Contact Lens Market
Contact Lens Market By Material (Gas Permeable, Silicone Hydrogel, Hybrid), By Design (Spherical, Toric, Multifocal), By Application (Corrective, Therapeutic, Cosmetic), By Usage (Disposable, Frequent Replacement), By Distribution Channel, & By Region - Global Insights 2023 to 2033
Analysis of Contact Lens Market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Contact Lens Market Outlook (2023 to 2033)
The global contact lens market size is expected to hit around US$ 16.42 billion by 2033 from valued at US$ 9.99 billion in 2023 and is poised to grow at a CAGR of 5.1% from 2023 to 2033.
Contact lenses are one of the most eminent subsets of the eye care industry. The contact lens market is expanding as a result of the increasing frequency of eye conditions such as refractive errors and cataracts, which may be treated using contact lens solutions to correct vision. During the forecast period, market growth is expected to be fueled by the increase in myopia and astigmatism cases worldwide along with rising contact lens adoption in emerging countries. The expansion of the market is also being bolstered by rising public awareness of the advantages of disposable lenses versus reusable lenses.
The contact lens market growth has been augmented by the rising number of product offerings and innovations. Market participants are spending in R&D to create cutting-edge technology and increase their revenue share by gaining marketing access and regulatory clearances.
The contact lens market is anticipated to expand strongly throughout the forecast period since they are both disposable and reusable. Additionally, there are modest differences in the costs associated with buying disposable and reusable lenses, and sales of both lenses are likely to support the market to expand strongly in the upcoming years.
To develop the ultimate pair of contacts that satisfies the demand of each customer while being reasonably priced, contact lens manufacturers are always experimenting with new technologies. They also aim to improve the aesthetics and comfort of their new designs for customers who wear them frequently. This fuels the contact lens market to upsurge. Since they provide benefits beyond eye correction, contact lenses have grown in popularity in recent years.
Customers are influenced to purchase recognized brands on the market by dint of the high risk of infection associated with using contact lenses that are not fitted to the patient appropriately. Most customers purchase their contact lenses directly from optometrists or optical stores. Customers who can easily visit optical stores can buy contact lenses quickly and conveniently without the delay associated with internet purchasing.
When purchasing contact lenses online and offline, customers all across the world look for professional guidance and radical treatment. Consumers prefer to use insurance plans in developed nations, and they are ready to pay more for eye care products. Since the products of their preferred brands are more affordable and comfortable, consumers also exhibit brand loyalty and are less inclined to move to the products of competing brands.
| Report Attributes | Details |
|---|---|
| Contact Lens Market Size (2023) | US$ 9.99 Billion |
| Projected Market Value (2033) | US$ 16.42 Billion |
| Global Market Growth Rate (2023 to 2033) | 5.1% CAGR |
| U.S. Market Value (2023) | US$ 4.10 Billion |
| China Market Value (2023) | US$ 2.46 Billion |
| Japan Market Value (2023) | US$ 1.03 Million |
| Silicon Hydrogel Material Growth Rate (2023 to 2033) | 4.9% CAGR |
| Key Companies Profiled | Johnson & Johnson; Alcon Vision LLC; Bausch & Lomb; Incorporated; EISS International (Stiftung); Contamac; CooperVision Inc; Essilor International S.A; Hoya Corporation; Medennium; Seed Co. Ltd; STAAR Surgical Company; SynergEyes Inc; X-Cel Specialty Contacts |
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What is the Catalyst of the Explosive Growth of the Global Contact Lens Market?
“Millennials have an Extremely High Risk of Myopia”
The demand for contact lenses has been growing rapidly as occurrences of eye conditions including myopia among people of all ages are on the rise. Myopia is the most prevalent eye condition and is anticipated to lead to the largest expansion in this market.
There is a growing trend of using technology for professional reasons, including computers and smartphones. The advent of digital technology has increased the number of career opportunities that call for prolonged use of computers and laptops that produce light potentially leading to myopia.
- As per the University of Medical Sciences, Iran, by 2050, the percentage of people with myopia and extreme myopia will be 52% (4949 million) and 10.0% (925 million), respectively.
“Growing Senior Population to Boost Sales”
The geriatric population has the highest incidence of vision-related problems. The biggest health issue for this demographic is age-related cataracts, macular degeneration, glaucoma, and diabetic retinopathy retinal degeneration. As the frequency of eye-related ailments grows, so does the need for visual health services and goods among the elderly.
- The WHO predicts that one in six persons globally will be 60 or beyond by the year 2030. The number of individuals in the globe who are 60 or older is expected to double by 2050.
“The existence of several small and large businesses in the market is what defines it”
It is anticipated that the introduction of technologically advanced products would increase the market share for contact lenses. Manufacturers currently offer a variety of creative and original features in their products, which is one of the most recent market innovations.
To raise their demand in the market, businesses have been producing trendy and inventive eye care solutions, including soft contact lenses, using pioneering technology. At present, people utilize contact lenses for aesthetic objectives as well such as color enhancement, wrinkle and age spot reduction, and other skin care needs. There are several options for those who are astigmatic, nearsighted, or farsighted.
- The new contact lenses made by Johnson & Johnson Vision that automatically darkens in response to strong light have garnered FDA approval. These lenses, ACUVUE® OASYS MAX 1-Day and ACUVUE® OASYS MAX 1-Day MULTIFOCAL, feature photochromic components that regulate visible light entering the eye as well as shield the eyes from blue light and UV rays.
