Contact Lenses Market Share

Regionally, the global contact lenses market is studied into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Amongst these, the market in North America is projected to hold the largest market share by the end of 2037. The enhanced market potential includes the number of people who adopt contact lenses, the number of people suffering from refractive problems, and the growing awareness of the benefits of vision correction therapies. According to CDC, around 45 million Americans wear contact lenses.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of contact lenses is estimated at USD 20.02 billion.

The contact lenses market size was over USD 18.84 billion in 2024 and is poised to cross USD 49.47 billion by the end of 2037, witnessing more than 7.7% CAGR during the forecast period i.e., between 2025-2037. The rising prevalence of refractive errors, wide adoption of contact lenses, increasing elderly population, growing preferences in eye testing, and developments in technological advancements will drive the market growth.

North America industry is projected to hold the largest revenue share by 2037, due to the number of people who adopt contact lenses, the number of people suffering from refractive problems, and growing awareness of the benefits of vision correction therapies in the region.

The major players in the market include Johnson & Johnson Vision Care, Inc., Carl Zeiss AG, Bausch & Lomb Pvt. Ltd., Alcon Vision LLC, Cooper Vision, Inc., Hoya Corporation, Essilor Luxottica, Menicon Co., Ltd., SynergEyes, Inc., Walman Optical.

Contact Lenses Market Share