Contact Lenses Market Analysis By Product Type (RPG, Soft, Hybrid), By Design Type (Spherical, Toric, Multifocal & Others), By Usage Type, By Region, And Segment Forecasts 2014 - 2024

  • ID: 4076503
  • Report
  • 85 pages
  • Grand View Research
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FEATURED COMPANIES

  • Alcon Laboratories, Inc.
  • Contamac US, Inc.
  • CooperVision, Inc.
  • Eagle Optics Pvt. Limited
  • Hoya Corporation
  • STAAR Surgical Comapany
  • MORE
The global contact lenses market is expected to reach USD 14.72 billion by 2024. The surging acceptance of contact lens in sports activities and outdoor activities is expected to boost the market growth. The increasing acceptance of cosmetic contact lens by media and entertainment segment is further anticipated to bolster the market growth. Growing occurrences of ophthalmic disorders including hypermetropia, myopia, and astigmatism is anticipated to positively impact the global market over the forecast period.

The contact lenses can be categorized on the basis of usage types into corrective, therapeutic, cosmetic, prosthetic, and lifestyle-oriented lens. The cosmetic lens segment is expected to grow at a remarkable pace owing to the enhanced usage to enhance visual appearances’.

Most contact lenses are sold under their national brand name whereas some manufacturers distribute their lens to Eye Care Professionals (ECPs) and retailers under private brand names. Some contact lens manufacturers limit the retail distribution of their lens to outlets offering eye care service.

Further key findings from the report suggest:

The growth of the contact lenses market can be accredited to the aging population and increasing incidences of ophthalmic disorders spurred by changes in lifestyle have driven market penetration.

Increasing acceptance of corrective refractive surgeries such as PRK and LASIK may hinder market growth to a certain extent.

Spherical lens and toric lens are the two major categories of contact lens that govern the market from an economic aspect.

Multifocal lenses to witness increased demand that can be attributed to their ability of incorporating multiple prescriptions in one lens. They are primarily useful for age-related ophthalmic disorders such as presbyopia.

In North America, the U.S. and Canada markets have occupied a marginal proportion of the overall market share in 2015 on account of high awareness regarding eye examinations and increasing popularity of daily disposable lenses in the region.

The key industry participants include Johnson & Johnson Services, Inc., CIBA Vision (Alcon), CooperVision, Inc., and Bausch & Lomb Incorporated. Portfolio enrichment and product improvement are among the major growth strategies followed by these companies.
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Alcon Laboratories, Inc.
  • Contamac US, Inc.
  • CooperVision, Inc.
  • Eagle Optics Pvt. Limited
  • Hoya Corporation
  • STAAR Surgical Comapany
  • MORE
1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources

2 Executive Summary

3 Market Snapshot
3.1 Contact Lenses - Industry snapshot & key buying criteria, 2014 - 2024

4 Contact Lenses Industry Outlook
4.1 Market Segmentation & Scope
4.2 Contact Lenses Market Size and Growth Prospects
4.3 Contact Lenses - Value Chain Analysis
4.4 Market Dynamics
4.4.1 Market driver analysis
4.4.1.1 Increasing number of ophthalmic disorders
4.4.1.2 Growing plano sunglasses market
4.4.1.3 Increasing demand in outdoor activities
4.4.2 Market restraint analysis
4.4.2.1 Growing acceptance of refractive surgeries
4.4.2.2 Contact lens-associated problems
4.5 Penetration & Growth Prospect Mapping
4.6 Industry Analysis - Porter’s
4.7 Contact Lenses Market- Key Company Analysis, 2015
4.7.1 Key company analysis, 2015
4.8 Contact Lenses - PESTEL Analysis

5 Contact Lenses: Product Type Estimates and Trend Analysis
5.1 Contact Lenses Market: Product-Type Movement Analysis
5.1.1 RPG Lens
5.1.1.1 Market estimates and forecasts, 2014 - 2024
5.1.2 Soft Lens
5.1.2.1 Market estimates and forecasts, 2014 - 2024
5.1.3 Hybrid Lens
5.1.3.1 Market estimates and forecasts, 2014 - 2024

6 Contact Lenses: Design Type Estimates and Trend Analysis
6.1 Contact Lenses Market: Design-Type Movement Analysis
6.1.1 Spherical Lens
6.1.1.1 Market estimates and forecasts, 2014 - 2024
6.1.2 Toric Lens
6.1.2.1 Market estimates and forecasts, 2014 - 2024
6.1.3 Multifocal Lens
6.1.3.1 Market estimates and forecasts, 2014 - 2024
6.1.4 Other Lens
6.1.4.1 Market estimates and forecasts, 2014 - 2024

