Product Code: 978-1-68038-094-1
Contact Lenses Market Growth & Trends:
The global contact lenses market size is expected to reach USD 21.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.3% from 2022 to 2030. Innovative materials for manufacturing contact lenses and the increasing adoption of contact lenses are prominent factors boosting the market's growth. The rising tendency of youngsters to enhance their aesthetic appearance and the growing aging population is expected to drive the demand for contact lenses over the forecast period. The rise of astigmatism and myopia cases worldwide and the increased acceptance of these lenses in developing countries are boosting market expansion over the forecast period. Also, global factors such as the rising disposable income and improvement in the overall economy are anticipated to propel the market's growth.
Contact lens manufacturers are the source for wholesale and retail distributors, and manufacturers distribute their contact lenses through various channels. Significant market growth can be attributed to the increasing number of active lens wearers, technological advancements, and the development of silicone hydrogel material to fabric soft lenses. Orthokeratology (Ortho K) is a recent technological advancement that reshapes the cornea to improve vision which involves wearing specially developed overnight contact lenses to change the structure of the eyes during sleep. Increasing product launches and developments resulted in increased adoption of contact lenses. For Instance, In March 2019, Alcon Vision LLC, a manufacturer of eye care devices, introduced the AcrySof IQ PanOptix Trifocal IOL, which may be used for intermediate, distance, and close vision in the U.S. Market.
The hybrid contact lens is expected to portray the highest CAGR over the forecast period in the material segment. By application, the adoption of corrective contact lenses is anticipated to rise, owing to the increasing use of these lenses to correct refractive errors. They are also used to compensate for various deficiencies in vision such as hypermetropia, presbyopia, astigmatism, and myopia. Based on usage, the daily disposable contact lenses accounted for the largest market share in 2021.
Contact Lenses Market Report Highlights:
- Soft lenses/Silicone Hydrogel lenses have the highest acceptance rate, owing to their flexibility, comfort, and oxygen permeability to the eyes. The soft lenses are expected to be the highest growing segment by revenue over the forecast period
- The toric design segment is expected to portray a CAGR of 6.7% over the projected period
- In South America, the market is expected to have significant growth over the forecast period, owing to the large-scale penetration of contact lenses
Table of Contents
Chapter 1. Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definition
- 1.3 Information Procurement
- 1.4 Information Analysis
- 1.5 Market formulation & data visualization
- 1.5.1 Secondary sources & third-party perspectives
- 1.5.2 Primary research
- 1.6 Research Scope & Assumptions
Chapter 2. Executive Summary
- 2.1 Market Outlook
- 2.2 Segmental Outlook
- 2.2.1 Material outlook
- 2.2.2 Design outlook
- 2.2.3 Application outlook
- 2.2.4 Distribution Channel outlook
- 2.2.5 Usage outlook
Chapter 3. Contact Lenses Market Variables, Trends & Scope
- 3.1 Penetration & Growth Prospect Mapping
- 3.1.1 Market Growth Prospects
- 3.1.2 Market Penetration Mapping
- 3.2 Industry Value Chain Analysis
- 3.2.1 Raw Material Trends
- 3.2.1.1 Major Raw Materials Market Analysis
- 3.2.2 Manufacturing Trends
- 3.2.2.1 Technology Trends
- 3.2.3 Sales Channel Analysis
- 3.3 Technology Overview
- 3.3.1 Technology Timeline
- 3.4 Regulatory Framework
- 3.5 Market Dynamics
- 3.5.1 Market driver analysis
- 3.5.1.1 Increasing number of ophthalmic disorders
- 3.5.1.2 Growing Plano sunglasses market
- 3.5.1.3 Increasing demand for outdoor activities
- 3.5.2 Market restraint analysis
- 3.5.2.1 Growing acceptance of refractive surgeries
- 3.5.2.2 Contact lens-associated problems
- 3.6 Contact Lenses Market Analysis Tools
- 3.6.1 Industry Analysis - Porter's
- 3.6.1.1 Supplier Power
- 3.6.1.2 Buyer Power
- 3.6.1.3 Substitution Threat
- 3.6.1.4 Threat from new entrant
- 3.6.1.5 Competitive rivalry
- 3.6.2 PEST Analysis
- 3.6.2.1 Political Landscape
- 3.6.2.2 Economic Landscape
- 3.6.2.3 Social Landscape
- 3.6.2.4 Technology Landscape
- 3.6.3 Major Deals & Strategic Alliances Analysis
- 3.6.3.1 Mergers & Acquisitions
- 3.6.3.2 Licensing & Partnership
