Contact Lenses Market Size to Hit US$ 13.7 Billion at 5.2% CAGR by 2032 | IMARC Group

IMARC Group, a leading market research company, has released a report titled "𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐋𝐞𝐧𝐬𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐛𝐲 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥 (𝐆𝐚𝐬 𝐏𝐞𝐫𝐦𝐞𝐚𝐛𝐥𝐞, 𝐒𝐢𝐥𝐢𝐜𝐨𝐧𝐞 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐥, 𝐇𝐲𝐛𝐫𝐢𝐝, 𝐚𝐧𝐝 𝐎𝐭𝐡𝐞𝐫𝐬), 𝐃𝐞𝐬𝐢𝐠𝐧 (𝐒𝐩𝐡𝐞𝐫𝐢𝐜𝐚𝐥, 𝐓𝐨𝐫𝐢𝐜, 𝐌𝐮𝐥𝐭𝐢𝐟𝐨𝐜𝐚𝐥, 𝐚𝐧𝐝 𝐎𝐭𝐡𝐞𝐫𝐬), 𝐔𝐬𝐚𝐠𝐞 (𝐃𝐚𝐢𝐥𝐲 𝐃𝐢𝐬𝐩𝐨𝐬𝐚𝐛𝐥𝐞, 𝐃𝐢𝐬𝐩𝐨𝐬𝐚𝐛𝐥𝐞, 𝐅𝐫𝐞𝐪𝐮𝐞𝐧𝐭𝐥𝐲 𝐑𝐞𝐩𝐥𝐚𝐜𝐞𝐦𝐞𝐧𝐭, 𝐓𝐫𝐚𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥), 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 (𝐂𝐨𝐫𝐫𝐞𝐜𝐭𝐢𝐯𝐞, 𝐓𝐡𝐞𝐫𝐚𝐩𝐞𝐮𝐭𝐢𝐜, 𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜, 𝐏𝐫𝐨𝐬𝐭𝐡𝐞𝐭𝐢𝐜, 𝐋𝐢𝐟𝐞𝐬𝐭𝐲𝐥𝐞-𝐎𝐫𝐢𝐞𝐧𝐭𝐞𝐝), 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥 (𝐄-𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐞, 𝐄𝐲𝐞 𝐂𝐚𝐫𝐞 𝐏𝐫𝐚𝐜𝐭𝐢𝐭𝐢𝐨𝐧𝐞𝐫𝐬, 𝐑𝐞𝐭𝐚𝐢𝐥 𝐒𝐭𝐨𝐫𝐞𝐬), 𝐚𝐧𝐝 𝐑𝐞𝐠𝐢𝐨𝐧 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐". The global contact lenses market size reached US$ 8.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 13.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2024-2032.

Contact lenses are thin, curved, and typically transparent disks placed directly on the eye's surface to correct vision problems or enhance the eye's appearance. It is primarily produced from soft, flexible materials or rigid gas-permeable materials, with the former being more common due to their comfort. It offers several advantages, including improved peripheral vision, no obstructions caused by frames, and suitability for various vision conditions such as myopia, hyperopia, astigmatism, and presbyopia. Additionally, it is available in several types, such as daily disposables, monthly disposables, and extended-wear lenses, catering to various preferences and needs of individuals. As a result, contact lenses are gaining immense popularity among individuals to maintain optimal eye comfort and safety.

𝐅𝐨𝐫 𝐚𝐧 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐫𝐞𝐟𝐞𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/contact-lenses-market/requestsample

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐋𝐞𝐧𝐬𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

The contact lenses market is primarily driven by the continuous advancements in materials and design. In addition, the development of lenses with improved breathability and moisture retention reduces discomfort and the risk of eye infections, offering a safer and more comfortable choice for users, thus influencing market growth. Moreover, the increasing number of working professionals and the growing use of digital screens in daily life resulted in an increase in eye strain and discomfort, thus representing another major growth-inducing factor. Along with this, contact lenses with blue light-filtering capabilities are emerging to address this issue, attracting users who spend extended hours in front of screens, thus propelling the market growth. Besides this, the growing awareness campaigns and easy accessibility to improved distribution channels made contact lenses more accessible to a broader audience while educating potential users about the benefits and proper use of contact lenses, thus accelerating the sales demand. Furthermore, the growing popularity of contact lenses among individuals looking to enhance their cosmetic appearance with colored contact lenses that allow users to change their eye color, providing a temporary and non-invasive way to achieve a different look, is propelling the market growth.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐋𝐞𝐧𝐬𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐚𝐧𝐝 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞𝐬𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:

Alton Vision LLC
Bausch & Lomb Incorporated
Carl Zeiss AG
Contamac Holdings Limited
EssilorLuxottica SA
Hoya Corporation
Johnson & Johnson Services, Inc.
Menicon Co. Limited
SEED Co. Limited
SynergEyes Inc.
Cooper Companies Inc.

𝐓𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐡𝐚𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐜𝐚𝐭𝐞𝐠𝐨𝐫𝐢𝐞𝐬:

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

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

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐭𝐚𝐛𝐥𝐞 𝐨𝐟 𝐜𝐨𝐧𝐭𝐞𝐧𝐭𝐬: https://www.imarcgroup.com/contact-lenses-market

𝐍𝐨𝐭𝐞: 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.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐒

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

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

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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.

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