Orthokeratology Contact Lens Market Overview

An overview of conceptual frameworks, analytical approaches of the Orthokeratology Contact Lens market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Orthokeratology Contact Lens market is expected to grow with significant rate in the near future.

The global Orthokeratology Contact Lens Market in 2020 is estimated for more than US$ 41.7 Bn and expected to reach a value of US$ 71.4 Bn by 2028 with a significant CAGR of 7.0%.

Orthokeratology Contact Lens Market Definition

Orthokeratology contact lens, also known as OK, Ortho-K, corneal refractive therapy, corneal reshaping, and vision shaping treatment, is a substitute method to rectify refractive errors using tailor-made stiff lenses to briefly alter and reshape the arch of the cornea. In the modern-day world, Orthokeratology or Ortho-K technology utilizes breathable stiff lens material and everts geometry designs to enable rapid and more efficient corneal reshaping. In the present times, the most common clinical application of Orthokeratology is for the elimination of myopia through corneal flattening.

Orthokeratology contact lenses are gas permeable contact lenses that are required to be worn overnight. They smoothly reshape the front surface of the eyes. Once the reshaping of the front surface or cornea of eyes are done, the lenses can be removed in the morning.

Orthokeratology contact lenses is a way of an advanced and modern non-surgical procedure that eradicates the necessity to wear daytime spectacles or contact lenses. The procedure is usually recommended for astigmatism, myopia (nearsightedness), hyperopia (farsightedness), and presbyopia (blurred near vision).

Orthokeratology is also considered as an excellent substitute for the LASIK procedure for individuals who are not prepared to go through surgical procedures in order to rectify their vision. Owing to which, the global orthokeratology contact lens market is projected to witness substantial growth in the forthcoming years.

Orthokeratology Contact Lens Market Dynamics

A huge elevation in the count of individuals affected with refractive errors such as hypermetropia, myopia, presbyopia, and astigmatism escalates the demand for advanced treatment techniques. One of the most common disorders reported affecting a large number of populations worldwide is Myopia.

In addition to that, as per the estimates of the fact sheet of The World Health Organization 2018, around 1.3 billion people were living with some form of vision impairment. Also, according to the reports, approximately 188.5 million patients suffer from a mild vision impairment, 217 million people have moderate to serious vision impairment, and 36 million people have totally their sight, across the world. Such estimates of a vast number of populations suffering from eye disorders or serious problems is a major factor supporting the growth of the global orthokeratology contact lens market over the forecast period.

In addition to that, the increased timing of population, especially the youth, in the present-day world, on screen, including laptops, computers, and smartphones is further propelling the incidence of eye disorders, globally, is also playing a positive role for the growth of the global orthokeratology contact lens market in the coming years.

Orthokeratology Contact Lens Market Segmentation

The global orthokeratology contact lens market is segmented on the basis of lens type, end user, and by region.

On the basis of lens type, the global orthokeratology contact lens market is segmented into

• •    Overnight Ortho-K

• •    Daytime Ortho-K

While on the basis of end-user the market can be segmented into

• •    Vision Care Centres

• •    Ophthalmic Clinics

• •    Hospitals

On the basis of Region, the global orthokeratology contact lens market is segmented into

• •    North America (U.S., Canada)

• •    Latin America (Brazil, Mexico, Argentina, Rest of Latin America)

• •    Europe (U.K., Germany, Italy, France, Spain, Russia, Poland, BENELUX, NORDIC)

• •    Asia Pacific (China, India, Japan, Australia and New Zealand, South Korea, ASEAN, Rest of Asia)

• •    Middle East (GCC Countries, Israel, Oman, Rest of Middle East)

• •    Africa (South Africa, Egypt, North Africa, Rest of Africa)

Orthokeratology Contact Lens Market Key Players

Some of the key participating players in the orthokeratology contact lens market are Euclid Systems, Bausch & Lomb, Precision Technologies, HORUS S.n.C. di Risoldi & C, and Scotlens.

MMC Overview on Orthokeratology Contact Lens Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.

A research report on the Orthokeratology Contact Lens market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market. The report is titled as ‘Orthokeratology Contact Lens Market: Opportunity Analysis and Future Assessment 2020-2028’.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of Orthokeratology Contact Lens

Advantages of Orthokeratology Contact Lens

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.

