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ORTHOKERATOLOGY MARKET REPORT OVERVIEW
The Orthokeratology Market Size was Valued at US$ 233.75 Million in 2023. The Market is likely to Surpass US$ 1246.1 Million by 2032 at a CAGR of 18.22% During the Forecast period [2024-2032].
Orthokeratology or ortho-k for short is a progressive procedure that is an alternative to regular keratometric processes. This non-surgical process involves the application of specially designed contact lenses that facilitate oxygen to penetrate them while worn at night to adjust the corneal shape. Through the active alteration of the morphology of the center of the cornea, these lenses correct myopia by altering light images on the retina and one cannot use glasses or normal contact lenses during the day. The process begins with the eye check that uses Corneal Topographer and this contains further details of the corneal surface which is so essential while fitting the lenses based on the shape and size of the eyeball of the patient. Myopia is the primary condition treated by Ortho-k, but the correction can also address hyperopia and astigmatism.
Ortho-k is widely embraced by those people who would drive simply to reduce the extent to which they would require glasses or contact lenses for certain tasks. The ortho-k results are only short-term, if the contact lenses are not worn consistently then the cornea regains its normal shape and vision goes back to its initial state. The fact that ortho-k is worn only at night and not during the day is advantageous and the fact it is reversible makes it preferred especially for sports people and kids. Other research also shows that the orthokeratology control may effectively reduce axial elongation in children. These lenses are relatively safe if used properly and candidates should have an eye test to prove that they are fit to use these lenses as some eye problems bar one from using the lenses. Therefore, ortho-K is among the safest options implemented and can be effective in managing myopia prognosis in younger patients.
COVID-19 Impact: Initial phase of the pandemic led to temporary disruptions in manufacturing and supply chains affecting the market
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
The emergence of the pandemic initially disrupted the orthokeratology market in the first stage where the main disruptions were observed in manufacturing and supplies. The lack of workforce due to short working weeks total factory closures and the stringent COVID-19 restrictions on social contact and movement all have resulted in a slowdown of the production and delivery of ortho-k lenses. Such disruptions led to supply chain challenges, as practitioners and patients depending on these particular types of lenses to correct their vision were left without appropriate supplies. Moreover, other supply issues that affected the business were arising from operational constraints such as transportation and movement restrictions across borders. However, the market had to downscale operations after some effects of the virus as follows.
LATEST TRENDS
"With the increasing understanding of myopia progression the market is gaining popularity "
With the progress in understanding myopia progression, Orthokeratology or Ortho-K has emerged as a popular method of myopia control. There is evidence that Ortho-K lenses preserve the eyesight angle in children and teenagers and, thus, the focus is shifting more towards the usage of these lenses as a preventive measure. Besides the simple correction of refractive errors currently present in the eye, Ortho-K also has a therapeutic effect in that it influences the growth and development of the eyes to prevent the progression of higher degrees of myopia and related pathologic changes in future. Myopic control is therefore appealing to parents and eye care professionals as a preventive healthcare model. Thus, Ortho-K is considered one of the options, which can be effective in managing myopia progression in younger patient groups.
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ORTHOKERATOLOGY MARKET SEGMENTATION
By Type
Based on type the global market can be categorized into Natural Materials, Glass Material and Plastic Materials.
- Natural Materials: Orthokeratology lenses have replaced traditional materials used in contact lenses due to the biocompatibility of the organic base that reduces the chances of irritation for the eyes. These materials enhance oxygen diffusion, which is very important for corneal health during overnight use and target customers with an environmentally friendly attitude. With consumers’ awareness of sustainable materials growing, recycled materials are incorporated into the lenses, which is compatible with the need for efficient green glasses.
- Glass Material: Glass materials possess good optical properties and mechanical strength, yet they are not commonly used in orthokeratology due to their mass and stiffness, making patients uncomfortable during overnight use. Therefore, modern orthokeratology lenses employ the use of lighter and malleable materials. Nonetheless, glass could continue to be properly used in specific therapeutic applications or mixed with additional materials, such advancements could enhance its comfort and practicality.
