Orthokeratology is a method of refractive error correction that uses bespoke gas permeable contact lenses to temporarily alter the corneal curvature. Orthokeratology, also known as ortho-k, corneal refractive therapy (CRT), and nighttime vision correction therapy, is a non-surgical procedure that will corrects refractive problems by altering the cornea’s curvature to enhance object visibility.
New York, Aug. 18, 2022 (GLOBE NEWSWIRE) — Reportlinker. com announces the release of the report “Global Orthokeratology Lens Market Size, Share & Industry Trends Analysis Report By Product Type, By Indication, By Distribution Channel, Simply by Regional Outlook and Forecast, 2022 – 2028” — https://www.reportlinker.com/p06315037/?utm_source=GNW
To enable quicker as well as more effective corneal reshaping, modern ortho-K technology reverses geometry designs and uses breathable stiff lens material. This technique, which involves temporary medication, will be used to treat myopia, hypermetropia, and other vision-related issues. Myopia, hypermetropia, astigmatism, & presbyopia occurrences are predicted to rise, which will help the industry.
Wearing lenses that reduce eye sight issue progression and correct eye sight may sound like a fantasy, but it’s actually a reality. Orthokeratology lenses are not exactly a novel concept. However , these lenses have just recently begun to make significant strides. Due to development of advanced plus precise technology, the field of technology is currently really advancing. These tools facilitate and expedite the production of 3D models of the particular eye’s surface. The enhanced polymer substance that makes hard contact lenses more oxygen permeable is another driving force behind the new technologies.
But since the pandemic began, there has been the significant change, and many more people are now more likely to have refractive defects. It is anticipated that the move toward online education and the widespread adoption associated with work-from-home policies by businesses would lead to an increase in peoples’ overall screen time and an increase in refractive errors. Consequently, it is possible to predict that during the upcoming years, the market. The main driver fueling the marketplace expansion is key manufacturers’ increased efforts to introduce new products plus obtain regulatory approvals. Additionally , the market is growing significantly because of the increasing burden of patients with refractive defects.
COVID-19 Impact Analysis
The decrease in patient visits in order to hospitals & clinics brought about simply by the COVID-19 pandemic had a marginally negative effect. The outbreak of pandemics that swept the world significantly altered how the health care industry is managed. Nobody has been in a decent physical, mental, or emotional state throughout the pandemic. The government had declared rigorous internment as the coronavirus was about to break out, and individuals were confined to their houses, which usually increased display time. People’s eyesight was impacted by excessive exposure to laptops & personal computers. Despite the difficulties that will several industries faced throughout the pandemic, the particular worldwide orthokeratology market expanded significantly.
Marketplace Growth Factors
Increase In Cases Of Myopia & High Myopia
Myopia & high myopia are becoming more and a lot more commonplace on a massive level. Myopia is a significant public health issue, and excessive myopia is the second-leading factor in the visual impairment globe. Inside East Asia, the prevalence of myopia is among the large number of students and affected around half of the urban population. In addition , because myopia’s visual difficulties begin earlier than other causes of blindness like cataracts, its effects upon quality associated with life are also seen earlier. The cost of eye illnesses in various developed regions is estimated to be in the particular millions. Myopia prevention, as well as control techniques, are therefore highly sought after on a worldwide scale.
Increasing Use Of Laptops & Extended Exposure
Digital gadgets such as laptops, tablets, smartphones, plus e-readers have become an essential part of everyday life. Most occupations necessitate working on computers for extended periods of time. In addition, the need of staying connected has increased along with the rise of social networking sites. A worrying trend has been seen where people turn on their own cell phones as soon as they get up and continue their particular trust with digital screens until these people go in order to bed. In addition , the rising use associated with digital displays has given rise to a disorder called Computer Vision Syndrome (CVS), which harms the eyes plus causes issues with vision.
Market Restraining Issues
Availability Associated with Various Alternatives In The Market
There are various alternatives available in the particular market like multifocal disposable lenses and atropine eye drops. MiSight lens are the first type of FDA-approved contact lens for preventing childhood myopia progression. Children as young as 8 years old may be prescribed these soft, disposable lenses. At night, the lenses are removed after being worn during the day. These lens include concentric rings that refocus light so that it strikes the retina in a different way, deceiving the eye into not enlarging too much. Although the lenses can correct astigmatism.
Product Type Perspective
Based upon product type, the orthokeratology lens market is segmented into overnight ortho-K lens and day-time ortho- K lenses. In 2021, overnight ortho-K lenses dominated the particular orthokeratology lens market along with the highest revenue share. This is usually attributed to the easy availability of overnight ortho-K lenses. Additionally , ortho-k lens are customized contact lens. The user can wake up with clear vision without the need with regard to glasses or contacts the particular next day time. Ortho K lens softly reshapes the eye immediately. All these types of factors are supporting market growth in this segment. The main advantage of these lenses is that will they are needed to be worn only at night.
On the basis of indication, the orthokeratology lens market is fragmented into myopia, presbyopia, hypermetropia and astigmatism. In 2021, the astigmatism segment covered a significant revenue discuss in the orthokeratology market. The particular vision might become distorted or fuzzy if someone has astigmatism, a common condition of the eyes. It occurs when the particular cornea the transparent outer layer associated with the vision or zoom lens the inner portion of the attention that aids in attention focus possess an abnormal shape. The demand regarding ortho-k lens is rising in this segment as spherical ortho-k lenses are usually available which have the ability to reshape the anterior surface from the cornea.
