Global Contact Lens Market (By Segments, Materials, Design, Modality, Region), Key Technologies, Key Players Analysis, Recent Developments - Forecast To 2025

The global contact lenses market is predicted to reach nearly US$ 13 Billion by 2025. Contact lenses are thin plastic discs made from hydrogel or silicon hydrogel. Contact lenses are used for vision correction, and for cosmetic and aesthetic purpose to change the color or appearance of eye.

The global contact lenses market is predicted to reach nearly US$ 13 Billion by 2025. Contact lenses are thin plastic discs made from hydrogel or silicon hydrogel. Contact lenses are used for vision correction, and for cosmetic and aesthetic purpose to change the color or appearance of eye. Contact lenses are continuously gaining increased importance and adoption due to high prevalence of various eye related disorders such as myopia, presbyopia, astigmatism, and other forms of vision disorders.  The use of lenses offers varied medical and lifestyle-related benefits. Some of the therapeutic benefits of using lenses are corneal protection, for post-surgical conditions, and for corneal pain relief and healing. The growing focus on aesthetic look and popularity of colored contact lenses in the fashion industry will further boost the demand for contact lenses products. 
  
The factors such as ageing population coupled with increasing prevalence of eye related disorders, technological advancements, rising awareness, growing disposable incomes, and increasing preference for contact lenses over prescription eyeglasses to enhance aesthetics fuels the growth of global contact lenses market. Although these factors are expected to drive the contact lenses market growth, elements such as the high cost and dearth of skilled ophthalmologists are projected to hamper the growth of the market.   
 
By Segments - Global Contact Lens Market and Forecast

• On the basis of segmentation, corrective contact lens dominates the global contact lens market, followed by therapeutic contact lenses.

• Therapeutic contact lenses are known to increase the speed of re-epithelization, reduce the discomfort of the patient and also possess some therapeutic and clinical effects.

• Cosmetic lens captured nearly 10% share of the contact lenses market in 2018.

• Prosthetic and Lifestyle-oriented segment is also gaining popularity in the global contact lens market. 

By Materials - Global Contact Lens Market and Forecast

• Silicone hydrogel soft contact lenses captured highest share of the overall contact lens market.

• In 2018, methacrylate hydrogels were reportedly used in around 20% of fits.

• Hybrid contact lens segment is expected to maintain stable growth over the forecast period.

• The gas permeable contact lens segment is anticipated to expand at a significant rate due to rise in incidence rate of corneal irregularities and astigmatism.

• Polymethyl Methacrylate (PMMA) held least share of the overall contact lens market.

By Design - Global Contact Lens Market and Forecast

• In 2018, Spherical design accounted for highest share of the overall contact lenses market.

• Toric soft contact lenses have different powers in different meridians of the lens to correct astigmatism as well as nearsightedness or farsightedness. 

• Multifocal is the fastest growing design segment of the contact lens market.

By Modality - Global Contact Lens Market and Forecast

• By modality, monthly disposable is the most preferred contact lenses.

• The daily disposable contact lens market is likely to see the highest growth during the forecast period.

• The weekly replacement lenses are more durable than daily disposable lenses. 

• Annual disposable lens is the least preferred segment and thus accounted for least share of the overall contact lens market.

By Region - Global Contact Lens Market and Forecast

• In terms of region, the global contact lens market is dominated by North America.

• In North America, United States captured highest share of the total contact lens market in 2018.

• Europe represents a major market for contact lenses, owing to rising chronic eye diseases among geriatric population.

• In Europe, United Kingdom and Germany are the major market for contact lenses.

• There are around 3.6 Million contact lens wearers in the UK.

• In Italy, around 6% of the population wear contact lenses.

• Asia Pacific is anticipated to grow at the fastest rate over the forecast period due to the presence of untapped opportunities in the emerging economies such as China and India.

• In Asia Pacific, Japan captured highest share of the global contact lens market, followed by China.

iGATE RESEARCH report titled “Global Contact Lens Market (By Segments, Materials, Design, Modality, Region), Key Technologies, Key Players Analysis, Recent Developments - Forecast to 2025” provides a comprehensive analysis of the Global Contact Lenses Market.  

