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Global giants continue to grow market

Lenses
The global contact lens market is predicted to grow by 5 per cent in 2011 with the US market rising by 6 per cent, according to an annual survey by Contact Lens Spectrum.

The global contact lens market is predicted to grow by 5 per cent in 2011 with the US market rising by 6 per cent, according to an annual survey by Contact Lens Spectrum.

The worldwide contact lens market is estimated at $6.1bn, with the global market estimated to reach $11.7bn by 2015 (Global Industry Analysts). Data from research group Robert W Baird & Co estimated that worldwide and US contact lens market share were similar to last year with Johnson & Johnson out in front at 44 per cent, CIBA Vision at 22 per cent, CooperVision at 16 per cent and Bausch+Lomb at 14 per cent.

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