Orthokeratology Market: LASIK Surgery Limitations Pave Way for Orthokeratology Adoption: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 - 2028
- Healthcare, Pharmaceuticals and Medical devices
- No. of Pages: 194
- Published: 2018-05-31
- Report Code: REP-GB-3142
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Format:
An Incisive, In-depth Analysis on the Orthokeratology Market
This study offers a comprehensive, 360 degree analysis on the Orthokeratology market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Orthokeratology market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Orthokeratology (Ortho-K), an emerging treatment option for myopia, presbyopia, hyperopia, and astigmatism, is non-invasive and works on the principle of corneal replacement. Currently, the market has two FDA approved Ortho-K therapies, viz. Corneal Refractive Therapy (CRT) and VisionShaping Treatment (VST). Patients undergoing this treatment are advised to wear the Ortho-K lenses for 6-8 hours at night while sleeping, which reshape their cornea to deliver clear vision in the day time.
As projected by a recent research study conducted by Future Market Insights, the global orthokeratology market will possibly reach the revenue worth US$ 88.7 Mn by the end of 2028, witnessing robust expansion at 7.4% CAGR over 2018-2028.
Ortho-K May Gain Excellent Traction among Young Myopia Patients
The recent Sydney Myopia Study found that 31% of 17 year olds are myopic, which is double the prevalence reported earlier by the Blue Mountain Eye Study - more than a decade ago. Orthokeratology is considered to be an ideal treatment alternative for young aged patients, as they are not eligible for laser surgery such as LASIK. Bolstering prevalence of myopia is thus a predominant factor expected to drive the growth of the orthokeratology market over the forecast period. Moreover, several advantages of orthokeratology lenses over conventionally used contact lenses, especially for sportspersons will also be a key factor fuelling the market growth.
A few limitations of LASIK surgery are also identified to be responsible for robust growth of orthokeratology market, over the projection period. Additionally, the increasing online campaign is expected to increase awareness among people about the use of orthokeratology lenses for the treatment of myopia, eventually pushing the demand of orthokeratology lenses up in next few years.
Myopia Pegged to Continue its Lead through 2028
Based on indication, the global orthokeratology market has been segmented into myopia, hyperopia, astigmatism, and presbyopia. Among these, myopia accounted for more than 72% value share to the total market revenue in 2017, which has been attributed to high prevalence of myopia in Asian countries, including South Korea, Taiwan, Singapore, China, and Japan.
North America Slated for Continued Dominance over Other Regions
Among the key distribution channels, including hospitals, optometry clinics, and ophthalmic clinics, Future Market Insights predicts the dominance of the optometry clinics segment through 2028. Regionally, the global market for orthokeratology has been segmented into eight major regions, i.e. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding China and Japan (APECJ), China, Japan, and Middle East & Africa (MEA). While sharp increase in the prevalence of myopia and presbyopia will continue to enable North America’s market to dominate globally, Western European region is likely to represent the second largest market, followed by APECJ.
Market Leaders Target China & Japan for Expansion
As China and Japan have been identified to hold lucrative opportunities through the assessment period, the manufacturers leading the global market for orthokeratology will reportedly focus on expansion within Chinese and Japanese markets. Collaborations and acquisitions will remain on the bandwagon, for a majority of key players operating competitive market landscape.
This Future Market Insights (FMI) report examines the ‘Global OrthokeratologyMarket for the period 2013–2028. The primary objective of the report is to offer updates and information related to market opportunities in the Global Orthokeratology Market.
The Orthokeratology Market segmented as follows:
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OrthokeratologyMarket, by Indication
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OrthokeratologyMarket, by Distribution Channel
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OrthokeratologyMarket, by Region
This report covers the global Orthokeratologymarket performance in terms of revenue contribution from various segments. The Global Orthokeratologymarket report begins with an overview of the Global Orthokeratologyand its definitions. Market viewpoints section underlines macro-economic factors influencing growth of the Global Orthokeratologymarket along with detailing opportunity analysis of market. This is then followed by key market drivers, restraints and trends. The global orthokeratologymarket is segmented based on indication, distribution channel and region. Based on indication, the global Orthokeratology market has been segmented into myopia, hyperopia, astigmatism and presbyopia.
A detailed analysis has been provided for each region in terms of market size, Y-o-Y growth rate, absolute $ opportunity, market attractive index. The forecast of Orthokeratology for by country, indication, distribution channel are represented in tabular form for each region. This section will provide client to understand the opportunity of Orthokeratology market in major countries by each segment.
In the next section of the report, the ‘Competitive Landscape’ is included to provide report audiences with a dashboard view and to access the key differentiators among the competitor firms. This section is primarily designed to provide clients with an objective and detailed comparative assessment of product offerings and strategies of key providers specific to a market segments. Detailed profiles of players in Orthokeratology market are also provided in the report which highlights company description, product/segment overview, SWOT analysis, financial information, key developments related to market and strategic overview.
The next section of the report highlights market outlook for 2018–2028 and sets the forecast within the context of the Orthokeratology market by region. Key regions assessed in this report include North America, Latin America, Western Europe, Eastern Europe, APECJ, China, Japan and MEA. A detailed analysis has been provided for each region in terms of market size, Y-o-Y growth rate, absolute $ opportunity, market attractive index.
The above sections – by indication, distribution channel – evaluate the historic market analysis and growth prospects of the Orthokeratology market for the period 2018-2028. We have considered 2017 as the base year and provided data for the forecast period. The final section of report representing the global scenario Orthokeratology market along with Y-o-Y growth and market forecast till 2028. This section also evaluate the global market opportunity over the forecast period and also the absolute dollar opportunity for each year. This section will help client to understand the overall market growth of Orthokeratology market and the opportunity analysis for every year over the forecast period.
To arrive at the market size, we considered parent market statistics i.e. contact lenses market in each region and share of Orthokeratology market. Bottom up approach was used to validate the total market size obtained. The forecast presented in the report provides total revenue of Orthokeratology market over 2018–2028. While forecasting the market size we considered impact of several factors such product approvals Orthokeratology, product approvals, penetration of products in different distribution channel, generic penetration across all regions etc. However, quantifyingthe market across the aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed. In addition, we have taken into consideration the year-on-year growth to understand the predictability of the market and to identify the right growth opportunities in the global market.
Orthokeratology Market Reports - Table of Contents
5. Macroeconomic Assumptions
6. Forecast Factors – Relevance and Impact
21. Assumptions and Acronyms Used
22. Research Methodology
Orthokeratology Market Reports - List of Tables
Table 01: Expenditure on Health, (% of GDP), by Country, 2016 - 2021
Table 02: Expenditure on Health, (% of GDP), by Country, 2016 - 2021
Table 03: North America Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Country
Table 04: North America Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Indication
Table 05: North America Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Distribution Channel
Table 06: Latin America Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Country
Table 07: Latin America Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Indication
Table 08: Latin America Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Distribution Channel
Table 09: Western Europe Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Country
Table 10: Western Europe Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Indication
Table 11: Western Europe Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Distribution Channel
Table 12: Eastern Europe Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Country
Table 13: Eastern Europe Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Indication
Table 14: Eastern Europe Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Distribution Channel
Table 15: APECJ Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Country
Table 16: APECJ Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Indication
Table 17: APECJ Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Distribution Channel
Table 18: China Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Indication
Table 19: China Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Distribution Channel
Table 20: Japan Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Indication
Table 21: Japan Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Distribution Channel
Table 22: MEA Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Country
Table 23: MEA Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Indication
Table 24: MEA Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Distribution Channel
Table 25: Global Orthokeratology Market Value (US$ Mn) Analysis- and Opportunity Assessment 2015–2027, By Region
Table 26: Global Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Indication
