center of the rotating tool for convex lenses. Aspherical surface with the required radius of curvature is formed on the lens when the device and lens revolve about their respective axes.
Market potential & Strategy
According to the latest forecasts, the global ophthalmic lens market is expected to increase by USD 233.88 billion between 2020 and 2024. India’s INR 94.72 billion ophthalmic market is expected to grow at a compound annual growth rate of 6.8 percent to INR 131.15 billion by 2022, according to Market Scope.
The fastest-growing economy in the world, India, has a vast unmet demand for eye care. Cataracts and glaucoma affect almost half of all blind persons in the country, which is experiencing an increase in the number of older adults with these conditions as the population ages. More than 145 million Indians will be 60 or older by the year 2022.
In 2017, an anticipated 7.1 million cataract treatments would be performed in India, making it the country’s largest ophthalmology market. More than two-thirds of India’s ophthalmology market revenues are estimated to come from cataract surgery.
Opthalmology diagnostic equipment sales are estimated to reach roughly $257 million in 2022, making it India’s 2nd biggest ophthalmic equipment market by that year.
It is expected that telemedicine, developments in medical records automation, increased imaging technologies, consolidations of hospitals, and an increase in Indian enterprises joining the industry will fuel the growth of 4.8%.
Create 100% Bankable Project Report