Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Daily Disposable Contact Lenses Market by Type (Hard Contact Lenses, Soft Contact Lenses), By Application (Corrective Lenses, Therapeutic Lenses) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Daily Disposable Contact Lenses Market by Type (Hard Contact Lenses, Soft Contact Lenses), By Application (Corrective Lenses, Therapeutic Lenses) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 313414 4200 Consumer Goods 377 193 Pages 4.7 (45)
                                          

Market Overview:


The global daily disposable contact lenses market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of eye disorders, rising awareness about the benefits of using daily disposable contact lenses, and technological advancements in contact lens manufacturing. The global daily disposable contact lenses market is segmented on the basis of type into hard contact lenses and soft contact lenses. The soft contact lens segment is expected to account for a larger share of the global market than the hard contact lens segment during the forecast period. This can be attributed to their high comfort levels and growing popularity among consumers. On the basis of application, corrective lenses are expected to account for a larger share of the global daily disposable contacts lens market than therapeutic lenses duringthe forecast period.


Global Daily Disposable Contact Lenses Industry Outlook


Product Definition:


Daily disposable contact lenses are a type of disposable contact lens that is worn once and then discarded. They are designed for people who want the convenience of a disposable lens, but do not want to have to worry about cleaning and storing their contacts. Daily disposable lenses are also a good option for people with allergies, because they can be thrown away after each use and will not accumulate any allergens.


Hard Contact Lenses:


Hard contact lenses are also known as rigid gas-permeable (RGP) or extended wear contact lenses. They are designed to be used for longer periods of time, typically more than 10 days. Hard contact lenses can be made from silicone, polymers and carbon fiber. The most commonly used type of hard lens is the daily disposable type that is manufactured using a polymer core covered with a thin layer of soft plastic which makes them easy to remove and replace.


Soft Contact Lenses:


Soft contact lenses are the type of eye wear that is made up of flexible, soft plastic or silicone and is designed to sit inside the eyes. They have a much thinner profile than standard contact lenses and can be removed easily by simply peeling them off. Soft contact lenses are available in two forms - daily disposable and reusable.


Application Insights:


Therapeutic application dominated the global market with a share of over 40.0% in 2017. Increasing prevalence of eye diseases such as myopia, hyperopia, astigmatism and presbyopia is expected to drive the demand for therapeutic lenses over the forecast period.


The corrective lens segment is expected to grow at a significant rate during the forecast period due to rising awareness about eyewear usage among consumers globally coupled with increasing disposable income in developing countries such as India and China. Moreover, an increase in working-class population globally has led to an increased demand for spectacles which further fuels growth during this study period.


Regional Analysis:


North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D investments by various companies, rising awareness about cosmetic surgeries, and growing demand for daily disposable lenses from this region.


Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure and growing patient awareness about available treatment options leading towards a rise in demand for contact lenses.


Growth Factors:


  • Increasing demand for daily disposable contact lenses due to their convenience and hygiene benefits over traditional contact lenses.
  • Rising awareness about the benefits of daily disposable contact lenses among consumers, especially in developing countries.
  • Proliferation of online retail channels that offer a wide variety of daily disposable contact lenses at competitive prices.
  • Growing demand for colored and fashion-based daily disposable contacts from young consumers.

Scope Of The Report

Report Attributes

Report Details

Report Title

Daily Disposable Contact Lenses Market Research Report

By Type

Hard Contact Lenses, Soft Contact Lenses

By Application

Corrective Lenses, Therapeutic Lenses

By Companies

Johnson &Johnson Vision Care, Novartis, CooperVision, Bausch + Lomb, St.Shine Optical, Menicon, Johnson &Johnson Vision Care

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

193

Number of Tables & Figures

136

Customization Available

Yes, the report can be customized as per your need.


Global Daily Disposable Contact Lenses Market Report Segments:

The global Daily Disposable Contact Lenses market is segmented on the basis of:

Types

Hard Contact Lenses, Soft 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

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:

  1. Johnson &Johnson Vision Care
  2. Novartis
  3. CooperVision
  4. Bausch + Lomb
  5. St.Shine Optical
  6. Menicon
  7. Johnson &Johnson Vision Care

Global Daily Disposable Contact Lenses Market Overview


Highlights of The Daily Disposable Contact Lenses Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Hard Contact Lenses
    2. Soft Contact Lenses
  1. By Application:

    1. Corrective Lenses
    2. Therapeutic Lenses
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Daily 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
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  • Product & Brand Management
  • Channel & Customer Management
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Global Daily Disposable Contact Lenses Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Daily disposable contact lenses are a type of contact lens that are worn only once a day. They are made from soft, flexible materials and can be easily removed with water or saline solution.

Some of the major players in the daily disposable contact lenses market are Johnson &Johnson Vision Care, Novartis, CooperVision, Bausch + Lomb, St.Shine Optical, Menicon, Johnson &Johnson Vision Care.

The daily disposable contact lenses market is expected to register a CAGR of 7.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Daily Disposable Contact Lenses Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Daily Disposable Contact Lenses Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Daily Disposable Contact Lenses Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Daily Disposable Contact Lenses Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Daily Disposable Contact Lenses Market Size & Forecast, 2020-2028       4.5.1 Daily Disposable Contact Lenses Market Size and Y-o-Y Growth       4.5.2 Daily Disposable Contact Lenses Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Hard Contact Lenses
      5.2.2 Soft Contact Lenses
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Corrective Lenses
      6.2.2 Therapeutic Lenses
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Daily Disposable Contact Lenses Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Daily Disposable Contact Lenses Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Hard Contact Lenses
      9.6.2 Soft Contact Lenses
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Corrective Lenses
      9.10.2 Therapeutic Lenses
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Hard Contact Lenses
      10.6.2 Soft Contact Lenses
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Corrective Lenses
      10.10.2 Therapeutic Lenses
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Hard Contact Lenses
      11.6.2 Soft Contact Lenses
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Corrective Lenses
      11.10.2 Therapeutic Lenses
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Hard Contact Lenses
      12.6.2 Soft Contact Lenses
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Corrective Lenses
      12.10.2 Therapeutic Lenses
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size 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 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Hard Contact Lenses
      13.6.2 Soft Contact Lenses
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Corrective Lenses
      13.10.2 Therapeutic Lenses
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Daily Disposable Contact Lenses Market: Competitive Dashboard
   14.2 Global Daily Disposable Contact Lenses Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Johnson &Johnson Vision Care
      14.3.2 Novartis
      14.3.3 CooperVision
      14.3.4 Bausch + Lomb
      14.3.5 St.Shine Optical
      14.3.6 Menicon
      14.3.7 Johnson &Johnson Vision Care

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