Global Orthokeratology Lens Market

Global Orthokeratology Lens Market by Materials (Fluorocarbon Acrylate, Fluoro Silicone Acrylate, and Silicon Acrylate), Applications (Myopia, Presbyopia, Hyperopia, and Astigmatism), End-users (Hospitals, Ophthalmology Clinics, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2021-2028

  • Report ID: HC-2957
  • Author: Growth Market Reports
  • Rating: 4.6
  • Total Reviews: 3
  • No. Of Pages: 215
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  • Pub. Date: Upcoming
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The global orthokeratology lens market is projected to expand at a robust CAGR during the forecast period, between 2021 and 2028. Orthokeratology or Orthro K refers to the treatment of near sightedness also known as myopia or any other eye related issue. The vision problem is usually corrected by eye glasses or lenses; However, orthokeratology allows the patients to correct vision problems without the use of conventional glasses. It’s a surgery-free method of correcting myopia that allows people to leave their glasses and not wear contact lenses all the time. This treatment involves wearing specially designed and fitted contact lenses to temporarily reshape the cornea to improve vision and treat vision issues without any surgery or laser treatment. It is an efficient way of slowing down myopia, especially among children.

Global Orthokeratology Lens Market

Market Trends, Drivers, Restraints, and Opportunities:

  • Increasing prevalence of eye issues such as myopia and presbyopia is estimated to fuel the market growth substantially.
  • Rising usage of electronic devices such as laptops and televisions have resulted in people of every age group suffer from eye issues, either myopia or hypermetropia. This, in turn, has resulted in the increase in demand for orthokeratology lenses.
  • High cost of orthokeratology treatment in comparison to conventional eye glasses and lenses can inhibit the growth of the market.
  • Lower disposable income and the poor infrastructure for ophthalmic or healthcare clinics in low- and middle-income countries can restrain the market growth.
  • Technological advancements in the medical field can serve as an opportunity for the market.

Scope of the report:

The report on the orthokeratology lens market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Global Orthokeratology Lens Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2020

Historic Data

2018 & 2019

Forecast Period

2021–2028

Segmentation

Materials (Fluorocarbon Acrylate, Fluoro Silicone Acrylate, and Silicon Acrylate), Applications (Myopia, Presbyopia, Hyperopia, and Astigmatism), End-users (Hospitals, Ophthalmology Clinics, and Others)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Orthokeratology Lens Market Segment Insights:

Fluoro silicone acrylate is projected to hold a significant market share

Based on materials, the orthokeratology lens market can be segmented into fluorocarbon acrylate, fluoro silicone acrylate, and silicon acrylate. The fluoro silicone acrylate segment is projected to hold significant market share during the forecast period. Silicone is extremely flexible that makes it a preferred choice for contact lenses. Moreover, fluoro acrylate has a high refractive index has pushed the manufacturers to make fluoro silicone acrylate lenses due to the combined benefit.

Global Orthokeratology Lens Market

Myopia segment held a substantial market share in 2020

On the basis of applications, the orthokeratology market can be divided into myopia, presbyopia, hyperopia, and astigmatism. The myopia segment constituted for a considerable market share in 2020, and is anticipated to grow at a robust growth in the recent years due to the rising prevalence of short sightedness issues among people of all age groups. Other eye issues such as astigmatism and presbyopia are more common with middle aged or older people; however, myopia affects people in all age groups. Thus, the demand for orthokeratology lenses is comparatively more for the treatment of myopia.

Ophthalmic clinics segment to grow at a rapid pace during the forecast period

Based on end-users, the orthokeratology lens market can be segregated into ophthalmic clinics, hospitals, and others. The ophthalmic clinics segment is anticipated to expand at a significant growth rate during the forecast period. Rising preference for clinics for orthokeratology treatments is driving the segment growth. Rising presence of optical clinics is spurring the segment growth. The opticians aid the patients to fit their lenses and to correct their optical issues without any surgery.

Global Orthokeratology Lens Market

North America to dominate the market

In terms of regions, the global orthokeratology lens market can be fragmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is estimated to dominate the market due to the increasing number of geriatric patients in the region and increasing preference for correcting optical issues without the use of surgery or conventional glasses. The market in Asia Pacific is anticipated to exhibit a high CAGR during the forecast period due to increasing population, the availability of healthcare facilities, and increased expenditures on healthcare, which drives the market growth in the region.

Global Orthokeratology Lens Market

Segments

Segmented covered in the report:

By Materials

  • Fluorocarbon Acrylate
  • Fluoro Silicone Acrylate
  • Silicon Acrylate

By Applications

  • Myopia
  • Presbyopia
  • Hyperopia
  • Astigmatism

By End-users

  • Hospitals
  • Ophthalmology Clinics
  • Others

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

Competitive Landscape

The key players of the orthokeratology lens market include Contamax; Alcon Inc.; Brighten Optix; Visioneering Technologies; Inc.; Euclid Systems Corporation; Procornea; Menicon Co Ltd.; CE GP Specialists; Cooper Vision; and Bausch & Lomb Incorporated. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to increase their market share.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Global Orthokeratology Lens Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Global Orthokeratology Lens Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Global Orthokeratology Lens Market - Supply Chain
  4.5. Global Global Orthokeratology Lens Market Forecast
     4.5.1. Global Orthokeratology Lens Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Global Orthokeratology Lens Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Global Orthokeratology Lens Market Absolute $ Opportunity
5. Global Global Orthokeratology Lens Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Global Orthokeratology Lens Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Global Orthokeratology Lens Demand Share Forecast, 2019-2026
6. North America Global Orthokeratology Lens Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Global Orthokeratology Lens Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Global Orthokeratology Lens Demand Share Forecast, 2019-2026
7. Latin America Global Orthokeratology Lens Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Global Orthokeratology Lens Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Global Orthokeratology Lens Demand Share Forecast, 2019-2026
8. Europe Global Orthokeratology Lens Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Global Orthokeratology Lens Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Global Orthokeratology Lens Demand Share Forecast, 2019-2026
9. Asia Pacific Global Orthokeratology Lens Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Global Orthokeratology Lens Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Global Orthokeratology Lens Demand Share Forecast, 2019-2026
10. Middle East & Africa Global Orthokeratology Lens Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Global Orthokeratology Lens Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Global Orthokeratology Lens Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Global Orthokeratology Lens Market: Market Share Analysis
  11.2. Global Orthokeratology Lens Distributors and Customers
  11.3. Global Orthokeratology Lens Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segmented covered in the report:

By Materials

  • Fluorocarbon Acrylate
  • Fluoro Silicone Acrylate
  • Silicon Acrylate

By Applications

  • Myopia
  • Presbyopia
  • Hyperopia
  • Astigmatism

By End-users

  • Hospitals
  • Ophthalmology Clinics
  • Others

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

The key players of the orthokeratology lens market include Contamax; Alcon Inc.; Brighten Optix; Visioneering Technologies; Inc.; Euclid Systems Corporation; Procornea; Menicon Co Ltd.; CE GP Specialists; Cooper Vision; and Bausch & Lomb Incorporated. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to increase their market share.

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