Latin America Contact Lens Market: By Modality Type, By Design Type, By Material Type, By Application, By Distribution Channel, and Country Forecast 2020-2031

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Latin America Contact Lens Market: By Modality Type (Daily Wear, Weekly/Monthly), By Design Type (Toric, Multifocal, Cosmetic, Sphere), By Material Type (Silicone Hydrogel, Hydrogel, Gas Permeable, Hybrid, PMMA), By Application (Conventional, Orthokeratology, Decorative), By Distribution Channel (Retail Stores, Hospitals and Clinics, E-commerce), and Country Forecast 2020-2031

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Latin America Contact Lenses Market size was valued at US$ 1.4 billion in 2024 and is expected to reach US$ 2.3 billion by 2031, growing at a significant CAGR of 6.7% from 2025-2031. The market players into the region coupled with surge in prevalence of ophthalmic diseases are anticipated to propel the market over the forecast years. Moreover, development in health care infrastructure, grow in disposable income, and adoption of advanced contact lens products are the major factors that are driving the growth of Latin America contact lens market over the forecast timeframe. Market players are focus to strengthen their geographical presence with the expansion of business in the Latin America region.

Key Developments

  • For instance, in February 2019, Essilor international expanded its geographical presence in the Latin America region with the acquisition of majority stake in Indulentes, one of the leading prescription laboratories in Ecuador.  

Latin America Contact Lens Market Dynamics

Moreover, development in health care infrastructure, grow in disposable income, and adoption of advanced contact lens products are the major factors that are driving the growth of Latin America contact lens market over the forecast timeframe.

Latin America Contact Lens Market Segmentation Analysis

Report Benchmarks

Details

Market Size in 2024

US$ 1.4 billion

Market Size in 2031

US$ 2.3 billion

By Modality

  • Weekly/Monthly
  • Daily Wear

By Design Type

  • Toric
  • Multifocal
  • Cosmetic
  • Sphere

By Material Type

  • Silicone Hydrogel
  • Hydrogel
  • Gas Permeable
  • Hybrid
  • PMMA

By Application

  • Conventional Contact Lens
  • Orthokeratology
  • Decorative
  • Retail Stores
  • Hospitals and Clinics
  • E-commerce

Key Features of the Report

  • The latin america contact lens market report provides granular level information about the market size, regional market share, historic market (2020-2024) and forecast (2025-2031)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startups details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis

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Frequently Asked Questions

Latin america contact lenses market size was valued at US$ 1.4 billion in 2024 and is expected to reach US$ 2.3 billion by 2031, growing at a significant CAGR of 6.7%.

The market data: Latin America (Brazil, Mexico, Argentina)

The key players of the market are Johnson & Johnson Alcon, Inc. CooperVision, Inc.Bausch + Lomb Carl Zeiss Meditech AG

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1.Executive Summary
2. Latin America Contact Lens Market Introduction 
2.1. Latin America Contact Lens Market  - Taxonomy
2.2. Latin America Contact Lens Market  - Definitions
2.2.1.Modality
2.2.2.Design Type
2.2.3.Material Type
2.2.4.Application
2.2.5.Country
3. Latin America Contact Lens Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Latin America Contact Lens Market Analysis, 2020 - 2024 and Forecast 2025 - 2031
4.1.  Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Latin America Contact Lens Market  By Modality, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
5.1. Weekly/Monthly
5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Daily Wear
5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6. Latin America Contact Lens Market  By Design Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
6.1. Toric
6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Multifocal
6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Cosmetic
6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Sphere
6.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
7. Latin America Contact Lens Market  By Material Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
7.1. Silicone Hydrogel
7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Hydrogel
7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Gas Permeable
7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Hybrid
7.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. PMMA
7.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8. Latin America Contact Lens Market  By Application, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
8.1. Conventional Contact Lens
8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Orthokeratology
8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Decorative
8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Retail Stores
8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Hospitals and Clinics
8.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
8.6. E-commerce
8.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.6.3. Market Opportunity Analysis 
9. Latin America Contact Lens Market  By Country, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
9.1. Latin America
9.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Brazil
9.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Mexico
9.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Rest of LA
9.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
10.Latin America Latin America Contact Lens Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
10.1. Modality Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Weekly/Monthly
10.1.2.Daily Wear
10.2.  Design Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Toric
10.2.2.Multifocal
10.2.3.Cosmetic
10.2.4.Sphere
10.3.  Material Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Silicone Hydrogel
10.3.2.Hydrogel
10.3.3.Gas Permeable
10.3.4.Hybrid
10.3.5.PMMA
10.4.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Conventional Contact Lens
10.4.2.Orthokeratology
10.4.3.Decorative
10.4.4.Retail Stores
10.4.5.Hospitals and Clinics
10.4.6.E-commerce
11.Brazil Latin America Contact Lens Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
11.1. Modality Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Weekly/Monthly
11.1.2.Daily Wear
11.2.  Design Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Toric
11.2.2.Multifocal
11.2.3.Cosmetic
11.2.4.Sphere
11.3.  Material Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Silicone Hydrogel
11.3.2.Hydrogel
11.3.3.Gas Permeable
11.3.4.Hybrid
11.3.5.PMMA
11.4.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Conventional Contact Lens
11.4.2.Orthokeratology
11.4.3.Decorative
11.4.4.Retail Stores
11.4.5.Hospitals and Clinics
11.4.6.E-commerce
12.Mexico Latin America Contact Lens Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
12.1. Modality Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Weekly/Monthly
12.1.2.Daily Wear
12.2.  Design Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Toric
12.2.2.Multifocal
12.2.3.Cosmetic
12.2.4.Sphere
12.3.  Material Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Silicone Hydrogel
12.3.2.Hydrogel
12.3.3.Gas Permeable
12.3.4.Hybrid
12.3.5.PMMA
12.4.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Conventional Contact Lens
12.4.2.Orthokeratology
12.4.3.Decorative
12.4.4.Retail Stores
12.4.5.Hospitals and Clinics
12.4.6.E-commerce
13.Rest of LA Latin America Contact Lens Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
13.1. Modality Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Weekly/Monthly
13.1.2.Daily Wear
13.2.  Design Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Toric
13.2.2.Multifocal
13.2.3.Cosmetic
13.2.4.Sphere
13.3.  Material Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Silicone Hydrogel
13.3.2.Hydrogel
13.3.3.Gas Permeable
13.3.4.Hybrid
13.3.5.PMMA
13.4.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Conventional Contact Lens
13.4.2.Orthokeratology
13.4.3.Decorative
13.4.4.Retail Stores
13.4.5.Hospitals and Clinics
13.4.6.E-commerce
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Johnson & Johnson 
14.2.2.Alcon, Inc. 
14.2.3.CooperVision, Inc.
14.2.4.Bausch + Lomb 
14.2.5.Carl Zeiss Meditech AG 
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Johnson & Johnson 
  • Alcon, Inc. 
  • CooperVision, Inc.
  • Bausch + Lomb 
  • Carl Zeiss Meditech AG 

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