Children Myopia Control Lens Market, Global Outlook and Forecast 2023-2029

Report ID: MMG316437 | Category: Consumer Goods | Pages: 76 | Format: PDF | Published Date: December 11,2023

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Report Summary

This research report provides a comprehensive analysis of the Children Myopia Control Lens market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Children Myopia Control Lens market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Children Myopia Control Lens, challenges faced by the industry, and potential opportunities for market players.
The global Children Myopia Control Lens market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Children Myopia Control Lens market presents opportunities for various stakeholders, including 6 to 12 Years Old, 12 to 18 Years Old. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Children Myopia Control Lens market. Additionally, the growing consumer demand present avenues for market expansion.
The global Children Myopia Control Lens market was valued at US$ 1020.6 million in 2022 and is projected to reach US$ 3175.3 million by 2029, at a CAGR of 17.7% during the forecast period.
The myopia control lens industry is continuously evolving to address the increasing prevalence of myopia and the growing demand for effective solutions. Several solutions and innovations are being developed and implemented to tackle the challenge of myopia progression.

Specialized Lens Designs: Manufacturers are developing specialized lens designs specifically tailored for myopia control. These lenses employ various optical techniques, such as multifocal optics, peripheral defocus management, and dual-focus designs, to reduce the progression of myopia. These innovative designs aim to optimize visual performance while simultaneously slowing down the elongation of the eye, which is the underlying cause of myopia.

Orthokeratology (Ortho-K): Orthokeratology is a non-surgical method of myopia control that involves wearing specially designed gas-permeable contact lenses overnight. These lenses reshape the cornea temporarily, providing clear vision during the day without the need for glasses or contact lenses. Ortho-K lenses are particularly popular among children and teenagers as they offer a convenient and reversible option for myopia management.

Soft contact lenses offer an alternative option to spectacles for correcting vision. They are made from a flexible clear oxygen permeable material and fit to closely align with the front surface of the eye. Not all of these myopia control soft contact lenses are available in all countries or eye care practices. A further consideration is local regulatory approvals - in the USA for example contact lenses are approved for use by the Federal Drugs and Administration (FDA). Myopia control contact lenses can be prescribed without FDA approval as 'off-label' use, but FDA approval provides assurance that a lens has been extensively tested and approved for safety and effectiveness. Currently the CooperVision MiSight 1 day lens is the only myopia control soft contact lens to have FDA approval.

According to the report, the global Myopia Control Lens market was 1.08 billion US$ in 2022 and is expected to 3.21 billion US$ by the end of 2029, growing at a CAGR of 16.75% between 2023 and 2029.

Asia-Pacific is the largest consumption region of Myopia Control Lens, with 87.67% global revenue market share in 2022. China is the country with the largest contribution in the Asia-Pacific region. In 2022, the revenue share of myopia control lenses accounted for 72.79% of the Asia-Pacific region.

Market competition is intense. ZEISS, HOYA Corporation, EssilorLuxottica, CooperVision, Ovctek, Alpha Corporation, EUCLID and Brighten Optix are the leaders of the industry, and hold key technologies and customers, have been formed in the monopoly position in the industry. However, with further expanding market, there will be more manufactures in the future. Of the major players in this market, HOYA hold the largest market share in 2022, followed by ZEISS, EssilorLuxottica and CooperVision. HOYA occupied 30.74% global revenue market share in 2022. ZEISS, EssilorLuxottica and CooperVision occupied 15.70%, 12.07% and 11.34%, respectively.

