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Global Orthokeratology Lens Market Size study, by Product Type (Day-time Ortho-K Lenses, Overnight Ortho-K Lenses) by Indication (Myopia, Presbyopia, Hypermetropia, Astigmatism) by Distribution Channel (Hospitals, Optometry Clinics, Ophthalmology Clinics, Others) and Regional Forecasts 2022-2028

  • BIZ4983527
  • 200 Pages
  • July 2022
  • Pharmaceuticals
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Global Orthokeratology Lens Market is valued approximately USD 611.58 million in 2021 and is anticipated to grow with a healthy growth rate of more than 6.50% over the forecast period 2022-2028. Orthokeratology lenses are safe, especially for kids. One of the most exciting advances in the ophthalmic business is the opportunity to improve patients' vision and quality of life through the use of orthokeratology. With advances in diagnostic technologies and lens materials, orthokeratology may be a viable alternative to invasive surgery. Advances such as the launch of improved overnight ortho-K-lenses, paired with increased FDA approval, are helping to fuel the expansion of orthokeratology lenses. An increase in the geriatric population base, combined with an increase in the usage of digital screening, will drive demand for orthokeratology lenses during the projection period. The COVID-19 pandemic hampered the operations and financial liquidity of market participants in a variety of industries, including the ophthalmology business. Furthermore, the younger generation loves a fashionable appearance and wears varied eyewear depending on the occasion. Consumers seek newer designs and technologies, requiring businesses to maintain a continual focus on R&D in order to generate creative products. An increase in the number of eye disease awareness initiatives in developing nations is expected to enhance demand for orthokeratology lenses over the forecast period. Vision correction in children has led in improved academic achievement, which has increased demand for overnight ortho-K-lens. Increased FDA approvals of orthokeratology lenses for the treatment of refractive problems, as well as innovations in lens design, are expected to drive market expansion. For example, the FDA in the United States authorized the first ortho-k lens for the treatment of myopia in May 2021. In 2021, the daytime ortho-K-lens sector retained a sizable market share. During the research period, the increased prevalence of myopia is expected to benefit the orthokeratology lenses market. According to the journal Investigative Ophthalmology and Visual Science, over 1.9 billion people, or nearly 27 percent of the world's population, suffer from myopia. Myopia can result in significant ocular morbidity and high healthcare expenses. Myopia is anticipated to become more common during the forecast period. However, high lens costs hamper market expansion over the forecast period of 2022-2028.

The key regions considered for the Global Orthokeratology Lens Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America emerged as the market leader. Recent advancements in orthokeratology lenses, the introduction of overnight ortho-K-lenses, as well as flexibility and choice, are projected to drive market expansion. Increased incidences of vision impairment, combined with increased use of orthokeratology lenses in the United States and Canada, are expected to provide a plethora of new job possibilities in the United States. Over the projection period, Asia Pacific is expected to develop at a considerable CAGR. Rising healthcare expenditures, together with increased awareness of eye problems, are expected to drive market expansion. The growing elderly population base, as well as the increasing usage of orthokeratology lenses in India and China, are expected to drive the market.

Major market player included in this report are:

Bausch & Lomb Inc.

Euclid Systems Corp.

CooperVision

Johnson & Johnson Vision Care, Inc.

Alpha Corporation (Menicon Group)

Brighten Optix, Co.

GP Specialists

TruForm Optics, Inc.

Art Optical Contact Lens, Inc.

MiracLens L.L.C.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Day-time Ortho-K Lenses

Overnight Ortho-K Lenses

By Indication:

Myopia

Presbyopia

Hypermetropia

Astigmatism

By Distribution Channel:

Hospitals

Optometry Clinics

Ophthalmology Clinics

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Orthokeratology Lens Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Orthokeratology Lens Market, by Region, 2020-2028 (USD Million)

1.2.2. Orthokeratology Lens Market, by Product Type, 2020-2028 (USD Million)

1.2.3. Orthokeratology Lens Market, by Indication, 2020-2028 (USD Million)

1.2.4. Orthokeratology Lens Market, by Distribution Channel, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Orthokeratology Lens Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Orthokeratology Lens Market Dynamics

3.1. Orthokeratology Lens Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Increasing prevalence of ocular disorders, such as myopia and presbyopia

3.1.1.2. Increasing government approvals

3.1.2. Market Challenges

3.1.2.1. High cost of lens

3.1.3. Market Opportunities

3.1.3.1. Technological improvements in Orthokeratology Lens

Chapter 4. Global Orthokeratology Lens Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Orthokeratology Lens Market, by Product Type

