Product Code: GVR-4-68040-289-0
Contact Lens Inspection Market Growth & Trends:
The global contact lens inspection market size is expected to reach USD 1.76 billion by 2030, registering a CAGR of 5.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Various factors, including the prevalence of glaucoma, fuel the growing demand in the contact lens inspection market. For instance, according to National Center for Biotechnology Information (NCBI), glaucoma ranks the second leading cause of irreversible yet preventable blindness worldwide, constituting nearly 8% of global blindness cases.
The global burden of glaucoma surpassed 60.5 million individuals in 2010 and was projected to reach 80 million by 2020. Out of the approximately 39.36 million people affected by blindness globally, over 3 million have glaucoma-related blindness. India bears the highest regional burden of global blindness at 23.5%, with glaucoma being the third leading cause of blindness after cataracts and refractive errors. In India, glaucoma affects 11.9 million individuals, contributing to 8.9 million cases of blindness and representing 12.8% of all blindness cases in the country.
Glaucoma, a leading cause of irreversible blindness worldwide, necessitates regular monitoring and management to prevent vision loss. Contact lens wearers, particularly those with glaucoma, require meticulous inspection of their lenses to ensure proper fit, comfort, and effectiveness in managing their condition. Consequently, the need for advanced inspection technologies and stringent quality control measures is heightened, driving the demand for contact lens inspection solutions. These solutions are crucial in maintaining ocular health and improving the overall quality of life for individuals with glaucoma and other vision-related conditions.
Contact Lens Inspection Market Report Highlights:
- Based on type, the manual contact lens inspection tool segment accounted for the largest revenue market share of 44.58% in 2023 and is also expected to grow at the fastest CAGR during the forecast period, as it is used to visually examine contact lenses for defects or irregularities
- Based on the application, disposable contact lens inspection accounted for the largest revenue share of 34.93% in 2023 and is expected to grow at the fastest CAGR during the forecast period, as they are individually packaged and ready to use, eliminating the need for cleaning and storing, making them convenient for users with busy lifestyles
- In 2023, North America dominated with a share of 37.19%. This region is a hub for technological innovation, with continuous advancements in inspection equipment and techniques, ensuring high-quality and reliable contact lenses
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.1. Segment Definitions
- 1.1.1. Type
- 1.1.2. Application
- 1.1.3. Regional scope
- 1.1.4. Estimates and forecasts timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.3.5.1. Data for primary interviews in North America
- 1.3.5.2. Data for primary interviews in Europe
- 1.3.5.3. Data for primary interviews in Asia Pacific
- 1.3.5.4. Data for primary interviews in Latin America
- 1.3.5.5. Data for Primary interviews in MEA
- 1.4. Information or Data Analysis
- 1.4.1. Data analysis models
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.6.1. Commodity flow analysis (Model 1)
- 1.6.2. Approach 1: Commodity flow approach
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Type outlook
- 2.2.2. Application outlook
- 2.3. Regional outlook
- 2.4. Competitive Insights
Chapter 3. Contact Lens Inspection Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.1.1. Increasing demand for contact lenses
- 3.2.1.2. Rising awareness towards the importance of eye health and safety
- 3.2.1.3. Technological advancements
- 3.2.2. Market Restraint Analysis
- 3.2.2.1. Technological limitations
- 3.3. Contact Lens Inspection Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of suppliers
- 3.3.1.2. Bargaining power of buyers
- 3.3.1.3. Threat of substitutes
- 3.3.1.4. Threat of new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental landscape
- 3.3.2.6. Legal landscape
Chapter 4. Contact Lens Inspection Market: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Contact Lens Inspection Market: Type Movement Analysis
- 4.3. Contact Lens Inspection Market by Type Outlook (USD Million)
- 4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 4.5. Manual Contact Lens Inspection Tool
- 4.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Semiautomatic Contact Lens Inspection Systems
- 4.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7. Fully Automatic Contact Lens Inspection Systems
- 4.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Contact Lens Inspection Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Contact Lens Inspection Market: Application Movement Analysis
- 5.3. Contact Lens Inspection Market by Application Outlook (USD Million)
- 5.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 5.5. Disposable Contact Lens Inspection
- 5.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Contact Lens Inside Plastic Container
- 5.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Contact Lens Inside Molding
- 5.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.8. Dry Lens in the Shell
- 5.8.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.9. Others
- 5.9.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Contact Lens Inspection Market: Regional Estimates & Trend Analysis
- 6.1. Regional Dashboard
- 6.2. Regional Contact Lens Inspection Market Movement Analysis
- 6.3. Contact Lens Inspection Market: Regional Estimates & Trend Analysis by Type & Application
- 6.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 6.5. North America
- 6.5.1. North America Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. U.S.
