15.01.2019 Views

Orthokeratology Lenses Market is expected to expand at a CAGR of 5.86 % from 2017 to 2025

Orthokeratology Lenses Market is expected to expand at a CAGR of 5.86 % from 2017 to 2025

Orthokeratology Lenses Market is expected to expand at a CAGR of 5.86 % from 2017 to 2025

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Credence Research Inc.<br />

<strong>Orthokera<strong>to</strong>logy</strong> <strong>Lenses</strong> <strong>Market</strong> <strong>is</strong> <strong>expected</strong> <strong>to</strong><br />

<strong>expand</strong> <strong>at</strong> a <strong>CAGR</strong> <strong>of</strong> <strong>5.86</strong> % <strong>from</strong> <strong>2017</strong> <strong>to</strong><br />

<strong>2025</strong><br />

Sample Request<br />

Inquiry before buying<br />

E-mail: sales@credenceresearch.com<br />

Ph: 1-800-361-8290<br />

Web: http://www.credenceresearch.com


Request Sample<br />

The l<strong>at</strong>est market report publ<strong>is</strong>hed by Credence Research, Inc. “<strong>Orthokera<strong>to</strong>logy</strong> <strong>Lenses</strong><br />

<strong>Market</strong> - Growth, Future Prospects, Competitive Analys<strong>is</strong>, <strong>2017</strong> - <strong>2025</strong>,” the global<br />

orthokera<strong>to</strong>logy lenses market <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>expand</strong> <strong>at</strong> a <strong>CAGR</strong> <strong>of</strong> <strong>5.86</strong> % <strong>from</strong> <strong>2017</strong> <strong>to</strong> <strong>2025</strong>.<br />

<strong>Market</strong> Insights<br />

Nearsightedness <strong>is</strong> a refractive error occurring due <strong>to</strong> enlarged cornea or when the corneal<br />

curv<strong>at</strong>ure <strong>is</strong> <strong>to</strong>o steep, thus causing the light rays <strong>to</strong> fall in front <strong>of</strong> the retina. The exact etiology<br />

<strong>is</strong> unknown but genetic and environmental fac<strong>to</strong>rs are rel<strong>at</strong>ed <strong>to</strong> the myopic d<strong>is</strong>ease etiology.<br />

In developing countries the d<strong>is</strong>ease prevalence <strong>is</strong> growing <strong>at</strong> a rapid pace. The prevalence <strong>of</strong><br />

myopia in urban and rural areas <strong>of</strong> India <strong>is</strong> 3.16% and 1.45% respectively. In China, the<br />

prevalence <strong>of</strong> myopia has increased drastically <strong>from</strong> 80% in junior high school students <strong>to</strong> almost<br />

90% in university students.<br />

Browse the full report <strong>Orthokera<strong>to</strong>logy</strong> <strong>Lenses</strong> <strong>Market</strong> - Growth, Future Prospects, Competitive<br />

Analys<strong>is</strong>, <strong>2017</strong> – <strong>2025</strong> report <strong>at</strong> https://www.credenceresearch.com/report/orthokera<strong>to</strong>logylenses-market<br />

Myopia <strong>is</strong> the most commonly occurring refractive error worldwide, affecting all age groups and<br />

orthokerao<strong>to</strong>logy has been proven <strong>to</strong> be effective in correcting myopia and achieve a 6/6 v<strong>is</strong>ion.<br />

<strong>Orthokera<strong>to</strong>logy</strong> lenses are useful in rectifying Hypermetropia by enlarging the corneal size so<br />

th<strong>at</strong> the v<strong>is</strong>ual image falls on the retina.<br />

Hospitals domin<strong>at</strong>e the point <strong>of</strong> d<strong>is</strong>pens<strong>at</strong>ion segment as the p<strong>at</strong>ients are accur<strong>at</strong>ely diagnosed<br />

for refractive errors and are appropri<strong>at</strong>ely educ<strong>at</strong>ed regarding the judicious use <strong>of</strong><br />

orthokera<strong>to</strong>logy lenses. Due <strong>to</strong> lower cost <strong>of</strong> diagnos<strong>is</strong> and availability <strong>of</strong> cheaper lenses, p<strong>at</strong>ient<br />

influx in eye-care shops will experience a surge in the forecast period.<br />

<strong>Market</strong> leaders such as Essilor Intern<strong>at</strong>ional S.A. currently manufacturing cosmetic contact<br />

lenses and Bausch and Lomb Incorpor<strong>at</strong>ed producing bifocal contact lenses are opting for<br />

oprifocon A and fluorosilicone acryl<strong>at</strong>e m<strong>at</strong>erials <strong>to</strong> manufacture large size contact lenses with<br />

rel<strong>at</strong>ively low eye blinking r<strong>at</strong>e. Balafilcon will become a trendsetter during the forecast dur<strong>at</strong>ion<br />

