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Contact Lens Manufacturing in the US - Industry Market Research Report

  • ID: 3799417
  • Report
  • May 2020
  • Region: United States
  • 38 pages
  • IBISWorld
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Clearer vision: New product development will help sustain industry revenue growth

FEATURED COMPANIES

  • Johnson & Johnson
  • Novartis International AG
  • The Cooper Companies Inc.
  • MORE

Contact Lens Manufacturing

The Contact Lens Manufacturing industry is expected to struggle domestically over the five years to 2018 as a result of increased competition from overseas manufacturers. Contact lenses are often considered a cosmetic alternative to eyeglasses rather than a necessity, linking demand to consumers' level of disposable income in addition to the number of people with health insurance that includes vision coverage. The industry comprises a limited number of manufacturers, with most of the industry's market share concentrated among the top four players. Small operators have a difficult time competing and are often bought out by larger players if they have a competitive product on the market. Over the next five years, industry revenue is anticipated to grow slowly given the widespread market acceptance of contact lenses and rising demand for products that enhance the comfort and durability of lenses.

This industry manufactures corrective, cosmetic or therapeutic lenses that are usually placed on the cornea of the eye. The care and maintenance products for these lenses are also included in this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Johnson & Johnson
  • Novartis International AG
  • The Cooper Companies Inc.
  • MORE
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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  • Novartis International AG
  • The Cooper Companies Inc.
  • Johnson & Johnson
  • Bausch Health Companies Inc.
Note: Product cover images may vary from those shown
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