There are three type of Myopia Control Lens including Myopia Control Spectacle Lenses, Orthokeratology Lens and Soft Contact Lenses. In 2022, global revenue of Myopia Control Spectacle Lenses was valued at 684.34 Million US$, making up 63.24% market share, and is projected to increase at a GAGR of 18.49% during 2023 to 2029. Orthokeratology Lens and soft contact lenses were valued at 317.49 Million US$ and 80.23 Million US$ in 2022, respectively.
Key Features:
The research report on the Children Myopia Control Lens market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Children Myopia Control Lens market.
Market Overview: The report provides a comprehensive overview of the Children Myopia Control Lens market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Myopia Control Spectacle Lenses, Orthokeratology), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Children Myopia Control Lens market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Children Myopia Control Lens market's trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Children Myopia Control Lens market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
Market Segmentation and Forecast: The report segment the Children Myopia Control Lens market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Children Myopia Control Lens market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Children Myopia Control Lens market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Children Myopia Control Lens, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Children Myopia Control Lens market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Children Myopia Control Lens market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Myopia Control Spectacle Lenses
Orthokeratology
Soft Myopia Control Contact Lenses
Market segment by Application
6 to 12 Years Old
12 to 18 Years Old
Global Children Myopia Control Lens Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Major players covered
HOYA Corporation
ZEISS
EssilorLuxottica
CooperVision
Ovctek
Alpha Corporation
EUCLID
Brighten Optix
Lucid Korea
WeiXing Optical
Contex
Jiangsu Green Stone Optical (SETO)
Conant
Outline of Major Chapters:
Chapter 1: Introduces the definition of Children Myopia Control Lens, market overview.
Chapter 2: Global Children Myopia Control Lens market size in revenue and volume.
Chapter 3: Detailed analysis of Children Myopia Control Lens manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Children Myopia Control Lens in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Children Myopia Control Lens capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Children Myopia Control Lens Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Children Myopia Control Lens Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Children Myopia Control Lens Overall Market Size
    2.1 Global Children Myopia Control Lens Market Size: 2022 VS 2029
    2.2 Global Children Myopia Control Lens Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Children Myopia Control Lens Sales: 2018-2029
3 Company Landscape
    3.1 Top Children Myopia Control Lens Players in Global Market
    3.2 Top Global Children Myopia Control Lens Companies Ranked by Revenue
    3.3 Global Children Myopia Control Lens Revenue by Companies
    3.4 Global Children Myopia Control Lens Sales by Companies
    3.5 Global Children Myopia Control Lens Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Children Myopia Control Lens Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Children Myopia Control Lens Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Children Myopia Control Lens Players in Global Market
        3.8.1 List of Global Tier 1 Children Myopia Control Lens Companies
        3.8.2 List of Global Tier 2 and Tier 3 Children Myopia Control Lens Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Children Myopia Control Lens Market Size Markets, 2022 & 2029
        4.1.2 Myopia Control Spectacle Lenses
        4.1.3 Orthokeratology
        4.1.4 Soft Myopia Control Contact Lenses
    4.2 By Type - Global Children Myopia Control Lens Revenue & Forecasts
        4.2.1 By Type - Global Children Myopia Control Lens Revenue, 2018-2023
        4.2.2 By Type - Global Children Myopia Control Lens Revenue, 2024-2029
        4.2.3 By Type - Global Children Myopia Control Lens Revenue Market Share, 2018-2029
    4.3 By Type - Global Children Myopia Control Lens Sales & Forecasts
        4.3.1 By Type - Global Children Myopia Control Lens Sales, 2018-2023
        4.3.2 By Type - Global Children Myopia Control Lens Sales, 2024-2029
        4.3.3 By Type - Global Children Myopia Control Lens Sales Market Share, 2018-2029
