The Global Cosmetic Contact Lenses Market has been projected to grow at the CAGR of 6.78 % market during 2017-2025. In 2016, the market has generated the revenue of $ 1,433.20 million and is expected to reach $ 2,651.48 million in terms of revenue by 2025.
The global cosmetic contact lenses market is witnessing a positive growth in light of the growing demand for altering aesthetic appearance. Cosmetic contact lenses have huge demand in the entertainment sector, and innovation in the types of lenses and comfort in usage are the key factors contributing to the demand for cosmetic contact lenses.
Market Segment Insights
The cosmetic contact lenses market is majorly segmented into types such as spherical contact lenses, toric contact lenses, multifocal lenses, conventional contact lenses and others. Spherical contact lenses held the largest share in the global cosmetic contact lenses market primarily due to huge patient pool suffering with ophthalmic complications and easy availability of lenses on online/internet sales channel as compared to earlier where they were only available at optometrist office, specialized optical retail stores, physician office, hospitals and wholesale distributors.
North America, Latin America, Europe, Middle East and Africa and Asia Pacific markets together form the major regional markets for cosmetic contact lenses. These regional markets are further sub-segmented into country specific markets on the basis of demand and market growth of cosmetic contact lenses. Among the considered regional markets, North America currently dominates the global cosmetic contact lenses market, with United States being the largest county-level market. Increase in number of patients suffering from ophthalmic complication, rising demand for aesthetic appearance and high disposable income. On the other hand, Asia Pacific is anticipated to be the fastest growing market for cosmetic contact lenses due huge population base suffering with eye refractive errors, rising public awareness and rising market penetration of cosmetic contact lenses due to online availability and regulatory approval for its sale.
Market Competition Assessment:
Key players in the global cosmetic contact lenses market are: Bausch and Lomb, Inc., Ciba Vision (Alcon), Carl Zeiss, CooperVision, Essilor International, X-Cel Specialty Contact, Hoya Vision Care, Johnson and Johnson Vision Care, Inc., and SynergEyes, Inc.
Chapter 1 Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
Chapter 2 Executive Summary
2.1. Global Cosmetic Contact Lenses: Market Portraiture
2.2. Global Cosmetic Contact Lenses Market Share, by Type, 2016 & 2025 (Value %)
2.3. Global Cosmetic Contact Lenses Market Share, by Geography, 2016 (Value %)
Chapter 3 Cosmetic Contact Lenses Market Analysis
3.1. Global Cosmetic Contact Lenses Market Overview
3.2. Global Prescription and Non-Prescription Lenses Market, 2015 - 2025 ($ Million)
3.3. Global Corrective and Non-Corrective Lenses Market, 2015 - 2025 ($ Million)
3.4. Market Dynamics
22.214.171.124. Increasing usage of cosmetic contact lenses as aesthetic enhancer
126.96.36.199. Stringent regulation over the sale of cosmetic contact lenses
188.8.131.52. Growing online retailing for cosmetic contact lenses
3.5. Attractive Investment Proposition
3.6. Market Share Analysis of Key Manufacturers in Cosmetic Contact Lenses Market, 2016
Chapter 4 Global Cosmetic Contact Lenses Market, by Type, 2015-2025 ($ Million)
4.2. Toric Contact Lenses
4.3. Spherical Contact Lenses
4.4. Multifocal Contact Lenses
4.5. Conventional Contact Lenses
Chapter 5 Global Cosmetic Contact Lenses Market, by Geography, 2015-2025 ($ Million)
5.2. North America
5.3.3. Rest of Europe
5.4. Asia Pacific
5.4.3. Rest of Asia-Pacific
5.5. Latin America
5.5.3. Rest of Latin America
5.6. Middle East and Africa
5.6.2. Rest of Middle East and Africa
Chapter 6 Company Profiles
6.1. Bausch & Lomb, Inc.
6.2. Ciba Vision (Alcon)
6.3. Carl Zeiss
6.5. Essilor International
6.6. X-Cel Specialty Contact
6.7. Hoya Vision Care
6.8. Johnson & Johnson Vision Care, Inc.
6.9. SynergEyes, Inc.