Myopia And Presbyopia Treatment Market Size, Share & Trend Report

Myopia And Presbyopia Treatment Market (2023 - 2030) Size, Share & Trend Analysis Report By Myopia Treatment Type (Corrective, Surgical), By Presbyopia Treatment Type (Prescription, Contact Lenses), By Region, And Segment Forecasts

Market Segmentation

Myopia Treatment Type Outlook (Revenue, USD Million, 2017 - 2030)
- Corrective
  - Prescription Lenses
    - Single
    - Bifocal
    - Trifocal
    - Others
  - Contact Lenses
- Surgical
- Drugs
Presbyopia Treatment Type Outlook (Revenue, USD Million, 2017 - 2030)
- Prescription Lenses
  - Reading Glasses
  - Bifocals
  - Trifocals
  - Progressive Multifocals
  - Office Progressives
- Contact Lenses
  - Bifocal
  - Multifocal
  - Monovision
  - Modified Monovision
- Intraocular Lenses
- Refractive Surgery

Regional Outlook (Revenue, USD Million, 2017 - 2030)
- North America
- Europe
  - Europe Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
    - Corrective
      - Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
      - Contact Lenses
    - Surgical
    - Drugs
  - Europe Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
    - Prescription Lenses
      - Reading Glasses
      - Bifocals
      - Trifocals
      - Progressive Multifocals
      - Office Progressives
    - Contact Lenses
      - Bifocal
      - Multifocal
      - Monovision
      - Modified Monovision
    - Intraocular Lenses
    - Refractive Surgery
  - Germany
    - Germany Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - Germany Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery
  - U.K.
    - U.K. Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - U.K. Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery
  - France
    - France Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - France Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery
  - Italy
    - Italy Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - Italy Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery
  - Spain
    - Spain Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - Spain Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery
- Asia Pacific
  - Asia Pacific Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
    - Corrective
      - Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
      - Contact Lenses
    - Surgical
    - Drugs
  - Asia Pacific Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
    - Prescription Lenses
      - Reading Glasses
      - Bifocals
      - Trifocals
      - Progressive Multifocals
      - Office Progressives
    - Contact Lenses
      - Bifocal
      - Multifocal
      - Monovision
      - Modified Monovision
    - Intraocular Lenses
    - Refractive Surgery
  - China
    - China Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - China Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery
  - Japan
    - Japan Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - Japan Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery
  - India
    - India Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - India Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery
  - Thailand
    - Thailand Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - Thailand Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery
  - South Korea
    - South Korea Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - South Korea Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery
- Latin America
  - Latin America Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
    - Corrective
      - Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
      - Contact Lenses
    - Surgical
    - Drugs
  - Latin America Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
    - Prescription Lenses
      - Reading Glasses
      - Bifocals
      - Trifocals
      - Progressive Multifocals
      - Office Progressives
    - Contact Lenses
      - Bifocal
      - Multifocal
      - Monovision
      - Modified Monovision
    - Intraocular Lenses
    - Refractive Surgery
  - Brazil
    - Brazil Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - Brazil Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery
  - Mexico
    - Mexico Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - Mexico Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery
  - Argentina
    - Argentina Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - Argentina Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery
  - Columbia
    - Columbia Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - Columbia Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery
- Middle East & Africa
  - Middle East & Africa Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
    - Corrective
      - Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
      - Contact Lenses
    - Surgical
    - Drugs
  - Middle East & Africa Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
    - Prescription Lenses
      - Reading Glasses
      - Bifocals
      - Trifocals
      - Progressive Multifocals
      - Office Progressives
    - Contact Lenses
      - Bifocal
      - Multifocal
      - Monovision
      - Modified Monovision
    - Intraocular Lenses
    - Refractive Surgery
  - South Africa
    - South Africa Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - South Africa Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery
  - Saudi Arabia
    - Saudi Arabia Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - Saudi Arabia Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery
  - UAE
    - UAE Myopia and Presbyopia Treatment Market, by Myopia Treatment Type
      - Corrective
        
        Prescription Lenses
        
        Single
        
        Bifocal
        
        Trifocal
        
        Others
        
        Contact Lenses
      - Surgical
      - Drugs
    - UAE Myopia and Presbyopia Treatment Market, Presbyopia Treatment Type
      - Prescription Lenses
        
