The Myopia Treatment Devices Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Myopia Treatment Devices Market?
The market for myopia treatment devices has shown robust growth lately. The market value is expected to increase from $6.88 billion in 2024 to $7.53 billion in 2025, with a compound annual growth rate (CAGR) of 9.5%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Myopia Treatment Devices Industry?
The Myopia Treatment Devices Global Market is projected to grow to $10.70 billion by 2029 with a compound annual growth rate (CAGR) of 9.2%.
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What are the Key Growth Drivers Fueling the Myopia Treatment Devices Market?
The key drivers in the myopia treatment devices market are:
•Expansion of telemedicine services
•Advancements in gene therapy and surgical techniques for myopia treatment
•Growth of global myopia control programs
•Integration of artificial intelligence in diagnostic procedures
Global Market Segmentation: Identifying Major Myopia Treatment Devices Industry Segments
The myopia treatment devices market covered in this report is segmented –
1) By Product Type: Eye Glasses, Contact Lenses, Ortho-K Lenses, Phakic Intraocular Lenses, Excimer Laser Refractive Surgery Devices
2) By Treatment: Corrective Lenses, Laser Eye Surgery, Lens Implant Surgery
3) By End-Use: Hospitals And Clinics, Ophthalmic Centers, Retail stores, Online Channels
Subsegments:
1) By Eye Glasses: Single Vision Glasses, Multifocal Glasses
2) By Contact Lenses: Soft Contact Lenses, Rigid Gas Permeable (RGP) Contact Lenses, Hybrid Contact Lenses
3) By Ortho-K Lenses: Overnight Ortho-K Lenses, Daytime Ortho-K Lenses
4) By Phakic Intraocular Lenses: Anterior Chamber Phakic IOLs, Posterior Chamber Phakic IOLs
5) By Excimer Laser Refractive Surgery Devices: LASIK (Laser-Assisted in Situ Keratomileusis) Devices, PRK (Photorefractive Keratectomy) Devices, SMILE (Small Incision Lenticule Extraction) Devices
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What are the emerging Trends Shaping the Future of the Myopia Treatment Devices Market?
The key trends in the myopia treatment devices market are:
•The market is expected to see a shift towards more advanced surgical techniques for myopia treatment.
•The integration of artificial intelligence into diagnostic processes is shaping the future of the field.
•There is an emerging trend in the development of digital solutions for eye strain, an issue closely linked to myopia.
•Innovations in the design and effectiveness of contact lenses and increased usage of biosensors for eye health are other significant trends.
Who Are the Top Competitors & Leading Players in the Myopia Treatment Devices Market?
Major players in the myopia treatment devices market are:
• EssilorLuxottica S.A.
• Carl Zeiss Meditec AG
• Alcon Inc.
• Hoya Corporation
• Bausch & Lomb Incorporated
• CooperVision Inc.
• Johnson & Johnson Vision Care Inc.
• Topcon Corporation
• Menicon Co. Ltd.
• STAAR Surgical Company
• Paragon Vision Sciences Inc.
• Ziemer Ophthalmic Systems AG
• Euclid Systems Corporation
• Art Optical Contact Lens Inc.
• Schwind Eye Tech Solutions GmbH
• Kubota Pharmaceutical Holdings Co Ltd.
• Visioneering Technologies Inc.
• Eyerising International
• Nidek Co Ltd.
• Falco Linsen AG
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the myopia treatment devices market in 2024
