Global Orthokeratology Market: Overview
The demand in the global orthokeratology market has increased due to the key advancements in the field of ophthalmology over the past two decades. Orthokeratology is the use of gas permeable contact lenses to reshape the cornea of ââthe eye. This procedure helps reduce refractive errors such as farsightedness, myopia, and astigmatism which could worsen into serious vision problems. Orthokeratology has emerged as a viable replacement for refractive surgeries and eyeglasses, but the temporary nature of orthokeratology is expected to constrain demand in the market.
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The field of ophthalmology has attracted significant investment from multiple sources, which has contributed to the growth of the global orthokeratology market. The demand in the global orthokeratology market is also expected to increase due to the confidence shown by the masses in the use of contact lenses. Orthokeratology is also known as ortho-k, corneal refractive therapy, night vision correction, and CRT. The healthcare industry has focused on enhancing the capabilities of the ophthalmology field which is also expected to feel the growth in the global orthokeratology market.
The global orthokeratology market can be segmented on the basis of the following parameters: application, lens type, distribution channel, and region. The field of ophthalmology is characterized by multiple forces that define the field of growth within the various markets aligned with this field.
A report on the global orthokeratology market reviews several factors and forces that have contributed to the growth of this market in recent times. The report begins by defining the growth scope of the global orthokeratology market and advances towards making projections with respect to revenue generation and CAGR.
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Global Orthokeratology Market: Trends and Opportunities
Nearsightedness, or nearsightedness, can be caused by multiple reasons in humans, and the use of orthokeratology can help cure this disorder. Hence, the increasing incidence of myopia is expected to propel the demand in the global orthokeratology market over the next few years. Besides, the presence of qualified ophthalmologists has also led to the influx of huge income in the global orthokeratology market. It is safe to predict that the global orthokeratology market will exceed all previous growth milestones in terms of sales volume and revenue over the next decade.
The availability of advanced lens types that can help reshape the cornea easily has also propelled demand in the global orthokeratology market. In addition, orthokeratology can be performed without inflicting eye pain, which has led to the popularity of this technique among the masses.
Global Orthokeratology Market: Regional Outlook
The demand in the orthokeratology market in North America has increased due to the prolific growth in the field of ophthalmology in the United States and Canada. In addition, governments in the region have provided key reimbursements for eye treatments, which has also boosted market demand. Besides North America, the orthokeratology market in Europe is also growing at a steady pace, mainly due to the presence of the NHS in the UK. Other regional orthokeratology markets such as Middle East & Africa and Asia-Pacific are also expected to continue to grow in the coming years.
Global Orthokeratology Market: Competitive Landscape
Some of the major players in the global orthokeratology market are Alpha Corporation, Autek China, Bausch and Lomb Inc., E&E Optics, Euclid Systems and Essilor International SA
Global Orthokeratology Market: Based on Lens Type
- Fluorosilicone acrylate
- Silicone acrylate
- Oprifocon A
Global Orthokeratology Market: Application Based
Global Orthokeratology Market: Based On Distribution Channel
- Optometry clinics
- Ophthalmology clinics
Global Orthokeratology Market: Region Based
- North America
- Latin America
- Asia Pacific
- The Middle East and Africa
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