Market Overview:
The global orthokeratology lens market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of myopia, rising awareness about orthokeratology lenses, and technological advancements in the field of orthokeratology lenses. Based on type, the global orthokeratology lens market can be segmented into Boston material, Paragon material, and others material. The Boston material segment is expected to account for a major share of the global orthokeratology lens market during the forecast period owing to its high quality and durability. Based on application, teenagers are expected to account for a major share of the global Ortho-k Lens Market duringthe forecast period due their growing demand for corrective eyewear products.
Product Definition:
Orthokeratology lens is a type of contact lens that is used to correct vision problems. It works by reshaping the curvature of the cornea, which allows light to focus on the retina properly. This type of lens is important because it can provide relief from vision problems without requiring surgery.
Boston Material:
The Boston material is a plastic lens that is used in the manufacturing process of orthokeratology. Orthokeratology is a procedure where the patient’s eye are treated with specially designed lenses to reshape and strengthen their cornea. These lenses are also known as cyclo-oxygenase (COX) inhibitors because they reduce inflammation by inhibiting the enzyme responsible for it, called prostaglandin E2 or epinephrine.
Paragon Material:
Paragon Material is a new material that has been developed to overcome the limitations of traditional plastics in orthokeratology. It was developed by 3D Systems Healthcare as an alternative to conventional polymers and glasses for use in the manufacturing of orthokeratology lenses. The advantages include high impact resistance, biocompatibility, optical clarity and flexibility which are expected to drive market growth over the forecast period.
Application Insights:
The adults segment held the largest share of the global orthokeratology lens market in 2017. The application of orthokeratology lenses for correcting myopia is gaining popularity among adult patients. Ortho-k lenses are used to treat myopia, hyperopia, and astigmatism as they correct these eye disorders by reducing the amount of stress on the eyes due to excessive focusing.
The teenagers segment is expected to grow at a significant rate over the forecast period owing to rising awareness about cosmetic issues such as nearsightedness and farsightedness among this group due to increasing spending power with them spending more time reading or playing games using computers and smart devices than before. This has led doctors across various countries including U.S.
Regional Analysis:
North America held the largest market share in 2017. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing cases of nearsightedness and farsightedness, rising adoption of orthokeratology lenses for glasses treatment, growing awareness about vision correction procedures and availability of skilled professionals in this region.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to factors such as rapidly expanding population base with a high incidence rate of myopia, increasing number of patients undergoing orthokeratology lens surgery due to improving access & affordability issues associated with these corrective lenses and rising awareness among people about advanced vision correction treatments using keratectomy or accommodative refractive surgery methods like LASIK or PRK that are non-invasive compared to other surgical keratectomy options available worldwide. These aforementioned factors are expected drive regional market growth over the next eight years (2018 - 2030).
Growth Factors:
- Increasing awareness about the benefits of Orthokeratology Lens: There is a growing awareness among people about the benefits of Orthokeratology Lens. This is helping to drive the growth of the market.
- Rising demand for corrective lenses: The demand for corrective lenses is rising due to increasing prevalence of vision problems among people across the globe. This is boosting the growth of Orthokeratology Lens market.
- Technological advancements in Orthokeratology Lens products: The technological advancements in Orthokeratology Lens products are helping to improve their performance and quality, thus driving their adoption among consumers worldwide.
- Growing number of optometrists recommending ortho-k lens therapy: There is a growing number of optometrists recommending ortho-k lens therapy as it helps in correcting vision problems without using surgery or medication.. This is propelling the growth of this market segment.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Orthokeratology Lens Market Research Report
By Type
Boston Material, Paragon Material, Others Material
By Application
Teenagers, Adults
By Companies
Autek, EUCLID, Paragon, Alpha Corporation, Lucid Korea, Brighten Optix, Contex, Procornea
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Orthokeratology Lens Market Report Segments:
The global Orthokeratology Lens market is segmented on the basis of:
Types
Boston Material, Paragon Material, Others Material
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
Teenagers, Adults
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:
- Autek
- EUCLID
- Paragon
- Alpha Corporation
- Lucid Korea
- Brighten Optix
- Contex
- Procornea
Highlights of The Orthokeratology Lens 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:
- Boston Material
- Paragon Material
- Others Material
- By Application:
- Teenagers
- Adults
- 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 Orthokeratology Lens 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?
Orthokeratology lens is a type of contact lens that helps to correct nearsightedness or farsightedness. Orthokeratology lenses are designed to slowly adjust your vision over time, by using tiny amounts of pressure and heat to reshape the surface of your eye's cornea.
Some of the key players operating in the orthokeratology lens market are Autek, EUCLID, Paragon, Alpha Corporation, Lucid Korea, Brighten Optix, Contex, Procornea.
The orthokeratology lens market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Orthokeratology Lens 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 Orthokeratology Lens Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Orthokeratology Lens 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 Orthokeratology Lens 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 Orthokeratology Lens Market Size & Forecast, 2020-2028
4.5.1 Orthokeratology Lens Market Size and Y-o-Y Growth
4.5.2 Orthokeratology Lens Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Boston Material
5.2.2 Paragon Material
5.2.3 Others Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Teenagers
6.2.2 Adults
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Orthokeratology Lens 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 Orthokeratology Lens 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Boston Material
9.6.2 Paragon Material
9.6.3 Others Material
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 Market Size Forecast by Applications
9.10.1 Teenagers
9.10.2 Adults
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Boston Material
10.6.2 Paragon Material
10.6.3 Others Material
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 Market Size Forecast by Applications
10.10.1 Teenagers
10.10.2 Adults
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Boston Material
11.6.2 Paragon Material
11.6.3 Others Material
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 Market Size Forecast by Applications
11.10.1 Teenagers
11.10.2 Adults
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Boston Material
12.6.2 Paragon Material
12.6.3 Others Material
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 Market Size Forecast by Applications
12.10.1 Teenagers
12.10.2 Adults
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Boston Material
13.6.2 Paragon Material
13.6.3 Others Material
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) Market Size Forecast by Applications
13.10.1 Teenagers
13.10.2 Adults
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 Orthokeratology Lens Market: Competitive Dashboard
14.2 Global Orthokeratology Lens Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Autek
14.3.2 EUCLID
14.3.3 Paragon
14.3.4 Alpha Corporation
14.3.5 Lucid Korea
14.3.6 Brighten Optix
14.3.7 Contex
14.3.8 Procornea
