Table of Content

1 INTRODUCTION 20
1.1 OBJECTIVES OF THE STUDY 20
1.2 MARKET DEFINITION & SCOPE 20
1.2.1 MARKETS COVERED 21
FIGURE 1 CONTACT LENSES MARKET 21
1.2.2 YEARS CONSIDERED FOR THE STUDY 21
1.3 CURRENCY 22
1.4 STAKEHOLDERS 22
1.5 SUMMARY OF CHANGES 22

2 RESEARCH METHODOLOGY 23
2.1 RESEARCH APPROACH 23
FIGURE 2 RESEARCH DESIGN 23
2.1.1 SECONDARY DATA 24
2.1.1.1 Key data from secondary sources 25
2.1.2 PRIMARY DATA 25
FIGURE 3 PRIMARY SOURCES 25
2.1.2.1 Key data from primary sources 26
2.1.2.2 Key industry insights 27
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE,
DESIGNATION, AND REGION 27
2.2 MARKET SIZE ESTIMATION 28
FIGURE 5 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS 28
FIGURE 6 REVENUE SHARE ANALYSIS ILLUSTRATION 28
FIGURE 7 COUNTRY-LEVEL ANALYSIS OF THE CONTACT LENSES MARKET 29
FIGURE 8 APPROACH 4: TOP-DOWN APPROACH 30
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 31
FIGURE 9 MARKET DATA TRIANGULATION METHODOLOGY 31
2.4 MARKET SHARE ASSUMPTIONS 31
2.5 ASSUMPTIONS FOR THE STUDY 32

3 EXECUTIVE SUMMARY 33
FIGURE 10 CONTACT LENSES MARKET, BY USAGE, 2020 VS. 2025 (USD MILLION) 33
FIGURE 11 CONTACT LENSES MARKET, BY DESIGN, 2020 VS. 2025 (USD MILLION) 34
FIGURE 12 CONTACT LENSES MARKET, BY MATERIAL, 2020 VS. 2025 (USD MILLION) 34
FIGURE 13 CONTACT LENSES MARKET, BY APPLICATION, 2020 VS. 2025 (USD MILLION) 35
FIGURE 14 CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL,
2020 VS. 2025 (USD MILLION) 35
FIGURE 15 GEOGRAPHICAL SNAPSHOT OF THE CONTACT LENSES MARKET 36

4 PREMIUM INSIGHTS 37
4.1 CONTACT LENSES MARKET OVERVIEW 37
FIGURE 16 EMERGING COUNTRIES TO OFFER GROWTH OPPORTUNITIES FOR MARKET PLAYERS 37
4.2 ASIA PACIFIC: CONTACT LENSES MARKET, BY USAGE AND COUNTRY (2019) 38
FIGURE 17 DAILY WEAR CONTACT LENSES SEGMENT ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2019 38
4.3 CONTACT LENSES MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 39
FIGURE 18 INDIA TO REGISTER THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD 39
4.4 REGIONAL MIX: CONTACT LENSES MARKET (2020_2025) 39
FIGURE 19 NORTH AMERICA TO DOMINATE THE CONTACT LENSES MARKET IN 2025 39

5 MARKET OVERVIEW 40
5.1 INTRODUCTION 40
5.2 MARKET DYNAMICS: IMPACT ANALYSIS 40
FIGURE 20 CONTACT LENSES MARKET: DRIVERS, OPPORTUNITIES, AND CHALLENGES 40
5.2.1 DRIVERS 41
5.2.1.1 Growing prevalence of myopia 41
TABLE 1 MYOPIA: GLOBAL PATIENT POPULATION AND PREVALENCE, 2000–2050 41
5.2.1.2 Growing geriatric population 41
FIGURE 21 GROWTH IN THE GERIATRIC POPULATION, BY REGION, 2015–2050 42
5.2.1.3 Increasing preference for contact lenses over prescription eyeglasses 42
5.2.1.4 Impact Analysis 42
5.2.2 OPPORTUNITIES 43
5.2.2.1 Untapped emerging markets 43
TABLE 2 GROWING GERIATRIC POPULATION IN DEVELOPING REGIONS, 2000–2050 43
5.2.2.2 Impact Analysis 43
5.2.3 CHALLENGES 44
5.2.3.1 Shortage of ophthalmologists 44
5.2.3.2 Impact Analysis 44
5.3 REGULATORY SCENARIO FOR THE CONTACT LENSES MARKET 44
5.3.1 NORTH AMERICA 45
5.3.1.1 US 45
TABLE 3 US FDA: MEDICAL DEVICE CLASSIFICATION 45
5.3.1.2 Canada 46
5.3.2 EUROPE 46
5.3.3 ASIA PACIFIC 47
5.3.3.1 Japan 47
5.3.3.2 China 47
5.3.3.3 Singapore 47
5.4 IMPACT OF COVID-19 ON THE CONTACT LENSES MARKET 47
5.4.1 COVID-19: IMPACT ON PLAYERS 48

6 TECHNOLOGICAL SCENARIO 49
6.1 KEY TECHNOLOGIES IN THE CONTACT LENSES MARKET 49
TABLE 4 KEY TECHNOLOGIES IN THE CONTACT LENSES MARKET 49
6.1.1 HYDRACLEAR TECHNOLOGY 50
6.1.2 ASD TECHNOLOGY 50
6.1.3 LACREON TECHNOLOGY 50
6.1.4 PEG TECHNOLOGY 50
6.1.5 PC TECHNOLOGY 51
6.1.6 OPTIMIZED TORIC LENS GEOMETRY TECHNOLOGY 51
6.1.7 DIGITAL ZONE OPTICS LENS DESIGN TECHNOLOGY 51
6.1.8 LIGHTSTREAM LENS TECHNOLOGY 51
