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Disposable Contact Lenses Market Segmentation by Material, Usage, Application, and Distribution Highlights Diverse Industry Dynamics
Disposable Contact Lenses Market
According to the latest research by InsightAce Analytic, the Global Disposable Contact Lenses Market is Valued at USD 7.00 Bn in 2024 and it is expected to reach USD 11.03 Bn by the year 2034, with a CAGR of 4.8% during the forecast period of 2025-2034.
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Disposable contact lenses offer advantages in reducing complications commonly associated with extended use of traditional lenses. They are generally considered more comfortable and safer, making them an optimal choice for individuals experiencing dry eyes or allergies.
The market growth for disposable contact lenses is being propelled by increasing incidence of ocular disorders, rapid technological advancements in lens design, rising consumer preference for disposable options, widespread adoption of silicone hydrogel lenses, and continuous product innovation and launches. Additionally, growing investments and the expanding trend of colored disposable lenses are contributing to market expansion. According to a study by CooperVision, 75% of regular digital device users report symptoms of eye fatigue and dryness, with over 90% using such devices for more than two hours daily, and approximately 60% exceeding five hours. This digital lifestyle trend presents substantial growth opportunities for the disposable contact lenses market in the forthcoming years.
However, potential side effects related to disposable lens usage, such as dryness and ocular redness, may pose challenges to market growth. The COVID-19 pandemic also adversely affected the market in 2020 due to lockdowns and reduced frequency of eye care consultations.
Regionally, North America is projected to maintain a dominant position in the disposable contact lenses market from 2022 to 2031, supported by a high prevalence of eye disorders and an active pipeline of product launches. Europe follows closely, while the Asia-Pacific region is expected to register the highest growth rate, driven by an increasing number of lens manufacturers and rising demand for disposable contact lenses.
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Key players operating in the global disposable contact lenses market include Johnson & Johnson, Bausch+Lomb, Alcon, CooperVision, Hoya Corporation, Novartis International AG, SynergEyes, and Zeiss Group, among others.
Few Key Developments In The Market:
• In March 2022, CooperVision expanded the industry's first U.S. plastic-neutral initiative to include all silicone hydrogel 1-day contact lenses. The MyDay daily disposable family joined the clariti® 1-day family, the first net plastic neutral contact lens.
• In March 2022, Johnson & Johnson Vision Care received FDA approval for its Acuvue Theravision with daily disposable contact lenses. These lenses help prevent ocular itch due to allergic conjunctivitis and provide vision correction.
• In January 2022, Alcon launched Dailies Total1 for Astigmatism, the company's third disposable water gradient contact lens for U.S. patients.
• In August 2020, Bausch + Lomb launched the Bausch + Lomb INFUSE silicone hydrogel (SiHy) daily disposable contact lens, the only SiHy daily disposable with a next-generation material infused with ProBalance Technology to support ocular surface homeostasis and help decrease symptoms of contact lens dryness.
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Market Segments
Global Disposable Contact Lenses Market, by Material, (Value US$ Mn)
• Silicone Hydrogel
• Hydrogel
Global Disposable Contact Lenses Market, by Usage, (Value US$ Mn)
• Daily Disposable
• Frequent/Planned/Extended Wear
Global Disposable Contact Lenses Market, by Application, (Value US$ Mn)
• Corrective Lenses
• Therapeutic Lenses
• Cosmetic Lenses
Global Disposable Contact Lenses Market, by Distribution, (Value US$ Mn)
• Retail Optical Store
• Hospitals & Ophthalmology Clinics
• Online Store
Global Disposable Contact Lenses Market, by Design, (Value US$ Mn)
• Spherical
• Toric
• Multifocal
Global Disposable Contact Lenses Market, by Region, (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Disposable Contact Lenses Market, by Country, (Value US$ Mn)
• U.S.
• Canada
Europe Disposable Contact Lenses Market, by Country, (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Disposable Contact Lenses Market, by Country, (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Disposable Contact Lenses Market, by Country, (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Disposable Contact Lenses Market, by Country, (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Read Overview Report- https://www.insightaceanalytic.com/report/disposable-contact-lenses-market/2272
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 607 400-7072
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info@insightaceanalytic.com
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