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Learn moreAug 2020
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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.
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.
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.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Contact Lenses and Solutions industry in USA with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Contact Lenses and Solutions industry in USA, our research will save you time and money while empowering you to make informed, profitable decisions.
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This industry report originates from Passport, our Contact Lenses and Solutions market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.