Global Contact Lenses
Market Report
2025
Contact Lenses market size was $7.4 Billion in 2022 and it is forecasted to reach $10.2 Billion by 2030. Contact Lenses Industry's Compound Annual Growth Rate will be 5.9% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Contact Lenses Market Report 2025.
As per Cognitive Market Research's latest published report, the Global Contact Lenses market size was $7.4 Billion in 2022 and it is forecasted to reach $10.2 Billion by 2030. Contact Lenses Industry's Compound Annual Growth Rate will be 5.9% from 2023 to 2030.
2021 | 2025 | 2033 | CAGR | |
---|---|---|---|---|
Global Contact Lenses Market Sales Revenue | 121212 | 121212 | 121212 | 5.9% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Design |
|
Market Split by Application |
|
Market Split by Distribution channel |
|
Market Split by Material |
|
Market Split by Color variation |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Report scope is customizable as we have a huge database of Contact Lenses industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Contact Lenses Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Contact lenses are used to correct the vision problem. They are thin and placed on the surface of the eye. Contact lenses can assist in the correction of refractive errors by altering the cornea and the eye's lens' focusing capacity. Contact lenses are a safe and effective way to improve vision when used properly and underneath the right supervision. The two main categories of contact lenses are hard lenses and soft lenses. Both of them have special advantages, and some even have bifocals, ultraviolet protection, or coloured tints. Rigid contact lenses are more robust than soft lenses and hence more durable, yet soft lenses are easier to wear than hard lenses due to their ability to hold more water. A growing vision related problem is the prime driver for growth of the contact lens market.
In order to correct vision problems such as myopia, hyperopia, cataracts, and astigmatism, contact lenses are used. Additionally, it is projected that the expansion of the contact lens market would be fuelled by the rise in myopia occurrences and rising costs for ophthalmic products like contacts, which are used to treat refractive defects. Due to the increased prevalence of eye conditions like myopia across all age groups, there is a significant need for contact lenses. The acceptance of Contact Lenses Marketplace is additionally rising due to the increasing number of product releases and inventions, such as the creation of a dynamic soft contact lens market with cutting-edge technology.
The level of incidence of vision-related challenges is higher in the older population. The main health concern for this population worldwide is retinal loss. Furthermore, the incidence of ophthalmic illnesses is increasing due to the aging population, and the majority of those who have vision impairment are older than 50. The growing in elderly population drives the contact lens market.
The excessive use of the lens can create harmful effects like infection, corneal oedema, red eye and other. Such side effects are the reason for people to choose the alternative treatment. Alternative treatment like eyeglasses, surgery and other which have less cleaning of eye, no risk for infection and affordable. Lack of insurance for devices also hampers the growth of the market. The alternative treatment lowers the profit of the market.
The contact lens industry has the possibility to transform both healthcare and use technology. Innovative contact lenses offer a variety of unmet advantages and prospects due to substantial improvements in wearable and health technologies. A few of the avenues that will spur creativity and progress in this sector include development into new geographies, the addition of new capabilities and features, a subscription service structure, specific remedies for older people, and additional amenities to improve the customer experience.
Due to a decline in eye care consultations as a result of fewer people visiting hospitals and clinics, the COVID-19 pandemic had a substantial influence on the industry under study. For instance, there was a roughly 80% initial drop in ophthalmology visits, according to data from the American Academy of Ophthalmologic that was published in August 2020. In the United States, there has been a cumulative 40% drop in ophthalmology visits as of mid-June. According to a January 2021 Optometry Times Journal article, the COVID-19 pandemics circulating in 2020 caused an overall reduction in contact lens preference. Avoiding contacting the areas around the eyes and face due to the possibility of contracting the SARS-CoV-2 virus was a key component in this. As a result, there was less of a need for contact lenses throughout the pandemic. However, the market for contact lenses is anticipated to expand significantly during the projected time due to widespread immunisations and a decline in COVID-19 occurrences.
We have various report editions of Contact Lenses Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
Precision1 for Astigmatism, a new product from Alcon Inc., was introduced. For those with astigmatism, this contact lens' cutting-edge design technology offers sharp, clear vision. Alcon's presence in the international contact lens industry is predicted to grow as a result of the product
a business that specialises in the creation of tools and remedies for dry eye condition. The acquisition was made with the intention of expanding Johnson & Johnson's product portfolio for dry eye disease and strengthening its position in the worldwide contact lens market.
MyDay energy daily disposable lenses were disclosed by the coopervision to meet the demand of the new digital lifestyle.
Top Companies Market Share in Contact Lenses Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America market size is valued at US$ 12 billion in 2022:
North America led the global contact lens industry through 2021 and is expected to go forward during the predicted period due to the increasing percentage of people experiencing vision impairments. In addition, it is projected that over the coming few years, consumer awareness of vision correction choices would increase the market demand. Furthermore, according to the Centres for Disease Prevention and Control of Diseases (CDC), approximately 45 million Americans utilize contact lenses. Because so many people wear contact lenses and vision issues are becoming more common, it is expected that market demand will increase over the course of the forecasted period.
The current report Scope analyzes Contact Lenses Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Contact Lenses Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Contact Lenses Industry growth. Contact Lenses market has been segmented with the help of its Design, Application Distribution channel, and others. Contact Lenses market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The multifunction design category is predicted to expand at a quick rate over the projection period due to its capacity to accommodate numerous treatments. Typically, these lenses are used to alleviate vision problems caused by aging. The growing trend is also anticipated to be accelerated by more government initiatives and licences. For instance, CooperVision Biofinity toric Multifocal contact lens assemblies were recently authorised by the FDA. For those with presbyopia, the device expands the selection of Biofinity toric lenses.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Contact Lenses Industry. Request a Free Sample PDF!
This report analyzes revenue growth in the {Keyword} market across global, regional, and national levels, highlighting trends and opportunities for each application. It examines how sectors like diagnostics, therapy, and monitoring utilize devices to meet healthcare needs. Key factors include market size, revenue contributions, technological innovations (e.g., AI diagnostics), and regulatory considerations. The report also covers the value chain, identifying key players and processes within the industry. (For more information, please request a sample or contact our research team)
Some of the key Application of Contact Lenses are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
The distribution channel of contact lens market is subdivided into E-commerce, retail and eye care practitioners. The retailer segment will probably retain the majority of market shares internationally because there are a greater number of products available than in other segments. In addition, it's expected that retail stores' alluring promotions and inexpensive pricing will increase client demand. Due to rising online purchasing habits in established and emerging nations, as well as the expanded market penetration of leading e-pharma companies, it is predicted that the e-commerce industry will grow rapidly throughout the duration of the projection period.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Contact Lenses Market is witnessing significant growth in the near future.
In 2023, the Disposal segment accounted for noticeable share of global Contact Lenses Market and is projected to experience significant growth in the near future.
The toric segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Abbott medical optics , Bausch+ Lomb and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Design | Disposal, Daily disposal, Frequently replacement, traditional |
Application | toric, spherical, multifocal, other |
Distribution channel | E-commerce, Retail, eye care practitioners. |
Material | Silicone hydrogel, Hydrogel, Gas permeable, Hybrid, PMMA |
Color variation | Opaque contact lenses, Enhanced contact lenses, Visibility tinted contact lenses |
List of Competitors | Abbott medical optics, Alcon vision LLC, Bausch+ Lomb, Carl Zeiss AG, coopervision, Medennium, Johnson & Johnson vision care, Hoya corporation |
This chapter will help you gain GLOBAL Market Analysis of Contact Lenses. Further deep in this chapter, you will be able to review Global Contact Lenses Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Contact Lenses. Further deep in this chapter, you will be able to review North America Contact Lenses Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Contact Lenses. Further deep in this chapter, you will be able to review Europe Contact Lenses Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Contact Lenses. Further deep in this chapter, you will be able to review Asia Pacific Contact Lenses Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Contact Lenses. Further deep in this chapter, you will be able to review South America Contact Lenses Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Contact Lenses. Further deep in this chapter, you will be able to review Middle East Contact Lenses Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Contact Lenses. Further deep in this chapter, you will be able to review Middle East Contact Lenses Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Contact Lenses. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Design Analysis 2019 -2031, will provide market size split by Design. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Design Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Distribution channel Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Material Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 14 Market Split by Color variation Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Contact Lenses market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 16 Research Methodology and Sources
Why Disposal have a significant impact on Contact Lenses market? |
What are the key factors affecting the Disposal and Daily disposal of Contact Lenses Market? |
What is the CAGR/Growth Rate of toric during the forecast period? |
By type, which segment accounted for largest share of the global Contact Lenses Market? |
Which region is expected to dominate the global Contact Lenses Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|