Contact Lenses Market Outlook:
Contact Lenses Market size was valued at USD 15.6 billion in 2025 and is projected to reach USD 27.8 billion by the end of 2035, rising at a CAGR of 6% during the forecast period, i.e., 2026-2035. In 2026, the industry size of contact lenses is estimated at USD 16.5 billion.
The contact lenses market is driven by the increasing usage of advanced vision correction technologies and the increasing prevalence of vision-related issues, such as presbyopia and myopia, as well as consumer interest in aesthetic eye care, leading to the acceptance of contact lenses across both medical and cosmetic sectors. As per the National Eye Institute report published in December 2024, more than 45 million people in the U.S. wear contact lenses. Contact lenses are divided based on their types, such as hybrid, soft, and rigid gas-permeable contact lenses. Further, contact lenses are safe and effective and should be maintained properly.
On the trade side, the contact lenses reached USD 7.02 billion, which is a decrease from 2022, as stated by the OEC report published in 2023. The trade category of contact lenses has witnessed an annual growth rate of 0.53%. Nearly 4644 products were traded in 2023, and contact lenses ranked 528 in the global trade value, reaching 0.031% of the global trade. Further, the product complexity index has stated that the contact lenses were the 501st complex product among 2913 products, holding the PCI value 0.98. The leading exporters of contact lenses are Germany, the U.S., and Ireland. On the other hand, the top three importers are China, Japan, and the U.S.
