Australia Therapeutic Contact Lenses Market Size & Outlook

The therapeutic contact lenses market in Australia is expected to reach a projected revenue of US$ 215.4 million by 2030. A compound annual growth rate of 7.6% is expected of Australia therapeutic contact lenses market from 2023 to 2030.
Revenue, 2022 (US$M)
$119.9
Forecast, 2030 (US$M)
$215.4
CAGR, 2023 - 2030
7.6%
Report Coverage
Australia

Australia therapeutic contact lenses market highlights

  • The Australia therapeutic contact lenses market generated a revenue of USD 119.9 million in 2022 and is expected to reach USD 215.4 million by 2030.
  • The Australia market is expected to grow at a CAGR of 7.6% from 2023 to 2030.
  • In terms of segment, soft lens was the largest revenue generating product in 2022.
  • Rigid lens is the most lucrative product segment registering the fastest growth during the forecast period.

Therapeutic contact lenses market data book summary

Market revenue in 2022USD 119.9 million
Market revenue in 2030USD 215.4 million
Growth rate7.6% (CAGR from 2022 to 2030)
Largest segmentSoft lens
Fastest growing segmentRigid lens
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoft lens, Rigid lens
Key market players worldwideBausch & Lomb Corp, Danaher Corp, The Cooper Companies Inc, Johnson & Johnson, Alcon Inc, X-Cel Specialty Contacts, Contamac, Excellent Care, Surgitech, UltraVision

Other key industry trends

  • In terms of revenue, Australia accounted for 2.9% of the global therapeutic contact lenses market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan therapeutic contact lenses market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 268.4 million by 2030.

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Therapeutic Contact Lenses Market Companies

Name Profile # Employees HQ Website

Australia therapeutic contact lenses market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to therapeutic contact lenses market will help companies and investors design strategic landscapes.


Soft lens was the largest segment with a revenue share of 64.39% in 2022. Horizon Databook has segmented the Australia therapeutic contact lenses market based on soft lens, rigid lens covering the revenue growth of each sub-segment from 2018 to 2030.


  • Australia Therapeutic Contact Lenses Product Outlook (Revenue, USD Million, 2018-2030)
    • Soft lens
      • Silicon hydrogel
      • Hydrogel
      • Others
    • Rigid lens
  • Australia Therapeutic Contact Lenses Application Outlook (Revenue, USD Million, 2018-2030)
    • Post ocular surgery
    • Corneal surgery/disorders
    • Drug delivery
    • Others
  • Australia Therapeutic Contact Lenses Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Retail
    • E-commerce
    • Others

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Target buyers of Australia therapeutic contact lenses market databook

  • Our clientele includes a mix of therapeutic contact lenses market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Australia therapeutic contact lenses market , including forecasts for subscribers. This country databook contains high-level insights into Australia therapeutic contact lenses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia therapeutic contact lenses market size, by product, 2018-2030 (US$M)

Australia Therapeutic Contact Lenses Market Outlook Share, 2022 & 2030 (US$M)

Australia therapeutic contact lenses market size, by product, 2018-2030 (US$M)

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