The global orthokeratology market will possibly reach the revenue worth US$ 88.7 Mn by the end of 2028, witnessing robust expansion at 7.4% CAGR over 2018-2028.
[USPRwire, Wed Oct 17 2018] Orthokeratology market is likely to witness an impressive expansion over the period, 2018 to 2028, primarily fostered by advantage of orthokeratology in eliminating contact lens-related issues, offering affected-patients with freedom of experiencing active lifestyle. Growing online efforts in patient awareness and education related to orthokeratology, along with proliferation in adoption of orthokeratology lenses in recent past will significantly impact the market growth.
Aforementioned insights are according to the report titled “Orthokeratology Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028,” added to the comprehensive repository of the Market Research Reports Search Engine (MRRSE). Increasing prevalence of myopia continues to remain a key factor propelling adoption of orthokeratology lenses, meanwhile challenges recognized in LASIK surgery are inclining preference toward Ortho-K lenses among patients and healthcare professionals alike.
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Optometry clinics are expected to be the largest distribution channel for the orthokeratology market, accounting for over half share of the market during the period of forecast. While North America and Europe continue to represent lucrative growth prospects for the orthokeratology market, Asia-Pacific excluding China and Japan will witness a moderate growth over the period of forecast.
Orthokeratology Market: Report Summary
This report provides a ten-year analysis and forecast on the orthokeratology market, and offers key insights that are likely to impact current as well as future growth prospects of the orthokeratology market. This study demonstrates key dynamics and their impact intensity on growth of the orthokeratology market during 2018 to 2028.
Updates on opportunities, value forecast, restraints, drivers, and trends, apropos of the orthokeratology market has been delivered in the report, so as to enable companies operating in the market in making lucrative business decisions. For offering readers with detailed analysis, the report has classified the orthokeratology market into 3 key segments, viz. distribution channel, indication, and region.
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The segmental analysis on the orthokeratology market involves important market numbers such as value (US$ Mn), CAGR, and the market share of each segment included in the report. The orthokeratology market has also been assessed at a country and regional level, and relevant market numbers have been offered in key sections of the report.
Orthokeratology Market: Analysis on Competitive Landscape
The final section of the report offers a detailed analysis on the competitor landscape of the orthokeratology market, and delivers the report readers with a dashboard view of companies identified and profiled. Key categories of the orthokeratology nuts providers engulfed in the report are analyzed in detail in terms of their company overview, key financials, and recent developments.
Detailed profiling of the key players analyzed in the orthokeratology market report has also been encompassed in this section, for evaluating their short-term and long-term expansion strategies, and key offerings in the orthokeratology market. Key players operating in the orthokeratology market, as identified in the report, include The Cooper Companies Inc., Euclid Systems Corporation, GP Specialists, Inc., Menicon Co., Ltd., Art Optical Contact Lens, Inc., TruForm Optics, Inc., MiracLens L.L.C., Art Optical Contact Lens, Inc., and Contex, Inc.
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