China Myopia And Presbyopia Treatment Market Size & Outlook
China myopia and presbyopia treatment market, 2018-2030 (US$M)
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China myopia and presbyopia treatment market highlights
- The China myopia and presbyopia treatment market generated a revenue of USD 897.7 million in 2023 and is expected to reach USD 1,939.5 million by 2030.
- The China market is expected to grow at a CAGR of 11.6% 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 897.7 million |
| Market revenue in 2030 | USD 1,939.5 million |
| Growth rate | 11.6% (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, China accounted for 4.8% 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 Asia Pacific, China myopia and presbyopia treatment market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,768.1 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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China 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 59.92% in 2023. Horizon Databook has segmented the China myopia and presbyopia treatment market based on myopia, presbyopia covering the revenue growth of each sub-segment from 2018 to 2030.
China is expected to experience growth over the forecast period, due to the presence of several small land large-scale optical lens manufacturing companies in regions of Guangdong, Jiangsu, & others, involved in both exporting & importing of eye wear.
In addition, the growing burden of myopia in China is expected to increase the demand for treatment. According to the Ministry of Health report, 36.5% of the fourth graders and 65.3% of the eighth graders in China had poor vision in 2018.
The high incidence of myopia in children is expected to increase demand for prescription lenses in China, as eye surgical methods have age limitations. However, the Chinese government is taking initiates to reduce the prevalence of myopia, such as the 5-year action plan for eye health, awareness programs, and others.
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Target buyers of China 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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Horizon Databook provides a detailed overview of country-level data and insights on the China myopia and presbyopia treatment market , including forecasts for subscribers. This country databook contains high-level insights into China myopia and presbyopia treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China myopia and presbyopia treatment market size, by type, 2018-2030 (US$M)
China Myopia And Presbyopia Treatment Market Outlook Share, 2023 & 2030 (US$M)
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