Myopia Treatment Market Analysis, Region & Country Revenue Share, & Forecast Till 2030

The global Myopia Treatment Market is expected to reach US$ 19,571.85 million in 2030 from US$ 10,276.67 million in 2022. The market is estimated to grow with a CAGR of 8.39% from 2022 to 2030.

Key factors driving the market growth are the rising prevalence of myopia and increased awareness of myopia treatment. However, the lack of skilled professionals hinders the myopia treatment market growth.

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Analysis of the Top Market Players:

1. Haag-Streit Holding (Metall Zug)
2. 2EyesVision
3. Ziemer Group
4. NIDEK CO., LTD
5. Alcon
6. Carl Zeiss AG
7. CooperVision
8. Bausch Health
9. Johnson & Johnson Vision (Johnson & Johnson)
10. Topcon Healthcare Inc

In this report, the market has been segmented on the basis of:

Type (High Myopia, Degenerative Myopia, Progressive Myopia)
Treatment [Low-Dose Atropine Eye Drops, Contact Lenses, Ortho-K, and Refractive Surgery (LASIK, PRK)]
Age Group (Adult Myopia and Childhood Myopia)
End User (Hospitals and Clinics, Specialty Clinics, and Refractive Surgery Centers), and Geography

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The rising availability of advanced technologies for treating targeted myopia is another significant opportunity for the myopia treatment market. Advances in technologies such as laser-assisted in-situ keratomileusis (LASIK), photorefractive keratectomy (PRK), and implantable collamer lenses (ICL) have made it possible to correct myopia more effectively and with fewer complications. For instance, In August 2023, Johnson & Johnson Vision launched a next-generation laser vision correction solution, the ELITATM Platform, during the 41st European Society of Cataract and Refractive Surgeons (ESCRS) congress. Various ground-breaking data was also presented during the congress; over thirty abstracts backed by Johnson & Johnson Vision have been approved for presentation. Surgeons can apply the innovative SILK (Smooth Incision Lenticule Keratomileusis) treatment to treat myopic patients who have astigmatism or do not utilize the ELITATM Platform.

The ELITATM Platform offers surgeons an exceptionally smooth and uncomplicated lenticular removal procedure with next-day outcomes and recovery owing to its fast laser delivery technology and ultra-precise laser pulse. These advanced technologies have traditionally been expensive and inaccessible to many patients. Still, as they become more widely available, they present an opportunity for the myopia treatment market to expand its reach and provide better treatment options to a larger patient population.

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