6.1.9 SMART CONTACT LENS TECHNOLOGY 51
6.1.10 LIGHT INTELLIGENT/ADAPTIVE TECHNOLOGY 52
6.2 CONTACT LENSES MARKET: FUTURE OUTLOOK 52

7 CONTACT LENSES MARKET, BY PRODUCT TYPE 54
7.1 INTRODUCTION 55
TABLE 5 CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 55
7.2 CONTACT LENSES MARKET, BY USAGE 55
TABLE 6 CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 55
7.2.1 DAILY WEAR CONTACT LENSES 56
7.2.1.1 Daily wear contact lenses accounted for the largest market share in 2019 56
TABLE 7 MAJOR BRANDS OF DAILY WEAR CONTACT LENSES 56
TABLE 8 DAILY WEAR CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 57
7.2.2 EXTENDED WEAR CONTACT LENSES 57
7.2.2.1 Better clinical performance and extended wearability to drive segment growth 57
TABLE 9 MAJOR BRANDS OF EXTENDED WEAR CONTACT LENSES 58
TABLE 10 EXTENDED WEAR CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 58
7.2.3 TRADITIONAL CONTACT LENSES 59
7.2.3.1 Market for traditional contact lenses is expected to be cannibalized by daily and extended wear contact lenses 59
TABLE 11 TRADITIONAL CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 59
7.3 CONTACT LENSES MARKET, BY DESIGN 60
TABLE 12 CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 60
7.3.1 SPHERICAL CONTACT LENSES 60
7.3.1.1 The rising prevalence of myopia is driving the growth of the spherical contact lenses market 60
FIGURE 22 NUMBER OF PEOPLE WITH MYOPIA (MILLION) AND PREVALENCE OF MYOPIA (%), WORLDWIDE, 2000–2050 61
TABLE 13 MAJOR BRANDS OF SPHERICAL CONTACT LENSES 61
TABLE 14 SPHERICAL CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 62
7.3.2 TORIC CONTACT LENSES 62
7.3.2.1 Growing prevalence of astigmatism to drive the growth of the toric contact lenses market 62
TABLE 15 MAJOR BRANDS OF TORIC CONTACT LENSES 63
TABLE 16 TORIC CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 63
7.3.3 MULTIFOCAL CONTACT LENSES 64
7.3.3.1 Multifocal contact lenses to register the highest growth rate during the forecast period 64
TABLE 17 MAJOR BRANDS OF MULTIFOCAL CONTACT LENSES 64
TABLE 18 MULTIFOCAL CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 65
7.3.4 MONOVISION CONTACT LENSES 65
7.3.4.1 Preference for multifocal lenses to slow the adoption of monovision contact lenses 65
TABLE 19 MONOVISION CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 66
7.3.5 COSMETIC CONTACT LENSES 66
7.3.5.1 The growing trend of changing eye appearance is driving the demand for cosmetic contact lenses 66
TABLE 20 COSMETIC CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 67
7.4 CONTACT LENSES MARKET, BY MATERIAL 67
TABLE 21 CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 67
7.4.1 SILICONE HYDROGEL CONTACT LENSES 68
7.4.1.1 High oxygen permeability of silicone hydrogel contact lenses has driven their adoption 68
TABLE 22 MAJOR BRANDS OF SILICONE HYDROGEL CONTACT LENSES 68
TABLE 23 SILICONE HYDROGEL CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 68
7.4.2 HYDROGEL CONTACT LENSES 69
7.4.2.1 The contact lenses market is experiencing a notable shift from hydrogel to silicone hydrogel contact lenses 69
TABLE 24 HYDROGEL CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 69
7.4.3 GAS-PERMEABLE CONTACT LENSES 70
7.4.3.1 Gas-permeable contact lenses have replaced non-porous PMMA contact lenses in recent years 70
TABLE 25 GAS-PERMEABLE CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 70
7.4.4 HYBRID CONTACT LENSES 71
7.4.4.1 Increasing number of refractive surgeries drive the growth of hybrid contact lenses 71
TABLE 26 HYBRID CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 71
7.4.5 POLYMETHYL METHACRYLATE CONTACT LENSES 72
7.4.5.1 Growing demand for hydrogel and silicone hydrogel lenses to significantly decrease the adoption of PMMA lenses 72
TABLE 27 POLYMETHYL METHACRYLATE CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 72
7.5 CONTACT LENSES MARKET, BY COLOR VARIATION 73
TABLE 28 CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 73
7.5.1 OPAQUE CONTACT LENSES 73
7.5.1.1 Opaque lenses held the largest share of the market, by color variation 73
TABLE 29 OPAQUE CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 73
7.5.2 ENHANCED CONTACT LENSES 74
7.5.2.1 Growing adoption of enhanced/tinted lenses in the entertainment sector is a key market driver 74
TABLE 30 ENHANCED CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 74
7.5.3 VISIBILITY TINTED CONTACT LENSES 75
7.5.3.1 Easy availability and the emergence of local players drive the market 75
TABLE 31 VISIBILITY TINTED CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 75
7.6 CONTACT LENSES MARKET, BY APPLICATION 76
TABLE 32 CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 76
7.6.1 CONVENTIONAL CONTACT LENSES 76
7.6.1.1 The increasing prevalence of myopia is one of the major factors supporting the demand for conventional contact lenses 76
TABLE 33 CONVENTIONAL CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 76
7.6.2 ORTHOKERATOLOGY CONTACT LENSES 77
7.6.2.1 Technological advancements and the rising prevalence of myopia drive demand for contact lenses in orthokeratology 77
TABLE 34 ORTHOKERATOLOGY CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 77
7.6.3 DECORATIVE CONTACT LENSES 78
7.6.3.1 Decorative contact lenses market to register a high growth rate during the forecast period 78
TABLE 35 DECORATIVE CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 78

8 CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL 79
8.1 INTRODUCTION 80
TABLE 36 CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 80
8.1.1 IMPACT OF COVID-19 ON THE MARKET, BY DISTRIBUTION CHANNEL 80
8.1.2 RETAIL STORES 80
8.1.2.1 Retail stores accounted for the largest share of the contact lenses market in 2019 80
TABLE 37 CONTACT LENSES MARKET FOR RETAIL STORES, BY COUNTRY, 2018–2025 (USD MILLION) 81
8.1.3 HOSPITALS & CLINICS 81
8.1.3.1 Growing number of hospitals in developing countries to drive the growth of the hospitals & clinics segment 81
TABLE 38 CONTACT LENSES MARKET FOR HOSPITALS & CLINICS, BY COUNTRY, 2018–2025 (USD MILLION) 82
8.1.4 E-COMMERCE 82
8.1.4.1 Growing trend of online purchases to drive the market 82
FIGURE 23 SHARE OF CONTACT LENS PURCHASES MADE ONLINE IN THE US, 2013–2016 83
TABLE 39 CONTACT LENSES MARKET FOR E-COMMERCE, BY COUNTRY, 2018–2025 (USD MILLION) 83

9 CONTACT LENSES MARKET, BY REGION 84
9.1 INTRODUCTION 85
TABLE 40 CONTACT LENSES MARKET, BY REGION, 2020_2025 (USD MILLION) 85
9.2 NORTH AMERICA 85
FIGURE 24 SHARE OF THE GERIATRIC POPULATION (65 AND ABOVE) IN THE TOTAL US POPULATION, 2010-2050 86
FIGURE 25 NORTH AMERICA: CONTACT LENSES MARKET SNAPSHOT 87
TABLE 41 NORTH AMERICA: CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 87
TABLE 42 NORTH AMERICA: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 88
TABLE 43 NORTH AMERICA: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 88
TABLE 44 NORTH AMERICA: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 88
TABLE 45 NORTH AMERICA: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025(USD MILLION) 89
TABLE 46 NORTH AMERICA: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 89
TABLE 47 NORTH AMERICA: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 89
9.2.1 US 89
9.2.1.1 US to dominate the contact lenses market during the forecast period 89