    4.4 By Type - Global Children Myopia Control Lens Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Children Myopia Control Lens Market Size, 2022 & 2029
        5.1.2 6 to 12 Years Old
        5.1.3 12 to 18 Years Old
    5.2 By Application - Global Children Myopia Control Lens Revenue & Forecasts
        5.2.1 By Application - Global Children Myopia Control Lens Revenue, 2018-2023
        5.2.2 By Application - Global Children Myopia Control Lens Revenue, 2024-2029
        5.2.3 By Application - Global Children Myopia Control Lens Revenue Market Share, 2018-2029
    5.3 By Application - Global Children Myopia Control Lens Sales & Forecasts
        5.3.1 By Application - Global Children Myopia Control Lens Sales, 2018-2023
        5.3.2 By Application - Global Children Myopia Control Lens Sales, 2024-2029
        5.3.3 By Application - Global Children Myopia Control Lens Sales Market Share, 2018-2029
    5.4 By Application - Global Children Myopia Control Lens Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Children Myopia Control Lens Market Size, 2022 & 2029
    6.2 By Region - Global Children Myopia Control Lens Revenue & Forecasts
        6.2.1 By Region - Global Children Myopia Control Lens Revenue, 2018-2023
        6.2.2 By Region - Global Children Myopia Control Lens Revenue, 2024-2029
        6.2.3 By Region - Global Children Myopia Control Lens Revenue Market Share, 2018-2029
    6.3 By Region - Global Children Myopia Control Lens Sales & Forecasts
        6.3.1 By Region - Global Children Myopia Control Lens Sales, 2018-2023
        6.3.2 By Region - Global Children Myopia Control Lens Sales, 2024-2029
        6.3.3 By Region - Global Children Myopia Control Lens Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Children Myopia Control Lens Revenue, 2018-2029
        6.4.2 By Country - North America Children Myopia Control Lens Sales, 2018-2029
        6.4.3 US Children Myopia Control Lens Market Size, 2018-2029
        6.4.4 Canada Children Myopia Control Lens Market Size, 2018-2029
        6.4.5 Mexico Children Myopia Control Lens Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Children Myopia Control Lens Revenue, 2018-2029
        6.5.2 By Country - Europe Children Myopia Control Lens Sales, 2018-2029
        6.5.3 Germany Children Myopia Control Lens Market Size, 2018-2029
        6.5.4 France Children Myopia Control Lens Market Size, 2018-2029
        6.5.5 U.K. Children Myopia Control Lens Market Size, 2018-2029
        6.5.6 Italy Children Myopia Control Lens Market Size, 2018-2029
        6.5.7 Russia Children Myopia Control Lens Market Size, 2018-2029
        6.5.8 Nordic Countries Children Myopia Control Lens Market Size, 2018-2029
        6.5.9 Benelux Children Myopia Control Lens Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Children Myopia Control Lens Revenue, 2018-2029
        6.6.2 By Region - Asia Children Myopia Control Lens Sales, 2018-2029
        6.6.3 China Children Myopia Control Lens Market Size, 2018-2029
        6.6.4 Japan Children Myopia Control Lens Market Size, 2018-2029
        6.6.5 South Korea Children Myopia Control Lens Market Size, 2018-2029
        6.6.6 Southeast Asia Children Myopia Control Lens Market Size, 2018-2029
        6.6.7 India Children Myopia Control Lens Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Children Myopia Control Lens Revenue, 2018-2029
        6.7.2 By Country - South America Children Myopia Control Lens Sales, 2018-2029
        6.7.3 Brazil Children Myopia Control Lens Market Size, 2018-2029
        6.7.4 Argentina Children Myopia Control Lens Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Children Myopia Control Lens Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Children Myopia Control Lens Sales, 2018-2029
        6.8.3 Turkey Children Myopia Control Lens Market Size, 2018-2029
        6.8.4 Israel Children Myopia Control Lens Market Size, 2018-2029
        6.8.5 Saudi Arabia Children Myopia Control Lens Market Size, 2018-2029
        6.8.6 UAE Children Myopia Control Lens Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 HOYA Corporation
        7.1.1 HOYA Corporation Company Summary
        7.1.2 HOYA Corporation Business Overview
        7.1.3 HOYA Corporation Children Myopia Control Lens Major Product Offerings
        7.1.4 HOYA Corporation Children Myopia Control Lens Sales and Revenue in Global (2018-2023)
        7.1.5 HOYA Corporation Key News & Latest Developments
    7.2 ZEISS
        7.2.1 ZEISS Company Summary
        7.2.2 ZEISS Business Overview
        7.2.3 ZEISS Children Myopia Control Lens Major Product Offerings
        7.2.4 ZEISS Children Myopia Control Lens Sales and Revenue in Global (2018-2023)
        7.2.5 ZEISS Key News & Latest Developments
