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Saudi Arabia Contact Lens Market was valued at USD 0.34 billion in 2023 and and is expected to reach USD 0.51 billion by 2029 with a CAGR of 6.36% during the forecast period.
Pages | 83 |
Market Size | 2023: USD 0.28 Billion |
Forecast Market Size | 2029: USD 0.45 Billion |
CAGR | 2024-2029: 6.36% |
Fastest Growing Segment | Disposable Segment |
Largest Market | Northern & Central |
Key Players | 1. Al-Jamil Optical Co. 2. Cooper Vision, Inc. 3. Essilor Luxottica SA 4. Alcon Inc. 5. Johnson & Johnson 6. Monros International for General Trading & Contracting Co. (Anasthesia) 7. Golden Cala 8. Bausch Health Companies, Inc. 9. Carl Zeiss AG 10. Bella Contact Lenses |
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Unlock expert insights on Saudi Arabia Contact Lens Market, size at USD 330 million in 2023, showcasing growth opportunities driven by trends and demand analysis
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The Saudi Arabia contact lens market size is anticipated to grow at a CAGR of 5.50% during the forecast period of 2025-2034, driven by the increasing prevalence of different ocular diseases, especially amongst the geriatric population.
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Gain insights into the KSA Contact Lenses Market, size at USD 350 million in 2023, featuring industry analysis and key player segmentation.
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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 |
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CAGR (2024 to 2034) | 12.3% |
Sales Channel | Luxury Boutiques |
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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 |
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Key Countries Covered |
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Key Segments Covered |
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Key Companies Profiled in GCC Contact Lens Industry Report |
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Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities, and Trends Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
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Report Attribute/Metric | Details |
---|---|
Market Value in 2025 | USD 4.5 billion |
Revenue Forecast in 2034 | USD 9.6 billion |
Growth Rate | CAGR of 8.9% from 2025 to 2034 |
Base Year for Estimation | 2024 |
Industry Revenue 2024 | 4.1 billion |
Growth Opportunity | USD 5.5 billion |
Historical Data | 2019 - 2023 |
Forecast Period | 2025 - 2034 |
Market Size Units | Market Revenue in USD billion and Industry Statistics |
Market Size 2024 | 4.1 billion USD |
Market Size 2027 | 5.3 billion USD |
Market Size 2029 | 6.3 billion USD |
Market Size 2030 | 6.9 billion USD |
Market Size 2034 | 9.6 billion USD |
Market Size 2035 | 10.5 billion USD |
Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
Segments Covered | Material Type, Therapeutic Use, End-User Setting, Distribution Channels, Patient Demographics |
Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
Top 5 Major Countries and Expected CAGR Forecast | U.S., Japan, Germany, UK, Australia - Expected CAGR 6.5% - 9.3% (2025 - 2034) |
Top 3 Emerging Countries and Expected Forecast | India, Brazil, South Africa - Expected Forecast CAGR 8.5% - 11.1% (2025 - 2034) |
Top 2 Opportunistic Market Segments | Presbyopia and Keratoconus Therapeutic Use |
Top 2 Industry Transitions | Digital Advancements, Shift Towards Sustainable Practices |
Companies Profiled | Johnson & Johnson Vision Care Inc., CooperVision Inc., Bausch & Lomb Incorporated, Alcon Inc., STAAR Surgical Company, Menicon Co. Ltd., EssilorLuxottica SA, Hoya Corporation, SynergEyes Inc., Art Optical Contact Lens Inc., X-Cel Specialty Contacts and Blanchard Contact Lenses Inc. |
Customization | Free customization at segment, region, or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement (10% of report value) |
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Saudi Arabia E-commerce Eyewear Market size was valued at USD 200 Million in 2024 and is projected to reach USD 495.19 Million by 2032, growing at a CAGR of 12% from 2025 to 2032.
Saudi Arabia E-commerce Eyewear Market: Definition/ Overview
E-commerce eyewear refers to the online retailing of eyeglasses, contact lenses, and other vision-related products, leveraging digital platforms to reach consumers. Applications include prescription eyewear, fashion sunglasses, blue-light-blocking glasses, and virtual try-on technologies that enhance the user experience by enabling customers to visualize how glasses will look on them.
