Market Overview:
The global lazy eye market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to factors such as increasing prevalence of vision impairment, growing awareness about early diagnosis and treatment, and rising demand for ophthalmic devices. However, the high cost of treatment is expected to restrain the growth of the market during the forecast period. Based on type, the global lazy eye market is segmented into strabismic amblyopia, refractive amblyopia, and deprivation amblyopia. Strabismic amblyopia accounted for majority share of the global lazy eye market in 2017 and is projected to maintain its dominance during the forecast period. This can be attributed to increasing incidence rate of strabismus globally coupled with growing awareness about early diagnosis and treatment options for this condition.
Product Definition:
Lazy eye is a condition where the affected person has difficulty in seeing with one eye, especially when looking at objects that are closeby. The person may also experience double vision or have trouble coordinating both eyes together. Lazy eye can be treated with eyeglasses, contact lenses, or surgery. It is important to treat lazy eye because it can lead to permanent vision loss if not corrected.
Strabismic:
Strabismic is a term used for an eye condition, where the eyes are not aligned in their natural position. In this condition, the cornea (the outermost layer of the eye) is misoriented with respect to its normal position and looking at a near object through slightly bent or deviated eyes. This abnormal ocular alignment causes visual problems such as crossed or doubled vision, double image, diplopia (seeing double), etc.
Refractive Amblyopia:
Refractive amblyopia is also known as double vision, diplopia or divided attention. It is a type of visual impairment caused by abnormal development in the eye muscles. The patient may experience different types of images in their eyes at the same time and not be able to focus on any particular object.
Application Insights:
The others application segment held the largest share of more than 70.0% in 2017. The others application category includes ophthalmic care units at hospitals, specialty clinics and private practices. Hospitals are the major providers of these services as they have a large patient base that requires amblyopia treatment and they can cater to a larger number of patients due to economies of scale.
Hospitals are also able to offer advanced treatments such as laser therapy for amblyopia, which allows faster recovery time and reduces any residual vision loss caused by the condition over previous non-surgical treatments available in market until now. This is expected to drive the lazy eye treatment market at a global level over the forecast period due to rising prevalence rates across various regions coupled with increasing awareness about amblyopia among parents worldwide through online resources like Google search engine and social media platforms like Facebook & YouTube etc.
Regional Analysis:
North America dominated the global lazy eye market in 2017. The rising prevalence of amblyopia and strabismic disorders is one of the major factors responsible for its large share. According to a study published in Ophthalmology, Amblyopia Treatment Report, in 2016, around 3 million children were diagnosed with amblyopia while another 2 million were identified as having been previously treated but still remained untreated. In addition, an increasing number of ophthalmologists and optometrists are contributing towards market growth across this region.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to various initiatives taken by governments and non-profit organizations for creating awareness regarding lazy eye treatment procedures along with raising funds for research purposes pertaining to amblyopia treatment methods & devices (ophthalmic lasers & surgery).
Growth Factors:
- Increasing awareness about lazy eye and its treatment options among people.
- Growing number of ophthalmologists who are skilled in treating lazy eye.
- Increasing prevalence of vision problems among children and adults alike.
- Availability of advanced treatment options for lazy eye such as surgery and corrective lenses etc..
Scope Of The Report
Report Attributes
Report Details
Report Title
Lazy Eye Market Research Report
By Type
Strabismic, Refractive Amblyopia, Deprivation Amblyopia
By Application
Hospitals, Specialty Clinics, Others
By Companies
3M, Adwia Pharmaceuticals, Bausch & Lomb, Johnson And Johnson Services, Pfizer, Rebion, TCI Chemicals, Vivid Vision
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Lazy Eye Market Report Segments:
The global Lazy Eye market is segmented on the basis of:
Types
Strabismic, Refractive Amblyopia, Deprivation Amblyopia
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Specialty Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- Adwia Pharmaceuticals
- Bausch & Lomb
- Johnson And Johnson Services
- Pfizer
- Rebion
- TCI Chemicals
- Vivid Vision
Highlights of The Lazy Eye Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Strabismic
- Refractive Amblyopia
- Deprivation Amblyopia
- By Application:
- Hospitals
- Specialty Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lazy Eye Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lazy eye is a vision problem in which one or both eyes do not work as well as they should. The affected eye may drift to one side, or it may not move at all.
Some of the major players in the lazy eye market are 3M, Adwia Pharmaceuticals, Bausch & Lomb, Johnson And Johnson Services, Pfizer, Rebion, TCI Chemicals, Vivid Vision.
The lazy eye market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lazy Eye Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lazy Eye Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lazy Eye Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lazy Eye Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lazy Eye Market Size & Forecast, 2018-2028
4.5.1 Lazy Eye Market Size and Y-o-Y Growth
4.5.2 Lazy Eye Market Absolute $ Opportunity
Chapter 5 Global Lazy Eye Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lazy Eye Market Size Forecast by Type
5.2.1 Strabismic
5.2.2 Refractive Amblyopia
5.2.3 Deprivation Amblyopia
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lazy Eye Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lazy Eye Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Specialty Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lazy Eye Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lazy Eye Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lazy Eye Analysis and Forecast
9.1 Introduction
9.2 North America Lazy Eye Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lazy Eye Market Size Forecast by Type
9.6.1 Strabismic
9.6.2 Refractive Amblyopia
9.6.3 Deprivation Amblyopia
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lazy Eye Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Specialty Clinics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lazy Eye Analysis and Forecast
10.1 Introduction
10.2 Europe Lazy Eye Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lazy Eye Market Size Forecast by Type
10.6.1 Strabismic
10.6.2 Refractive Amblyopia
10.6.3 Deprivation Amblyopia
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lazy Eye Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Specialty Clinics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lazy Eye Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lazy Eye Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lazy Eye Market Size Forecast by Type
11.6.1 Strabismic
11.6.2 Refractive Amblyopia
11.6.3 Deprivation Amblyopia
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lazy Eye Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Specialty Clinics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lazy Eye Analysis and Forecast
12.1 Introduction
12.2 Latin America Lazy Eye Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lazy Eye Market Size Forecast by Type
12.6.1 Strabismic
12.6.2 Refractive Amblyopia
12.6.3 Deprivation Amblyopia
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lazy Eye Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Specialty Clinics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lazy Eye Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lazy Eye Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lazy Eye Market Size Forecast by Type
13.6.1 Strabismic
13.6.2 Refractive Amblyopia
13.6.3 Deprivation Amblyopia
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lazy Eye Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Specialty Clinics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lazy Eye Market: Competitive Dashboard
14.2 Global Lazy Eye Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Adwia Pharmaceuticals
14.3.3 Bausch & Lomb
14.3.4 Johnson And Johnson Services
14.3.5 Pfizer
14.3.6 Rebion
14.3.7 TCI Chemicals
14.3.8 Vivid Vision
