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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
  • 2004-06-11
  • 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.

 

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.

 

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

 

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

 

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

·         Children

·         Adults

By  Application

·         Myopia

·         Astigmatism

·         Others

By  End-user

·         Optometrist Offices

·         Hospitals

·         Ophthalmology Clinics

·         Others

 

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 as 

·         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.

·         Other

 KEY INDUSTRY DEVELOPMENTS

·         In April 2022 – Visionary Optics was purchased by Euclid Systems Corporation in order to expand its line of specialty contact lenses.

·         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.      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.      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.      Global Orthokeratology Lens Market Estimates & Historical Trend Analysis (2019 - 2022)

4.      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 Lens 

4.1.2. Daytime Lens

5.      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.      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.      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.      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.      North America Orthokeratology Lens Market: Estimates & Forecast Trend Analysis

9.1.    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.                     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 below 

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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