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 2036. 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 2024, the industry size of contact lenses is evaluated at USD 18.65 Billion.

The contact lenses market size was over USD 17.3 Billion in 2023 and is projected to exceed USD 45.93 Billion by the end of 2036, witnessing over 7.8% CAGR during the forecast period i.e., between 2024-2036. The rising prevalence of refractive errors, wide adoption of contact lenses, increasing elderly population, growing preferences in eye testing, and developments in technological advancements is expected to bring lucrative growth opportunities in the market growth.

North America industry is projected to hold the largest revenue share by 2036, 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.

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