Soft Contact Lens Global Market to Reach $24.8 billion by 2030: Growing Prevalence of Eye Disorders Steers Growth

Dublin, Feb. 17, 2023 (GLOBE NEWSWIRE) -- The "Soft Contact Lens: Global Strategic Business Report" report has been added to's offering.

The global market for Soft Contact Lens estimated at US$19.7 Billion in the year 2022, is projected to reach a revised size of US$24.8 Billion by 2030, growing at a CAGR of 2.9% over the analysis period 2022-2030.

Daily, one of the segments analyzed in the report, is projected to record a 3.5% CAGR and reach US$9.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Weekly segment is readjusted to a revised 3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $5.4 Billion, While China is Forecast to Grow at 5% CAGR

The Soft Contact Lens market in the U.S. is estimated at US$5.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.9 Billion by the year 2030 trailing a CAGR of 5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.6% and 2.5% respectively over the 2022-2030 period.

Within Europe, Germany is forecast to grow at approximately 2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.2 Billion by the year 2030.

Select Competitors (Total 46 Featured) -

  • Carl Zeiss AG
  • Contamac Ltd.
  • CooperVision, Inc.
  • Essilor International
  • Ginko International Co., Ltd.
  • Hoya Corporation Eye Care Company
  • Johnson & Johnson
  • Menicon Co., Ltd.
  • Novartis AG
  • Sensimed AG
  • SynergEyes, Inc.
  • UltraVision CLPL
  • Valeant Pharmaceuticals International, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Report Metrics:

Report AttributeDetails
No. of Pages246
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$19.7 Billion
Forecasted Market Value (USD) by 2030$24.8 Billion
Compound Annual Growth Rate2.9%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Soft Contact Lens Market: Overview & Outlook
  • Soft Contact Lens - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)



  • Growing Prevalence of Eye Disorders Steers Market Growth
  • Prevalence of Cataracts & AMD
  • Increased Incidence of Refractive Errors
  • Growing Cases of Myopia
  • Benefits Offered by Soft Contact Lens Enhance Demand
  • Sophisticated Lens Models & Improved Lens Solutions Widen Addressable Market
  • Evolving Role of Laser Corrective Procedures: Major Challenge




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Global Market for Soft Contact Lens

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