- 6.5.2.1. Key Country Dynamics
- 6.5.2.2. Competitive Scenario
- 6.5.2.3. Regulatory Framework
- 6.5.2.4. Reimbursement scenario
- 6.5.2.5. U.S. Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.3. Canada
- 6.5.3.1. Key Country Dynamics
- 6.5.3.2. Competitive Scenario
- 6.5.3.3. Regulatory Framework
- 6.5.3.4. Reimbursement scenario
- 6.5.3.5. Canada Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.4. Europe
- 6.5.5. Europe Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.6. UK
- 6.5.6.1. Key Country Dynamics
- 6.5.6.2. Competitive Scenario
- 6.5.6.3. Regulatory Framework
- 6.5.6.4. Reimbursement scenario
- 6.5.6.5. UK Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.7. Germany
- 6.5.7.1. Key Country Dynamics
- 6.5.7.2. Competitive Scenario
- 6.5.7.3. Regulatory Framework
- 6.5.7.4. Reimbursement scenario
- 6.5.7.5. Germany Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.8. France
- 6.5.8.1. Key Country Dynamics
- 6.5.8.2. Competitive Scenario
- 6.5.8.3. Regulatory Framework
- 6.5.8.4. Reimbursement scenario
- 6.5.8.5. France Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.9. Italy
- 6.5.9.1. Key Country Dynamics
- 6.5.9.2. Competitive Scenario
- 6.5.9.3. Regulatory Framework
- 6.5.9.4. Reimbursement scenario
- 6.5.9.5. Italy Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.10. Spain
- 6.5.10.1. Key Country Dynamics
- 6.5.10.2. Competitive Scenario
- 6.5.10.3. Regulatory Framework
- 6.5.10.4. Reimbursement scenario
- 6.5.10.5. Spain Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.11. Denmark
- 6.5.11.1. Key Country Dynamics
- 6.5.11.2. Competitive Scenario
- 6.5.11.3. Regulatory Framework
- 6.5.11.4. Reimbursement scenario
- 6.5.11.5. Denmark Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.12. Sweden
- 6.5.12.1. Key Country Dynamics
- 6.5.12.2. Competitive Scenario
- 6.5.12.3. Regulatory Framework
- 6.5.12.4. Reimbursement scenario
- 6.5.12.5. Sweden Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.13. Norway
- 6.5.13.1. Key Country Dynamics
- 6.5.13.2. Competitive Scenario
- 6.5.13.3. Regulatory Framework
- 6.5.13.4. Reimbursement scenario
- 6.5.13.5. Norway Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Asia Pacific
- 6.6.1. Asia Pacific Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Japan
- 6.6.2.1. Key Country Dynamics
- 6.6.2.2. Competitive Scenario
- 6.6.2.3. Regulatory Framework
- 6.6.2.4. Reimbursement scenario
- 6.6.2.5. Japan Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.3. China
- 6.6.3.1. Key Country Dynamics
- 6.6.3.2. Competitive Scenario
- 6.6.3.3. Regulatory Framework
- 6.6.3.4. Reimbursement scenario
- 6.6.3.5. China Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.4. India
- 6.6.4.1. Key Country Dynamics
- 6.6.4.2. Competitive Scenario
- 6.6.4.3. Regulatory Framework
- 6.6.4.4. Reimbursement scenario
- 6.6.4.5. India Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.5. Australia
- 6.6.5.1. Key Country Dynamics
- 6.6.5.2. Competitive Scenario
- 6.6.5.3. Regulatory Framework
- 6.6.5.4. Reimbursement scenario
- 6.6.5.5. Australia Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.6. South Korea
- 6.6.6.1. Key Country Dynamics
- 6.6.6.2. Competitive Scenario
- 6.6.6.3. Regulatory Framework
- 6.6.6.4. Reimbursement scenario
- 6.6.6.5. South Korea Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.7. Thailand
- 6.6.7.1. Key Country Dynamics
- 6.6.7.2. Competitive Scenario
