US Contact Lenses Market - Focused Insights 2023-2028

US Contact Lenses Market - Focused Insights 2023-2028

REPORT OVERVIEW

This report offers market size & forecast data for the contact lenses market in the US. The revenue generated from the sale of contact lenses are included in the report. The revenue generated from service providers is excluded from the scope of the study. This report provides a comprehensive and current market scenario of the US contact lenses market, including the US contact lenses market size, anticipated market forecast, relevant market segmentations, and industry trends.

The study considers a detailed scenario of the present contact lens market and its market dynamics for 2023−2028 in the US. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent players operating in the market.

MARKET DEFINITION

Contact lenses are a thin, curved lens designed to cover the eye surface and correct vision impairments.

KEY HIGHLIGHTS

• In US, the contact lenses market is expected to grow at a CAGR of 5.48% from 2022-2028.
• In North America, in 2022, the US dominated the market with more than 90.00%, which can be attributed to the increasing geriatric population, growing consumer awareness regarding contact lens usage, the high prevalence of chronic eye diseases, and the increasing adoption of contact lenses.
• In application type, the corrective lenses accounted for the highest share of 59.13% in 2022 and are projected to grow at the highest CAGR of 5.56% during the forecast period. The increasing demand for corrective lenses is due to the rising disease burden, increasing prevalence of chronic eye diseases, and rising geriatric population.
• By design, the spherical contact lenses segment accounted for the highest share of 68.81% in 2022 and is projected to grow at the highest CAGR of 4.61% during the forecast period. The increasing demand for spherical contact lenses is due to the number of chronic eye conditions, increased preference for contact lenses, and rise in the geriatric population.
• Johnson & Johnson Vision Care, Alcon Inc, The Cooper Companies, HOYA Corp, and EssilorLuxottica SA are some leading players currently dominating the US contact lenses market. The major players focus on strategic acquisitions and collaborations with emerging players to enter the medical device cleaning & recycling market and to gain access to commercially launched products.

REPORT HIGHLIGHTS

PRODUCT SEGMENTATION & FORECAST

• Application
• Corrective
• Therapeutic
• Cosmetic
• Design type
• Spherical
• Toric
• Multifocal
• Usage type
• Daily Disposable
• Frequent Replacement
• Distribution type
• Retail Stores
• Hospitals & Eye Care Centers
• Online
• Material type
• Silicone Hydrogels
• Hydrogels
• Others

MARKET STRUCTURE

• Market Dynamics
• Competitive Landscape of Contact Lenses Market
• Key Vendors
• Other Prominent Vendors

APPENDIX

• Research Methodology
• Abbreviations
• About Arizton

VENDOR LIST

1. Johnson & Johnson Vision Care

2. Alcon Inc

3. The Cooper Companies

4. HOYA Corp

5. Essilor Luxottica SA

6. Menicon Co.Ltd.,

7. Carl Zeiss Meditec

8. SynergEyes

9. X-Cel Specialty Contacts

10. Medennium

11. STAAR Surgical Co.,

12. Contamac U.S., Inc

13. Visioneering Technologies Inc

14. Solotica

15. Sensimed AG

16. Oculus Private Ltd

17. NeoVision

18. Interojo

19. Clerio Vision

20. MaxVue Vision

21. ST.Shine Optical Co.,Ltd.