The Global OrthokeratologyMarket, by Lens Type (Fluorosilicone Acrylate, Silicone Acrylate,Balafilcon, and Oprifocon A), by Application (Myopia, Hyperopia, Presbyopia,and Astigmatism), by Distribution Channel (Hospitals, Optometry Clinics, andOphthalmology Clinics), and by Region (North America, Latin America, Europe,Asia Pacific, Middle East, and Africa) was valued at US$ 37.6 million in 2017,and is projected to exhibit a CAGR of 7.0% over the forecast period (2018 -2026).
Orthokeratology improves blurryvision without need of glasses, contact lenses, and corneal reshaping surgerysuch as photorefractive keratectomy (PRK) and laser-assisted in situkeratomileusis (LASIK). Moreover, it is cost-effective as compared to laser surgeries.Orthokeratology contact lenses are gaining significant traction with the methodof slowing the progression of myopia in children. It is an alternative methodto correct refractive errors using custom-designed rigid lenses, which modifythe curvature of cornea for short duration. In recent years, the most commonclinical application of ortho-k is for the reduction of myopia through cornealflattening. According to the Association of Optometrists, most orthokeratologylenses are suitable for myopes between -1.00 and -4.00 and Cylinder value(cyls) to 1.50 and 0.75.
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Latest available product inmarket can correct high levels of myopia, potentially up to -10.00, and cyls to2.50. In 2016, GP Specialists developed an advanced ortho-k lens iSee design shownto correct patients with high myopic powers. OrthoK in general is a safe optionfor myopia correction and retardation. However, the long-term success of thetreatment depends on a combination of multiple factors including proper fittingof the lenses, rigorous compliance to lens use and care regimen, adherence toroutine follow-ups, and timely and appropriate treatments to complications.
Browse 22 Market Data Tables and26 Figures spread through 154 Pages and in-depth TOC on "OrthokeratologyMarket, by Lens Type (Fluorosilicone Acrylate, Silicone Acrylate, Balafilcon,and Oprifocon A), by Application (Myopia, Hyperopia, Presbyopia, Astigmatism),by Distribution Channel (Hospitals, Optometry Clinics and OphthalmologyClinics), and by Region (North America, Latin America, Europe, Asia Pacific,Middle East, and Africa) - Global Forecast to 2026"
Manufacturers in orthokeratologymarket are majorly investing in development of progressive technologies andexpert resources. For instance, in 2018, Euclid Systems Corporation introducedEmeraldä163 Ortho-K contact lens, featuring a hyper Dk lens material withoutstanding oxygen transmissibility for optimal ocular health.
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Moreover, Paragon VisionSciences’ Corneal Refractive Therapy (Paragon Z CRT) launched in 2002, andBausch and Lomb’s Vision Shaping Treatment (VST) lenses launched in 2004, arethe two major products available in the market so far.
Key Takeaways of theOrthokeratology Market:
The global orthokeratology marketis expected to expand at a CAGR of 7.0% during the forecast period (2018–2026),owing to increasing cases of myopia worldwide.
Among region, the Asia Pacific isexpected witness growth at highest rate, owing to increasing prevalence ofmyopia in East Asian countries including China, Japan, and South Korea amongothers.
Major players operating in theglobal orthokeratology market include Autek China, Alpha Corporation, Bauschand Lomb Inc., Euclid Systems, E & E Optics, Essilor International S.A., GPSpecialists, Paragon Vision Sciences, Procornea, and Taiwan Macro VisionCorporation.
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