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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
There are three phases to lens processing: "spherical grinding," "precision grinding," and "polishing." Processing of the lens. Particularly, polishing calls for a great deal of skill because it involves using liquid abrasives and polishing the lens on a polishing plate.In some instances, this processing phase can take more than an hour.
The polishing plate is designed by the technician using the lens that is being processed. The precision of this task directly affects the precision of the lens surface.
After that, Olympus focused on developing a one-of-a-kind bonding-hardened grindstone rather than liquid abrasives. With such a grindstone, dedicated machines can consistently produce polishing plates of a certain level without requiring operator skill. By improving the efficiency of the grinding, this also significantly shortens the processing time.
Olympus tirelessly experimented with a wide range of crushing techniques, compounding abrasives and bonding agents, and other approaches throughout this grindstone development to find the most effective solutions.
Olympus also paid attention to the opinions of skilled workers during these processing experiments, and the company eventually perfected grindstones that could be used in production after enhancing processing performance and durability.
The Global Optical Lens Processing Systems market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Today, the Nano Multi-rings Defocus Incorporated Lens for controlling the progression of myopia (also known as short-sightedness) was successfully developed by Vision Science and Technology Co. Ltd. (VST), a PolyU-supported start-up.
The new solution was developed by VST in conjunction with the State Key Laboratory of Ultra-precision Machining Technology (SKL-UPMT) at The Hong Kong Polytechnic University and the School of Optometry at PolyU.
By combining DISC technology with Ultra-precision Nano Multi-rings Machining Technology, the new solution provides children and adolescents with a convenient, non-invasive, and efficient means of halting the progression of myopia.
Ultra-precision Nano Multi-rings Machining Technology and DISC technology are both patents owned by PolyU. The launch of the Nano Multi-rings Defocus Incorporated Lens is evidence of the University's ongoing efforts to facilitate knowledge transfer and research commercialization by assisting cutting-edge technology start-ups.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |