Orthokeratology Market: Competitive Insights to 2026 And Future Analysis By Key Players Autek China, Alpha Corporation, Bausch and Lomb Inc., Euclid Systems

Orthokeratology (Ortho-K) is a non-surgical procedure using specially designed contact lenses to gently reshape the curvature of the eye to improve vision. It is most frequently used to temporarily correct myopia (near-sightedness). Ortho-k can correct upwards of -6.00 diopters (D) of myopia. It is also useful in correction of lesser degrees of astigmatism, presbyopia and hyperopia. Overnight ortho-K lenses are most commonly used in comparison to daytime wear. According to the Eye Contact Lens journal 2016 data, in the U.S., an estimated 500,000 to one million people were using ortho-K, whereas nearly 1.5 million ortho-K wearers were reported in China. Developments in peripheral refraction testing in combination with customized lens design is expected to show better myopia control with ortho-K.

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Market Dynamics
Increasing prevalence of myopia and high myopia around the world is the major factor driving the orthokeratology market growth. Myopia is the most common cause of correctable visual impairment among adults and children and is a leading cause of preventable blindness in emerging economies. According to a 2016, study published in National Center for Biotechnology Information (NCBI), myopia affects 1.89 billion people worldwide and it is projected to affect 2.56 billion people by 2020. Furthermore, myopia and high myopia will affect 52% (4,949 million) and 10.0% (925 million), respectively, of the world’s population by 2050.

Orthokeratology has become one of the most popular choices among children for refractive correction. However, with increasing adoption of Ortho-K worldwide, potential complications associated with the treatment have become a significant concern. Potential complications associated with Ortho-K include microbial keratitis, lens binding, and corneal staining. Microbial keratitis remains as the most serious and sight-threatening complication of Ortho-K. Moreover, increasing visibility of fibrillary lines, epithelial pigment deposit, and transient changes of corneal biomechanical properties are other clinically insignificant side effects of orthokeratology lens.

Key features of the study:
This report provides in-depth analysis of the orthokeratology market, market size (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the forecast period: 2018 – 2026, considering 2017, as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by leading players
It profiles key players in the global orthokeratology market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
Increasing prevalence of myopia and high myopia worldwide are expected to drive growth of the orthokeratology market

The prevalence of myopia and high myopia is increasing worldwide at a significant rate. Myopia is a major public health concern and high myopia is ranked second, as the leading cause of visual impairment worldwide. According to the National Center for Biotechnology Information (NCBI) 2016 report, in East Asia, nearly 50% of urban population suffered from myopia and the prevalence among students was around 90%.

Moreover, onset of visual complications from myopia occurs earlier than other causes of blindness such as cataract and thus its impact on quality of life is also observed earlier. According to the Eye Contact Lens journal 2018 study, the economic burden of eye diseases in the U.S. is around US$ 139 billion, with nearly US$ 16 billion spent on myopia correction alone. Therefore, methods for preventing myopia and controlling its progression have high demand across the globe.

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