The myopia and presbyopia treatment market is forecasted to grow by USD 7946.29 mn during 2022-2027, accelerating at a CAGR of 8.09% during the forecast period. The report on the myopia and presbyopia treatment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing prevalence of myopia and presbyopia, rising awareness regarding vision care, and growing demand for vision correction among the aging population.
Technavio's myopia and presbyopia treatment market is segmented as below:
Market Scope
Base Year
2022
End Year
2027
Series Year
2023-2027
Growth Momentum
Accelerate
YOY 2023
7.71%
CAGR
8.09%
Incremental Value
$7,946.29mn
By Type
Myopia treatment
Presbyopia treatment
By Product
Lenses and glass
Surgery
Drug
By Geographical Landscape
Asia
North America
Europe
Rest of World (ROW)
This study identifies the recent developments in myopia and presbyopia treatment as one of the prime reasons driving the myopia and presbyopia treatment market growth during the next few years. Also, increasing medical tourism for low-cost ophthalmology surgeries and emergence of multifocal intraocular lenses will lead to sizable demand in the market.
The report on the myopia and presbyopia treatment market covers the following areas:
Myopia and presbyopia treatment market sizing
Myopia and presbyopia treatment market forecast
Myopia and presbyopia treatment market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading myopia and presbyopia treatment market vendors that include AbbVie Inc., Alcon Inc., Arctic Vision, Bausch Health Companies Inc., BVI Holdings Ltd., Carl Zeiss AG, ENTOD INTERNATIONAL, EssilorLuxottica, F. Hoffmann La Roche Ltd., Johnson and Johnson, Metall Zug AG, NIDEK Co. Ltd., Ophtec BV, Orasis Pharmaceuticals Inc., Regeneron Pharmaceuticals Inc., Sanjeevan School For Perfect Eyesight, Sydnexis Inc., The Cooper Companies Inc., Topcon Corp., Vision Care Group, Visus Therapeutics Inc., Ziemer Ophthalmic Systems AG, and Evotec SE. Also, the myopia and presbyopia treatment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global myopia and presbyopia treatment market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global myopia and presbyopia treatment market 2017 - 2021 ($ million)