Contact Lenses and Solutions in the US

2020 IMPACT

Led by daily disposable lenses, contact lenses and solutions fare best in eyewear

Thanks to their essential nature, ease of replenishment through e-commerce, and rising popularity in recent years, contact lenses and solutions have been faring best among the major eyewear product categories since the onset of the COVID-19 pandemic in the US, registering a significantly smaller decline in 2020 than more fashion-led eyewear products. However, as a result of the closure of optometrist offices during lockdowns, which impeded new contact lens fittings, as well as consumers’ increased use of spectacles while confined to their homes, contact lenses and solutions was still recording declines across its various categories in 2020.

Frequent replacement lenses innovate to combat declining demand

Partly as a way to hedge against the increasing popularity of daily disposable lenses, as well as to attract more spectacles wearers, makers of frequent replacement lenses have released – and are continuing to release – multifunctional lenses that provide correction for multiple conditions in one lens. In 2019, Bausch + Lomb launched ULTRA Multifocal for Astigmatism contact lenses, a multifocal, toric, monthly silicone hydrogel lens designed to address both astigmatism and presbyopia.

Johnson & Johnson continues to lead a consolidated competitive landscape

Contact lenses in the US remains consolidated, with Johnson & Johnson Vision Care Inc, Alcon Vision LLC and CooperVision Inc, respectively, continuing to maintain their top three rankings year on year. The three leaders, alongside Bausch & Lomb Inc and Menicon Co Ltd, all compete with one another through moves in new product innovation and distribution, as well as by leveraging broad product portfolios and brand recognition.

Files are delivered directly into your account within a few minutes of purchase.