The Contact Lens Market Report is Segmented by Material (Silicone Hydrogel, Hydrogel, and More), Design (Spherical, Toric, Multifocal/Progressive and More ), Usability (Daily Disposable, Weekly/Bi-Weekly, and More), Application (Vision Correction, Therapeutic, and More), Distribution Channel (Retail Optical Stores, and More), and Geography (North America, Europe and More). The Market Forecasts are Provided in Terms of Value (USD).

The market is projected to expand from USD 11.5 billion in 2025 to USD 18.9 billion by 2035, reflecting a compound annual growth rate (CAGR) of 5.4% over the forecast period.

Metric	Value
Industry Size (2024)	USD 11.5 billion
Industry Value (2035F)	USD 18.9 billion
CAGR (2025 to 2035)	5.4%

Country-Wise Per Capita Spending

Country	United States
Population (millions)	345.4
Estimated Per Capita Spending (USD)	34.80

Country	China
Population (millions)	1,419.3
Estimated Per Capita Spending (USD)	12.50

Country	Japan
Population (millions)	123.2
Estimated Per Capita Spending (USD)	27.90

Country	Germany
Population (millions)	84.1
Estimated Per Capita Spending (USD)	25.60

Country	United Kingdom
Population (millions)	68.3
Estimated Per Capita Spending (USD)	29.40

Contact Lenses Market - Global Country-Wise Outlook

Country	CAGR (2025 to 2035)
United States	7.2%

Country	CAGR (2025 to 2035)
United Kingdom	7.0%

Country	CAGR (2025 to 2035)
Germany	7.3%

Country	CAGR (2025 to 2035)
India	7.8%

Country	CAGR (2025 to 2035)
China	8.0%

Competition Outlook:Contact Lenses Market

Company Name	Estimated Market Share (%), 2024
Johnson & Johnson Vision	35-40%
Alcon	22-26%
Cooper Vision	18-22%
Bausch + Lomb	12-16%
Other Companies (combined)	10-15%

The Report Covers Global Contact Lens Market Share by Company and is segmented by Product Type (Soft contact lens, Hybrid Contact Lens, Rigid Gas Permeable Contact Lens, and Others), By Usages (Corrective Contact Lens, Therapeutic Contact Lens, Others), By Distribution channel (Spectacle Stores, Online Stores, and Others), and By Geography (North America, Europe, Asia Pacific, South America, and the Middle East & Africa).

The revenue ranking in the 'Contact Lenses' segment of the eyewear market is led by the United States with *** billion U.S. dollars, while Japan is following with *** billion U.S. dollars. In contrast, Finland is at the bottom of the ranking with ***** million U.S. dollars, showing a difference of *** billion U.S. dollars to the United States. Find other insights concerning similar markets and segments, such as a ranking by country regarding revenue in the sunglasses segment of the eyewear market and a ranking by country regarding per capita sales volume in the spectacle lenses segment of the eyewear market. The Statista Market Insights cover a broad range of additional markets.

Global Contact Lenses Market was valued at USD 21.67 Billion in 2023 and is anticipated to project impressive growth in the forecast period with a CAGR of 7.45% through 2029.

Pages	187
Market Size	2023: USD 21.67 Billion
Forecast Market Size	2029: USD 33.59 Billion
CAGR	2024-2029: 7.45%
Fastest Growing Segment	Reusable Contact Lenses
Largest Market	North America
Key Players	1.Johnson and Johnson Services Inc. 2.The CooperVision Companies Inc. 3.Alcon Inc 4.Bausch Health Companies, Inc. 5.Menicon Co., Ltd. 6.EssilorLuxottica S.A. 7.Carl Zeiss Meditech AG 8.Hoya Holdings N.V. 9.SynergEyes Inc. 10.STAAR Surgical Company 11.Seed Co., Ltd. 12.Contamac Holdings Limited 13.X-Cel Specialty Contacts 14.Cleriovision, Inc. 15.BenQ Materials Corp

Global contact lenses market size is valued at USD 0.36 billion in 2024 and is expected to reach USD 16.97 billion by 2035, growing at a CAGR of 42%.

