A Look Back at The Contact Lens Space in 2023

At 1-800-GET-LENS we’re constantly raising our finger to the wind to track developments in the contact lens space, to ensure our customers have the best options at the best prices. There have been a few newsworthy events that have occurred in the eyewear and contact lens space in 2023 that make us think the industry continues to expand, and perhaps is growing at a faster rate of late. In fact, this industry is constantly evolving, and it’s exciting to see the innovative products and technologies that are being developed to help people see better.

Here are a few launches & events in the contact lens space in 2023:

  • CooperVision launched Avaira Unity contact lenses with spherical correction. Avaira Unity is a silicone hydrogel contact lens that offers both spherical correction and a mild blue light filter. The lens is designed to provide all-day comfort and protection from the harmful effects of blue light, which can be emitted from digital devices such as smartphones, tablets, and computers.
  • J&J Vision Care introduced Acuvue Oasys with Transitions. Acuvue Oasys with Transitions is a contact lens that adapts to light and darkness, providing wearers with clear vision in all lighting conditions. The lens is also designed to provide all-day comfort and protection from UV rays.
  • EssilorLuxottica unveiled EnChroma Cx glasses for color blindness. EnChroma Cx glasses are designed to help people with color blindness see colors more accurately. The glasses use proprietary lens technology to filter out specific wavelengths of light, which can help to improve color perception.
  • Zeiss launched Vision Care for Kids. Vision Care for Kids is a new program from Zeiss that is designed to provide children with the best possible vision care. The program includes a comprehensive eye exam, as well as a variety of eyewear and contact lens options that are specifically designed for children.
  • CooperVision launched MiSight daily disposable contact lenses for myopia control. MiSight is a daily disposable contact lens that is designed to slow the progression of myopia in children. The lens uses proprietary lens technology to create a dual-focus design, which provides clear vision at all distances while also helping to reduce the elongation of the eyeball.

Here’s what we found when we tabulated the number of launches in the previous years

YearNumber of Product Contact Lens/Eyewear Launches
20235
20224
20213
20202
20191

Solid Growth in Contacts for 2024 and Beyond

The contact lens industry we expect to see continued growth in 2024, driven by several factors:

Increasing prevalence of refractive errors: The global prevalence of myopia, hyperopia, and presbyopia is on the rise, due in part to factors such as increased urbanization, lifestyle changes, and the use of digital devices. This growing demand for vision correction will continue to drive sales of contact lenses.

Rising disposable contact lens market: Disposable contact lenses are becoming increasingly popular due to their convenience and hygiene. The disposable contact lens market is expected to grow at a faster rate than the overall contact lens market in 2024.

Innovation in contact lens materials and designs: Contact lens manufacturers are constantly developing new materials and designs that are more comfortable, breathable, and effective. These innovations are attracting new users to contact lenses and increasing consumer satisfaction.

Expansion into new markets: The contact lens industry is expanding into new markets in developing countries, where the prevalence of refractive errors is high and the demand for eye care services is growing. This expansion is expected to further fuel the growth of the market in 2024.

There are some specific trends that we predict will drive this growth:

Increased focus on personalization: Contact lens manufacturers are developing new technologies that allow them to personalize contact lenses for individual wearers. This includes tailoring lens parameters to specific eye measurements and developing lenses that are designed to address specific vision needs.

Integration with digital technologies: Contact lenses are being integrated with digital technologies to provide wearers with additional benefits, such as monitoring eye health, managing medical conditions, and enhancing visual experiences.

Development of smart contact lenses: Smart contact lenses are contact lenses that are embedded with electronics and sensors. These lenses have the potential to revolutionize the way we interact with the world around us, by providing wearers with information and capabilities that were previously not possible. So there you have it – lots of activity with manufacturers, and we’ll be here to bring you the latest in contact lens options at 1-800-GET-LENS.