Latin America Contact Lenses Market Size & Outlook
Latin America contact lenses market, 2018-2030 (US$M)
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Latin America contact lenses market highlights
- The Latin America contact lenses market generated a revenue of USD 686.2 million in 2024.
- The market is expected to grow at a CAGR of 10.1% from 2025 to 2030.
- In terms of segment, silicone hydrogel was the largest revenue generating material in 2024.
- Silicone Hydrogel is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 686.2 million |
| Market revenue in 2030 | USD 1,220.0 million |
| Growth rate | 10.1% (CAGR from 2025 to 2030) |
| Largest segment | Silicone hydrogel |
| Fastest growing segment | Silicone Hydrogel |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gas Permeable, Silicone Hydrogel, Hybrid Lens |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.4% of the global contact lenses market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,410.6 million by 2030.
Silicone hydrogel was the largest segment with a revenue share of 88.79% in 2024. Horizon Databook has segmented the Latin America contact lenses market based on gas permeable, silicone hydrogel, hybrid lens covering the revenue growth of each sub-segment from 2018 to 2030.
The South American region is expected to grow at a higher pace as the adoption rate of contact lenses is in the growth stage. The market penetration of contact lenses is less in this region and thus the potential for growth of contact lenses is high i n South American regions.
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Contact Lenses Market Scope
Contact Lenses Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America contact lenses market size, by country, 2018-2030 (US$M)
Latin America Contact Lenses Market Outlook Share, 2024 & 2030 (US$M)
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