Which Aspect Might Potentially Restrain Contact Lens Sales?
“Contact Lenses are not Widely Recognized among Spectacle Wearers”
Even though contact lenses are necessary for vision correction and offer a better quality of life than glasses, contact lens usage is uncommon in developing nations since a lot of people who wear glasses are unaware of contact lenses with power.
Besides, risks attributed to contacts, such as pain, excessive tearing or other secretion, unusual sensitivity to light, stinging, burning, or a gritty sensation, and unusual redness, are envisaged to restrict growth to some extent throughout the forecast period.
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Country-wise Insights
Will Increased Vision Correction in the US Result in Increase Attention for Contact Lenses?
Contact lens demand is expected to grow strongly in the U.S. throughout the forecast period, with a CAGR of 5.5%. The United States leads the market due to high per capita healthcare spending and early adoption of leading-edge technology.
The surge in contact lens usage among individuals of all ages is liable for the growing demand for contact lenses in the United States.
- About 45 million Americans, two-thirds of whom are women, are believed to wear contact lenses, according to the Centers for Disease Control and Prevention. It also stated that 75% of individuals over the age of 25 wear contacts, compared to 17% of those between the ages of 18 and 24 and 8% of people under the age of 18.
Several businesses in the US draw customers to the contact lens industry. On the other hand, the US government supports R&D facilities that lead to advancements in contact lens technology.
In the state, there are more than 30,000 optometrists in practice. Additionally, several industries, like the media and entertainment, heavily utilize cosmetic lenses, which has led to greater acceptance of cosmetic lenses in the US and boosted the entire regional market.
According to certain research, pediatric myopia is very common in the United States. Therefore, an increase in eye conditions will result in a rise in contact lens demand, which will further spur product innovation and new product launches by major market participants here.
- In October 2021, an expansion of its US product line to include Paragon CRT and Paragon CRT Dual Axis ortho-k lenses was announced by Blanchard Contact Lenses, a CooperVision Specialty EyeCare company. Both are reverse geometry corneal lenses with a high-Dk gas permeable material that are made for managing myopia.
What Factors are Propelling the Usage of Contact Lens in China and Japan?
China and Japan are expected to record a CAGR of 6.6% and 5.3% respectively during the forecast period. A high emphasis on aesthetic value is predicted to lead to a rise in sales for the contact lens market in China and Japan. The market in these two countries is also anticipated to witness tremendous growth as a result of the rising elderly population and the rapid advancement of technology.
Millennials and gen Z are anticipated to have a propensity toward contact lens adaptation, particularly in China. On the other hand, technological developments in the field of optometry have resulted in the licensing and addition of several products in Japan.
- In March 2021, ACUVUE Theravision with ketotifen, a product created by Johnson & Johnson Medical Devices, a division of Johnson & Johnson, received approval from the Japanese Ministry of Health, Labour and Welfare (MHLW). These glasses combine vision correction with an antihistamine to lessen the intensity of allergic eye irritation. The inclusion of ketotifen and an H1 histamine receptor blocker in the lens helps to reduce the itchiness brought on by eye allergies.
Category-wise Insights
Why is Silicon Hydrogel Material More Popular than Other Contact Lens Manufacturing Materials?
The silicon hydrogel material segment is estimated to record a CAGR of 4.9% during the forecast period.
A mixture of silicone and water-absorbent polymers used in soft lenses, silicone hydrogel makes up the bulk of extended-use contact lenses. Silicone is added to the hydrogel plastic to create a lens that holds moisture and allows more oxygen to travel through the contact lens and into the eye. Contact lens usage, therefore, does not affect the eyes.
The realistic expansion is controlled by the rising demand for soft and comfortable color contact lenses. With their simple eye adaptation and improved comfort, soft contact lenses are constructed of flexible, soft polymers like silicon hydrogel. Owing to its profitability concerning another comparable material, the silicon hydrogel has proven to be a demanding stimulus over the previous few years. Low risk of eye infection and comfort for customers are some of its advantages.
To provide the eye with more moisture and oxygen, silicon hydrogel is added to extended-wear contact lenses. Anyone who wears contacts constantly, whether day and night or for several days at a time, requires contacts that enable their eyes to breathe. The silicone affixed to the lens provides this characteristic for optimum contact. In comparison to other lenses, it is therefore highly preferred by users.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
A limited number of significant manufacturers hold the bulk of the market share in the consolidated global contact lens market. The majority of businesses invest a lot in comprehensive research and development, mostly to create products with more cutting-edge technology. The primary approaches used by the market players include global growth, mergers and acquisitions, diversification of product portfolios, and obtaining regulatory permissions from government agencies.
- In July 2022, ReviveTM custom soft contact lenses from Bausch + Lomb have been made available in the United States. These are a new addition to its customizable soft contact lens line and come in spherical, multifocal, toric, and multifocal toric options. They are made to accommodate a wider range of vision requirements of patients, including those with complex or high medicaments.
- In January 2022, DAILIES TOTAL1® for Astigmatism, the first Water Gradient contact lens for astigmatic patients, was released by Alcon, a global leader in eye care committed to helping people to see brilliantly.
- In April 2021, With Menicon, a preeminent producer of advanced lenses, Johnson & Johnson Vision created a global strategic collaboration. The objective of this partnership was to create therapeutic eyewear to halt the spread and development of infantile myopia.
