The global Myopia Control Lens market was 497.23 million US$ in 2019 and is expected to 1792.94 million US$ by the end of 2026, growing at a CAGR of 23.21% between 2020 and 2026. In terms of volume, sales of myopia control lenses in 2019 were 4,628.04 K Pairs, and is expected to 15,167.40 K Pairs by the end of 2026, growing at a CAGR of 21.28% between 2020 and 2026.
Myopia, also called near-sightedness or short-sightedness, is a problem with the focusing ability of the eye. It is when the eye is not able to focus properly on objects in the distance. In this study, Myopia Control Spectacle Lenses, such as ZEISS MyoVision Pro Lenses, HOYA MyoSmart and EssilorLuxottica MYOPILUX® LENSES etc.
Global Myopia Control Lens (Plastic Lens) Market- Key Players
ZEISS, HOYA Corporation, EssilorLuxottica, Ovctek, Alpha Corporation, Paragon, EUCLID, Brighten Optix, Lucid Korea, Procornea, WeiXing Optical, Contex, Jiangsu Green Stone Optical (SETO), Conant, are some of the key players, functioning in the global Myopia Control Lens (Plastic Lens) market. ZEISS is the largest manufacturer of myopia control lens globally. In 2019, 27.52% sales share was owned by ZEISS.
More and More People Are Myopic, Stimulating the Myopia Control Lens (Plastic Lens) Market
30% of the world’s population is currently myopic. It is predicted that by the year 2050 about half of the world’s population will be myopic. That’s 5 billion people. These changes have been dramatically increasing over the last 20 years. Several factors can contribute to a child’s potential for becoming myopic. These include the following: Whether one or more of the parents has myopia; The amount of near work the child participates in including reading and computer usage; The amount of time the child spends outdoors; The ethnicity of the child (Asians have a greater propensity for developing myopia); The degree of myopia experienced by the parents.
There are three basic methods to control myopia: Low dose atropine combined with bifocal eyeglasses of various designs; Multifocal soft contact lenses known as center distance contact lenses; Orthokeratology or Corneal molding
Increasing myopic numbers of people stimulates the myopia control lens market growing fast.
Global Myopia Control Lens (Plastic Lens) Market: Segmental Analysis
Myopia Control Spectacle Lenses and Orthokeratology Lens are the two types of Myopia Control Lens (Plastic Lens). Myopia Control Lens is a kind of in order to correct vision, let people can see distant objects clearly glasses, the purpose is to make the regulation of the ciliary muscle to keep a certain eye ability. Ortho-K is a non-surgical refractive treatment. In order to correct your short-sightedness and astigmatism, the cornea has to be re-shaped. Presently, Myopia Control Spectacle Lenses are the most widely used one.
Asia-Pacific is the largest consumption region of Myopia Control Lens, with sales market share of 90.62% in 2020. China is the country with the largest contribution in the Asia-Pacific region. In 2020, the China sales share of myopia control lenses accounted for 66.47% of the Asia-Pacific region.
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