This 181 Page report with 94 Figures and 13 Tables has been analyzed from 11 View Points:
  
1) Global Contact Lens Market and Forecast (2012 - 2025)
2) Global Contact Lens Market Share and Forecast (2012 - 2025)
3) By Segments - Global Contact Lens Market and Forecast (2012 - 2025)
4) By Materials - Global Contact Lens Market and Forecast (2012 - 2025)
5) By Design - Global Contact Lens Market and Forecast (2012 - 2025)
6) By Modality - Global Contact Lens Market and Forecast (2012 - 2025)
7) By Region - Global Contact Lens Market and Forecast (2012 - 2025)
8) Country Analysis - Global Contact Lens Market and Forecast (2012 - 2025)
9) Global Contact Lens Market - Key Technologies
10) Global Contact Lens Market - Key Players Sales Analysis (2013 - 2025)
11) Global Contact Lens Market - Growth Drivers & Challenges

Global Contact Lens Market - By Segments 

• Corrective
• Therapeutic
• Cosmetic
• Prosthetic
• Lifestyle-oriented 

Global Contact Lens Market - By Materials 

• Silicone Hydrogen Soft Contact Lens
• Methacrylate Hydrogel Soft Contact Lens
• Gas Permeable Rigid Contact Lens
• Hybrid
• Polymethyl Methacrylate (PMMA) 

Global Contact Lens Market - By Design 

• Spherical
• Toric
• Multifocal
• Others

Global Contact Lens Market - By Modality 

• Daily disposable
• Weekly disposable
• Monthly disposable
• Annual disposable

Global Contact Lens Market - Regional Analysis  

1. North America

• United States
• Canada

2. Europe

• Germany
• France
• United Kingdom
• Italy
• Spain 

3. Asia Pacific

• Japan
• China
• India
• South Korea
• Australia

4. Middle East & Africa

• Saudi Arabia
• UAE
• Israel

5. Latin America

• Brazil
• Mexico
• Argentina

6. Rest of the World

Global Contact Lens Market - Company Analysis  

• Alcon, Inc.
• Bausch Health Companies Inc.
• CooperVision, Inc
• Johnson & Johnson Services, Inc.
 
Data Source

iGATE RESEARCH employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. This report is built by using data and information sourced from Proprietary Information Database, Primary and Secondary Research Methodologies, and In house analysis by iGATE Research dedicated team of qualified professionals with deep industry experience and expertise.
 
Research Methodologies

Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.

Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.

1. Executive Summary

2. Global Contact Lens Market & Forecast (2012 - 2025) 

3. Global Contact Lens Market Share & Forecast (2012 - 2025) 

3.1 By Segments - Global Contact Lens Market Share & Forecast
3.2 By Materials - Global Contact Lens Market Share & Forecast
3.3 By Design - Global Contact Lens Market Share & Forecast
3.4 By Modality - Global Contact Lens Market Share & Forecast
3.5 By Region - Contact Lens Market Share & Forecast
3.6 By Country - Contact Lens Market Share & Forecast

4. By Segments - Global Contact Lens Market & Forecast (2012 - 2025) 

4.1 Corrective Lens Market & Forecast
4.2 Therapeutic Lens Market & Forecast
4.3 Cosmetic Lens Market & Forecast
4.4 Prosthetic Lens Market & Forecast
4.5 Lifestyle-oriented Lens Market & Forecast

5. By Materials - Global Contact Lens Market & Forecast (2012 - 2025) 

5.1 Silicone Hydrogel Soft Contact Lens Market & Forecast
5.2 Methacrylate Hydrogel Soft Contact Lens Market & Forecast
5.3 Gas Permeable Rigid Contact Lens Market & Forecast
5.4 Hybrid Contact Lens Market & Forecast
5.5 Polymethyl Methacrylate (PMMA) Contact Lens Market & Forecast

6. By Design - Global Contact Lens Market & Forecast (2012 - 2025) 

6.1 Spherical Contact Lens Market & Forecast
6.2 Toric Contact Lens Market & Forecast
6.3 Multifocal Contact Lens Market & Forecast
6.4 Others Contact Lens Market & Forecast

7. By Modality - Global Contact Lens Market & Forecast (2012 - 2025) 

7.1 Daily Disposable Contact Lens Market & Forecast
7.2 Weekly Disposable Contact Lens Market & Forecast
7.3 Monthly Disposable Contact Lens Market & Forecast
7.4 Annually Disposable Contact Lens Market & Forecast

8. By Region - Contact Lens Market & Forecast (2012 - 2025) 

8.1 North America Contact Lens Market & Forecast
8.2 Europe Contact Lens Market & Forecast
8.3 Asia Pacific Contact Lens Market & Forecast
8.4 Middle East & Africa Contact Lens Market & Forecast
8.5 Latin America Contact Lens Market & Forecast

9. By Country - Contact Lens Market & Forecast (2012 - 2025) 

9.1 United States Contact Lens Market & Forecast
9.2 Canada Contact Lens Market & Forecast
9.3 Germany Contact Lens Market & Forecast
9.4 France Contact Lens Market & Forecast
9.5 United Kingdom Contact Lens Market & Forecast
9.6 Italy Contact Lens Market & Forecast
9.7 Spain Contact Lens Market & Forecast
9.8 Japan Contact Lens Market & Forecast
9.9 China Contact Lens Market & Forecast
9.10 India Contact Lens Market & Forecast
9.11 South Korea Contact Lens Market & Forecast
9.12 Australia Contact Lens Market & Forecast
9.13 Saudi Arabia Contact Lens Market & Forecast
9.14 UAE Contact Lens Market & Forecast
9.15 Israel Contact Lens Market & Forecast
9.16 Brazil Contact Lens Market & Forecast
9.17 Mexico Contact Lens Market & Forecast
9.18 Argentina Contact Lens Market & Forecast
9.19 Rest of the World Contact Lens Market & Forecast

10. Global Contact Lenses Market - Company Profiles

10.1 Alcon, Inc. 

10.1.1 Company Overview
10.1.2 Major Deals
10.1.3 Strategy
10.1.4 Recent Developments
10.1.5 Company Sales and Forecast

10.2 Bausch Health Companies Inc. 

10.2.1 Company Overview
10.2.2 Major Deals
10.2.3 Strategy
10.2.4 Recent Developments
10.2.5 Company Sales and Forecast

10.3 CooperVision, Inc. 

10.3.1 Company Overview
10.3.2 Major Deals
10.3.3 Strategy
10.3.4 Recent Developments
10.3.5 Company Sales and Forecast

10.4 Johnson & Johnson Services, Inc. 

10.4.1 Company Overview
10.4.2 Major Deals
10.4.3 Recent Developments
10.4.4 Company Sales and Forecast

11. Key Technologies - Contact Lenses Market

11.1 Hydraclear Technology
11.2 ASD Technology
11.3 Lacreon Technology
11.4 Peg Technology
11.5 PC Technology
11.6 Optimized Toric Lens Geometry Technology
11.7 Digital Zone Optics Lens Design Technology
11.8 Lightstream Lens Technology
11.9 Smart Contact Lens Technology
11.10 Light Intelligent/Adaptive Technology

12. Global Contact Lens Market - Growth Drivers

12.1 Technology Advancement
12.2 Increasing Demand for Contact Lenses to Enhance Appearance and Lifestyle
12.3 Upsurge in The Geriatric Population Base Favors Market Growth
12.4 Increasing Incidence of Eye Diseases Across the Globe Fuels Market Growth

13. Global Contact Lens Market - Challenges

13.1 Safety Concerns Associated with The Use of Contact Lenses
13.2 Other Challenges Restricting Market Growth

List of Figures:

Figure 2-1: Global - Contact Lens Market (Million US$), 2012 - 2018
Figure 2-2: Global - Forecast for Contact Lens Market (Million US$), 2019 - 2025