7 Contact Lenses: Usage Type Estimates and Trend Analysis
7.1 Contact Lenses Market: Usage-Type Movement Analysis
7.1.1 Corrective Lens
7.1.1.1 Market estimates and forecasts, 2014 - 2024
7.1.2 Therapeutic Lens
7.1.2.1 Market estimates and forecasts, 2014 - 2024
7.1.3 Cosmetic Lens
7.1.3.1 Market estimates and forecasts, 2014 - 2024
7.1.4 Prosthetic Lens
7.1.4.1 Market estimates and forecasts, 2014 - 2024
7.1.5 Lifestyle-oriented Lens
7.1.5.1 Market estimates and forecasts, 2014 - 2024

8 Contact Lenses: Regional Estimates & Trend Analysis
8.1 North America
8.1.1 Market estimates and forecasts, 2014 - 2024
8.1.2 U.S.
8.1.2.1 Market estimates and forecasts, 2014 - 2024
8.1.3 Canada
8.1.3.1 Market estimates and forecasts, 2014 - 2024
8.1.4 Mexico
8.1.4.1 Market estimates and forecasts, 2014 - 2024
8.2 Europe
8.2.1 Market estimates and forecasts, 2014 - 2024
8.2.2 UK
8.2.2.1 Market estimates and forecasts, 2014 - 2024
8.2.3 Germany
8.2.3.1 Market estimates and forecasts, 2014 - 2024
8.3 Asia Pacific
8.3.1 Market estimates and forecasts, 2014 - 2024
8.3.2 China
8.3.2.1 Market estimates and forecasts, 2014 - 2024
8.3.3 Japan
8.3.3.1 Market estimates and forecasts, 2014 - 2024
8.4 Rest of World (ROW)
8.4.1 Market estimates and forecasts, 2014 - 2024

9 Competitive Landscape
9.1 Abbott Medical Optics, Inc. (A subsidiary of Abbott Laboratories Inc.)
9.1.1 Company overview
9.1.2 Financial performance of Abbott Laboratories Inc
9.1.3 Product benchmarking
9.1.4 Strategic initiatives
9.2 Alcon Laboratories, Inc., (A subsidiary of Novartis International AG)
9.2.1 Company overview
9.2.2 Financial performanceof Novartis International AG
9.2.3 Product benchmarking
9.2.4 Strategic initiatives
9.3 Johnson & Johnson Vision Care, Inc.
9.3.1 Company overview
9.3.2 Financial performance
9.3.3 Product benchmarking
9.3.4 Strategic initiatives
9.4 Bausch + Lomb, Incorporated. (A subsidiary of Valeant International, Inc).
9.4.1 Company overview
9.4.2 Financial performance of Valeant International, Inc.
9.4.3 Product benchmarking
9.4.4 Strategic initiatives
9.5 Carl Zeiss AG a subsidiary of Stiftung (Carl Zeiss Foundation)
9.5.1 Company overview
9.5.2 Financial performance
9.5.3 Product benchmarking
9.5.4 Strategic initiatives
9.6 Contamac US, Inc.
9.6.1 Company overview
9.6.2 Product benchmarking
9.7 CooperVision, Inc., a subsidiary of Cooper Companies, Inc.
9.7.1 Company overview
9.7.2 Financial performance of Cooper Companies, Inc.
9.7.3 Product benchmarking
9.7.4 Strategic initiatives
9.8 Eagle Optics Pvt. Limited
9.8.1 Company overview
9.8.2 Product benchmarking
9.9 Essilor International S.A.
9.9.1 Company overview
9.9.2 Financial performance
9.9.3 Product benchmarking
9.9.4 Strategic initiatives
9.10 Hoya Corporation
9.10.1 Company overview
9.10.2 Financial performance
9.10.3 Product benchmarking
9.10.4 Strategic initiatives
9.11 STAAR Surgical Comapany
9.11.1 Company overview
9.11.2 Financial performance
9.11.3 Product benchmarking
9.11.4 Strategic initiatives

