Global Myopia Glasses Market is expected to grow at a CAGR of 5.5% during the forecast period, to reach USD 3.2 billion by 2030 from USD 2.4 billion in 2018. The market is driven by the increasing prevalence of myopia and growing awareness about myopia among people across the globe, which has led to an increase in demand for myopia glasses and contact lenses.
Prescription eyeglass segment accounted for the largest share of the global market in 2018, followed by contact lenses segment and teenagers segment respectively. Prescription eyeglasses are more popular than contact lenses as they are easy to use and provide better vision correction than contact lenses do. Contact lens application is expected to grow at a higher CAGR during the forecast period due to their convenience over prescription eyeglasses as they can be worn all day long without any discomfort or irritation on eyes.
Some Of The Growth Factors Of This Market:
- The increasing prevalence of myopia in the world is a major factor driving the growth of the market.
- The increasing awareness about myopia and its treatment is also driving the growth of this market.
- The availability of low-cost glasses for correcting myopia is also a major factor driving this market's growth.
- Increasing disposable income in emerging economies such as China and India will drive this market's growth over the forecast period, as people are more likely to spend on corrective eyewear than on other products or services that they may not need as urgently or frequently, such as healthcare or education services.
- Increasing number of eye care professionals will also drive this market's growth.
Industry Growth Insights published a new data on “Myopia Glasses Market”. The research report is titled “Myopia Glasses Market research by Types (Prescription Eyeglass, Contact Lenses), By Applications (Teenagers, Adults), By Players/Companies EssilorLuxottica, Johnson & Johnson Vision Care, Hoya Corporation, Novartis (CIBA Vision), CooperVision, Bausch+Lomb, Carl Zeiss AG, Fielmann AG, Rodenstock, Seed, St.Shine Optical, Menicon, Indo Internacional, MingYue Optical, GBV, Hydron, OVCTEK, WeiXing Optical, Weicon, Brighten Optix”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Myopia Glasses Market Research Report
By Type
Prescription Eyeglass, Contact Lenses
By Application
Teenagers, Adults
By Companies
EssilorLuxottica, Johnson & Johnson Vision Care, Hoya Corporation, Novartis (CIBA Vision), CooperVision, Bausch+Lomb, Carl Zeiss AG, Fielmann AG, Rodenstock, Seed, St.Shine Optical, Menicon, Indo Internacional, MingYue Optical, GBV, Hydron, OVCTEK, WeiXing Optical, Weicon, Brighten Optix
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Myopia Glasses Market Report Segments:
The global Myopia Glasses market is segmented on the basis of:
Types
Prescription Eyeglass, Contact Lenses
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:
- EssilorLuxottica
- Johnson & Johnson Vision Care
- Hoya Corporation
- Novartis (CIBA Vision)
- CooperVision
- Bausch+Lomb
- Carl Zeiss AG
- Fielmann AG
- Rodenstock
- Seed
- St.Shine Optical
- Menicon
- Indo Internacional
- MingYue Optical
- GBV
- Hydron
- OVCTEK
- WeiXing Optical
- Weicon
- Brighten Optix
Highlights of The Myopia Glasses 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:
- Prescription Eyeglass
- Contact Lenses
- 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 Myopia Glasses 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.
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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?
Myopia Glasses are a type of eyeglasses that help people with nearsightedness or myopia. Myopia is a condition in which the eye is too short-sighted, meaning that it can't see things clearly up close. Myopia glasses correct your vision by bending light so that you can see better at close range.
Some of the major players in the myopia glasses market are EssilorLuxottica, Johnson & Johnson Vision Care, Hoya Corporation, Novartis (CIBA Vision), CooperVision, Bausch+Lomb, Carl Zeiss AG, Fielmann AG, Rodenstock, Seed, St.Shine Optical, Menicon, Indo Internacional, MingYue Optical, GBV, Hydron, OVCTEK, WeiXing Optical, Weicon, Brighten Optix.
The myopia glasses market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Myopia Glasses 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. Myopia Glasses Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Myopia Glasses Market - Supply Chain
4.5. Global Myopia Glasses Market Forecast
4.5.1. Myopia Glasses Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Myopia Glasses Market Size (000 Units) and Y-o-Y Growth
4.5.3. Myopia Glasses Market Absolute $ Opportunity
5. Global Myopia Glasses Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Myopia Glasses Market Size and Volume Forecast by Type
5.3.1. Prescription Eyeglass
5.3.2. Contact Lenses
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Myopia Glasses Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Myopia Glasses Market Size and Volume Forecast by Application
6.3.1. Teenagers
6.3.2. Adults
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Myopia Glasses Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Myopia Glasses Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Myopia Glasses Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Myopia Glasses Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Myopia Glasses Demand Share Forecast, 2019-2026
9. North America Myopia Glasses 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
9.2. North America Myopia Glasses Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Myopia Glasses Market Size and Volume Forecast by Application
9.4.1. Teenagers
9.4.2. Adults
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Myopia Glasses Market Size and Volume Forecast by Type
9.7.1. Prescription Eyeglass
9.7.2. Contact Lenses
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Myopia Glasses Demand Share Forecast, 2019-2026
10. Latin America Myopia Glasses 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. Latin America Average Pricing Analysis
10.2. Latin America Myopia Glasses Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Myopia Glasses Market Size and Volume Forecast by Application
10.4.1. Teenagers
10.4.2. Adults
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Myopia Glasses Market Size and Volume Forecast by Type
10.7.1. Prescription Eyeglass
10.7.2. Contact Lenses
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Myopia Glasses Demand Share Forecast, 2019-2026
11. Europe Myopia Glasses Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Myopia Glasses Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Myopia Glasses Market Size and Volume Forecast by Application
11.4.1. Teenagers
11.4.2. Adults
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Myopia Glasses Market Size and Volume Forecast by Type
11.7.1. Prescription Eyeglass
11.7.2. Contact Lenses
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Myopia Glasses Demand Share, 2019-2026
12. Asia Pacific Myopia Glasses Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Myopia Glasses Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Myopia Glasses Market Size and Volume Forecast by Application
12.4.1. Teenagers
12.4.2. Adults
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Myopia Glasses Market Size and Volume Forecast by Type
12.7.1. Prescription Eyeglass
12.7.2. Contact Lenses
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Myopia Glasses Demand Share, 2019-2026
13. Middle East & Africa Myopia Glasses Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Myopia Glasses Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Myopia Glasses Market Size and Volume Forecast by Application
13.4.1. Teenagers
13.4.2. Adults
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Myopia Glasses Market Size and Volume Forecast by Type
13.7.1. Prescription Eyeglass
13.7.2. Contact Lenses
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Myopia Glasses Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Myopia Glasses Market: Market Share Analysis
14.2. Myopia Glasses Distributors and Customers
14.3. Myopia Glasses Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. EssilorLuxottica
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Johnson & Johnson Vision Care
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hoya Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Novartis (CIBA Vision)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CooperVision
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bausch+Lomb
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Carl Zeiss AG
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fielmann AG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rodenstock
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Seed
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. St.Shine Optical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Menicon
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Indo Internacional
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. MingYue Optical
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. GBV
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hydron
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. OVCTEK
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. WeiXing Optical
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Weicon
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Brighten Optix
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
