PUBLISHER: The Business Research Company | PRODUCT CODE: 1829940
PUBLISHER: The Business Research Company | PRODUCT CODE: 1829940
Disposable contact lenses are soft lenses designed for short-term use and are discarded after a specific period, such as daily, biweekly, or monthly. They are used for vision correction or cosmetic purposes, providing convenience and lowering the risk of infections compared to reusable lenses.
The main types of disposable contact lenses include cylindrical lenses, toric lenses, and spherical lenses. Cylindrical lenses are designed to correct astigmatism by focusing light at different angles on the retina. These lenses have a particular curvature that compensates for irregularities in the cornea or lens shape. They are made from materials such as silicon, hydrogel, and polymers, distributed through optical stores and online platforms, and are used for corrective, therapeutic, and cosmetic applications.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp increase in U.S. tariffs and resulting trade tensions in spring 2025 are significantly impacting the medical equipment sector, especially for imported components used in imaging machines, surgical-grade stainless steel, and disposable plastics. With hospitals and clinics pushing back against price increases, manufacturers are facing margin pressure. The situation is further complicated by regulatory challenges, as switching suppliers due to tariffs often necessitates re-certification of medical devices, leading to delays in market entry. In response, companies are mitigating risks by dual-sourcing key components, ramping up domestic production of standardized items, and accelerating research into more cost-effective materials.
The disposable contact lenses market research report is one of a series of new reports from The Business Research Company that provides disposable contact lenses market statistics, including disposable contact lenses industry global market size, regional shares, competitors with a disposable contact lenses market share, detailed disposable contact lenses market segments, market trends and opportunities, and any further data you may need to thrive in the disposable contact lenses industry. This disposable contact lenses market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The disposable contact lenses market size has grown strongly in recent years. It will grow from $7.1 billion in 2024 to $7.66 billion in 2025 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to increasing prevalence of vision disorders, rising awareness about eye health, growing adoption of contact lenses over glasses, rising influence of digital eye strain on lens demand, and growing adoption of subscription-based lens delivery services.
The disposable contact lenses market size is expected to see strong growth in the next few years. It will grow to $10.54 billion in 2029 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to growing demand for daily disposable lenses, increasing myopia cases among the younger population, rising preference for convenience and hygiene, expanding aging population with vision correction needs, and increasing customization and personalization of lenses. Major trends in the forecast period include technological advancements in lens materials, advancements in silicone hydrogel lenses, shift towards sustainable and biodegradable lenses, integration of smart technology in contact lenses, and advancements in moisture retention and oxygen permeability.
The forecast of 8.3% growth over the next five years indicates a slight reduction of 0.2% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through tariffs on oxygen-permeable hydrogel materials and precision molding tools, sourced from key regions such as Ireland and South Korea, which could lead to shortages in vision correction products and higher prices for daily-wear lenses.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The growing prevalence of myopia is expected to drive the expansion of the disposable contact lens market. Myopia, also known as nearsightedness, is a common vision condition where distant objects appear blurry, but close objects are seen clearly. This condition is increasingly common due to reduced outdoor activities, as exposure to natural light plays an important role in controlling eye growth and preventing excessive elongation of the eyeball. The rising rates of myopia are increasing the demand for disposable contact lenses, which offer a convenient and hygienic solution for vision correction. For example, in October 2024, the Lions Eye Institute, an Australian non-profit organization, reported that global myopia rates are rising rapidly, with more than 90% of Chinese university students affected and over 6 million Australians (more than 20% of the population) living with myopia. If current trends continue, myopia may affect 50% of the population by 2050. As a result, the increasing prevalence of myopia is contributing to the growth of the disposable contact lens market.
Companies in the disposable contact lens market are focusing on technological advancements in lens design, such as ProBalance technology, to differentiate themselves in the competitive market. ProBalance technology incorporates moisturizing ingredients that help maintain ocular surface stability, reduce dryness, and enhance comfort during contact lens wear. For instance, in May 2023, Bausch + Lomb Incorporated, a US-based healthcare company, introduced Infuse Multifocal silicone hydrogel daily disposable contact lenses in the US. These lenses are designed to provide clear vision at all distances for people with presbyopia, featuring ProBalance technology to retain moisture and reduce dryness. Made from advanced SiHy material (kalifilcon A), these lenses offer high breathability, enhanced comfort, and long-lasting moisture retention.
In May 2023, Black Pearl Vision, a US-based contact lens manufacturer, acquired PolyDev, an Ireland-based company that produces disposable contact lenses. The acquisition, whose financial details were not disclosed, is aimed at expanding Black Pearl Vision's product range with innovative opaque color contact lenses, while also enhancing accessibility for underserved contact lens wearers.
Major players in the disposable contact lenses market are Johnson & Johnson Vision Care Inc., Carl Zeiss AG, Alcon Inc., HOYA Corporation, Bausch + Lomb Incorporated, CooperVision Inc., Menicon Co. Ltd., BenQ Materials Corporation, St.Shine Optical Co. Ltd., SEED Co. Ltd., Interojo Co. Ltd., Hubble Contacts Inc., Oculus Optikgerate GmbH, ClearLab International, Visioneering Technologies Inc., UltraVision CLPL, Visco Vision Inc., Sensimed AG, Maxvue Vision Sdn Bhd, and Shinagawa Contact Lens Co. Ltd.
North America was the largest region in the disposable contact lenses market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in disposable contact lenses report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the disposable contact lenses market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The disposable contact lenses market consists of sales of soft, multifocal disposable lenses, colored disposable lenses, and extended wear lenses. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Disposable Contact Lenses Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on disposable contact lenses market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for disposable contact lenses ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The disposable contact lenses market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.