Sample - Contact Lenses Market Analysis and Segment Forecasts To 2025

MARKET ESTIMATES & TREND ANALYSIS
Contact Lenses Market

Market, By Product Type (RPG, Soft, Hybrid)
Market, By Design Type (Spherical, Toric, Multifocal & Others)
Market, By Usage Type (Corrective, Therapeutic, Prosthetic, Lifestyle-oriented)
Market, By Regions (North America, Europe, Asia Pacific, South America, MEA)
Contact lenses market analysis and segment forecasts to 2025
ABOUT US
RAND VIEW RESEARCH is a market research and consulting company that provides
G syndicated research reports, customized research reports, and consulting services. To

help clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries including
Healthcare, Technology, Chemicals, Materials, and Energy. With a deep-seated
understanding of many business environments, Grand View Research provides strategic
objective insights. We periodically update our market research studies to ensure our clients get
the most recent, relevant, and valuable information. Grand View Research has a strong base of
analysts and consultants from assorted areas of expertise. Our industry experience and ability to
zero-in on the crux of any challenge gives you and your organization the ability to secure a
competitive advantage.
Copyright © 2017 Grand View Research Inc., USA

All Rights Reserved. This document contains highly confidential information and is the sole
property of Grand View Research. No part of it may be circulated, copied, quoted, or
otherwise reproduced without the approval of Grand View Research.
2
Back to Table of Contents
©Grand View Research, Inc., USA. All Rights Reserved.

Table of Contents
Chapter 1 Methodology and Scope

1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary

2.1 Contact Lenses – Industry snapshot & key buying criteria, 2014-2025
Chapter 3 Industry Outlook

3.1 Market Segmentation & Scope
3.2 Contact Lenses Market Size and Growth Prospects (Volume – Thousand units)
3.3 Contact Lenses - Value Chain Analysis
3.4 Market Dynamics
3.4.1 Market driver analysis
3.4.1.1 Increasing number of ophthalmic disorders
3.4.1.2 Growing plano sunglasses market
3.4.1.3 Increasing demand in outdoor activities
3.4.2 Market restraint analysis
3.4.2.1 Growing acceptance of refractive surgeries
3.4.2.2 Contact lens-associated problems
3.5 Penetration & Growth Prospect Mapping
3.6 Industry Analysis – Porter’s
3.7 Contact Lenses Market– Key Company Analysis, 2016
3.7.1 Key company analysis, 2016
3.7.2 List of key market players
3.8 Contact Lenses - PEST Analysis
3.9 Soft Lens – Adoption Trends
3.10 Drug Eluting Contact lenses
3.11 Contact Lenses – Consumer Brand Preference & Distribution Channel Analysis
Chapter 4 Contact lenses: Product Type Estimates and

Trend Analysis
4.1 Contact Lenses Market: Product-Type Movement Analysis
4.1.1 Rigid Gas Permeable (RGP) Lens

3
4.1.2 Soft Lens

4.1.3 Hybrid Lens
Chapter 5 Contact lenses: Design Type Estimates and Trend

Analysis
5.1 Contact Lenses Market: Design-Type Movement Analysis
5.1.1 Spherical Lens
5.1.2 Toric Lens
5.1.3 Multifocal Lens
5.1.4 Other lens
Chapter 6 Contact lenses: Usage Type Estimates and Trend

Analysis
6.1 Contact Lenses Market: Usage-Type Movement Analysis
6.1.1 Corrective Lens
6.1.2 Therapeutic Lens
6.1.3 Cosmetic Lens
6.1.4 Prosthetic Lens
6.1.5 Lifestyle-oriented Lens
Chapter 7 Contact lenses: Regional Estimates & Trend

Analysis
7.1 Contact lenses market share by region, 2016 & 2025
7.2 North America
7.2.1 North America market place: Key takeaways
7.2.2 U.S.
7.2.3 Canada
7.2.4 Mexico
7.3 Europe
7.3.1 Europe contact lenses market place: Key takeaways
7.3.2 Europe contact lenses market, 2014 – 2025
7.3.3 UK
7.3.4 Germany
7.3.5 France
7.4 Asia Pacific
7.4.1 Asia Pacific contact lenses market place: Key takeaways
7.4.2 Asia Pacific contact lenses market, 2014 – 2025

4
7.4.3 China
7.4.4 Japan
7.4.5 India
7.5 South America
7.5.1 South America contact lenses market place: Key takeaways
7.5.2 South America contact lenses market, 2014 – 2025
7.5.3 Brazil
7.6 MEA
7.6.1 MEA contact lenses market place: Key takeaways
7.6.2 MEA contact lenses market, 2014 – 2025
Chapter 8 Competitive Landscape

8.1 Abbott Medical Optics, Inc. (a subsidiary of Abbott Laboratories, Inc.)
8.1.1 Company overview
8.1.2 Financial performance
8.1.3 Product benchmarking
8.1.4 Recent developments
8.2 Alcon Laboratories, Inc. (a subsidiary of Novartis International AG)
8.3 Bausch + Lomb, Incorporated (a subsidiary of Valeant International, Inc.)
8.4 Carl Zeiss AG (a subsidiary of Stiftung)
8.5 Contamac U.S., Inc.
8.6 CooperVision, Inc. (a subsidiary of Cooper Companies, Inc.)

5

8.6.2 Financial performance of Cooper Companies, Inc.
8.7 Essilor International S.A.
8.8 Hoya Corporation
8.9 Johnson & Johnson Vision Care, Inc. (a subsidiary of Johnson & Johnson)
8.9.2 Financial performance of Johnson & Johnson
8.11 Medennium
8.12 Seed Co., Ltd.
8.13 STAAR Surgical Company
8.14 SynergEyes, Inc.

