All about markets

Costs of data breaches

Data breach costs rose from USD 3.86 million to USD 4.24 million

in 2021, the highest average total cost in the 17-year history of the Cost of a Data Breach Report, featuring research by the Ponemon Institute.

Source: IBM

Bleak prospects for economic growth

The prospects for economic growth in the world's major economies are now much bleaker than they were in December 2021. For Germany, the OECD has revised its growth forecast downward by 2.2

percentage points to 1.9 percent. In Statista’s selection of countries, only Russia has been hit harder, with nominal GDP expected to fall by 10 percent year-on-year in 2022.

Source: Statista

Share of contact lens types

Of the 21.7 million wearers in the 34 countries covered in the Euromcontact 2021 market data report, 56%

of them use daily disposable, 43.9% weekly/bi-weekly and monthly replacement lenses, and 0.07% conventional soft lenses.

Source: Euromcontact

Contact lens sales increase in Germany

Across all sales channels, total contact lens sales in 2021 amounted to 532 million euros vs. 523 million euros in 2020 in Germany. In total, contact lens sales increased by 1.7 percent compared to the previous year.

Source: Industry Report ZVA (Central Association of Opticians and Optometrists, Germany)

Recovery from corona pandemic

According to the German industry association Spectaris, German manufacturers of ophthalmic optics and consumer optics were able to recover from the negative effects of the corona pandemic in 2021. Overall, sales in 2021 increased by 11.4 percent to 4.75 billion euros compared to 2020.