PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279779
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279779
Global Scleral Lens Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Scleral lenses are gas permeable lenses designed specifically for vision correction for those with Keratoconus and other corneal abnormalities. These lenses completely cover the corneal surface, giving them greater stability than typical gas permeable lenses. These lenses are widely used by people who have radial keratotomies, Stevens-Johnson Syndrome, Graft vs. Host Disease (GVHD), Sjogren's Syndrome, chemical or burn injuries, or who have had a radial keratotomy. The market is being driven by factors such as growing number of ophthalmic patients and increasing adoption of scleral lenses across the globe. However, availability of Alternative Techniques may hamper the market growth.
Scleral lenses are used to treat vision problems like presbyopia, hyperopia, astigmatism, uneven cornea, ocular surface disease, and myopia. Over the projection period, it is anticipated that the disease's rising prevalence would fuel the scleral lens market. According to the World Health Organization, East Asian nations including Singapore, South Korea, and Japan have the highest frequency of myopia. According to a 2019 article from the National Center for Biotechnology Information, by the year 2050, myopia and high myopia are anticipated to impact 4,949 million and 925 million individuals worldwide, respectively. The market for scleral lenses is anticipated to develop in the future due to the rising prevalence of myopia and rising spending on ophthalmic products like scleral lenses as a remedy for refractive problems. In addition, advancements in technology and rising prevelance of myopia disorder is creating lucrative growth to the market. However, the high cost of Scleral Lens stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Scleral Lens Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to rising prevelance of eye disorders, and eye related injury, and rising technological advancement. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, an increase in the number of collaborations for product development, geographic expansion of key players, and active participation of government and nonprofit organizations in the market space.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Typeofferings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable