Covid-19 Impact on Orthokeratology Lens Market 2021-2025: Business Growth by Top Key Company’s - Menicon, E&E Optics, Alpha Corp, Brighten Optix

The demand for Orthokeratology Lens Market 2021 is anticipated to be high for the next few years. By considering this demand we provide latest Orthokeratology Lens Market Report which gives complete industry analysis, market outlook, size, growth and forecast till 2025. This report will assist in analyzing the current and future business trends, sales and revenue forecasts.

Global Orthokeratology Lens Market Overview:

The Global Orthokeratology Lens Market has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Orthokeratology Lens Market size to maintain the average annual growth rate of 17.04% from 414.51 Million USD in 2015 to 664.63 Million USD in 2019, market research analysts believe that in the next few years, Orthokeratology Lens Market size will be further expanded, we expect that by 2025, The market size of the Orthokeratology Lens will reach 1476.30 Million USD.

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As per the market research study, Orthokeratology (Ortho-k) is a process that uses specially designed contact lenses to temporarily reshape outline of the cornea to reduce myopia (nearsightedness). It is a non-surgical procedure, which offers advantage of reduced risk in comparison to refractive surgery. According to the World Health Organization (WHO) report analysis, the number of people suffering with eyesight problems is 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 costs very less and the corneal reshaping are reversible, and therefore have been considered as a viable option for patients whose eye shapes are still changing.

The Global Orthokeratology Lens Market is segmented on the basis of Material Type, End-User and Region. Based on the Material Type, the Global Orthokeratology Lens Market is sub-segmented into Boston Material, Paragon Material and others Material. On the basis of End-User, the Global Orthokeratology Lens Market is classified into General Hospital, Eye Hospital and others.

In terms of the regional analysis, APAC is a potential market due to rising prevalence of refractive errors across all age groups and emergence of domestic players in manufacturing Orthokeratology lenses. These phenomena have created a competitive market environment which nourishes the APAC Orthokeratology Lens Market. Rising number of adolescents suffering with myopia, higher awareness and greater establishments of retail outlets providing eye care services drive the North America Orthokeratology Lens Market.

Latest Industry News:

Menicon (February 08, 2021) - Observation of Sandwich Structure of Circle Lens Using Transmission Electron Microscopy Published in “Microscopy,” a journal specialized in microscopy - Menicon developed a method to observe the position and distribution form of pigment components in circle lenses in a joint study with Nagoya Institute of Technology. The results of the study were published in “Microscopy,” a journal specialized in microscopy, on December 4.

There was widely reported the occurrence of eye disorders due to the use of lenses with iris patterns (such as color contact lenses and circle lenses, hereinafter referred to “circle lenses”) mainly in young adults. Several factors can induce eye disorders, such as the manufacturing method, burden on the eyes due to the use of conventional contact lens materials, purchase/use of lenses without consulting an ophthalmologist, and low compliance with instructions, for example, negligence of observing the use duration or care method.

In particular, with regard to the manufacturing method, it has been reported that pigment components that are used for printing the iris patterns on lenses are often exposed on the lens surface, thereby posing a risk of damage to the eyelids and corneal surface (Notes). However, it is difficult to objectively evaluate this risk. While it has been established without clear evaluation that the “sandwich structure is safe,” because the color layer is present between two material layers, users continue to use them without much thought, which is a major concern. This study enabled us to identify a method to observe the position and distribution form of pigment components that had been difficult to evaluate, and the study findings are expected to contribute to future product development and quality evaluation.

With the mission of “providing better visual acuity,” Menicon has been attempting to improve the safety awareness of circle lenses among users. Based on the study results, we intend to continue to develop and manufacture high-quality lenses and provide information to users and healthcare professionals involved in the prescription of contact lenses.

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Top Leading Key Manufacturers in Global Orthokeratology Lens Market: EUCLID, E&E Optics, Paragon, Alpha Corporation, Lucid Korea, Brighten Optix, Autek, Menicon, GP Specialists, Procornea and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

With the presence of a large pool of participants, the Global Orthokeratology Lens Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). Stryker Corporation, Conmed Corporation, Covidien Ltd., Boston Scientific Corporation, and Fujinon Ltd are some of the key vendors of Orthokeratology Lens across the world. These players across Orthokeratology Lens Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.

Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Orthokeratology Lens in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

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Major Points in Table of Contents:

Global Orthokeratology Lens Market Report 2021

1 Orthokeratology Lens Product Definition

2 Global Orthokeratology Lens Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Orthokeratology Lens Shipments

2.2 Global Manufacturer Orthokeratology Lens Business Revenue

2.3 Global Orthokeratology Lens Market Overview

3 Manufacturer Orthokeratology Lens Business Introduction

3.1 EUCLID Orthokeratology Lens Business Introduction

3.2 E&E Optics Orthokeratology Lens Business Introduction

3.3 Paragon Orthokeratology Lens Business Introduction

3.4 Alpha Corporation Orthokeratology Lens Business Introduction

3.5 Lucid Korea Orthokeratology Lens Business Introduction

3.6 Brighten Optix Orthokeratology Lens Business Introduction

3.7 Autek Orthokeratology Lens Business Introduction

3.8 Menicon Orthokeratology Lens Business Introduction

3.9 GP Specialists Orthokeratology Lens Business Introduction

3.10 Procornea Orthokeratology Lens Business Introduction

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