Global Orthokeratology Market Expected to Rise at a CAGR of 7.4% during 2018 - 2028

Growing incidences of eye problems such as myopia, hyperopia, astigmatism and presbyopia is one of the major reasons behind the growth of the orthokeratology (Ortho-K) market. In addition, growing preference for non-invasive treatment procedures is also anticipated to boost demand for Ortho-K treatment options. Revenues emerging from the orthokeratology market are expected to grow at a healthy CAGR of more than 7% through 2028. The above insights have been taken from the report titled “Orthokeratology Market: LASIK Surgery Limitations Pave Way for Orthokeratology Adoption” that was recently included in the vast repository of Market Research Reports Search Engine (MRRSE).

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Orthokeratology is regarded as an ideal alternative treatment for young aged child patients, who cannot undergo laser surgery options such as LASIK. Myopia patients are expected to be the primary end users for orthokeratology treatments owing to its relatively higher efficacy in comparison to the usage of conventional contact lenses. In addition, growing awareness about orthokeratology treatments through online campaigns are also anticipated to significantly boost the demand in the market.

Key market players are focusing on acquisition and collaboration strategies, particularly in the Chinese and Japanese markets owing to growth opportunities present in the region. North America, followed by Europe are expected to continue as market leaders owing to widespread prevalence of myopia and presbyopia in these regions.

Orthokeratology Market: Report Overview

This detailed report provides a regional and global-level analysis & forecast on the orthokeratology market, in terms of value (US$ Mn), for the period of forecast 2018 to 2028. Important influencers such as social, technological, and micro and macro-economic factors that play an important role in impacting demand and the need for orthokeratology have been analyzed in detail for the report.

An end-to-end value chain analysis on the orthokeratology market has been provided, and the researched intelligence has been effectively used for helping the readers understand the competitive situation among leaders and emerging market players with information on the right opportunities and restraints, including data on financials and SWOT analysis. A market attractiveness analysis, on the basis of business aspects such as market size, general attractiveness, competition matrix, and Y-O-Y growth rate, has also been added to the report.

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Orthokeratology Market: Research Methodology

Detailed discussions and extensive interviews have been carried out with highly experienced industry experts and opinion leaders in the process of developing this report. Primary and secondary research methodologies have been used, which have helped in extracting relevant intelligence on the orthokeratology market. Primary research represents bulk of the research efforts, which has been further validated with an extensive secondary research.

Major companies and new entrants in the orthokeratology market have been assessed, while a variety of data sources such as press releases, investor presentations, annual reports, and other related documents have been used for comprehensive analysis on the market’s competitor landscape to gain better market understanding. The research approach employed here is regarded as a reliable and efficient approach to bring out precise intelligence on the market data, by finding and making use of insights on unused business opportunities, and the actions of various industry participants.

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