6

8.15 X-Cel Specialty Contacts (a subsidiary of Walman Company)
List of Tables
TABLE 1 Contact Lenses – Industry snapshot & key buying criteria, 2014-2025
TABLE 2 Global contact lenses market (Volume & Revenue), in Million units and USD
Million respectively, 2014 – 2025
TABLE 3 Global contact lenses market by region, (Million Units), 2014 – 2025
TABLE 4 Global contact lenses market by region, (USD Million), 2014 – 2025
TABLE 5 Global contact lenses market by product type, (USD Million), 2014 – 2025
TABLE 6 Global contact lenses market by design, (USD Million), 2014 – 2025
TABLE 7 Global contact lenses market by usage, (USD Million), 2014 – 2025
TABLE 8 Contact lenses - Key market driver impact
TABLE 9 List of key market players
TABLE 10 Global RGP contact lens market, 2014 - 2025 (USD Million)
TABLE 11 Global RGP contact lens market by region, 2014 – 2025 (USD Million)
TABLE 12 Global soft contact lens market, 2014 - 2025 (USD Million)
TABLE 13 Global soft contact lens market by region, 2014 – 2025 (USD Million)
TABLE 14 Global hybrid contact lens market, 2014 - 2025 (USD Million)
TABLE 15 Global hybrid contact lens market by region, 2014 – 2025 (USD Million)
TABLE 16 Global spherical contact lens market, 2014 - 2025 (USD Million)
TABLE 17 Global spherical contact lens market by region, 2014 – 2025 (USD Million)
TABLE 18 Global toric contact lens market, 2014 - 2025 (USD Million)
TABLE 19 Global toric contact lens market by region, 2014 – 2025 (USD Million)
TABLE 20 Global multifocal contact lens market, 2014 - 2025 (USD Million)
TABLE 21 Global multifocal contact lens market by region, 2014 – 2025 (USD Million)
TABLE 22 Global other contact lens market, 2014 - 2025 (USD Million)
TABLE 23 Global other contact lens market by region, 2014 – 2025 (USD Million)
TABLE 24 Global corrective contact lens market, 2014 - 2025 (USD Million)
TABLE 25 Global corrective contact lens market by region, 2014 – 2025 (USD Million)
TABLE 26 Global therapeutic contact lens market, 2014 - 2025 (USD Million)
TABLE 27 Global therapeutic contact lens market by region, 2014 – 2025 (USD Million)
TABLE 28 Global cosmetic contact lens market, 2014 - 2025 (USD Million)
TABLE 29 Global cosmetic contact lens market by region, 2014 – 2025 (USD Million)
TABLE 30 Global prosthetic contact lens market, 2014 - 2025 (USD Million)

7
TABLE 31 Global prosthetic contact lens market by region, 2014 – 2025 (USD Million)
TABLE 32 Global lifestyle-oriented contact lens market, 2014 - 2025 (USD Million)
TABLE 33 Global lifestyle-oriented contact lens market by region, 2014 – 2025 (USD Million)
TABLE 34 North America contact lenses market, 2014 – 2025 (USD Million)
TABLE 35 North America contact lenses market by product type, 2014 – 2025 (USD Million)
TABLE 36 North America contact lenses market by design, 2014 – 2025 (USD Million)
TABLE 37 North America contact lenses market by usage, 2014 – 2025 (USD Million)
TABLE 38 U.S. contact lenses market, 2014 – 2025 (USD Million)
TABLE 39 U.S. contact lenses market by product type, 2014 – 2025 (USD Million)
TABLE 40 U.S. contact lenses market by design, 2014 – 2025 (USD Million)
TABLE 41 U.S. contact lenses market by usage, 2014 – 2025 (USD Million)
TABLE 42 Canada contact lenses market, 2014 – 2025 (USD Million)
TABLE 43 Canada contact lenses market by product type, 2014 – 2025 (USD Million)
TABLE 44 Canada contact lenses market by design, 2014 – 2025 (USD Million)
TABLE 45 Canada contact lenses market by usage, 2014 – 2025 (USD Million)
TABLE 46 Mexico contact lenses market, 2014 – 2025 (USD Million)
TABLE 47 Mexico contact lenses market by product type, 2014 – 2025 (USD Million)
TABLE 48 Mexico contact lenses market by design, 2014 – 2025 (USD Million)
TABLE 49 Mexico contact lenses market by usage, 2014 – 2025 (USD Million)
TABLE 50 Europe contact lenses market, 2014 – 2025 (USD Million)
TABLE 51 Europe contact lenses market by product type, 2014 – 2025 (USD Million)
TABLE 52 Europe contact lenses market by design, 2014 – 2025 (USD Million)
TABLE 53 Europe contact lenses market by usage, 2014 – 2025 (USD Million)
TABLE 54 UK contact lenses market, 2014 – 2025 (USD Million)
TABLE 55 UK contact lenses market by product type, 2014 – 2025 (USD Million)
TABLE 56 UK contact lenses market by design, 2014 – 2025 (USD Million)
TABLE 57 UK contact lenses market by usage, 2014 – 2025 (USD Million)
TABLE 58 Germany contact lenses market, 2014 – 2025 (USD Million)
TABLE 59 Germany contact lenses market by product type, 2014 – 2025 (USD Million)
TABLE 60 Germany contact lenses market by design, 2014 – 2025 (USD Million)
TABLE 61 Germany contact lenses market by usage, 2014 – 2025 (USD Million)
TABLE 62 France contact lenses market, 2014 – 2025 (USD Million)
TABLE 63 France contact lenses market by product type, 2014 – 2025 (USD Million)
TABLE 64 France contact lenses market by design, 2014 – 2025 (USD Million)
TABLE 65 France contact lenses market by usage, 2014 – 2025 (USD Million)
TABLE 66 Asia Pacific contact lenses market, 2014 – 2025 (USD Million)
TABLE 67 Asia Pacific contact lenses market by product type, 2014 – 2025 (USD Million)
TABLE 68 Asia Pacific contact lenses market by design, 2014 – 2025 (USD Million)
TABLE 69 Asia Pacific contact lenses market by usage, 2014 – 2025 (USD Million)

