Global Therapeutic Contact Lenses Market 2023-2029

Global Therapeutic Contact Lenses Market 2023-2029

Therapeutic contact lenses are specialized medical devices designed to treat certain eye conditions and diseases. These lenses are made from soft or rigid materials and are designed to fit directly on the eye's surface. Therapeutic contact lenses are used to treat a variety of eye conditions, including corneal ulcers, dry eye syndrome, and keratoconus. They can also be used to protect the cornea after surgery or injury. The global therapeutic contact lenses market is expected to increase by USD 1.1 billion, at a compound annual growth rate (CAGR) of 4.75% from 2023 to 2029, according to the latest edition of the Global Therapeutic Contact Lenses Market Report.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global therapeutic contact lenses 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, distribution, application, and region. The global market for therapeutic contact lenses can be segmented by material: soft, rigid. The soft segment held the largest share of the global therapeutic contact lenses market in 2022 and is anticipated to hold its share during the forecast period. Therapeutic contact lenses market is further segmented by usage: daily displacement, frequent replacement. Globally, the daily displacement segment made up the largest share of the therapeutic contact lenses market. Based on distribution, the therapeutic contact lenses market is segmented into: omni channel, hospitals and eye care clinics. The omni channel segment was the largest contributor to the global therapeutic contact lenses market in 2022. On the basis of application, the therapeutic contact lenses market also can be divided into: post ocular surgery, corneal surgery/disorder, drug delivery, others. The post ocular surgery segment is estimated to account for the largest share of the global therapeutic contact lenses market. Therapeutic contact lenses market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.

Market Segmentation

By material: soft, rigid

By usage: daily displacement, frequent replacement

By distribution: omni channel, hospitals and eye care clinics

By application: post ocular surgery, corneal surgery/disorder, drug delivery, others

By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The global therapeutic contact lenses market is a concentrated industry dominated by only a few players including Alcon Inc., Bausch & Lomb Inc., Johnson & Johnson, The Cooper Companies, Inc., among others.



Scope of the Report

• To analyze and forecast the market size of the global therapeutic contact lenses market.
• To classify and forecast the global therapeutic contact lenses market based on material, usage, distribution, application, region.
• To identify drivers and challenges for the global therapeutic contact lenses market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global therapeutic contact lenses market.
• To identify and analyze the profile of leading players operating in the global therapeutic contact lenses market.

• Gain a reliable outlook of the global therapeutic contact lenses market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.