1.    Global Orthokeratology Contact Lens Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Orthokeratology Contact Lens Market Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Orthokeratology Contact Lens Market Snapshot

2.4.    Global Orthokeratology Contact Lens Market Size and Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Orthokeratology Contact Lens Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Key Regulations

2.7.    Porter’s Five Forces Model

3.    Global Orthokeratology Contact Lens Market, By Lens Type

3.1.    Introduction

3.1.1.    Annual Growth Rate Comparison, By Lens Type

3.1.2.    BPS Analysis, By Lens Type

3.2.    Market Revenue (US$Mn) Forecast, By Lens Type

3.2.1.    Overnight Ortho-K

3.2.2.    Daytime Ortho-K

3.3.    Global Orthokeratology Contact Lens Market Attractiveness Index, By Lens Type

4.    Global Orthokeratology Contact Lens Market, By End User

4.1.    Introduction

4.1.1.    Annual Growth Rate Comparison, By End User

4.1.2.    BPS Analysis, By End User

4.2.    Market Revenue (US$Mn) Forecast, By End User

4.2.1.    Vision Care Centres

4.2.2.    Ophthalmic Clinics

4.2.3.    Hospitals

4.3.    Global Orthokeratology Contact Lens Market Attractiveness Index, By End User

5.    Global Orthokeratology Contact Lens Market, By Region

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Region

5.1.2.    BPS Analysis, By Region

5.2.    Market Revenue (US$Mn) Forecast, By Region

5.2.1.    North America

5.2.2.    Latin America

5.2.3.    Europe

5.2.4.    Asia Pacific

5.2.5.    Middle East

5.2.6.    Africa

5.3.    Global Orthokeratology Contact Lens Market Attractiveness Index, By Region

6.    North America Orthokeratology Contact Lens Market Analysis and Forecast, 2020–2028

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Country

6.1.2.    BPS Analysis, By Country

6.2.    Market Revenue (US$Mn) Forecast, By Country

6.2.1.    U.S. Orthokeratology Contact Lens Market

6.2.2.    Canada Orthokeratology Contact Lens Market

6.3.    North America Orthokeratology Contact Lens Market, By Lens Type

6.3.1.    Overnight Ortho-K

6.3.2.    Daytime Ortho-K

6.4.    North America Orthokeratology Contact Lens Market, By End User

6.4.1.    Vision Care Centres

6.4.2.    Ophthalmic Clinics

6.4.3.    Hospitals

6.5.    North America Orthokeratology Contact Lens Market Attractiveness Index

6.5.1.    By Country

6.5.2.    By Lens Type

6.5.3.    By End User

7.    Latin America Orthokeratology Contact Lens Market Analysis and Forecast, 2020–2028

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Country

7.1.2.    BPS Analysis, By Country

7.2.    Market (US$Mn) Forecast, By Country

7.2.1.    Brazil Orthokeratology Contact Lens Market

7.2.2.    Mexico Orthokeratology Contact Lens Market

7.2.3.    Argentina Orthokeratology Contact Lens Market

7.2.4.    Rest of Latin America Orthokeratology Contact Lens Market

7.3.    Latin America Orthokeratology Contact Lens Market, By Lens Type

7.3.1.    Overnight Ortho-K

7.3.2.    Daytime Ortho-K

7.4.    Latin America Orthokeratology Contact Lens Market, By End User

7.4.1.    Vision Care Centres

7.4.2.    Ophthalmic Clinics

7.4.3.    Hospitals

7.5.    Latin America Orthokeratology Contact Lens Market Attractiveness Index

7.5.1.    By Country

7.5.2.    By Lens Type

7.5.3.    By End User

8.    Europe Orthokeratology Contact Lens Market Analysis and Forecast, 2020–2028

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Country

8.1.2.    BPS Analysis, By Country

8.2.    Market (US$Mn) Forecast, By Country

8.2.1.    U.K. Orthokeratology Contact Lens Market

8.2.2.    Germany Orthokeratology Contact Lens Market

8.2.3.    Italy Orthokeratology Contact Lens Market

8.2.4.    France Orthokeratology Contact Lens Market

