The Global Myopia Control Lenses Market Is Driven By Growing Prevalence Of Myopia

 

Market key trends:

 

Technological advancements have significantly boosted the adoption of myopia control lenses. Lens manufacturers are focusing on developing lenses that provide more effective myopia control treatment over a longer period of time. For instance, several new bifocal and multifocal lens designs incorporate concentric rings and other advanced optical designs that enhance peripheral hyperopic defocus, thus improving the reduction in eyeball elongation. Advanced materials such as silicone hydrogel are also being used to improve lens flexibility and comfort level for extended wear. Factors such as increasing demand for premium lens options and growing appreciation of the long term health benefits of myopia control are fueling technological innovation in this space. This has accelerated market growth over the recent past.

The global myopia control lenses market is dominated by multifocal soft contact lenses segment. It is estimated to account for around 60% of the total market share. These lenses have modified optics where the center is designed for distance vision and the periphery for near vision. This helps reduce eye strain caused from fluctuating between near and far focus. The design of these lenses helps slow down myopia progression in children.

 

Key Takeaways

The global Myopia Control Lenses Market Share  is expected to witness high growth over the forecast period. The market size in 2030 is projected to cross expanding at a CAGR of around 6.9% during 2023 to 2030.

 

Regional analysis: The Asia Pacific region currently dominates the global myopia control lenses market. The high prevalence of myopia, especially in countries like China, Japan, and South Korea, has been a major factor driving adoption. Growing awareness among parents regarding myopia management solutions is further expected to support market growth in the region over the next few years.