Global Disposable Contact Lens Market - Outlook and Forecast 2022-2027

Market Overview

The global market for disposable contact lenses is projected to grow at a compound annual growth rate (CAGR) of over 9% from 2022 to 2027, reaching $11 billion by 2027 compared to $6 million in 2021. Disposable contact lenses refer to lenses that are discarded after a specific prescribed period of use. This includes daily disposable lenses, which are worn and discarded at the end of each day, as well as extended wear and planned disposable lenses, which are worn for a prescribed time period and then discarded.

As of 2020, approximately 2.2 billion people worldwide suffer from near or distance vision impairment, with nearly half of these cases being preventable or unaddressed. Uncorrected refractive errors and cataracts are the leading causes of vision impairment and blindness. By 2050, it is estimated that more than 4.7 billion people will be affected by myopia. Individuals over the age of 50 often require contact lenses due to vision loss, impairment, and blindness. These vision-related issues impose a significant economic burden globally.

Product Type

Market Report

No. of Pages


Release Date

April 2022

Base Year


Forecast Period


Market Size

USD 6.7 billion in 2020

Market Segments

Usage, Material, Application, Distribution, Design, and Geography



No. of Companies Mentioned


The demand for disposable contact lenses in the global market is expected to increase due to growing emphasis on aesthetic appearance and the fashion industry’s acceptance of colored contact lenses. Disposable lenses are easier to use as they require less maintenance and cleaning. Factors such as changing fashion trends, pollution, varying levels of usage intensity, attractive pricing points, buyback schemes, and the introduction of value-added products contribute to the increasing demand for disposable contact lenses.

Among the different types, the daily disposable segment holds a share of 55.18% in the market. The usage of daily disposable contact lenses is expected to rise over time, as many long-term users are shifting towards this option. The lower risk of infection, minimal maintenance, and continuous wear are major factors driving the growth of daily disposable contact lenses.

Daily disposable lenses are particularly popular for occasional use, such as during travel, sports activities, events, and official meetings. The industry is also driven by a shift towards premium-priced and cosmetic contact lenses, influenced by lifestyle changes and increased income levels among the population. Furthermore, the rise of e-commerce as a preferred distribution channel has contributed to the growth of the daily disposable contact lens market.

New product approvals and launches have also played a significant role in driving the market for daily wear contact lenses. The increasing acceptance and penetration rate of disposable contact lenses present new opportunities for both the industry and vendors. Additionally, the introduction of cosmetic lenses with new technologies and colors has brought about new trends in the market. From 2015 to 2020, numerous unique products entered the industry, driving growth for vendors.

The high acceptance of daily disposable silicone hydrogel contact lenses is another factor driving the industry’s growth. Silicone hydrogel-based daily disposables are widely used for eye care due to their effectiveness, ease of handling, and beneficial properties. This preference among ophthalmologists positively impacts the growth of the industry.

Market Segmentation

The market is segmented based on various factors, including usage, material, application, distribution, design, and geography.

Segmentation by Usage
Daily Disposable
Frequent/Planned/Extended Wear

Segmentation by Material
Silicone Hydrogel

Segmentation by Application
Corrective Lenses
Therapeutic Lenses
Cosmetic Lenses

Segmentation by Distribution
Retail Optical Store
Hospitals & Ophthalmology Clinics
Online Store

Segmentation by Design

Segmentation by Geography
North America – US, Canada
Europe – Germany, France, UK, Italy, Spain
APAC – China, Japan, India, South Korea, Australia
Latin America – Brazil, Mexico, Argentina
Middle East & Africa – South Africa, Saudi Arabia, Turkey, UAE

The disposable contact lenses segment held a significant share by usage in 2021, primarily due to their thin and high-water content, which makes them popular among users. The adoption of silicone hydrogel material in this segment has been increasing owing to its enhanced oxygen permeability, improved performance, comfort, extended wear, and better eye health.

Corrective contact lenses are widely utilized to address various eye problems and improve vision. Conditions such as myopia, hyperopia, astigmatism, and presbyopia, which are significant vision impairments, drive the demand for corrective contact lenses.

In developing countries like Latin America and Asia, the distribution of contact lenses through retail stores has seen an upswing. Consumers in these regions show a preference for retail stores due to brand reputation, consumer awareness, and increased customer satisfaction. Among different designs, spherical contact lenses are expected to dominate the market, primarily driven by the growing prevalence of myopia, hyperopia, and presbyopia.

North America accounted for over 30% of the global disposable contact lens market. The region experiences a rise in the target population, contributing to market growth. Vision loss and eye problems result in an economic burden ranging from USD 140 to USD 150 billion annually in the US. Studies indicate that the number of Americans with vision problems and blindness is projected to double over the next three decades as the baby boomers age, further driving the industry.

The Asia Pacific (APAC) region exhibits the highest compound annual growth rate (CAGR) during the forecast period. APAC is home to densely populated countries like China and India, which contribute significantly to market growth due to their large population. The entry of various e-commerce chains in the region has had a substantial impact on the disposable contact lens market. This has led to a decrease in product costs in countries like India and China, thus driving the increased adoption of disposable contact lenses in the market.

Competitive Landscape

The major participants in the disposable contact lens market include Johnson & Johnson, Bausch+Lomb, Alcon, and Cooper Companies. These companies are actively devising strategies to cultivate enduring partnerships with suppliers and distributors in order to expand their sales volume and geographical presence.

Eyeglasses are often preferred by a significant portion of the population due to their familiarity and cost-effectiveness. In line with this, vendors have the opportunity to promote their products based on the economic conditions prevailing in specific countries.

Furthermore, well-established vendors are engaging in strategic collaborations and co-marketing agreements to enhance their competitive edge and gain greater market access for their contact lens offerings.

Key companies profiled in this report include Johnson & Johnson, Bausch+Lomb, Alcon, Cooper Companies, Aqualens, BenQ Materials, Bescon, Carl Zeiss, ClearLab, CAMAX OPTICAL, Clerio Vision, Hydron Contact Lens, Hoya, INTEROJO, Maxvue Vision, Menicon, SENSIMED, St. Shine Optical, UltraVision CLPL, Visioneering Technologies, Feels Good Contact.

Key Questions Answered

What is the current value of the disposable contact lens industry?

The disposable contact lenses market was valued at USD 6.73 billion in 2021 and is expected to reach USD 11.46 billion by 2027, growing at a CAGR of 9.27% during the forecast period.

Who are the major players in the disposable contact lens market?

The major players in the market are Johnson & Johnson, Bausch+Lomb, Alcon, and Cooper Companies.

Which region is projected to experience the highest growth in the disposable contact lenses industry?

The APAC region is anticipated to have the highest growth in the disposable contact lenses industry.

What are the key trends driving the disposable contact lenses market?

The key trends driving the disposable contact lenses market include a shift towards premium-priced and cosmetic contact lenses, the rise of e-commerce, the introduction of new products, and an increasing target population.

Which type of contact lens is leading in the by-design segment?

Spherical lenses are leading in the by-design segment.

Original price was: USD 3,750.Current price is: USD 2,250.

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Global Disposable Contact Lens Market - Outlook and Forecast 2022-2027

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Global Disposable Contact Lens Market - Outlook and Forecast 2022-2027

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