TABLE 48 US: KEY MACROINDICATORS FOR THE CONTACT LENSES MARKET 90
TABLE 49 US: IMPACT OF COVID-19 90
TABLE 50 US: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 91
TABLE 51 US: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 91
TABLE 52 US: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 91
TABLE 53 US: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025(USD MILLION) 92
TABLE 54 US: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 92
TABLE 55 US: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL,
2018–2025 (USD MILLION) 92
9.2.2 CANADA 92
9.2.2.1 Rising prevalence of myopia in Canadian children will drive demand for refractive correction 92
TABLE 56 CANADA: KEY MACROINDICATORS FOR THE CONTACT LENSES MARKET 93
TABLE 57 CANADA: IMPACT OF COVID-19 93
TABLE 58 CANADA: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 93
TABLE 59 CANADA: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 94
TABLE 60 CANADA: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 94
TABLE 61 CANADA: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025(USD MILLION) 94
TABLE 62 CANADA: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 95
TABLE 63 CANADA: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 95
9.3 EUROPE 95
FIGURE 26 EUROPE: CONTACT LENSES MARKET SNAPSHOT 96
TABLE 64 EUROPE: CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 96
TABLE 65 EUROPE: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 97
TABLE 66 EUROPE: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 97
TABLE 67 EUROPE: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 97
TABLE 68 EUROPE: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 98
TABLE 69 EUROPE: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 98
TABLE 70 EUROPE: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 98
9.3.1 UK 98
9.3.1.1 Growing preference for contact lenses over prescription eyeglasses in the UK is a major factor driving market growth 98
TABLE 71 UK: KEY MACROINDICATORS FOR THE CONTACT LENSES MARKET 99
TABLE 72 UK: IMPACT OF COVID-19 99
TABLE 73 UK: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 99
TABLE 74 UK: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 100
TABLE 75 UK: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 100
TABLE 76 UK: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 100
TABLE 77 UK: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 101
TABLE 78 UK: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 101
9.3.2 GERMANY 101
9.3.2.1 The rising prevalence of refractive errors will ensure a steady demand for corrective lenses in the German market 101
TABLE 79 GERMANY: KEY MACROINDICATORS FOR THE CONTACT LENSES MARKET 101
TABLE 80 GERMANY: IMPACT OF COVID-19 102
TABLE 81 GERMANY: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 102
TABLE 82 GERMANY: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 102
TABLE 83 GERMANY: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 103
TABLE 84 GERMANY: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 103
TABLE 85 GERMANY: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 103
TABLE 86 GERMANY: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 104
9.3.3 FRANCE 104
9.3.3.1 Shortage of trained ophthalmologists is a major challenge in France 104
TABLE 87 FRANCE: KEY MACROINDICATORS FOR THE CONTACT LENSES MARKET 104
TABLE 88 FRANCE: IMPACT OF COVID-19 105
TABLE 89 FRANCE: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 105
TABLE 90 FRANCE: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 105
TABLE 91 FRANCE: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 105
TABLE 92 FRANCE: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 106