8
TABLE 70 China contact lenses market, 2014 – 2025 (USD Million)

TABLE 71 China contact lenses market by product type, 2014 – 2025 (USD Million)
TABLE 72 China contact lenses market by design, 2014 – 2025 (USD Million)
TABLE 73 China contact lenses market by usage, 2014 – 2025 (USD Million)
TABLE 74 Japan contact lenses market, 2014 – 2025 (USD Million)
TABLE 75 Japan contact lenses market by product type, 2014 – 2025 (USD Million)
TABLE 76 Japan contact lenses market by design, 2014 – 2025 (USD Million)
TABLE 77 Japan contact lenses market by usage, 2014 – 2025 (USD Million)
TABLE 78 India contact lenses market, 2014 – 2025 (USD Million)
TABLE 79 India contact lenses market by product type, 2014 – 2025 (USD Million)
TABLE 80 India contact lenses market by design, 2014 – 2025 (USD Million)
TABLE 81 India contact lenses market by usage, 2014 – 2025 (USD Million)
TABLE 82 South America contact lenses market, 2014 – 2025 (USD Million)
TABLE 83 South America contact lenses market by product type, 2014 – 2025 (USD Million)
TABLE 84 South America contact lenses market by design, 2014 – 2025 (USD Million)
TABLE 85 South America contact lenses market by usage, 2014 – 2025 (USD Million)
TABLE 86 Brazil contact lenses market, 2014 – 2025 (USD Million)
TABLE 87 Brazil contact lenses market by product type, 2014 – 2025 (USD Million)
TABLE 88 Brazil contact lenses market by design, 2014 – 2025 (USD Million)
TABLE 89 Brazil contact lenses market by usage, 2014 – 2025 (USD Million)
TABLE 90 MEA contact lenses market, 2014 – 2025 (USD Million)
TABLE 91 MEA contact lenses market by product type, 2014 – 2025 (USD Million)
TABLE 92 MEA contact lenses market by design, 2014 – 2025 (USD Million)
TABLE 93 MEA contact lenses market by usage, 2014 – 2025 (USD Million)
List of Figures
FIG. 1 Market segmentation & scope
FIG. 2 Contact lenses market size and growth prospects (Volume - Thousand units)
FIG. 3 Contact lenses - Value chain analysis
FIG. 4 Contact lenses – Distribution channel analysis
FIG. 5 Market dynamics
FIG. 6 Contact lenses market dynamics, 2025
FIG. 7 Porter’s five forces analysis
FIG. 8 Contact lenses – Key company analysis, 2016
FIG. 9 Contact lenses - PEST analysis
FIG. 10 Soft contact lenses — Recommendation/Prescription analysis, 2016
FIG. 11 Contact lenses — Purchase analysis
FIG. 12 Contact lenses — Consumer behavior analysis
FIG. 13 Contact lens market: Product-type movement analysis
FIG. 14 Contact lens market: Design-type movement analysis

9
FIG. 15 Contact lens market: Usage-type movement analysis

FIG. 16 Regional market place: Key takeaways
FIG. 17 Regional outlook, 2016 & 2025
FIG. 18 North America market place: Key takeaways
FIG. 19 Europe contact lenses market place: Key takeaways
FIG. 20 Asia Pacific contact lenses market place: Key takeaways
FIG. 21 South America contact lenses market place: Key takeaways
FIG. 22 MEA contact lenses market place: Key takeaways

10
Chapter 1 Methodology and Scope
1.1 Research Methodology
We implement a mix of primary and secondary research for our market estimate and forecast.
Secondary research forms the initial phase of our study, where we conducted extensive data
mining, referring to verified data sources such as independent studies, government and regulatory
published material, technical journals, trade magazines and paid data sources such as Hoover’s,
Factiva, ICIS and so on. This forms the basis of our estimates.
For forecasting, the following parameters were considered,
• Market drivers and restraints, along with their current and expected impact
• Technological scenario and expected developments
• End-use industry trends and dynamics
• Trends in consumer behavior
We assigned weights to these parameters and have quantified their market impact using weighted
average analysis, to derive an expected market growth rate.
All our estimates and forecasts were verified through exhaustive primary research with Key
Industry Participants (KIPs) which typically include,
• Market leading companies

• Technology providers
The key objectives of primary research are as follows,
• To validate our data in terms of accuracy and acceptability

• To gain an insight in to the current market and future expectations
1.2 Research Scope & Assumptions
• The report provides market estimates for base year 2016 and a yearly forecast to 2025 in
terms of revenue (USD Million) unless stated otherwise. Market for each product and
material has been provided on a regional basis for the above-mentioned forecast period.
• Key industry dynamics, regulatory scenario, major product and material are evaluated to
understand their impact on demand for the forecast period. Growth rates were estimated

11
using correlation, regression and time-series analysis.

• We have used a bottom-up approach for market sizing, analyzing key regional markets,
dynamics and trends for various products and materials. Global market has been
estimated by integrating regional markets.
• Market estimates have mainly been based on feedback obtained through primary
interviews with key industry participants.
• Inflation has not been accounted for in order to estimate the market.
• Numbers may not add up due to rounding off.
• On the basis of product type, contact lenses are categorized into – RPG contact lens,
Soft contact lens, and Hybrid contact lens
• Based on the design type, contact lenses are segmented into Spherical, Toric, Multifocal
& Other contact lenses
• On the basis of usage type, contact lenses are categorized into – Corrective, Therapeutic,
Prosthetic, Lifestyle-oriented contact lenses
• North America regional contact lens market includes the U.S., Canada and Mexico
• Europe regional contact lens market includes UK, Germany
• Asia Pacific regional contact lens market includes Japan, China and India markets
• South America regional contact lens market includes Brazil.
• The Middle East and Africa regional contact lens market includes Middle East and
African countries.
1.3 List of Data Sources
List of secondary sources include but are not limited to:
• Contact Lens Spectrum,

• Academy for Eyecare Excellence,
• Association of Contact Lens Manufacturers (ACLM),
• American Optometric Association,
• Optometric Management
List of primary sources include but are not limited to:
• xxxxxxxxxxxxxxx.

12

13
Chapter 2 Executive Summary
Contact lenses manufacturers are providers for wholesale

distributors as well as retail distributors. Manufacturers distribute
their contact lenses through a variety of channels. Sellers can be
grouped into a number of different categories marked by their mode
of selling, commercial focus, and professional credentials.
Corrective contact
lenses are used to a
large extent in order Corrective contact lenses are used to a large extent in order to
to correct refractive correct refractive errors and compensate for visual deficiencies such
errors and
as myopia, hypermetropia/hyperopia, presbyopia and astigmatism.
compensate for
visual deficiencies
such as myopia
hypermetropia/hyper
opia, presbyopia and xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
astigmatism xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

14
2.1 Contact Lenses – Industry snapshot & key buying criteria, 2014-2025
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
TABLE 1 Contact Lenses – Industry snapshot & key buying criteria, 2014-2025
Market Size 2015 2016 2025

2014-2025
Revenue: USD 8,952.1 Million Revenue: USD xx Million Revenue: USD xx Million
Region 2016 2025
North America xx% xx%
Europe xx% xx%

Regional revenue
trends
Asia Pacific xx% xx%
Latin America xx% xx%
MEA xx% xx%
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Market summary
➢ Increasing demand for daily disposable contact lenses.

