Contact Lens Solutions Market
Contact Lens Solutions Market Analysis By Solution (Multi-purpose & Hydrogen Peroxide-based Contact Lens Solutions) By Distribution Channel (Retail, Eye Care Professionals, Online & Others) By Region – Global Market Insights 2022 to 2026
Analysis of Contact Lens Solutions market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Contact Lens Solutions Market Outlook (2022 to 2026)
Worldwide contact lens solution demand is currently valued at around US$ 3 billion. The global contact lens solutions market is anticipated to expand at a CAGR of 3% to reach US$ 3.4 billion by 2026.
Multi-purpose contact lens solutions, one of the segments analysed in the contact lens solutions report, is also expected to evolve at a CAGR of 3% and reach a market valuation of around US$ 2 billion.
Over the past few years, more young people have started wearing designer eyewear. Large-scale marketing and promotions have been crucial in boosting sales in the luxury eyewear market, which bodes well for the consumption of contact lens solutions.
| Report Attributes | Details |
|---|---|
| Contact Lens Solutions Market Size (2022E) | US$ 3 Billion |
| Forecasted Market Value (2026F) | US$ 3.4 Billion |
| Global Market Growth Rate (2022 to 2026) | 3% CAGR |
| U.S. Market Value (2022) | US$ 916 Million |
| China Market Value (2026) | US$ 279 Million |
| Key Companies Profiled | Alcon Laboratories, Inc.; Allergan plc; Bausch & Lomb Incorporated; CooperVision, Inc.; Johnson & Johnson; FreshKon; Menicon Co., Ltd.; CLB VISION |
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Contact Lens Solution Sales Analysis (2017 to 2021) Vs. Market Forecasts (2022 to 2026)
Glass lenses have so far been employed in a variety of applications. But because they are fragile and likely to degrade quickly, plastic lenses have evolved and become more popular.
In respect of UV protection, durability, and safety for use during sporting events or other strenuous activities where the lens is prone to break, plastic lenses have significant advantages over glass lenses. Thus, the above factors are boosting the plastic lens market growth.
To clean, sterilize, and maintain contacts, contact lens solutions are used. Other solutions, such as saline, regular cleaners, and enzymatic protein cleaners, among others, are also used for various single applications, such as disinfection and cleaning in addition to the famed hydrogen peroxide-based and multipurpose solution.
Because of the increasing need for a suitable substitute for eyeglasses, contact lens use has massively boosted. In turn, it is anticipated that this will fuel contact lens solution demand in the coming years.
Acanthamoeba keratitis eye illness can arise as a result of eye infections. This may cause partial or total vision loss. Inadequate eye care and disregard for replacement schedules may result in problems such as Contact Lens-Induced Acute Red Eye (CLARE). The usage of lens care solutions and adherence to the lens care schedule to prevent infections is essential for contact lens users.
Before using contact lenses, they are cleaned and disinfected using various solutions. Irritation of the eyes might result due to a lack of moisture. The demand for contact lens solutions that can lubricate and disinfect such wear is expanding as a result of the advancements and developments of new contact lens materials.
According to Fact.MR, a market research and competitive intelligence provider, expanding at a CAGR of 3%, the global contact lens solutions market is projected to reach US$ 3.4 billion by 2026.
Which Market Trends are Expected to Accelerate Demand for Contact Lens Services?
“Ongoing Innovations Expanding Contact Lens Solutions Industry Size”
One of the fastest-growing fields of optometry is contact lenses, which have undergone several important advances in the past few years. One of the most recent and significant breakthroughs in contact lenses is the use of smart lenses.
These cutting-edge lenses can quickly identify glaucoma, diabetes, and other medical issues. Major players are also working to create smart contact lenses that will enable individuals to capture pictures with their eyes while also adjusting to the changing light conditions for clear eyesight while going from light to dark.
People who suffer from age-related macular degeneration (AMD) and other conditions will find this useful. Such research and development initiatives have increased the usage of these smart glasses, which has accelerated the market growth of contact lens solutions over the forecast period.
