Orthokeratology Lenses Market 2024-2031: Growth Trends, Technological Advances, and Key Players | Insights & Analysis

Market Size
Orthokeratology Lenses Market size was valued US$ 593.43 million in 2022 and is estimated to reach US$ 1,017.82 million by 2031, growing at a CAGR of 5.7% during the forecast period (2024-2031).

Orthokeratology, commonly known as Ortho-K, involves the fitting of specialized contact lenses to reshape the cornea. This treatment utilizes gas-permeable contact lenses specifically designed to be worn overnight, rather than during the day. While the wearer sleeps, these lenses gradually reshape the surface of the eye.

Ortho-K lenses are primarily utilized to treat and, in some cases, eliminate conditions such as myopia (nearsightedness), hyperopia (farsightedness), and astigmatism. Presently, this treatment is particularly effective in addressing progressive myopia in children, offering a promising method for slowing down its advancement.

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Orthokeratology Lenses Market Trends
Increasing technological advancements and the rising prevalence of myopia and astigmatism are anticipated to be key drivers propelling the growth of the orthokeratology market.

Significant factors fueling market growth include advancements in scientific and technological innovation, a surge in the introduction of novel orthokeratology lenses, and the expanding geriatric population.

According to a study published in the Investigative Ophthalmology and Visual Science journal in 2021, titled "IMI Impact of Myopia," approximately one-fifth of global blindness is attributed to refractive errors like myopia. In 2020, around 30% of the global population was affected by myopia, with projections indicating a rise to 50% by 2050, with 10% of this population having high myopia.

The market is expected to witness substantial growth, particularly in the orthokeratology lens segment, owing to continuous scientific and technological advancements. Key players are actively engaged in developing and enhancing their products, leading to an increase in market demand. Orthokeratology lenses are increasingly utilized to address various eye disorders and conditions such as myopia, presbyopia, and astigmatism, offering an alternative to laser treatments or surgeries. Additionally, common eye diseases like cataracts and glaucoma are expected to further drive market expansion in the coming years.

Key players in the industry are pursuing novel advancements through collaborations, mergers, and the introduction of new products. For example, in 2021, Johnson & Johnson Vision Care received FDA approval for Acuvue Oasys orthokeratology lenses, which provide comfort, high moisture content, clear vision, and promote good eye health. Such developments are expected to contribute significantly to market growth in the near future.

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Market Segmentation

By Type
Overnight Orthokeratology Lenses
Daytime Orthokeratology Lenses

By Material
Silicone Acrylate
Fluoro-silicone Acrylate
Fluoro-carbon Acrylate

By Applications
Myopia
Hypermetropia
Presbyopia
Astigmatism

By End user
Hospitals
Ophthalmic Centers
Optometric Clinics
Others

Orthokeratology Lenses Brands
Major players are Cooper Vision, Alpha Corporation, Bausch and Lomb Inc., Brighten Optix Co., Johnson and Johnson Vision Care, Euclid Systems Corp., GP Specialists, MiracLens L.L.C., TruForm Optics Inc., and Paragon Vision Sciences.

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