LAMEA Orthokeratology Lens Market Size, Share & Industry Trends Analysis Report By Product Type, By Indication (Myopia, Presbyopia Hypermetropia and Astigmatism), By Distribution Channel, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Orthokeratology Lens Market would witness market growth of 9.2% CAGR during the forecast period (2022-2028).
Ortho-K is a good option for the majority of persons with mild to moderate eye sight issue. When myopia first starts to show, they might begin using Ortho-K lenses. This treatment has no age limits. Little ones can play outside without worrying about breaking their spectacles or losing their contact lenses due to orthokeratology. Adults receiving treatment who play contact sports are also relieved of the burden of bothersome eyewear. People who work in dusty workplaces or spend a lot of time in front of computer screens should also consider this treatment. Finally, persons with dry eyes can benefit greatly from these glasses.
The cornea, a transparent window with a dome shape on the front of the eye, is in charge of most of the eye's focusing abilities. It directs light onto the retina. Its tissue is extremely malleable. Using a device known as a corneal topographer, an ophthalmologist can map & measure the surface of the cornea before creating a lens specifically for the eye. By reflecting light off the eye's surface, the cornea map is made. The eye is not touched by the machine, and there is no discomfort. The ophthalmologist can see the contours of the cornea owing to the corneal topography map.
The UAE's healthcare industry has grown to accommodate both the country's population's changing requirements and its aspiration to establish itself as a regional center for medical tourism. The U.A.E. has increased its commitment to investing in healthcare as a result of the COVID-19 pandemic. According to the World Health Organization, one in five UAE individuals is having one or another disease. These populations, supported by relatively high-income levels, continue to seek higher quality healthcare as the incidence of lifestyle diseases rises. To meet this demand, the government has concentrated on building healthcare infrastructure.
The Brazil market dominated the LAMEA Orthokeratology Lens Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $17.4 Million by 2028. The Argentina market is experiencing a CAGR of 9.8% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 8.9% during (2022 - 2028).
Based on Product Type, the market is segmented into Overnight Ortho-K lenses and Day-time Ortho- K lenses. Based on Indication, the market is segmented into Myopia, Presbyopia Hypermetropia and Astigmatism. Based on Distribution Channel, the market is segmented into Ophthalmology Clinics, Optometry Clinics, Hospitals, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson (Johnson & Johnson Vision Care, Inc.), Bausch Health Companies, Inc., The Cooper Companies, Inc., Euclid Systems Corporation, Alpha Corporation, Inc. (Menicon Co., Ltd.), Brighten Optix Corporation, TruForm Optics, Inc., Art Optical Contact Lens, Inc., and MiracLens, LLC.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Overnight Ortho-K lenses
- Day-time Ortho- K lenses
By Distribution Channel
- Ophthalmology Clinics
- Optometry Clinics
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Johnson & Johnson (Johnson & Johnson Vision Care, Inc.)
- Bausch Health Companies, Inc.
- The Cooper Companies, Inc.
- Euclid Systems Corporation
- Alpha Corporation, Inc. (Menicon Co., Ltd.)
- Brighten Optix Corporation
- TruForm Optics, Inc.
- Art Optical Contact Lens, Inc.
- MiracLens, LLC
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