Potential growth
opportunities ➢ xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
The global contact lens market is characterized by intense competition among the key participants.
Growing demand for vision correction products and ease of usage is expected to favorably impact
PESTEL analysis the market over the forecast period.
➢ Enhancement of distribution channel
Key buying criteria ➢ xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

15
TABLE 2 Global contact lenses market (Volume & Revenue), in Million units and USD
Million respectively, 2014 – 2025
CAGR
Global
2014 2016 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (2016-
Market
25)
Volume
(Million 926.2 xx xx xx xx xx xx xx xx xx xx xx xx%
Units)
Revenue
(USD 8,420.7 xx xx xx xx xx xx xx xx xx xx xx xx%
Million)
TABLE 3 Global Contact Lenses Market by Region, (Million Units), 2014 – 2025
CAGR
Region 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (2016-
25)
North
xx xx xx xx xx xx xx xx xx xx xx xx xx%
America
Europe xx xx xx xx xx xx xx xx xx xx xx xx xx%
Asia Pacific xx xx xx xx xx xx xx xx xx xx xx xx xx%
South xx xx xx xx xx xx xx xx xx xx xx xx xx%
America
MEA xx xx xx xx xx xx xx xx xx xx xx xx xx%
Total 926.2 xx xx xx xx xx xx xx xx xx xx xx xx%
The North American regional market was estimated at xx Million units in 2016, which is expected
to reach xx Million units by 2025, growing at a CAGR of xx% from 2016 to 2025. Asia Pacific is
expected to be a fast-growing market, at an estimated CAGR of xx% from 2016 to 2025. Contact
lenses demand in the region was estimated at xx Million units in 2016 and is expected to reach
xx Million units by 2025.

16
TABLE 4 Global Contact Lenses Market by Region, (USD Million), 2014 – 2025
CAGR
Region 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (2016-
25)
North
America
Asia Pacific xx%

xx xx xx xx xx xx xx xx xx xx xx xx
South
xx%
America xx xx xx xx xx xx xx xx xx xx xx xx
MEA xx%
Total xx%
8,420.7 xx xx xx xx xx xx xx xx xx xx xx
In terms of revenue, the European market was valued at USD xx Million in 2016 and is expected
to reach USD xx Million by 2025, growing at a CAGR of xx% from 2016 to 2025. Despite lower
volumes, regional revenue generation is expected to supersede that of Asia Pacific on account of
higher unit prices of these products in the region. The South American contact lenses market was
valued at USD xx Million in 2016, which is expected to reach USD xx Million by 2025, growing at
a CAGR of xx% from 2016 to 2025.

17
TABLE 5 Global Contact Lenses Market by Product Type, (USD Million), 2014 – 2025
CAGR
Product
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (2016-
Type
25)
RGP
lenses xx xx xx xx xx xx xx xx xx xx xx xx xx%
xx%
Soft
lenses xx xx xx xx xx xx xx xx xx xx xx xx
xx%
Hybrid
lenses xx xx xx xx xx xx xx xx xx xx xx xx
xx%
Total
8,420.7 xx xx xx xx xx xx xx xx xx xx xx
Soft contact lenses segment was valued at USD xx Million in 2016, which is expected to reach
USD xx Million by 2025, growing at a CAGR of xx% from 2016 to 2025.
TABLE 6 Global Contact Lenses Market by Design, (USD Million), 2014 – 2025
CAGR
Design 2014 2016 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (2016-
25)
Spherical xx xx xx xx xx xx xx xx xx xx xx xx%
xx
Toric
Multifocal
Others
Total
8,420.7 xx xx xx xx xx xx xx xx xx xx xx xx%
Spherical lenses are the most commonly used contact lens design, and is used to correct vision
problems of myopia (nearsightedness) or hyperopia (farsightedness). In terms of revenue, the
market was valued at USD xx Million in 2016, which is expected to reach USD xx Million by 2025,
growing at a CAGR of xx% from 2016 to 2025.

18

19
TABLE 7 Global Contact Lenses Market by Usage, (USD Million), 2014 – 2025
CAGR
Usage 2014 2016 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (2016-
25)
Corrective xx%
Therapeuti
c xx xx xx xx xx xx xx xx xx xx xx xx xx%
Cosmetic
Prosthetic
Lifestyle-
Total
Cosmetic lenses are expected to be a fast-growing segment; it was valued at USD xx Million in
2016 and is expected to reach USD xx Million by 2025, growing at a CAGR of xx% from 2016 to
2025.

20
Chapter 3 Industry Outlook
3.1 Market Segmentation & Scope
FIG. 1 Market segmentation & scope
Contact Lenses Market
Product Design Usage Product
• Corrective • North America

• Spherical Lens
• RGP Contact Lenses • Therapeutic • Europe
• Toric Lens
• Soft Contact Lenses • Cosmetic • Asia Pacific
• Multifocal Lens
• Hybrid Contact Lenses • Prosthetic • South America
• Other Lens
• Lifestyle-oriented • MEA
Attribute Details
Base year used for market estimation 2016
Historic analysis Actual data for 2014 and 2016
Forecast 2017 to 2025
We have estimated the contact lenses market by segmenting it into four levels. For the first level,
we have split the market by products:
• RPG contact lenses: Rigid Permeable Gas (RPG) contact lenses, also known as Gas
Permeable (GP) contact lenses, are rigid lenses made of durable plastic that transmits
oxygen. These lenses also are called rigid gas permeable lenses, RGP lenses, and oxygen
permeable lenses.

21
• Soft contact lenses: Soft contact lenses are made of flexible soft plastic that permits oxygen
to pass via cornea. Soft contact lenses are more comfortable than rigid gas permeable lenses
and are easy to adjust on eyes.
• Hybrid contact lenses: Hybrid contact lenses provide all the benefits of soft contact lenses
and GP lenses
In the second level, the market has been split by design type into:
• Spherical: Spherical lenses are optical lenses with curved surfaces that converge or diverge
light rays, thus forming a real or virtual image of an object. They are also known as singlets.
• Toric: Toric contact lenses are specifically designed to meet the distinct vision correction
necessities of people with astigmatism
• Multi-focal: Multi-focal contact lenses are contact lenses with multiple prescriptions in one
lens. There is typically a prescription for very close objects, a prescription for intermediate
distances, and another prescription for normal objects viewed at a distance.
• Others: Others include orthokeratology lenses and numerous custom fabricated contact
lenses that are used in correction for keratoconus
In the third level, the market has been split by usage type into:
• Corrective lenses: The corrective lens is worn in front of the eye. It is primarily used to treat
astigmatism, hyperopia, myopia, and presbyopia.
• Therapeutic lenses Therapeutic contact lenses are also known as a "bandage lens". They
are designed to aid and protect in the healing of a sick eye.
• Cosmetic lenses: Cosmetic contact lenses are tinted to change the appearance of the eye
color. They are available in soft or rigid gas permeable varieties. These lenses are also used
as a cure to correct near and farsightedness.
• Prosthetic lenses: Prosthetic contact lenses are prescribed to improve the appearance of an
eye and to mask flaws, trauma, or eye disease
• Lifestyle-oriented lenses Lifestyle lenses offer additional benefits than curing cataracts.
They can often correct additional vision problems and offer a full range of intermediate, near,
and distance vision.
• Others include numerous lenses fabricated to be used for corrective purposes and to treat
specific eye disorders
Further, we have estimated the contact lenses market by segmenting it into the following regions:

