Global Scleral Lens Market Size, Share, Growth Analysis, By Type(Mini-Scleral Lenses, Large-Scleral Lenses), By Application(Hospital, Eye Clinic) - Industry Forecast 2024-2031

Global Scleral Lens Market size was valued at USD 295.3 million in 2022 and is poised to grow from USD 347.57 million in 2023 to USD 1280.12 million by 2031, growing at a CAGR of 17.7% during the forecast period (2024-2031).

The increasing prevalence of different eye disorders, improvements in lens technology, and rising consumer knowledge of the advantages of scleral lenses have all contributed to the significant growth the worldwide scleral lens market has seen in recent years. Scleral lenses are customized contact lenses that cover more of the surface of the eye. They are beneficial for people with uneven corneas or complex vision problems. A major factor propelling the market's expansion is the increasing prevalence of ailments such as keratoconus, astigmatism, and dry eye syndrome. For those who might not be able to obtain the best possible vision correction with conventional contact lenses or spectacles, scleral lenses offer useful alternatives. Scleral lenses are among the advanced vision correction alternatives that are in high demand because to the aging population and the rise in conditions like presbyopia that go along with it. More comfortable and adaptable scleral lenses have been created as a result of developments in material science and manufacturing processes. By addressing issues with comfort, insertion simplicity, and general wearability, these advancements have increased its attractiveness to a wider spectrum of patients. Furthermore, scleral lenses' growing popularity can be attributed to patients' and eye care professionals' greater understanding of their advantages. With their increased comfort, decreased dryness, and greater visual acuity, these lenses increase patient satisfaction. The increasing availability of these lenses through an expanding network of eye care providers and distribution channels has also contributed to the market's growth. Widespread adoption is still hampered by cost considerations and the requirement for expert fitting by knowledgeable practitioners.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Scleral Lens Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Scleral Lens Market Segmental Analysis

Region, Type, and Application are the three main segments of the worldwide scleral lens market. The Mini-Scleral Lenses and Large-Scleral Lenses segments of the market are divided based on type. The market is divided into Hospital, Eye Clinic, and Others segments based on Application. The market is divided into Latin America, Middle East and Africa, Asia Pacific, North America, and Europe.

Drivers of the Global Scleral Lens Market

Vision can be severely impacted by eye disorders such as keratoconus, corneal abnormalities, dry eye syndrome, and difficulties following surgery. Scleral lenses are becoming more and more well-liked as a successful treatment for various ailments. The market is expected to expand as a result of growing demand for scleral lenses due to increased awareness of these disorders and the advantages they offer.

Restraints in the Global Scleral Lens Market

Because they require sophisticated materials and manufacturing techniques, scleral lenses can be costly. The cost is further increased by fitting and follow-up sessions with eye care specialists. Scleral lenses can be very expensive, which can be a big obstacle for those who don't have enough insurance or who live in places where access to specialized eye care is scarce.

Market Trends of the Global Scleral Lens Market

Specialty contact lenses called scleral lenses are distinguished by their bigger diameter and capacity to vault over the cornea and rest on the sclera, which is the white portion of the eye. Because of how well these lenses work to treat a variety of eye problems, including severe dry eye, uneven corneas, and keratoconus, they have become more and more popular. Because of these lenses' distinctive advantages and the rise in conditions requiring specialized contact lens solutions, there was a growing market demand for these lenses.