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%

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%.

The revenue ranking in the 'Contact Lenses' segment of the eyewear market is led by the United States with 5.8 billion U.S. dollars, while Japan is following with 2.6 billion U.S. dollars. In contrast, Finland is at the bottom of the ranking with 38.83 million U.S. dollars, showing a difference of 5.7 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.

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).

Global Smart Contact Lens Market is Segmented by Type (Rigid Gas-Permeable, Daily-wear Soft Lenses, Extended-Wear Lenses, and Others), Application (Continuous Glucose Monitoring and Intraocular Pressure Monitoring), End User (Hospitals, Ophthalmology Clinics, and Others), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report offers the value (USD million) for the above segments.

This statistic shows the value of the global contact lens market from 2017 to 2024. In 2017, the global contact lens market was valued at approximately 11.5 billion U.S. dollars, and is forecasted to reach to 19.45 billion by 2024.

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Contact Lenses Market Size 2025-2029

The contact lenses market size is forecast to increase by USD 6.03 billion at a CAGR of 6% between 2024 and 2029.

The market is experiencing significant growth due to the increasing prevalence of vision conditions such as myopia and presbyopia, leading to a higher demand for corrective contact lenses. Soft contact lenses, primarily made of hydrogels, continue to dominate the market due to their comfort and ease of use. Advanced technologies, including daily disposable lenses and multifocal contact lenses, are gaining popularity for their convenience and improved vision correction capabilities. However, stringent regulations imposed by regulatory bodies ensure the safety and efficacy of contact lenses, which may hinder market growth. Overall, the market is expected to continue its expansion as more individuals seek effective and convenient vision care solutions.

What will be the Size of the Market During the Forecast Period?

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The market encompasses a wide range of corrective and cosmetic lenses, including soft contact lenses, RGP (rigid gas permeable) lenses, and hybrid lenses. This market caters to various vision needs, such as astigmatism, nearsightedness, farsightedness, and presbyopia. The market's growth is driven by increasing prevalence of refractive errors, a growing aging population, and the desire for cosmetic enhancement. However, factors like infection, allergy, vitamin deficiency, and eye strain can pose challenges. Technological advancements, such as CLAREN (Customized Lens Array for Refractive Error Neutralization) and VASSEN (Variable Axial Stretch System for Enhancement), continue to shape the market. Additionally, celebrity endorsements and the rise of online sales platforms contribute to market expansion.
Visual impairments, including myopia and its genetic basis, further fuel the demand for contact lenses. Eye strain and digital screen exposure are emerging concerns, necessitating the development of specialized lenses.

How is this Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Soft lenses
  Rigid gas permeable lenses
  Hybrid lenses


Distribution Channel

  Offline
  Online


Type

  Daily wear
  Extended wear
  Traditional


Variant

  Spherical
  Multifocal
  Cosmetic
  Monovision


Solution

  Opaque
  Enhancers
  Visibility tinted


Application

  Conventional
  Decorative
  Orthokeratology


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy


  APAC

    China
    India
    Japan


  Middle East and Africa



  South America

By Product Insights

The soft lenses segment is estimated to witness significant growth during the forecast period.

The market is driven by the growing demand for soft contact lenses, which accounted for the largest market share in 2021. This segment, made from hydrogels, offer greater comfort and flexibility compared to RGP lenses. These lenses are more pliable, easier to adjust, and stay in place better. The hydrogel material allows oxygen to permeate through the lens to the cornea, ensuring eye health and increased comfort. Market growth is anticipated due to the rising prevalence of refractive errors such as nearsightedness, farsightedness, and astigmatism. Additionally, market expansion is fueled by the introduction of advanced technologies, including virtual try-on technologies, subscription services, and wellness packaging.

Get a glance at the Contact Lenses Industry report of share of various segments Request Free Sample

The soft lenses segment was valued at USD 7.17 billion in 2019 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.

For more insights on the market share of various regions, Request Free Sample

Contact lenses are a popular solution for correcting refractive errors, particularly nearsightedness and farsightedness, which affect over 194 million adults In the US. The rise in digital screen usage and potential genetic predisposition are leading causes of vision impairment, contributing to the growing demand for corrective vision aids. Contact lenses offer various types, including soft, RGP, and hybrid lenses, catering to diverse vision needs. Brands like Bausch & Lomb, Alcon, CooperVision, and others dominate the market, providing multipurpose solutions and lens care products. Market value and reve

The USA Contact Lenses Market, is valued at USD 2.96 billion. This market is driven primarily by increasing awareness of vision health and growing demand for both corrective and cosmetic lenses.

