Asia Pacific Myopia And Presbyopia Treatment Market Size & Outlook
Asia Pacific myopia and presbyopia treatment market, 2018-2030 (US$M)
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Asia Pacific myopia and presbyopia treatment market highlights
- The Asia Pacific myopia and presbyopia treatment market generated a revenue of USD 4,906.5 million in 2023.
- The market is expected to grow at a CAGR of 11.5% from 2024 to 2030.
- In terms of segment, myopia was the largest revenue generating type in 2023.
- Presbyopia is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 4,906.5 million |
| Market revenue in 2030 | USD 10,501.8 million |
| Growth rate | 11.5% (CAGR from 2023 to 2030) |
| Largest segment | Myopia |
| Fastest growing segment | Presbyopia |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Myopia, Presbyopia |
| Key market players worldwide | Johnson & Johnson, Essilorluxottica, ZEISS Group, Alcon Inc, Bausch & Lomb Corp, Topcon Corp, Ziemer Ophthalmic Systems, Nidek, Haag-Streit |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 26.2% of the global myopia and presbyopia treatment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,501.8 million by 2030.
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Myopia And Presbyopia Treatment Market Scope
Myopia And Presbyopia Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific myopia and presbyopia treatment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to myopia and presbyopia treatment market will help companies and investors design strategic landscapes.
Myopia was the largest segment with a revenue share of 60.12% in 2023. Horizon Databook has segmented the Asia Pacific myopia and presbyopia treatment market based on myopia, presbyopia covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific (APAC) is expected to grow at the fastest rate over the forecast period, which can be attributed to the increasing prevalence of myopia and high myopia. This is observed especially in the east and south east countries of Asia, such as China, Japan, Republic of Korea, and Singapore, which had prevalence of approximately 50% in 2016.
The prevalence of high myopia is expected to increase by 24% by 2050 in the abovementioned countries. Moreover, countries such as India where the prevalence of myopia is estimated as low in the past is expected to exhibit major increase by 2050.
With the increasing prevalence of myopia in APAC regions, governments are focusing on supporting treatment procedures that reduce the rate of progression, because it has been found that reducing the rate of progression can reduce the prevalence of myopia by 90%.
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Target buyers of Asia Pacific myopia and presbyopia treatment market databook
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Our clientele includes a mix of myopia and presbyopia treatment market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific myopia and presbyopia treatment market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific myopia and presbyopia treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific myopia and presbyopia treatment market size, by country, 2018-2030 (US$M)
Asia Pacific Myopia And Presbyopia Treatment Market Outlook Share, 2023 & 2030 (US$M)
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