Abstract
Summary
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.
Major market player included in this report are:
ABB Optical Group
Bausch Health Companies Inc.
Visionary Optics
Essilor Inc
Art Optical Contact Lens, Inc.
CooperVision Inc
BostonSight
AccuLens, Inc.
Tru-Form Optics
SynergEyes
Recent Developments in the Market:
In November 2021, CooperVision Specialty EyeCare introduced Optimized Pupil Optics (OPO) to eye care professionals (ECPs) in the US and Canada for its Onefit MED and Onefit MED+ scleral contact lenses.
In October 2021, Bausch Health Companies Inc. unveiled the New 28 Lens Zenlens Dx Set to address the growing need for gas-permeable lenses to cure vision problems brought on by irregularities in the cornea.
Global Scleral Lens Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Application, End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
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:
By Type:
Corneo-Scleral Lenses and Semi-Scleral Lenses
Mini-Scleral Lenses
Full Scleral Lenses
By Application:
Irregular Cornea
Ocular Surface Disease
Refractive Error
Other Applications
By End User:
Hospitals
Eye Clinics
Other End Users
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Table of Contents
1 Executive Summary
1.1 Market Snapshot
1.2 Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1 Scleral Lens Market, by Region, 2019-2029 (USD Billion)
1.2.2 Scleral Lens Market, by Type, 2019-2029 (USD Billion)
1.2.3 Scleral Lens Market, by Application, 2019-2029 (USD Billion)
1.2.4 Scleral Lens Market, by End User, 2019-2029 (USD Billion)
1.3 Key Trends
1.4 Estimation Methodology
1.5 Research Assumption
2 Global Scleral Lens Market Definition and Scope
2.1 Objective of the Study
2.2 Market Definition & Scope
2.2.1 Scope of the Study
2.2.2 Industry Evolution
2.3 Years Considered for the Study
2.4 Currency Conversion Rates
3 Global Scleral Lens Market Dynamics
3.1 Scleral Lens Market Impact Analysis (2019-2029)
3.1.1 Market Drivers
3.1.1.1 Growing Number of Ophthalmic Patients
3.1.1.2 Increasing Adoption of Scleral Lenses across the Globe
3.1.2 Market Challenges
3.1.2.1 Availability of Alternative Techniques
3.1.3 Market Opportunities
3.1.3.1 Advancements in technology
3.1.3.2 Rising prevelance of myopia disorder
4 Global Scleral Lens Market Industry Analysis
4.1 Porter’s 5 Force Model
4.1.1 Bargaining Power of Suppliers
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of New Entrants
4.1.4 Threat of Substitutes
4.1.5 Competitive Rivalry
4.2 Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3 PEST Analysis
4.3.1 Political
4.3.2 Economical
4.3.3 Social
4.3.4 Technological
4.4 Top investment opportunity
4.5 Top winning strategies
4.6 Industry Experts Prospective
4.7 Analyst Recommendation & Conclusion
5 Risk Assessment: COVID-19 Impact
5.1 Assessment of the overall impact of COVID-19 on the industry
5.2 Pre COVID-19 and post COVID-19 Market scenario
6 Global Scleral Lens Market, by Type
6.1 Market Snapshot
6.2 Global Scleral Lens Market by Type, Performance - Potential Analysis
6.3 Global Scleral Lens Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4 Scleral Lens Market, Sub Segment Analysis
6.4.1 Corneo-Scleral Lenses and Semi-Scleral Lenses
6.4.2 Mini-Scleral Lenses
6.4.3 Full Scleral Lenses
7 Global Scleral Lens Market, by Application
7.1 Market Snapshot
7.2 Global Scleral Lens Market by Application, Performance - Potential Analysis
7.3 Global Scleral Lens Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4 Scleral Lens Market, Sub Segment Analysis
7.4.1 Irregular Cornea
7.4.2 Ocular Surface Disease
7.4.3 Refractive Error
7.4.4 Other Applications
8 Global Scleral Lens Market, by End User
8.1 Market Snapshot
8.2 Global Scleral Lens Market by End User, Performance - Potential Analysis
8.3 Global Scleral Lens Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
8.4 Scleral Lens Market, Sub Segment Analysis
8.4.1 Hospitals
8.4.2 Eye Clinics
8.4.3 Other End Users
9 Global Scleral Lens Market, Regional Analysis
9.1 Scleral Lens Market, Regional Market Snapshot
9.2 North America Scleral Lens Market
9.2.1 U.S. Scleral Lens Market
9.2.1.1 Type breakdown estimates & forecasts, 2019-2029
9.2.1.2 Application breakdown estimates & forecasts, 2019-2029
9.2.1.3 End User breakdown estimates & forecasts, 2019-2029
9.2.2 Canada Scleral Lens Market
9.3 Europe Scleral Lens Market Snapshot
9.3.1 U.K. Scleral Lens Market
9.3.2 Germany Scleral Lens Market
9.3.3 France Scleral Lens Market
9.3.4 Spain Scleral Lens Market
9.3.5 Italy Scleral Lens Market
9.3.6 Rest of Europe Scleral Lens Market
9.4 Asia-Pacific Scleral Lens Market Snapshot
9.4.1 China Scleral Lens Market
9.4.2 India Scleral Lens Market
9.4.3 Japan Scleral Lens Market
9.4.4 Australia Scleral Lens Market
9.4.5 South Korea Scleral Lens Market
9.4.6 Rest of Asia Pacific Scleral Lens Market
9.5 Latin America Scleral Lens Market Snapshot
9.5.1 Brazil Scleral Lens Market
9.5.2 Mexico Scleral Lens Market
9.5.3 Rest of Latin America Scleral Lens Market
9.6 Rest of The World Scleral Lens Market
10 Competitive Intelligence
10.1 Top Market Strategies
10.2 Company Profiles
10.2.1 ABB Optical Group
10.2.1.1 Key Information
10.2.1.2 Overview
10.2.1.3 Financial (Subject to Data Availability)
10.2.1.4 Product Summary
10.2.1.5 Recent Developments
10.2.2 Bausch Health Companies Inc
10.2.3 Visionary Optics
10.2.4 Essilor
10.2.5 Art Optical Contact Lens, Inc
10.2.6 CooperVision
10.2.7 BostonSight
10.2.8 AccuLens, Inc
10.2.9 Tru-Form Optics
10.2.10 SynergEyes
11 Research Process
11.1 Research Process
11.1.1 Data Mining
11.1.2 Analysis
11.1.3 Market Estimation
11.1.4 Validation
11.1.5 Publishing
11.2 Research Attributes
11.3 Research Assumption