Dublin, December 23, 2021 (GLOBE NEWSWIRE) – The Global Myopia and Presbyopia Treatment Market Size, Share and Trend Analysis Report by Myopia Treatment Type (Corrective, Surgical), Presbyopia Treatment Type (Prescription, Lenses) contact), region and segment forecast, 2021-2028 â the report was added to ResearchAndMarkets.com offer.
The global myopia and presbyopia treatment market size is projected to reach USD 28.0 billion by 2028 and is expected to grow at a CAGR of 7.9% from 2021 to 2028
The increasing research and development in the targeted disorders is expected to provide a significant boost to the market during the forecast period. Moreover, the increasing prevalence of both myopia and high myopia is expected to fuel the market during the forecast period.
The incidence of myopia in developing Asia-Pacific countries, such as Japan, China, Singapore and the Republic of Korea has increased sharply in recent years. According to Statista, cases of myopia worldwide are expected to increase by 28% over the next decade and by 30% for high myopia.
The increasing prevalence of myopia and presbyopia is an opportunity for industry players to introduce effective treatment solutions. Among developed countries, the United States is experiencing a significant increase in the incidence of myopia and presbyopia, especially among people over 42 years of age. The introduction of technologically advanced surgical options and high adoption rates in developed countries are expected to drive the market growth in the coming years.
Advanced diagnostic and surgical treatment solutions include LASIK, LASEK, and PRK. The integration of these techniques with artificial intelligence and robot-assisted surgical tools is expected to increase the number of surgeries.
The introduction of multifocal intraocular lenses and implantable contact lenses is expected to positively impact the growth of the market.
Highlights of the Myopia and Presbyopia Treatment Market Report
By type of myopia treatment, the single prescription corrective lens segment is expected to hold a significant share of the market revenue due to the progression of myopia with age, thus requiring frequent changes of corrective lenses.
The progressive multifocal segment is also expected to grow significantly during the forecast period due to wide acceptance due to the aesthetic benefits.
Multifocal contact lenses for presbyopia correction held the largest share of revenue in 2020, largely due to their easy availability and effective results.
Main topics covered:
Chapter 1. Methodology and scope
Chapter 2. Executive summary
2.1. Market outlook
2.2. Segment outlook
2.3. Competitive outlook
Chapter 3. Variables, Trends and Scope of Myopia and Presbyopia Treatment Market
3.1. Market lineage outlook
3.1.1. Parents Market Outlook
3.1.2. Related / Auxiliary Market Outlook
3.2. Mapping of penetration and growth prospects
3.3. Industry value chain analysis
3.3.1. Reimbursement framework
3.4. Market dynamics
3.5. Tools for analyzing the myopia and presbyopia treatment market
3.5.1. Industry Analysis – Porter’s
3.5.2. PESTEL analysis
3.5.3. Analysis of major transactions and strategic alliances
3.5.4. Market entry strategies
Chapter 4. Myopia Treatment Type Estimates and Trend Analysis
4.1. Definitions and scope
184.108.40.206. Corrective lenses
220.127.116.11. Contact lenses
4.2. Myopia Treatment Types Market Share, 2020 and 2028
4.3. Segment dashboard
4.4. Global Myopia and Presbyopia Treatment Market by Myopia Treatment Type
4.5. Market size and forecast and trend analysis, 2018 to 2028 for the following
18.104.22.168. Corrective lenses
22.214.171.124. Contact lenses
Chapter 5. Presbyopia Treatment Type Estimates and Trend Analysis
5.1. Definitions and scope
5.1.1. Corrective lenses
126.96.36.199. Reading glasses
188.8.131.52. Progressive multifocal
184.108.40.206. Progressive Desk
5.1.2. Contact lenses
220.127.116.11. Modified monovision
5.1.3. Intraocular lenses
5.1.4. Refractive surgery
5.2. Presbyopia Treatment Types Market Share, 2020 and 2028
5.3. Segment dashboard
5.4. Global Myopia and Presbyopia Treatment Market by Presbyopia Treatment Type
5.5. Market size and forecast and trend analysis, 2018 to 2028 for the following
5.5.1. Corrective lenses
18.104.22.168. Reading glasses
22.214.171.124. Progressive multifocal
126.96.36.199. Progressive Desk
5.5.2. Contact lenses
188.8.131.52. Modified monovision
5.5.3. Intraocular lenses
5.5.4. Refractive surgery
Chapter 6. Treatment of myopia and presbyopia: regional estimates and trend analysis
6.1. Regional market share analysis, 2020 and 2028
6.2. Regional market dashboard
6.3. Global regional market overview
6.4. Regional market share and main players, 2018
Chapter 7. Competitive landscape
For more information on this report, visit https://www.researchandmarkets.com/r/f25quj
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