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Report Attribute/Metric | Details |
---|---|
Market Value in 2025 | USD 10.8 billion |
Revenue Forecast in 2034 | USD 22.8 billion |
Growth Rate | CAGR of 8.7% from 2025 to 2034 |
Base Year for Estimation | 2024 |
Industry Revenue 2024 | 9.9 billion |
Growth Opportunity | USD 12.9 billion |
Historical Data | 2019 - 2023 |
Forecast Period | 2025 - 2034 |
Market Size Units | Market Revenue in USD billion and Industry Statistics |
Market Size 2024 | 9.9 billion USD |
Market Size 2027 | 12.7 billion USD |
Market Size 2029 | 15.0 billion USD |
Market Size 2030 | 16.3 billion USD |
Market Size 2034 | 22.8 billion USD |
Market Size 2035 | 24.8 billion USD |
Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
Segments Covered | Material Type, Therapeutic Use, End-User Setting, Distribution Channels |
Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
Top 5 Major Countries and Expected CAGR Forecast | U.S., Japan, Germany, UK, China - Expected CAGR 6.4% - 9.1% (2025 - 2034) |
Top 3 Emerging Countries and Expected Forecast | India, Brazil, South Africa - Expected Forecast CAGR 8.4% - 10.9% (2025 - 2034) |
Top 2 Opportunistic Market Segments | Retail Pharmacies and Online Sales End-User Setting |
Top 2 Industry Transitions | Shift Towards Online Retail, Advancements in Material Technology |
Companies Profiled | Johnson & Johnson Vision Care Inc., Alcon Inc., Bausch & Lomb Incorporated, CooperVision Inc., Carl Zeiss AG, Essilor International S.A., Hoya Corporation, SEED Co. Ltd., Menicon Co. Ltd., STAAR Surgical Company, HOYA Corporation and Contamac Ltd. |
Customization | Free customization at segment, region, or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement (10% of report value) |
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The Saudi Arabia Online Eyewear Market Report is Segmented by Product Type (Spectacles, Sunglasses, and Contact Lenses), Category (Mass and Premium), End User (Men, Women, Unisex, and Kids/Teen), Platform Type (Third-Party Marketplace, and Company-Owned Platform). The Market Forecasts are Provided in Terms of Value (USD).
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Report Attribute/Metric | Details |
---|---|
Market Value in 2025 | USD 1.8 billion |
Revenue Forecast in 2034 | USD 3.4 billion |
Growth Rate | CAGR of 7.6% from 2025 to 2034 |
Base Year for Estimation | 2024 |
Industry Revenue 2024 | 1.6 billion |
Growth Opportunity | USD 1.8 billion |
Historical Data | 2019 - 2023 |
Forecast Period | 2025 - 2034 |
Market Size Units | Market Revenue in USD billion and Industry Statistics |
Market Size 2024 | 1.6 billion USD |
Market Size 2027 | 2.0 billion USD |
Market Size 2029 | 2.4 billion USD |
Market Size 2030 | 2.5 billion USD |
Market Size 2034 | 3.4 billion USD |
Market Size 2035 | 3.7 billion USD |
Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
Segments Covered | Material Type, Therapeutic Use, End-User Setting, Distribution Channels |
Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
Top 5 Major Countries and Expected CAGR Forecast | U.S., Japan, Germany, UK, China - Expected CAGR 4.9% - 7.3% (2025 - 2034) |
Top 3 Emerging Countries and Expected Forecast | Brazil, India, South Africa - Expected Forecast CAGR 8.7% - 10.5% (2025 - 2034) |
Top 2 Opportunistic Market Segments | Ophthalmology Clinics and Retail Optics End-User Setting |
Top 2 Industry Transitions | Advancements in Material Science, Digitalization and E-commerce Boom |
Companies Profiled | Johnson & Johnson Vision Care Inc., Bausch & Lomb Incorporated, Alcon Inc., CooperVision Inc., Menicon Co. Ltd., STAAR Surgical, ZEISS International, Hoya Corporation, EssilorLuxottica, Seed Co. Ltd., Oculus Private Limited and Contamac Ltd. |
Customization | Free customization at segment, region, or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement (10% of report value) |
What is the Intraocular Lens (Iols) Market Size ?
The intraocular lens market size is forecast to increase by USD 1.17 billion and is estimated to grow at a CAGR of 5.01% between 2023 and 2028. The market is experiencing significant growth due to the increasing prevalence of ophthalmic diseases and an aging population.This growth can be attributed to technological advances in IOL design and materials, such as presbyopic IOLs and multifocal IOLs, which offer improved vision quality and reduced dependence on glasses or contact lenses. Additionally, initiatives to create awareness about the benefits and advances in IOL technology are driving demand for these lenses. For instance, the American Academy of Ophthalmology's campaign 'Focus on Eye Health' aims to educate the public about the importance of regular eye exams and the availability of advanced IOLs for cataract surgery. Overall, the IOL market is poised for continued growth due to these factors and the increasing need for vision correction solutions.
Request Free Intraocular Lens (Iols) Market Sample
Market Segment
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion ' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Product Outlook
Monofocal IOL
Multifocal IOL
Toric IOL
Accommodating IOL
End-user Outlook
Hospitals
Ophthalmic clinics
Ambulatory surgery centers
Region Outlook
North America
The U.S.
Canada
Europe
U.K.
Germany
France
Rest of Europe
APAC
China
India
Middle East & Africa
Saudi Arabia
South Africa
Rest of the Middle East & Africa
Which is the Largest Segment Driving Market Growth?
The monofocal IOL segment is estimated to witness significant growth during the forecast period. Intraocular lenses (IOLs), specifically monofocal IOLs, play a crucial role in addressing vision impairment caused by cataracts and other age-related eye diseases, such as age-related macular degeneration, presbyopia, glaucoma, diabetic retinopathy, and refractive errors including myopia, hyperopia, and astigmatism.
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The monofocal IOL segment was the largest segment and valued at USD 1.42 billion in 2018. With an aging population, the demand for cataract surgery and IOL implantation is increasing. Minimally invasive surgeries have gained popularity, allowing skilled ophthalmologists to perform procedures with precision and accuracy. Monofocal IOLs are traditional lenses with a fixed focus for either near or distant vision. In cataract surgery, these lenses help adjust the focus of both eyes for distant objects, enabling patients to use reading glasses for near vision. Hence, such factors are fuelling the growth of this segment during the forecast period.
Which Region is Leading the Market?
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North America is estimated to contribute 33% 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. Intraocular lenses (IOLs) are medical devices implanted in the eye to replace the natural lens after cataract surgery. The market for IOLs encompasses various types, including multifocal and toric lenses. Multifocal IOLs provide both distance and near vision correction, while toric IOLs correct astigmatism. IOLs are predominantly made of polymethylmethacrylate (PMMA), a rigid material, but foldable, hydrophobic acrylic and hydrophilic acrylic lenses are also popular due to their ease of implantation. Silicone and collamer lenses are other materials used in IOL manufacturing. Speciality clinics specializing in ophthalmology and eye surgery drive the demand for these lenses. Hence, such factors are driving the market in North America during the forecast period.
How Technavio's company ranking index and market positioning comes to your aid?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Alcon Inc: The company offers intraocular lens such as AcrySof IQ Vivity IOL, AcrySof IQ PanOptix IOL, AcrySof IQ Monofocal IOL and AcrySof IQ Toric IOL, and Clareon Monofocal IOL and Clareon Toric IOL.
Technavio provides ranking index for the top 20 companies along with insights on market positioning of:
Alcon Inc.
Aurolab
Bausch Lomb Corp.
BVI Holdings Ltd.
Carl Zeiss AG
EyeKon Medical Inc.
HOYA CORP.
HumanOptics Holding AG
Johnson and Johnson Services Inc.
Lenstec Inc.
NanoVision
Omni Lens Pvt. Ltd.