- Plastic Materials: Regarding the material, plastics take a significant share of orthokeratology lenses, as they are comfortable, lightweight and flexible, and are characterized by high oxy permeability, which is essential for overnight wear and corneal health preservation. These lenses are made from high-quality polymers and have a good facilitation for the customization of lenses for individual use. Research and development in plastic technology advanced the lens design, consequently expanding the market and improving customer satisfaction and functionality.
By Downstream Industry
Based on downstream industry the global market can be categorized into Corrective Lenses, Therapeutic Lenses, Cosmetic Lenses and Lifestyle-Oriented Lenses.
- Corrective Lenses: Contact lenses correct myopia, hyperopia and astigmatism allowing the patient to have vision without needing daytime glasses. They are specially designed contact lenses used at night to alter the shape of the cornea for vision correction on a short-term basis during the day benefitting active wearer and parents interested in controlling myopia progression in children. This research explores factors influencing corrective lens demand, with increasing vision problems and new technologies leading to enhanced comfort, effectiveness and acceptance in the category.
- Therapeutic Lenses: Therapeutic ortho-k lenses correct vision for patients with conditions such as Keratoconus and post-surgical patients with variations in corneal shape as well as help the cornea heal from the irregularities. Advancements in eye health and specially designed treatments create a need for this kind of lens. Advanced technology in material developments and designs thus improves its therapeutic benefits, ortho-k lenses are therefore an integral part of contemporary eye care therapy systems.
- Cosmetic Lenses: Cosmetic ortho-k lenses enhance eye aesthetics while correcting vision, available in various colours and designs. They appeal to consumers seeking improved appearance without sacrificing comfort or functionality. The trend towards cosmetic enhancements drives interest in coloured ortho-k lenses, especially among younger people. Marketing emphasizing both cosmetic and corrective benefits will probably boost sales in this growing segment.
- Lifestyle-Oriented Lenses: Lifestyle-oriented lenses cater to specific activities such as sports and professional environments, offering optimal comfort and performance. Orthokeratology lenses are ideal for active individuals, allowing freedom from glasses or daytime contact. Growing demand for such lenses aligns with increased sports participation and outdoor activities. Innovations enhancing durability, flexibility and comfort drive growth in this segment, making ortho-k popular for active lifestyles.
DRIVING FACTORS
"Convenience of seeking glasses-free vision among active individuals to boost the market "
A significant advantage of Orthokeratology (Ortho-K) is a high level of comfort and convenience as their wearers do not have to use their glasses or contact lenses during the day. This aspect is highly appreciated by athletes, businesspersons and anyone leading an active lifestyle, as prescription glasses are inconvenient during sports and important meetings. In wearing Ortho-K lenses at night, the users are free from blurring or foggy vision during the day’s activities thus, the outcomes are optimal both in performance and in perceived comfort. This non-surgical vision correction method would also appeal to parents as it allows children to control myopia. The factors that contribute to the increases in demand for the global orthokeratology market growth include convenience, lifestyle compatibility and needs such as myopia control that indicate the growth of the market as many clients are opting for more acceptable solutions than conventional eyewear.
"Non-surgical treatment options to the various invasive procedures aiming to increase the size of the market"
Orthokeratology or Ortho K is an effective technique that is a better solution for people who are otherwise considering going for surgery such as Lasik surgery. However, Ortho-K does not work through surgery such as LASIK, where the corneal tissue is adjusted and the changes are irreversible, but rather utilizes specially designed rigid gas-permeable contact lenses worn at night to flatten or steepen the cornea for correction of vision without the removal of corneal tissue. This method can avoid the risks of infections, dry eyes and other complications associated with the surgical process. Further, due to the reversibility of Ortho-K treatment, in case these lenses are not worn, the cornea deforms over time and vision reverts to the original state, which it was before the treatment. Due to this flexibility and safety, many opt for Ortho-K as an effective means of vision correction without the stone and risks inherent in surgeries.
RESTRAINING FACTORS
"Limited availability of skilled practitioners hinders the market growth"
A perfectly suitable Ortho-K protocol demands specific knowledge since Ortho-K lens fitting and management are delicate tasks to prevent complications. However, Ortho-K is not widely practised due to a lack of qualified professionals who will administer the technique in various parts of the world. A major issue arising from these findings is the lack of sufficient trained eye care professionals who can administer Ortho-K treatment as a viable method of vision correction. Some of these patients may be forced to take a long time before they can see a qualified ophthalmologist, or even when they do, they may be forced to opt for other treatments than Ortho-K since they are far away or cannot afford to go through the procedure due to financial constraints. The lack of a large number of qualified specialists who could wear contact lenses and use Ortho-K is the main challenge. Implementing training programs and professional development for graduates will help to address this issue and promote Ortho-K further.
