Report Description

Australia contact lens market is expected to grow at a significant CAGR during the forecast period. Rise in geriatric population is the major driving factor for contact lenses market as with growing age their natural vision capabilities start to deteriorate gradually.

Contact lenses are used to treat the vision defects such as myopia, hypermetropia, astigmatism and presbyopia. Surge in occurrence of myopia and other ocular disorders is boosting the demand for contact lenses. There are different lenses available designed to meet specific needs of patient and are called specialty lenses. For instance, scleral lenses which have large diameters are used in treatment of corneal irregularities. With the rise in penetration of internet, there is increase in usage of electronic devices such as smart phones, tablets, laptops among others which is affecting the eye vision adversely. Growing preference for contact lenses over the prescription eyeglasses due to changing trends and beauty standards is accelerating the growth of the contact lenses market in Australia. Growing e-commerce and customer’s demand for online shopping and convenient access to contact lens in less time and effective price will enhance the growth of market in forecast period.

Increase in health awareness and adoption of healthy lifestyle and exercises is contributing to high preference for contact lenses as use of spectacles during the physical exercise which cause discomfort and contact lenses provide solution for clear vision.

The increasing technological advancement in contact lenses is also driving the market over the coming years. Technological advancements such as moisture seal technology, Centurian phacoemulsification technology, etc. Usage of artificial intelligence in contact lenses, increased the adoption of contact lens in Australia.

The side effects of contact lens are hampering the growth of market. The main side effects of wearing contact lens are red eye, dry eye, infection, corneal vascularization, eye ulcers, conjunctivitis, among others. Additionally, the lack of awareness regarding the usage and care of contact lens is also restricted the market.

Increased Incidences of Myopia

Incidence of Myopia is significantly increasing in Australia. This is due to the increase in online screen time. The changing lifestyle patterns has made people spend more time on different social media platforms. The incidence of COVID-19 has changed the scenario and has made work from home and online education new normal. As a result of this people are spending more time in front of the screen, leading to prevalence of different eye problems. According to the World Health Organization, the prevalence of myopia will climb to 31.8 percent in 2030, 40 percent in 2040, and 48.1 percent in 2050 in Australia. The need for contact lenses is increasing as the number of people with refractive disorders rises. Additionally, Australia’s population is ageing due to increasing life expectancy. According to Australian Bureau of Statistics, as of 30th June 2020, there were approximately 4.2 million aged population comprising 16% of total population of Australia.

Technological Advancements

Many technological advancements in contact lens are driving the futuristic growth of market. Technological advancement such as light adaptive lens, multifocal toric lens, etc.are expected to create new prospects for the growth of contact lens market in Australia. For instance, Bausch + Lomb Ultra launched its Multifocal for Astigmatism (Bausch + Lomb) contact lens.

Additionally, research is being conducted to use contact lens as drug delivery system because contact lens directly touches the surface of eye and can provide medicine where it is required in the eye. Contact lens to monitor the health of eye is also launched in the market. In the health monitoring contact lens, the lens monitors the intraocular pressure for the patients at risk of glaucoma. All these factors will create lucrative opportunities for the market growth in the coming years.

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Market Segmentation

Australia Contact Lens market can be segmented by material type, by design, by wear type, by application, by distribution channel and by region. Based on material type, the market can be divided into Silicone Hydrogel, Hydrogel, Gas permeable, and Others. Based on design the market is divided into Spherical, Toric, Multifocal, and Others. Based on wear type the market is divided into Disposable v/s Reusable. Based on application the market split into Corrective, Therapeutic, Cosmetic, Others. Based on distribution channel the market is divided into Retail Stores, Hospitals & Clinics, and Online.

Market Players

The major players operating in the Australia contact lens market are CooperVision Australia, SAS ONE PTY LTD., Johnson & Johnson Australia, Alcon Laboratories (Australia) Pty Ltd., Capricornia Contact Lens Pty Ltd., Gelflex Australia, Bausch & Lomb (Australia) Pty Ltd, Menicon Australia Pty Ltd., ColourVUE Australia, Contact Lens Centre Australia, among others. Major companies are developing advanced technologies and launching new products & services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2018-2021

Base Year: 2022

Estimated Year: 2023

Forecast Period: 2024–2028



Base Year


Historical Years

2018 – 2021

Estimated Year


Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Material Type

·         Design

·         Wear Type

·         Application

·         Distribution Channel 

Region Scope

Australia Capital Territory & New South Wales, Northern Territory & Southern Australia, Western Australia, Queensland, Victoria & Tasmania

Key Companies Profiled

CooperVision Australia, SAS ONE PTY LTD., Johnson & Johnson Australia, Alcon Laboratories (Australia) Pty Ltd., Capricornia Contact Lens Pty Ltd., Gelflex Australia, Bausch & Lomb (Australia) Pty Ltd, Menicon Australia Pty Ltd., ColourVUE Australia, Contact Lens Centre Australia