Ophtec BV
Ophthalmic Soluti
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The Saudi Arabian e-commerce eyewear market, valued at approximately $XX million in 2025, is poised for robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 5.20% from 2025 to 2033. This expansion is fueled by several key drivers. Firstly, the burgeoning e-commerce sector in Saudi Arabia, driven by increased internet and smartphone penetration, provides a fertile ground for online eyewear sales. Secondly, the rising prevalence of vision impairments, coupled with a growing preference for convenient online shopping experiences, is significantly boosting market demand. Furthermore, the introduction of innovative eyewear designs, personalized online fitting tools, and attractive online promotions are further stimulating market growth. The market is segmented by product category (spectacles, sunglasses, contact lenses, and other products) and end-user demographics (men, women, and unisex). While the dominance of established international players like EssilorLuxottica SA and Johnson & Johnson Services Inc is notable, local and regional brands are also emerging, intensifying competition and enhancing consumer choice. However, several factors could potentially restrain market growth. Price sensitivity among consumers, concerns regarding product authenticity and online returns, and the relatively higher cost of online advertising compared to traditional methods pose challenges for market players. Additionally, the need for effective logistical solutions and secure payment gateways for online transactions remain crucial to facilitate seamless e-commerce experiences. Despite these challenges, the long-term outlook for the Saudi Arabian e-commerce eyewear market remains positive, driven by sustained economic growth, increasing disposable incomes, and a young, tech-savvy population increasingly adopting online shopping for various goods and services. The market is expected to continue its upward trajectory, with significant opportunities for both established brands and new entrants who can effectively address the identified market dynamics. Recent developments include: November 2022: Ray-Ban launched its first-ever Middle East-exclusive product, the Ray-Ban Legacy. The sunglasses came in a classic black, featuring gold detailing on the temples and a gold Ray-Ban logo. The sunglasses are a mix of modernity and ancestry, and their pair came in a custom-designed box showcasing the symbolic "shemagh" print, with the intricate packaging highlighting the brand's first Middle East exclusive., July 2022: Lenskart partnered with the Middle East and North Africa's e-commerce giant, noon.com, to expand its foothold and eyewear category across the region. Through this partnership, Lenskart is taking a step toward establishing itself as an omnichannel brand that is accessible to consumers across multiple touchpoints., February 2021: Safilo Group celebrated the Lunar New Year by unveiling a travel retail-exclusive pair of sunglasses from Jimmy Choo across the globe. The contemporary sunglass style featured a sleek, rounded, slim silhouette in acetate, and sunglasses were decorated with the "JC" Jimmy Choo logo on the temples. They came in a black, glitter, and gold color palette.. Notable trends are: Booming Online Retail Industry.
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Saudi Arabia Eye Care Market was valued at USD 978.62 Million in 2023 and is anticipated to project steady growth in the forecast period with a CAGR of 7.77% through 2029.
