Market Overview:
The global disposable contact lenses market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing prevalence of eye disorders, rising awareness about the benefits of disposable contact lenses, and technological advancements in the field of ophthalmology. Based on type, the global disposable contact lenses market is segmented into daily disposable contact lenses, weekly disposable contact lenses, monthly disposable contact lenses and other types (including bi-weekly and quarterly). The daily disposable segment is expected to grow at a higher CAGR than other segments during the forecast period owing to various factors such as increasing demand for convenience and hygiene among consumers and growing awareness about eye health. Based on application, corrective lens dominates the global disposables market followed by therapeutic lens applications. Cosmetic lens applications are expected to witness highest growth rate over next 10 years due high adoption rates in developed countries such as U.S., Japan etc.
Product Definition:
A disposable contact lens is a contact lens that is meant to be used once and then thrown away. They are usually made of plastic, and they come in different shapes and sizes.
Daily Disposable Contact Lenses:
Disposable contact lenses are intended for single-use and are meant to be removed after a few hours of wear. They can be manufactured in various forms such as soft, daily disposable, or monthly disposable. The daily disposable type is the most widely used type of lens and accounts for more than half of the global market share.
Weekly Disposable Contact Lenses:
Disposable contact lenses are intended for single-use and are manufactured from high-quality material to ensure comfort and stability during wear. They offer the advantages of being lightweight, easy to change, easy to use, convenient & economical in comparison with daily disposable eyeglasses. The market is expected to grow at a significant rate owing to the increasing demand for vision correction solutions that provide better visual acuity along with cost efficiency as compared with traditional eyeglasses.
Application Insights:
Therapeutic application dominated the global disposable contact lens market in 2017, accounting for over 60.0% share of the total revenue. The segment is expected to witness significant growth during the forecast period due to rising geriatric population and increasing number of patients suffering from various eye diseases and conditions such as diabetes, glaucoma, ocular hypertension and amblyopia among others.
Cosmetic lenses are expected to be one of the fastest-growing segments during the forecast period owing to growing awareness about fashion trends especially in developing countries like India and China where people follow a certain code of dressing according with their religious beliefs along with maintaining social standards set by their families, communities or work places. Lifestyle-oriented lenses are also gaining popularity among consumers mainly because these types do not require any particular kind of wearingsetups which makes them convenient for use especially when traveling or moving from one place to another on a daily basis which is boosting demand globally.
Regional Analysis:
North America dominated the global market in 2017. The rising prevalence of vision correction disorders, increasing demand for cosmetic lenses and growing geriatric population are some of the major factors contributing to the growth of this regional market. In addition, technological advancements such as digital imaging and automated dispensing systems are also expected to drive product demand over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to a large patient pool in countries such as India and China coupled with improving healthcare infrastructure in these regions. Moreover, an increase in disposable income levels will also contribute towards regional market expansion over the next eight years due to rise adoption by developing economies including China & India for medical reasons such as vision correction or cosmetic reasons like enhancing eyesight or appearance etc.).
Growth Factors:
- Increasing demand for disposable contact lenses due to changing lifestyle and growing awareness about the benefits of using disposable contact lenses over traditional contact lenses.
- Rising prevalence of eye disorders and increasing number of people suffering from vision impairment or blindness is expected to fuel the demand for disposable contact lenses in the coming years.
- Technological advancements in the field of disposable contact lens manufacturing is likely to propel the growth of this market in near future.
- Growing popularity of online shopping is anticipated to boost sales of disposable contact lenses in upcoming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Disposable Contact Lenses Market Research Report
By Type
Daily Disposable Contact Lenses, Weekly Disposable Contact Lenses, Monthly Disposable Contact Lenses
By Application
Corrective Lenses, Therapeutic Lenses, Cosmetic Lenses and Lifestyle-Oriented Lenses
By Companies
Johnson &Johnson Vision Care, Novartis, CooperVision, Bausch + Lomb, St.Shine Optical, Menicon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Disposable Contact Lenses Market Report Segments:
The global Disposable Contact Lenses market is segmented on the basis of:
Types
Daily Disposable Contact Lenses, Weekly Disposable Contact Lenses, Monthly Disposable Contact Lenses
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Corrective Lenses, Therapeutic Lenses, Cosmetic Lenses and Lifestyle-Oriented Lenses
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Johnson &Johnson Vision Care
- Novartis
- CooperVision
- Bausch + Lomb
- St.Shine Optical
- Menicon
Highlights of The Disposable Contact Lenses Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Daily Disposable Contact Lenses
- Weekly Disposable Contact Lenses
- Monthly Disposable Contact Lenses
- By Application:
- Corrective Lenses
- Therapeutic Lenses
- Cosmetic Lenses and Lifestyle-Oriented Lenses
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Disposable Contact Lenses Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Disposable contact lenses are lenses that are worn only for a short time and then thrown away. They are made of plastic or other materials and can be inserted into the eye using a special lens insertion device.
