MarkNtel Advisors recently published a detailed industry analysis of the The US Contact Lenses Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

The US Contact Lenses Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028

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

Key Findings in The US Contact Lenses Market:

Historical Analysis: 2018–2021

Base Year: 2022

Forecast Period: 2023–2028

Leading Market Players- 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

Key Highlights of the Report

Market Dimensions & Projections

Pricing Evaluation,

Recent Strategic Moves by Companies,

Primary Stakeholders,

Analysis of Import and Export Trends,

Competitive Landscape Assessment,

Emerging Opportunities,

Market Trends and Indicators

What are the major Driver the US Contact Lenses industry?

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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What segments define the The US Contact Lenses Market from 2023 to 2028? How do these segments contribute to market dynamics and growth?

By Material Type

Soft Contact Lenses

Silicone Hydrogel

Hydrogel

Hard Contact Lenses

Rigid Gas-Permeable Lenses (RGP)

Polymethyl Methacrylate (PMMA)

Hybrid Contact Lenses

According to report, The Silicone Hydrogel lens category led the contact lens market in 2022, holding a significant market share.

By Design

Spherical

Toric

Multifocal

Others (Monovision, Color lenses, etc.)

By Usability

Reusable

Disposable

According to report, Here, Reusable lenses are gaining immense popularity across the country and are anticipated to notably contribute to the overall market expansion during 2023-28.

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

Explore the Complete The US Contact Lenses Market Analysis Report – https://www.marknteladvisors.com/research-library/us-contact-lenses-market.html

Geographical Analysis: The US Contact Lenses Market

By Region

North East

Mid-West

West

South

US Contact Lenses Industry Recent 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.

Key Questions Addressed in This Study

What are the primary factors driving the growth of the The US Contact Lenses Market?

How is the The US Contact Lenses Market expected to evolve over the next five years?

What key insights can be drawn from current trends shaping the market?

What is the current market size, and how is it forecasted to change in the coming years?

What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, 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.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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