Market Insights & Analysis: US Contact Lenses Market (2023-28)
Projected Growth: The US Contact Lenses Market size is estimated to grow at a CAGR of around 5.3% during the forecast period, i.e., 2023-28.
In-Depth Overview of the US Contact Lenses Market
Utilizing both primary and secondary research methodologies, the US Contact Lenses Market report offers an in-depth analysis valuable for stakeholders and investors seeking market insights. This report delves into market dynamics, providing a detailed examination of regional trends and developments.
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Key Driver: 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.
US Contact Lenses Market Segmentation
By Material Type
-Soft Contact Lenses
–Silicone Hydrogel
–Hydrogel
-Hard Contact Lenses
–Rigid Gas-Permeable Lenses (RGP)
–Polymethyl Methacrylate (PMMA)
-Hybrid Contact Lenses
By Design
-Spherical
-Toric
-Multifocal
-Others (Monovision, Color lenses, etc.)
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.
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
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Leading Companies in the US Contact Lenses Market
The report features major players including:
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
Regional Analysis
The report covers a comprehensive analysis of the US Contact Lenses Market across various regions:
- North East
- Mid-West
- West
- South
The research highlights development opportunities and challenges in these regions, encompassing sales growth, product pricing and analysis, growth potential, and strategic recommendations for addressing market challenges.
Essential Questions Addressed in the US Contact Lenses Market Report
- Who are the major players in the US Contact Lenses Market?
- Which region presents the most potential for the US Contact Lenses Market?
- Which application area of the US Contact Lenses Market is anticipated to grow significantly in the coming years?
- What opportunities exist for new market entrants?
- What is the projected market size for the US Contact Lenses Market by the end of the forecast period?
- What are the growth prospects for the US Contact Lenses Market?
- What is the base year considered in this market report?
- Which region holds the largest market share in the US Contact Lenses Market?
- What factors are expected to drive the growth of the US Contact Lenses Market?
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