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ORTHOKERATOLOGY MARKET REGIONAL INSIGHTS
The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.
"North America has witnessed substantial growth in the market due to high awareness and advanced healthcare infrastructure"
North America has become a major consumer region in the global orthokeratology market share due to the increased level of awareness and enhanced healthcare facilities. The increased acceptance of Ortho-K in the region can be attributed to the highly educated populace enlightened about myopia management and the various vision correction solutions available. The development of hospitals and healthcare organizations and improved access to better technology make it possible to find well-trained specialists and proper Ortho-K lenses. Furthermore, the active role of healthcare professionals in implementing new therapies and techniques, along with the focus on prevention in ophthalmology, has also contributed to market expansion. These factors collectively make North America one of the most prominent regions to embrace Ortho-K as one of the popular procedures among patients and clients for vision correction without surgery but as part of the total eye care management plan.
KEY INDUSTRY PLAYERS
"Key industry players are introducing advanced lens designs for market expansion"
The key industry players in the Ortho-K market are constantly developing and implementing new and improved Ortho-K lenses such as the wavefront-guided Ortho-K lenses. These sophisticated lenses include visual enhancement that is specific to the individual qualities of one’s eyes which includes correcting individual wavefronts reflecting specific refractive errors or irregularities of the cornea. The ability to address each patient individually provides a higher visual benefit, as well as the success and comfort of Ortho-K treatment. The functionality, clarity and improvement in overall vision provided by these new lenses are making the advanced lenses more commonly used in the market by patients and eye care specialists. These innovations are thereby raising the bar in this field, offering higher vision correction solutions which address the various needs of Ortho-K wearers, and giving orthokeratology and the key industry players the impetus to develop and thrive further.
LIST OF MARKET PLAYERS PROFILED
- Euclid Systems Corporation (U.S.)
- Precision Technology Services (Canada)
- iGO Optical (Canada)
- Conant (China)
- MingYue (China)
- Global OK-Vision or GOV (China)
- WanXin (China)
- HongChen (China)
- LUCID (Taiwan)
- HOYA (Japan)
- Nikon (Japan)
- Chemi (South Korea)
- ZEISS (Germany)
- Rodenstock (Germany)
- Essilor (France)
INDUSTRIAL DEVELOPMENT
March 2024: At Vision Expo East 2024, Dr Brianna Rhue presented ""Cutting Out Surgery for the Management of Refractive Error,"" highlighting the benefits of orthokeratology (Ortho-K). Ortho-K can be a good option to wear contact lenses since Ortho-K is another way to correct vision without surgery applied to the eyes meant for both children and adults. It addresses myopia, is FDA-approved and involves overnight lenses that reshape the cornea, providing clear vision and slowing myopia progression.
REPORT COVERAGE
The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.
The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 233.75 Million in 2023 |
Market Size Value By |
US$ 1246.1 Million by 2032 |
Growth Rate |
CAGR of 18.22% from 2023 to 2032 |
Forecast Period |
2032 |
Base Year |
2023 |
Historical Data Available |
2019-2022 |
Regional Scope |
Global |
Segments Covered |
Type and Application |
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What value is the orthokeratology market expected to touch by 2032?
The global orthokeratology market is expected to reach USD 1246.10 million by 2032.
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What CAGR is the orthokeratology market expected to exhibit by 2032?
The orthokeratology market is expected to exhibit a CAGR of 18.22% by 2032.
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Which are the driving factors of the orthokeratology market?
Convenience of seeking glasses-free vision among active individuals, and non-surgical treatment options to the various invasive procedures are some of the driving factors of the market.
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What are the key orthokeratology market segments?
The key market segmentation that you should be aware of, which include, Based on type the orthokeratology market is classified as Natural Materials, Glass Material and Plastic Materials. Based on downstream industry the orthokeratology market is classified as Corrective Lenses, Therapeutic Lenses, Cosmetic Lenses and Lifestyle-Oriented Lenses.