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Latin America Contact Lenses Market Size, Share, Analysis: By Material: Gas Permeable, Silicone Hydrogel, Hybrid; By Design: Spherical Lens, Toric Lens, Multifocal Lens, Others; By Application: Corrective, Therapeutic, Cosmetic, Prosthetic; By Distribution Channel; Regional Analysis; Competitive Landscape; 2024-2032
Latin America Contact Lenses Market Trends
Degenerative myopia is found to be a major cause of visual disability in middle-aged Argentinean adults. Further, in Mexico, astigmatism and myopia are common ocular problems. Prevalence of these conditions is expected to increase the demand for contact lenses as a corrective measure.
Rising popularity of silicone hydrogel lenses can be attributed to their superior oxygen permeability, extended wear capability, moisture retention, visual clarity, compatibility with modern lifestyles, and increased market availability.
By establishing partnerships with eye care professionals, optical retailers, or healthcare organisations, contact lens manufacturers can expand their reach to a wider customer base.
Latin America Contact Lenses Market Report Snapshots
Latin America Contact Lenses Market Size
Latin America Contact Lenses Market Trends
Latin America Contact Lenses Market Share
Latin America Contact Lenses Companies
Latin America Contact Lenses Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Contact Lenses Market Overview
8.1 Key Industry Highlights
8.2 Global Contact Lenses Historical Market (2018-2023)
8.3 Global Contact Lenses Market Forecast (2024-2032)
9 Latin America Contact Lenses Market Overview
9.1 Key Industry Highlights
9.2 Latin America Contact Lenses Historical Market (2018-2023)
9.3 Latin America Contact Lenses Market Forecast (2024-2032)
10 Latin America Contact Lenses Market by Material
10.1 Gas Permeable
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Silicone
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Hydrogel
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Hydrogel
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 Latin America Contact Lenses Market by Design
11.1 Spherical Lens
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Toric Lens
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Multifocal Lens
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Latin America Contact Lenses Market by Application
12.1 Corrective
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Therapeutic
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Cosmetic
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Prosthetic
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
13 Latin America Contact Lenses Market by Distribution Channel
13.1 Eye Care Professionals
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Retail
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Online
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
14 Latin America Contact Lenses Market by Country
14.1 Brazil
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Mexico
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Argentina
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Chile
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Others
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Trade Data Analysis (HS Code – 900130)
16.1 Major Importing Countries
16.1.1 By Value
16.1.2 By Volume
16.2 Major Exporting Countries
16.2.1 By Value
16.2.2 By Volume
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Carl Zeiss AG
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 CooperVision, Inc.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Menicon Co., Ltd.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Alcon Inc.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 SynergEyes
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Johnson & Johnson Surgical Vision, Inc.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Solotica
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Bausch + Lomb Corporation
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Fintech Market: Key Industry Highlights, 2018 and 2032
2. Latin America Contact Lenses Market: Key Industry Highlights, 2018 and 2032
3. Latin America Contact Lenses Historical Market: Breakup by Material (USD Million), 2018-2023
4. Latin America Contact Lenses Market Forecast: Breakup by Material (USD Million), 2024-2032
5. Latin America Contact Lenses Historical Market: Breakup by Design (USD Million), 2018-2023
6. Latin America Contact Lenses Market Forecast: Breakup by Design (USD Million), 2024-2032
7. Latin America Contact Lenses Historical Market: Breakup by Application (USD Million), 2018-2023
8. Latin America Contact Lenses Market Forecast: Breakup by Application (USD Million), 2024-2032
9. Latin America Contact Lenses Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
10. Latin America Contact Lenses Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
11. Latin America Contact Lenses Historical Market: Breakup by Country (USD Million), 2018-2023
12. Latin America Contact Lenses Market Forecast: Breakup by Country (USD Million), 2024-2032
13. Latin America Contact Lenses Market Structure
Key Questions Answered in the Report
The market attained a value of USD 1,440.40 million in 2023.
The market is estimated to grow at a CAGR of 5.0% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 2234.47 million by 2032.
The major market drivers include increasing cases of refractive eye conditions, increased preference for coloured and cosmetic lenses, and rising disposable incomes.
The key market trends include technological improvements, increasing demand for daily disposable lenses, expansion of online channels, and growing demand for premium vision correction options.
The key countries are Brazil, Mexico, Argentina, Chile, and others.
The significant distribution channels include eye care professionals, retail, and online.
The key players in the market include Carl Zeiss AG, CooperVision, Inc., Menicon Co., Ltd., Alcon Inc., SynergEyes, Johnson & Johnson Surgical Vision, Inc., and Solótica, Bausch + Lomb Corporation among others.
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