Please Wait.....
Report
North America Contact Lenses Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 - 2032
Market Report I 2024-11-04 I 210 Pages I Global Market Insights
North America Contact Lenses Market reached a valuation of USD 7.6 billion in 2023 and is projected to grow at a CAGR of 4% from 2024 to 2032. This growth is driven by rising awareness of vision health and a surge in refractive issues. Increasing demand for advanced options, such as daily disposables and specialized lenses for conditions like astigmatism and presbyopia, is fueling market expansion. Technological improvements in lens comfort, UV protection, and durability further boost adoption rates among consumers.
The expansion of e-commerce and online retail channels is another major growth contributor, as consumers increasingly favor the convenience of purchasing lenses online, often with competitive pricing. Social media and digital marketing also enable brands to reach a broader audience, especially younger consumers who prioritize accessibility and convenience.
By product type, the market is segmented into rigid gas permeable (RGP), soft contact, and hybrid lenses. RGP lenses led the market in 2023, generating revenue exceeding USD 6.7 billion, with a CAGR of 4.1%. Their popularity stems from superior oxygen permeability and durability. Increased awareness of eye health and the benefits of RGP lenses for specific conditions support demand. Additionally, advancements in RGP lens design and materials enhance comfort, making them more attractive to users.
In terms of design, the market is divided into spherical, toric, multifocal, and other designs. Spherical lenses dominated in 2023, with revenue surpassing USD 4.7 billion and a CAGR of 4.2%. Their effectiveness in correcting myopia and hyperopia has made them a popular choice. Improvements in lens materials and comfort are drawing new users and those transitioning from glasses. The availability of convenient daily disposable options also contributes to the demand for spherical lenses.
The U.S. emerged as the leading market, generating around USD 6.5 billion in revenue in 2023, and is anticipated to reach USD 9.2 billion by 2032. Growth in the U.S. is primarily driven by increasing cases of myopia and presbyopia, boosting demand for corrective lenses. The preference for daily disposable lenses due to their convenience and hygiene benefits, along with ongoing material advancements that enhance comfort and breathability, attracts more consumers to the market.
Report Content
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast parameters
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 360synopsis, 2021- 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Factors affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufacturers
3.1.6 Distributors
3.1.7 Retailers
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Key news & initiatives
3.5 Regulatory landscape
3.6 Impact forces
3.6.1 Growth drivers
3.6.1.1 Increasing prevalence of refractive errors
3.6.1.2 Increased awareness of vision health
3.6.1.3 Technological advancements in lenses
3.6.1.4 Rise of e-commerce and online sales platforms
3.6.2 Industry pitfalls & challenges
3.6.2.1 Stringent regulatory requirements
3.6.2.2 Competition from alternative vision correction methods (e.g., LASIK, glasses)
3.7 Consumer buying behavior analysis
3.7.1 Demographic trends
3.7.2 Factors affecting buying decisions
3.7.3 Consumer product adoption
3.7.4 Preferred distribution channel
3.8 Growth potential analysis
3.9 Raw material analysis
3.10 Trade analysis
3.10.1 Export data
3.10.2 Import data
3.11 Porter's analysis
3.12 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Product Type, 2021 - 2032, (USD Billion) (Million Units)
5.1 Key trends
5.2 Rigid gas permeable
5.3 Soft contact
5.4 Hybrid contact
Chapter 6 Market Estimates & Forecast, By Product, 2021 - 2032, (USD Billion) (Million Units)
6.1 Key trends
6.2 Corrective
6.3 Therapeutic lenses
6.4 Cosmetic lenses
6.4.1 Colored
6.4.2 Circle
6.5 Prosthetic lenses
Chapter 7 Market Estimates & Forecast, By Material, 2021 - 2032, (USD Billion) (Million Units)
7.1 Key trends
7.2 Hydrogel
7.2.1 HEMA hydrogel
7.2.2 Silicone hydrogel
7.3 Polymers
7.3.1 Polyvinyl alcohol
7.3.2 Rigid gas permeable
Chapter 8 Market Estimates & Forecast, By Design, 2021 - 2032, (USD Billion) (Million Units)
8.1 Key trends
8.2 Spherical
8.3 Toric
8.4 Multifocal
8.5 Others (Monovision)
Chapter 9 Market Estimates & Forecast, By Usage, 2021 - 2032, (USD Billion) (Million Units)
9.1 Key trends
9.2 Daily disposable
9.3 Weekly disposable
9.4 Monthly disposable
9.5 Annual
Chapter 10 Market Estimates & Forecast, By Distribution Channel, 2021 - 2032, (USD Million) (Million Units)
10.1 Key trends
10.2 Online
10.2.1 E commerce
10.2.2 Company websites
10.3 Offline
10.3.1 Optical stores
10.3.2 Eye care clinics
Chapter 11 Market Estimates & Forecast, By Country, 2021 - 2032, (USD Billion) (Million Units)
11.1 Key trends
11.2 U.S.
11.3 Canada
Chapter 12 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)
12.1 Acuvue Oasys
12.2 Alcon (Novartis)
12.3 Bausch + Lomb
12.4 BenQ Materials Corporation
12.5 Carl Zeiss AG
12.6 EssilorLuxottica
12.7 EyeNetra
12.8 Hoya Corporation
12.9 Johnson & Johnson Vision Care, Inc.
12.10 Menicon Co., Ltd.
12.11 Optimum Comfort
12.12 SynergEyes, Inc.
12.13 The Cooper Companies, Inc. (CooperVision)
12.14 Toric Contact Lenses, Inc.
12.15 Vision Path, Inc.
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security