“Rising Use of Contact Lens & Awareness about Their Care”
While buying contact lenses all around the world, patients look for professional guidance and cutting-edge treatment. Consumers in industrialized countries prefer to use insurance plans and are ready to pay more for products for eye care. Due to the accessibility and convenience of their preferred brand's products, consumers also exhibit brand loyalty and are less likely to switch to rival items.
Customers are influenced to choose well-known brands on the market by the high risk of infection associated with using contact lenses that are not fitted to the patient appropriately. Most customers buy their contact lenses directly from opticians or other eye care providers.
Wearers who have easy access to optical stores can buy lenses quickly and conveniently without the wait associated with internet purchasing. Thus, care of lenses promotes sales of contact lens solutions
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Which Regions are Driving Sales Revenue of Contact Lens Solutions Industry?
“Widespread Demand for Contact Lenses in North America & Europe Makes Them Profitable Markets for Top Lens Solution Providers”
North America is expected to see significant market growth among the regional segments throughout the forecast period. The existence of significant market participants, a developed healthcare infrastructure, and widespread contact lens use in the region are all factors contributing to the regional market's success.
- According to the National Eye Institute, by 2030, there will be about 5,000,055 Americans with low vision, and by 2050, it will increase to 8,913,397.
Due to the rising cases of diabetes and glaucoma, Europe is predicted to hold the second position in terms of market share. The market expansion in this region is also projected to be fueled by expanding government and non-government organisation research efforts for smart contact lens advancements.
During the projected period, it is expected that the market in the Asia Pacific region will see a higher CAGR. The market in the Asia Pacific is anticipated to be driven by rising patient awareness of sophisticated lenses and the existence of a sizable untapped market during the forecast period.
Country-wise Analysis
Will the United States Be a Profitable Market for Contact Cleaning Solution Providers?
“Raising Sales of Contact Lenses Augmenting U.S. Market Share of Contact Lens Solutions”
The United States is considered a lucrative market for contact lens solutions and is valued at US$ 916 million, in 2022. People of all ages are using contact lenses more frequently, which has led to an increase in demand for contact lens solutions in the United States.
- The Centers for Disease Control and Prevention estimate that 45 million individuals in the United States wear contact lenses, with 8 percent of wearers under the age of 18, and 17 percent between the ages of 18 and 24 wearing contacts, as well as 75 percent of those over the age of 25.
Thus, this graph proves the high demand for contact lenses, which is subsequently increasing the sales of eye contact solutions.
How is the Market for Contact Lens Solutions Progressing in Germany?
“Rising Cases of Eye Disorders Attracting Top Companies of Contact Lens Solutions to Increase Production of Contact Cleaning Solutions”
In Germany, the contact lens solutions market is anticipated to expand rapidly.
- Age-associated eye disorders, which are brought on by an ageing population with a range of vision issues, as well as an increase in eye injuries and illnesses related to vision, are the leading cause of sight loss in Europe, according to the European Blind Union.
The need of users for contact lenses with attractive colours, shades, and patterns for attractive eye appearance is another factor influencing the demand for contact lens solutions in the nation. As such, colored contact lens demand is also increasing.
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Category-wise Analysis
Which Contact Lens Solution Type is in High Demand?
“Hydrogen Peroxide Contact Solutions Highly Popular Due to their Multiple Benefits”
The two types of contact lens solutions are hydrogen peroxide-based and multi-purpose solutions. For several reasons, hydrogen peroxide contact solutions are preferred over multi-purpose contact lens solutions as a contact lens solution.
Both are nearly equally effective at cleaning the lens of build-up debris and disinfecting it, although the former can penetrate deeper for better removal of microbial biofilms. The absence of preservatives in hydrogen peroxide-based solutions is another significant benefit.
People with allergies and/or eye sensitivities should avoid using preservatives. The ease of use is the main benefit of the multipurpose solution type, but there are many others as well. The contacts must be cleaned, rinsed, disinfected, and stored using a single solution for multiple tasks.
Competitive Landscape
The global market for contact lens solutions is competitive and moderately fragmented. To increase their market share, market participants concentrate on new product releases, product developments, and geographic expansion.
