South Korea Myopia And Presbyopia Treatment Market Size & Outlook
South Korea myopia and presbyopia treatment market, 2018-2030 (US$M)
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South Korea myopia and presbyopia treatment market highlights
- The South Korea myopia and presbyopia treatment market generated a revenue of USD 411.7 million in 2023 and is expected to reach USD 885.9 million by 2030.
- The South Korea 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 411.7 million |
| Market revenue in 2030 | USD 885.9 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, South Korea accounted for 2.2% 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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South Korea 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 60.92% in 2023. Horizon Databook has segmented the South Korea myopia and presbyopia treatment market based on myopia, presbyopia covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea myopia and presbyopia treatment procedures market is expected to grow at a healthy rate over the forecast period. Increasing incidence of myopia and high myopia in Korean adult population is a major factor expected to drive growth.
According to the BMC Ophthalmology, the prevalence of myopia and high myopia in Korean children population was 65.4% and 6.9, respectively in 2016.
Since the prevalence is higher in younger population, which is uncomfortable in wearing spectacles, and the disposable income is increasing, the demand for management methods, such as contact lenses, progressive lenses, laser surgery, etc., is expected to rise.
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Target buyers of South Korea 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 South Korea myopia and presbyopia treatment market , including forecasts for subscribers. This country databook contains high-level insights into South Korea myopia and presbyopia treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea myopia and presbyopia treatment market size, by type, 2018-2030 (US$M)
South Korea Myopia And Presbyopia Treatment Market Outlook Share, 2023 & 2030 (US$M)
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