8.2.5.    Spain Orthokeratology Contact Lens Market

8.2.6.    Russia Orthokeratology Contact Lens Market

8.2.7.    Poland Orthokeratology Contact Lens Market

8.2.8.    BENELUX Orthokeratology Contact Lens Market

8.2.9.    NORDIC Orthokeratology Contact Lens Market

8.2.10.    Rest of Europe Orthokeratology Contact Lens Market

8.3.    Europe Orthokeratology Contact Lens Market, By Lens Type

8.3.1.    Overnight Ortho-K

8.3.2.    Daytime Ortho-K

8.4.    Europe Orthokeratology Contact Lens Market, By End User

8.4.1.    Vision Care Centres

8.4.2.    Ophthalmic Clinics

8.4.3.    Hospitals

8.5.    Europe Orthokeratology Contact Lens Market Attractiveness Index

8.5.1.    By Country

8.5.2.    By Lens Type

8.5.3.    By End User

9.    Asia Pacific Orthokeratology Contact Lens Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market (US$Mn) Forecast, By Country

9.2.1.    China Orthokeratology Contact Lens Market

9.2.2.    India Orthokeratology Contact Lens Market

9.2.3.    Japan Orthokeratology Contact Lens Market

9.2.4.    Australia and New Zealand Orthokeratology Contact Lens Market

9.2.5.    South Korea Orthokeratology Contact Lens Market

9.2.6.    ASEAN Orthokeratology Contact Lens Market

9.2.7.    Rest of Asia Pacific Orthokeratology Contact Lens Market

9.3.    Asia Pacific Orthokeratology Contact Lens Market, By Lens Type

9.3.1.    Overnight Ortho-K

9.3.2.    Daytime Ortho-K

9.4.    Asia Pacific Orthokeratology Contact Lens Market, By End User

9.4.1.    Vision Care Centres

9.4.2.    Ophthalmic Clinics

9.4.3.    Hospitals

9.5.    Asia Pacific Orthokeratology Contact Lens Market Attractiveness Index

9.5.1.    By Country

9.5.2.    By Lens Type

9.5.3.    By End User

10.    Middle East Orthokeratology Contact Lens Market, By Region

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) Forecast, By Country

10.2.1.    GCC Countries Orthokeratology Contact Lens Market

10.2.2.    Israel Orthokeratology Contact Lens Market

10.2.3.    Oman Orthokeratology Contact Lens Market

10.2.4.    Rest of Middle East Orthokeratology Contact Lens Market

10.3.    Middle East Orthokeratology Contact Lens Market, By Lens Type

10.3.1.    Overnight Ortho-K

10.3.2.    Daytime Ortho-K

10.4.    Middle East Orthokeratology Contact Lens Market, By End User

10.4.1.    Vision Care Centres

10.4.2.    Ophthalmic Clinics

10.4.3.    Hospitals

10.5.    Middle East Orthokeratology Contact Lens Market Attractiveness Index

10.5.1.    By Country

10.5.2.    By Lens Type

10.5.3.    By End User

11.    Africa Orthokeratology Contact Lens Market, By Region

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    South Africa Orthokeratology Contact Lens Market

11.2.2.    Egypt Orthokeratology Contact Lens Market

11.2.3.    North Africa Orthokeratology Contact Lens Market

11.2.4.    Rest of Africa Orthokeratology Contact Lens Market

11.3.    Africa Orthokeratology Contact Lens Market, By Lens Type

11.3.1.    Overnight Ortho-K

11.3.2.    Daytime Ortho-K

11.4.    Africa Orthokeratology Contact Lens Market, By End User

11.4.1.    Vision Care Centres

11.4.2.    Ophthalmic Clinics

11.4.3.    Hospitals

11.5.    Africa Orthokeratology Contact Lens Market Attractiveness Index

11.5.1.    By Country

11.5.2.    By Lens Type

11.5.3.    By End User

12.    Recommendation

12.1.    Market Strategy

13.    Competitive Landscape

13.1.    Competition Dashboard

13.2.    List and Company Overview of Global Key Players

13.3.    Company Profiles

13.3.1.    Euclid Systems

13.3.1.1.    Company Overview

13.3.1.2.    Financial Overview

13.3.1.3.    Product Portfolio

13.3.1.4.    Key Developments

13.3.1.5.    Business Strategies

13.3.2.    Bausch & Lomb

13.3.3.    Precision Technologies

13.3.4.    HORUS S.n.C. di Risoldi & C

13.3.5.    Scotlens

14.    Acronyms