Pages | 80 |
Market Size | 2023: USD 978.62 Million |
Forecast Market Size | 2029: USD 1536.83 Million |
CAGR | 2024-2029: 7.77% |
Fastest Growing Segment | Eye Drops |
Largest Market | Western Region |
Key Players | 1. Johnson and Johnson Medical Saudi Arabia Limited 2. AbbVie Biopharmaceuticals GmbH 3. Novartis Saudi Arabia 4. Pfizer Saudi Limited Corporate 5. Saudi Services & Health CARE Co. Ltd. |
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Report Attribute/Metric | Details |
---|---|
Market Value in 2025 | USD 4.4 billion |
Revenue Forecast in 2034 | USD 11.4 billion |
Growth Rate | CAGR of 11.3% from 2025 to 2034 |
Base Year for Estimation | 2024 |
Industry Revenue 2024 | 3.9 billion |
Growth Opportunity | USD 7.5 billion |
Historical Data | 2019 - 2023 |
Forecast Period | 2025 - 2034 |
Market Size Units | Market Revenue in USD billion and Industry Statistics |
Market Size 2024 | 3.9 billion USD |
Market Size 2027 | 5.4 billion USD |
Market Size 2029 | 6.7 billion USD |
Market Size 2030 | 7.4 billion USD |
Market Size 2034 | 11.4 billion USD |
Market Size 2035 | 12.7 billion USD |
Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
Segments Covered | Material Type, Therapeutic Use, End-User Setting, Distribution Channels |
Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
Top 5 Major Countries and Expected CAGR Forecast | U.S., Japan, Germany, UK, China - Expected CAGR 8.2% - 11.9% (2025 - 2034) |
Top 3 Emerging Countries and Expected Forecast | Brazil, India, South Africa - Expected Forecast CAGR 10.8% - 14.1% (2025 - 2034) |
Top 2 Opportunistic Market Segments | Hospital Eye Centers and Retail Optics Stores End-User Setting |
Top 2 Industry Transitions | Technological Advancements, Shift Towards Customization |
Companies Profiled | Johnson & Johnson Vision Care Inc., Bausch & Lomb Incorporated, Alcon Inc., CooperVision Inc., Carl Zeiss AG, Essilor International S.A., Hoya Corporation, STAAR Surgical Company, Menicon Co. Ltd., SynergEyes Inc., Contamac U.S. and Seed Co. Ltd. |
Customization | Free customization at segment, region, or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement (10% of report value) |
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The size of the Saudi Arabia Ophthalmic Devices Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 7.50% during the forecast period. Due to increasing awareness regarding eye health and its diseases, the market for health care products in Saudi Arabia is registering an enormous growth. Ophthalmic devices are specially designed and developed medical instruments that are used only for diagnosing, treating, and managing eye conditions. Various types of products within this category fall under ophthalmic devices - IOLs, contact lenses, surgical instruments, diagnostic equipment, laser systems, and many more. For example, IOLs are implanted to replace a diseased, natural lens of the eye. Another refractive condition is corrected by fitting contact lenses that correct an individual's nearsightedness, farsightedness, or astigmatism in their eyes. Other forms of surgical operations that are carried out on the eyes are retina detachment surgeries, treatment of glaucoma, or removal of cataracts that will utilize surgical instruments. Some of the diagnostic tools used are an ophthalmoscope, a tonometer, and a visual field tester, which have various instruments to test on the eyes for abnormalities. These laser machines are used in refractive surgery and in the treatment of glaucoma or retinal photocoagulation. Positive factors for growth in the Saudi Arabia Ophthalmic Devices Market include: The incidence rate of eye diseases like cataracts, glaucoma, and diabetic retinopathy is increasing; hence, there is a growing demand for ophthalmic devices. Significant technology advancements and developments have made these devices more sophisticated and effective, thereby improving patient outcomes. This is giving high encouragement for the growth of this market as the Saudi Arabian government is focusing on health care and is increasing its expenditure on health. Recent developments include: In August 2022, the King Salman Humanitarian Aid and Relief Center launched the second phase of free eye surgery projects in Yemen, to combat blindness and assist patients who cannot afford the costs of treatment.. Key drivers for this market are: Increasing Prevalence of Eye Diseases, Technological Advancements in Ophthalmic Devices. Potential restraints include: Risk Associated with Ophthalmic Procedures. Notable trends are: Surgical Devices are Expected to Register a High CAGR in the Saudi Arabia Ophthalmic Devices Market During the Forecast Period.
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In 2023, purchases abroad of contact lenses decreased by -11% to 11M units, falling for the second consecutive year after two years of growth.