Some of the major players in the disposable contact lenses market are Johnson &Johnson Vision Care, Novartis, CooperVision, Bausch + Lomb, St.Shine Optical, Menicon.
The disposable contact lenses market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Disposable Contact Lenses Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Disposable Contact Lenses Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Disposable Contact Lenses Market - Supply Chain
4.5. Global Disposable Contact Lenses Market Forecast
4.5.1. Disposable Contact Lenses Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Disposable Contact Lenses Market Size (000 Units) and Y-o-Y Growth
4.5.3. Disposable Contact Lenses Market Absolute $ Opportunity
5. Global Disposable Contact Lenses Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Disposable Contact Lenses Market Size and Volume Forecast by Type
5.3.1. Daily Disposable Contact Lenses
5.3.2. Weekly Disposable Contact Lenses
5.3.3. Monthly Disposable Contact Lenses
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Disposable Contact Lenses Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Disposable Contact Lenses Market Size and Volume Forecast by Application
6.3.1. Corrective Lenses
6.3.2. Therapeutic Lenses
6.3.3. Cosmetic Lenses and Lifestyle-Oriented Lenses
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Disposable Contact Lenses Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Disposable Contact Lenses Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Disposable Contact Lenses Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Disposable Contact Lenses Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Disposable Contact Lenses Demand Share Forecast, 2019-2026
9. North America Disposable Contact Lenses Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Disposable Contact Lenses Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Disposable Contact Lenses Market Size and Volume Forecast by Application
9.4.1. Corrective Lenses
9.4.2. Therapeutic Lenses
9.4.3. Cosmetic Lenses and Lifestyle-Oriented Lenses
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Disposable Contact Lenses Market Size and Volume Forecast by Type
9.7.1. Daily Disposable Contact Lenses
9.7.2. Weekly Disposable Contact Lenses
9.7.3. Monthly Disposable Contact Lenses
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Disposable Contact Lenses Demand Share Forecast, 2019-2026
10. Latin America Disposable Contact Lenses Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Disposable Contact Lenses Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Disposable Contact Lenses Market Size and Volume Forecast by Application
10.4.1. Corrective Lenses
10.4.2. Therapeutic Lenses
10.4.3. Cosmetic Lenses and Lifestyle-Oriented Lenses
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Disposable Contact Lenses Market Size and Volume Forecast by Type
10.7.1. Daily Disposable Contact Lenses
10.7.2. Weekly Disposable Contact Lenses
10.7.3. Monthly Disposable Contact Lenses
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Disposable Contact Lenses Demand Share Forecast, 2019-2026
11. Europe Disposable Contact Lenses Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Disposable Contact Lenses Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Disposable Contact Lenses Market Size and Volume Forecast by Application
11.4.1. Corrective Lenses
11.4.2. Therapeutic Lenses
11.4.3. Cosmetic Lenses and Lifestyle-Oriented Lenses
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Disposable Contact Lenses Market Size and Volume Forecast by Type
11.7.1. Daily Disposable Contact Lenses
11.7.2. Weekly Disposable Contact Lenses
11.7.3. Monthly Disposable Contact Lenses
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Disposable Contact Lenses Demand Share, 2019-2026
12. Asia Pacific Disposable Contact Lenses Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Disposable Contact Lenses Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Disposable Contact Lenses Market Size and Volume Forecast by Application
12.4.1. Corrective Lenses
12.4.2. Therapeutic Lenses
12.4.3. Cosmetic Lenses and Lifestyle-Oriented Lenses
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Disposable Contact Lenses Market Size and Volume Forecast by Type
12.7.1. Daily Disposable Contact Lenses
12.7.2. Weekly Disposable Contact Lenses
12.7.3. Monthly Disposable Contact Lenses
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Disposable Contact Lenses Demand Share, 2019-2026
13. Middle East & Africa Disposable Contact Lenses Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Disposable Contact Lenses Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Disposable Contact Lenses Market Size and Volume Forecast by Application
13.4.1. Corrective Lenses
13.4.2. Therapeutic Lenses
13.4.3. Cosmetic Lenses and Lifestyle-Oriented Lenses
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Disposable Contact Lenses Market Size and Volume Forecast by Type
13.7.1. Daily Disposable Contact Lenses
13.7.2. Weekly Disposable Contact Lenses
13.7.3. Monthly Disposable Contact Lenses
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Disposable Contact Lenses Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Disposable Contact Lenses Market: Market Share Analysis
14.2. Disposable Contact Lenses Distributors and Customers
14.3. Disposable Contact Lenses Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Johnson &Johnson Vision Care
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Novartis
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CooperVision
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bausch + Lomb
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. St.Shine Optical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Menicon
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
