The global contact lenses market size reached US$ 8.5Billion in 2023. Contact lenses are thin, curved films that are worn directly on the cornea to improve the vision of individuals with refractive errors, such as hyperopia, astigmatism, myopia, and presbyopia. They are made using transparent plastic disks with a slight tint of color to enhance the hues. In addition, these are considered a safer alternative to eyeglasses as they offer a wider field of vision, aiding individuals to see with more clarity. Owing to these properties, contact lenses are widely adopted for vision correction and cosmetic purposes.
As per the analysis by IMARC Group, the top contact lens companies areintroducing special lenses to slow the progression of nearsightedness in children and treat keratoconus and other corneal irregularities. They are also manufacturing ultra-violet (UV) lenses that protect eyes from sun rays, which can cause cataracts and other eye problems. In addition, various market players are launching innovative colored lenses for cosmetic purposes to expand their consumer base. Looking forward, IMARC Group expects the market to reach US$ 13.7Billion by 2032, exhibiting a CAGR of 5.2% during the forecast period (2024-2032).
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List of Top Contact Lenses Companies Across the World
Alton Vision LLC
Establishment:1945
Headquarters:Geneva, Switzerland
Website: https://www.alcon.com/
Alcon Vision LLC is one of the leading companies in eye care. With over 75 years of experience, the company has become the world's largest eye care device company, with complementary businesses in surgical and vision care. It offers ophthalmic surgical products, retinal, refractive surgery, cataract devices, advanced technology intraocular lenses (ATIOLs) and surgical solutions, surgical packs, and other disposable products. Presently, Alton operates in 60 countries and serves patients in more than 140 countries across the globe.
Bausch & Lomb Incorporated
Establishment:1853
Headquarters:Ontario, Canada
Website: https://www.bausch.com/
Bausch & Lombis the world's largest supplier ofcontact lenses, pharmaceuticals,intraocular lenses, and other eye surgery products. It operates through three segments, namely vision care/consumer health care, surgical, and ophthalmic pharmaceuticals. It offers contact lenses, contact lens care products, over-the-counter eye drops, eye vitamins, mineral supplements, tools and technologies for treating cataracts, intraocular lenses and delivery systems, phacoemulsification equipment, and other surgical instruments and devices.
Carl Zeiss AG
Establishment:1846
Headquarters:Gena, Germany
Website: https://www.zeiss.com/
Carl Zeiss AG is one of the leading manufacturers ofoptical systemsandoptoelectronics. It offers products and solutions for diagnosing and treating eye diseases, systems and consumables for cataract and refractive surgeries, visualization solutions, and solutions for reconstructive, dental and spinal surgeries. It also serves practicing ophthalmologists, optometrists, and surgeons in hospitals and outpatient surgery centers. Presently, the company is active in four business segments in around 50 countries across the globe.
Contamac Holdings Limited
Establishment:1987
Headquarters:Essex, England
Website: https://www.contamac.com/
Contamac is the world's largest independent manufacturer of intraocular (IOL) lens materials and contact lenses (CL) and a global provider of biocompatible materials for implantable and medical applications. It also manufactures a range of technically advanced materials for eye surgeries. The company employs highly-trained specialists and operates out of state-of-the-art premises.
EssilorLuxottica SA
Establishment:1849
Headquarters:Paris, France
Website: https://www.essilorluxottica.com/
EssilorLuxottica Société Anonyme manufactures, designs, and distributes ophthalmic lenses, frames, and sunglasses in North America, Latin America, Europe, Asia, and Africa. It offers luxury and sports eyewear, lenses and small equipment, progressive lenses, transitions photochromic lenses, polarized sun lenses, and edging and mounting instruments for opticians and prescription laboratories. The company was formerly known as Essilor International Société Anonyme and presently has a network of 490 prescription laboratories and edging-mounting facilities.
Hoya Corporation
Establishment:1941
Headquarters:Tokyo, Japan
Website: https://www.hoya.com/
Hoya Corporation is a company manufacturingoptical productssuch as photomask blanks, photomasks, hard disk driveplatters, contact lenses, eyeglass lenses for the healthcare market,medical photonicslasers, medical flexible endoscopy equipment, and software companies. In addition, the company provides information technology products manufacturing semiconductor chips, glass disks, and imaging products. Further, it engages in the research, development, manufacture, and sale of photomasks to produce flat panel displays.
Johnson & Johnson Services, Inc.
Establishment:1886
Headquarters:New Jersey, the United States
Website: https://www.jnj.com/
Johnson & Johnson, together with its subsidiaries, develops, manufactures, and sells various products in the healthcare field worldwide. Its MedTech segment provides electrophysiology products, neurovascular care products, disposable contact lenses, and ophthalmic products related to cataracts and laser refractive surgery under the ACUVUE brand. Besides this, the company operates through the consumer health and pharmaceuticals segment.
Menicon Co. Limited
Establishment:1951
Headquarters:Nagoya, Japan
Website: https://www.menicon.com/
Menicon Co., Ltd. is Japan's first and largest contact lens manufacturer. It manufactures and provides contact lenses and lens care products to hospitals, contact lens stores, ophthalmology clinics, eyeglass stores, and drug stores. The company exports its products to 80 countries, including the United States, Europe, and Asia.Besides this, Menicon is the only manufacturer in the world that is dedicated to all areas of contact lenses-related business, including lens designing and manufacturing contact lenses, material development, and care solutions.
SEED Co. Limited
Establishment:1940
Headquarters:Tokyo, Japan
Website: https://www.seed.co.jp/
SEED Co. ltd. manufactures and supplies care products, contact lenses, spectacle frames, and other eye care products in Japan and internationally. The company offers disposable contact lenses, multistage bifocal lenses, UV replacement contact lenses, rigid gas-permeable contact lenses, and medical contact lenses. In addition, the company offers glass frames under the ViVi fleurs, Vivid Moon, and Plusmix brand names.
SynergEyes Inc.
Establishment:2001
Headquarters:Tokyo, Japan
Website:https://synergeyes.com/
SynergEyes is a leading expert in specialty contact lenses for both normal and irregular corneal conditions. It provides a broad portfolio of technologically advanced contact lenses. Recently, the company launched the next generation of hybrid contact lenses, SynergEyes iD, for astigmatism, presbyopia, hyperopia, and myopia. Moreover, SynergEyes is innovating and expanding its product portfolio to expand vision possibilities.
Cooper Companies Inc.
Establishment:1958
Headquarters:California, the United States
Website: https://www.coopercos.com/
The Cooper Companies, Inc. and its subsidiaries manufacture, develop, and market contact lens wearers. The company operates in two segments, namely CooperVision and cooperSurgical, and offers spherical lenses, toric and multifocal lenses, medical devices, fertility, genomics, diagnostics, and contraception to healthcare professionals and patients worldwide. It also offers surgical and office products such as closure, point of care, LEEP, endorsee, illuminate and fetal pillows, and fertility products.
About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has successfully done multiple projects in the contact lenses industry, which has enabled clients to set up and expand their businesses. Some of the company's offerings include:
- Market Research
- Plant setup
- Plant Expansion
- Marketing and sales
- Procurement and Distribution
- Innovation and Product Development