22
o The North American regional segmentation includes the markets of the U.S.,
Canada, and Mexico
o The European regional segmentation includes the markets of the UK and Germany
o The Asia Pacific regional segmentation includes the markets of China and Japan
o The South American regional segmentation includes the market of Brazil and the rest
of South American countries
o The Middle Eastern and African regional segmentation includes the markets of
Qatar and the rest of MEA countries
3.2 Contact Lenses Market Size and Growth Prospects (Volume – Thousand units)
FIG. 2 Contact lenses market size and growth prospects (Volume - Thousand units)
956.3
926.2
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
North America Europe

Asia Pacific South America
The Middle East & Africa
The global market for contact lenses is expected to rise at a faster pace in the Asia Pacific and
South American regions. The global demand for contact lenses system installations was around
xx thousand units in 2016 and is expected to reach xx thousand units by 2025, growing at a CAGR
of xx% from 2016 to 2025.

23
Significant growth of the contact lenses market can be attributed to factors such as increasing
adoption rate by the customers, technological advancement such as development of silicon
hydrogel material for the fabrication of soft lenses.
3.3 Contact Lenses - Value Chain Analysis
FIG. 3 Contact lenses - Value chain analysis
Contact lens manufacturers are providers to wholesale distributors as well as retail distributors.
Manufacturers distribute their contact lenses through a variety of channels. Sellers can be
grouped into a number of different categories marked by their mode of selling, commercial focus,
and professional credentials. The two primary groups are independent and commercial sellers.

24
Independent Eye Care Practitioners (ECPs) are ophthalmologists and optometrists who prescribe
and sell optical products.
Plastic polymers are used for manufacturing contact lenses. Soft contact lenses are made of
polymers having hydrophilic qualities such as Poly Hydroxyethyl Methacrylate (pHEMA). Hard
contact lenses are made of stiffer polymers like Polymethyl Methacrylate (PMMA). PMMA and
pHEMA are malleable and sturdy plastic polymers.
FIG. 4 Contact lenses – Distribution channel analysis
Independent
ECP
Regional vision
chains Online
Distribution
Channels
National retail Mass

vision chains merchandisers
Contact lenses are usually sold under the brand name; however, private labeling is also practiced
by some manufacturers.

25
Contact lenses can be distributed through independent Eye Care Professionals (ECP), mass
merchandisers, national and retail vision chains, as well as online retailers.

26
3.4 Market Dynamics
FIG. 5 Market dynamics
• xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
• Sony Corporation filed a patent application
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
that describes a pair of lenses with an
• xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
organic electroluminescence display screen
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
that allows users to view videos, images
and other information.
• Bio-technical lenses have been launched

that help millions of users of digital devices
to deal with the discomfort associated with
the long hours of screen use. Biofinity Technology Regulatory
Energys from CooperVision, Inc. is one of Trends Trends
the bio-technical lenses.
• xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Vendors/ Buyer/ • xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Supplier Application xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
• xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Trends Trends
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx • xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Technological advancements in the field of optometry and optics have foreseen R&D and the
launch of dynamic soft contact lenses with advanced technology infused in them. In April 2016,
Sony filed a patent application that labels a pair of lenses with an organic electroluminescence
display screen. This permits users to view images, videos, and other digital data. Furthermore,
the lens designers have incorporated video recorder onboard that allows users to record videos
with exposure, autofocus, along with zooming and aperture adjustment to enhance the quality of
the video. The Sony contact lenses can be controlled by the user with the blink of an eye. Wearers
can use their blink to delete frames in a video recording and more.

27
While spectacles have been used traditionally to compensate for visual inaccuracies, the demand
for contact lenses as an additional item for vision correction is on the rise. In addition to ensuring

28
the correction of ophthalmic disorders such as myopia, hypermetropia, and astigmatism, contact
lenses can be used for cosmetic purposes to enhance the aesthetic appearance. The growing
demand for vision correction products is expected to be the key driving force for the market over
the next eight years.
3.4.1 Market driver analys is

TABLE 8 Contact lenses - Key market driver impact
2016-18 2019-21 2022-25

Market Drivers
Impact
Increasing number of ophthalmic disorders
Growing ‘Plano’ sunglasses market
Increasing demand in outdoor activities
Key:
Very High High Moderate Low
3.4.1.1 Increasing number of ophthalmic disorders
The growth in global population accompanied with the raising technological innovations have
drastically increased the digital on-screen time of the general populace, especially in children.
Children living in urban areas have access to the modern day digital technology that has ultimately
ensued in the growth of associated ophthalmic disorders. This has drastically increased the
number of cases associated with ophthalmic problems such as myopia/nearsightedness,
farsightedness/hyperopia, glaucoma, and cataracts.
Penetration & Growth Prospect Mapping

29
FIG. 6 Contact lenses market dynamics, 2025
Growth Rate
(High)
Penetration Penetration
(Low) (High)
Growth Rate
(Low)
RGP Lens Soft Lens Hybrid Lens
Penetration is defined as the maturity of the product segment and its application. The lower penetration rate means a higher untapped
market potential for growth.
Growth rate is considered as the future projected CAGR till 2025. These growth rates are comparative in nature with the overall
market growth rate as being the benchmark.
Note: The above diagram is based on the contact lenses shipments’ forecast by the year 2025.
Soft contact lenses offer several advantages over their RGP lens counterparts such as greater
comfort and flexibility. They also permit more oxygen to pass through to the wearer’s cornea and
are used extensively for ametropia correction. Owing to the benefits, the market for soft contact
lenses has escalated over the past few years and is expected to remain a dominant force over
the forecast period. For instance, In June 2016, CooperVision Inc., had launched ‘Biofinity Lenses’
that are specifically designed to reduce pressure applied on eyes, getting elongated on-screen
exposure.

