Press release
Orthokeratology Lens Market: Industry Trends, Analysis, Types, Growth, Opportunity and Forecast 2024-2032
Orthokeratology Lens Market
designed to be worn during sleep and work to reshape the cornea to correct refractive errors, particularly myopia. The convenience of these lenses allows users to enjoy clear vision during the day without needing to wear glasses or traditional contact lenses. This ease of use is especially appealing to children and active adults who may prefer not to manage their vision correction during the day.
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The overnight orthokeratology lens segment's growth is bolstered by advancements in lens design and materials that enhance comfort and efficacy. Innovations in oxygen permeability and lens fit have made these products more attractive, further driving adoption. Additionally, as awareness of the benefits of orthokeratology continues to grow, so too does consumer confidence in using these lenses, leading to an increase in market penetration.
On the other hand, the daytime orthokeratology lens segment, while growing, has a comparatively lower market share. This segment is characterized by lenses that can be worn during the day but often do not provide the same level of vision correction as their overnight counterparts. The daytime options are typically preferred by those who may not wish to wear lenses overnight or those who have specific lifestyles that require daytime wear.
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Orthokeratology Lens Top Companies and Competitive Landscape
The global Orthokeratology Lens market is consolidated, with few key players accounting for majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective Orthokeratology Lens solutions.
Some major players included in the global Orthokeratology Lens market report are:
Bausch + Lomb
Johnson & Johnson Vision
CooperVision
Art Optical Contact Lens, Inc.
Brighten Optix
CE GP Specialists
Alpha Corporation Inc.
Euclid Vision Corporation
Menicon Co., Ltd.
Wave LLC
IGEL Sdn Bhd
Essilor Contacts
MiracLens L.L.C.
TruForm Optics Inc.
Orthokeratology Lens Latest Industry Updates
On 27 June 2023, Euclid Vision Corporation, a global leader in advanced orthokeratology (Ortho-K) lenses and proactive myopia management initiatives declared collaboration with ABB Optical Group as a licensed manufacturer and distributor of the Euclid's Ortho-K lenses.
On 28 July 2021, Visioneering Technologies, Inc. (VTI) announced the partnership with orthokeratology company Innovatus Technology Pty Ltd to address myopia management and to add more products to the VTI portfolio.
Orthokeratology Lens Market Segmentation Analysis
For the purpose of this report, Emergen Research has segmented global Orthokeratology Lens market on the basis of Product Type, Age Group, Lens
Material, Application, End-Use, and region:
Product Type Outlook (Revenue, USD Million; 2019-2032)
Overnight Orthokeratology Lens
Daytime Orthokeratology Lens
Age Group Outlook (Revenue, USD Million; 2019-2032)
Children
Adults
Lens Material Outlook (Revenue, USD Million; 2019-2032)
Silicon Acrylate
Fluorosilicone Acrylate
Fluorocarbon Acrylate
Others
Application Outlook (Revenue, USD Million; 2019-2032)
Myopia
Hyperopia
Presbyopia
Hypermetropia
Astigmatism
End-Use Outlook (Revenue, USD Million; 2019-2032)
Hospitals
Optometry Clinics
Ophthalmology Clinics
Others
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Regional Outlook (Revenue, USD Million; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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