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North America Contact Lenses Market Trends

  • Report ID: GMI12089
  • Published Date: Nov 2024
  • Report Format: PDF

North America Contact Lenses Market Trends

The North American contact lenses market is evolving with notable trends. Daily disposable lenses are becoming increasingly popular, primarily for their convenience and hygiene advantages. According to the Contact Lens Institute, daily disposables now account for over 40% of the market. Health-conscious consumers are gravitating towards innovative lens technologies, including blue light blocking features and moisture-retaining materials. Furthermore, there's a heightened emphasis on eco-friendliness, propelling the creation of biodegradable lenses. The surge in telehealth services has simplified consultations, allowing consumers to receive tailored recommendations and making the purchase of contact lenses more efficient.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The North America market size for contact lenses was valued at USD 7.6 billion in 2023 and is expected to reach USD 10.8 billion by 2032, driven by a CAGR of over 4% from 2024 to 2032.

Rigid gas permeable lenses dominated the market in 2023, generating revenue exceeding USD 6.7 billion with a CAGR of 4.1%, driven by their superior oxygen permeability and durability.

The U.S. contact lenses market generated substantial revenue of USD 6.5 billion in 2023 and is expected to reach USD 9.2 billion by 2032.

Major players in the industry include Acuvue Oasys, Alcon (Novartis), Bausch + Lomb, BenQ Materials Corporation, Carl Zeiss AG, EssilorLuxottica, EyeNetra, and Hoya Corporation.

North America Contact Lenses Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 49
  • Countries covered: 2
  • Pages: 210
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