Key Segments in Contact Lens Market Research
-
By Material:
- Gas Permeable
- Silicone Hydrogel
- Hybrid
-
By Design:
- Spherical
- Toric
- Multifocal
- Other
-
By Application:
- Corrective
- Therapeutic
- Cosmetic
- Prosthetic
- Lifestyle-oriented
-
By Distribution Channel:
- Online
- Offline
-
By Usage:
- Daily Disposable
- Disposable
- Frequent Replacement
- Traditional
-
By Region:
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Size (US$ Mn) Analysis and Forecast, 2023 to 2033
- 7. Global Pricing Point Analysis
- 8. Global Market Value Analysis and Forecast 2023 to 2033
- 8.1. Global Market Value Analysis 2016 to 2021 and Forecast 2023 to 2033, By Material
- 8.1.1. Gas Permeable
- 8.1.2. Silicone Hydrogel
- 8.1.3. Hybrid
- 8.2. Global Market Value Analysis 2016 to 2021 and Forecast 2023 to 2033, By Design
- 8.2.1. Spherical
- 8.2.2. Toric
- 8.2.3. Multifocal
- 8.2.4. Others
- 8.3. Global Market Value Analysis 2016 to 2021 and Forecast 2023 to 2033, By Application
- 8.3.1. Corrective
- 8.3.2. Therapeutic
- 8.3.3. Cosmetic
- 8.3.4. Prosthetic
- 8.3.5. Lifestyle-oriented
- 8.4. Global Market Value Analysis 2016 to 2021 and Forecast 2023 to 2033, By Distribution Channel
- 8.4.1. Online
- 8.4.2. Offline
- 8.5. Global Market Value Analysis 2016 to 2021 and Forecast 2023 to 2033, By Usage
- 8.5.1. Daily Disposable
- 8.5.2. Disposable
- 8.5.3. Frequently Replacement
- 8.5.4. Traditional
- 8.6. Global Market Value Analysis 2016 to 2021 and Forecast 2023 to 2033, By Region
- 8.6.1. North America
- 8.6.2. Latin America
- 8.6.3. Europe
- 8.6.4. East Asia
- 8.6.5. South Asia & Oceania
- 8.6.6. MEA
- 8.1. Global Market Value Analysis 2016 to 2021 and Forecast 2023 to 2033, By Material
- 9. North America Market Value Analysis and Forecast 2023 to 2033
- 10. Latin America Market Value Analysis and Forecast 2023 to 2033
- 11. Europe Market Value Analysis and Forecast 2023 to 2033
- 12. East Asia Market Value Analysis and Forecast 2023 to 2033
- 13. South Asia & Oceania Market Value Analysis and Forecast 2023 to 2033
- 14. Middle East & Africa Market Value Analysis and Forecast 2023 to 2033
- 15. Global Market - Prominent Countries Analysis
- 16. Competitive Assessment
- 17. Company Profiles
- 17.1. Johnson & Johnson
- 17.2. Alcon Vision LLC
- 17.3. Bausch & Lomb, Incorporated
- 17.4. EISS International
- 17.5. Contamac
- 17.6. CooperVision, Inc.
- 17.7. Essilor International S.A.
- 17.8. Hoya Corporation
- 17.9. Medennium
- 17.10. Seed Co., Ltd.
- 17.11. STAAR Surgical Company
- 17.12. SynergEyes, Inc.
- 17.13. X-Cel Specialty Contacts
- 18. Fact.MR Research Methodology
- 19. Disclaimer & Contact Information
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis by Material, 2016 to 2021
Table 02: Global Market Value (US$ Mn) Forecast by Material, 2022 to 2032
Table 03: Global Market Value (US$ Mn) Analysis by Design, 2016 to 2021
Table 04: Global Market Value (US$ Mn) Forecast by Design, 2022 to 2032
Table 05: Global Market Value (US$ Mn) Analysis by Application, 2016 to 2021
Table 06: Global Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 07: Global Market Value (US$ Mn) Analysis by Distribution Channel, 2016 to 2021
Table 08: Global Market Value (US$ Mn) Forecast by Distribution Channel, 2022 to 2032
Table 09: Global Market Value (US$ Mn) Analysis by Usage, 2016 to 2021
Table 10: Global Market Value (US$ Mn) Forecast by Usage, 2022 to 2032
Table 11: Global Market Value (US$ Mn) Analysis by Region, 2016 to 2021
Table 12: Global Market Value (US$ Mn) Forecast by Region, 2022 to 2032
Table 13: North America Market Value (US$ Mn) Analysis by Country, 2016 to 2021
Table 14: North America Market Value (US$ Mn) Forecast by Country, 2022 to 2032
Table 15: North America Market Value (US$ Mn) Analysis by Material, 2016 to 2021
Table 16: North America Market Value (US$ Mn) Forecast by Material, 2022 to 2032
Table 17: North America Market Value (US$ Mn) Analysis by Design, 2016 to 2021
Table 18: North America Market Value (US$ Mn) Forecast by Design, 2022 to 2032
Table 19: North America Market Value (US$ Mn) Analysis by Application, 2016 to 2021
Table 20: North America Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 21: North America Market Value (US$ Mn) Analysis by Distribution Channel, 2016 to 2021
Table 22: North America Market Value (US$ Mn) Forecast by Distribution Channel, 2022 to 2032
Table 23: North America Market Value (US$ Mn) Analysis by Usage, 2016 to 2021
Table 24: North America Market Value (US$ Mn) Forecast by Usage, 2022 to 2032
Table 25: Latin America Market Value (US$ Mn) Analysis by Country, 2016 to 2021
Table 26: Latin America Market Value (US$ Mn) Forecast by Country, 2022 to 2032
