Contact Lens Inspection Market To Reach $1.76 Billion By 2030

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.

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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

Contact Lens Inspection Market Segmentation

Grand View Research has segmented the global contact lens inspection market based on type, application, and region:

Contact Lens Inspection Type Outlook (Revenue, USD Million, 2018 - 2030)

• Manual Contact Lens Inspection Tool

• Semiautomatic Contact Lens Inspection Systems

• Fully Automatic Contact Lens Inspection Systems

Contact Lens Inspection Application Outlook (Revenue, USD Million, 2018 - 2030)

• Disposable Contact Lens Inspection

• Contact Lens Inside Plastic Container

• Contact Lens Inside Molding

• Dry Lens in the Shell

• Others

Contact Lends Inspection Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Norway

• Asia Pacific

  • Japan

  • China

  • India

  • Thailand

  • Australia

  • South Korea

  • Sweden

• Latin America

  • Brazil

  • Mexico

  • Argentina

• Middle East and Africa

  • Saudi Arabia

  • South Africa

  • UAE

  • Kuwait

List of Key Players in the Contact Lens Inspection Market

• Rotlex

• Optimec Systems Limited (METROLOGY)

• NEITZ INSTRUMENTS Co., Ltd.

• Optikos

• Oxford Metrics (Industrial Vision Systems)

• Chernger Technologies Co., Ltd.

• AMETEK, Inc. (Zygo Corporation)

• AEA Investors (Excelitas Technologies Corp.)

• ADLINK Technology Inc.