NAICS Code 423460-01 - Contact Lenses (Wholesale) (Manufacturing)

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NAICS Code 423460-01 Description (8-Digit)

The Contact Lenses (Wholesale) (Manufacturing) industry involves the production and distribution of contact lenses to retailers and other businesses. These lenses are used to correct vision problems and are made from a variety of materials, including silicone hydrogel, rigid gas permeable, and soft hydrophilic. The industry also includes the manufacturing of contact lens solutions and accessories such as cases and cleaning cloths. Companies in this industry may also provide training and education to retailers and consumers on the proper use and care of contact lenses.

Hierarchy Navigation for NAICS Code 423460-01

Tools

Tools commonly used in the Contact Lenses (Wholesale) (Manufacturing) industry for day-to-day tasks and operations.

  • Lensometer
  • Slit lamp
  • Keratometer
  • Contact lens fitting set
  • Lens polishing machine
  • Ultrasonic cleaner
  • Lens edger
  • Lensometer calibration tool
  • Lens inspection loupe
  • Contact lens insertion and removal tool

Industry Examples of Contact Lenses (Wholesale) (Manufacturing)

Common products and services typical of NAICS Code 423460-01, illustrating the main business activities and contributions to the market.

  • Daily disposable contact lenses
  • Toric contact lenses
  • Multifocal contact lenses
  • Colored contact lenses
  • Extended wear contact lenses
  • Contact lens solution
  • Contact lens cases
  • Contact lens cleaning cloths
  • Contact lens rewetting drops
  • Contact lens lubricating drops

Certifications, Compliance and Licenses for NAICS Code 423460-01 - Contact Lenses (Wholesale) (Manufacturing)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • FDA Registration: All manufacturers, repackagers, relabelers, and foreign exporters of medical devices, including contact lenses, must register their facility with the FDA. This registration is required annually and ensures that the facility is compliant with FDA regulations.
  • ISO 13485: This certification is specific to medical device manufacturers and ensures that the company has a quality management system in place that meets regulatory requirements.
  • ANSI Z80.20: This standard outlines the requirements for prescription ophthalmic lenses, including contact lenses. Compliance with this standard ensures that the lenses meet minimum safety and performance requirements.
  • CLMA Certification: The Contact Lens Manufacturers Association offers a certification program for contact lens manufacturers. This certification ensures that the manufacturer is compliant with industry standards and regulations.
  • ABO Certification: The American Board of Opticianry offers certification for opticians. While not specific to contact lenses, this certification ensures that the optician has the knowledge and skills necessary to fit and dispense contact lenses.

History

A concise historical narrative of NAICS Code 423460-01 covering global milestones and recent developments within the United States.

  • The history of contact lenses dates back to the 16th century when Leonardo da Vinci first sketched the concept of contact lenses. However, it was not until the late 19th century that the first contact lens was manufactured. The first contact lenses were made of glass and were heavy and uncomfortable to wear. In the 1930s, plastic contact lenses were introduced, which were more comfortable and lighter. In the 1970s, soft contact lenses were developed, which were more comfortable and allowed more oxygen to reach the eye. In recent years, contact lenses have become more advanced, with the introduction of disposable lenses, colored lenses, and lenses that correct astigmatism and presbyopia. In the United States, the contact lens industry has seen significant growth in recent years. According to the Vision Council of America, the contact lens market in the United States was valued at $3.2 billion in 2019. The growth of the industry can be attributed to several factors, including an increase in the number of people wearing contact lenses, advancements in technology, and an increase in disposable income. Additionally, the COVID-19 pandemic has led to an increase in demand for contact lenses as people look for alternatives to glasses, which can fog up when wearing a mask.

Future Outlook for Contact Lenses (Wholesale) (Manufacturing)

The anticipated future trajectory of the NAICS 423460-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Contact Lenses (Wholesale) (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for contact lenses, especially among the aging population. The rise in disposable income and the growing awareness of eye health are also expected to contribute to the growth of the industry. Additionally, technological advancements in the manufacturing process and the development of new materials are expected to improve the quality of contact lenses and reduce their cost, making them more accessible to consumers. However, the industry may face challenges such as increasing competition and the emergence of alternative vision correction methods.

Industry Innovations for NAICS Code 423460-01

Recent groundbreaking advancements and milestones in the Contact Lenses (Wholesale) (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Contact Lenses: These contact lenses are equipped with sensors that can monitor various health parameters such as glucose levels, blood pressure, and body temperature. They can also be used to correct vision and provide augmented reality experiences.
  • Daily Disposable Contact Lenses: These contact lenses are designed to be worn for a single day and then discarded, reducing the risk of eye infections and eliminating the need for cleaning and storage.
  • Silicone Hydrogel Contact Lenses: These contact lenses are made of a material that allows more oxygen to reach the eyes, reducing the risk of eye infections and improving comfort.
  • Customized Contact Lenses: These contact lenses are designed to fit the unique shape of an individual's eyes, providing better vision and comfort.
  • Online Contact Lens Retailers: These retailers offer a convenient and cost-effective way to purchase contact lenses, allowing consumers to order their lenses online and have them delivered to their doorstep.

NAICS Code 423460-01 - Contact Lenses (Wholesale) (Manufacturing)

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