PUBLISHER: The Business Research Company | PRODUCT CODE: 1942602
PUBLISHER: The Business Research Company | PRODUCT CODE: 1942602
Contact lenses are thin, curved optical devices placed directly on the surface of the eye to correct vision or provide cosmetic enhancements. They improve visual acuity by addressing refractive errors such as myopia, hyperopia, astigmatism, and presbyopia, and can also be used for aesthetic purposes, such as changing eye color or achieving specific looks.
The primary types of contact lenses include corrective lenses, therapeutic lenses, cosmetic lenses, and lifestyle-oriented lenses. Corrective lenses are designed to enhance vision by compensating for refractive errors in the eye. They modify how light enters the eye, ensuring it focuses correctly on the retina to produce clear and sharp vision. These lenses are available in various wear types, such as daily disposable lenses, disposable lenses (replaced every two weeks or sooner), frequent replacement lenses (replaced monthly or quarterly), and conventional lenses. The materials used for contact lenses include silicone hydrogel soft contact lenses, methacrylate hydrogel soft contact lenses, gas-permeable contact lenses, and others. They come in various designs, including spherical lenses, toric lenses, multifocal lenses, and more, and are distributed through different channels such as ophthalmologists, retail stores, and online shops.
Tariffs are impacting the contact lenses market by increasing costs for imported raw materials, specialty polymers, and precision manufacturing equipment used in lens production. These cost pressures have particularly affected silicone hydrogel and specialty lens segments, with asia-pacific and north america experiencing greater exposure due to globalized supply chains. Higher tariffs have influenced product pricing across retail and online channels. However, tariffs have also encouraged local manufacturing, regional sourcing, and cost-efficient production strategies, supporting long-term supply chain resilience.
The contact lenses market research report is one of a series of new reports from The Business Research Company that provides contact lenses market statistics, including contact lenses industry global market size, regional shares, competitors with a contact lenses market share, detailed contact lenses market segments, market trends and opportunities, and any further data you may need to thrive in the contact lenses industry. This 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 contact lenses market size has grown strongly in recent years. It will grow from $9.73 billion in 2025 to $10.37 billion in 2026 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to rising prevalence of refractive errors, increasing awareness of vision correction options, growth in urbanization and screen usage, expansion of optometry and ophthalmology services, rising acceptance of contact lenses as eyeglass alternatives.
The contact lenses market size is expected to see strong growth in the next few years. It will grow to $13.36 billion in 2030 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to increasing incidence of myopia and presbyopia, growing demand for convenient and hygienic vision correction, rising consumer spending on personal appearance and eye care, expansion of e-commerce eye care platforms, increasing adoption of advanced lens materials. Major trends in the forecast period include rising adoption of daily disposable contact lenses, increasing demand for multifocal and toric lenses, growing popularity of cosmetic and lifestyle-oriented lenses, expansion of silicone hydrogel lens usage, increasing preference for online contact lens purchasing.
The anticipated growth of the contact lens market is expected to be driven by the increasing prevalence of eye disorders. Eye disorders, which affect the structure or function of the eye and can lead to visual impairment, discomfort, or other ocular symptoms, are becoming more common due to factors such as increased screen time, aging populations, environmental pollution, and lifestyle changes. Contact lenses address these issues by providing corrective solutions for refractive errors, enhancing comfort for dry eyes, managing conditions such as keratoconus with specialized lenses, and supporting therapeutic needs through protective or bandage lenses. For example, in March 2024, the Office for Health Improvement and Disparities, a UK government organization, reported that approximately 2 million people in the UK have some form of vision loss, with this number projected to increase to 2.7 million by 2030. This rise in eye disorders is consequently boosting the contact lens market.
Major companies operating in the contact lenses market are concentrating on developing innovative solutions such as one-week replacement silicone hydrogel lenses to enhance wearer convenience, support ocular health, and provide a more flexible replacement schedule compared to daily or monthly lenses. A one-week replacement lens is a new modality designed to be worn for seven days before disposal, offering consistent comfort, high oxygen permeability, and reduced maintenance for users. For example, in November 2024, Alcon Inc., a US-based eye care company, launched PRECISION7. This lens is designed to address the needs of consumers seeking greater convenience and healthier lens-wearing habits, providing a new option that bridges the gap between daily disposable and monthly replacement lenses while delivering long-lasting comfort and visual performance, ultimately reinforcing Alcon's presence in the premium contact lens segment.
In July 2023, Bausch & Lomb Inc., a Canada-based healthcare company, acquired the Blink(R) product line of eye and contact lens drops from Johnson & Johnson Vision for $106.5 million. This acquisition enables Bausch + Lomb to expand its portfolio of over-the-counter eye care products, particularly by enhancing its offerings to address the rising demand for effective solutions for dry eyes and contact lens discomfort. This move provides both consumers and eye care professionals with a wider range of treatment options, further solidifying the company's dedication to improving eye health and convenience in the market. Johnson & Johnson Vision (JJV), a U.S.-based ophthalmology company, develops products and technologies such as contact lenses to enhance eye health.
Major companies operating in the contact lenses market are Abbott Medical Optics Inc., EssilorLuxottica SA, Alcon Inc., Bausch Health Companies Inc., HOYA Corporation, The Cooper Companies Inc., Johnson & Johnson Vision Care Inc., Menicon Co. Ltd., STAAR Surgical Company, SynergEyes Inc., Euclid Systems Corporation, Lenstec Inc., Paragon Vision Sciences, X-Cel Specialty Contacts, Medennium Inc., NEO Vision, Blanchard Contact Lens Inc., Weicon Contact Lens Co. Ltd., Lucid Korea Co. Ltd., Bescon Co. Ltd., Conforma Contact Lens Inc.
North America was the largest region in the contact lenses market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the contact lenses market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the contact lenses market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The contact lenses market consists of sales of bifocal lenses, colored lenses, rigid gas permeable (RGP) lenses, and scleral 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 that 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.
Contact Lenses Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses 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 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 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, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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