Report Highlights
The global contact lenses market reached $8.2 billion in 2022 and should reach $11.6 billion by 2027, with a compound annual growth rate (CAGR) of 7.1% during the forecast period of 2022-2027.
Report Includes
- 22 data tables and 13 additional tables
- An overview of the global market and technologies for contact lenses
- Analyses of global market trends, with data from 2020, 2021, 2022, and projections of CAGRs through 2028
- Coverage of present and future strategies within the contact lens market, which includes soft and rigid gas permeable contact lenses and several other types, which can be separated by design and by their usage
- In-depth analysis of changing dynamics and adoption trends affecting developing economies concerning market penetration in these areas
- Detailed analysis of applications, the regulatory environment, market projections and market shares
- A breakdown of the market and its products by purpose, usability, design, corrective nature, and other characteristics
- Company profiles of major players within the industry, including Alcon, Bausch + Lomb Inc., Hoya Corp., Johnson & Johnson, and Zeiss Group
Report Scope
This research report analyzes the global contact lens products and technologies market by product type and geographic region, focusing on soft and rigid lenses, the most prevalent types of contact lens products and technologies. The report covers both products and technologies affecting specifically the aging demographics.
An in-depth analysis of key companies operating in the global contact lens products and technologies market is also included. The information also focuses on companies involved in developing products and emerging technologies.
The base year for market data is 2021, with historical data provided for 2020 and 2019 and forecast data provided through 2027. Historical, base year and forecast data are provided for each market segment of the report. In terms of geography, the report analyzes the market across North America, Europe, Asia-Pacific, and the Rest of the world (RoW).
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2021 | ||||||||||||||||||||||||
| Forecast period considered | 2022-2027 | ||||||||||||||||||||||||
| Base year market size | $7.7 billion | ||||||||||||||||||||||||
| Market size forecast | $11.6 billion | ||||||||||||||||||||||||
| Growth rate | CAGR of 7.1% for the forecast period of 2022-2027 | ||||||||||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||||||||||
| Segments covered | Type, Region | ||||||||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, Rest of the World (RoW) | ||||||||||||||||||||||||
| Companies studied |
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Frequently Asked Questions (FAQs)
- Alcon
- Johnson & Johnson
- Bausch Lomb
- Cooper
- BenQ materials
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global market for contact lenses has grown to $9.4 billion in 2014 from $8.9 billion in 2013. The market is expected to grow at a five-year compound annual growth rate (CAGR) of 1.9% from 2015 to 2020, increasing from $9.2 billion in 2015 to $10.1 billion in 2020.
Report Highlights
The global market for contact lenses grew from $18.7 billion in 2012 to $18.9 billion in 2013. This market is expected to reach $20.1 billion by 2018, a compound annual growth rate (CAGR) of 1.2% for the five-year period 2013 to 2018.
Report Highlights
The global contact lens market was valued at $7.2 billion in 2010. This market reached nearly $7.8 billion in 2011 and will grow to $11.6 billion in 2016 at an estimated CAGR of 8.4% from 2011 to 2016.
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