This report studies the global Contact Lenses market status and forecast, categorizes the global Contact Lenses market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Contact Lenses (CLs) are lightweight corrective, cosmetic or therapeutic devices that are usually placed directly onto the cornea of the eye. Contact lenses have many benefits for wearers, including appearance and practicality. Many people choose to wear contact lenses as opposed to eyeglasses as they do not steam up, they provide a wider field of vision, and they are more suitable for a number of sporting activities.
USA is the largest consumption region of Contact Lenses, with a sales market share nearly 30.5% and consumption value market share nearly 32%. However, the US market is relatively concentrated. About 94% of market share is concentrated in the hands of the international four major manufacturers.
The second place is Europe; following USA with the sales market share of 21%. Japan is another important market of Contact Lenses, enjoying 16% sales market share.
Market competition is intense. Johnson &Johnson Vision Care, Novartis, CooperVision, Bausch + Lomb, etc. are the leader of the industry, and hold key technologies and customers, have been formed in the monopoly position in the industry. However, with further expanding market, there will be more manufactures in the future.
There are some manufacturers in China, and product quality is uneven. The market is chaos and a market adjustment is expected in the future. In addition, there are some breakthroughs in research on Contact Lenses in China.
The global Contact Lenses market is valued at 8350 million US$ in 2017 and will reach 11900 million US$ by the end of 2025, growing at a CAGR of 4.6% during 2018-2025.
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The major players covered in this report
Bausch + Lomb
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
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