February 21, 2017
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ABB Optical Group reports strong contact lens sales in the US

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Daily disposable contact lenses fueled ABB Optical Group sales in 2016 which was a strong year for contact lens growth, according to a press release from the company.

Daily disposable growth increased nearly 23% and represented 76% of all growth in the category for 2016.

Multifocals posted an increase of nearly 17% which was dominated by daily disposable multifocals at more than 69% due to recent introductions from all four major manufacturers in this area.

The toric market grew by 11% and was driven mainly by daily disposable torics which were up over 36%, according to the release.

Reusable contact lenses saw a slight decline of 0.4%, but may rebound with recent monthly lens introductions of sphericals, torics and multifocals, the company stated in the release.

The group also reported nearly 8% in organic contact lens growth from practices that have chosen to partner with the company.

Source: www.abboptical.com