Customization Scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, Australia contact lens market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Australia Contact Lens Market, By Material Type:

    • Silicone hydrogel
    • Hydrogel
    • Gas permeable
    • Others
  • Australia Contact Lens Market, By Design:
    • Spherical
    • Toric
    • Multifocal
    • Others
  • Australia Contact Lens Market, By Wear Type:
    • Disposable
    • Reusable
  • Australia Contact Lens Market, By Application:
    • Corrective
    • Therapeutic
    • Cosmetic
    • Others
  • Australia Contact Lens Market, By Distribution Channel:
    • Retail Stores
    • Hospitals & Clinics
    • Online
  • Australia Contact Lens Market, By Region:

o   Australia Capital Territory & New South Wales

o   Northern Territory & Southern Australia

o   Western Australia

o   Queensland

o   Victoria & Tasmania

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Australia contact lens market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Australia Contact Lens Market Outlook

5.1.  Market Size & Forecast

5.1.1. By Value & Volume

5.2.  Market Share & Forecast

5.2.1. By Material Type (Silicone hydrogel, Hydrogel, Gas permeable, Others)

5.2.2. By Design (Spherical, Toric, Multifocal, Others)

5.2.3. By Wear Type (Disposable v/s Reusable)

5.2.4. By Application (Corrective, Therapeutic, Cosmetic, Others)

5.2.5. By Distribution Channel (Retail Stores, Hospitals & Clinics, Online)

5.2.6. By Region

5.2.7. By Company (2022)

5.3.  Market Map

5.3.1.     By Material Type

5.3.2.     By Design

5.3.3.     By Wear Type

5.3.4.     By Application

5.3.5.     By Distribution Channel

6.    Australia Disposable Contact Lens Market Outlook

6.1.  Market Size & Forecast          

6.1.1. By Value & Volume

6.2.  Market Share & Forecast

6.2.1. By Material Type

6.2.2. By Design

6.2.3. By Wear Type

6.2.4. By Application

6.2.5. By Distribution Channel

7.    Australia Reusable Contact Lens Market Outlook

7.1.  Market Size & Forecast          

7.1.1. By Value & Volume

7.2.  Market Share & Forecast

7.2.1. By Material Type

7.2.2. By Design

7.2.3. By Wear Type

7.2.4. By Application

7.2.5. By Distribution Channel

8.    Market Dynamics

8.1.  Drivers

8.2.  Challenges

9.    Market Trends & Developments

9.1.  Recent Developments

9.2.  Merger Acquisition

9.3.  Product launches

10.  Policy & Regulatory Landscape

11.  Australia Economic Profile

12.  Australia Contact Lens: SWOT Analysis

13.  Porter’s Five Forces Analysis

13.1.              Competition in the Industry

13.2.              Potential of New Entrants

13.3.              Power of Suppliers

13.4.              Power of Customers

13.5.              Threat of Substitute Products

14.  Pricing Analysis

15.  Competitive Landscape

15.1.              Business Overview

15.2.              Product Offerings

15.3.              Recent Developments

15.4.              Financials (As Reported)

15.5.              Key Personnel

15.6.              SWOT Analysis

15.6.1.   CooperVision Australia

15.6.2.   SAS ONE PTY LTD.

15.6.3.   Johnson & Johnson Australia

15.6.4.   Alcon Laboratories (Australia) Pty Ltd.

15.6.5.   Capricornia Contact Lens Pty Ltd.

15.6.6.   Gelflex Australia

15.6.7.   Bausch & Lomb (Australia) Pty Ltd

15.6.8.   Menicon Australia Pty Ltd.

15.6.9.   ColourVUE Australia

15.6.10. Contact Lens Centre Australia

Strategic Recommendations

Figures and Tables

Frequently asked questions


The major factors driving the growth of Contact lenses Market include Increase in cases of Myopia, Changing Lifestyle, technological advancement, increase in geriatric population.


Silicone Hydrogel is expected to dominate the market in forecast period. Silicone Hydrogel is used in the production of soft contact lenses as it improves the oxygen permeability with water to the cornea.


CooperVision Australia, SAS ONE PTY LTD., Johnson & Johnson Australia, Alcon Laboratories (Australia) Pty Ltd., Capricornia Contact Lens Pty Ltd., Gelflex Australia, Bausch & Lomb (Australia) Pty Ltd, among others are some of the leading companies dedicated toward providing related products and services and support the future growth of the Australia contact lens market in the upcoming five years.


Cosmetic Contact Lens is expected to drive the market in future years due to the change in lifestyle of population.


Sakshi Bajaal

Business Consultant
Press Release

Australia Contact Lens Market to grow at Steady Rate till 2026

Jun, 2021

Increase in spending for ophthalmic products and rising old age population is expected to drive the demand for Australia contact lens market in forecast period.