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Contact Lenses Market Size

  • Report ID: GMI2095
  • Published Date: Sep 2019
  • Report Format: PDF

Contact Lenses Market Size

Contact Lenses Market size is estimated to grow at a CAGR of over 6% through 2025 with the shipped volume of around 1,000 million units from 2019 to 2025. The growing prevalence of chronic eye diseases and the increase in the number of children suffering from myopia, driven by Demographic factors including the aging population, growing urbanization, and rise in diabetic incidences are anticipated to fuel the market growth.

 

Consumers’ preference for high-quality products is also enabling companies to invest in the research & development of innovative smart lenses. Growing disposable income and an increase in the standard of living enable the young population to wear cosmetic lenses. Growing investments in logistics & warehouses facilities coupled with the expansion in the overall e-commerce business are also helping in the rising product demand over the forecast timeframe.

 

 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Contact lenses market will record a CAGR of over 6% over 2019-2025 with the shipped volume of about 1,000 million units.

Hydrogel segment will record a CAGR of over 7% through 2025 owing to rising product adoption due to its better oxygen permeability.

North America had held over 30% share in 2018 owing to rising awareness about eye health and vision-related diseases in the region.

Major manufacturers in the market are Bausch Health Companies Inc., Blanchard Contact Lenses, Carl Zeiss Beteiligungs-GmbH, Conforma Laboratories, Inc., Contamac, CooperVision, etc.

Contact Lenses Market Scope

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 13
  • Tables & Figures: 1346
  • Countries covered: 32
  • Pages: 553
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