The contact lenses market is expected to grow at a CAGR of 6.69%, reaching a market size of US$18.537 billion in 2030 from US$13.408 billion in 2025.The primary reason for the rising global demand for contact lenses is the increased incidence of refractive errors, which include myopia, hyperopia, presbyopia, and astigmatism.The rising incidence of eye disorders also adds to this demand because most of the aging population has eye disorders. The rapidly growing prospects arising from an increase in demand for cosmetic and colored lenses, which are more often purchased for aesthetic purposes, greatly affect the market growth of contact lenses. In addition, people lead more active lifestyles, so they prefer to wear contact lenses instead of glasses; this applies mainly to athletes and some people who regularly engage in sports activities.
Moreover, contact lenses offer users features, such as broadened usage without the hindrances of frames and added mobility, making them a better option for glasses. Furthermore, active individuals have become increasingly inclined towards using contact lenses as a viable alternative to their lifestyle. This trend is also spurred by constant innovation by the market participants, with the introduction of new products promising to enhance demand in the sector.
What are the Contact Lenses Market Drivers?
Increasing refractive error prevalence to increase lens penetration is contributing to the global Contact lens market growth
The common ocular disorder refractive error affects people of all ages and is generally recognized as a public health problem. Numerous studies and WHO reports stated that refractive error is the main cause of visual impairment and vision loss. Globally, vision impairment is also on the increase, mainly due to the increasing incidence of myopia and presbyopia, especially in children and adults.
Growing requirements for vision correction are anticipated to increase the global market sharePeople worldwide are having vision issues, such as astigmatism, hyperopia, and myopia, meaning nearsightedness and farsightedness. The increase in the need for corrective riding methods such as contact lenses has been accompanied by an increase in the number and effects of factors such as hereditary ones and increased screen-on time. Contact lenses are another useful and less invasive method for those who want to see well but without the burden of glasses. One of the primary driving forces for market growth is the demand for vision correction. In addition, age-associated vision problems, notably presbyopia, are becoming more common with increasing numbers of older adults. Now, presbyopic treatment contact lenses are in demand in this market.
Geographical Outlook of the Contact Lenses Market:
North America is witnessing exponential growth during the forecast period.North America is one of the biggest and most developed contact lens markets. With a strong healthcare system and widespread knowledge of vision correction options, the region comprises the United States and Canada.The demand for contact lenses is still being driven by the prevalence of vision problems like myopia and presbyopia, which are partially caused by increased screen time.In addition to medical applications, people who want to improve or alter the color of their eyes frequently use cosmetic contact lenses.
Key Launches in the Contact Lenses Market:
In November 2024, the U.S. launch of PRECISION7 ®, the only one-week replacement contact lens with the ground-breaking 7-day ACTIV-FLO ® System, was announced by Alcon, the world leader in eye care committed to helping people see brilliantly. Over half of new patients are still fitted with reusable lenses because of cost concerns, even though almost 90% of Eye Care Professionals (ECPs) think daily disposable lenses are better for their patients overall. Most optometrists concur that patients would find a one-week contact lens replacement schedule easier to understand than a two-week one. When daily disposables are not an option, PRECISION7 offers a comfortable performance breakthrough and an easy-to-remember replacement schedule.
In June 2024, the INFUSE for Astigmatism daily disposable contact lenses from Bausch + Lomb was released. The business anticipates that eye care providers will begin receiving the lenses. Osmoprotectants, electrolytes, and moisturizers are combined in silicone hydrogel lenses to maintain stable vision and eye comfort for 16 hours. To achieve that comfort, Kalifilcon A, the material used to make the lenses, combines a low modulus, a high breathability of 107 Dk/t, and an overall moisture content of 55%.
The contact lenses market is segmented and analyzed as follows:
By Type
Soft
Rigid Gas Permeable
Hybrid
Others
By Design
Spherical
Toric
Multifocal
Others
By Life
Daily disposable
Monthly
6-months
Yearly
By Application
Corrective
Therapeutic
Cosmetic
Others
By Distribution Channel
Online
Offline
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
United Kingdom
Germany
France
Italy
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Others
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