Rising Eye Disorder Prevalence Fuels Growth in the Contact Lens Market: A Significant Driver Propelling The Contact Lenses Market In 2025

The Contact Lenses Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Contact Lenses Market Size and Projected Growth Rate?
The contact lenses market will grow from $9.15 billion in 2024 to $9.79 billion in 2025, expanding at a CAGR of 7.0%. Growth factors include the rising prevalence of vision disorders, awareness of eye health, increasing refractive surgeries, the rise of online retail channels, and the expansion of vision care clinics.

The contact lenses market is projected to grow to $12.64 billion by 2029, with a CAGR of 6.6%. This growth is driven by the rising prevalence of myopia, demand for daily disposable lenses, the aging population, and increasing cases of refractive errors. Key trends include technological advancements, disposable lenses, UV protection, smart lens technology, and the rise of telemedicine.

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What Are the Major Segments in the Contact Lenses Market?
The contact lenses market covered in this report is segmented -

1) By Type: Corrective Lens, Therapeutic Lenses, Cosmetic And Lifestyle Oriented Lens
2) By Wear Type: Daily Disposable Lenses, Disposable Lenses (Two Weeks or Sooner), Frequent Replacement Lenses (Monthly or Quarterly), Conventional Lenses
3) By Material: Silicone Hydrogel Soft Contact Lens, Methacrylate Hydrogel Soft Contact Lens, Gas-Permeable Contact Lens, Other Materials
4) By Design: Spherical Lens, Toric Lens, Multifocal Lens, Other Design
5) By Distribution Channel: Ophthalmologists, Retail Stores, Online Stores

Subsegments:
1) By Corrective Lenses: Spherical Lenses, Toric Lenses, Multifocal Lenses, Bifocal Lenses
2) By Therapeutic Lenses: Scleral Lenses, Bandage Lenses, Orthokeratology Lenses (Ortho-K)
3) By Cosmetic And Lifestyle-Oriented Lenses: Colored Lenses, Special Effect Lenses (Costume Or Novelty Lenses), Cosmetic Enhancers

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What Are The Driving Contact Lenses Market Evolution?
The rise in the prevalence of eye disorders is expected to promote the growth of the contact lens market. Eye disorders, driven by factors like increased screen time, aging populations, and environmental pollution, are leading to greater demand for contact lenses. These lenses provide corrective solutions and comfort for various eye conditions. For instance, the Office for Health Improvement and Disparities reported that the number of individuals with vision loss in the UK will rise to 2.7 million by 2030. This increase in eye disorders is driving the growth of the contact lens market.

Which Firms Dominate The Contact Lenses Market Segments?
Major companies operating in the contact lenses market are Abbott Medical Optics Inc., EssilorLuxottica SA, Alcon Inc., Bausch Health Companies Inc., HOYA Corporation, The Cooper Companies Inc., Johnson & Johnson Vision Care Inc., Menicon Co. Ltd., BenQ Materials Corporation, STAAR Surgical Company, Alpha Corporation, SynergEyes Inc., Contamac Ltd., Euclid Systems Corporation, Lenstec Inc., Paragon Vision Sciences, X-Cel Specialty Contacts, Medennium Inc., NEO Vision, Blanchard Contact Lens Inc., Weicon Contact Lens Co. Ltd., Lucid Korea Co. Ltd., Bescon Co. Ltd., Conforma Contact Lens Inc.

What Are the Major Trends Shaping the Contact Lenses Market?
In the contact lens market, companies are focusing on innovative products like multifocal lenses to meet various vision correction needs. For instance, in September 2022, Johnson & Johnson Vision Care launched ACUVUE OASYS MAX 1-DAY, a multifocal lens with advanced HydraMax technology for enhanced moisture retention, visual clarity, and reduced digital eye strain.

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Which Is The Largest Region In The Contact Lenses Market?
North America was the largest region in the contact lenses market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the contact lenses market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Contact Lenses Market?
2. What is the CAGR expected in the Contact Lenses Market?
3. What Are the Key Innovations Transforming the Contact Lenses Industry?
4. Which Region Is Leading the Contact Lenses Market?

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