Contact Lenses Market - Forecasts from 2025 to 2030

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.

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.

According to an estimate given from WHO data, in 2023, about 2.2 billion people will be nearsighted, while an additional 1 billion will be moderately or severely visually impaired or blind due to an uncorrected refractive error. Moreover, awareness has grown for vision correction globally through national and regional governmental efforts and by industrial participants. The market for contact lenses grew on account of these. For instance, CooperVision has reported that there are around 45.0 million lens users in the US alone. Furthermore, NCBI revealed that 140.0 million people were using lenses globally in 2023.

Contact Lenses Market Geographical Outlook:

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.

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Report Coverage:

• Historical data & forecasts from 2022 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

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
• South America
• Europe
• Middle East and Africa
• Asia-Pacific