TABLE 93 FRANCE: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 106
TABLE 94 FRANCE: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 106
9.3.4 ITALY 106
9.3.4.1 Inflexible regulations for medical devices in Italy increase challenges for contact lens manufacturers 106
TABLE 95 ITALY: KEY MACROINDICATORS FOR THE CONTACT LENSES MARKET 107
TABLE 96 ITALY: IMPACT OF COVID-19 107
TABLE 97 ITALY: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 107
TABLE 98 ITALY: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 108
TABLE 99 ITALY: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 108
TABLE 100 ITALY: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 108
TABLE 101 ITALY: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 109
TABLE 102 ITALY: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 109
_
9.3.5 SPAIN 109
9.3.5.1 The percentage population using contact lenses in Spain is very low, indicating high growth opportunities for manufacturers 109
TABLE 103 SPAIN: KEY MACROINDICATORS FOR THE CONTACT LENSES MARKET 110
TABLE 104 SPAIN: IMPACT OF COVID-19 110
TABLE 105 SPAIN: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 110
TABLE 106 SPAIN: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 111
TABLE 107 SPAIN: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 111
TABLE 108 SPAIN: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 111
TABLE 109 SPAIN: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 112
TABLE 110 SPAIN: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 112
9.3.6 REST OF EUROPE 112
TABLE 111 SHARE OF GERIATRIC POPULATION IN ROE COUNTRIES 112
TABLE 112 ROE: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 113
TABLE 113 ROE: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 113
TABLE 114 ROE: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 113
TABLE 115 ROE: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 114
TABLE 116 ROE: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 114
TABLE 117 ROE: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 114
9.4 ASIA PACIFIC 114
FIGURE 27 ASIA PACIFIC: CONTACT LENSES MARKET SNAPSHOT 115
TABLE 118 ASIA PACIFIC: CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 115
TABLE 119 ASIA PACIFIC: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 116
TABLE 120 ASIA PACIFIC: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 116
TABLE 121 ASIA PACIFIC: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 116
TABLE 122 ASIA PACIFIC: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 117
TABLE 123 ASIA PACIFIC: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 117
TABLE 124 ASIA PACIFIC: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 117
9.4.1 JAPAN 117
9.4.1.1 Japan accounted for the largest share of the APAC contact lenses market in 2019 117
TABLE 125 JAPAN: KEY MACROINDICATORS FOR THE CONTACT LENSES MARKET 118
TABLE 126 JAPAN: IMPACT OF COVID-19 118
9.4.1.2 Japan: Market overview 118
9.4.1.2.1 General overview 118
9.4.1.2.2 Regulatory scenario 119
9.4.1.2.3 Shift from two-week to daily lenses 119
9.4.1.2.4 Large target patient population 119
FIGURE 28 JAPAN: SHARE OF AGING POPULATION (65 AND ABOVE), 2009–2019 119
9.4.1.2.5 Daily disposables and cosmetic contact lenses observe slow growth in 2020 but retain strong potential 120
9.4.1.2.6 Slow-down in store-based sales in 2020 120
TABLE 127 JAPAN: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 120
TABLE 128 JAPAN: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 120
TABLE 129 JAPAN: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 120
TABLE 130 JAPAN: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 121