2015-<strong>2025</strong> as it has meri<strong>to</strong>rious fe<strong>at</strong>ures such as high oxygen permeability, wettability and<br />

surface stiffness.<br />

Increasing number <strong>of</strong> adolescents suffering with myopia, higher awareness and gre<strong>at</strong>er<br />

establ<strong>is</strong>hments <strong>of</strong> retail outlets providing eye care services drive the North America<br />

orthokera<strong>to</strong>logy lenses market. Asia Pacific <strong>is</strong> a potential market due <strong>to</strong> r<strong>is</strong>ing prevalence <strong>of</strong>


efractive errors across all age groups and emergence <strong>of</strong> domestic players in manufacturing<br />

orthokera<strong>to</strong>logy lenses. These phenomena have cre<strong>at</strong>ed a competitive market environment<br />

which nour<strong>is</strong>hes the Asian Pacific orthokera<strong>to</strong>logy lenses market.<br />

The big players in the orthokera<strong>to</strong>logy lenses market are companies prominent in<br />

orthokera<strong>to</strong>logy lenses market are Bausch & Lomb Incorpor<strong>at</strong>ed, Essilor and Alpha Corpor<strong>at</strong>ion<br />

have a stronghold in the contact lenses market. Competitive market scenario <strong>is</strong> cre<strong>at</strong>ed due <strong>to</strong><br />

the emergence <strong>of</strong> players such as Autek China, Inc., Euclid, E&E Optics, GP Special<strong>is</strong>ts, Paragon<br />

V<strong>is</strong>ion Sciences, Procornea and Taiwan Macro V<strong>is</strong>ion Corpor<strong>at</strong>ion.<br />

Key <strong>Market</strong> Movements<br />

<br />

<br />

<br />

Increasing number <strong>of</strong> people suffering with refractive errors and respective v<strong>is</strong>ion loss<br />

R<strong>is</strong>ing demand for orthokera<strong>to</strong>logy lenses in adolescent and elderly p<strong>at</strong>ients, mainly due<br />

<strong>to</strong> age-rel<strong>at</strong>ed changes in eye shape and appropri<strong>at</strong>e addressable capabilities <strong>of</strong><br />

orthokera<strong>to</strong>logy lenses<br />

Bausch and Lomb Incorpor<strong>at</strong>ed and Essilor Intern<strong>at</strong>ional S.A. have a strong hold in the<br />

orthokera<strong>to</strong>logy market. Players such as Paragon V<strong>is</strong>ion Sciences (CRT <strong>Lenses</strong>), Autek<br />

China, Inc. and Taiwan Macro V<strong>is</strong>ion Corpor<strong>at</strong>ion have entered in the orthokera<strong>to</strong>logy<br />

market with their value added products.<br />

Download Free Sample Request: https://www.credenceresearch.com/sample-request/58948<br />

About Us<br />

Credence Research <strong>is</strong> a worldwide market research and counseling firm th<strong>at</strong> serves driving<br />

organiz<strong>at</strong>ions, governments, non-leg<strong>is</strong>l<strong>at</strong>ive associ<strong>at</strong>ions, and not-for-benefits. We <strong>of</strong>fer our<br />

cus<strong>to</strong>mers some ass<strong>is</strong>tance with making enduring enhancements <strong>to</strong> their execution and<br />

understand their most imper<strong>at</strong>ive objectives. Over almost a century, we’ve manufactured a firm<br />

extraordinarily prepared <strong>to</strong> th<strong>is</strong> task.<br />

Media Contact<br />

Name: Chr<strong>is</strong> Smith<br />

Address: 105 N 1st ST #429,<br />

SAN JOSE, CA 95103 US<br />

E-mail: sales@credenceresearch.com<br />

Ph.: 1-800-361-8290<br />

Website: http://www.credenceresearch.com

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!