Table 27: Latin America Market Value (US$ Mn) Analysis by Material, 2016 to 2021
Table 28: Latin America Market Value (US$ Mn) Forecast by Material, 2022 to 2032
Table 29: Latin America Market Value (US$ Mn) Analysis by Design, 2016 to 2021
Table 30: Latin America Market Value (US$ Mn) Forecast by Design, 2022 to 2032
Table 31: Latin America Market Value (US$ Mn) Analysis by Application, 2016 to 2021
Table 32: Latin America Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 33: Latin America Market Value (US$ Mn) Analysis by Distribution Channel, 2016 to 2021
Table 34: Latin America Market Value (US$ Mn) Forecast by Distribution Channel, 2022 to 2032
Table 35: Latin America Market Value (US$ Mn) Analysis by Usage, 2016 to 2021
Table 36: Latin America Market Value (US$ Mn) Forecast by Usage, 2022 to 2032
Table 37: Europe Market Value (US$ Mn) Analysis by Country, 2016 to 2021
Table 38: Europe Market Value (US$ Mn) Forecast by Country, 2022 to 2032
Table 39: Europe Market Value (US$ Mn) Analysis by Material, 2016 to 2021
Table 40: Europe Market Value (US$ Mn) Forecast by Material, 2022 to 2032
Table 41: Europe Market Value (US$ Mn) Analysis by Design, 2016 to 2021
Table 42: Europe Market Value (US$ Mn) Forecast by Design, 2022 to 2032
Table 43: Europe Market Value (US$ Mn) Analysis by Application, 2016 to 2021
Table 44: Europe Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 45: Europe Market Value (US$ Mn) Analysis by Distribution Channel, 2016 to 2021
Table 46: Europe Market Value (US$ Mn) Forecast by Distribution Channel, 2022 to 2032
Table 47: Europe Market Value (US$ Mn) Analysis by Usage, 2016 to 2021
Table 48: Europe Market Value (US$ Mn) Forecast by Usage, 2022 to 2032
Table 49: East Asia Market Value (US$ Mn) Analysis by Country, 2016 to 2021
Table 50: East Asia Market Value (US$ Mn) Forecast by Country, 2022 to 2032
Table 51: East Asia Market Value (US$ Mn) Analysis by Material, 2016 to 2021
Table 52: East Asia Market Value (US$ Mn) Forecast by Material, 2022 to 2032
Table 53: East Asia Market Value (US$ Mn) Analysis by Design, 2016 to 2021
Table 54: East Asia Market Value (US$ Mn) Forecast by Design, 2022 to 2032
Table 55: East Asia Market Value (US$ Mn) Analysis by Application, 2016 to 2021
Table 56: East Asia Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 57: East Asia Market Value (US$ Mn) Analysis by Distribution Channel, 2016 to 2021
Table 58: East Asia Market Value (US$ Mn) Forecast by Distribution Channel, 2022 to 2032
Table 59: East Asia Market Value (US$ Mn) Analysis by Usage, 2016 to 2021
Table 60: East Asia Market Value (US$ Mn) Forecast by Usage, 2022 to 2032
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis by Country, 2016 to 2021
Table 62: South Asia & Oceania Market Value (US$ Mn) Forecast by Country, 2022 to 2032
Table 63: South Asia & Oceania Market Value (US$ Mn) Analysis by Material, 2016 to 2021
Table 64: South Asia & Oceania Market Value (US$ Mn) Forecast by Material, 2022 to 2032
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis by Design, 2016 to 2021
Table 66: South Asia & Oceania Market Value (US$ Mn) Forecast by Design, 2022 to 2032
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis by Application, 2016 to 2021
Table 68: South Asia & Oceania Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 69: South Asia & Oceania Market Value (US$ Mn) Analysis by Distribution Channel, 2016 to 2021
Table 70: South Asia & Oceania Market Value (US$ Mn) Forecast by Distribution Channel, 2022 to 2032
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis by Usage, 2016 to 2021
Table 72: South Asia & Oceania Market Value (US$ Mn) Forecast by Usage, 2022 to 2032
Table 74: MEA Market Value (US$ Mn) Analysis by Country, 2016 to 2021
Table 75: MEA Market Value (US$ Mn) Forecast by Country, 2022 to 2032
Table 76: MEA Market Value (US$ Mn) Analysis by Material, 2016 to 2021
Table 77: MEA Market Value (US$ Mn) Forecast by Material, 2022 to 2032
Table 78: MEA Market Value (US$ Mn) Analysis by Design, 2016 to 2021
Table 79: MEA Market Value (US$ Mn) Forecast by Design, 2022 to 2032
Table 80: MEA Market Value (US$ Mn) Analysis by Application, 2016 to 2021
Table 82: MEA Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 83: MEA Market Value (US$ Mn) Analysis by Distribution Channel, 2016 to 2021
Table 84: MEA Market Value (US$ Mn) Forecast by Distribution Channel, 2022 to 2032
Table 85: MEA Market Value (US$ Mn) Analysis by Usage, 2016 to 2021
Table 86: MEA Market Value (US$ Mn) Forecast by Usage, 2022 to 2032
Table 87: China Market Value (US$ Mn) Analysis by Material, 2016 to 2021
Table 88: China Market Value (US$ Mn) Forecast by Material, 2022 to 2032
