US Contact Lenses Market to Witness 5.3% CAGR Boom Through 2023-28 – Latest MarkNtel Advisors Report
Market Overview: US Contact Lenses Market
MarkNtel Advisors, a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on the US Contact Lenses Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.
US Contact Lenses Market Insights 2023-28
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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Top Players in the US Contact Lenses Market:
- Alcon Laboratories Inc.
- Bausch + Lomb
- Carl Zeiss AG
- CIBA Vision
- Contamac US Inc.
- CooperVision
- Essilor of America, Inc.
- Hydrogel Vision Corp.
- Johnson & Johnson
- Microport Scientific Corporation
- Others
Segmentation Analysis of US Contact Lenses Market
US Contact Lenses Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2023-28, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
-By Usability
- Reusable
- Disposable
Here, Reusable lenses are gaining immense popularity across the country and are anticipated to notably contribute to the overall market expansion during 2023-28. It owes primarily to the growing pool of patients with refractive errors, paired with the massive wearers. For instance, the Vision Council’s 2020 study report estimates that around 125 million people worldwide wear contact lenses, with 42.2 million residing in the United States. The category is likely to ascend owing to the steady adoption of reusable lenses and the rising prevalence of contact lens wearers worldwide. Additionally, the benefits associated with reusable lenses, such as durability and comfort, are expected to augment the market growth during the forecast period.
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-By Material Type
- Soft Contact Lenses
- Hard Contact Lenses
- Hybrid Contact Lenses
-By Design
- Spherical
- Toric
- Multifocal
- Others (Monovision, Color lenses, etc.)
-By Application
- Cosmetics
- Corrective
- Others (Prosthetic, Orthokeratology, etc.)
-By Sales Channel
- Offline
- Online
A Comprehensive Geographical Analysis:
-By Region
- North East
- Mid-West
- West
- South
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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
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