Product Code: ETC074000 | Publication Date: Jun 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
USA Contact Lenses market currently, in 2023, has witnessed an HHI of 2597, Which has increased slightly as compared to the HHI of 1749 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United States contact lenses market is a thriving industry driven by factors such as increasing awareness about eye health, rising prevalence of vision disorders, and growing adoption of contact lenses for cosmetic purposes. The market is characterized by a wide range of products including daily disposable lenses, monthly lenses, toric lenses for astigmatism, and multifocal lenses for presbyopia. Key players in the market compete based on product innovation, pricing strategies, and distribution channels. Online sales channels have gained significant traction due to convenience and a wide product assortment. With advancements in technology leading to more comfortable and breathable lenses, the US contact lenses market is expected to continue its growth trajectory, supported by a strong demand for vision correction solutions.
In the United States, the contact lenses market is experiencing several key trends. One prominent trend is the increasing popularity of daily disposable contact lenses due to their convenience and hygiene benefits. Consumers are also showing a growing preference for silicone hydrogel lenses, which offer improved breathability and comfort. Another notable trend is the rise of online sales channels for contact lenses, providing customers with greater convenience and access to a wider range of products. Additionally, there is a growing interest in specialty contact lenses for purposes such as myopia control and orthokeratology. Overall, the US contact lenses market is witnessing a shift towards more convenient, comfortable, and personalized options driven by technological advancements and changing consumer preferences.
The US contact lenses market faces several challenges, including increasing competition from online retailers and alternative vision correction methods such as LASIK surgery. Regulatory hurdles, such as the need for prescriptions for contact lenses, also pose a challenge for manufacturers and retailers. Moreover, consumer preferences are shifting towards daily disposable lenses, putting pressure on traditional monthly or bi-weekly contact lens sales. Additionally, the COVID-19 pandemic has disrupted the market by impacting consumer spending habits and reducing the number of in-person eye exams, which are essential for purchasing contact lenses. Overall, companies in the US contact lenses market need to navigate these challenges by focusing on innovation, customer education, and leveraging digital marketing strategies to stay competitive and sustain growth in the evolving landscape.
The US contact lenses market offers promising investment opportunities due to several factors. The increasing prevalence of vision-related issues, such as myopia and astigmatism, coupled with a growing aging population, is driving the demand for contact lenses. Technological advancements in the industry, such as the development of silicone hydrogel lenses and daily disposable lenses, are also contributing to market growth. Additionally, the rising trend of cosmetic contact lenses and the growing awareness about the convenience and benefits of wearing contact lenses over traditional eyeglasses are further fueling market expansion. Investors can explore opportunities in manufacturing innovative contact lens products, investing in research and development for advanced materials and designs, and expanding distribution channels to reach a wider consumer base in the competitive US market.
The US Contact Lenses Market is regulated by the Food and Drug Administration (FDA), which oversees the safety and effectiveness of contact lenses through the Federal Food, Drug, and Cosmetic Act. The FDA requires a valid prescription for the purchase of contact lenses, aiming to protect consumers from potential harm and ensure proper fitting and usage. Additionally, the Fairness to Contact Lens Consumers Act mandates that eye care providers must provide patients with a copy of their contact lens prescription, enabling them to shop around for the best prices. These policies promote consumer safety and choice within the US contact lenses market while also ensuring compliance with regulatory standards.
