This report is a detailed and comprehensive analysis for global Myopia Control Lenses (Children & Teenagers) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
According to our (Global Info Research) latest study, the global Myopia Control Lenses (Children & Teenagers) market size was valued at US$ 1598 million in 2024 and is forecast to a readjusted size of USD 4193 million by 2031 with a CAGR of 14.1% during review period.
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 MiyoSmart and Essilor ® Stellest ™ etc. and Myopia Control Contact Lenses (Orthokeratology Lens and Multi-focals (like MiSight)) are focused.
The myopia control lens industry is continuously evolving to address the increasing prevalence of myopia and the growing demand for effective solutions. Several solutions and innovations are being developed and implemented to tackle the challenge of myopia progression.
Specialized Lens Designs: Manufacturers are developing specialized lens designs specifically tailored for myopia control. These lenses employ various optical techniques, such as multifocal optics, peripheral defocus management, and dual-focus designs, to reduce the progression of myopia. These innovative designs aim to optimize visual performance while simultaneously slowing down the elongation of the eye, which is the underlying cause of myopia.
Orthokeratology (Ortho-K): Orthokeratology is a non-surgical method of myopia control that involves wearing specially designed gas-permeable contact lenses overnight. These lenses reshape the cornea temporarily, providing clear vision during the day without the need for glasses or contact lenses. Ortho-K lenses are particularly popular among children and teenagers as they offer a convenient and reversible option for myopia management.
Soft contact lenses offer an alternative option to spectacles for correcting vision. They are made from a flexible clear oxygen permeable material and fit to closely align with the front surface of the eye. Not all of these myopia control soft contact lenses are available in all countries or eye care practices. A further consideration is local regulatory approvals - in the USA for example contact lenses are approved for use by the Federal Drugs and Administration (FDA). Myopia control contact lenses can be prescribed without FDA approval as 'off-label' use, but FDA approval provides assurance that a lens has been extensively tested and approved for safety and effectiveness. Currently the CooperVision MiSight 1 day lens is the only myopia control soft contact lens to have FDA approval.
Asia-Pacific is the largest consumption region of Myopia Control Lens, with 88.31% global revenue market share in 2023. China is the country with the largest contribution in the Asia-Pacific region. In 2023, the revenue share of myopia control lenses accounted for 63.89% of the Asia-Pacific region.
Market competition is intense. ZEISS, HOYA Corporation, CooperVision, EssilorLuxottica, Ovctek, Alpha Corporation, EUCLID and Brighten Optix are the leaders of the industry, and hold key technologies and customers, have been formed in the monopoly position in the industry. However, with further expanding market, there will be more manufactures in the future. Of the major players in this market, HOYA hold the largest market share in 2023, followed by ZEISS, CooperVision and EssilorLuxottica. HOYA occupied 31.60% global revenue market share in 2023. ZEISS, CooperVision and EssilorLuxottica occupied 15.78%, 12.04% and 11.99%, respectively.
There are three type of Myopia Control Lens including Myopia Control Spectacle Lenses, Orthokeratology Lens and Soft Contact Lenses. In 2023, global revenue of Myopia Control Spectacle Lenses was valued at 812.34 million US$, making up 63.86% market share, and is projected to increase at a GAGR of 16.83% during 2024 to 2030. Orthokeratology Lens and soft contact lenses were valued at 347.07 million US$ and 112.61 million US$ in 2023, respectively.
To Get More Details About This Study, Please Click Here:
https://www.globalinforesearch.com/reports/2415362/myopia-control-lenses--children---teenagers
The overall report focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity. The market outlook section gives a detailed analysis of market evolution, growth drivers, restraints, opportunities, and challenges, Porter’s 5 Force’s Framework, macroeconomic analysis, value chain analysis and pricing analysis that directly shape the market at present and over the forecasted period. The drivers and restraints cover the internal factors of the market whereas opportunities and challenges are the external factors that are affecting the market. The market outlook section also gives an indication of the trends influencing new business development and investment opportunities.
The Primary Objectives in This Report determine the size of the total market opportunity of global and key countries,assess the growth potential for Myopia Control Lenses (Children & Teenagers) and competitive factors affecting the marketplace,forecast future growth in each product and end-use market. Also,this report profiles key players in the global Myopia Control Lenses (Children & Teenagers) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments.
Myopia Control Lenses (Children & Teenagers) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by region, regional analysis covers North America (United States, Canada, and Mexico),Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe),Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).
The report provides insights regarding the lucrative opportunities in the Myopia Control Lenses (Children & Teenagers) Market at the country level. The report also includes a precise cost, segments, trends, region, and commercial development of the major key players globally for the projected period.
The Myopia Control Lenses (Children & Teenagers) Market report comprehensively examines market structure and competitive dynamics. Researching the Myopia Control Lenses (Children & Teenagers) market entails a structured approach beginning with clearly defined objectives and a comprehensive literature review to understand the current landscape. Methodologies involve a mix of primary research through interviews, surveys, and secondary research from industry reports and databases. Sampling strategies ensure representation, while data analysis utilizes statistical and analytical techniques to identify trends, market sizing, and competitive landscapes. Key areas of focus include trend analysis, risk assessment, and forecasting. Findings are synthesized into a detailed report, validated through peer review or expert consultation, and disseminated to stakeholders, with ongoing monitoring to stay abreast of developments.
Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.
Contact Us:
GlobaI Info Research
Web: https://www.globalinforesearch.com
CN: 0086-176 6505 2062
HK: 852-58030175
Email: report@globalinforesearch.com