- 3.6.3.3 Technology Collaborations
- 3.7 Contact Lenses Market- Key Company Analysis, 2021
- 3.7.1 Key company analysis, 2021
- 3.7.2 List of key market players
- 3.8 Silicone Hydrogel/Soft Lens - Adoption Trends
- 3.9 Drug-Eluting Contact lenses
- 3.10 Contact Lenses - Consumer Brand Preference & Distribution Channel Analysis
Chapter 4. Contact Lens Material Market
- 4.1 Material Outlook
- 4.1.1 Silicone Hydrogel
- 4.1.2 Fluorosilicone Acrylate
- 4.1.3 Hydrogel
- 4.1.4 PMMA
- 4.2 Market Outlook
- 4.2.1 Market Dynamics
- 4.2.2 Supply Chain Analysis
- 4.2.3 Regional Analysis
- 4.3 Vendors Outlook
- 4.3.1 List of prominent material suppliers
- 4.3.2 Major Deals & Strategic Alliances Analysis, 2021
Chapter 5. Contact lenses: Material Estimates and Trend Analysis
- 5.1 Contact Lenses Market: Material Movement Analysis
- 5.1.1 Gas Permeable
- 5.1.1.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
- 5.1.2 Silicone Hydrogel
- 5.1.2.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
- 5.1.3 Hybrid
- 5.1.3.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
Chapter 6. Contact lenses: Design Estimates and Trend Analysis
- 6.1 Contact Lenses Market: Design Movement Analysis
- 6.1.1 Spherical Lens
- 6.1.1.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
- 6.1.2 Toric Lens
- 6.1.2.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
- 6.1.3 Multifocal Lens
- 6.1.3.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
- 6.1.4 Others Lens
- 6.1.4.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
Chapter 7. Contact lenses: Application Estimates and Trend Analysis
- 7.1 Contact Lenses Market: Application Movement Analysis
- 7.1.1 Corrective
- 7.1.1.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
- 7.1.2 Therapeutic
- 7.1.2.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
- 7.1.3 Cosmetic
- 7.1.3.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
- 7.1.4 Prosthetic
- 7.1.4.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
- 7.1.5 Lifestyle-oriented
- 7.1.5.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
Chapter 8. Contact lenses: Distribution Channel Estimates and Trend Analysis
- 8.1 Contact Lenses Market: Distribution Channel Movement Analysis
- 8.1.1 E-commerce
- 8.1.1.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
- 8.1.2 Eye Care Professionals
- 8.1.2.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
- 8.1.3 Retail
- 8.1.3.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
Chapter 9. Contact lenses: Usage Estimates and Trend Analysis
- 9.1 Contact Lenses Market: Usage Movement Analysis
- 9.1.1 Daily Disposable
- 9.1.1.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
- 9.1.2 Disposable
- 9.1.2.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
- 9.1.3 Frequently Disposable
- 9.1.3.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
- 9.1.4 Traditional (Reusable) lenses
- 9.1.4.1 Global Market Estimates and Forecasts, from 2017 to 2030 (USD Million)
Chapter 10. Contact lenses: Regional Estimates & Trend Analysis
- 10.1 Contact lenses market share by region, 2021 & 2027
- 10.2 North America
- 10.2.1 North America marketplace: Key takeaways
- 10.2.2 North America contact lenses market, 2017 - 2030
- 10.2.2.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.2.2.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.2.2.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.2.2.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.2.2.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.2.3 U.S.
- 10.2.3.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.2.3.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.2.3.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.2.3.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.2.3.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.2.4 Canada
- 10.2.4.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.2.4.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.2.4.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.2.4.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.2.4.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.2.5 Mexico
- 10.2.5.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.2.5.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.2.5.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.2.5.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.2.5.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.3 Europe
- 10.3.1 Europe contact lenses marketplace: Key takeaways
- 10.3.2 Europe contact lenses market, 2017 - 2030
- 10.3.3 U.K.
