The global orthokeratology contact lens market is forecasted to value over US$ 66 million by the end of 2026 and expanding at a CAGR of over 7% during the forecast period, 2019 to 2026.
Orthokeratology contact lens is commonly known as Corneal Reshaping, Vision shaping treatment, Ortho-K and corneal refractive therapy. Orthokeratology is an alternative approach to fix refractive errors. It uses a custom-designed inflexible lens to adjust the curvature of the cornea for the time being or temporarily. Modern Orthokeratology utilizes reversal geometry designs and breathable inflexible lens material to permit more effective and faster corneal reshaping. Modern Orthokeratology differs from traditional Orthokeratology. Traditional Orthokeratology revolves around a series of gradually straightening concentric curves neighbouring central base curve which is apt in adjusting with the central cornea whereas modern Orthokeratology reversal geometry designs to permit more effective corneal reshaping.
The global orthokeratology market is divided into four segments. The segments are hyperopia, presbyopia and astigmatism. Myopia controls the majority of the market. According to WHO, refractive error and visual impairments can affect more than 200 million people around the world. Refractive errors and visual impairments have huge impact personal well being of the general population and created a huge demand for effective treatment techniques. Rising prevalence of refractory errors among the general population boosted the demand for Orthokeratology techniques. Further, the rapid evolution of technical expertise reduced the risk factors of microbial keratitis and improved the efficiency of the process. Along with this, Orthokeratology has proven effective over the traditional method in controlling myopia progression. Further, increasing per capita healthcare expenditure of the general population has increased the adoption of orthokeratology procedures and led to the robust growth of the market. It is further supported by increasing healthcare expenditure and reimbursement policies by government bodies led to predominated growth during the forecast period. The increasing growth of online campaign regarding the importance of orthokeratology lenses for the treatment of myopia is fuelling the growth of the market.
Factors like lack of training of
wearers and practitioners, presence of microbial keratitis, imprudent fitting
procedures and failure of following routine follow-ups can restraint the growth
of the market. Also fitting of the orthokeratology lenses requires expertise
and is a time-consuming process, hence such things hinder the prospect of the
market.
The market is dominated by developed economies like North America and Europe
region due to high per capita healthcare expenditure. North America accounts
for a major share in the global market due to high adoption among end-user
segment. The US dominated the global market and it is a major shareholder.
Europe is the second major shareholder in the global market and it is driven by
well-established healthcare policies and reimbursement policies. The Asia
Pacific is the third major shareholder and is expected to gain traction during
the forecast period. In the late phase of the forecast period, Asia Pacific is
expected to hold the second position in the global market due to increasing
adoption. Latin America is a fast-growing region and expected to remain the
same throughout the forecast period due to increasing prevalence. Rest of the
World is the second fast-growing region in the global market due to increasing
prevalence.
Orthokeratology Contact Lens market players include Euclid Systems, Bausch & Lomb, Precision Technologies, HORUS S.n.C. di Risoldi & C, Scotlens and others.
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Orthokeratology Contact Lens Market Segmentation
By Lens Type
+ Overnight Ortho-K
+ Daytime Ortho-K
By End User
+ Vision Care Centres
+ Ophthalmic Clinics
+ Hospitals
By Region
+ North America
+ Latin America
+ Europe
+ Rest of the World
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Competitive
Landscape:
• Tier 1 players- established companies in the market with a major
market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Key
Takeaways
•
Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global Orthokeratology Contact Lens Market trends by Lens Type, by End-User, and by Region
• To cater
comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall
market
• To predict the market size, in key regions (along with
countries)—North America, Europe, Asia Pacific, Latin America, and the Middle
East
• To record evaluate and competitive landscape mapping- product
launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares,
strategies, financials and core competencies
Table of Contents
Introduction
Scope and Objective
Assumptions and Acronyms
Forecast Factors
Research Methodology
Executive Summary
Industry Cluster Analysis
Competition Matrix
Strategies Recommendations
Market Definition
Report Scope (Inclusions & Exclusions)
Market Segmentation
Global Orthokeratology Contact Lens Market Overview
Global Orthokeratology Contact Lens Market Revenue (USD Mn)
Key Inclusions
Porter’s Five Force analysis
Market Dynamics
Industry Trends
Regulatory Guidelines
Opportunities in Orthokeratology Contact Lens
Competition Dynamics
Company Share Analysis (2019)
Top 10 Product Pricing by Region
Global Orthokeratology Contact Lens Market Revenue (USD Mn), 2019-2026 by Lens Type
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Lens Type, 2019-2026
Overnight Ortho-K
Daytime Ortho-K
Global Orthokeratology Contact Lens Market Revenue (USD Mn), 2019-2026 by End User
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026
Vision Care Centres
Ophthalmic Clinics
Hospitals
Global Orthokeratology Contact Lens Market Revenue (USD Mn), 2019-2026 by Region
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Region,2026
North America
Latin America
Europe
Asia Pacific
Rest of world
North America Orthokeratology Contact Lens Market Revenue (US$ Mn), 2019-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2026
US
Canada
Market Revenue (USD Mn) Assessment and Forecast by Lens Type, 2019-2026
Overnight Ortho-K
Daytime Ortho-K
Market Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026
Vision Care Centres
Ophthalmic Clinics
Hospitals
Latin America Orthokeratology Contact Lens Market Revenue (US$ Mn), 2019-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2026
Brazil
Mexico
Argentina
Rest of Latin America
Market Revenue (USD Mn) Assessment and Forecast by Lens Type, 2019-2026
Overnight Ortho-K
Daytime Ortho-K
Market Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026
Vision Care Centres
Ophthalmic Clinics
Hospitals
Europe America Orthokeratology Contact Lens Market Revenue (US$ Mn), 2019-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2026
Germany
France
Spain
UK
Russia
Poland
Rest of Europe
Market Revenue (USD Mn) Assessment and Forecast by Lens Type, 2019-2026
Overnight Ortho-K
Daytime Ortho-K
Market Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026
Vision Care Centres
Ophthalmic Clinics
Hospitals
Asia Pacific America Orthokeratology Contact Lens Market Revenue (US$ Mn), 2019-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2026
Emerging Asia
China
India
ASEAN-5
Rest of Emerging Asia
Japan
Market Revenue (USD Mn) Assessment and Forecast by Lens Type, 2019-2026
Overnight Ortho-K
Daytime Ortho-K
Market Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026
Vision Care Centres
Ophthalmic Clinics
Hospitals
Rest of World America Orthokeratology Contact Lens Market Revenue (US$ Mn), 2019-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2026
Middle East
South Africa
North Africa
Rest of World
Market Revenue (USD Mn) Assessment and Forecast by Lens Type, 2019-2026
Overnight Ortho-K
Daytime Ortho-K
Market Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026
Vision Care Centres
Ophthalmic Clinics
Hospitals
Company Profiles
Competition Landscape
Global Company Share (USD Mn) Overview, 2019
Company Profiles
Euclid Systems
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Bausch & Lomb
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Precision Technologies
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
HORUS S.n.C. di Risoldi & C, Scotlens
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Others
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Research Sources & Primary Verbatim
Browse Corresponding Healthcare Market Research Reports & Consulting
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