Global Therapeutic Contact Lens Market was valued at USD 3.48 Billion in 2023 and is anticipated to project impressive growth in the forecast period with a CAGR of 7.48% through 2029.

Pages	185
Market Size	2023: USD 3.48 Billion
Forecast Market Size	2029: USD 5.34 Billion
CAGR	2024-2029: 7.48%
Fastest Growing Segment	Lotrafilcon
Largest Market	North America
Key Players	1. Alcon, Inc. 2. CooperVision, Inc. 3. Johnson & Johnson Vision 4. Bausch Health Companies Inc. 5. Carl Zeiss Meditec AG 6. SynergEyes Inc. 7. X-Cel Specialty Contacts, Inc. 8. Hoya Corporation 9. SEED Co., Ltd. 10. Menicon Co., Ltd.

The contact lenses market size was valued at USD 8.7 billion in 2024 and is projected to reach USD 16.2 billion by the end of 2037, rising at a CAGR of 6.3% during the forecast period, i.e., 2025 to 2037. North America industry is expected to hold the largest share of 35.8% of the market, driven by advanced healthcare infrastructure, high adoption rates of innovative lens technologies.

Smart contact lens industry sales are forecast to reach USD 365.08 million by 2024. It is projected that the market will reach USD 1018.1 million by 2034. A CAGR of 10.8% is predicted over the forecast period.

Attributes	Details
Smart Contact Lens Market Size (2024E)	USD 365.08 million
Smart Contact Lens Market Projected Size (2034F)	USD 1018.1 million
Value CAGR (2024 to 2034)	10.8%

Global Smart Contact Lens Market is Segmented by Material (Silicone-Hydrogel, Hydrogel and More), by Application (Glucose Monitoring, Intra-Ocular Pressure Monitoring and More), by End User (Hospitals & Ophthalmology Clinics, Home-care/Self-monitoring Consumers and More), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Market Forecasts are Provided in Terms of Value (USD).

Contact Lens Market valued at USD 21.26 billion in 2025, is anticipated to reaching USD 38.64 billion by 2032, with a steady annual growth rate of 8.9%.

United States Contact Lenses Market was valued at USD 6.15 Billion in 2024 and is expected to reach USD 8.77 Billion by 2030 with a CAGR of 6.06%.

Pages	80
Market Size	2024: USD 6.15 Billion
Forecast Market Size	2030: USD 8.77 Billion
CAGR	2025-2030: 6.06%
Fastest Growing Segment	Reusable Contact Lenses
Largest Market	South Region
Key Players	1. CooperVision, Inc. 2. Bausch Health Companies, Inc. 3. Alcon, Inc. 4. Johnson & Johnson Service Inc. 5. Carl Zeiss Inc. 6. EssilorLuxottica USA 7. Menicon America, Inc. 8. SynergEyes, Inc. 9. X-Cel Specialty Contacts 10. STAAR Surgical Company

The global contact lenses market size stood at a value of approximately USD 14.78 Billion in 2024. The market is further expected to grow at a CAGR of 7.10% in the forecast period of 2025-2034 to attain a value of around USD 29.35 Billion by 2034. The contact lenses market is expanding due to the increasing prevalence of refractive errors such as myopia, hyperopia, presbyopia, and astigmatism. As more people seek corrective solutions for these conditions, the demand for contact lenses continues to rise. The growing awareness of the significance of vision health care also plays a vital role in this growth. Innovations in lens design, comfort, and convenience, along with advancements in technology, are driving the market. Additionally, the rise in lifestyle-related eye conditions and the increasing adoption of contact lenses for cosmetic reasons further contribute to the market's expansion.

This statistic shows the estimated market size of contact lenses in North America from 2013 to 2021, by type. In 2016, the North American soft contact lenses market size was about *** million units, and is forecasted to reach about *** million units by 2021.