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The size of the Saudi Arabia E-commerce Eyewear Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.20% during the forecast period. E-commerce eyewear refers to the online retailing of optical products, including prescription glasses, sunglasses, and contact lenses. This segment has rapidly expanded due to the convenience of shopping from home and the ability to access a wide variety of brands and styles without geographical limitations. E-commerce platforms for eyewear typically offer a comprehensive range of products from high-end designer brands to more affordable options, catering to different styles and budgets. The process often starts with customers selecting frames and lenses from a digital catalog, where they can view detailed images and specifications. Many online eyewear retailers provide virtual try-on features, allowing users to upload their photos or use augmented reality to see how different frames will look on their faces. Prescription lenses can be customized according to the customer's needs, with options for single vision, bifocals, or progressive lenses. Recent developments include: November 2022: Ray-Ban launched its first-ever Middle East-exclusive product, the Ray-Ban Legacy. The sunglasses came in a classic black, featuring gold detailing on the temples and a gold Ray-Ban logo. The sunglasses are a mix of modernity and ancestry, and their pair came in a custom-designed box showcasing the symbolic "shemagh" print, with the intricate packaging highlighting the brand's first Middle East exclusive., July 2022: Lenskart partnered with the Middle East and North Africa's e-commerce giant, noon.com, to expand its foothold and eyewear category across the region. Through this partnership, Lenskart is taking a step toward establishing itself as an omnichannel brand that is accessible to consumers across multiple touchpoints., February 2021: Safilo Group celebrated the Lunar New Year by unveiling a travel retail-exclusive pair of sunglasses from Jimmy Choo across the globe. The contemporary sunglass style featured a sleek, rounded, slim silhouette in acetate, and sunglasses were decorated with the "JC" Jimmy Choo logo on the temples. They came in a black, glitter, and gold color palette.. Key drivers for this market are: Consumption of Tobacco is Rising as Cigarette Segment is Growing at a Significant Pace, Strong Penetration of Retail Distribution Network. Potential restraints include: Growing Awareness about the Harmful effects of Tobacco Products to Hamper Market Growth. Notable trends are: Booming Online Retail Industry.
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Report Attribute/Metric | Details |
---|---|
Market Value in 2025 | USD 6.0 billion |
Revenue Forecast in 2034 | USD 10.7 billion |
Growth Rate | CAGR of 6.5% from 2025 to 2034 |
Base Year for Estimation | 2024 |
Industry Revenue 2024 | 5.7 billion |
Growth Opportunity | USD 5.0 billion |
Historical Data | 2019 - 2023 |
Forecast Period | 2025 - 2034 |
Market Size Units | Market Revenue in USD billion and Industry Statistics |
Market Size 2024 | 5.7 billion USD |
Market Size 2027 | 6.9 billion USD |
Market Size 2029 | 7.8 billion USD |
Market Size 2030 | 8.3 billion USD |
Market Size 2034 | 10.7 billion USD |
Market Size 2035 | 11.4 billion USD |
Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
Segments Covered | Product Type, User Age Group, Application, Distribution Channel |
Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
Top 5 Major Countries and Expected CAGR Forecast | U.S., Japan, Germany, UK, China - Expected CAGR 4.2% - 6.2% (2025 - 2034) |
Top 3 Emerging Countries and Expected Forecast | India, Brazil, South Africa - Expected Forecast CAGR 7.5% - 9.0% (2025 - 2034) |
Top 2 Opportunistic Market Segments | Adults and Seniors User Age Group |
Top 2 Industry Transitions | Shift Towards Digital Platforms, Advent of Smart Contact Lenses |
Companies Profiled | Johnson & Johnson Vision Care Inc., CooperVision Inc., Alcon Inc., Bausch & Lomb Incorporated, SEED Co. Ltd., Menicon Co. Ltd., Hoya Corporation, EssilorLuxottica SA, MILTON Contact Lens Labs, Valley Contax Inc., Medennium and Paragon Vision Sciences |
Customization | Free customization at segment, region, or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement (10% of report value) |
