About Disposable Contact Lenses
Disposable contact lenses thin plastic disk which are worn to improve eye vision apart from therapeutics or cosmetics reasons. These lenses are directly placed over cornea of the eye. Recently, it has been seen that a large number of people are preferring to wear such lenses for enhance their eyes appearance as well during sport activities. This has led manufacturers to focus on designing multi-dimensional disposable contact lenses.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The increasing product launches and approvals to meet the growing demand for corrective lenses is also expected to contribute to the growth of the market Source. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Disposable Contact Lenses market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Novartis [Switzerland], Johnson &Johnson Vision Care [United States], CooperVision [United States], Bausch + Lomb [United States], St.Shine Optical [Taiwan] and Menicon [Japan] are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are The Cooper Companies, Inc. [United States], Blanchard Lab [United States], ZEISS International [Germany], Alcon Company [United States] and Hoya Corporation [Japan].
Segmentation Overview
AMA Research has segmented the market of Global Disposable Contact Lenses market by Type (Corrective, Cosmetic Lens, Prosthetic Lens, Therapeutic Lens and Others), Application (Corrective Lenses, Therapeutic Lenses and Cosmetic Lenses and Lifestyle-Oriented Lenses) and Region.
On the basis of geography, the market of Disposable Contact Lenses has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Uses, the sub-segment i.e. Daily will boost the Disposable Contact Lenses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Spin Casting will boost the Disposable Contact Lenses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. Optical Stores will boost the Disposable Contact Lenses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Design Type, the sub-segment i.e. Toric will boost the Disposable Contact Lenses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. Hydrogel will boost the Disposable Contact Lenses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Manufacturers Focus Towards Developing Disposable Contact Lenses to Suit the Digital Driven Lifestyles of Individuals and Rising Demand for Cosmetic Contact Lenses with Aesthetic Design Amid Changing Fashion Statement
Market Growth Drivers:
Increasing Occurrence of Astigmatism, Hyperopia and Myopia and Growing Eye Care Centers and Awareness About Its Importance
Challenges:
Lack of Trained Ophthalmologists
Restraints:
Adverse Effects Associated with Its Use such as Dryness, Red-eyes and Eye-infections and Availability of Alternatives Eye Care Methods
Opportunities:
Growing Uses of Disposable Contact Lenses in Entertainment and Media Industry and Increase in Online Sales of Contact Lenses and Eye Care Products
Market Leaders and their expansionary development strategies
In Nov. 3, 2022 /PRNewswire/ -- Deepening its commitment to expand specialty contact lens adoption in North America and worldwide, CooperVision has added SynergEyes to its CooperVision Specialty EyeCare business unit. The Carlsbad, Calif.-based company is widely known for hybrid lens technologies and brands, which span the treatment of irregular cornea, presbyopia, and astigmatism
In September 14, 2022 — With digital device use putting more demands on the eyes than ever before, CooperVision announced today an addition to its product portfolio: MyDay Energys® daily disposable contact lenses. MyDay Energys® is the first 1 day contact lens with an innovative single vision aspheric lens design, which was initially introduced in the company’s groundbreaking Biofinity Energys®. The lenses are designed for today’s world, providing extraordinary comfort for wearers when they are using digital devices.
All disposable contact lenses including Prescription contact lenses and cosmetic contact lenses have to be prescribed as mandated by United States Food and Drug Administrative (FDA). This rule has come into effect owing to common complications such as infection and inflammation might lead to vision loss or blindness.
Key Target Audience
Disposable Contact Lenses Manufacturers, Suppliers/Distributors, Potential Investors, Research Institutes, Government Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.