Orthokeratology Lenses Global Market Report 2022: Featuring Alpha, Bausch & Lomb, Essilor, E&E Optics, Procornea & More - ResearchAndMarkets.com

The "Orthokeratology Lenses Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 To 2030" report has been added to ResearchAndMarkets.com's offering.

As per the latest research citing of the World Health Organization 2015 report, the number of people suffering with eyesight problems are 153 million, globally.

It is very important to understand that refractive errors cannot be prevented but their early diagnosis and use of orthokeratology lenses for a prolonged period can result in permanent correction. Ortho-K/orthokeratology costs less and the corneal reshaping is reversible, and therefore has been considered as a viable option for patients whose eye shapes are still changing.

Orthokeratology lenses have applications in treatment of refractive errors of eyes which includes myopia, hypermetropia, astigmatism and presbyopia. Hospitals, clinics and eye care shops are the points of dispensation of these products. By material type, the market is categorized as fluorosilicone acrylate, silicone acrylate, balafilcon and Oprifocon A. Market assessment for the above mentioned segments is done by data forecasting and market sizing.

Gas permeable contact lenses have been approved by FDA for their application in orthokeratology. Earlier, contact lenses were made from poly methyl methacrylate as it had meritorious features such as good optical properties, shatter resistant and lightweight. However, the use of this material was discontinued as it was not permeable to oxygen gas, which is an important prerequisite for the epithelial cells of cornea to remain healthy.

As of now, manufacturers are producing rigid lenses incorporating polymers with permeability for oxygen and other gases. Currently, oprifocon A and fluorosilicone acrylate are used in making lenses for orthokeratology treatment due to reduced eye blinking on account of their larger size covering the entire corneal circumference. They impose optimal pressure on cornea to induce the growth of epithelial cells. Balafilcon and silicon acrylate derivatives are studied rigorously to optimize their use as orthokeratology lenses. They have inherent qualities such as high wettability, surface stiffness and high oxygen permeability, which qualifies them as ideal for use in orthokeratology.

The point of dispensation is quite dynamic where a few patients opt to visit the ophthalmologist for comprehensive diagnosis of ophthalmic conditions and few patients visit optometrist to get diagnosis of several refractive errors. The World Health Organization's 2015 global survey report has stated that currently 30% of the global population is suffering with myopia, and by 2050 it is anticipated to rise to 50% of the global population. Patients in developed countries prefer to visit hospitals on account of technological advancement in the diagnosis of eyesight and it is the first point of approach for ailing patients in remote settings where patients anticipate receive proper training regarding the safe use of orthokeratology contact lenses. Eye care shops have tremendous potential to proliferate in orthokeratology lenses market, as patients find it convenient in receiving diagnosis and lenses prescribed from an optometrist at a relatively cheaper cost. They usually dispense different variety of eye-care products often prescribed by ophthalmologists.

According to the Center for Disease Control and Prevention 2015 report, about 11 million 12 year old Americans have the potential to improve their eyesight refractive error correction with early diagnosis and treatment. United States is the most dominant market in orthokeratology lenses on account of rising prevalence of myopia in adult population, greater awareness and accessibility, and wide presence of well-established eye care clinics.

Technological advancement of eye diagnostic equipment and increasing demand for orthokeratology lenses gives thrust to European market growth.

A huge population base suffering with refractive errors and emergence of domestic players has created a competitive scenario, which has a positive impact on the growth of orthokeratology lenses market in Asia Pacific.

Market Segmentation

Material

• Fluorosilicone Acrylate
• Silicone Acrylate
• Balafilcon
• Oprifocon A

Application

• Myopia
• Hypermetropia
• Astigmatism
• Presbyopia

Point of Dispensation

• Hospitals
• Clinics
• Eye Care Shops

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Orthokeratology Lenses market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2030.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Orthokeratology Lenses market?
• Which is the largest regional market for Orthokeratology Lenses market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Orthokeratology Lenses market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Orthokeratology Lenses market worldwide?

Key Topics Covered:

1. Preface

2. Executive Summary

3. Orthokeratology Lenses Market: Business Outlook & Market Dynamics

4. Orthokeratology Lenses Market: By Material, 2020-2030, USD (Million)

5. Orthokeratology Lenses Market: By Application, 2020-2030, USD (Million)

6. Orthokeratology Lenses Market: By Point of Dispensation, 2020-2030, USD (Million)

7. North America Orthokeratology Lenses Market, 2020-2030, USD (Million)

8. UK and European Union Orthokeratology Lenses Market, 2020-2030, USD (Million)

9. Asia Pacific Orthokeratology Lenses Market, 2020-2030, USD (Million)

10. Latin America Orthokeratology Lenses Market, 2020-2030, USD (Million)

11. Middle East and Africa Orthokeratology Lenses Market, 2020-2030, USD (Million)

12. Company Profile

Companies Mentioned

• Alpha Corporation
• Autek
• Bausch & Lomb Incorporated
• Essilor
• Euclid
• E&E Optics
• GP Specialists
• Paragon Vision Sciences
• Procornea
• Taiwan Macro Vision Corporation.

For more information about this report visit https://www.researchandmarkets.com/r/me1mii

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