Canada Myopia And Presbyopia Treatment Market Size & Outlook
Canada myopia and presbyopia treatment market, 2018-2030 (US$M)
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Canada myopia and presbyopia treatment market highlights
- The Canada myopia and presbyopia treatment market generated a revenue of USD 573.3 million in 2023 and is expected to reach USD 981.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 8% 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.
Myopia and presbyopia treatment market data book summary
| Market revenue in 2023 | USD 573.3 million |
| Market revenue in 2030 | USD 981.5 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Myopia |
| Fastest growing segment | Presbyopia |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Canada accounted for 3.1% of the global myopia and presbyopia treatment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. myopia and presbyopia treatment market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 981.5 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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Canada 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 58.35% in 2023. Horizon Databook has segmented the Canada myopia and presbyopia treatment market based on myopia, presbyopia covering the revenue growth of each sub-segment from 2018 to 2030.
According to CAO report, 30% of the Canadian populations expected to be myopic and in addition to its increasing prevalence, myopia is occurring at early ages and progressing at a rate faster than seen in previous generation.
Furthermore, Canadian Association of Optometrists (CAO) understanding the severity of health issue is involved in providing information and education to the doctors, patients and other stakeholders about the prevention, diagnosis and treatment procedures for myopia and its complication expected to play a significant role in the growth of the market.
A significant number of most common vision correction surgeries are undertaken for myopia and presbyopia. Environmental factor, such as longer screen time, longer hour spent on reading & writing, and limited outdoor activities can be attributed to high prevalence of eye disorders in Canada.
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Target buyers of Canada 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 country-level data and insights on the Canada myopia and presbyopia treatment market , including forecasts for subscribers. This country databook contains high-level insights into Canada myopia and presbyopia treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada myopia and presbyopia treatment market size, by type, 2018-2030 (US$M)
Canada Myopia And Presbyopia Treatment Market Outlook Share, 2023 & 2030 (US$M)
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