Contact Lenses Market Analysis and Forecast to 2031: By Product Type (Soft Lenses, Daily Wear, Extended Wear, and Gas Permeable), Design Type (Spherical, Toric, Multifocal, and Others), Wear Type (Disposable and Reusable), and Region

A contact lens is a thin, curved lens that is placed directly on the surface of the eye. Contact lenses are used to correct vision, for cosmetic purposes, or for therapeutic purposes. There are two main types of contact lenses: soft lenses and rigid gas-permeable lenses. Soft lenses are made of a flexible material that allows oxygen to pass through to the cornea, and they are the most common type of lens. Rigid gas-permeable lenses are made of a harder material that does not allow oxygen to pass through, but they allow more oxygen to reach the cornea than soft lenses.

Key Trends

The key trends in contact lens technology are miniaturization, improved oxygen permeability, and enhanced biocompatibility.

Miniaturization: As technology advances, so does the ability to miniaturize products. This is also true for contact lenses, which are now smaller and thinner than ever before. This is especially beneficial for those with smaller eyes, as it provides a more comfortable fit.

Improved oxygen permeability: One of the most important functions of contact lenses is to allow oxygen to reach the eye. This is essential for maintaining healthy corneas. In the past, contact lenses were not very good at this, but new materials and manufacturing techniques have greatly improved oxygen permeability. This is important for both daily and extended wear lenses.

Enhanced biocompatibility: Another key trend is enhanced biocompatibility. This means that contact lenses are less likely to cause irritation or other problems. This is due to improved materials and coatings that help to reduce irritation.

Key Drivers

The key drivers of the contact lenses market include the increasing adoption of contact lenses among the population, the growing preference for contact lenses over spectacles, and the availability of a wide range of contact lenses.

The increasing adoption of contact lenses is attributed to the growing awareness about the benefits of contact lenses and the availability of a wide range of contact lenses.

The growing preference for contact lenses over spectacles is attributed to the fact that contact lenses provide a natural appearance and are more comfortable to wear.

The availability of a wide range of contact lenses is attributed to the increasing number of manufacturers and the availability of advanced manufacturing technologies.

Restraints & Challenges

One of the key restraints in the contact lenses market is the lack of awareness about the benefits of wearing contact lenses. People are often unaware of the fact that contact lenses can help improve their vision and also help protect their eyes from the harmful effects of the sun. Another key restraint in the contact lenses market is the high cost of contact lenses.

One of the key challenges in the contact lenses market is the need for regular replacement of contact lenses. Contact lenses need to be replaced every few months, and this can be a challenge for people who cannot afford to replace them regularly. Another challenge in the contact lenses market is the lack of standardization.

Market Segments

The Contact Lenses Market is segmented by product type, design type, wear type and region. By product type, the market is divided into soft lenses and gas permeable. Based on design type, it is bifurcated into spherical, toric, multifocal, and others. On the basis of wear type, it is classified into disposable and reusable. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Contact Lenses Market includes players such as CooperVision, Inc., Johnson & Johnson Vision Care, Inc., Hoya Vision Care Company, Alcon (Division of Novartis AG), Bausch & Lomb Incorporated, BenQ Materials Corporation, ZEISS International, SEED Co. Ltd., Essilor International S.A., and Menicon Co. Ltd.

Why GIS?

