In 2023, the sales of ophthalmic fronts, temples, and focal and contact lenses in the US were recorded at 3.275 billion USD. The forecast for the market from 2024 to 2028 shows a slightly declining trend, with values slightly decreasing each year. The market sees a mild negative year-on-year change of approximately -0.21% over this period. The compound annual growth rate (CAGR) over the five-year forecast period is negative, indicating an overall decline.
Future trends to watch for include:
- Increasing demand for advanced lens technologies may counter the declining trend.
- Growing use of digital platforms for eye care and virtual consultations could influence sales channels.
- Potential regulatory changes and health policies affecting pricing and access to eye care products.