Table 27: Global Orthokeratology Market Value (US$ Mn) Analysis 2013-2017 and Forecast 2018–2028, By Distribution Channel
Orthokeratology Market Reports - List of Figures
Figure 01: Global Healthcare Expenditure in US$ Tn (2013–2020)
Figure 02: Global Prevalence of Myopia (2010-2050)
Figure 03: North America Orthokeratology Market Share Analysis (%), By Indication, 2018 & 2028
Figure 04: North America Orthokeratology Market Share Analysis (%), By Distribution Channel, 2018 & 2028
Figure 05: North America Orthokeratology Market Share Analysis (%), By Country, 2018 & 2028
Figure 06: North America Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 07: North America Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 08: U.S. Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 09: U.S. Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 10: Canada Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 11: Canada Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 12: North America Orthokeratology Market Attractiveness Analysis by Indication, 2018-2028
Figure 13: North America Orthokeratology Market Attractiveness Analysis by Distribution Channel, 2018-2028
Figure 14: North America Orthokeratology Market Attractiveness Analysis by Country, 2018-2028
Figure 15: Latin America Orthokeratology Market Share Analysis (%), By Indication, 2018 & 2028
Figure 16: Latin America Orthokeratology Market Share Analysis (%), By Distribution Channel, 2018 & 2028
Figure 17: Latin America Orthokeratology Market Share Analysis (%), By Country, 2018 & 2028
Figure 18: Latin America Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 19: Latin America Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 20: Brazil Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 21: Brazil Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 22: Mexico Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 23: Mexico Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 24: Rest of Latin America Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 25: Rest of Latin America Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 26: Latin America Orthokeratology Market Attractiveness Analysis by Indication, 2018-2028
Figure 27: Latin America Orthokeratology Market Attractiveness Analysis by Distribution Channel, 2018-2028
Figure 28: Latin America Orthokeratology Market Attractiveness Analysis by Country, 2018-2028
Figure 29: Western Europe Orthokeratology Market Share Analysis (%), By Indication, 2018 & 2028
Figure 30: Western Europe Orthokeratology Market Share Analysis (%), By Distribution Channel, 2018 & 2028
Figure 31: Western Europe Orthokeratology Market Share Analysis (%), By Country, 2018 & 2028
Figure 32: Western Europe Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 33: Western Europe Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 34: U.K. Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 35: U.K. Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 36: Germany Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 37: Germany Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 38: France Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 39: France Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 40: Italy Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 41: Italy Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 42: Spain Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 43: Spain Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 44: Rest of Western Europe Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 45: Rest of Western Europe Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 46: Western Europe Orthokeratology Market Attractiveness Analysis by Indication, 2018-2028
Figure 47: Western Europe Orthokeratology Market Attractiveness Analysis by Distribution Channel, 2018-2028
Figure 48: Western Europe Orthokeratology Market Attractiveness Analysis by Country, 2018-2028
Figure 49: Eastern Europe Orthokeratology Market Share Analysis (%), By Indication, 2018 & 2028
Figure 50: Eastern Europe Orthokeratology Market Share Analysis (%), By Distribution Channel, 2018 & 2028
Figure 51: Eastern Europe Orthokeratology Market Share Analysis (%), By Country, 2018 & 2028
Figure 52: Eastern Europe Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 53: Eastern Europe Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 54: Russia Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 55: Russia Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 56: Poland Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 57: Poland Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 58: Rest of Eastern Europe Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 59: Rest of Eastern Europe Orthokeratology Market Forecast Analysis (US$ Mn), 2018-2028
Figure 60: Eastern Europe Orthokeratology Market Attractiveness Analysis by Indication, 2018-2028
Figure 61: Eastern Europe Orthokeratology Market Attractiveness Analysis by Distribution Channel, 2018-2028
Figure 62: Eastern Europe Orthokeratology Market Attractiveness Analysis by Country, 2018-2028
Figure 63: APECJ Orthokeratology Market Share Analysis (%), By Indication, 2018 & 2028
Figure 64: APECJ Orthokeratology Market Share Analysis (%), By Distribution Channel, 2018 & 2028
Figure 65: APECJ Orthokeratology Market Share Analysis (%), By Country, 2018 & 2028