Figure 4-1: Global - Corrective Lens Market (Million US$), 2012 - 2018
Figure 4-2: Global - Forecast for Corrective Lens Market (Million US$), 2019 - 2025
Figure 4-3: Global - Therapeutic Lens Market (Million US$), 2012 - 2018
Figure 4-4: Global - Forecast for Therapeutic Lens Market (Million US$), 2019 - 2025
Figure 4-5: Global - Cosmetic Lens Market (Million US$), 2012 - 2018
Figure 4-6: Global - Forecast for Cosmetic Lens Market (Million US$), 2019 - 2025
Figure 4-7: Global - Prosthetic Lens Market (Million US$), 2012 - 2018
Figure 4-8: Global - Forecast for Prosthetic Lens Market (Million US$), 2019 - 2025
Figure 4-9: Global - Lifestyle-oriented Lens Market (Million US$), 2012 - 2018
Figure 4-10: Global - Forecast for Lifestyle-oriented Lens Market (Million US$), 2019 - 2025

Figure 5-1: Global - Silicone Hydrogel Soft Contact Lens Market (Million US$), 2012 - 2018
Figure 5-2: Global - Forecast for Silicone Hydrogel Soft Contact Lens Market (Million US$), 2019 - 2025
Figure 5-3: Global - Methacrylate Hydrogel Soft Contact Lens Market (Million US$), 2012 - 2018
Figure 5-4: Global - Forecast for Methacrylate Hydrogel Soft Contact Lens Market (Million US$), 2019 - 2025
Figure 5-5: Global - Gas Permeable Rigid Contact Lens Market (Million US$), 2012 - 2018
Figure 5-6: Global - Forecast for Gas Permeable Rigid Contact Lens Market (Million US$), 2019 - 2025
Figure 5-7: Global - Hybrid Contact Lens Market (Million US$), 2012 - 2018
Figure 5-8: Global - Forecast for Hybrid Contact Lens Market (Million US$), 2019 - 2025
Figure 5-9: Global - Polymethyl Methacrylate (PMMA) Contact Lens Market (Million US$), 2012 - 2018
Figure 5-10: Global - Forecast for Polymethyl Methacrylate (PMMA) Contact Lens Market (Million US$), 2019 - 2025

Figure 6-1: Global - Spherical Contact Lens Market (Million US$), 2012 - 2018
Figure 6-2: Global - Forecast for Spherical Contact Lens Market (Million US$), 2019 - 2025
Figure 6-3: Global - Toric Contact Lens Market (Million US$), 2012 - 2018
Figure 6-4: Global - Forecast for Toric Contact Lens Market (Million US$), 2019 - 2025
Figure 6-5: Global - Multifocal Contact Lens Market (Million US$), 2012 - 2018
Figure 6-6: Global - Forecast for Multifocal Contact Lens Market (Million US$), 2019 - 2025
Figure 6-7: Global - Others Contact Lens Market (Million US$), 2012 - 2018
Figure 6-8: Global - Forecast for Others Contact Lens Market (Million US$), 2019 - 2025

Figure 7-1: Global - Daily Disposable Contact Lens Market (Million US$), 2012 - 2018
Figure 7-2: Global - Forecast for Daily Disposable Contact Lens Market (Million US$), 2019 - 2025
Figure 7-3: Global - Weekly Disposable Contact Lens Market (Million US$), 2012 - 2018
Figure 7-4: Global - Forecast for Weekly Disposable Contact Lens Market (Million US$), 2019 - 2025
Figure 7-5: Global - Monthly Disposable Contact Lens Market (Million US$), 2012 - 2018
Figure 7-6: Global - Forecast for Monthly Disposable Contact Lens Market (Million US$), 2019 - 2025
Figure 7-7: Global - Annually Disposable Contact Lens Market (Million US$), 2012 - 2018
Figure 7-8: Global - Forecast for Annually Disposable Contact Lens Market (Million US$), 2019 - 2025