Table 89: China Market Value (US$ Mn) Analysis by Design, 2016 to 2021
Table 91: China Market Value (US$ Mn) Forecast by Design, 2022 to 2032
Table 92: China Market Value (US$ Mn) Analysis by Application, 2016 to 2021
Table 93: China Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 94: China Market Value (US$ Mn) Analysis by Distribution Channel, 2016 to 2021
Table 95: China Market Value (US$ Mn) Forecast by Distribution Channel, 2022 to 2032
Table 96: China Market Value (US$ Mn) Analysis by Usage, 2016 to 2021
Table 97: China Market Value (US$ Mn) Forecast by Usage, 2022 to 2032
Table 98: India Market Value (US$ Mn) Analysis by Material, 2016 to 2021
Table 99: India Market Value (US$ Mn) Forecast by Material, 2022 to 2032
Table 100: India Market Value (US$ Mn) Analysis by Design, 2016 to 2021
Table 101: India Market Value (US$ Mn) Forecast by Design, 2022 to 2032
Table 102: India Market Value (US$ Mn) Analysis by Application, 2016 to 2021
Table 103: India Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 104: India Market Value (US$ Mn) Analysis by Distribution Channel, 2016 to 2021
Table 105: India Market Value (US$ Mn) Forecast by Distribution Channel, 2022 to 2032
Table 106: India Market Value (US$ Mn) Analysis by Usage, 2016 to 2021
Table 107: India Market Value (US$ Mn) Forecast by Usage, 2022 to 2032
Table 108: Mexico Market Value (US$ Mn) Analysis by Material, 2016 to 2021
Table 109: Mexico Market Value (US$ Mn) Forecast by Material, 2022 to 2032
Table 110: Mexico Market Value (US$ Mn) Analysis by Design, 2016 to 2021
Table 111: Mexico Market Value (US$ Mn) Forecast by Design, 2022 to 2032
Table 112: Mexico Market Value (US$ Mn) Analysis by Application, 2016 to 2021
Table 113: Mexico Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 114: Mexico Market Value (US$ Mn) Analysis by Distribution Channel, 2016 to 2021
Table 115: Mexico Market Value (US$ Mn) Forecast by Distribution Channel, 2022 to 2032
Table 116: Mexico Market Value (US$ Mn) Analysis by Usage, 2016 to 2021
Table 117: Mexico Market Value (US$ Mn) Forecast by Usage, 2022 to 2032
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List Of Figures
Figure 01: Global Market Historical Value (US$ Mn), 2016 to 2020
Figure 02: Global Market Value (US$ Mn) Forecast, 2021 to 2031
Figure 03: Global Market Absolute $ Opportunity, 2021 to 2031
Figure 04: Global Market Value Share & BPS Analysis by Material- 2016, 2023 to 2033
Figure 05: Global Market Y-o-Y Projection by Material, 2023 to 2033
Figure 06: Global Market Attractiveness by Material, 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity - Gas Permeable, 2016 to 2031
Figure 08: Global Market Absolute $ Opportunity - Silicone Hydrogel, 2016 to 2021
Figure 09: Global Market Absolute $ Opportunity - Hybrid, 2016 to 2021
Figure 10: Global Market Value Share & BPS Analysis by Design- 2016, 2023 to 2033
Figure 11: Global Market Y-o-Y Projection by Design, 2023 to 2033
Figure 12: Global Market Attractiveness by Design, 2023 to 2033
Figure 13: Global Market Absolute $ Opportunity - Spherical, 2016 to 2031
Figure 14: Global Market Absolute $ Opportunity - Toric, 2016 to 2021
Figure 15: Global Market Absolute $ Opportunity - Multifocal, 2016 to 2031
Figure 16: Global Market Absolute $ Opportunity - Others, 2016 to 2021
Figure 17: Global Market Value Share & BPS Analysis by Application- 2016, 2023 to 2033
Figure 18: Global Market Y-o-Y Projection by Application, 2023 to 2033
Figure 19: Global Market Attractiveness by Application, 2023 to 2033
Figure 20: Global Market Absolute $ Opportunity - Corrective, 2016 to 2031
Figure 21: Global Market Absolute $ Opportunity - Therapeutic, 2016 to 2021
Figure 22: Global Market Absolute $ Opportunity - Cosmetic, 2016 to 2031
Figure 23: Global Market Absolute $ Opportunity - Prosthetic, 2016 to 2021
Figure 24: Global Market Absolute $ Opportunity - Lifestyle-Oriented, 2016 to 2021
Figure 25: Global Market Value Share & BPS Analysis by Distribution Channel- 2016, 2023 to 2033
Figure 26: Global Market Y-o-Y Projection by Distribution Channel, 2023 to 2033
Figure 27: Global Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 28: Global Market Absolute $ Opportunity - Online, 2016 to 2031
Figure 29: Global Market Absolute $ Opportunity - Offline, 2016 to 2021
Figure 30: Global Market Value Share & BPS Analysis by Usage- 2016, 2023 to 2033
Figure 31: Global Market Y-o-Y Projection by Usage, 2023 to 2033
Figure 32: Global Market Attractiveness by Usage, 2023 to 2033
Figure 33: Global Market Absolute $ Opportunity - Daily Disposable, 2016 to 2031
Figure 34: Global Market Absolute $ Opportunity - Disposable, 2016 to 2021
