North America Contact Lenses Market By Material (Soft, Silicone Hydrogel, Rigid Gas Permeable, Hybrid, And Polymethyl Methacrylate), By Application (Therapeutic, Cosmetic, And Others), And By Design (Spherical, Bifocal, Orthokeratology, And Toric), - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

North America Contact Lenses Market By Material (Soft, Silicone Hydrogel, Rigid Gas Permeable, Hybrid, And Polymethyl Methacrylate), By Application (Therapeutic, Cosmetic, And Others), And By Design (Spherical, Bifocal, Orthokeratology, And Toric), - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

ID: 1698 | Pages: 145 | April 2018 | Region: North America


North America Contact Lenses Market is expected to reach USD 5.92 billion by 2023 from USD 4.14 billion in 2018, growing at a CAGR of 7.45% during the forecast period, 2018-2023. A contact lens is a thin and curved lens which are placed on the surface of the eye. They can be used for vision correction or for cosmetic and novelty purpose. Contact Lenses are medical devices, regulated by Food and Drug Administration (USA), hence requires prescription. The various types of contact lenses are Soft contact lenses, Silicone Hydrogel Contact Lenses, and Rigid Gas Permeable Contact Lenses, among others.

The growth of Contact Lenses market is majorly driven by factors such as wider range of products, affordability, convenience to use, comfortability, presence of umpteen numbers of brands, and consumers’ preference for lenses over glasses. Additionally, consumer group, specifically youngsters are drawn towards cosmetic lenses to enhance their appearance, thereby spurring up the demand for the product. The advanced technology in contact lenses made it possible for people suffering from presbyopia and astigmatism to opt for contact lenses, thereby spiking the demand for the product. The key restraints of the market are cut-throat competition, increase in demand for corrective eye surgery (Laser-Assisted in Situ Keratomileusis ‘LASIK’ and Photorefractive Keratectomy ‘PRK’), and serious hazards of contact lenses (infections, itchiness in the eye, eye dryness, conjunctivitis, and corneal ulcer, among others).

The North America Contact Lenses Market is segmented on the basis of Material, Application, and Design. Based on Material, the market is classified into Soft Contact Lenses, Silicone Hydrogel Lenses, Rigid Gas Permeable (RGP) Contact Lenses, Hybrid Contact Lenses, and Polymethyl Methacrylate (PMMA) Contact Lenses. On the basis of Application, the market is classified into Therapeutic Contact Lenses, Cosmetic Contact Lenses, and others. On the basis of Design, the market is classified into Spherical, Bifocal, Orthokeratology and Toric.

The North America market is geographically segmented into United States and Canada.

The major companies dominating the North America Contact Lenses Drugs market are Johnson & Johnson (USA), Bausch & Lomb (USA), CooperVision (USA), Hydrogel Vision Corp (USA), Abbott Medical Optics, Inc. (USA), Alcon Laboratories, Inc (USA), Carl Zeiss AG (Germany), CIBA Vision (USA), Essilor International (France), and Contamac (United Kingdom).

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Material                       

                                5.1.1 Introduction           

                                5.1.2 Soft Contact Lenses            

                                5.1.3 Silicone Hydrogel Lenses   

                                5.1.4 Rigid Gas Permeable (RGP) Contact Lenses              

                                5.1.5 Hybrid Contact Lenses       

                                5.1.6 Polymethyl Methacrylate (PMMA) Contact Lenses       

                                5.1.7  Y-o-Y Growth Analysis, By Product              

                                5.1.8  Market Attractiveness Analysis, By Product            

                                5.1.9  Market Share Analysis, By Product              

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Therapeutic Contact Lenses            

                                5.2.3 Cosmetic Contact Lenses  

                                5.2.4 Others      

                                5.2.5  Y-o-Y Growth Analysis, By Type    

                                5.2.6  Market Attractiveness Analysis, By Type  

                                5.2.7  Market Share Analysis, By Type    

                5.3 Design                          

                                5.3.1 Introduction           

                                5.3.2 Spherical  

                                5.3.3 Bifocal       

                                5.3.4 Orthokeratology   

                                5.3.5 Toric           

                                5.3.6  Y-o-Y Growth Analysis, By Application        

                                5.3.7  Market Attractiveness Analysis, By Application      

                                5.3.8  Market Share Analysis, By Application       

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Product

                                                6.1.3.3 By Type

                                                6.1.3.4 By Application

                                                6.1.3.5 By Indication

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Product

                                                6.1.4.3 By Type

                                                6.1.4.4 By Application

                                                6.1.4.5 By Indication

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Product

                                                6.1.5.3 By Type

                                                6.1.5.4 By Application

                                                6.1.5.5 By Indication

                6.2 United States                            

                6.3 Canada                         

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 Johnson & Johnson                 

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Bausch & Lomb                         

                8.3 CooperVision                             

                8.4 Hydrogel Vision Corp                              

                8.5 Abbott Medical Optics, Inc                   

                8.6 Alcon Laboratories, Inc                          

                8.7 Carl Zeiss AG                              

                8.8 CIBA Vision                 

                8.9 Essilor International                                

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. North America Contact Lenses Market Market By Material, From 2018-2023 ( USD Billion )
  2. North America Soft Contact Lenses Market By Region, From 2018-2023 ( USD Billion )
  3. North America Silicone Hydrogel Lenses Market By Region, From 2018-2023 ( USD Billion )
  4. North America Rigid Gas Permeable (RGP) Contact Lenses Market By Region, From 2018-2023 ( USD Billion )
  5. North America Hybrid Contact Lenses Market By Region, From 2018-2023 ( USD Billion )
  6. North America Polymethyl Methacrylate (PMMA) Contact Lenses Market By Region, From 2018-2023 ( USD Billion )
  7. North America Contact Lenses Market Market By Application, From 2018-2023 ( USD Billion )
  8. North America Therapeutic Contact Lenses Market By Region, From 2018-2023 ( USD Billion )
  9. North America Cosmetic Contact Lenses Market By Region, From 2018-2023 ( USD Billion )
  10. North America Others Market By Region, From 2018-2023 ( USD Billion )
  11. North America Contact Lenses Market Market By Design, From 2018-2023 ( USD Billion )
  12. North America Spherical Market By Region, From 2018-2023 ( USD Billion )
  13. North America Bifocal Market By Region, From 2018-2023 ( USD Billion )
  14. North America Orthokeratology Market By Region, From 2018-2023 ( USD Billion )
  15. North America Toric Market By Region, From 2018-2023 ( USD Billion )
  16. United States Contact Lenses Market Market By Material, From 2018-2023 ( USD Billion )
  17. United States Contact Lenses Market Market By Application, From 2018-2023 ( USD Billion )
  18. United States Contact Lenses Market Market By Design, From 2018-2023 ( USD Billion )
  19. Canada Contact Lenses Market Market By Material, From 2018-2023 ( USD Billion )
  20. Canada Contact Lenses Market Market By Application, From 2018-2023 ( USD Billion )
  21. Canada Contact Lenses Market Market By Design, From 2018-2023 ( USD Billion )
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