Figure 8-1: North America - Contact Lens Market (Million US$), 2012 - 2018
Figure 8-2: North America - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 8-3: Europe - Contact Lens Market (Million US$), 2012 - 2018
Figure 8-4: Europe - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 8-5: Asia Pacific - Contact Lens Market (Million US$), 2012 - 2018
Figure 8-6: Asia Pacific - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 8-7: Middle East & Africa - Contact Lens Market (Million US$), 2012 - 2018
Figure 8-8: Middle East & Africa - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 8-9: Latin America - Contact Lens Market (Million US$), 2012 - 2018
Figure 8-10: Latin America - Forecast for Contact Lens Market (Million US$), 2019 - 2025

Figure 9-1: United States - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-2: United States - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-3: Canada - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-4: Canada - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-5: Germany - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-6: Germany - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-7: France - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-8: France - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-9: United Kingdom - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-10: United Kingdom - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-11: Italy - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-12: Italy - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-13: Spain - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-14: Spain - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-15: Japan - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-16: Japan - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-17: China - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-18: China - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-19: India - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-20: India - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-21: South Korea - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-22: South Korea - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-23: Australia - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-24: Australia - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-25: Saudi Arabia - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-26: Saudi Arabia - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-27: UAE - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-28: UAE - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-29: Israel - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-30: Israel - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-31: Brazil - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-32: Brazil - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-33: Mexico - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-34: Mexico - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-35: Argentina - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-36: Argentina - Forecast for Contact Lens Market (Million US$), 2019 - 2025
Figure 9-37: Rest of the World - Contact Lens Market (Million US$), 2012 - 2018
Figure 9-38: Rest of the World - Forecast for Contact Lens Market (Million US$), 2019 - 2025

Figure 10-1: Alcon - Surgical & Vision Care Sales (Million US$), 2012 - 2018
Figure 10-2: Alcon - Forecast for Surgical & Vision Care Sales (Million US$), 2019 - 2025
Figure 10-3: Bausch Health Companies Inc. - Bausch + Lomb/International Segment Sales (Million US$), 2014 - 2018
Figure 10-4: Bausch Health Companies Inc. - Forecast for Bausch + Lomb/International Segment Sales (Million US$), 2018 - 2025
Figure 10-5: CooperVision Inc. - Net Sales (Million US$), 2013 - 2018
Figure 10-6: CooperVision Inc. - Forecast for Net Sales (Million US$), 2019 - 2025
Figure 10-7: Johnson & Johnson Services, Inc. - Vision Care (Contact Lens/Others, Surgical) Sales (Million US$), 2013 - 2018
Figure 10-8: Johnson & Johnson Services, Inc - Forecast for Vision Care (Contact Lens/Others, Surgical) Sales (Million US$), 2019 - 2025

List of Tables:

Table 3-1: By Segments - Global Contact Lens Market Share (Percent), 2012 - 2018
Table 3-2: By Segments - Forecast for Global Contact Lens Market Share (Percent), 2019 - 2025
Table 3-3: By Materials - Global Contact Lens Market Share (Percent), 2012 - 2018
Table 3-4: By Materials - Forecast for Global Contact Lens Market Share (Percent), 2019 - 2025
Table 3-5: By Design - Global Contact Lens Market Share (Percent), 2012 - 2018
Table 3-6: By Design - Forecast for Global Contact Lens Market Share (Percent), 2019 - 2025
Table 3-7: By Modality - Global Contact Lens Market Share (Percent), 2012 - 2018
Table 3-8: By Modality - Forecast for Global Contact Lens Market Share (Percent), 2019 - 2025
Table 3-9: By Region - Global Contact Lens Market Share (Percent), 2012 - 2018
Table 3-10: By Region - Forecast for Global Contact Lens Market Share (Percent), 2019 - 2025
Table 3-11: By Country - Global Contact Lens Market Share (Percent), 2012 - 2018
Table 3-12: By Country - Forecast for Global Contact Lens Market Share (Percent), 2019 - 2025
Table 10-1: Bausch Health Companies Inc (Valeant Pharmaceuticals International, Inc.) - Major Acquisitions