TABLE 131 JAPAN: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 121
TABLE 132 JAPAN: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 121
9.4.2 CHINA 121
9.4.2.1 The contact lenses industry in China is highly regulated, serving as a major challenge for market players to compete in China 121
TABLE 133 CHINA: KEY MACROINDICATORS FOR THE CONTACT LENSES MARKET 122
TABLE 134 CHINA: IMPACT OF COVID-19 122
TABLE 135 CHINA: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 122
TABLE 136 CHINA: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 123
TABLE 137 CHINA: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 123
TABLE 138 CHINA: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 123
TABLE 139 CHINA: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 124
TABLE 140 CHINA: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 124
9.4.3 INDIA 124
9.4.3.1 Increasing incidences of cataracts and refractive errors drive the growth of the contact lenses market in India 124
TABLE 141 INDIA: KEY MACROINDICATORS FOR THE CONTACT LENSES MARKET 125
TABLE 142 INDIA: IMPACT OF COVID-19 125
TABLE 143 INDIA: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 125
TABLE 144 INDIA: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 126
TABLE 145 INDIA: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 126
TABLE 146 INDIA: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 126
TABLE 147 INDIA: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 127
TABLE 148 INDIA: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 127
9.4.4 AUSTRALIA 127
9.4.4.1 Growing geriatric population to support market growth in Australia 127
TABLE 149 AUSTRALIA: KEY MACROINDICATORS FOR THE CONTACT LENSES MARKET 127
TABLE 150 AUSTRALIA: IMPACT OF COVID-19 128
TABLE 151 AUSTRALIA: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 128
TABLE 152 AUSTRALIA: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 128
TABLE 153 AUSTRALIA: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 129
TABLE 154 AUSTRALIA: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 129
TABLE 155 AUSTRALIA: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 129
TABLE 156 AUSTRALIA: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 130
9.4.5 REST OF ASIA PACIFIC 130
TABLE 157 ROAPAC: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 131
TABLE 158 ROAPAC: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 131
TABLE 159 ROAPAC: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 131
TABLE 160 ROAPAC: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 132
TABLE 161 ROAPAC: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 132
TABLE 162 ROAPAC: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 132
9.5 LATIN AMERICA 133
TABLE 163 LATIN AMERICA: CONTACT LENSES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 133
TABLE 164 LATIN AMERICA: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 133
TABLE 165 LATIN AMERICA: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 134
TABLE 166 LATIN AMERICA: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 134
TABLE 167 LATIN AMERICA: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 134
TABLE 168 LATIN AMERICA: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 135
TABLE 169 LATIN AMERICA: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 135
9.5.1 BRAZIL 135
9.5.1.1 Growth of the healthcare industry to drive the contact lenses market in Brazil 135
TABLE 170 BRAZIL: KEY MACROINDICATORS FOR THE CONTACT LENSES MARKET 135
TABLE 171 BRAZIL: IMPACT OF COVID-19 136
TABLE 172 BRAZIL: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 136
