India Myopia And Presbyopia Treatment Market Size & Outlook
India myopia and presbyopia treatment market, 2018-2030 (US$M)
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India myopia and presbyopia treatment market highlights
- The India myopia and presbyopia treatment market generated a revenue of USD 648.6 million in 2023 and is expected to reach USD 1,398.3 million by 2030.
- The India 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 648.6 million |
| Market revenue in 2030 | USD 1,398.3 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, India accounted for 3.5% 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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India 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 65.51% in 2023. Horizon Databook has segmented the India myopia and presbyopia treatment market based on myopia, presbyopia covering the revenue growth of each sub-segment from 2018 to 2030.
India has shown significant growth in the eye care market, which provides quality care at low cost. As per IADF report, uncorrected refractive errors and cataract causes approximately of blindness in 80% of the population.
Understanding the seriousness of the issue, the government and several NGOs have together taken initiatives such as National Program for Control of Blindness. NGOs play a significant role in the elimination of avoidable blindness in India.
The eye care program is expected to increase awareness about eye health, available treatment procedures, and complications, driving adoption of ophthalmology care. Furthermore, India has waived a significant percentage tax for imports of ophthalmology equipment, which has led to more ophthalmology care companies collaborating with existing players.
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Target buyers of India 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 India myopia and presbyopia treatment market , including forecasts for subscribers. This country databook contains high-level insights into India myopia and presbyopia treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India myopia and presbyopia treatment market size, by type, 2018-2030 (US$M)
India Myopia And Presbyopia Treatment Market Outlook Share, 2023 & 2030 (US$M)
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