Figure 35: Global Market Absolute $ Opportunity - Frequently Replacement, 2016 to 2031
Figure 36: Global Market Absolute $ Opportunity - Traditional, 2016 to 2021
Figure 37: Global Market Value Share & BPS Analysis by Region- 2016, 2023 to 2033
Figure 38: Global Market Analysis by Region, 2023 to 2033
Figure 39: Global Market Analysis by Region, 2023 to 2033
Figure 40: Global Market Absolute $ Opportunity - North America, 2016 to 2031
Figure 41: Global Market Absolute $ Opportunity - Latin America, 2016 to 2031
Figure 42: Global Market Absolute $ Opportunity - Europe, 2016 to 2031
Figure 43: Global Market Absolute $ Opportunity - East Asia, 2016 to 2031
Figure 44: Global Market Absolute $ Opportunity - South Asia & Oceania, 2016 to 2031
Figure 45: Global Market Absolute $ Opportunity - MEA, 2016 to 2031
Figure 46: North America Market Historical Value (US$ Mn), 2016 to 2020
Figure 47: North America Market Value (US$ Mn) Forecast, 2021 to 2031
Figure 48: North America Market Value Share & BPS Analysis by Country- 2016, 2023 to 2033
Figure 49: North America Market Y-o-Y Projection by Country, 2023 to 2033
Figure 50: North America Market Attractiveness by Country, 2023 to 2033
Figure 51: North America Market Absolute $ Opportunity - U.S., 2016 to 2031
Figure 52: North America Market Absolute $ Opportunity - Canada, 2016 to 2021
Figure 53: North America Market Value Share & BPS Analysis by Material- 2016, 2023 to 2033
Figure 54: North America Market Y-o-Y Projection by Material, 2023 to 2033
Figure 55: North America Market Attractiveness by Material, 2023 to 2033
Figure 56: North America Market Value Share & BPS Analysis by Design- 2016, 2023 to 2033
Figure 57: North America Market Y-o-Y Projection by Design, 2023 to 2033
Figure 58: North America Market Attractiveness by Design, 2023 to 2033
Figure 59: North America Market Value Share & BPS Analysis by Distribution Channel- 2016, 2023 to 2033
Figure 60: North America Market Y-o-Y Projection by Distribution Channel, 2023 to 2033
Figure 61: North America Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 62: North America Market Value Share & BPS Analysis by Usage- 2016, 2023 to 2033
Figure 63: North America Market Y-o-Y Projection by Usage, 2023 to 2033
Figure 64: North America Market Attractiveness by Usage, 2023 to 2033
Figure 65: Latin America Market Historical Value (US$ Mn), 2016 to 2020
Figure 66: Latin America Market Value (US$ Mn) Forecast, 2021 to 2031
Figure 67: Latin America Market Value Share & BPS Analysis by Country- 2016, 2023 to 2033
Figure 68: Latin America Market Y-o-Y Projection by Country, 2023 to 2033
Figure 69: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 70: Latin America Market Absolute $ Opportunity - Brazil, 2016 to 2031
Figure 71: Latin America Market Absolute $ Opportunity - Mexico, 2016 to 2021
Figure 72: Latin America Market Absolute $ Opportunity - Rest of Latin America, 2016 to 2021
Figure 73: Latin America Market Value Share & BPS Analysis by Material- 2016, 2023 to 2033
Figure 74: Latin America Market Y-o-Y Projection by Material, 2023 to 2033
Figure 75: Latin America Market Attractiveness by Material, 2023 to 2033
Figure 76: Latin America Market Value Share & BPS Analysis by Design- 2016, 2023 to 2033
Figure 77: Latin America Market Y-o-Y Projection by Design, 2023 to 2033
Figure 78: Latin America Market Attractiveness by Design, 2023 to 2033
Figure 79: Latin America Market Value Share & BPS Analysis by Distribution Channel- 2016, 2023 to 2033
Figure 80: Latin America Market Y-o-Y Projection by Distribution Channel, 2023 to 2033
Figure 81: Latin America Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 82: Latin America Market Value Share & BPS Analysis by Usage- 2016, 2023 to 2033
Figure 83: Latin America Market Y-o-Y Projection by Usage, 2023 to 2033
Figure 84: Latin America Market Attractiveness by Usage, 2023 to 2033
Figure 85: Europe Market Historical Value (US$ Mn), 2016 to 2020
Figure 86: Europe Market Value (US$ Mn) Forecast, 2021 to 2031
Figure 87: Europe Market Value Share & BPS Analysis by Country- 2016, 2023 to 2033
Figure 88: Europe Market Y-o-Y Projection by Country, 2023 to 2033
Figure 89: Europe Market Attractiveness by Country, 2023 to 2033
Figure 90: Europe Market Absolute $ Opportunity - Germany, 2016 to 2031
Figure 91: Europe Market Absolute $ Opportunity - Mexico, 2016 to 2021
Figure 92: Europe Market Absolute $ Opportunity - U.K., 2016 to 2021
Figure 93: Europe Market Absolute $ Opportunity - Spain, 2016 to 2031
Figure 94: Europe Market Absolute $ Opportunity - BENELUX, 2016 to 2021
Figure 95: Europe Market Absolute $ Opportunity - Russia, 2016 to 2021