30
3.5 Industry Analysis – Porter’s
FIG. 7 Porter’s five forces analysis
Threat of new entrants: Low

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxz
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Bargaining power of supplier: Moderate Competitive rivalry: High Bargaining power of buyers: Low
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxz The global contact lenses market is highly xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxz

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx consolidated in nature. Product innovation is xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx expected to remain the key focus area, with xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx technological advancement. Industry xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx participants enter long partnerships to xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
strengthen their product portfolio and
geographical presence.
Threat of substitutes: Moderate

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxz
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
31

3.6 Contact Lenses - PEST Analysis
FIG. 8 Contact lenses - PEST analysis
TECHNOLOGICAL
SOCIAL
➢ xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
ECONOMIC xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
POLITICAL ➢ xxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxx
➢ xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
➢ Better standard of living owing
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
to increased disposable
➢ xxxxxxxxxxxxxxxxxxxxxxxxxxx
income.
xxxxxxxxxxxxxxxxxxxxxxxxxxx
➢ xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx ➢ Emergence of the retail optical
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx industry
➢ Contact lenses cannot be worn
➢ xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx in an industrial setting without
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx personal protective equipment.
➢ The tariff on imported contact
lenses is considerably low in
U.S.
32

Chapter 4 Contact lenses: Product Type Estimates

and Trend Analysis
4.1 Contact Lenses Market: Product-Type Movement Analysis
Key product segments analyzed and reported in the study
The soft contact lens segment is include rigid gas permeable (RGP) contact lenses, soft
expected to keep the market contact lenses and hybrid contact lenses. Soft contact lenses
buoyant, growing at a CAGR of
accounted for the major share of market.
xx%.
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
FIG. 9 Contact lens market: Product-type movement analysis
High
Hybrid lens: Share increased by
917.0 1.8%
1,171.1
Medium
2025 15,637.5
Low
Low
2016 8,795.0
Soft lens: Share declined by

780.1 Medium 1.8%
335.6
RGP Lens Soft Lens Hybrid Lens

RGP lens: Share declined by
1.3%%
High
33

4.1.1 Rigid Gas Permeab le (RGP) Lens

TABLE 9 Global RGP contact lens market, 2014 - 2025 (USD Million)
Market Size 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 CAGR (2017 - 25)
Revenue 5,787.5 xx xx xx xx xx xx xx xx xx xx xx xx%
The RGP contact lenses market was valued at USD xx Million in 2016 and is expected to reach
USD xx Million by 2025, growing at a CAGR of xx% from 2016 to 2025
TABLE 10 Global RGP contact lens market by region, 2014 – 2025 (USD Million)
CAGR
Region 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (2017–
25)
North xx%
America
Europe
xx%
Asia xx xx xx xx xx xx xx xx xx xx xx xx
Pacific
xx%
South xx xx xx xx xx xx xx xx xx xx xx xx
America
MEA
Total 681.8 xx xx xx xx xx xx xx xx xx xx xx xx%
The North American regional market of RGP contact lenses is generated the highest revenue of
USD xx Million in 2016 and the region is expected to generate revenue of USD xx Million by 2025,
growing at a CAGR of xx% from 2016 to 2025.
South American regional market is anticipated to portray significant growth over the forecast
period. The regional market was valued at USD xx Million in 2016 and is expected to reach USD
xx Million by 2025, growing at a CAGR of xx% from 2016 to 2025
34

Chapter 5 Contact lenses: Design Type Estimates and

Trend Analysis
5.1 Contact Lenses Market: Design-Type Movement Analysis
The contact lenses industry is segmented on the basis of
The spherical lens segment is design into spherical lens, toric lens, multifocal lens and
expected to keep the market others type of lens which include orthokeratology or ortho-k
buoyant; the multifocal lens
lenses.
segment is expected to make
significant inroads at a CAGR of
xx%.
FIG. 10 Contact lens market: Design-type movement analysis
High
Multifocal lens: Share increased
1,329.3 by 1.3%
2025 12,658.1 3,223.6

Medium Toric lens: Share increased by
0.9%
514.5
304.6 Low
Low
Other lens: Share declined by
2016 7,278.1 1,709.8 0.2%
618.2 Medium
Spherical Lens Toric Lens
Multifocal Lens Other Lens Spherical lens: Share declined by

2%
High

35
5.1.1 Spherical Lens

TABLE 1 Global spherical contact lens market , 2014 - 2025 (USD Million)
CAGR
Market Size 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (2017
- 25)
The spherical contact lenses market was valued at USD xx Million in 2016 and is expected to
reach USD xx Million by 2025, growing at a CAGR of xx% from 2016 to 2025
TABLE 1 Global spherical contact lens market by region, 2014 – 2025 (USD Million)
CAGR
Region 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (2017–
25)
North
America
Asia xx%
Pacific
South xx%
America
Total 6,221.1 xx xx xx xx xx xx xx xx xx xx xx xx%
The North American regional market for spherical contact lenses is generated the highest revenue
of USD xx Million in 2016 and the region is expected to generate revenue of USD xx Million by
2025, growing at a CAGR of xx% from 2016 to 2025.
xx Million by 2025, growing at a CAGR of xx% from 2016 to 2025

36
Chapter 6 Contact lenses: Usage Type Estimates and

Trend Analysis
6.1 Contact Lenses Market: Usage-Type Movement Analysis
The contact lenses industry is segmented on the basis of
The cosmetic contact lenses usage into corrective, therapeutic, cosmetic, prosthetic, and
segment is expected to keep the lifestyle-oriented contact lenses. Therapeutic applications
market buoyant
accounted for major portion of the total market share in 2016
and are expected to lose market share over the forecast
period.
FIG. 11 Contact lens market: Usage-type movement analysis
High
Corrective lens: Share increased
1,942.7 by 1.8%
702.8
Medium
2025 8,139.3 5,915.8
1,025.0
Cosmetic lens: Share increased

by 0.3%
Low
612.9
Low
Lifestyle-oriented lens: Share
Prosthetic lens: Share declined
2016 4,373.8 3,438.0 declined by 0.4%
by 0.4%
1,055.5 430.5
Medium
Corrective Therapeutic Cosmetic
Therapeutic lens: Share

Prosthetic Lifestyle-oriented
declined by 1.3%
High

37
6.1.1 Corrective Lens

TABLE 2 Global corrective contact lens market , 2014 - 2025 (USD Million)
CAGR
Market Size 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (2017
- 25)
The corrective contact lenses market was valued at USD xx Million in 2016 and is expected to
reach USD xx Million by 2025, growing at a CAGR of xx% from 2017 to 2025
TABLE 3 Global corrective contact lens market by region, 2014 – 2025 (USD Million)
CAGR
Region 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (2017–
25)
North
America
Asia
Pacific
South
America
The North American regional market for corrective contact lenses is generated the highest
revenue of USD xx Million in 2016 and the region is expected to generate revenue of USD xx
Million by 2025, growing at a CAGR of xx% from 2017 to 2025.
xx Million by 2025, growing at a CAGR of xx% from 2017 to 2025.