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Report Attribute/Metric | Details |
---|---|
Market Value in 2025 | USD 944 million |
Revenue Forecast in 2034 | USD 2.32 billion |
Growth Rate | CAGR of 10.5% from 2025 to 2034 |
Base Year for Estimation | 2024 |
Industry Revenue 2024 | 854 million |
Growth Opportunity | USD 1.5 billion |
Historical Data | 2019 - 2023 |
Forecast Period | 2025 - 2034 |
Market Size Units | Market Revenue in USD million and Industry Statistics |
Market Size 2024 | 854 million USD |
Market Size 2027 | 1.15 billion USD |
Market Size 2029 | 1.41 billion USD |
Market Size 2030 | 1.56 billion USD |
Market Size 2034 | 2.32 billion USD |
Market Size 2035 | 2.56 billion USD |
Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
Segments Covered | Product Type, Therapeutic Use, End-User Setting, Distribution Channels, Consumer Age Group |
Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
Top 5 Major Countries and Expected CAGR Forecast | U.S., Japan, Germany, UK, China - Expected CAGR 7.7% - 11.0% (2025 - 2034) |
Top 3 Emerging Countries and Expected Forecast | India, Brazil, South Africa - Expected Forecast CAGR 10.1% - 13.1% (2025 - 2034) |
Top 2 Opportunistic Market Segments | Disinfecting Solutions and Saline Solutions Product Type |
Top 2 Industry Transitions | Digital Innovation, Focus on Sustainability |
Companies Profiled | Bausch & Lomb Incorporated, Alcon Inc., Johnson & Johnson Vision Care Inc., CooperVision Inc., Menicon Co. Ltd., Abbott Medical Optics Inc., Carl Zeiss AG, Essilor International S.A., Hoya Corporation, STAAR Surgical Company, SynergEyes Inc. and Contamac U.S. |
Customization | Free customization at segment, region, or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement (10% of report value) |
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Report Attribute/Metric | Details |
---|---|
Market Value in 2025 | USD 3.9 billion |
Revenue Forecast in 2034 | USD 7.5 billion |
Growth Rate | CAGR of 7.7% from 2025 to 2034 |
Base Year for Estimation | 2024 |
Industry Revenue 2024 | 3.6 billion |
Growth Opportunity | USD 3.9 billion |
Historical Data | 2019 - 2023 |
Forecast Period | 2025 - 2034 |
Market Size Units | Market Revenue in USD billion and Industry Statistics |
Market Size 2024 | 3.6 billion USD |
Market Size 2027 | 4.5 billion USD |
Market Size 2029 | 5.2 billion USD |
Market Size 2030 | 5.6 billion USD |
Market Size 2034 | 7.5 billion USD |
Market Size 2035 | 8.1 billion USD |
Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
Segments Covered | Material Type, Therapeutic Use, End-User Setting, Distribution Channels, Patient Age Group |
Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
Top 5 Major Countries and Expected CAGR Forecast | U.S., Japan, Germany, UK, China - Expected CAGR 5.0% - 7.4% (2025 - 2034) |
Top 3 Emerging Countries and Expected Forecast | India, Brazil, South Africa - Expected Forecast CAGR 8.9% - 10.6% (2025 - 2034) |
Top 2 Opportunistic Market Segments | Hypermetropia and Astigmatism Therapeutic Use |
Top 2 Industry Transitions | The Shift Towards Customization, Adoption of Advanced Material Technologies |
Companies Profiled | Johnson & Johnson Vision Care Inc., Bausch & Lomb Incorporated, CooperVision Inc., Menicon Co. Ltd., Alcon Inc., Essilor International S.A., Hoya Corporation, STAAR Surgical Company, ZEISS International, Contamac Ltd., SynergEyes Inc. and X-Cel Specialty Contacts |
Customization | Free customization at segment, region, or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement (10% of report value) |
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Saudi Arabia Contact Lens Market was valued at USD 0.34 billion in 2023 and and is expected to reach USD 0.51 billion by 2029 with a CAGR of 6.36% during the forecast period.
Pages | 83 |
Market Size | 2023: USD 0.28 Billion |
Forecast Market Size | 2029: USD 0.45 Billion |
CAGR | 2024-2029: 6.36% |
Fastest Growing Segment | Disposable Segment |
Largest Market | Northern & Central |
Key Players | 1. Al-Jamil Optical Co. 2. Cooper Vision, Inc. 3. Essilor Luxottica SA 4. Alcon Inc. 5. Johnson & Johnson 6. Monros International for General Trading & Contracting Co. (Anasthesia) 7. Golden Cala 8. Bausch Health Companies, Inc. 9. Carl Zeiss AG 10. Bella Contact Lenses |