Submission Channel View
By distribution channel, the particular orthokeratology lens market is classified in to hospitals, optometry clinics, ophthalmology clinics and others. In 2021, the North America region witnessed the largest revenue share within the orthokeratology lens marketplace. The increase in the prevalence and incidence associated with vision errors, as well as the particular number of qualified specialists, are indicators of the market expansion in this region. Additionally, the market in this particular region is being driven by the rising awareness of the use of ortho-k lenses, successful compensation guidelines, and marketplace penetration by key competitors in the region.
Region-wise, the orthokeratology lens marketplace is analyzed across The united states, Europe, Asian countries Pacific plus LAMEA. In 2021, the particular North America region observed the largest revenue share in the orthokeratology lens market. The increase in the frequency and incidence of eyesight errors, as well as the number associated with qualified specialists, are indicators of the marketplace expansion inside this region. Additionally , the market in this region is being driven by the particular rising awareness of the use of ortho-k lenses, successful compensation policies, and market penetration by key competitors in the region.
The market research statement covers the analysis of key stake holders associated with the market. Key companies profiled in the report include Johnson & Johnson (Johnson & Johnson Vision Care, Inc. ), Bausch Health Companies, Inc., The Cooper Companies, Incorporation., Euclid Systems Corporation, Alpha Corporation, Inc. (Menicon Co., Ltd. ), Brighten Optix Corporation, TruForm Optics, Incorporation., Art Optical Contact Zoom lens, Inc., plus MiracLens, LLC.
Strategies deployed in Orthokeratology Lens Marketplace
Jun-2022: CooperVision took over EnsEyes, a leader in specialty contact lenses. Under the acquisition, EnsEyes would operate within CooperVision’s Specialty EyeCare group. The particular acquisition focused on accelerating the particular growth of specialty zoom lens adoption across these markets. In inclusion, the acquisition would give the highly respected team more resources intended for growth, further build the expertise associated with CooperVision while well like support eyes care professionals’ soaring enthusiasm for specialty fitting.
Apr-2022: Euclid Vision acquired Visionary Optics, the specialty scleral contact lens design, and submission pioneer. The acquisition aimed to enhance the particular abilities of both companies to provide comprehensive specialized lens care to a lot more patients worldwide.
Jan-2022: Manley & Johnson introduced ACUVUE Ability, a powerful new comprehensive approach for myopia management. The particular launch would address the spread and progression associated with myopia within children.
May-2021: CooperVision received European approval for Procornea DreamLite night time lenses. The lenses are a new CooperVision myopia control product to gain the CE Mark, joining EyeDream & Paragon CRT ortho-k styles, MiSight 1-day soft lenses, and SightGlass Vision Diffusion Optics Technology spectacle lens.
May-2021: Euclid Systems released Euclid MAX, the over night orthokeratology lens. These lenses would gently reshape the particular cornea to manage myopia while the patient sleeps. The latest contacts offer incredible zoom lens stability, oxygen permeability, plus wettability, which usually adds the layer of comfort, safety, and satisfaction to my Ortho-K practice.
Feb-2021: CooperCompanies formed a joint venture along with EssilorLuxottica, an innovator in the design, manufacture, and distribution of ophthalmic lenses. The particular companies are usually focused on accelerating the particular commercialization associated with innovative spectacle lenses from SightGlass Eyesight, which is developed to reduce the progression of myopia in children. With the SightGlass Vision technology by this collaboration, MiSight 1 time and orthokeratology for the purpose of through CooperVision, and Stellest lens from Essilor, ECPs may create a comprehensive optical intervention portfolio to address the particular rising number of children impacted simply by myopia.
Sep-2020: TruForm Optics overtook DreamLens. The purchase would enable licensed eyesight care professionals to expand the options associated with managing myopia using DreamLens, manufactured in Boston Equalens II material, after achieving online certification.
May-2020: Bausch + Lomb unveiled LuxSmart, an Extended Depth of Focus intraocular lens (IOL), plus LuxGood, a new monofocal IOL. These products feature the latest premium optic style and PRO technology that will decreases dysphotopsia, a typical phenomenon that can occur in some premium IOLs and compromise a patient’s vision.
Scope from the Study
Market Segments covered within the Report:
By Item Type
• Overnight Ortho-K lenses
• Day-time Ortho- K lenses
By Distribution Channel
• Ophthalmology Clinics
• Optometry Clinics
• North The united states
o Rest of United states
o Rest of Europe
• Asia Pacific
o South Korea
um Rest of Asia Pacific cycles
o Saudi Arabia
o South Africa
um Associated with LAMEA
• Manley & Johnson (Johnson & Johnson Vision Care, Inc. )
• Bausch Wellness Companies, Incorporation.
• The Cooper Companies, Inc.
• Euclid Techniques Corporation
• Alpha Corporation, Inc. (Menicon Co., Ltd. )
• Brighten Optix Corporation
• TruForm Optical technologies, Inc.
• Art Optic Contact Lens, Inc.
• MiracLens, LLC
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