UK Myopia And Presbyopia Treatment Market Size & Outlook
UK myopia and presbyopia treatment market, 2018-2030 (US$M)
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UK myopia and presbyopia treatment market highlights
- The UK myopia and presbyopia treatment market generated a revenue of USD 713.9 million in 2023 and is expected to reach USD 1,232.6 million by 2030.
- The UK market is expected to grow at a CAGR of 8.1% 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 713.9 million |
| Market revenue in 2030 | USD 1,232.6 million |
| Growth rate | 8.1% (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, UK accounted for 3.8% 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 Europe, Germany myopia and presbyopia treatment market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,525.5 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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UK 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 61.61% in 2023. Horizon Databook has segmented the UK myopia and presbyopia treatment market based on myopia, presbyopia covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of this market can be attributed to the increasing prevalence of refractive errors in the UK. The Northern Ireland Childhood Errors of Refraction (NICER) study reports that 1 in 15 teenagers in the UK are myopic, and the prevalence percentage increased from 7.2% in 1960 to 16.4%, almost twice the number.
Furthermore, the presence of policies such as NHS-funded voucher, for buying spectacles and contact lenses, along with NHS funded eye tests for people belonging to specific categories & conditions, is expected to foster market growth.
The UK is the largest market for contact lens in Europe. According to the association of Contact Lens Manufacturer (SCLM), the UK market accounted for the 22% of all lens wearers in Europe. There are approximately 3.6 million contact lenses wearers, which accounted for approximately EURO 21.4 million.
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Target buyers of UK 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 UK myopia and presbyopia treatment market , including forecasts for subscribers. This country databook contains high-level insights into UK myopia and presbyopia treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK myopia and presbyopia treatment market size, by type, 2018-2030 (US$M)
UK Myopia And Presbyopia Treatment Market Outlook Share, 2023 & 2030 (US$M)
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