38
Chapter 7 Contact lenses: Regional Estimates & Trend Analysis
FIG. 12 Regional market place: Key takeaways
Europe
Revenue in 2016: $ xx mn
CAGR: xx%
Notable markets: Spain, UK
Asia Pacific
North America CAGR: xx %
Notable markets: Japan, China &
Revenue in 2016: $ xx mn South Korea
CAGR: xx %
Notable markets: U.S., Canada,
Mexico
South America MEA

Revenue in 2016: $ xx mn Revenue in 2016: $ xx mn
Revenue in 2025: $ xx mn Revenue in 2025: $ xx mn
CAGR: xx % CAGR: xx %
Notable markets: Brazil
39

7.1 Contact lenses market share by region, 2016 & 2025
North America regional market valued at USD xx Million,

dominated the global contact lenses industry in terms of
revenue in 2016. Presence of key industry participants such
Asia Pacific regional market as Johnson & Johnson, CIBA Vision (Alcon), Cooper Vision,
spearheading revenue growth,
with China &Japan on the
and Bausch + Lomb in these regions have resulted in high
forefront brand awareness and increased demand for high-end
premium priced product.
FIG. 13 Regional outlook, 2016 & 2025
High
Asia Pacific: Share growth by
1,205.3 632.8 3.89%.
South America: Share growth by

2025 5,539.2 4,344.5 6,003.7 Medium
2.97%.
MEA : Share grown by 0.54%.
Low
Low
2016 3,428.9 2,831.0 2,971.0
300.1
379.6 Medium
North America Europe Asia Pacific
North America: Share decline by

South America MEA Europe : Share decline by 4.06%
3.35%
High
The Asia Pacific regional market is expected to witness a significant gain in revenue share
during the forecast period. Asia Pacific is expected to be the fastest growing market over the
next eight years, mainly on account of the increasing wearer base in the region.
40

7.2 North America
7.2.1 North Ame rica mark et p lace: Ke y takeaw a ys
FIG. 1 North America market place: Key takeaways
USD 39.12 billion
Market Revenue
• Sales in North American region are largely contributed

by independent eye care professionals.
• Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
• xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
• xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
7.2.2 North America Contact Lenses ma rket, b y re venue 2014 –

2025
TABLE 4 North America Contact Lenses market, 2014 – 2025 (USD Million)
CAGR
Market Size 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (2017
- 25)
North American contact lenses market was valued at USD xx Million in 2016 and is projected to
reach over USD xx Million by 2025, growing at a CAGR of xx% from 2016 to 2025.
TABLE 5 North America contact lenses market by product type, 2014 – 2025 (USD Million)

41
CAGR
Product type 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (2017 –
25)
RGP Lens xx xx xx xx xx xx xx xx xx xx xx xx xx%
Soft Lens xx xx xx xx xx xx xx xx xx xx xx xx xx%
Hybrid Lens xx xx xx xx xx xx xx xx xx xx xx xx xx%
Soft contact lenses emerged as the most dominant product segment in 2016, and is expected to
witness stable growth over the forecast period. The soft contact lenses market was valued at USD
xx Million in 2016 and is expected to reach USD xx Million by 2025, growing at a CAGR of xx%
from 2016 to 2025. The market for RGP contact lenses was valued at USD xx Million in 2016 and
is expected to be valued at USD xx Million by 2025, growing at a CAGR of xx% from 2016 to
2025.
TABLE 6 North America contact lenses market by design, 2014 – 2025 (USD Million)
CAGR
Design 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (2017 –
25)
Spherical xx xx xx xx xx xx xx xx xx xx xx xx xx%
Toric xx xx xx xx xx xx xx xx xx xx xx xx xx%
Multifocal xx xx xx xx xx xx xx xx xx xx xx xx xx%
Others xx xx xx xx xx xx xx xx xx xx xx xx xx%
The regional market for spherical lenses was valued at USD xx Million in 2016 and is expected to
reach USD xx Million by 2025, growing at a CAGR of xx% from 2016 to 2025. The toric lenses
regional market was valued at USD xx Million in 2016 and is expected to be valued at USD xx
Million by 2025, growing at a CAGR of xx% from 2016-2025.
TABLE 7 North America contact lenses market by usage, 2014 – 2025 (USD Million)

42
CAGR
Usage 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (2017 –
25)
Corrective
Lenses
Therapeutic
Lenses
Cosmetic
Lenses
Prosthetic
Lenses
Lifestyle-
Oriented xx xx xx xx xx xx xx xx xx xx xx xx xx%
Lenses
Total
The regional market for corrective lenses was valued at USD xx Million in 2016 and is expected
to reach USD xx Million by 2025, growing at a CAGR of xx% from 2016 to 2025. The cosmetic
lenses regional market was valued at USD xx Million and is expected to be valued at USD xx
Million by 2025, growing at a CAGR of xx% from 2016-2025.

43
Chapter 8 Competitive Landscape
8.1 Alcon Laboratories, Inc. (a subsidiary of Novartis International AG)
8.1.1 Company ove rview
Alcon is a fully-owned business segment of Novartis

International AG, a Swiss multinational pharmaceutical
company. The company manufactures contact lenses, Key Statistics
lens care products, pharmaceutical products, and
Establishment year: 1945
surgical equipment. Further, it offers eye care products
under three business domains namely surgical, Headquarters: Texas, U.S.
pharmaceutical, and vision care. Employee strength: 9,500 (2016)
In the year 2010, Novartis International AG integrated CIBA Vision, its contact lens
manufacturing subsidiary, with Alcon Laboratories, Inc. (U.S.). Alcon’s vision care domain offers
monthly replacement and daily disposable and color-enhancing contact lenses for convenient
and comfortable vision correction. Additionally, it offers lens care products such as rewetting and
cleaning solutions. It has 26 manufacturing facilities, worldwide.
8.1.2 Financial performan ce
Financial (USD Million) 2014 2015 2016
Revenue 52,180 49,414 48,518
Operating Income
11,089 8,977 8,268
Net Income 10,280 17,794 6,698
Products Applications
• AIR OPTIX aqua contact

