Myopia And Presbyopia Treatment Market Opportunity Analysis - 2027

1. MYOPIA AND PRESBYOPIA TREATMENT MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION Myopia And Presbyopia Treatment Market - Overview Global Myopia And Presbyopia Treatment Market, by Disease Type (Myopia and Presbyopia), by Treatment Type (Prescription Lenses, Contact Lenses, Surgery, Medication, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is estimated to be valued at US$ 17.9 Billion in 2020 and is expected to exhibit a CAGR of 8.1% over the forecast period (2020-2027), as highlighted in a new report published by Coherent Market Insights. For instance, according to the World Health Organization (WHO) estimation in 2015, the global prevalence of myopia and high myopia were estimated to affect 27% (1,893 Billion) and 2.8% (170 Billion) of the world population, respectively, in 2010. As per Brien Holden Vision lnstitute projection, the global prevalence of myopia and high myopia is estimated to be 33% and 4.0% in 2020 and in 2050, it is projected that myopia and high myopia will affect 52% (4,949 Billion) and 10.0% (925 Billion) of world population, respectively. Browse 32 Market Data Tables and 28 Figures spread through 152 Pages and in-depth TOC on "Global Myopia And Presbyopia Treatment Market, by Disease Type (Myopia and Presbyopia), by Treatment Type (Prescription Lenses, Contact Lenses, Surgery, Medication, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2027" Browse Research Reports: https://www.coherentmarketinsights.com/market-insight/myopia- and-presbyopia-treatment-market-4206 © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION Manufacturers and various eye care institutes are engaged in the development of novel prescription lenses and eyewear, which can be used in the treatment of various eyesight related problems/conditions such as myopia and presbyopia. Thus, development of such novel products having potential to gain the U.S. FDA approvals is a robust opportunity for the market players to launch such products in the market. For instance, in November 2019, CooperVision, a manufacturer of soft contact lenses, received the U.S. FDA approval for its MiSight 1 day contact lens. The lens is designed for the management of myopia (to slow the progression of myopia). The company decided to launch the MiSight 1 day contact lens in the U.S. in March 2020. Moreover, in November 2015, Bausch + Lomb Incorporated, a manufacturer and supplier of contact lenses, launched Lomb ULTRA contact lenses, which are new multifocal lenses, for presbyopia. The Bausch + Lomb ULTRA contact lenses is featured with MoistureSeal technology, and contains polyvinylpyrrolidone (PVP) for enhanced wettability, and have the highest Dk/t (163) and lowest modulus (70). Thus, such increasing product development and launches are driving the market growth. Global Myopia and Presbyopia Treatment Market: Impact of COVID-19 Pandemic The outbreak of the coronavirus (COVID-19) have impacted the eyewear industry, as it is facing some potential threats such as people with eye disorder such as myopia and presbyopia are not ready to leave there house or visit the eye clinics to get a routine eye exam. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/4206 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION Key takeaways of the Global Myopia and Presbyopia Treatment Market: The global myopia and presbyopia treatment market is expected to exhibit a CAGR of 8.1% over the forecast period (2020–2027), owing to increasing approvals of contact and prescription lenses. For instance, in November 2019, Menicon Co., Ltd. received PMA approval from the U.S. Food and Drug Administration for its Menicon Z Night (tisilfocon A) Contact Lenses for Overnight Wear. LASIK surgery is one of the most prominent treatments for myopia and presbyopia. Thus, increasing number of LASIK (laser-assisted in situ keratomileusis) surgeries is expected to contribute to growth of the global myopia and presbyopia treatment market. For instance, according to the report published by SeedScientific (data gathered from multiple sources), in 2019, over 690,000 LASIK procedures were performed, globally. Major players operating in the global myopia and presbyopia treatment market include ALCON Inc., Bausch Health Companies Inc., EssilorLuxottica (Essilor Ltd.), Johnson & Johnson Vision, NIDEK CO. LTD., Topcon Corporation, Zeimer Ophthalmic Systems AG, and ZEISS International Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/4206 © Coherent market Insights. All Rights Reserved

5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved

6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

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