The Business Research Company’s report on the Disposable Contact Lenses Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the disposable contact lenses market’s growth in recent years?
The increasing prevalence of myopia is expected to propel the growth of the disposable contact lens market going forward. Myopia, or nearsightedness, is a common vision condition where distant objects appear blurry while close objects can be seen clearly. The increasing prevalence of myopia is largely influenced by reduced outdoor exposure, as natural light plays a vital role in controlling eye growth and preventing excessive elongation of the eyeball. The growing prevalence of myopia boosts the demand for disposable contact lenses, providing a convenient and hygienic solution for vision correction. For instance, in October 2024, according to the Lions Eye Institute, an Australia-based non-profit organization, global myopia rates are increasing rapidly, with over 90% of Chinese university students affected and more than 6 million Australians (over 20% of the population) living with the condition. If trends persist, myopia could impact 50% of the population by 2050. Therefore, the increasing prevalence of myopia is driving the growth of the disposable contact lens market.
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How does the future projection of the disposable contact lenses market size compare to its historical growth?
The disposable contact lenses market size has grown strongly in recent years. It will grow from $7.10 billion in 2024 to $7.72 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to increasing prevalence of vision disorders, rising awareness about eye health, growing adoption of contact lenses over glasses, rising influence of digital eye strain on lens demand, and growing adoption of subscription-based lens delivery services.
The disposable contact lenses market size is expected to see strong growth in the next few years. It will grow to $10.68 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to growing demand for daily disposable lenses, increasing myopia cases among the younger population, rising preference for convenience and hygiene, expanding aging population with vision correction needs, and increasing customization and personalization of lenses. Major trends in the forecast period include technological advancements in lens materials, advancements in silicone hydrogel lenses, shift towards sustainable and biodegradable lenses, integration of smart technology in contact lenses, and advancements in moisture retention and oxygen permeability.
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Which key players are shaping the future of the disposable contact lenses market?
Major companies operating in the disposable contact lenses market are Johnson & Johnson Vision Care Inc., Carl Zeiss AG, Alcon Inc., HOYA Corporation, Bausch + Lomb Incorporated, CooperVision Inc., Menicon Co. Ltd., BenQ Materials Corporation, St.Shine Optical Co. Ltd., SEED Co. Ltd., Interojo Co. Ltd., Hubble Contacts Inc., Oculus Optikgeräte GmbH, ClearLab International, Visioneering Technologies Inc., UltraVision CLPL, Visco Vision Inc., Sensimed AG, Maxvue Vision Sdn Bhd, Shinagawa Contact Lens Co. Ltd.
What trends will propel the growth and evolution of the disposable contact lenses market?
Major companies operating in the disposable contact lenses market are focusing on advancements in lens technology, such as ProBalance technology, to gain a competitive edge in the market. ProBalance Technology is a lens innovation that incorporates moisturizing ingredients to maintain ocular surface homeostasis, reduce dryness, and enhance comfort during contact lens wear. For instance, in May 2023, Bausch + Lomb Incorporated, a US-based healthcare company, launched Infuse Multifocal silicone hydrogel daily disposable contact lenses in the US, designed to provide clear vision across all distances for presbyopic patients. The lenses feature ProBalance technology to maintain moisture and reduce dryness, addressing common issues faced by multifocal lens wearers. Made from next-generation SiHy material (kalifilcon A), they offer high breathability, comfort, and prolonged moisture retention.
Which regions are expected to become dominant players in the disposable contact lenses market?
North America was the largest region in the disposable contact lenses market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the disposable contact lenses market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the emerging key segments in the disposable contact lenses market, and how are they evolving?
The disposable contact lenses market covered in this report is segmented –
1) By Type: Cylindrical Lenses, Toric Lenses, Spherical Lenses
2) By Material: Silicon, Hydrogel, Polymers
3) By Distribution Channel: Optical Stores, Online Stores
4) By Applications: Corrective, Therapeutic, Cosmetic
Subsegments:
1) By Cylindrical Lenses: Soft Cylindrical Lenses, Rigid Gas Permeable (RGP) Cylindrical Lenses, Hybrid Cylindrical Lenses
2) By Toric Lenses: Daily Disposable Toric Lenses, Weekly Disposable Toric Lenses, Monthly Disposable Toric Lenses
3) By Spherical Lenses: Daily Disposable Spherical Lenses, Weekly Disposable Spherical Lenses, Monthly Disposable Spherical Lenses
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How is the disposable contact lenses market defined, and what are its core characteristics?
Disposable contact lenses are soft lenses designed for short-term use and discarded after a specified period, such as daily, biweekly, or monthly. They are used for vision correction or cosmetic purposes, offering convenience and reducing the risk of infections compared to reusable lenses.
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