Contact Lenses Market Outlook

According to our latest research, the global Contact Lenses market size reached USD 10.8 billion in 2024, reflecting robust growth driven by increasing prevalence of vision impairment and the rising adoption of advanced lens technologies. The market is projected to expand at a CAGR of 5.7% from 2025 to 2033, reaching a forecasted size of USD 18.1 billion by 2033. Key growth factors include heightened awareness of eye health, technological advancements in lens materials, and the growing popularity of cosmetic and specialty contact lenses.

The primary growth driver for the Contact Lenses market is the escalating incidence of refractive errors such as myopia, hyperopia, astigmatism, and presbyopia globally. With the World Health Organization estimating that over 2.2 billion people have some form of vision impairment, the demand for corrective contact lenses continues to surge. Moreover, the increasing screen time associated with digital device usage has contributed to the early onset of vision problems, especially among younger demographics. This trend has prompted both established and emerging market players to innovate and introduce a variety of lenses tailored to diverse vision correction needs, further fueling market expansion.

Technological advancements in contact lens materials and manufacturing processes have significantly contributed to market growth. The introduction of silicone hydrogel and other advanced polymers has improved oxygen permeability, comfort, and wear time, addressing some of the traditional limitations associated with contact lenses. Additionally, smart contact lenses equipped with sensors for health monitoring and drug delivery are gaining traction, opening new avenues for therapeutic applications. These innovations not only enhance user experience but also expand the scope of contact lenses beyond vision correction, attracting a broader consumer base and driving sustained market growth.

Another substantial growth factor is the rising popularity of cosmetic and colored contact lenses, particularly among the younger population and in emerging markets. Cosmetic lenses, which alter the appearance of the eyes without necessarily correcting vision, are increasingly being adopted for fashion and aesthetic purposes. This trend is further amplified by aggressive marketing campaigns, celebrity endorsements, and the proliferation of online retail channels. The combination of functional benefits and aesthetic appeal is making contact lenses a preferred choice over traditional eyewear, thus boosting overall market demand.

Regionally, North America currently leads the Contact Lenses market due to high consumer awareness, advanced healthcare infrastructure, and widespread adoption of premium lens products. However, the Asia Pacific region is emerging as a lucrative market, driven by a large population base, increasing disposable incomes, and a rising prevalence of vision disorders. Europe also holds a significant share, supported by favorable reimbursement policies and a strong presence of key industry players. Latin America and the Middle East & Africa are witnessing gradual growth, primarily due to improving access to eye care and expanding retail networks.

Product Type Analysis

The Product Type segment of the Contact Lenses market is categorized into Soft Contact Lenses, Rigid Gas Permeable (RGP) Contact Lenses, Hybrid Contact Lenses, and Others. Among these, Soft Contact Lenses dominate the market, accounting for over 65% of the global revenue in 2024. Their widespread popularity is attributed to superior comfort, ease of adaptation, and a broad range of corrective options. Soft lenses, typically made from hydrogel or silicone hydrogel materials, have become the standard choice for both new and existing users due to their flexibility and high oxygen permeability, which minimizes the risk of hypoxia and related complications.

Global Coloured Contact Lenses market size is expected to reach $6.41 billion by 2029 at 10.8%, segmented as by product type, soft contact lenses, rgp lenses, hybrid lenses

Overview

New York, NY – June 17, 2025 – Global Contact Lenses Market size is expected to be worth around US$ 28.3 Billion by 2034 from US$ 16.7 Billion in 2024, growing at a CAGR of 5.4% during the forecast period from 2025 to 2034. In 2024, North America led the market, achieving over 45.5% share with a revenue of US$ 7.5 Billion.

The global contact lenses market is experiencing consistent growth, fueled by increasing cases of refractive errors, rising consumer preference for aesthetics, and advancements in lens technology. Contact lenses are widely used for vision correction, therapeutic applications, and cosmetic enhancement. The growing geriatric population and rising screen time among younger demographics have contributed to a higher prevalence of myopia and astigmatism, increasing the need for corrective lenses.

