Orthokeratology Lens Market Analysis by Type (Overnight Lens and Daytime Lens), By Age Group (Children and Adults), By, Application (Myopia, Astigmatism, and Others), By End-user, (Optometrist Offices, Hospitals & Ophthalmology Clinics, and Others) and by Region: Global Forecast, 2024 - 2033
- PUBLISHED ON
- 2024-06-11
- NO OF PAGES
- 261
- CATEGORY
- Healthcare & Life Sciences
Market Overview
The Orthokeratology Lens market is predicted to develop at a compound annual growth rate (CAGR) of 15.3%from 2024 to 2033, when it is projected to reach USD 2,352.5 Million, based on an average growth pattern. The market is estimated to reach a value of USD 782.1 Million in 2024.
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SOURCE: We Market Research
Ortho-K, or
specially designed contact lenses, are worn overnight to temporarily realign
the cornea and improve vision while the wearer is asleep. These lenses flatten
the cornea gradually, thus they minimize refractive flaws such as
nearsightedness, astigmatism, and occasionally farsightedness. Users no longer
need to wear glasses or daytime contacts after taking out the lenses in the
morning because their vision improves throughout the day. Ortho-K lenses offer
a non-invasive alternative to laser eye surgery for vision correction. They
must be worn consistently to maintain visual improvement, and they are especially
beneficial for those seeking a reversible method of addressing mild to moderate
refractive issues.
A number of
factors influence the orthokeratology (Ortho-K) lens industry. Firstly,
customers looking for alternatives to glasses or refractive surgery are
becoming more aware of non-surgical vision correction procedures like Ortho-K,
which propels market growth. Moreover, market expansion is driven by the need
for reversible and convenient vision correction choices, particularly among
athletes and young adults. Enhancement of comfort and efficacy through
technological innovations in lens materials and manufacturing techniques
propels the market adoption even further. Additionally, a growing number of
people are turning to Ortho-K lenses as a way to manage and control progressive
nearsightedness due to the increased prevalence of myopia observed globally,
especially in children and adolescents.
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Market Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 782.1Million |
|
Market Forecast in 2033 |
USD 2,352.5Million |
|
CAGR % 2024-2033 |
15.3% |
|
Base Year |
2023 |
|
Historic Data |
2016-2022 |
|
Forecast Period |
2024-2033 |
|
Report USP Â |
Production, Consumption, company share, company
heatmap, company production capacity, growth factors and more |
|
Segments Covered |
By Type, By Age Group, By Application, By End-user and By Region |
|
Regional Scope |
North America, Europe, APAC, South America and
Middle East and Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic
Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia;
Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa;
Nigeria |
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Orthokeratology Lens Industry: Dynamics & Restrains
Market opportunity:
 We Market Research: Orthokeratology Lens Dashboard
We give clients with useful insights into market trends over time through a comprehensive dashboard that is part of our marketing platform. An example picture of our dashboard is provided below, and unique PDF login credentials will be provided to enable use of this informative tool.
Orthokeratology Lens Segmentation
Market- By Type Analysis
By Type, the Orthokeratology Lens Market is Categories into Overnight Lens and Daytime Lens. The Overnight Lens segment accounts for the largest share of around 57% in 2024.
Overnight Lens type dominate the market due
to its non-invasive vision correction, myopia management, convenience, and
safety benefits.
The
following segments are part of an in-depth analysis of the global Orthokeratology
Lens market:
|
Market Segments |
 |
|
By  Age
Group |
·       Â
Children ·       Â
Adults |
|
By  Application |
·       Â
Myopia ·       Â
Astigmatism ·       Â
Others |
|
By  End-user |
·       Â
Optometrist Offices ·       Â
Hospitals ·       Â
Ophthalmology Clinics ·       Â
Others |
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Orthokeratology Lens Industry: Regional Analysis
Asia Pacific Market Forecast
Asia Pacific dominate the Orthokeratology Lens Market with the highest revenue generating market with share of more than 47%. Rapid urbanization, growing disposable income, and technological advancements fuel demand for orthokeratology lenses. China and Japan lead with large populations and strong manufacturing capabilities, responding to increasing myopia rates.
North America Market Statistics
North America Orthokeratology
Lens market is second largest market due to technological advancements and
increasing myopia prevalence drive the demand for orthokeratology lenses.
Growing awareness campaigns further boost adoption, with the United States
leading due to established infrastructure and key players.
Europe Market Forecasts
Europe is
expected to be the fastest-growing regional segment of the Orthokeratology Lens
market during the forecast period. The market for orthokeratology lenses is
driven by favorable regulations, lifestyle preferences, and an increase in
myopia cases. Western European nations predominate because of their favorable
adoption rates and healthcare policies.
Key Market Players
 The Orthokeratology Lens Market is dominated by a few large companies, such asÂ
·       Â
Brighten Optix. Co
·       Â
Euclid Systems Corporation
·       Â
Bausch & Lomb Incorporated
·       Â
Johnson & Johnson Services,
Inc.
·       Â
TruForm Optics Inc.
·       Â
Art Optical Contact Lens, Inc.
·       Â
The Cooper Companies Inc.
·        Menicon Co., Ltd.
·         Other
 KEY INDUSTRY DEVELOPMENTS
·       Â
In April 2022 – Visionary
Optics was purchased by Euclid Systems Corporation in order to expand its line
of specialty contact lenses.
·       Â
In November 2021 – The FDA in
the United States approved Johnson & Johnson Services Inc.'s ACUVUE Abiliti
Overnight Therapeutic Lenses for the treatment of myopia.
·        In April 2021 - Menicon Co., Ltd. and Johnson & Johnson Vision worked together to develop therapeutic lens-related goods and services to help children with their myopia.
1.    Â
Global
Orthokeratology Lens Market Introduction and Market Overview
1.1.   Objectives of the Study
1.2.   Global Orthokeratology Lens
Market Scope and Market Estimation
1.2.1. Global Orthokeratology Lens Overall
Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023 - 2033)
1.2.2. Global Orthokeratology Lens
Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2033
1.3.   Market Segmentation
1.3.1. Component of Global Orthokeratology
Lens Market
1.3.2. Technology of Global Orthokeratology
Lens Market
1.3.3. Application of Global Orthokeratology
Lens Market
1.3.4. Region of Global Orthokeratology
Lens Market
2.    Â
Executive Summary
2.1.   Global Orthokeratology Lens Market Industry Trends under COVID-19
Outbreak
2.1.1. Global COVID-19 Status Overview
2.1.2. Influence of COVID-19 Outbreak
on Global Orthokeratology Lens Market
Industry Development
2.2.   Market Dynamics
2.2.1. Drivers
2.2.2. Limitations
2.2.3. Opportunities
2.2.4. Impact Analysis of Drivers and
Restraints
2.3.   Pricing Trends Analysis &
Average Selling Prices (ASPs)
2.4.   Key Mergers & Acquisitions,
Expansions, JVs, Funding / VCs, etc.
2.5.   Porter’s Five Forces Analysis
2.5.1. Bargaining Power of Suppliers
2.5.2. Bargaining Power of Buyers
2.5.3. Threat of Substitutes
2.5.4. Threat of New Entrants
2.5.5. Competitive Rivalry
2.6.   Value Chain / Ecosystem Analysis
2.7.   Russia-Ukraine War Impacts
Analysis
2.8.   Economic Downturn Analysis
2.9.     Market Investment Opportunity
Analysis (Top Investment Pockets), By Segments & By Region
3.    Â
Global Orthokeratology Lens
Market Estimates & Historical Trend
Analysis (2019 - 2022)
4.    Â
Global Orthokeratology Lens
Market Estimates & Forecast Trend
Analysis, by TYPE
4.1.   Global Orthokeratology Lens
Market Revenue (US$ Mn) Estimates and Forecasts, by TYPE, 2019 to 2033
4.1.1. Overnight LensÂ
4.1.2. Daytime Lens
5.    Â
Global Orthokeratology Lens
Market Estimates & Forecast Trend
Analysis, by Age Group
5.1.   Global Orthokeratology Lens
Market Revenue (US$ Mn) Estimates and Forecasts, by Age Group, 2019 to 2033
5.1.1. Children
5.1.2. Adults
6.    Â
Global Orthokeratology Lens
Market Estimates & Forecast Trend
Analysis, by Application
6.1.   Global Orthokeratology Lens
Market Revenue (US$ Mn) Estimates and Forecasts, by Application,
2019 to 2033
6.1.1. Myopia
6.1.2. Astigmatism
6.1.3. Others
7.    Â
Global Orthokeratology Lens
Market Estimates & Forecast Trend
Analysis, by END-USER
7.1.   Global Orthokeratology Lens
Market Revenue (US$ Mn) Estimates and Forecasts, by Application,
2019 to 2033
7.1.1. Optometrist Offices
7.1.2. Hospitals
7.1.3. Ophthalmology Clinics
7.1.4. Others
8.    Â
Global Orthokeratology Lens
Market Estimates & Forecast Trend
Analysis, by Region
8.1.   Global Orthokeratology Lens
Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 to 2033
8.1.1. North America
8.1.2. Europe
8.1.3. Asia Pacific
8.1.4. Middle East & Africa
8.1.5. South America
9.    Â
North
America Orthokeratology Lens Market: Estimates & Forecast Trend Analysis
9.1.  Â
North
America Orthokeratology Lens Market Assessments & Key Findings
9.1.1. North America Orthokeratology
Lens Market Introduction
9.1.2. North America Orthokeratology
Lens Market Size Estimates and Forecast (US$ Million) (2019 – 2033)
9.1.2.1.  By TYPE
9.1.2.2.  By Age Group
9.1.2.3.  By Application
9.1.2.4.  By END-USER
9.1.2.5.  By Country
9.1.2.5.1.    The U.S.
9.1.2.5.2.    Canada
9.1.2.5.3.    Mexico
10. Europe Orthokeratology
Lens Market: Estimates & Forecast
Trend Analysis
10.1. Europe Orthokeratology Lens
Market Assessments & Key Findings
10.1.1.  Europe Orthokeratology Lens
Market Introduction
10.1.2.  Europe Orthokeratology Lens
Market Size Estimates and Forecast (US$ Million) (2019 – 2033)
10.1.2.1.   By TYPE
10.1.2.2.   By Age Group
10.1.2.3.   By Application
10.1.2.4.   By END-USER
10.1.2.5.   By Country
10.1.2.5.1. Germany
10.1.2.5.2. U.K.
10.1.2.5.3. France
10.1.2.5.4. Italy
10.1.2.5.5. Spain
10.1.2.5.6. Russia
10.1.2.5.7. Rest of Europe
11. Asia Pacific Orthokeratology
Lens Market: Estimates & Forecast
Trend Analysis
11.1. Asia Pacific Market Assessments
& Key Findings
11.1.1.  Asia Pacific Orthokeratology
Lens Market Introduction
11.1.2.  Asia Pacific Orthokeratology
Lens Market Size Estimates and Forecast (US$ Million) (2019 – 2033)
11.1.2.1.   By TYPE
11.1.2.2.   By Age Group
11.1.2.3.   By Application
11.1.2.4.   By END-USER
11.1.2.5.   By Country
11.1.2.5.1. China
11.1.2.5.2. Japan
11.1.2.5.3. India
11.1.2.5.4. Australia
11.1.2.5.5. South Korea
11.1.2.5.6. ASEAN
11.1.2.5.7. Rest of Asia Pacific
12. Middle East & Africa Orthokeratology
Lens Market: Estimates & Forecast
Trend Analysis
12.1. Middle East & Africa Market
Assessments & Key Findings
12.1.1.  Middle
East & Africa Orthokeratology
Lens Market Introduction
12.1.2.  Middle
East & Africa Orthokeratology
Lens Market Size Estimates and Forecast (US$ Million) (2019 – 2033)
12.1.2.1.   By TYPE
12.1.2.2.   By Age Group
12.1.2.3.   By Application
12.1.2.4.   By END-USER
12.1.2.5.   By Country
12.1.2.5.1. U.A.E.
12.1.2.5.2. Saudi Arabia
12.1.2.5.3. Egypt
12.1.2.5.4. South Africa
12.1.2.5.5. Rest of Middle East & Africa
13. South America
Orthokeratology Lens Market: Estimates
& Forecast Trend Analysis
13.1. South America Market Assessments
& Key Findings
13.1.1.  South America Orthokeratology
Lens Market Introduction
13.1.2.  South America Orthokeratology
Lens Market Size Estimates and Forecast (US$ Million) (2019 – 2033)
13.1.2.1.   By TYPE
13.1.2.2.   By Age Group
13.1.2.3.   By Application
13.1.2.4.   By END-USER
13.1.2.5.   By Country
13.1.2.5.1. Brazil
13.1.2.5.2. Argentina
13.1.2.5.3. Colombia
13.1.2.5.4. Rest of South America
14. Competition Landscape
14.1. Global Orthokeratology Lens
Market Competition Matrix & Benchmarking, by Leading Players / Innovators /
Emerging Players / New Entrants
14.2. Global Orthokeratology Lens
Market Competition White Space Analysis, By Application
14.3. Global Orthokeratology Lens
Market Competition Heat Map Analysis, By Application
14.4. Global Orthokeratology Lens
Market Concentration & Company Market Shares (%) Analysis, 2022
15. Company Profiles
15.1.                   Â
Brighten Optix.Co
15.1.1.  Company Overview & Key Stats
15.1.2.  Financial Performance & KPIs
15.1.3.  Product Portfolio
15.1.4.  Business Strategy & Recent Developments
* Similar details would be provided
for all the players mentioned belowÂ
15.2.     Euclid Systems
Corporation
15.3.     Bausch &
Lomb Incorporated
15.4.     Johnson &
Johnson Services, Inc.
15.5.     TruForm Optics
Inc.
15.6.     Art Optical
Contact Lens, Inc.
15.7.     The Cooper
Companies Inc.
15.8.     Menicon Co.,
Ltd.
15.9.     Others
16. Research
Methodology
16.1. External Transportations /
Databases
16.2. Internal Proprietary Database
16.3. Primary Research
16.4. Secondary Research
16.5. Assumptions
16.6. Limitations
16.7. Report FAQs
17. Research Findings & Conclusion
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Frequently Asked Questions
What is the market size of Orthokeratology Lens Market in 2024?
Orthokeratology Lens Market was valued at USD 782.1Million in 2024.
What is the growth rate for the Orthokeratology Lens Market?
Orthokeratology Lens Market size will increase at approximate CAGR of 15.3%during the forecasted period.
Which are the top companies operating within the market?
Major companies operating within the Orthokeratology Lens Market are Brighten Optix.Co , Euclid Systems Corporation , Bausch & Lomb Incorporated , Johnson & Johnson Services, Inc. , TruForm Optics Inc. , Art Optical Contact Lens, Inc. , The Cooper Companies Inc. , Menicon Co., Ltd. and Others.
Which region dominates the Orthokeratology Lens Market?
Asia Pacific dominates the market with an active share of 47%.
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