- 6.6.7.3. Regulatory Framework
- 6.6.7.4. Reimbursement scenario
- 6.6.7.5. Thailand Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. Latin America
- 6.7.1. Latin America Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7.2. Brazil
- 6.7.2.1. Key Country Dynamics
- 6.7.2.2. Competitive Scenario
- 6.7.2.3. Regulatory Framework
- 6.7.2.4. Reimbursement scenario
- 6.7.2.5. Brazil Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7.3. Mexico
- 6.7.3.1. Key Country Dynamics
- 6.7.3.2. Competitive Scenario
- 6.7.3.3. Regulatory Framework
- 6.7.3.4. Reimbursement scenario
- 6.7.3.5. Mexico Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7.4. Argentina
- 6.7.4.1. Key Country Dynamics
- 6.7.4.2. Competitive Scenario
- 6.7.4.3. Regulatory Framework
- 6.7.4.4. Reimbursement scenario
- 6.7.4.5. Argentina Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8. Middle East & Africa
- 6.8.1. Middle East & Africa Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8.2. South Africa
- 6.8.2.1. Key Country Dynamics
- 6.8.2.2. Competitive Scenario
- 6.8.2.3. Regulatory Framework
- 6.8.2.4. Reimbursement scenario
- 6.8.2.5. South Africa Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8.3. Saudi Arabia
- 6.8.3.1. Key Country Dynamics
- 6.8.3.2. Competitive Scenario
- 6.8.3.3. Regulatory Framework
- 6.8.3.4. Reimbursement scenario
- 6.8.3.5. Saudi Arabia Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8.4. UAE
- 6.8.4.1. Key Country Dynamics
- 6.8.4.2. Competitive Scenario
- 6.8.4.3. Regulatory Framework
- 6.8.4.4. Reimbursement scenario
- 6.8.4.5. UAE Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8.5. Kuwait
- 6.8.5.1. Key Country Dynamics
- 6.8.5.2. Competitive Scenario
- 6.8.5.3. Regulatory Framework
- 6.8.5.4. Reimbursement scenario
- 6.8.5.5. Kuwait Contact Lens Inspection Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Market Participant Categorization
- 7.2. Key Company Profiles
- 7.2.1. Rotlex
- 7.2.1.1. Company overview
- 7.2.1.2. Financial performance
- 7.2.1.3. Product benchmarking
- 7.2.1.4. Strategic initiatives
- 7.2.2. Optimec Systems Limited (METROLOGY)
- 7.2.2.1. Company overview
- 7.2.2.2. Financial performance
- 7.2.2.3. Product benchmarking
- 7.2.2.4. Strategic initiatives
- 7.2.3. NEITZ INSTRUMENTS Co., Ltd.
- 7.2.3.1. Company overview
- 7.2.3.2. Financial performance
- 7.2.3.3. Product benchmarking
- 7.2.3.4. Strategic initiatives
- 7.2.4. Optikos
- 7.2.4.1. Company overview
- 7.2.4.2. Financial performance
- 7.2.4.3. Product benchmarking
- 7.2.4.4. Strategic initiatives
- 7.2.5. Oxford Metrics (Industrial Vision Systems)
- 7.2.5.1. Company overview
- 7.2.5.2. Financial performance
- 7.2.5.3. Product benchmarking
- 7.2.5.4. Strategic initiatives
- 7.2.6. Chernger Technologies Co., Ltd.
- 7.2.6.1. Company overview
- 7.2.6.2. Financial performance
- 7.2.6.3. Product benchmarking
- 7.2.6.4. Strategic initiatives
- 7.2.7. AMETEK. Inc. (Zygo Corporation)
- 7.2.7.1. Company overview
- 7.2.7.2. Financial performance
- 7.2.7.3. Product benchmarking
- 7.2.7.4. Strategic initiatives
- 7.2.8. AEA Investors (Excelitas Technologies Corp.)
- 7.2.8.1. Company overview
- 7.2.8.2. Financial performance
- 7.2.8.3. Product benchmarking
- 7.2.8.4. Strategic initiatives
- 7.2.9. ADLINK Technology Inc.
- 7.2.9.1. Company overview
- 7.2.9.2. Financial performance
- 7.2.9.3. Product benchmarking
- 7.2.9.4. Strategic initiatives