Figure 66: APECJ Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 67: APECJ Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 68: India Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 69: India Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 70: Australia & NZ Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 71: Australia & NZ Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 72: ASEAN Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 73: ASEAN Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 74: Rest of APECJ Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 75: Rest of APECJ Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 76: APECJ Orthokeratology Market Attractiveness Analysis by Indication, 2018-2028
Figure 77: APECJ Orthokeratology Market Attractiveness Analysis by Distribution Channel, 2018-2028
Figure 78: APECJ Orthokeratology Market Attractiveness Analysis by Country, 2018-2028
Figure 79: China Orthokeratology Market Share Analysis (%), By Indication, 2018 & 2028
Figure 80: China Orthokeratology Market Share Analysis (%), By Distribution Channel, 2018 & 2028
Figure 81: China Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 82: China Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 83: China Orthokeratology Market Attractiveness Analysis by Indication, 2018-2028
Figure 84: China Orthokeratology Market Attractiveness Analysis by Distribution Channel, 2018-2028
Figure 85: Japan Orthokeratology Market Share Analysis (%), By Indication, 2018 & 2028
Figure 86: Japan Orthokeratology Market Share Analysis (%), By Distribution Channel, 2018 & 2028
Figure 87: Japan Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 88: Japan Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 89: Japan Orthokeratology Market Attractiveness Analysis by Indication, 2018-2028
Figure 90: Japan Orthokeratology Market Attractiveness Analysis by Distribution Channel, 2018-2028
Figure 91: MEA Orthokeratology Market Share Analysis (%), By Indication, 2018 & 2028
Figure 92: MEA Orthokeratology Market Share Analysis (%), By Distribution Channel, 2018 & 2028
Figure 93: MEA Orthokeratology Market Share Analysis (%), By Country, 2018 & 2028
Figure 94: MEA Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 95: MEA Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 96: South Africa Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 97: South Africa Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 98: GCC Countries Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 99: GCC Countries Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 100: Rest of MEA Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 101: Rest of MEA Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 102: MEA Orthokeratology Market Attractiveness Analysis by Indication, 2018-2028
Figure 103: MEA Orthokeratology Market Attractiveness Analysis by Distribution Channel, 2018-2028
Figure 104: MEA Orthokeratology Market Attractiveness Analysis by Country, 2018-2028
Figure 105: Global Orthokeratology Market: Company Share Analysis (2017)
Figure 106: Global Orthokeratology Market Share Analysis (%), By Region, 2018 & 2028
Figure 107: Global Orthokeratology Market Y-o-Y Analysis (%), By Region, 2018-2028
Figure 108: Global Orthokeratology Market Attractiveness Analysis by Region, 2018-2028
Figure 109: Global Orthokeratology Market Share Analysis (%), By Indication, 2018 & 2028
Figure 110: Global Orthokeratology Market Y-o-Y Analysis (%), By Indication, 2018-2028
Figure 111: Global Orthokeratology Market Value Analysis (US$ Mn), by Myopia, 2013-2017
Figure 112: Global Orthokeratology Market Value Analysis (US$ Mn), by Myopia, 2018-2028
Figure 113: Global Orthokeratology Market Value Analysis (US$ Mn), by Presbyopia, 2013-2017
Figure 114: Global Orthokeratology Market Value Analysis (US$ Mn), by Presbyopia, 2018-2028
Figure 115: Global Orthokeratology Market Value Analysis (US$ Mn), by Hyperopia, 2013-2017
Figure 116: Global Orthokeratology Market Value Analysis (US$ Mn),by Hyperopia 2018-2028
Figure 117: Global Orthokeratology Market Value Analysis (US$ Mn), by Astigmatism, 2013-2017
Figure 118: Global Orthokeratology Market Value Analysis (US$ Mn), by Astigmatism, 2018-2028
Figure 119: Global Orthokeratology Market Attractiveness Analysis by Indication , 2018-2028
Figure 120: Global Orthokeratology Market Share Analysis (%), By Distribution Channel, 2018 & 2028
Figure 121: Global Orthokeratology Market Y-o-Y Analysis (%), By Distribution Channel, 2018-2028
Figure 122: Global Orthokeratology Market Value Analysis (US$ Mn, by Hospitals, 2013-2017
Figure 123: Global Orthokeratology Market Value Analysis (US$ Mn), by Hospitals, 2018-2028
Figure 124: Global Orthokeratology Market Value Analysis (US$ Mn), by Optometry Clinics, 2013-2017
Figure 125: Global Orthokeratology Market Value Analysis (US$ Mn), by Optometry Clinics, 2018-2028
Figure 126: Global Orthokeratology Market Value Analysis (US$ Mn), by Ophthalmic Clinics, 2013-2017
Figure 127: Global Orthokeratology Market Value Analysis (US$ Mn), by Ophthalmic Clinics, 2018-2028
Figure 128: Global Orthokeratology Market Attractiveness Analysis by Distribution Channel , 2018-2028
Figure 129: Global Orthokeratology Market Value Analysis (US$ Mn), 2013-2017
Figure 130: Global Orthokeratology Market Value Forecast (US$ Mn), 2018-2028
Figure 131: Global Orthokeratology Market Absolute $ Opportunity, 2018 - 2028
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