• Used for vision correction (myopia and hyperopia)
lenses

44
• AIR OPTIX aqua multifocal

• Ideal for presbyopia
contact lenses
• Air optix for astigmatism

• Astigmatism
contact lenses
• AIR OSPTIX colors contact • Color contact lenses used for vision correction and as
lenses fashion accessories
• These contact lenses are designed to be worn
• AIR OPTIX night & day
throughout the day, even while napping and sleeping,
aqua contact lenses
and are used for vision correction
• These contact lenses are used as daily wear for optical
correction of refractive ametropia (myopia and
• Focus DAILIES contact
hyperopia) in non-diseased eyes with up to
lenses
approximately 1.50 diopters (D) of astigmatism that
does not interfere with normal visual acuity
• These contact lenses are used as daily wear for
• Focus DAILIES Toric correcting refractive ametropia (myopia and hyperopia)
contact lenses in not-aphakic persons with non-diseased eyes and
6.00 diopters (D) or less of astigmatism
• These contact lenses are used as daily wear for
correcting refractive ametropia (myopia or hyperopia)
• Focus DAILIES and/or presbyopia in not-aphakic persons with non-
progressives contact diseased eyes, who require a reading addition of +3.00
lenses diopters (D) or less and who may have 1.50 diopters (D)
or less of astigmatism, which does not interfere with the
normal visual acuity
• FRESHLOOK colors
• FRESHLOOK color blends
• They are color contact lenses used as fashion
• FRESHLOOK dimensions accessories as well as for correcting vision
• FRESHLOOK handling tint
• FRESHLOOK toric color
Blends
8.1.4 Recent deve lopments
• Presbyopia, an eye condition, is a part of natural aging. It leads to a reduction in the ability
of eyes to focus on nearby objects. In July 2016, Alcon launched Dailies Total1, a

45
multifocal, water gradient contact lens that offered seamless visual experience to
substitute bifocals or reading glasses.
• Alcon undertakes strategic alliances to introduce innovative solutions to its customers. As
a part of it, in April 2016, it entered into a strategic alliance with Power Vision, Inc., a U.S.-
based company, to develop fluid-based accommodating intraocular lenses for cataract
patients.
• In December 2015, Alcon launched AIR OPTIX Colour studio, an iOS app. Owing to the
increased penetration of smartphones, the company has developed this mobile
application to virtually try on the products

46
8.2 Abbott Medical Optics, Inc. (a subsidiary of Abbott Laboratories, Inc.)
8.3 Bausch + Lomb, Incorporated (a subsidiary of Valeant International, Inc.)
8.4 Carl Zeiss AG (a subsidiary of Stiftung)
8.5 Contamac U.S., Inc.
8.6 CooperVision, Inc. (a subsidiary of Cooper Companies, Inc.)
8.7 Essilor International S.A.
8.8 Hoya Corporation
8.9 Johnson & Johnson Vision Care, Inc. (a subsidiary of Johnson & Johnson)
8.10 Medennium
8.11 Seed Co., Ltd.
8.12 STAAR Surgical Company
8.13 SynergEyes, Inc.
8.14 X-Cel Specialty Contacts (a subsidiary of Walman Company)

47
Disclaimer
In response to request/orders received, Grand View Research provides strategic business/market

analysis services to a select group of customers that are limited to publications containing
valuable market information. The publication is solely for our customers’ internal use. It is
acknowledged by our customer, by placing the order that no part of this strategic market analysis
service is for general publication or disclosure to third party.
Grand View Research doesn’t make any warranty for the accuracy of the data as these are
primarily based on interviews and therefore, liable for fluctuation. Also, Grand View Research
doesn’t take responsibility for incorrect information supplied by manufacturers or users.
Any resale, lending, disclosure or reproduction of this publication can only be made with prior
written permission from Grand View Research. Transmission and/or reproduction of this
document by any means or in any form (includes photocopying, mechanical, electronic, recording
or otherwise) are prohibited without the permission of Grand View Research.
Registered Office Address
Grand View Research, Inc.

28 2nd Street, Suite 3036
San Francisco, CA 94105
United States
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com

48

Sample - Contact Lenses Market Analysis and Segment Forecasts To 2025

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Sample - Contact Lenses Market Analysis and Segment Forecasts To 2025

Uploaded by

Copyright:

Available Formats

MARKET ESTIMATES & TREND ANALYSIS

Contact Lenses Market

Market, By Design Type (Spherical, Toric, Multifocal & Others)

Market, By Usage Type (Corrective, Therapeutic, Prosthetic, Lifestyle-oriented)

G syndicated research reports, customized research reports, and consulting services. To

Copyright © 2017 Grand View Research Inc., USA

©Grand View Research, Inc., USA. All Rights Reserved.

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Industry Outlook

Chapter 4 Contact lenses: Product Type Estimates and

©Grand View Research, Inc., USA. All Rights Reserved.

4.1.2 Soft Lens

Chapter 5 Contact lenses: Design Type Estimates and Trend

Chapter 6 Contact lenses: Usage Type Estimates and Trend

Chapter 7 Contact lenses: Regional Estimates & Trend

©Grand View Research, Inc., USA. All Rights Reserved.

Chapter 8 Competitive Landscape

©Grand View Research, Inc., USA. All Rights Reserved.

8.6.1 Company overview

©Grand View Research, Inc., USA. All Rights Reserved.

8.14.3 Recent developments

©Grand View Research, Inc., USA. All Rights Reserved.

©Grand View Research, Inc., USA. All Rights Reserved.

TABLE 70 China contact lenses market, 2014 – 2025 (USD Million)

©Grand View Research, Inc., USA. All Rights Reserved.

FIG. 15 Contact lens market: Usage-type movement analysis

©Grand View Research, Inc., USA. All Rights Reserved.

Chapter 1 Methodology and Scope

1.1 Research Methodology

For forecasting, the following parameters were considered,

• Market leading companies

The key objectives of primary research are as follows,

• To validate our data in terms of accuracy and acceptability

1.2 Research Scope & Assumptions

©Grand View Research, Inc., USA. All Rights Reserved.

using correlation, regression and time-series analysis.

1.3 List of Data Sources

List of secondary sources include but are not limited to:

• Contact Lens Spectrum,

List of primary sources include but are not limited to:

©Grand View Research, Inc., USA. All Rights Reserved.

©Grand View Research, Inc., USA. All Rights Reserved.

Chapter 2 Executive Summary

Contact lenses manufacturers are providers for wholesale

©Grand View Research, Inc., USA. All Rights Reserved.

Market Size 2015 2016 2025

Region 2016 2025

North America xx% xx%

Europe xx% xx%

Latin America xx% xx%

MEA xx% xx%

➢ Increasing demand for daily disposable contact lenses.

©Grand View Research, Inc., USA. All Rights Reserved.

Asia Pacific xx xx xx xx xx xx xx xx xx xx xx xx xx%

Total 926.2 xx xx xx xx xx xx xx xx xx xx xx xx%

©Grand View Research, Inc., USA. All Rights Reserved.

Asia Pacific xx%

©Grand View Research, Inc., USA. All Rights Reserved.

©Grand View Research, Inc., USA. All Rights Reserved.

©Grand View Research, Inc., USA. All Rights Reserved.

©Grand View Research, Inc., USA. All Rights Reserved.

Chapter 3 Industry Outlook