The GCC contact lens industry size reached a valuation of US$ 227.1 million in 2023. Demand for contact lenses is anticipated to record a y-o-y growth of 6.2% in 2024.The industry is expected to reach US$ 241.1 million by 2024. Over the projection period 2024 to 2034.

Attributes	Key Insights
GCC Contact Lens Industry Anticipated Size (2023A)	US$ 227.1 million
GCC Contact Lens Industry Estimated Size (2024E)	US$ 241.1 million
GCC Contact Lens Industry Projected Valuation (2034F)	US$ 452.6 million
GCC Contact Lens Industry Value-based CAGR (2024 to 2034)	6.5%

2019 to 2023 GCC Contact Lens Industry Analysis Compared to 2024 to 2034

Historical CAGR (2019 to 2023)	4.7%
Forecast CAGR (2024 to 2034)	6.5%

Country-wise Insights

Country	CAGR (2024 to 2034)
United Arab Emirates	6.8%
Kingdom of Saudi Arabia	4.0%
Bahrain	12.2%
Qatar	5.2%
Kuwait	9.4%

Category-wise Insights

Product Type	Gas Permeable
CAGR (2024 to 2034)	7.1%

Design Type	Cosmetic
CAGR (2024 to 2034)	12.3%

Sales Channel	Luxury Boutiques
CAGR (2024 to 2034)	9.2%

Scope of the GCC Contact Lens Industry Research Report

Attribute	Details
GCC Contact Lens Industry Value in 2024	US$ 241.1 million
GCC Contact Lens Industry Value in 2034	US$ 452.6 million
Anticipated Growth Rate of GCC Contact Lens Industry (2024 to 2034)	6.5%
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
GCC Contact Lens Industry Analysis	US$ million for Value
Key Regions Covered	GCC
Key Countries Covered	United Arab Emirates Kingdom of Saudi Arabia Oman Qatar Kuwait
Key Segments Covered	Product Type Design Type Usage Material Sales Channel
Key Companies Profiled in GCC Contact Lens Industry Report	Johnsons & Johnsons Bausch + Lomb BENQ MATERIALS CORPORATION Contamac COOPERVISION, INC. (CooperCompanies) EssilorLuxottica HOYA Johnson & Johnson Vision Care, Inc. MPG Optical Al-Manara Optical Kanoo Opticals Yateem Opticians Muscat Optical Other Players (As Requested)
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities, and Trends Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

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 320 million units, and is forecasted to reach about 355 million units by 2021.

The Contact Lenses Market size is expected to reach a valuation of USD 44.20 billion in 2033 growing at a CAGR of 9.70%. The Contact Lenses Market research report classifies market by share, trend, demand, forecast and based on segmentation.

The statistic shows the distribution of contact lenses sales in the United States in 2017, by distribution channel. In that year, sales of contact lenses at conventional chain stores accounted for approximately 18.4 percent of the contact lens market.

The global contact lenses market size is poised to expand from USD 18.84 billion to USD 49.47 billion, exhibiting a CAGR of more than 7.7% throughout the forecast period, from 2025 to 2037. North America industry is projected to hold the largest revenue share by 2037, due to number of people who adopt contact lenses, the number of people suffering from refractive problems, and growing awareness of the benefits of vision correction therapies in the region.

The Report Covers Contact Lens Solution Manufacturers and the Market is Segmented by Solution Type (Multi-Purpose, Hydrogen Peroxide Based, and Other Solution Types), Material of Contact Lens (Gas Permeable Lens, Silicon Hydrogel, and Other Materials), Distribution Channel (E-Commerce, Retail, and Others), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Values are Provided in Terms of USD Million for above segments.

This statistic shows the market value of smart contact lenses worldwide in 2016 and 2022. In 2016, the global smart contact lens market was valued at approximately 59.92 million U.S. dollars, and is forecasted to reach to 1075.69 million dollars by 2022.

Explore the Coloured Contact Lenses Market trends! Covers key players, growth rate 10.8% CAGR, market size $6.41 Billion, and forecasts to 2034. Get insights now!

The global contact lenses market was valued at USD 14.55 billion in 2021 and is expected to grow at a CAGR of 4.5% during the forecast period.

Contact Lens Market is projected to grow at a CAGR of around 5.5% during 2022-27, says markntel advisors in their recent published research report.

The GCC Contact Lenses Market is projected to grow at a CAGR of around 4.42% during 2022-27, Published Report by MarkNtel Advisors.

Global smart contact lens market is valued at $264 Mn driven by technological advancements in healthcare, particularly in glucose monitoring systems for diabetes patients