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Contact Lenses Market Size, Share and Trends Analysis Report by Material (Gas Permeable, Silicon Hydrogel), by Design, by Application, by Distribution Channel, by Usage, by Region, and Segment Forecasts, 2020 - 2027

  • ID: 4761228
  • Report
  • February 2020
  • Region: Global
  • 100 pages
  • Grand View Research
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FEATURED COMPANIES

  • Alcon Vision LLC
  • Contamac
  • Hoya Corporation
  • Medennium
  • Seed Co., Ltd.
  • STAAR Surgical Company
  • MORE
The global contact lenses market size is expected to reach USD 19.26 billion by 2027. The market is anticipated to exhibit a CAGR of 5.0% from 2020 to 2027.

The use of innovative materials for manufacturing contact lenses and increasing adoption of contact lenses are prominent factors boosting the growth of the market. The rising consumer consciousness regarding physical appearance and vision correction advantages of the product are projected to drive the market growth. Rising demand from aging population is also expected to drive the product demand. Factors such as rising disposable income and improvement in the overall global economy are anticipated to further propel the growth.

Contact lens manufacturers are the source for wholesale distributors as well as retail distributors. Manufacturers distribute their contact lenses through a variety of channels. Significant growth of the market can be attributed to factors such as increasing number of active lens wearers and technological advancements including the development of silicon hydrogel material for the soft lenses for convenient usage are expected to bode well for the growth of the contact lenses market in the forthcoming years.

In the material segment, the hybrid contact lens is expected to portray the highest CAGR over the forecast period. by application, the adoption of corrective contact lenses is anticipated to rise, owing to increasing use of for correction of refractive errors. They are used for correcting hypermetropia/hyperopia, presbyopia, astigmatism, and myopia. Based on usage, the daily disposables contact lenses accounted for the largest market share in 2019.

Further key findings from the report suggest:
  • Soft lenses segment is expected to generate the highest revenue over the forecast period. The product has the highest acceptance rate, owing to its flexibility and oxygen permeability along with ability to provide user comfort
  • The multifocal design segment is expected to portray a high CAGR of 7.1% over the projected period
  • South America is expected to register significant growth over the forecast period, owing to the large-scale penetration of contact lenses
  • The key players in the content lenses market areAbbott Medical Optics, Inc., Alcon Vision LLC, Bausch & Lomb, Incorporated, ZEISS International, Contamac, CooperVision, Inc., Essilor International S.A., Hoya Corporation, Johnson & Johnson Vision Care, Inc., Medennium, Seed Co., Ltd., STAAR Surgical Company, SynergEyes, Inc., and X-Cel Specialty Contacts

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

  • Alcon Vision LLC
  • Contamac
  • Hoya Corporation
  • Medennium
  • Seed Co., Ltd.
  • STAAR Surgical Company
  • MORE
Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
1.4 Information Analysis
1.5 Market formulation & data visualization
1.5.1 Secondary sources & third-party perspectives
1.5.2 Primary research
1.6 Research Scope & Assumptions

Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segmental Outlook
2.2.1 Material outlook
2.2.2 Design outlook
2.2.3 Application outlook
2.2.4 Distribution Channel outlook
2.2.5 Usage outlook

Chapter 3 Contact Lenses Market Variables, Trends & Scope
3.1 Penetration & Growth Prospect Mapping
3.1.1 Market Growth Prospects
3.1.2 Market Penetration Mapping
3.2 Industry Value Chain Analysis
3.2.1 Raw Material Trends
3.2.1.1 Major Raw Materials Market Analysis
3.2.2 Manufacturing Trends
3.2.2.1 Technology Trends
3.2.3 Sales Channel Analysis
3.3 Technology Overview
3.3.1 Technology Timeline
3.4 Regulatory Framework
3.5 Market Dynamics
3.5.1 Market driver analysis
3.5.1.1 Increasing number of ophthalmic disorders
3.5.1.2 Growing plano sunglasses market
3.5.1.3 Increasing demand in outdoor activities
3.5.2 Market restraint analysis
3.5.2.1 Growing acceptance of refractive surgeries
3.5.2.2 Contact lens-associated problems
3.6 Contact Lenses Market Analysis Tools
3.6.1 Industry Analysis - Porter’s
3.6.1.1 Supplier Power
3.6.1.2 Buyer Power
3.6.1.3 Substitution Threat
3.6.1.4 Threat from new entrant
3.6.1.5 Competitive rivalry
3.6.2 PEST Analysis
3.6.2.1 Political Landscape
3.6.2.2 Economic Landscape
3.6.2.3 Social Landscape
3.6.2.4 Technology Landscape
3.6.3 Major Deals & Strategic Alliances Analysis
3.6.3.1 Mergers & Acquisitions
3.6.3.2 Licensing & Partnership
3.6.3.3 Technology Collaborations
3.7 Contact Lenses Market- Key Company Analysis, 2019
3.7.1 Key company analysis, 2019
3.7.2 List of key market players
3.8 Silicone Hydrogel/Soft Lens - Adoption Trends
3.9 Drug Eluting Contact lenses
3.10 Contact Lenses - Consumer Brand Preference & Distribution Channel Analysis