6.1. Market Snapshot

6.2. Global Orthokeratology Lens Market by Product Type, Performance - Potential Analysis

6.3. Global Orthokeratology Lens Market Estimates & Forecasts by Product Type 2018-2028 (USD Million)

6.4. Orthokeratology Lens Market, Sub Segment Analysis

6.4.1. Day-time Ortho-K Lenses

6.4.2. Overnight Ortho-K Lenses

Chapter 7. Global Orthokeratology Lens Market, by Indication

7.1. Market Snapshot

7.2. Global Orthokeratology Lens Market by Indication, Performance - Potential Analysis

7.3. Global Orthokeratology Lens Market Estimates & Forecasts by Indication 2018-2028 (USD Million)

7.4. Orthokeratology Lens Market, Sub Segment Analysis

7.4.1. Myopia

7.4.2. Presbyopia

7.4.3. Hypermetropia

7.4.4. Astigmatism

Chapter 8. Global Orthokeratology Lens Market, by Distribution Channel

8.1. Market Snapshot

8.2. Global Orthokeratology Lens Market by Distribution Channel, Performance - Potential Analysis

8.3. Global Orthokeratology Lens Market Estimates & Forecasts by Distribution Channel 2018-2028 (USD Million)

8.4. Orthokeratology Lens Market, Sub Segment Analysis

8.4.1. Hospitals

8.4.2. Optometry Clinics

8.4.3. Ophthalmology Clinics

8.4.4. Others

Chapter 9. Global Orthokeratology Lens Market, Regional Analysis

9.1. Orthokeratology Lens Market, Regional Market Snapshot

9.2. North America Orthokeratology Lens Market

9.2.1. U.S. Orthokeratology Lens Market

9.2.1.1. Product Type breakdown estimates & forecasts, 2018-2028

9.2.1.2. Indication breakdown estimates & forecasts, 2018-2028

9.2.1.3. Distribution Channel breakdown estimates & forecasts, 2018-2028

9.2.2. Canada Orthokeratology Lens Market

9.3. Europe Orthokeratology Lens Market Snapshot

9.3.1. U.K. Orthokeratology Lens Market

9.3.2. Germany Orthokeratology Lens Market

9.3.3. France Orthokeratology Lens Market

9.3.4. Spain Orthokeratology Lens Market

9.3.5. Italy Orthokeratology Lens Market

9.3.6. Rest of Europe Orthokeratology Lens Market

9.4. Asia-Pacific Orthokeratology Lens Market Snapshot

9.4.1. China Orthokeratology Lens Market

9.4.2. India Orthokeratology Lens Market

9.4.3. Japan Orthokeratology Lens Market

9.4.4. Australia Orthokeratology Lens Market

9.4.5. South Korea Orthokeratology Lens Market

9.4.6. Rest of Asia Pacific Orthokeratology Lens Market

9.5. Latin America Orthokeratology Lens Market Snapshot

9.5.1. Brazil Orthokeratology Lens Market

9.5.2. Mexico Orthokeratology Lens Market

9.6. Rest of The World Orthokeratology Lens Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. Bausch & Lomb Inc.

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Type Summary

10.2.1.5. Recent Developments

10.2.2. Euclid Systems Corp.

10.2.3. CooperVision

10.2.4. Johnson & Johnson Vision Care, Inc.

10.2.5. Alpha Corporation (Menicon Group)

10.2.6. Brighten Optix, Co.

10.2.7. GP Specialists

10.2.8. TruForm Optics, Inc.

10.2.9. Art Optical Contact Lens, Inc.

10.2.10. MiracLens L.L.C.

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

List of Tables

TABLE 1. Global Orthokeratology Lens Market, report scope

TABLE 2. Global Orthokeratology Lens Market estimates & forecasts by Region 2018-2028 (USD Million)

TABLE 3. Global Orthokeratology Lens Market estimates & forecasts by Product Type 2018-2028 (USD Million)

TABLE 4. Global Orthokeratology Lens Market estimates & forecasts by Indication 2018-2028 (USD Million)

TABLE 5. Global Orthokeratology Lens Market estimates & forecasts by Distribution Channel 2018-2028 (USD Million)

TABLE 6. Global Orthokeratology Lens Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 7. Global Orthokeratology Lens Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Orthokeratology Lens Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Orthokeratology Lens Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Orthokeratology Lens Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Orthokeratology Lens Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Orthokeratology Lens Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Orthokeratology Lens Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. Global Orthokeratology Lens Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. Global Orthokeratology Lens Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 16. U.S. Orthokeratology Lens Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 17. U.S. Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 18. U.S. Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 19. Canada Orthokeratology Lens Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 20. Canada Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 21. Canada Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 22. UK Orthokeratology Lens Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 23. UK Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 24. UK Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 25. Germany Orthokeratology Lens Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 26. Germany Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 27. Germany Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 28. RoE Orthokeratology Lens Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 29. RoE Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 30. RoE Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 31. China Orthokeratology Lens Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 32. China Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 33. China Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 34. India Orthokeratology Lens Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 35. India Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 36. India Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 37. Japan Orthokeratology Lens Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 38. Japan Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 39. Japan Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 40. RoAPAC Orthokeratology Lens Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 41. RoAPAC Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 42. RoAPAC Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 43. Brazil Orthokeratology Lens Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 44. Brazil Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 45. Brazil Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 46. Mexico Orthokeratology Lens Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 47. Mexico Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 48. Mexico Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 49. RoLA Orthokeratology Lens Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 50. RoLA Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 51. RoLA Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 52. Row Orthokeratology Lens Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 53. Row Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 54. Row Orthokeratology Lens Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 55. List of secondary sources, used in the study of global Orthokeratology Lens Market

TABLE 56. List of primary sources, used in the study of global Orthokeratology Lens Market

TABLE 57. Years considered for the study

TABLE 58. Exchange rates considered

 
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