TABLE 173 BRAZIL: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 136
TABLE 174 BRAZIL: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 137
TABLE 175 BRAZIL: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 137
TABLE 176 BRAZIL: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 137
TABLE 177 BRAZIL: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 137
9.5.2 REST OF LATIN AMERICA 138
TABLE 178 ROLATAM: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 138
TABLE 179 ROLATAM: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 138
TABLE 180 ROLATAM: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 139
TABLE 181 ROLATAM: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 139
TABLE 182 ROLATAM: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 139
TABLE 183 ROLATAM: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 139
9.6 MIDDLE EAST & AFRICA 140
9.6.1 MIDDLE EAST AND AFRICA HOLD THE SMALLEST MARKET SHARE 140
TABLE 184 MEA: CONTACT LENSES MARKET, BY USAGE, 2018–2025 (USD MILLION) 140
TABLE 185 MEA: CONTACT LENSES MARKET, BY DESIGN, 2018–2025 (USD MILLION) 140
TABLE 186 MEA: CONTACT LENSES MARKET, BY MATERIAL, 2018–2025 (USD MILLION) 141
TABLE 187 MEA: CONTACT LENSES MARKET, BY COLOR VARIATION, 2018–2025 (USD MILLION) 141
TABLE 188 MEA: CONTACT LENSES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 141
TABLE 189 MEA: CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL, 2018–2025 (USD MILLION) 141
10 COMPETITIVE LANDSCAPE 142
10.1 OVERVIEW 142
FIGURE 29 PRODUCT LAUNCHES AND ACQUISITIONS?KEY GROWTH STRATEGIES ADOPTED BY MARKET PLAYERS FROM JANUARY 2017 TO AUGUST 2020 142
10.2 MARKET EVALUATION FRAMEWORK 143
FIGURE 30 MARKET EVALUATION FRAMEWORK: 2019 SAW MARKET CONSOLIDATION THROUGH PARTNERSHIPS, COLLABORATIONS, ACQUISITIONS, AND AGREEMENTS 143
10.3 MARKET SHARE ANALYSIS 144
FIGURE 31 MARKET SHARE ANALYSIS OF KEY PLAYERS IN THE CONTACT LENSES MARKET 144
10.4 CONTACT LENSES MARKET: GEOGRAPHICAL ASSESSMENT, PRODUCT PORTFOLIO MATRIX, AND R&D EXPENDITURE OF KEY PLAYERS 145
FIGURE 32 GEOGRAPHICAL ASSESSMENT OF KEY PLAYERS IN THE CONTACT LENSES MARKET 145
FIGURE 33 R&D EXPENDITURE OF KEY PLAYERS IN THE CONTACT LENSES MARKET 146
TABLE 190 PRODUCT PORTFOLIO MATRIX: CONTACT LENSES MARKET 147
10.5 REVENUE ANALYSIS OF KEY MARKET PLAYERS 147
FIGURE 34 REVENUE ANALYSIS: CONTACT LENSES MARKET 2019 148
10.6 COMPANY EVALUATION MATRIX DEFINITION AND METHODOLOGY 148
10.6.1 STARS 148
10.6.2 EMERGING LEADERS 148
10.6.3 PERVASIVE COMPANIES 148
10.6.4 EMERGING COMPANIES 148
FIGURE 35 COMPANY EVALUATION MATRIX: CONTACT LENSES MARKET 149
10.7 COMPETITIVE SITUATION AND TRENDS 149
10.7.1 PRODUCT LAUNCHES AND ENHANCEMENTS 150
TABLE 191 KEY PRODUCT LAUNCHES AND ENHANCEMENTS, 2017–2020 150
10.7.2 EXPANSIONS 150
TABLE 192 KEY EXPANSIONS, 2017-2020 150
10.7.3 ACQUISITIONS & DIVESTITURES 151
TABLE 193 KEY ACQUISITIONS & DIVESTITURES, 2017–2020 151
10.7.4 AGREEMENTS AND PARTNERSHIPS 151
TABLE 194 KEY AGREEMENTS AND PARTNERSHIPS, 2017–2020 151

11 COMPANY PROFILES 152
(Business Overview, Products, Strategic Overview, Key Insights, Recent Developments, SWOT Analysis, Right to Win)*
11.1 JOHNSON & JOHNSON 152
FIGURE 36 JOHNSON & JOHNSON: COMPANY SNAPSHOT (2019) 152
11.2 ALCON 156
FIGURE 37 ALCON: COMPANY SNAPSHOT (2019) 156
11.3 THE COOPER COMPANIES 160
FIGURE 38 THE COOPER COMPANIES: COMPANY SNAPSHOT (2019) 160
11.4 BAUSCH + LOMB 165
FIGURE 39 BAUSCH + LOMB: COMPANY SNAPSHOT (2019) 165
11.5 CARL ZEISS MEDITEC AG 170
FIGURE 40 CARL ZEISS MEDITEC AG: COMPANY SNAPSHOT (2019) 170
11.6 HOYA CORPORATION 173
FIGURE 41 HOYA CORPORATION: COMPANY SNAPSHOT (2019) 173
11.7 SEED 175