    7.3 EssilorLuxottica
        7.3.1 EssilorLuxottica Company Summary
        7.3.2 EssilorLuxottica Business Overview
        7.3.3 EssilorLuxottica Children Myopia Control Lens Major Product Offerings
        7.3.4 EssilorLuxottica Children Myopia Control Lens Sales and Revenue in Global (2018-2023)
        7.3.5 EssilorLuxottica Key News & Latest Developments
    7.4 CooperVision
        7.4.1 CooperVision Company Summary
        7.4.2 CooperVision Business Overview
        7.4.3 CooperVision Children Myopia Control Lens Major Product Offerings
        7.4.4 CooperVision Children Myopia Control Lens Sales and Revenue in Global (2018-2023)
        7.4.5 CooperVision Key News & Latest Developments
    7.5 Ovctek
        7.5.1 Ovctek Company Summary
        7.5.2 Ovctek Business Overview
        7.5.3 Ovctek Children Myopia Control Lens Major Product Offerings
        7.5.4 Ovctek Children Myopia Control Lens Sales and Revenue in Global (2018-2023)
        7.5.5 Ovctek Key News & Latest Developments
    7.6 Alpha Corporation
        7.6.1 Alpha Corporation Company Summary
        7.6.2 Alpha Corporation Business Overview
        7.6.3 Alpha Corporation Children Myopia Control Lens Major Product Offerings
        7.6.4 Alpha Corporation Children Myopia Control Lens Sales and Revenue in Global (2018-2023)
        7.6.5 Alpha Corporation Key News & Latest Developments
    7.7 EUCLID
        7.7.1 EUCLID Company Summary
        7.7.2 EUCLID Business Overview
        7.7.3 EUCLID Children Myopia Control Lens Major Product Offerings
        7.7.4 EUCLID Children Myopia Control Lens Sales and Revenue in Global (2018-2023)
        7.7.5 EUCLID Key News & Latest Developments
    7.8 Brighten Optix
        7.8.1 Brighten Optix Company Summary
        7.8.2 Brighten Optix Business Overview
        7.8.3 Brighten Optix Children Myopia Control Lens Major Product Offerings
        7.8.4 Brighten Optix Children Myopia Control Lens Sales and Revenue in Global (2018-2023)
        7.8.5 Brighten Optix Key News & Latest Developments
    7.9 Lucid Korea
        7.9.1 Lucid Korea Company Summary
        7.9.2 Lucid Korea Business Overview
        7.9.3 Lucid Korea Children Myopia Control Lens Major Product Offerings
        7.9.4 Lucid Korea Children Myopia Control Lens Sales and Revenue in Global (2018-2023)
        7.9.5 Lucid Korea Key News & Latest Developments
    7.10 WeiXing Optical
        7.10.1 WeiXing Optical Company Summary
        7.10.2 WeiXing Optical Business Overview
        7.10.3 WeiXing Optical Children Myopia Control Lens Major Product Offerings
        7.10.4 WeiXing Optical Children Myopia Control Lens Sales and Revenue in Global (2018-2023)
        7.10.5 WeiXing Optical Key News & Latest Developments
    7.11 Contex
        7.11.1 Contex Company Summary
        7.11.2 Contex Business Overview
        7.11.3 Contex Children Myopia Control Lens Major Product Offerings
        7.11.4 Contex Children Myopia Control Lens Sales and Revenue in Global (2018-2023)
        7.11.5 Contex Key News & Latest Developments
    7.12 Jiangsu Green Stone Optical (SETO)
        7.12.1 Jiangsu Green Stone Optical (SETO) Company Summary
        7.12.2 Jiangsu Green Stone Optical (SETO) Business Overview
        7.12.3 Jiangsu Green Stone Optical (SETO) Children Myopia Control Lens Major Product Offerings
        7.12.4 Jiangsu Green Stone Optical (SETO) Children Myopia Control Lens Sales and Revenue in Global (2018-2023)
        7.12.5 Jiangsu Green Stone Optical (SETO) Key News & Latest Developments
    7.13 Conant
        7.13.1 Conant Company Summary
        7.13.2 Conant Business Overview
        7.13.3 Conant Children Myopia Control Lens Major Product Offerings
        7.13.4 Conant Children Myopia Control Lens Sales and Revenue in Global (2018-2023)
        7.13.5 Conant Key News & Latest Developments
8 Global Children Myopia Control Lens Production Capacity, Analysis
    8.1 Global Children Myopia Control Lens Production Capacity, 2018-2029
    8.2 Children Myopia Control Lens Production Capacity of Key Manufacturers in Global Market
    8.3 Global Children Myopia Control Lens Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Children Myopia Control Lens Supply Chain Analysis
    10.1 Children Myopia Control Lens Industry Value Chain
    10.2 Children Myopia Control Lens Upstream Market
    10.3 Children Myopia Control Lens Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Children Myopia Control Lens Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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Children Myopia Control Lens Market, Global Outlook and Forecast 2023-2029

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