List of Tables

Table 1 Contact lenses - Industry snapshot & key buying criteria, 2014 - 2024
Table 2 Global contact lenses market, 2014 - 2024 (Revenue)
Table 3 Global contact lenses market estimates and forecasts by region, 2014 - 2024 (Million Units)
Table 4 Global contact lenses market estimates and forecasts by region, 2014 - 2024 (USD Million)
Table 5 Global contact lenses market estimates and forecasts by product type, 2014 - 2024 (USD Million)
Table 6 Global contact lenses market estimates and forecasts by design type, 2014 - 2024 (USD Million)
Table 7 Global contact lenses market estimates and forecasts by usage type, 2014 - 2024 (USD Million)
Table 8 Contact lenses - Key market driver impact
Table 9 Contact lenses - Key market restraint impact
Table 10 Key contact lenses vendors
Table 11 Global RPG lens demand, 2014 - 2024 (Revenue)
Table 12 Global RPG lens market by region, 2014 - 2024 (USD Million)
Table 13 Global soft lens demand, 2014 - 2024 (Revenue)
Table 14 Global soft lens market by region, 2014 - 2024 (USD Million)
Table 15 Global hybrid lens demand, 2014 - 2024 (Revenue)
Table 16 Global hybrid lens by region, 2014 - 2024 (USD Million)
Table 17 Global spherical lens demand, 2014 - 2024 (Revenue)
Table 18 Global spherical lens market by region, 2014 - 2024 (USD Million)
Table 19 Global toric lens demand, 2014 - 2024 (Revenue)
Table 20 Global toric lens market by region, 2014 - 2024 (USD Million)
Table 21 Global multifocal lens demand, 2014 - 2024 (Revenue)
Table 22 Global multifocal lens market by region, 2014 - 2024 (USD Million)
Table 23 Global other lens demand, 2014 - 2024 (Revenue)
Table 24 Global other lens market by region, 2014 - 2024 (USD Million)
Table 25 Global corrective lens demand, 2014 - 2024 (Revenue)
Table 26 Global corrective lens market by region, 2014 - 2024 (USD Million)
Table 27 Global therapeutic lens demand, 2014 - 2024 (Revenue)
Table 28 Global therapeutic lens market by region, 2014 - 2024 (USD Million)
Table 29 Global prosthetic lens demand, 2014 - 2024 (Revenue)
Table 30 Global prosthetic lens market by region, 2014 - 2024 (USD Million)
Table 31 Global lifestyle-oriented lens demand, 2014 - 2024 (Revenue)
Table 32 Global lifestyle-oriented lens market by region, 2014 - 2024 (USD Million)
Table 33 North America market by product type, 2014 - 2024 (USD Million)
Table 34 North America market by design type, 2014 - 2024 (USD Million)
Table 35 North America market by usage type, 2014 - 2024 (USD Million)
Table 36 U.S. market by product type, 2014 - 2024 (USD Million)
Table 37 U.S. market by design type, 2014 - 2024 (USD Million)
Table 38 U.S. market by usage type, 2014 - 2024 (USD Million)
Table 39 Canada market by product type, 2014 - 2024 (USD Million)
Table 40 Canada market by design type, 2014 - 2024 (USD Million)
Table 41 Canada market by usage type, 2014 - 2024 (USD Million)
Table 42 Mexico market by product type, 2014 - 2024 (USD Million)
Table 43 Mexico market by design type, 2014 - 2024 (USD Million)
Table 44 Mexico market by usage type, 2014 - 2024 (USD Million)
Table 45 Europe market by product type, 2014 - 2024 (USD Million)
Table 46 Europe market by design type, 2014 - 2024 (USD Million)
Table 47 Europe market by usage type, 2014 - 2024 (USD Million)
Table 48 Germany market by product type, 2014 - 2024 (USD Million)
Table 49 Germany market by design type, 2014 - 2024 (USD Million)
Table 50 Germany market by usage type, 2014 - 2024 (USD Million)
Table 51 UK market by product type, 2014 - 2024 (USD Million)
Table 52 UK market by design type, 2014 - 2024 (USD Million)
Table 53 UK market by usage type, 2014 - 2024 (USD Million)
Table 54 Asia Pacific market by product type, 2014 - 2024 (USD Million)
Table 55 Asia Pacific market by design type, 2014 - 2024 (USD Million)
Table 56 Asia Pacific market by usage type, 2014 - 2024 (USD Million)
Table 57 China market by product type, 2014 - 2024 (USD Million)
Table 58 China market by design type, 2014 - 2024 (USD Million)
Table 59 China market by usage type, 2014 - 2024 (USD Million)
Table 60 Japan market by product type, 2014 - 2024 (USD Million)
Table 61 Japan market by design type, 2014 - 2024 (USD Million)
Table 62 Japan market by usage type, 2014 - 2024 (USD Million)
Table 63 RoW market by product type, 2014 - 2024 (USD Million)
Table 64 RoW market by design type, 2014 - 2024 (USD Million)
Table 65 RoW market by usage type, 2014 - 2024 (USD Million)

List of Figures

Figure 1 Contact lenses market segmentation
Figure 2 Global contact lenses market, (Volume & Revenue), 2014 - 2024
Figure 3 Contact lenses value chain analysis
Figure 4 Contact lenses system market dynamics
Figure 5 Key opportunities prioritized
Figure 6 Contact lenses - Porter’s analysis
Figure 7 Contact lenses - PESTEL analysis
Figure 8 Contact lenses market share by laser type, 2014 & 2024
Figure 9 Contact lenses market share by application, 2014 & 2024
Figure 10 Contact lenses market share by region, 2014 & 2024
Note: Product cover images may vary from those shown
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  • Abbott Medical Optics, Inc
  • Alcon Laboratories, Inc.
  • Johnson & Johnson Vision Care, Inc.
  • Bausch + Lomb, Incorporated
  • Carl Zeiss AG a subsidiary of Stiftung
  • Contamac US, Inc.
  • CooperVision, Inc.
  • Eagle Optics Pvt. Limited
  • Essilor International S.A.
  • Hoya Corporation
  • STAAR Surgical Comapany
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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