Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Research Reports

Orthokeratology Market is projected to rise at a 7.3% CAGR from 2022 to 2028 | FMI

Research Report 1 - Global Banking | Finance

Myopia is anticipated to continue to be a major factor influencing orthokeratology demand globally. Myopia will have the largest predicted market value share by 2028, and it will also offer a wide range of prospects for innovation.

NEWARK, Del:  The global Orthokeratology Market is expected to be worth US$ 58.1 million in 2022, rising to US$ 88.7 million by 2028, at a CAGR of 7.3 percent from 2022 to 2028. Orthokeratology has been considered to facilitate the elimination of contact lens related vision problems, providing patients with the freedom to experience an active lifestyle.

While this factor will continue to play a pivotal role in growing adoption of Ortho-K lenses, Future Market Insights has discovered a few other factors that are likely to impact the growth of orthokeratology market in near future. In a recently released report, titled “Orthokeratology Market: Global Industry Analysis 2013-2021 and Opportunity Assessment, 2022–2028,” the performance of global market for orthokeratology is assessed for a 10-year period 2022-2028.

Request Sample @

Increasing online efforts in patient education and awareness about Ortho-K, coupled with an intensifying rate of success of orthokeratology lenses in recent years, is expected to strengthen the prospects for global orthokeratology market, over the next decade. The market is likely to witness a promising CAGR of 7.4%; whereas, the global revenue is anticipated to reach beyond US$ 88 million by the end of 2028.

While increasing prevalence of myopia stands as a key factor impacting the market growth, several advantages of Ortho-K lenses over the conventional contact lenses have been recognized to be pushing adoption of orthokeratology among sports persons. A few restrictions arising in case of LASIK surgery will also be reportedly responsible for growing inclination for Ortho-K. On the flipside, the adoption of orthokeratology lenses among the myopic patient is less than 0.5%, which is a major factor deterring the growth of the market. In few under developing economies, patient are not able afford the high cost of ortho-k lenses and also the high fees of ophthalmologists and optometrists which will also deter the growth of market to some extent.

Ask an Expert @

Myopia Continues to Remain the Most Influencing Indication, Accounting for a Major Revenue Share

Myopia is expected to remain a key indication driving the demand for orthokeratology, worldwide. With over 70% share of the total market value estimated for 2028, myopia will also provide an extensive scope for innovation opportunities. Hyperopia, followed by astigmatism, will represent the next key indicative factor, which is anticipated to drive market growth over the forecast period.

Demand from Optometry Clinics Accounts for a Share that Equates More than Half of the Market Value

Among all distribution channels, optometry clinics will reportedly continue to generate the maximum demand for Ortho-K, accounting for a share of more than 50% to the total market value through 2028. Ophthalmic clinics are expected to hold a decent revenue share throughout the assessment period, whereas hospitals are likely to emerge as the most opportunistic distribution channel.

MEA Still Struggles through Low Awareness Level

North America and Europe, which represent the key regional markets, will reportedly account for a collective value share of around 60% through 2028. Asia Pacific excluding China and Japan is slated for modest growth, whereas MEA will continue to witness sluggish growth rate owing to relatively lower consumer awareness about availability and use of Ortho-K lenses.

Request Customization @

Key Players :

  • The Cooper Companies Inc.
  • Euclid Systems Corporation
  • Menicon Co., Ltd.
  • GP Specialists, Inc.
  • TruForm Optics, Inc.
  • Art Optical Contact Lens, Inc.
  • MiracLens L.L.C.
  • Contex, Inc.

Full Report @

Key Segments Covered in Orthokeratology Industry Survey

Orthokeratology Market by Indication:

  • Myopia
  • Presbyopia
  • Hyperopia
  • Astigmatism

Orthokeratology Market by Distribution Channel:

  • Hospitals
  • Optometry Clinics
  • Ophthalmology Clinics

Orthokeratology Market by Region:

  • North America Orthokeratology Market
  • Latin America Orthokeratology Market
  • Europe Orthokeratology Market
  • East Asia Orthokeratology Market
  • South Asia & Pacific Orthokeratology Market
  • Middle East & Africa (MEA) Orthokeratology

Explore FMI’s Extensive Coverage On Healthcare Domain:

Ophthalmic Lasers Market Size : The global ophthalmic lasers market is anticipated to grow from a market value of US$ 884.3 Million in 2022 to US$ 1.3 Billion by 2030, expanding at a moderate CAGR of 5.4%. 

Veterinary Lasers Market Growth : From 2022 to 2028, the market for veterinary laser products is expected to increase at a CAGR of 9.9%, with a projected market value of about US$ 336.5 Million in 2028. According to Future Market Insights’ forecasts, the therapeutic lasers will account for a sizeable 43.4% of the market for veterinary lasers in 2021.

Cosmetic Lasers Market Share : In the end of 2021, the market for cosmetic lasers was estimated to be worth roughly US$ 2.0 Bn. By 2032, the market is anticipated to grow at a 14.9% CAGR and reach a value of US$ 8.0 billion.

Excimer and Femtosecond Ophthalmic Lasers Market Opportunity : The market for femtosecond ophthalmic lasers is anticipated to grow at an estimated 8.0% CAGR over the forecast period (2022-2032), reaching a market valuation of US$ 2.41 Billion by 2032. The global excimer and femtosecond ophthalmic lasers market size was US$ 1.02 Billion in 2021 and is anticipated to reach US$ 1.18 Billion by the end of 2022.

Tattoo Removal Lasers Market Forecast : The market for tattoo removal lasers is anticipated to grow from a valuation of US$ 235.2 million in 2022 to US$ 328.5 million by 2028, expanding at a CAGR of 5.7%.

About Future Market Insights, Inc : 

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: [email protected]

Global Banking & Finance Review


Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post