Chapter 4 Contact Lens Material Market
4.1 Material Outlook
4.1.1 Silicone Hydrogel
4.1.2 Fluorosilicone Acrylate
4.1.3 Hydrogel
4.1.4 PMMA
4.2 Market Outlook
4.2.1 Market Dynamics
4.2.2 Supply Chain Analysis
4.2.3 Regional Analysis
4.3 Vendors Outlook
4.3.1 List of prominent material suppliers
4.3.2 Major Deals & Strategic Alliances Analysis, 2019

Chapter 5 Contact lenses: Material Estimates and Trend Analysis
5.1 Contact Lenses Market: Material Movement Analysis
5.1.1 Gas Permeable
5.1.1.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)
5.1.2 Silicone Hydrogel
5.1.2.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)
5.1.3 Hybrid
5.1.3.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)

Chapter 6 Contact lenses: Design Estimates and Trend Analysis
6.1 Contact Lenses Market: Design Movement Analysis
6.1.1 Spherical Lens
6.1.1.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)
6.1.2 Toric Lens
6.1.2.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)
6.1.3 Multifocal Lens
6.1.3.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)
6.1.4 Others Lens
6.1.4.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)

Chapter 7 Contact lenses: Application Estimates and Trend Analysis
7.1 Contact Lenses Market: Application Movement Analysis
7.1.1 Corrective
7.1.1.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)
7.1.2 Therapeutic
7.1.2.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)
7.1.3 Cosmetic
7.1.3.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)
7.1.4 Prosthetic
7.1.4.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)
7.1.5 Lifestyle-oriented
7.1.5.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)

Chapter 8 Contact lenses: Distribution Channel Estimates and Trend Analysis
8.1 Contact Lenses Market: Distribution Channel Movement Analysis
8.1.1 E-commerce
8.1.1.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)
8.1.2 Eye Care Professionals
8.1.2.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)
8.1.3 Retail
8.1.3.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)

Chapter 9 Contact lenses: Usage Estimates and Trend Analysis
9.1 Contact Lenses Market: Usage Movement Analysis
9.1.1 Daily Disposable
9.1.1.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)
9.1.2 Disposable
9.1.2.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)
9.1.3 Frequently Disposable
9.1.3.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)
9.1.4 Traditional (Reusable) lenses
9.1.4.1 Global Market Estimates and Forecasts, from 2016 to 2027 (USD Million)

Chapter 10 Contact lenses: Regional Estimates & Trend Analysis
10.1 Contact lenses market share by region, 2019 & 2027
10.2 North America
10.2.1 North America marketplace: Key takeaways
10.2.2 North America contact lenses market, 2016 - 2027
10.2.2.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.2.2.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.2.2.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.2.2.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.2.2.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.2.3 U.S.
10.2.3.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.2.3.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.2.3.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.2.3.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.2.3.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.2.4 Canada
10.2.4.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.2.4.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.2.4.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.2.4.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.2.4.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.2.5 Mexico
10.2.5.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.2.5.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.2.5.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.2.5.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.2.5.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.3 Europe
10.3.1 Europe contact lenses marketplace: Key takeaways
10.3.2 Europe contact lenses market, 2016 - 2027
10.3.3 U.K.
10.3.3.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.3.3.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.3.3.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.3.3.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.3.3.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.3.4 Germany
10.3.4.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.3.4.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.3.4.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.3.4.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.3.4.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.3.5 France
10.3.5.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.3.5.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.3.5.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.3.5.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.3.5.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.3.6 Spain
10.3.6.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.3.6.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.3.6.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.3.6.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.3.6.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.3.7 Italy
10.3.7.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.3.7.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.3.7.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.3.7.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.3.7.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.4 Asia Pacific
10.4.1 Asia Pacific contact lenses marketplace: Key takeaways
10.4.2 Asia Pacific contact lenses market, 2016 - 2027
10.4.2.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.4.2.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.4.2.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.4.2.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.4.2.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.4.3 China
10.4.3.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.4.3.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.4.3.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.4.3.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.4.3.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.4.4 Japan
10.4.4.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.4.4.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.4.4.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.4.4.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.4.4.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.4.5 India
10.4.5.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.4.5.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.4.5.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.4.5.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.4.5.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.4.6 Australia
10.4.6.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.4.6.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.4.6.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.4.6.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.4.6.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.4.7 Singapore
10.4.7.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.4.7.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.4.7.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.4.7.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.4.7.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.4.8 South Korea
10.4.8.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.4.8.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.4.8.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.4.8.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.4.8.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.5 South America
10.5.1 South America contact lenses marketplace: Key takeaways
10.5.2 South America contact lenses market, 2016 - 2027
10.5.3 Brazil
10.5.3.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.5.3.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.5.3.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.5.3.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.5.3.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.5.4 Argentina
10.5.4.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.5.4.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.5.4.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.5.4.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.5.4.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.6 MEA
10.6.1 MEA contact lenses marketplace: Key takeaways
10.6.2 MEA contact lenses market, 2016 - 2027
10.6.2.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.6.2.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.6.2.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.6.2.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.6.2.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.6.3 UAE
10.6.3.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.6.3.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.6.3.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.6.3.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.6.3.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)
10.6.4 Saudi Arabia
10.6.4.1 Market Estimates and Forecasts, by material from 2016 to 2027 (USD Million)
10.6.4.2 Market Estimates and Forecasts, by design from 2016 to 2027 (USD Million)
10.6.4.3 Market Estimates and Forecasts, by application from 2016 to 2027 (USD Million)
10.6.4.4 Market Estimates and Forecasts, by distribution channel from 2016 to 2027 (USD Million)
10.6.4.5 Market Estimates and Forecasts, by usage from 2016 to 2027 (USD Million)