        Reading Glasses
        
        Bifocals
        
        Trifocals
        
        Progressive Multifocals
        
        Office Progressives
      - Contact Lenses
        
        Bifocal
        
        Multifocal
        
        Monovision
        
        Modified Monovision
      - Intraocular Lenses
      - Refractive Surgery

Myopia And Presbyopia Treatment Market Dynamics

Drivers: Rising Prevalence Of Eye-Related Disorders

Eye disorders, particularly myopia and high myopia, are on the rise globally, impacting a significant number of people. According to the World Health Organization (WHO), in 2010, myopia affected 28.0% of the global population, with China, Japan, South Korea, and Singapore contributing significantly to this figure. The occurrence of myopia is projected to increase further in the future, becoming a leading cause of permanent blindness worldwide. The WHO predicts that by 2050, the proportion of people with myopia will rise to 52%, affecting around 5 billion people. Age is a major factor contributing to eye disorders such as presbyopia, which is common in individuals over 40. The WHO estimates that by 2050, 22% of the world’s population will be over 60. The Population Reference Bureau predicts that the number of people over 65 in the U.S. will nearly double from 52 million in 2018 to 95 million by 2060, likely increasing the prevalence of presbyopia. Presbyopia is also prevalent in low- and middle-income countries, ranging from 43.8% to 93.4%. The National Eye Institute predicts that about 2.2 million people in the U.S. will be blind by 2030. Therefore, the increasing prevalence of eye disorders is expected to stimulate market growth.

Increasing Eye-Related Awareness Programmes

The number of patients suffering from myopia and presbyopia is on the rise, mainly due to delayed diagnosis and treatment. This can be attributed to a lack of awareness about these diseases and the unavailability of appropriate treatments. To address this, various awareness programs and initiatives are being launched by governments and market players to educate the public about common eye diseases and their treatments. For example, the Chinese government has implemented measures to curb the increasing incidence of myopia among children. In September 2018, the Ministry of Education introduced a plan to decrease myopia by 3% in children aged 6 by 2030. In addition to government efforts, companies are also participating in various initiatives related to myopia control and treatment. In November 2018, Johnson & Johnson Vision announced a partnership with the Singapore National Eye Center (SNEC) and the Singapore Eye Research Institute (SERI). These organizations aim to gather resources, data, and trial results to help manage the rising prevalence of myopia. Singapore, which has a significant population of myopic patients, is conducting numerous research studies on myopia treatments. In November 2018, Johnson & Johnson and the Singapore Eye Research Institute announced a research collaboration worth USD 26.35 million to tackle myopia. Similarly, in April 2019, Alcon initiated Project Presbyopia during Presbyopia Awareness Month to inform end users about this disorder, its diagnosis, and treatment options. Therefore, the increasing awareness about treatment options for myopia and presbyopia is anticipated to drive market growth.

Restrains: High Treatment And Correction Cost Of Myopia And Presbyopia

Around the world, surgical procedures such as Laser-assisted In Situ Keratomileusis (LASIK) and Photorefractive Keratectomy (PRK) are gaining traction for correcting vision issues such as myopia and presbyopia. However, their high price tags can deter potential patients, potentially slowing market expansion. In 2019, according to NVISION, LASIK surgery costs ranged from USD 1,000 to USD 3,000 per eye. These costs encompass presurgical care, surgical medications, and postoperative examination & care. Since LASIK is considered an elective procedure, insurance plans typically do not cover it, leading to higher out-of-pocket expenses for patients. PRK is another popular surgical option for correcting myopia and presbyopia. However, its high cost, which varies from USD 1,800 to USD 4,000, remains a significant hurdle. The cost quoted by different ophthalmology centers usually includes the procedure fees, facility fees, and preoperative and follow-up fees. Like LASIK, PRK is an elective surgery and is generally not covered by insurance. However, some insurance companies may cover the initial examinations and scans conducted for PRK.

What Does This Report Include?

This section will provide insights into the contents included in this myopia and presbyopia treatment market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Myopia and presbyopia treatment market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments