The global contact lenses market size is expected to reach revenues of over $12 billion by 2024, growing at a CAGR of around6% during 2019-2024.
The increasing focus on alternative treatment options for the management of various visual impairment disorders is driving the demand in the global contact lenses market. Diseases such as macular degeneration, cataract, glaucoma, and diabetic retinopathy are the primary cause for visual impairment and blindness. The incidence of refractory disorders is estimated to have doubled compared to past generations, driven by rapid changes in lifestyles, genetic implications, and lack of adequate nutrition.
The global contact lenses market is driven by the launch of specialized products with advanced features, which provide high optical comfort, better oxygen permeability, high visual acuity, and minimal or no risk of lenses-related adverse effects. The market research report provides in-depth market analysis and segmental analysis of the global contact lenses market by design, usage, application, distribution channels, and geography.
The report considers the present scenario of the global contact lenses market and its market dynamics for the period 2019−2024. It covers a detailed overview of various market growth enablers, restraints, and trends. The study includes both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the market.
Contact Lenses Market – Vendor Profiles
Major Vendors
- Johnson & Johnson
- Novartis
- The Cooper Companies
- Bausch & Lomb
Prominent Players
- CARL ZEISS
- Service Offerings
- Essilor International
- Hoya
- Menicon
- Sensimed AG
- SynergEyes
- UltraVisionCLPL
- Ginko International
- St. Shine Optical
- Visioneering Technologies
Contact Lenses Market – Segmentation
Market Segmentation by Material Type
- Silicone Hydrogel Lens
- Hydrogel Lens
- RGP
- Others
Market Segmentation by Design
- Spherical
- Toric
- Multi-focal
Market Segmentation by Usage
- Daily Disposable
- Replacement Lens
Market Segmentation by Application
- Corrective
- Therapeutic
- Cosmetic
Market Segmentation by End-users
- Optic Retail Stores
- Hospitals & Eye Clinics
- Online Stores
Market Segmentation by Geography
- North America
- US
- Canada
- APAC
- Japan
- China
- India
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Latin America
- Brazil
- Mexico
- Middle East & Africa
Contact Lenses Market – Table of Contents
1 Research Methodology
2 Research Objectives
3 Research process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 Market Segmentation by Material Types
4.3.2 Market Segmentation by Design Type
4.3.3 Market Segmentation by Usage
4.3.4 Market Segmentation by Application Type
4.3.5 Market Segmentation by Distribution Type
4.3.6 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Vision Function and Impairment: An Overview
7.1.1 Treatment Options
7.1.2 Causes of Visual Impairment
7.1.3 Epidemiology
7.2 Contact Lenses
8 Eye Disorders Requiring Contact Lens Intervention: Overview
8.1 Myopia
8.1.1 Symptoms
8.1.2 Treatment
8.2 Hypermetropia
8.2.1 Symptoms
8.2.2 Treatment
8.3 Astigmatism
8.3.1 Symptoms
8.3.2 Treatment
8.4 Presbyopia
8.4.1 Symptoms
8.4.2 Treatment Options
8.5 Aphakia
8.5.1 Symptoms
8.5.2 Treatment
8.6 Keratoconus
8.6.1 Symptoms
8.6.2 Treatment Alternatives
8.7 Glaucoma
8.7.1 Symptoms
8.7.2 Treatment
9 Market Dynamics
9.1 Market Growth Enablers
9.1.1 Growing Prevalence of Vision-related Disorders and Increasing Geriatric Population
9.1.2 Growing Computer Vision Syndrome (CVS) and Increasing Exposure to Digital Content
9.1.3 Increasing Preference for Daily Disposable Contact Lenses
9.1.4 Widening Usage Scope and Availability of Broad Range of Innovative Contact Lenses
9.1.5 YOY Impact of Market Growth Enablers
9.1.6 YOY Impact of Market Growth Enablers on Regions
9.2 Market Growth Restraints