- For example, Johnson & Johnson introduced a multi-purpose disinfection solution for reusable contact lenses, in October 2019.
- In May 2017, Bausch & Lomb Incorporated introduced Renu Advanced Formula, a multipurpose contact lens cleaning solution for soft and silicone hydrogel contact lenses.
Key Segments of Contact Lens Solutions Industry Research
-
By Solution :
- Multi-purpose
- Hydrogen Peroxide-based
-
By Distribution Channel :
- Retail
- Eye Care Professionals
- Online
- Others
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2017 to 2021 and Forecast, 2022 to 2026
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2017 to 2021 and Forecast, 2022 to 2026
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2026, by Solution
- 9.1. Multi-purpose
- 9.2. Hydrogen Peroxide-based
- 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2026, by Distribution Channel
- 10.1. Retail
- 10.2. Eye Care Professionals
- 10.3. Online
- 10.4. Others
- 11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2026, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2026
- 13. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2026
- 14. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2026
- 15. South Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2026
- 16. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2026
- 17. Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2026
- 18. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2026
- 19. Key and Emerging Countries Market Analysis 2017 to 2021 and Forecast 2022 to 2026
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. Alcon Laboratories, Inc.
- 21.2. Allergan plc
- 21.3. Bausch & Lomb Incorporated
- 21.4. CooperVision, Inc.
- 21.5. Johnson & Johnson
- 21.6. FreshKon
- 21.7. Menicon Co., Ltd.
- 21.8. CLB VISION
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2017 to 2026, By Solution
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Solution
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Distribution Channel
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2026, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Solution
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Distribution Channel
Table 08: Latin America Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2026, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Solution
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Distribution Channel
Table 11: Europe Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2026, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Solution
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Distribution Channel
Table 14: South Asia Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2026, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Solution
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Distribution Channel
Table 17: East Asia Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2026, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Solution
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Distribution Channel
Table 20: Oceania Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2026, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Solution
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Distribution Channel
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2026, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Solution
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2026, By Distribution Channel
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2017 to 2021
Figure 02: Global Market Volume Forecast (in 000' Units), 2022 to 2026
Figure 03: Pricing Analysis (US$) Per Product Type, By Region, 2021
Figure 04: Pricing Analysis (US$) Per Product Type, By Region, 2021
Figure 05: Global Market Value Analysis (US$ Mn), 2017 to 2021
Figure 06: Global Market Value Forecast (US$ Mn), 2022 to 2026
Figure 07: Global Market Absolute $ Opportunity, 2022 to 2026
Figure 08: Global Market Share Analysis (%), By Solution, 2022 to 2026
Figure 09: Global Market Y-o-Y Analysis (%), By Solution, 2022 to 2026
Figure 10: Global Market Attractiveness Analysis by Solution, 2022 to 2026
Figure 11: Global Market Share Analysis (%), By Distribution Channel, 2022 to 2026
Figure 12: Global Market Y-o-Y Analysis (%), By Distribution Channel, 2022 to 2026
Figure 13: Global Market Attractiveness Analysis by Distribution Channel, 2022 to 2026
Figure 14: Global Market Share Analysis (%), By Region, 2022 to 2026
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2022 to 2026
Figure 16: Global Market Attractiveness Analysis by Region, 2022 to 2026
Figure 17: North America Market Value Share, By Solution, 2022 (E)
Figure 18: North America Market Value Share, By Distribution Channel, 2022 (E)