Figure 96: Europe Market Absolute $ Opportunity - Rest of Europe, 2016 to 2021
Figure 97: Europe Market Value Share & BPS Analysis by Material- 2016, 2023 to 2033
Figure 98: Europe Market Y-o-Y Projection by Material, 2023 to 2033
Figure 99: Europe Market Attractiveness by Material, 2023 to 2033
Figure 100: Europe Market Value Share & BPS Analysis by Design- 2016, 2023 to 2033
Figure 101: Europe Market Y-o-Y Projection by Design, 2023 to 2033
Figure 102: Europe Market Attractiveness by Design, 2023 to 2033
Figure 103: Europe Market Value Share & BPS Analysis by Distribution Channel- 2016, 2023 to 2033
Figure 104: Europe Market Y-o-Y Projection by Distribution Channel, 2023 to 2033
Figure 105: Europe Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 106: Europe Market Value Share & BPS Analysis by Usage- 2016, 2023 to 2033
Figure 107: Europe Market Y-o-Y Projection by Usage, 2023 to 2033
Figure 108: Europe Market Attractiveness by Usage, 2023 to 2033
Figure 109: East Asia Market Historical Value (US$ Mn), 2016 to 2021
Figure 110: East Asia Market Value (US$ Mn) Forecast, 2021 to 2033
Figure 111: East Asia Market Value Share & BPS Analysis by Country- 2016, 2022 to 2033
Figure 112: East Asia Market Y-o-Y Projection by Country, 2022 to 2033
Figure 113: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 114: East Asia Market Absolute $ Opportunity - China, 2016 to 2021
Figure 115: East Asia Market Absolute $ Opportunity - Japan, 2016 to 2021
Figure 116: East Asia Market Absolute $ Opportunity - South Korea, 2016 to 2021
Figure 117: East Asia Market Value Share & BPS Analysis by Material- 2016, 2023 to 2033
Figure 118: East Asia Market Y-o-Y Projection by Material, 2023 to 2033
Figure 119: East Asia Market Attractiveness by Material, 2023 to 2033
Figure 120: East Asia Market Value Share & BPS Analysis by Design- 2016, 2023 to 2033
Figure 121: East Asia Market Y-o-Y Projection by Design, 2023 to 2033
Figure 122: East Asia Market Attractiveness by Design, 2023 to 2033
Figure 123: East Asia Market Value Share & BPS Analysis by Distribution Channel- 2016, 2023 to 2033
Figure 124: East Asia Market Y-o-Y Projection by Distribution Channel, 2023 to 2033
Figure 125: East Asia Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 126: East Asia Market Value Share & BPS Analysis by Usage- 2016, 2023 to 2033
Figure 127: East Asia Market Y-o-Y Projection by Usage, 2023 to 2033
Figure 128: East Asia Market Attractiveness by Usage, 2023 to 2033
Figure 129: South Asia & Oceania Market Historical Value (US$ Mn), 2016 to 2020
Figure 130: South Asia & Oceania Market Value (US$ Mn) Forecast, 2021 to 2031
Figure 131: South Asia & Oceania Market Value Share & BPS Analysis by Country- 2016, 2023 to 2033
Figure 132: South Asia & Oceania Market Y-o-Y Projection by Country, 2023 to 2033
Figure 133: South Asia & Oceania Market Attractiveness by Country, 2023 to 2033
Figure 134: South Asia & Oceania Market Absolute $ Opportunity - India, 2016 to 2031
Figure 135: South Asia & Oceania Market Absolute $ Opportunity - Thailand, 2016 to 2021
Figure 136: South Asia & Oceania Market Absolute $ Opportunity - Indonesia, 2016 to 2021
Figure 137: South Asia & Oceania Market Absolute $ Opportunity - Malaysia, 2016 to 2021
Figure 138: South Asia & Oceania Market Absolute $ Opportunity - Australia & New Zealand, 2016 to 2021
Figure 139: South Asia & Oceania Market Absolute $ Opportunity - Rest of South Asia & Oceania, 2016 to 2021
Figure 140: South Asia & Oceania Market Value Share & BPS Analysis by Material- 2016, 2023 to 2033
Figure 141: South Asia & Oceania Market Y-o-Y Projection by Material, 2023 to 2033
Figure 142: South Asia & Oceania Market Attractiveness by Material, 2023 to 2033
Figure 143: South Asia & Oceania Market Value Share & BPS Analysis by Design- 2016, 2023 to 2033
Figure 144: South Asia & Oceania Market Y-o-Y Projection by Design, 2023 to 2033
Figure 145: South Asia & Oceania Market Attractiveness by Design, 2023 to 2033
Figure 146: South Asia & Oceania Market Value Share & BPS Analysis by Distribution Channel- 2016, 2023 to 2033
Figure 147: South Asia & Oceania Market Y-o-Y Projection by Distribution Channel, 2023 to 2033
Figure 148: South Asia & Oceania Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 149: South Asia & Oceania Market Value Share & BPS Analysis by Usage- 2016, 2023 to 2033
Figure 150: South Asia & Oceania Market Y-o-Y Projection by Usage, 2023 to 2033
Figure 151: South Asia & Oceania Market Attractiveness by Usage, 2023 to 2033
Figure 152: MEA Market Historical Value (US$ Mn), 2016 to 2020
Figure 153: MEA Market Value (US$ Mn) Forecast, 2021 to 2031
