US Contact Lenses Market Size 2023-2028: Alcon Laboratories Inc., Bausch + Lomb, Carl Zeiss AG, CIBA Vision, Contamac US Inc

According to MarkNtel Advisors study the US Contact Lenses Market is projected to grow at a CAGR of around 5.3% during the forecast period, i.e., 2023-28.

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Key Findings of the Study: US Contact Lenses market

Key Driver:  Increasing Population of Lens Wearers in The United States

Gradually more Americans will probably start wearing lenses. In the United States, 31 million people used contact lenses in 2021, according to research from the US Environmental Protection Agency. The expansion of the US market is predicted to be supported by the rising number of consumers, owing to the shift in consumer preference toward eyeglasses.

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Scope of the Report and US Contact Lenses Market Segmentation:

By Material Type

• Soft Contact Lenses
  • Silicone Hydrogel
  • Hydrogel
• Hard Contact Lenses
  • Rigid Gas-Permeable Lenses (RGP)
  • Polymethyl Methacrylate (PMMA)
• Hybrid Contact Lenses

By Design

• Spherical
• Toric
• Multifocal
• Others (Monovision, Color lenses, etc.)

By Usability

• Reusable
• Disposable

By Application

• Cosmetics
• Corrective
• Others (Prosthetic, Orthokeratology, etc.)

By Sales Channel

• Offline
  • Optical Stores
  • Hospital & Clinics
  • Others (Pharmacies, Beauty Centers, etc.)
• Online
  • Company-owned Portals
  • E-commerce Platforms

The Silicone Hydrogel lens category led the contact lens market in 2022, holding a significant market share. In comparison to gas-permeable lenses, silicone hydrogel lenses have several advantages, including increased comfort and flexibility.

US Contact Lenses Market Development:

• In June 2023, Bausch + Lomb launched Biotrue® Rehydrating drops to boost the hydration of Contact Lens in the United States.
• In October 2022, Johnson & Johnson launched a daily disposable contact lens, namely Acuvue Oasys Max 1-Day, designed to provide all-day comfort and visual clarity for patients with digital device use. This lens is expected to arrive in the market by fall 2022 in both spherical and multifocal parameters.
• In January 2022, Alcon proclaimed the launch of Dailies TOTAL1 in the U.S. for patients with astigmatism. Being the first water gradient lens, the product seeks to provide a comfortable fit for patients.
• In April 2021, Johnson & Johnson Vision affirmed a global strategic collaboration with Menicon, a leading manufacturer of innovative lenses. The partnership seeks to bring forth therapeutic lenses in order to address the growing prevalence and progression of myopia in children.
• April 2021 - Cooper Companies Inc. announced the acquisition of No7 Lenses, which designs and manufactures specialty lenses distributed primarily in the U.K.

Geographical Analysis:

By Region

• North East
• Mid-West
• West
• South

Note: If you require specific information not covered in the current report, we can provide it through customized option

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