9.2.1 Rise in LASIK Procedures for Vision Correction
9.2.2 Low Accessibility, Affordability, and Financial Exclusion for Large Patient Pool
9.2.3 Associated Risks of Contact Lenses Usage
9.2.4 YOY Impact of Market Growth Restraints
9.2.5 YOY Impact of Market Growth Restraints on Regions
9.3 Market Opportunities & Trends
9.3.1 New Product Approvals/Launches
9.3.2 Increase in Strategic Acquisitions and Partnerships
9.3.3 Rise of E-commerce as Preferred Distribution Channel
9.3.4 Product Innovations and Advent of Smart Contact Lenses
9.3.5 YOY Impact of Market Opportunities & Trends
9.3.6 YOY Impact of Market Opportunities & Trends on Regions
10 Value Chain Analysis
10.1 Value Chain Overview
10.1.1 Raw Materials
10.1.2 Manufacturers
10.1.3 Distributors
10.1.4 Retailers
10.1.5 End-user Consumers
11 Global Contact Lenses Market
11.1 Market Overview
11.2 Market Size & Forecast
11.3 Porter’s Five Forces Analysis
11.3.1 Threat of New Entrants
11.3.2 Bargaining Power of Suppliers
11.3.3 Bargaining Power of Buyers
11.3.4 Threat of Substitutes
11.3.5 Competitive Rivalry
12 By Material Type
12.1 Market Overview
12.2 Silicone Hydrogel Contact Lenses
12.2.1 Market Overview
12.2.2 Market Size & Forecast
12.3 Hydrogel Contact lenses
12.3.1 Market Overview
12.3.2 Market Size & Forecast
12.4 RGP Contact Lenses
12.4.1 Market Overview
12.4.2 Market Size & Forecast
12.5 Others
12.5.1 Market Overview
12.5.2 Market Size & Forecast
13 By Application Type
13.1 Market Overview
13.2 Corrective Contact Lenses
13.2.1 Market Overview
13.2.2 Market Size & Forecast
13.3 Therapeutic Contact Lenses
13.3.1 Market Overview
13.3.2 Market Size & Forecast
13.4 Cosmetic Contact Lenses
13.4.1 Market Overview
13.4.2 Market Size & Forecast
14 By Design Type
14.1 Market Overview
14.2 Spherical
14.2.1 Market Overview
14.2.2 Market Size & Forecast
14.3 Toric
14.3.1 Market Overview
14.3.2 Market Size & Forecast
14.4 Multi-focal Lenses
14.4.1 Market Overview
14.4.2 Market Size & Forecast
15 By Usage Type
15.1 Market Overview
15.2 Daily Disposable Lenses
15.2.1 Market Overview
15.2.2 Market Size & Forecast
15.3 Frequent Replacement Lenses
15.3.1 Market Overview
15.3.2 Market Size & Forecast
15.4 Frequent Replacement Contact Lenses Market Segmentation
15.5 Monthly Use Contact Lenses
15.5.1 Market Size & Forecast
15.6 Weekly Use Contact Lenses
15.6.1 Market Size & Forecast
15.7 Others
15.7.1 Market Size & Forecast
16 By Distribution Channels
16.1 Market Overview
16.2 Optical Retail Stores
16.2.1 Market Overview
16.2.2 Market Size & Forecast
16.3 Hospitals and Eye Clinics
16.3.1 Market Overview
16.3.2 Market Size and Forecast
16.4 Online Stores
16.4.1 Market Overview
16.4.2 Market Size & Forecast
17 By Geography
17.1 Market Overview
18 North America
18.1 Market Overview
18.1.1 Market Size & Forecast
18.2 Key Countries
18.2.1 US: Market Size & Forecast
18.2.2 Canada: Market Size & Forecast
19 APAC
19.1 Market Overview
19.1.1 Market Size & Forecast
19.2 Key Countries
19.2.1 Japan: Market Size & Forecast
19.2.2 China: Market Size & Forecast
19.2.3 India: Market Size & Forecast
20 Europe
20.1 Market Overview
20.1.1 Market Size & Forecast
20.2 Key Countries
20.2.1 Germany: Market Size & Forecast
20.2.2 France: Market Size & Forecast
20.2.3 UK: Market Size & Forecast
20.2.4 Spain: Market Size & Forecast
20.2.5 Italy: Market Size & Forecast
21 Latin America
21.1 Market Overview
21.1.1 Market Size & Forecast
21.2 Key Countries
21.2.1 Brazil: Market Size & Forecast
21.2.2 Mexico: Market Size & Forecast
22 Middle-East & Africa
22.1 Market Overview
22.1.1 Market Size & Forecast
23 Competitive Landscape
23.1 Competitive Scenario
23.2 Market Vendor Share Analysis 2017
23.3 Key Competitive Strategies of Vendors
23.4 Strategic Recommendations for Market Participants
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