Figure 154: MEA Market Value Share & BPS Analysis by Country- 2016, 2023 to 2033
Figure 155: MEA Market Y-o-Y Projection by Country, 2023 to 2033
Figure 156: MEA Market Attractiveness by Country, 2023 to 2033
Figure 157: MEA Market Absolute $ Opportunity - GCC Countries, 2016 to 2031
Figure 158: MEA Market Absolute $ Opportunity - Turkey, 2016 to 2021
Figure 159: MEA Market Absolute $ Opportunity - South Africa, 2016 to 2021
Figure 160: MEA Market Absolute $ Opportunity - Northern Africa, 2016 to 2021
Figure 161: MEA Market Absolute $ Opportunity - Rest of MEA, 2016 to 2021
Figure 162: MEA Market Value Share & BPS Analysis by Material- 2016, 2023 to 2033
Figure 163: MEA Market Y-o-Y Projection by Material, 2023 to 2033
Figure 164: MEA Market Attractiveness by Material, 2023 to 2033
Figure 165: MEA Market Value Share & BPS Analysis by Design- 2016, 2023 to 2033
Figure 166: MEA Market Y-o-Y Projection by Design, 2023 to 2033
Figure 167: MEA Market Attractiveness by Design, 2023 to 2033
Figure 168: MEA Market Value Share & BPS Analysis by Distribution Channel- 2016, 2023 to 2033
Figure 169: MEA Market Y-o-Y Projection by Distribution Channel, 2023 to 2033
Figure 170: MEA Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 171: MEA Market Value Share & BPS Analysis by Usage- 2016, 2023 to 2033
Figure 172: MEA Market Y-o-Y Projection by Usage, 2023 to 2033
Figure 173: MEA Market Attractiveness by Usage, 2023 to 2033
Figure 174: China Market Value Share & BPS Analysis by Material- 2016, 2023 to 2033
Figure 175: China Market Y-o-Y Projection by Material, 2023 to 2033
Figure 176: China Market Attractiveness by Material, 2023 to 2033
Figure 177: China Market Value Share & BPS Analysis by Design- 2016, 2023 to 2033
Figure 178: China Market Y-o-Y Projection by Design, 2023 to 2033
Figure 179: China Market Attractiveness by Design, 2023 to 2033
Figure 180: China Market Value Share & BPS Analysis by Distribution Channel- 2016, 2023 to 2033
Figure 181: China Market Y-o-Y Projection by Distribution Channel, 2023 to 2033
Figure 182: China Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 183: China Market Value Share & BPS Analysis by Usage- 2016, 2023 to 2033
Figure 184: China Market Y-o-Y Projection by Usage, 2023 to 2033
Figure 185: China Market Attractiveness by Usage, 2023 to 2033
Figure 186: India Market Value Share & BPS Analysis by Material- 2016, 2023 to 2033
Figure 187: India Market Y-o-Y Projection by Material, 2023 to 2033
Figure 188: India Market Attractiveness by Material, 2023 to 2033
Figure 189: India Market Value Share & BPS Analysis by Design- 2016, 2023 to 2033
Figure 190: India Market Y-o-Y Projection by Design, 2023 to 2033
Figure 191: India Market Attractiveness by Design, 2023 to 2033
Figure 192: India Market Value Share & BPS Analysis by Distribution Channel- 2016, 2023 to 2033
Figure 193: India Market Y-o-Y Projection by Distribution Channel, 2023 to 2033
Figure 194: India Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 195: India Market Value Share & BPS Analysis by Usage- 2016, 2023 to 2033
Figure 196: India Market Y-o-Y Projection by Usage, 2023 to 2033
Figure 197: India Market Attractiveness by Usage, 2023 to 2033
Figure 198: Mexico Market Value Share & BPS Analysis by Material- 2016, 2023 to 2033
Figure 199: Mexico Market Y-o-Y Projection by Material, 2023 to 2033
Figure 200: Mexico Market Attractiveness by Material, 2023 to 2033
Figure 201: Mexico Market Value Share & BPS Analysis by Design- 2016, 2023 to 2033
Figure 202: Mexico Market Y-o-Y Projection by Design, 2023 to 2033
Figure 203: Mexico Market Attractiveness by Design, 2023 to 2033
Figure 204: Mexico Market Value Share & BPS Analysis by Distribution Channel- 2016, 2023 to 2033
Figure 205: Mexico Market Y-o-Y Projection by Distribution Channel, 2023 to 2033
Figure 206: Mexico Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 207: Mexico Market Value Share & BPS Analysis by Usage- 2016, 2023 to 2033
Figure 208: Mexico Market Y-o-Y Projection by Usage, 2023 to 2033
Figure 209: Mexico Market Attractiveness by Usage, 2023 to 2033
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- FAQs -
What is the current size of the contact lens market?
The global contact lens market is valued at US$ 9.99 billion in 2023.
What is the projected market size for 2033?
Global demand for contact lenses is estimated to reach US$ 16.42 billion by 2033.
What is the expected contact lens market growth?
The adoption of contact lenses is expected to increase at a CAGR of 5.1% through 2023 to 2033.
How big is the United States contact lens market?
The United States contact lens market is valued at US$ 4.1 billion in 2023.
Contact Lens Market