Myopia Control Lenses Market Size is valued at USD 1.54 Bn in 2024 and is predicted to reach USD 6.86 Bn by the year 2034 at a 16.2% CAGR during the forecast period of 2025-2034.
Myopia control lenses refer to corrective lenses worn by nearsighted people of any age. They work by reshaping the cornea or redirecting light to reduce excessive eye growth. These lenses are most effective when started at a young age and require regular monitoring by an eye care professional. Daily disposable lenses make it easy and safe for even the smallest children to wear glasses. These lenses enable myopic defocus, altering how the eye focuses light resulting in more efficient methods of correcting and managing myopia.
Myopia control is increasingly being prioritized by governments, healthcare providers, and academic institutions. Because of this understanding, initiatives have been launched to increase the uptake of myopia control lenses as part of overall myopia management initiatives. The adoption of these lenses and the market expansion are the result of collaborative efforts among eye care providers, researchers, and legislators. Since the market for corrective lenses for nearsightedness is expected to grow, companies in the eyewear industry are devoting resources to R&D to develop new and improved myopia control lens solutions.
Care for myopia is increasingly being approached individually, with doctors considering a patient's unique eye anatomy, way of life, and visual requirements. Lens makers are reacting to this trend by creating products that may be customized to the needs of individual customers. It drives expansion globally and is expected to boost market expansion in the coming years.
The Myopia control lenses market is segmented based on lens type, age group, and distribution channel. As per the lens type, the market is segmented into multifocal lenses, orthokeratology lenses, dual-focus lenses, and peripheral defocus lenses. By age group, the market is segmented into children and adults. According to the distribution channel segment, the market is divided into optometry clinics, optical retail stores, and online retail.
The multifocal lenses myopia control lenses category is expected to hold a major share of the global market in 2024. It is attributed to multifocal lenses because you can see clearly at all ranges of distances. People who once required corrective lenses often no longer do so after undergoing cataract surgery due to using multifocal lenses. They can see far away without corrective lenses and efficiently use a computer.
The adult segment is projected to grow rapidly in the global myopia control lenses market. The average adult now spends at least 8.5 hours per day staring at a screen, putting undue strain on their eyes' focusing muscles. It can cause myopia to worsen and also causes headaches and eye strain and the need for myopia control lens treatment, especially in countries such as the US, Germany, the UK, China, and India.
The North American myopia control lenses market is expected to record the maximum market share in revenue in the near future. It can be attributed to the rising elderly population, expanding medical tourism industry, and rising incidence of eye illnesses. In addition, the presence of key market competitors and improvements in lens technology fuel expansion in the region's industries. In addition, Asia Pacific is estimated to grow rapidly in the global myopia control lenses market because of the proliferation of public education initiatives, low-cost generic alternatives, bettering healthcare facilities and growing financial support from the business and medical communities.
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Report Attribute |
Specifications |
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Market Size Value In 2024 |
USD 1.54 Bn |
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Revenue Forecast In 2034 |
USD 6.86 Bn |
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Growth Rate CAGR |
CAGR of 16.2% from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Bn, volume (units) and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Lens Type, Age Group, Distribution Chanel |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; Japan; Brazil; Mexico; The UK; France; Italy; Spain; India; South Korea; South East Asia |
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Competitive Landscape |
Essilor International, Johnson & Johnson Vision, CooperVision, Hoya Corporation, Zeiss Group, Bausch + Lomb, Menicon Co., Ltd., SEED Co., Ltd., Alcon (Novartis), Visioneering Technologies Inc., Paragon Vision Sciences, Euclid Systems Corporation, Art Optical Contact Lens Inc., SynergEyes Inc., and Nevakar Inc. Fielmann AG, Rodenstock |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Myopia Control Lenses Market Snapshot
Chapter 4. Global Myopia Control Lenses Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Lens Type Estimates & Trend Analysis
5.1. By Lens Type, & Market Share, 2024 & 2034
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Lens Type:
5.2.1. Multifocal Lenses
5.2.2. Orthokeratology Lenses
5.2.3. Dual-Focus Lenses
5.2.4. Peripheral Defocus Lenses
Chapter 6. Market Segmentation 2: By Age Group Estimates & Trend Analysis
6.1. By Age Group & Market Share, 2024 & 2034
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Age Group:
6.2.1. Children
6.2.2. Adults
Chapter 7. Market Segmentation 3: By Distribution Channel Estimates & Trend Analysis
7.1. By Distribution Channel & Market Share, 2024 & 2034
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Distribution Channel:
7.2.1. Optometry Clinics
7.2.2. Optical Retail Stores
7.2.3. Online Retail
Chapter 8. Myopia Control Lenses Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts By Lens Type, 2021-2034
8.1.2. North America Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts By Age Group, 2021-2034
8.1.3. North America Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts By Distribution Channel, 2021-2034
8.1.4. North America Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts by country, 2021-2034
8.2. Europe
8.2.1. Europe Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts By Lens Type, 2021-2034
8.2.2. Europe Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts By Age Group, 2021-2034
8.2.3. Europe Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts By Distribution Channel, 2021-2034
8.2.4. Europe Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts by country, 2021-2034
8.3. Asia Pacific
8.3.1. Asia Pacific Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts By Lens Type, 2021-2034
8.3.2. Asia Pacific Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts By Age Group, 2021-2034
8.3.3. Asia Pacific Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts By Distribution Channel, 2021-2034
8.3.4. Asia Pacific Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts by country, 2021-2034
8.4. Latin America
8.4.1. Latin America Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts By Lens Type, 2021-2034
8.4.2. Latin America Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts By Age Group, 2021-2034
8.4.3. Latin America Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts By Distribution Channel, 2021-2034
8.4.4. Latin America Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts by country, 2021-2034
8.5. Middle East & Africa
8.5.1. Middle East & Africa Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts By Lens Type, 2021-2034
8.5.2. Middle East & Africa Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts By Age Group, 2021-2034
8.5.3. Middle East & Africa Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts By Distribution Channel, 2021-2034
8.5.4. Middle East & Africa Myopia Control Lenses Market revenue (US$ Million) estimates and forecasts by country, 2021-2034
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. Essilor International
9.2.2. Johnson & Johnson Vision
9.2.3. CooperVision
9.2.4. Hoya Corporation
9.2.5. Zeiss Group
9.2.6. Bausch + Lomb
9.2.7. Menicon Co.,Ltd.
9.2.8. SEED Co. Ltd.
9.2.9. Alcon (Novartis)
9.2.10. Visioneering Technologies Inc.
9.2.11. Paragon Vision Sciences
9.2.12. Euclid Systems Corporatio
9.2.13. Art Optical Contact Lens Inc.
9.2.14. SynergEyes Inc.
9.2.15. Nevakar Inc.
Myopia Control Lenses Market By Lens Type-
Myopia Control Lenses Market By Age Group-
Myopia Control Lenses Market By Distribution Channel-
Myopia Control Lenses Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