Figure 19: North America Market Value Share, By Country, 2022 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2017 to 2021
Figure 21: North America Market Value Forecast (US$ Mn), 2022 to 2026
Figure 22: North America Market Attractiveness Analysis by Solution, 2022 to 2026
Figure 23: North America Market Attractiveness Analysis by Distribution Channel, 2022 to 2026
Figure 24: North America Market Attractiveness Analysis by Country, 2022 to 2026
Figure 25: Latin America Market Value Share, By Solution, 2022 (E)
Figure 26: Latin America Market Value Share, By Distribution Channel, 2022 (E)
Figure 27: Latin America Market Value Share, By Country, 2022 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2017 to 2021
Figure 29: Latin America Market Value Forecast (US$ Mn), 2022 to 2026
Figure 30: Latin America Market Attractiveness Analysis by Solution, 2022 to 2026
Figure 31: Latin America Market Attractiveness Analysis by Distribution Channel, 2022 to 2026
Figure 32: Latin America Market Attractiveness Analysis by Country, 2022 to 2026
Figure 33: Europe Market Value Share, By Solution, 2022 (E)
Figure 34: Europe Market Value Share, By Distribution Channel, 2022 (E)
Figure 35: Europe Market Value Share, By Country, 2022 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2017 to 2021
Figure 37: Europe Market Value Forecast (US$ Mn), 2022 to 2026
Figure 38: Europe Market Attractiveness Analysis by Solution, 2022 to 2026
Figure 39: Europe Market Attractiveness Analysis by Distribution Channel, 2022 to 2026
Figure 40: Europe Market Attractiveness Analysis by Country, 2022 to 2026
Figure 41: South Asia Market Value Share, By Solution, 2022 (E)
Figure 42: South Asia Market Value Share, By Distribution Channel, 2022 (E)
Figure 43: South Asia Market Value Share, By Country, 2022 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2017 to 2021
Figure 45: South Asia Market Value Forecast (US$ Mn), 2022 to 2026
Figure 46: South Asia Market Attractiveness Analysis by Solution, 2022 to 2026
Figure 47: South Asia Market Attractiveness Analysis by Distribution Channel, 2022 to 2026
Figure 48: South Asia Market Attractiveness Analysis by Country, 2022 to 2026
Figure 49: East Asia Market Value Share, By Solution, 2022 (E)
Figure 50: East Asia Market Value Share, By Distribution Channel, 2022 (E)
Figure 51: East Asia Market Value Share, By Country, 2022 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2017 to 2021
Figure 53: East Asia Market Value Forecast (US$ Mn), 2022 to 2026
Figure 54: East Asia Market Attractiveness Analysis by Solution, 2022 to 2026
Figure 55: East Asia Market Attractiveness Analysis by Distribution Channel, 2022 to 2026
Figure 56: East Asia Market Attractiveness Analysis by Country, 2022 to 2026
Figure 57: Oceania Market Value Share, By Solution, 2022 (E)
Figure 58: Oceania Market Value Share, By Distribution Channel, 2022 (E)
Figure 59: Oceania Market Value Share, By Country, 2022 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2017 to 2021
Figure 61: Oceania Market Value Forecast (US$ Mn), 2022 to 2026
Figure 62: Oceania Market Attractiveness Analysis by Solution, 2022 to 2026
Figure 63: Oceania Market Attractiveness Analysis by Distribution Channel, 2022 to 2026
Figure 64: Oceania Market Attractiveness Analysis by Country, 2022 to 2026
Figure 65: Middle East and Africa Market Value Share, By Solution, 2022 (E)
Figure 66: Middle East and Africa Market Value Share, By Distribution Channel, 2022 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2022 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2017 to 2021
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2022 to 2026
Figure 70: Middle East and Africa Market Attractiveness Analysis by Solution, 2022 to 2026
Figure 71: Middle East and Africa Market Attractiveness Analysis by Distribution Channel, 2022 to 2026
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2022 to 2026
Figure 73: U. S. Market Value Analysis (US$ Mn), 2022 & 2026
Figure 74: U. S. Market Value Share, By Solution, 2022 (E)
Figure 75: U. S. Market Value Share, By Distribution Channel, 2022 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2022 & 2026
Figure 77: Canada Market Value Share, By Solution, 2022 (E)
Figure 78: Canada Market Value Share, By Distribution Channel, 2022 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2022 & 2026
Figure 80: Mexico Market Value Share, By Solution, 2022 (E)
Figure 81: Mexico Market Value Share, By Distribution Channel, 2022 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2022 & 2026
Figure 83: Brazil Market Value Share, By Solution, 2022 (E)
Figure 84: Brazil Market Value Share, By Distribution Channel, 2022 (E)
Figure 85: U. K. Market Value Analysis (US$ Mn), 2022 & 2026
