Global Disposable Contact Lens Market 2023-2029
Disposable contact lenses are a popular type of contact lens that can be worn once and then disposed of after use. They are typically made from a combination of water-holding polymers, including hydrogel or silicone hydrogel, and are designed to be worn for a set period of time before being discarded. Disposable contact lenses come in different types, including daily disposables, weekly disposables, and monthly disposables. Daily disposable lenses are meant to be worn for a single day and then thrown away. Weekly and monthly disposables can be worn for longer periods of time before being discarded, but require proper cleaning and storage between uses. The global disposable contact lens market size is projected to grow by USD 5.3 billion from 2023 to 2029, registering a CAGR of 8.9 percent, according to the latest market data.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global disposable contact lens market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the material, usage, design, application, distribution, and region. The global market for disposable contact lens can be segmented by material: silicone hydrogel, hydrogel. In 2022, the silicone hydrogel segment made up the largest share of revenue generated by the disposable contact lens market. Disposable contact lens market is further segmented by usage: daily disposable, frequent replacement. The daily disposable segment was the largest contributor to the global disposable contact lens market in 2022. Based on design, the disposable contact lens market is segmented into: spherical contact lenses, toric contact lenses, multifocal disposable contact lenses. The spherical contact lenses segment is estimated to account for the largest share of the global disposable contact lens market. On the basis of application, the disposable contact lens market also can be divided into: corrective contact lenses, therapeutic contact lenses, cosmetic contact lenses. The corrective contact lenses segment held the largest share of the global disposable contact lens market in 2022 and is anticipated to hold its share during the forecast period. Disposable contact lens market by distribution is categorized into: retail stores, hospitals & eye clinics, online stores, others. The disposable contact lens market by region can be segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.
Market Segmentation
By material: silicone hydrogel, hydrogel
By usage: daily disposable, frequent replacement
By design: spherical contact lenses, toric contact lenses, multifocal disposable contact lenses
By application: corrective contact lenses, therapeutic contact lenses, cosmetic contact lenses
By distribution: retail stores, hospitals & eye clinics, online stores, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report explores the recent developments and profiles of key vendors in the Global Disposable Contact Lens Market, including Johnson & Johnson (J&J), Alcon Inc., Bausch & Lomb Incorporated, Cooper Cos Inc., BenQ Materials Corporation, Ginko International Co., Ltd., Hoya Corporation, INTEROJO Co., Ltd., Menicon Co., Ltd., Sensimed S.A., St. Shine Optical Co., Ltd., CARL ZEISS AG, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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