- 10.3.3.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.3.3.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.3.3.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.3.3.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.3.3.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.3.4 Germany
- 10.3.4.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.3.4.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.3.4.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.3.4.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.3.4.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.3.5 France
- 10.3.5.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.3.5.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.3.5.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.3.5.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.3.5.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.3.6 Spain
- 10.3.6.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.3.6.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.3.6.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.3.6.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.3.6.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.3.7 Italy
- 10.3.7.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.3.7.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.3.7.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.3.7.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.3.7.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.4 Asia Pacific
- 10.4.1 Asia Pacific contact lenses marketplace: Key takeaways
- 10.4.2 Asia Pacific contact lenses market, 2017 - 2030
- 10.4.2.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.4.2.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.4.2.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.4.2.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.4.2.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.4.3 China
- 10.4.3.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.4.3.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.4.3.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.4.3.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.4.3.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.4.4 Japan
- 10.4.4.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.4.4.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.4.4.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.4.4.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.4.4.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.4.5 India
- 10.4.5.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.4.5.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.4.5.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.4.5.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.4.5.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.4.6 Australia
- 10.4.6.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.4.6.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.4.6.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.4.6.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.4.6.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.4.7 Singapore
- 10.4.7.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.4.7.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.4.7.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.4.7.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.4.7.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.4.8 South Korea
- 10.4.8.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.4.8.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.4.8.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.4.8.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.4.8.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.5 South America
- 10.5.1 South America contact lenses marketplace: Key takeaways
- 10.5.2 South America contact lenses market, 2017 - 2030
- 10.5.3 Brazil
- 10.5.3.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.5.3.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.5.3.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.5.3.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.5.3.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.5.4 Argentina
- 10.5.4.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.5.4.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.5.4.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.5.4.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.5.4.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.6 MEA
- 10.6.1 MEA contact lenses marketplace: Key takeaways
- 10.6.2 MEA contact lenses market, 2017 - 2030
- 10.6.2.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.6.2.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.6.2.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.6.2.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.6.2.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.6.3 UAE
- 10.6.3.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.6.3.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.6.3.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.6.3.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.6.3.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
- 10.6.4 Saudi Arabia
- 10.6.4.1 Market Estimates and Forecasts, by material from 2017 to 2030 (USD Million)
- 10.6.4.2 Market Estimates and Forecasts, by design from 2017 to 2030 (USD Million)
- 10.6.4.3 Market Estimates and Forecasts, by application from 2017 to 2030 (USD Million)
- 10.6.4.4 Market Estimates and Forecasts, by distribution channel from 2017 to 2030 (USD Million)
- 10.6.4.5 Market Estimates and Forecasts, by usage from 2017 to 2030 (USD Million)
Chapter 11. Competitive Landscape
- 11.1 Abbott Medical Optics, Inc. (a subsidiary of Johnson & Johnson.)
- 11.2 Alcon Vision LLC
- 11.2.1 Company Overview
- 11.2.2 Financial Performance
- 11.2.3 Product Benchmarking
- 11.2.4 Recent Developments
- 11.3 Bausch & Lomb, Incorporated (a subsidiary of Valeant International, Inc.)
- 11.3.1 Company Overview
- 11.3.2 Financial Performance
- 11.3.3 Product Benchmarking
- 11.3.4 Recent Developments
- 11.4 ZEISS International (a subsidiary of Stiftung)
- 11.4.1 Company Overview
- 11.4.2 Financial Performance
- 11.4.3 Product Benchmarking
- 11.4.4 Recent Developments
- 11.5 Contamac
- 11.5.1 Company Overview
- 11.5.2 Product Benchmarking
- 11.5.3 Recent Developments
- 11.6 CooperVision, Inc. (a subsidiary of Cooper Companies, Inc.)
- 11.6.1 Company Overview
- 11.6.2 Financial Performance
- 11.6.3 Product Benchmarking
- 11.6.4 Recent Developments
- 11.7 Essilor International S.A.
- 11.7.1 Company Overview
- 11.7.2 Financial Performance
- 11.7.3 Product Benchmarking
- 11.7.4 Recent Developments
- 11.8 Hoya Corporation
- 11.8.1 Company Overview
- 11.8.2 Financial Performance
- 11.8.3 Product Benchmarking
- 11.8.4 Recent Developments
- 11.9 Johnson & Johnson Vision Care, Inc. (a subsidiary of Johnson & Johnson)
- 11.9.1 Company Overview
- 11.9.2 Financial Performance
- 11.9.3 Product Benchmarking
- 11.9.4 Recent Developments
- 11.10 Medennium
- 11.10.1 Company Overview
- 11.10.2 Product Benchmarking
- 11.11 Seed Co., Ltd.
- 11.11.1 Company Overview
- 11.11.2 Financial Performance
- 11.11.3 Product Benchmarking
- 11.11.4 Recent Developments
- 11.12 STAAR Surgical Company
- 11.12.1 Company Overview
- 11.12.2 Financial Performance
- 11.12.3 Product Benchmarking
- 11.12.4 Recent Developments
- 11.13 SynergEyes, Inc.
- 11.13.1 Company Overview
- 11.13.2 Product Benchmarking
- 11.13.3 Recent Developments
- 11.14 X-Cel Specialty Contacts (a subsidiary of Walman Company)
- 11.14.1 Company Overview
- 11.14.2 Product Benchmarking
- 11.14.3 Recent Developments