Uploaded on Nov 6, 2019
iGATE Research has released a report on "Global Contact Lens Market (By Segments, Materials, Design, Modality, Region), Key Technologies, Key Players Analysis, Recent Developments - Forecast to 2025" Click here to view the complete report:http://igateresearch.com/FullReportDetail.php?p=156 Contact Us iGATE Research PVT LTD Ravi Sinha Sales Manager Marketing and Sales Divison Email: [email protected] Contact: +91-858-684-0791, +91-821-092-7469 (INDIA) Web: www.igateresearch.com
Global Contact Lens Market and Forecast to 2025
Global Contact Lens Market - Overview
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.
Global - Contact Lens Market (Billion US$), 2012-2018
Note: Dummy Data, Actual figures given in the report
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The factors such as ageing population coupled with increasing prevalence of eye related disorders,
technological advancements, rising awareness, growing disposable incomes, and increasing preference for
contact lenses over prescription eyeglasses to enhance aesthetics fuels the growth of global contact lenses
market. Although these factors are expected to drive the contact lenses market growth, elements such as
the high cost and dearth of skilled ophthalmologists are projected to hamper the growth of the market.
Global – Forecast For Contact Lens Market (Billion US$), 2019-2025
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By Segments - Global Contact Lens Market and Forecast
By Segments - Global Contact Lens Market Share (Percent), 2018
• 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.
By Segments - Forecast for Contact Lens Market Share (Percent), 2025
• 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.
Note: Dummy Data, Actual figures given in the report
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By Materials - Global Contact Lens Market & Forecast
• Silicone hydrogel soft contact lenses
By Materials - Global Contact Lens Market Share (Percent), 2018
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 By Materials - Forecast for Contact Lens Market Share (Percent), 2025
segment is anticipated to expand
at a significant rate due to rise in
incidenc e rate of
corneal irregularities and
astigmatism.
• Polymethyl Methacrylate (PMMA)
held least share of the overall contact
lens market. Note: Dummy Data, Actual figures given in the report
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By Design - Global Contact Lens Market & 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 Design - Global Contact Lens Market Share (Percent), 2018 By Design – Forecast for Contact Lens Market Share (Percent), 2025
Note: Dummy Data, Actual figures given in the report
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By Modality- Global Contact Lens Market & 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.
Note: Dummy Data, Actual figures given in the report
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By Region – Global Contact Lens Market & Forecast
• In terms of region, the global contact lens By Region - Forecast for Contact Lens Market Share (Percent), 2025
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.
Asia Pacific - Forecast For Country wise Market Share (Percent), 2025
• 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.
Note: Dummy Data, Actual figures given in the report
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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.
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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.
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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
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By Segments - Global Contact Lens Market and Forecast
1. Corrective
2. Therapeutic
3. Cosmetic
4. Prosthetic
5. Lifestyle-oriented
By Materials - Global Contact Lens Market and Forecast
1.Silicone Hydrogen Soft Contact Lens
2.Methacrylate Hydrogel Soft Contact Lens
3.Gas Permeable Rigid Contact Lens
4.Hybrid
5.Polymethyl Methacrylate (PMMA)
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Global Contact Lens – Design Market and Forecast
1. Spherical
2. Toric
3. Multifocal
4. Others
Global Contact Lens - Modality Market and Forecast
1. Daily disposable
2. Weekly disposable
3. Monthly disposable
4. Annual disposable
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By Regional Analysis- Global Contact Lens Market and Forecast
4) Middle East & Africa
1) North America 3) Asia Pacific
• Saudi Arabia
• United States • Japan
• China • UAE• Canada
• India • Israel2) Europe
• South Korea 5) Latin America• Germany
• Brazil
• France • Australia
• Mexico
• United Kingdom
• Argentina
• Italy
6) Rest of the World
• Spain
Global Contact Lens Market – Company Profiles, Recent Developments
1. Alcon, Inc.
2. Bausch Health Companies Inc.
3. CooperVision, Inc.
4. Johnson & Johnson Services , Inc.
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Report Title:
“Global Contact Lens Market (By Segments, Materials, Design, Modality, Re
gion), Key Technologies, Key Players Analysis, Recent Developments - Fore
cast to 2025”
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