Chapter 11 Competitive Landscape
11.1 Abbott Medical Optics, Inc. (a subsidiary of Johnson & Johnson.)
11.1.1 Company overview
11.2 Alcon Vision LLC
11.2.1 Company overview
11.2.2 Financial performance
11.2.3 Product benchmarking
11.2.4 Recent developments
11.3 Bausch & Lomb, Incorporated (a subsidiary of Valeant International, Inc.)
11.3.1 Company overview
11.3.2 Financial performance
11.3.3 Product benchmarking
11.3.4 Recent developments
11.4 ZEISS International (a subsidiary of Stiftung)
11.4.1 Company overview
11.4.2 Financial performance
11.4.3 Product benchmarking
11.4.4 Recent developments
11.5 Contamac
11.5.1 Company overview
11.5.2 Product benchmarking
11.5.3 Recent developments
11.6 CooperVision, Inc. (a subsidiary of Cooper Companies, Inc.)
11.6.1 Company overview
11.6.2 Financial performance
11.6.3 Product benchmarking
11.6.4 Recent developments
11.7 Essilor International S.A.
11.7.1 Company overview
11.7.2 Financial performance
11.7.3 Product benchmarking
11.7.4 Recent developments
11.8 Hoya Corporation
11.8.1 Company overview
11.8.2 Financial performance
11.8.3 Product benchmarking
11.8.4 Recent developments
11.9 Johnson & Johnson Vision Care, Inc. (a subsidiary of Johnson & Johnson)
11.9.1 Company overview
11.9.2 Financial performance
11.9.3 Product benchmarking
11.9.4 Recent developments
11.10 Medennium
11.10.1 Company overview
11.10.2 Product benchmarking
11.11 Seed Co., Ltd.
11.11.1 Company overview
11.11.2 Financial performance
11.11.3 Product benchmarking
11.11.4 Recent developments
11.12 STAAR Surgical Company
11.12.1 Company overview
11.12.2 Financial performance
11.12.3 Product benchmarking
11.12.4 Recent developments
11.13 SynergEyes, Inc.
11.13.1 Company overview
11.13.2 Product benchmarking
11.13.3 Recent developments
11.14 X-Cel Specialty Contacts (a subsidiary of Walman Company)
11.14.1 Company overview
11.14.2 Product benchmarking
11.14.3 Recent developments


*Full List of Tables and Figures Available on Enquiry.
Note: Product cover images may vary from those shown
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  • Abbott Medical Optics, Inc. (a subsidiary of Johnson & Johnson.)
  • Alcon Vision LLC
  • Bausch & Lomb, Incorporated (a subsidiary of Valeant International, Inc.)
  • ZEISS International (a subsidiary of Stiftung)
  • Contamac
  • CooperVision, Inc. (a subsidiary of Cooper Companies, Inc.)
  • Essilor International S.A.
  • Hoya Corporation
  • Johnson & Johnson Vision Care, Inc. (a subsidiary of Johnson & Johnson)
  • Medennium
  • Seed Co., Ltd.
  • STAAR Surgical Company
  • SynergEyes, Inc.
  • X-Cel Specialty Contacts (a subsidiary of Walman Company)
Note: Product cover images may vary from those shown
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