Figure 86: U. K. Market Value Share, By Solution, 2022 (E)
Figure 87: U. K. Market Value Share, By Distribution Channel, 2022 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2022 & 2026
Figure 89: Germany Market Value Share, By Solution, 2022 (E)
Figure 90: Germany Market Value Share, By Distribution Channel, 2022 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2022 & 2026
Figure 92: France Market Value Share, By Solution, 2022 (E)
Figure 93: France Market Value Share, By Distribution Channel, 2022 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2022 & 2026
Figure 95: Italy Market Value Share, By Solution, 2022 (E)
Figure 96: Italy Market Value Share, By Distribution Channel, 2022 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2022 & 2026
Figure 98: Spain Market Value Share, By Solution, 2022 (E)
Figure 99: Spain Market Value Share, By Distribution Channel, 2022 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2022 & 2026
Figure 101: Russia Market Value Share, By Solution, 2022 (E)
Figure 102: Russia Market Value Share, By Distribution Channel, 2022 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2022 & 2026
Figure 104: China Market Value Share, By Solution, 2022 (E)
Figure 105: China Market Value Share, By Distribution Channel, 2022 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2022 & 2026
Figure 107: Japan Market Value Share, By Solution, 2022 (E)
Figure 108: Japan Market Value Share, By Distribution Channel, 2022 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2022 & 2026
Figure 110: South Korea Market Value Share, By Solution, 2022 (E)
Figure 111: South Korea Market Value Share, By Distribution Channel, 2022 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2022 & 2026
Figure 113: India Market Value Share, By Solution, 2022 (E)
Figure 114: India Market Value Share, By Distribution Channel, 2022 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2022 & 2026
Figure 116: ASEAN Market Value Share, By Solution, 2022 (E)
Figure 117: ASEAN Market Value Share, By Distribution Channel, 2022 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2022 & 2026
Figure 119: Australia Market Value Share, By Solution, 2022 (E)
Figure 120: Australia Market Value Share, By Distribution Channel, 2022 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2022 & 2026
Figure 122: New Zealand Market Value Share, By Solution, 2022 (E)
Figure 123: New Zealand Market Value Share, By Distribution Channel, 2022 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2022 & 2026
Figure 125: GCC Countries Market Value Share, By Solution, 2022 (E)
Figure 126: GCC Countries Market Value Share, By Distribution Channel, 2022 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2022 & 2026
Figure 128: Turkey Market Value Share, By Solution, 2022 (E)
Figure 129: Turkey Market Value Share, By Distribution Channel, 2022 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2022 & 2026
Figure 131: South Africa Market Value Share, By Solution, 2022 (E)
Figure 132: South Africa Market Value Share, By Distribution Channel, 2022 (E)
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- FAQs -
Which is a profitable market for contact lens service providers?
North America is targeted by contact lens solution producers, followed by Europe, owing to its well-established healthcare infrastructure and favourable government policies.
Which are the top companies manufacturing contact lens solutions?
Alcon Laboratories, Inc., Allergan plc, Bausch & Lomb Incorporated, CooperVision, Inc., and Johnson & Johnson are key players in the contact lens solutions market.
Which product type is gaining immense popularity?
Due to their multiple benefits, hydrogen peroxide contact solutions are highly preferred over multi-purpose contact lens solutions.
What is the study period of the global contact lens solutions market report?
The study period of the global contact lens solutions market is from 2017 to 2026.
What is the global contact lens solutions market size?
The global contact lens solutions market is valued at US$ 3 billion in 2022.
At what pace is the global contact lens solutions market expected to increase?
The global contact lens solutions market is estimated to expand at 3% CAGR from 2022-2026.
What is the China contact lens solutions market predicted to be valued by 2026?
By 2026, China’s market for contact lens solutions is predicted to reach US$ 279 million.
What is the United States contact lens solutions market worth?
Contact lens solution demand in the U.S. is currently valued at US$ 216 million.
How are global sales of contact lens solutions expected to evolve?
Sales of contact lens solutions are expected to reach US$ 3.4 billion in 2026.
Contact Lens Solutions Market