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Report Overview
The Latin America contact lenses market size was approximately USD 1440.40 Million in 2024. The market is estimated to grow at a CAGR of 5.00% during 2025-2034 to reach a value of USD 2346.26 Million by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
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In Brazil, myopia is prevalent in about 20.4% of the schoolchildren. More than 30% of the population in Mexico is affected by Astigmatism, a common disorder in the curvature of the eye.
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Rising prevalence of chronic eye disorders and rising awareness among consumers about eye health are factors supporting the Latin America contact lenses market development.
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The market benefits from rapid technological advancements, such as improvements in lens material, design, and manufacturing techniques.
Latin America Contact Lenses Market Analysis by Region
The presence of regulatory organisations in Brazil such as the Health Regulatory Authority (ANVISA) ensure the marketing and distribution of high quality and safe contact lenses. Along with this, the convenience and appealing vision correction option offered by contact lenses are significantly improving its adoption.
In Argentina, substantial internet penetration is playing a vital role in driving the expansion of e-commerce platforms like LentesPlus. These platforms are gaining popularity due to their convenience, wide range of options, and competitive pricing. As a result, customers are increasingly inclined to buy contact lenses online.
High myopia is becoming more prevalent in Chile, especially among children as a result of the increasing screen time. Contact lenses are gaining traction as a better choice to combat myopia as they offer a natural look without obstructing the vision or reflecting anything in sight.
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.*
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Key Questions Answered in the Report
The market attained a value of USD 1440.40 Million in 2024.
The market is estimated to grow at a CAGR of 5.00% during 2025-2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach a value of USD 2346.26 Million by 2034.
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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