The global Myopia Control Lens (Plastic Lens) market was valued at US$ 497.2 million in 2019 and is expected to reach US$ 1792.8 million by the end of 2026, growing at a CAGR of 23.2% during 2021-2026.
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. and Myopia Control Contact Lenses (Orthokeratology Lens and Multi-focals (like MiSight)) are focused.
Asia-Pacific is the largest consumption region of Myopia Control Lens (Plastic Lens), with sales market share about 90% and revenue market share about 86% in 2019. The second place is North America, following Asia-Pacific with the share of about 5% and about 7%.
Market competition is intense. ZEISS, HOYA Corporation, Ovctek, EssilorLuxottica, Alpha Corporation, Paragon, EUCLID andBrighten Optix are the leaders of the industry. ZEISS occupied about 20% global revenue market share in 2019. HOYA, Ovctek and EssilorLuxottica occupied about 15%, about 13% and nearly 12%, respectively.
Global Myopia Control Lens (Plastic Lens) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Myopia Control Lens (Plastic Lens) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are ZEISS, Hoya Corporation, EssilorLuxottica, Ovctek, Alpha Corporation, Paragon, Euclid, Brighten Optix, Lucid Korea, Procornea, WeiXing Optical, Contex, Jiangsu Green Stone Optical (Seto), Conant and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Myopia Control Spectacle Lenses
- Orthokeratology Lens
Segment by Application
- Children (6-12 Years Old)
- Teenagers (12-18 Years Old)
Table of Content:
1 Myopia Control Lens (Plastic Lens) Market Overview
2 Myopia Control Lens (Plastic Lens) Market Competition by Manufacturers
3 Myopia Control Lens (Plastic Lens) Retrospective Market Scenario by Region
4 Global Myopia Control Lens (Plastic Lens) Historic Market Analysis by Type
5 Global Myopia Control Lens (Plastic Lens) Historic Market Analysis by Application
6 Key Companies Profiled
7 Myopia Control Lens (Plastic Lens) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Myopia Control Lens (Plastic Lens) Market Dynamics
10 Global Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta