Global Disposable Contact Lens Market Overview
Disposable Contact Lens market was valued at USD 9.5 Billion in 2024 and is projected to grow at a CAGR of 15.40% to reach USD 39.8 Billion by 2034
Contact lenses are plastic lenses fitted over cornea of the eye. It gives clear and correct vision and more natural sight as compared to spectacles or glasses. Instead of using glasses, many people use lenses, owing to its high benefits like they don’t get wet when it’s rainy or cold weather, won’t fog up, and gives better sight. Contact disposable lenses can wear for daily, weekly, monthly, yearly, because of high hygienic quality and oxygen permeability. Colored contact lenses help to improve look instantly.
Global Disposable Contact Lens Market Drivers & Restraints
Rising concerns related to looks of an individual, to recover or change eye color is a key factor projected to propel growth of the global market in the coming years. Further, growing self-consciousness about appearance in the young population and increasing awareness about disposable contact lenses across the world results to high adoption of disposable contact lenses products. Additionally, advancement of new technologies such as these lenses use silicone hydrogel that enables more oxygen and successive launch of the products with advanced features lightweight, durability, permeability, and sharp vision are some other factors driving the growth of disposable contact lenses market in the near future.
However, increasing number of eye surgeries that correct nearsightedness and farsightedness via surgical procedures is a major factor expected to limit the growth of the target market in the coming years to a certain extent.
Global Disposable Contact Lens Market Segmentations & Regional Insights
Disposable contact lens market is segmented based on product type, material, design, distribution channel, and region.
On the basis of product type, the disposable contact lens market is segmented into corrective, cosmetic lens, prosthetic lens, and therapeutic lens. On the basis of material, the target market is classified into hydrogel and polymers. On the basis of design, the target market is classified into toric, spherical, bifocal, and multifocal. Based on distribution channel, the target market is classified into optical stores, multi-brand stores, independent brand stores, online retailer, and others.
Regional Insights:
On region the disposable contact lens market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific market is projected to lead the global market in terms of revenue, owing to growing adoption of disposable contact lenses products and rising demand for disposable contact lenses with presence of variety of colors among individuals due to growing disposable income in developing countries such as India, China, and Japan in the region. The market in North America is projected to witness substantial growth in the global market followed by market in Europe, due to changing consumer’s lifestyle, growing adoption of cosmetic lenses in entertainment and media sector, rising awareness for eye protection, and high penetration of leading brands particularly among female population in the countries of the region.
Disposable Contact Lens Market Report Scope:
Attribute |
Details |
Base year for estimation |
2024 |
Forecast period |
2024 – 2034 |
Market representation |
Revenue in USD Million & CAGR from 2024 – 2034 |
Market Segmentation |
By Product Type - 1 ml Corrective, Cosmetic Lens, Prosthetic Lens, and Therapeutic Lens By Material- Hydrogel and Polymers By Design-. Toric, Spherical, Bifocal, and Multifocal By Distribution Channel- Optical Stores, Multi-Brand Stores, Independent Brand Stores, Online Retailer, and Others |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest application trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the disposable contact lens market report based on product type, material, design, distribution channel, and region.
Disposable Contact Lens Market, By Product Type:
- Corrective
- Cosmetic Lens
- Prosthetic Lens
- Therapeutic Lens
Disposable Contact Lens Market, By Material:
- Hydrogel
- Polymers
Disposable Contact Lens Market, By Design:
- Toric
- Spherical
- Bifocal
- Multifocal
Disposable Contact Lens Market, By Distribution Channel:
- Optical Stores
- Multi-Brand Stores
- Independent Brand Stores
- Online Retailer
- Others
Disposable Contact Lens Market, By Region:
- North America
- Canada
- U.S.
- Europe
- Rest of Europe
- Italy
- Russia
- France
- UK
- Germany
- Asia Pacific
- Rest of Asia Pacific
- South Korea
- Japan
- India
- China
- Latin America
- Rest of Latin America
- Mexico
- Brazil
- Middle East & Africa
- Rest of Middle East & Africa
- South Africa
- Israel
- GCC
Global Disposable Contact Lens Market Competitive Landscape & Key Players
The key players operating the disposable contact lens market includes The Cooper Companies, Inc., Novartis International AG, Johnson & Johnson, Bausch Health Companies Inc., Blanchard Lab, ZEISS International, Alcon Company, and Hoya Corporation. Manufactures involved in the global market are focusing on collaborations in order to expand its market presence. For instance, in January 2019, the European contact lens manufacture Mark’ennovy declared the collaboration with the Australian contact lens producer Capricornia in order to improve the company’s expanding on Australia and also attempt to enhance logistics, fitting, customer care and distribution.
Global Disposable Contact Lens Market Company Profile
- The Cooper Companies, Inc.
- Novartis International AG
- Johnson & Johnson
- Bausch Health Companies Inc.
- Blanchard Lab
- ZEISS International
- Alcon Company
- Hoya Corporation
Global Disposable Contact Lens Market Highlights
FAQs
The disposable contact lens market is segmented based on product type, material, design, distribution channel, and region.
Upcoming trends and opportunities in the Disposable Contact Lens Market include advancements in material technology for improved comfort and prolonged wear.
The Disposable Contact Lens Market report typically considers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East.
The key players operating the disposable contact lens market includes The Cooper Companies, Inc., Novartis International AG, Johnson & Johnson, Bausch Health Companies Inc., Blanchard Lab, ZEISS International, Alcon Company, and Hoya Corporation.
Disposable Contact Lens market was valued at US$ 9.5 Billion in 2024 and is projected to grow at a CAGR of 15.40% to reach US$ 39.8 Billion by 2034.