The Contact Lens Market size was valued at USD 6.45 Billion in 2020 and is projected to reach USD 18.40 Billion by 2028, growing at a CAGR of 13.45% from 2021 to 2028.
Contact Lens Market Overview:
contact lens market The size was valued at USD 6.45 billion in 2020 and is expected to reach USD 18.40 billion by 2028, growing at a CAGR of 13.45% from 2021 to 2028.
Contact lenses are an essential component of the global eye care market. Growing adoption of contact lenses for the restoration of multiple vision dysfunctions such as myopia, hyperopia, astigmatism, and presbyopia will drive the growth of the global contact lens market. The growing attention to aesthetic appearance and the popularity of colored contact lenses in the fashion industry will drive the demand for these eye care products in the global market.
Market segmentation : Silicone hydrogel contact lenses benefit as they can help minimize risks, including red eyes, swollen corneas and blurred vision. Some of the factors for which silicone hydrogel lenses are preferred are extended wear, continuous wear, increased comfort, and performance. Changing lifestyle and environmental conditions such as smoking, high exposure to UV rays, pollutants are also increasing the number of eye disorders such as refractive error, cataracts and glaucoma. The increase in the diabetic population also contributes to the increase in eye disorders such as glaucoma, retinopathy, cataracts, temporary visual disturbance. All these factors are expected to drive the demand for corrective contact lenses in the market over the forecast period.
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Presentation of the segments: The contact lens market is segmented as follows:
Market segmentation by material
Market segmentation by application
Market segmentation by design
Market segmentation by use
Market segmentation by distribution channel
Hospital and eye care
A selection of companies mentioned in this report include:
Alcon Vision LLC
Essilor International S.A.,
Abbott Medical Optics, Inc.
Bausch & Lomb Incorporated
Chapter 1 Overview and Scope
1.1 Market view
1.1.1 Market definition
1.1.2 Market Scope
1.2 Market Segmentation
Chapter 2 Our Research Practice
2.1 Our research methodology
2.2 Data triangulation
2.3 Data sources
2.4 Assumptions of the study
2.5 Approach Taken
Chapter 3 Executive Summary
3.1 Market Overview
3.2 Regional overview
3.3 Summary of segments
Chapter 4 Covid-19 Impact Analysis
4.2 Prevalence analysis
4.3 Impact Analysis of Key Drivers
Chapter 11 Market Competition Analysis
11.1 Market Share/Positioning Analysis
11.1.1 Market Positioning of Major Vendors, 2019
11.1.2 Key Strategies Adopted by Major Players
11.1.3 Recent Developments
Chapter 12 Company Profiles – Overview
12.1 Johnson & Johnson
12.1.1 Business fundamentals
12.1.2 Financial Overviews
12.1.3 Product Portfolio
12.1.4 Recent Developments
12.2 Alcon, Inc.
12.3 CooperVision, Inc.
12.4 Bausch + Lomb
12.5 Carl Zeiss Meditech AG
12.6 HOYA Corporation
12.7 Essilor Group
12.8 SEED Co., Ltd.
12.9 Menicon Co., Ltd.
12.10 BenQ Materials Company
Chapter 13 Appendix
Moringa products market – By Type, by Application, by Distribution Channel and by Region – Global Industry Opportunity Analysis and Forecast – 2021-2028.
Probiotic Ingredients Market – By Ingredients, by Application, by Purpose, by Sales Channel and by Region – Global Opportunities Analysis and Industry Forecast – 2020-2028.
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