Soft contact lenses dominate the market due to their comfort and flexibility, accounting for a major share of global sales. Daily disposable lenses are gaining popularity, particularly in developed regions, due to convenience and improved hygiene. Meanwhile, demand for colored and cosmetic lenses continues to grow, especially among younger consumers in Asia-Pacific.

Technological innovations, including the development of smart lenses with embedded sensors and drug delivery capabilities, are expected to open new market opportunities. Major manufacturers are investing in research and partnerships to expand product offerings and improve lens comfort and oxygen permeability. Regionally, North America holds the leading share due to high consumer awareness and established optometric services. However, the Asia-Pacific region is projected to witness the fastest growth due to increasing urbanization, expanding middle-class population, and improved access to eye care.

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The USA Contact Lenses Market size is USD 2.96 billion in 2023, driven by market trends, industry analysis, and growth opportunities. Explore key players and future outlook.

As per Cognitive Market Research's latest published report, the Global Contact Lenses market size was $7.4 Billion in 2022 and it is forecasted to reach $10.2 Billion by 2030. Contact Lenses Industry's Compound Annual Growth Rate will be 5.9% from 2023 to 2030. Factors Affecting Contact Lenses Market Growth

Growing vision problem drive the market growth

In order to correct vision problems such as myopia, hyperopia, cataracts, and astigmatism, contact lenses are used. Additionally, it is projected that the expansion of the contact lens market would be fuelled by the rise in myopia occurrences and rising costs for ophthalmic products like contacts, which are used to treat refractive defects. Due to the increased prevalence of eye conditions like myopia across all age groups, there is a significant need for contact lenses. The acceptance of Contact Lenses Marketplace is additionally rising due to the increasing number of product releases and inventions, such as the creation of a dynamic soft contact lens market with cutting-edge technology.

Growing geriatric population

The level of incidence of vision-related challenges is higher in the older population. The main health concern for this population worldwide is retinal loss. Furthermore, the incidence of ophthalmic illnesses is increasing due to the aging population, and the majority of those who have vision impairment are older than 50. The growing in elderly population drives the contact lens market.

The Restraining Factor of Contact Lenses:

Accessibility of alternative treatment

The excessive use of the lens can create harmful effects like infection, corneal oedema, red eye and other. Such side effects are the reason for people to choose the alternative treatment. Alternative treatment like eyeglasses, surgery and other which have less cleaning of eye, no risk for infection and affordable. Lack of insurance for devices also hampers the growth of the market. The alternative treatment lowers the profit of the market.

Opportunities on Contact lenses:

Potential Revenue Potential for Smart Contact Lenses Through Innovation, Technology, and Targeted Services:

The contact lens industry has the possibility to transform both healthcare and use technology. Innovative contact lenses offer a variety of unmet advantages and prospects due to substantial improvements in wearable and health technologies. A few of the avenues that will spur creativity and progress in this sector include development into new geographies, the addition of new capabilities and features, a subscription service structure, specific remedies for older people, and additional amenities to improve the customer experience.

Impact of the COVID-19 pandemic on the contact lenses market:

Due to a decline in eye care consultations as a result of fewer people visiting hospitals and clinics, the COVID-19 pandemic had a substantial influence on the industry under study. For instance, there was a roughly 80% initial drop in ophthalmology visits, according to data from the American Academy of Ophthalmologic that was published in August 2020. In the United States, there has been a cumulative 40% drop in ophthalmology visits as of mid-June. According to a January 2021 Optometry Times Journal article, the COVID-19 pandemics circulating in 2020 caused an overall reduction in contact lens preference. Avoiding contacting the areas around the eyes and face due to the possibility of contracting the SARS-CoV-2 virus was a key component in this. As a result, there was less of a need for contact lenses throughout the pandemic. However, the market for contact lenses is anticipated to expand significantly during the projected time due to widespread immunisations and a decline in COVID-19 occurrences. Introduction of Contact Lenses

Contact lenses are used to correct the vision problem. They are thin and placed on the surface of the eye. Contact lenses can assist in the correction of refractive errors by altering the cornea and the eye's lens' focusing capacity. Contact lenses are a safe and effective way to improve vision when used properly and underneath the right supervision. The two main categories of contact lenses are hard lenses and soft lenses. Both of them have special advantages, and some even have bifocals, ultraviolet protection, or coloured tints. Rigid contact lenses are more robust than soft lenses and hence m...