Table of Contents

Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Contact Lenses Market Outlook
3.1. Contact Lenses Market segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Contact Lenses Market

Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Contact Lenses Market
4.3. Economic Impact Analysis

Chapter 5. Contact Lenses Market by Product Type
5.1. Market Overview
5.2. Soft Lenses
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Daily Wear
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.4. Extended Wear
5.4.1. Market Size and Forecast, 2021-2031 ($Million)
5.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.5. Gas Permeable
5.5.1. Market Size and Forecast, 2021-2031 ($Million)
5.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 6. Contact Lenses Market by Design Type
6.1. Market Overview
6.2. Spherical Contact Lenses
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Toric Contact Lenses
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. Multifocal Contact Lenses
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.5. Others
6.5.1. Market Size and Forecast, 2021-2031 ($Million)
6.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 7. Contact Lenses Market by Wear Type
7.1. Market Overview
7.2. Disposable Contact Lenses
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. Reusable Contact Lenses
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 8. Contact Lenses Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.2.3. North America Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.2.4. North America Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.2.5. North America Contact Lenses Market Size and Forecast by Country, 2021-2031, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.2.6.2. The U.S. Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.2.6.3. The U.S. Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.2.7. Canada
8.2.7.1. Canada Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.2.7.2. Canada Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.2.7.3. Canada Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.2.8. Mexico
8.2.8.1. Mexico Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.2.8.2. Mexico Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.2.8.3. Mexico Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.3.3. Europe Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.3.4. Europe Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.3.5. Europe Contact Lenses Market Size and Forecast by Country, 2021-2031, ($Million)
8.3.6. Germany
8.3.6.1. Germany Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.3.6.2. Germany Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.3.6.3. Germany Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.3.7. France
8.3.7.1. France Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.3.7.2. France Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.3.7.3. France Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.3.8. U.K.
8.3.8.1. U.K. Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.3.8.2. U.K. Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.3.8.3. U.K. Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.3.9. Spain
8.3.9.1. Spain Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.3.9.2. Spain Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.3.9.3. Spain Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.3.10. Italy
8.3.10.1. Italy Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.3.10.2. Italy Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.3.10.3. Italy Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.3.11.2. Rest of Europe Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.3.11.3. Rest of Europe Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Contact Lenses Market Size and Forecast by Country, 2021-2031, ($Million)
8.4.3. Asia-Pacific Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.4.4. Asia-Pacific Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.4.5. Asia-Pacific Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.4.6. China
8.4.6.1. China Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.4.6.2. China Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.4.6.3. China Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.4.7. India
8.4.7.1. India Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.4.7.2. India Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.4.7.3. India Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.4.8. Japan
8.4.8.1. Japan Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.4.8.2. Japan Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.4.8.3. Japan Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.4.9. South Korea
8.4.9.1. South Korea Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.4.9.2. South Korea Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.4.9.3. South Korea Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.4.10. Rest of APAC
8.4.10.1. Rest of APAC Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.4.10.2. Rest of APAC Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.4.10.3. Rest of APAC Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.5.3. Rest of the World Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.5.4. Rest of the World Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.5.5. Rest of the World Contact Lenses Market Size and Forecast by Country, 2021-2031, ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.5.6.2. Latin America Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.5.6.3. Latin America Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.5.7.2. Middle East Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.5.7.3. Middle East Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)
8.5.8. Africa
8.5.8.1. Africa Contact Lenses Market Size and Forecast by Product Type, 2021-2031, ($Million)
8.5.8.2. Africa Contact Lenses Market Size and Forecast by Design Type, 2021-2031, ($Million)
8.5.8.3. Africa Contact Lenses Market Size and Forecast by Wear Type, 2021-2031, ($Million)

Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions

Chapter 10. Company Profiles
10.1. CooperVision, Inc.
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Johnson & Johnson Vision Care, Inc.
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. Hoya Vision Care Company
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. Alcon (Division of Novartis AG)
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Bausch & Lomb Incorporated
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. BenQ Materials Corporation
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. ZEISS International
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. SEED Co. Ltd.
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. Essilor International S.A.
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Menicon Co. Ltd.
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis

*The list of company is subject to change during the final compilation of the report

 

 

Market Segments

By Product Type 

  • Soft Lenses
  • Daily wear
  • Extended Wear
  • Gas Permeable

By Design Type 

  • Spherical Contact Lenses
  • Toric Contact Lenses
  • Multifocal Contact Lenses
  • Others

By Wear Type 

  • Disposable Contact Lenses
  • Reusable Contact Lenses

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

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