Contact Lenses Market Report 2022-27 | Industry Size, Demand, Trends and Forecast

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Contact Lenses Market Report 2022-27 | Industry Size, Demand, Trends and Forecast

Posted By Abhay Kumar     Mar 21    

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According to the latest report by IMARC Group “Contact Lenses Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global contact lenses market size reached US$ 7.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 10.8 Billion by 2027, exhibiting a growth rate (CAGR) of 6% during 2022-2027.

Contact lenses are thin and transparent plastic discs that are worn in the eye to improve vision. They float on the tear film that encircles the cornea of the eye and corrects the vision complication caused by refractive errors resulting in blurring visions. They help improve various eyesight complications, such as myopia (nearsightedness), hyperopia (farsightedness), astigmatism (distorted vision), and presbyopia (issues in near vision caused by aging). They are commercially available as rigid gas permeable (RGP) lenses that allow oxygen to flow through the lens to the eyes and prevent the deposition of protein. They are also available with various tints, which are used to change the natural color of the lens and are majorly used for cosmetic purposes. Furthermore, they can be customized according to the size of the eye and the power of the eyesight of the user.

Request for a free sample copy of this report: https://www.imarcgroup.com/contact-lenses-market/requestsample

Market Trends:

At present, the increasing utilization of contact lenses as they are lightweight, comfortable to wear, and cost-effective represents one of the primary factors influencing the market positively. Besides this, the growing occurrence of eyesight complications due to the excessive use of smartphones and laptops is offering a favorable market outlook. In addition, rising advancements in the treatment and diagnosis of vision-related complications is propelling the growth of the market. Moreover, the increasing number of businesses manufacturing contact lenses with eye-safe materials, which are appropriate for extensive usage is bolstering the growth of the market.

Breakup by Material:

  • Gas Permeable
  • Silicone Hydrogel
  • Hybrid
  • Others

Breakup by Design:

  • Spherical
  • Toric
  • Multifocal
  • Others

Breakup by Usage:

  • Daily Disposable
  • Disposable
  • Frequently Replacement
  • Traditional

Breakup by Application:

  • Corrective
  • Therapeutic
  • Cosmetic
  • Prosthetic
  • Lifestyle-oriented

Breakup by Distribution Channel:

  • E-commerce
  • Eye Care Practitioners
  • Retail Stores

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

The competitive landscape of the market has also been analyzed, with some of the top leading contact lenses manufacturers.

  • Alcon Vision LLC
  • Bausch & Lomb Incorporated
  • Carl Zeiss AG
  • Contamac Holdings Limited
  • EssilorLuxottica SA
  • Hoya Corporation
  • Johnson & Johnson
  • Menicon Co. Ltd.
  • SEED Co. Ltd.
  • SynergEyes
  • The Cooper Companies Inc.

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=4006&flag=C

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Address: 134 N 4th St. Brooklyn, NY 11249, USA 

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