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Soft Contact Lens Market Size 2024-2028

The soft contact lens market size is forecast to increase by USD 2.77 billion at a CAGR of 5.91% between 2023 and 2028.

The contact lens market In the vision care industry experiences significant growth due to several key factors. The number of individuals diagnosed with eye disorders continues to rise, leading to a higher demand for corrective contact lenses. Hydrogel contact lenses, in particular, have gained popularity due to their comfort and ease of use. Another trend influencing market growth is the increasing preference for daily disposable contact lenses, which offer convenience and improved eye health. However, challenges such as lack of awareness and limited access to eye care services for those with eye disorders remain. These factors collectively shape the dynamics of the contact lens market, making it an intriguing space for growth and innovation.

What will be the Size of the Soft Contact Lens Market during the Forecast Period?

Request Free SampleThe market encompasses a significant segment of the vision care industry, characterized by continuous innovation and growth. These lenses, made primarily from hydrogels and oxygen-permeable polymers, cater to various refractive errors, including myopia, astigmatism, and presbyopia. The market's expansion is driven by the increasing prevalence of eye disorders, such as age-related cataracts, macular degeneration, and presbyopia, particularly withIn the geriatric population. Soft contact lenses offer advantages over prescription eyeglasses, including improved aesthetic appeal and greater convenience for users. Technological advancements, including the integration of electronic gadgets and laser technology, further enhance the functionality and comfort of soft contact lenses. The market's size is substantial, with both disposable and reusable lenses contributing to its growth.Contact lens manufacturers continue to invest in research and development to address unmet needs and expand their product offerings.

How is this Soft Contact Lens Industry segmented and which is the largest segment?

The soft contact lens industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ProductDaily soft contact lensWeekly replacement lensMonthly replacement lensOthersApplicationCorrective lensTherapeutic lensCosmetic lensGeographyNorth AmericaUSEuropeGermanyUKAPACChinaJapanSouth AmericaMiddle East and Africa

By Product Insights

The daily soft contact lens segment is estimated to witness significant growth during the forecast period. Soft contact lenses, particularly daily disposable ones, have witnessed growing demand due to their convenience and comfort. Manufacturers are increasingly focusing on producing soft contact lenses, as opposed to hard ones, to cater to consumer preferences. In March 2023, CooperVision, a subsidiary of The Cooper Companies Inc., introduced the first daily disposable lenses featuring the company's DigitalBoost aspheric design and Aquaform material technology. These lenses, named MyDay Energys, offer enhanced comfort and reduced eye strain for users, addressing the needs of individuals who extensively use digital devices. MyDay Energys lenses incorporate a +0.3D power boost to ease eye muscle strain when focusing between various distances.Materials used in soft contact lenses include hydrogels and oxygen-permeable polymers, such as PMMA. Soft contact lenses correct refractive errors, including astigmatism and presbyopia, and address eye disorders like myopia, cataracts, age-related cataracts, macular degeneration, glaucoma, and diabetic retinopathy. The vision care industry continues to expand, with contact lenses and prescription eyeglasses offering aesthetic appeal in addition to functional benefits. Contact lens manufacturers aim to meet the diverse needs of consumers through the production of disposable and reusable lenses.

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The Daily soft contact lens segment was valued at USD 2.47 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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Refractive errors, such as myopia and hyperopia, are prevalent vision issues In the US, affecting over 15% of the North American population. The rise in digital screen usage among teenagers and adults contributes to an increase in vision impairment. Genetics also plays a role, with