The future outlook for the US Contact Lenses Market looks promising, with steady growth expected in the coming years. Factors driving this growth include an increasing prevalence of vision-related issues such as myopia and presbyopia, growing awareness about the importance of eye health, and advancements in contact lens technology. Additionally, the rising adoption of contact lenses among the younger population for cosmetic reasons and the convenience they offer over traditional eyeglasses are also contributing to market expansion. With an aging population and a growing demand for innovative contact lens products like daily disposables and silicone hydrogels, the US Contact Lenses Market is projected to experience sustained growth and attract new players offering a wider range of options to consumers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Contact Lenses Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Contact Lenses Market Revenues & Volume, 2021 & 2027F |
3.3 United States (US) Contact Lenses Market - Industry Life Cycle |
3.4 United States (US) Contact Lenses Market - Porter's Five Forces |
3.5 United States (US) Contact Lenses Market Revenues & Volume Share, By Material, 2021 & 2027F |
3.6 United States (US) Contact Lenses Market Revenues & Volume Share, By Design, 2021 & 2027F |
3.7 United States (US) Contact Lenses Market Revenues & Volume Share, By Application, 2021 & 2027F |
3.8 United States (US) Contact Lenses Market Revenues & Volume Share, By Distribution Channel, 2021 & 2027F |
3.9 United States (US) Contact Lenses Market Revenues & Volume Share, By Usage, 2021 & 2027F |
4 United States (US) Contact Lenses Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United States (US) Contact Lenses Market Trends |
6 United States (US) Contact Lenses Market, By Types |
6.1 United States (US) Contact Lenses Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Contact Lenses Market Revenues & Volume, By Material, 2018 - 2027F |
6.1.3 United States (US) Contact Lenses Market Revenues & Volume, By Gas Permeable, 2018 - 2027F |
6.1.4 United States (US) Contact Lenses Market Revenues & Volume, By Silicone Hydrogel, 2018 - 2027F |
6.1.5 United States (US) Contact Lenses Market Revenues & Volume, By Hybrid, 2018 - 2027F |
6.2 United States (US) Contact Lenses Market, By Design |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Contact Lenses Market Revenues & Volume, By Spherical, 2018 - 2027F |
6.2.3 United States (US) Contact Lenses Market Revenues & Volume, By Toric, 2018 - 2027F |
6.2.4 United States (US) Contact Lenses Market Revenues & Volume, By Multifocal, 2018 - 2027F |
6.2.5 United States (US) Contact Lenses Market Revenues & Volume, By Others, 2018 - 2027F |
6.3 United States (US) Contact Lenses Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Contact Lenses Market Revenues & Volume, By Corrective, 2018 - 2027F |
6.3.3 United States (US) Contact Lenses Market Revenues & Volume, By Therapeutic, 2018 - 2027F |
6.3.4 United States (US) Contact Lenses Market Revenues & Volume, By Cosmetic, 2018 - 2027F |
6.3.5 United States (US) Contact Lenses Market Revenues & Volume, By Prosthetic, 2018 - 2027F |
6.3.6 United States (US) Contact Lenses Market Revenues & Volume, By Lifestyle-oriented, 2018 - 2027F |
6.4 United States (US) Contact Lenses Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 United States (US) Contact Lenses Market Revenues & Volume, By E-commerce, 2018 - 2027F |
6.4.3 United States (US) Contact Lenses Market Revenues & Volume, By Eye Care Practitioners, 2018 - 2027F |
6.4.4 United States (US) Contact Lenses Market Revenues & Volume, By Retail, 2018 - 2027F |
6.5 United States (US) Contact Lenses Market, By Usage |
6.5.1 Overview and Analysis |
6.5.2 United States (US) Contact Lenses Market Revenues & Volume, By Daily Disposable, 2018 - 2027F |
6.5.3 United States (US) Contact Lenses Market Revenues & Volume, By Disposable, 2018 - 2027F |
6.5.4 United States (US) Contact Lenses Market Revenues & Volume, By Frequently Replacement, 2018 - 2027F |
6.5.5 United States (US) Contact Lenses Market Revenues & Volume, By Traditional, 2018 - 2027F |
7 United States (US) Contact Lenses Market Import-Export Trade Statistics |
7.1 United States (US) Contact Lenses Market Export to Major Countries |
7.2 United States (US) Contact Lenses Market Imports from Major Countries |
8 United States (US) Contact Lenses Market Key Performance Indicators |
9 United States (US) Contact Lenses Market - Opportunity Assessment |
9.1 United States (US) Contact Lenses Market Opportunity Assessment, By Material, 2021 & 2027F |
9.2 United States (US) Contact Lenses Market Opportunity Assessment, By Design, 2021 & 2027F |
9.3 United States (US) Contact Lenses Market Opportunity Assessment, By Application, 2021 & 2027F |
9.4 United States (US) Contact Lenses Market Opportunity Assessment, By Distribution Channel, 2021 & 2027F |
9.5 United States (US) Contact Lenses Market Opportunity Assessment, By Usage, 2021 & 2027F |
10 United States (US) Contact Lenses Market - Competitive Landscape |
10.1 United States (US) Contact Lenses Market Revenue Share, By Companies, 2021 |
10.2 United States (US) Contact Lenses Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |