MYOPIA CONTROL LENSES MARKET ANALYSIS

Regional Analysis

Global Myopia Control Lenses Market Regional Insights

• North America: North America is the largest market for myopia control lenses, which accounted for a market share of over 32.6% in 2022. North America is expected to have a significant market share in the myopia control lenses market. The region has a well-developed healthcare infrastructure and a high level of awareness about myopia and its management. The presence of key market players, technological advancements, and a strong research base contributes to the market growth in this region.Increasing concerns about myopia-related eye health issues and the emphasis on early intervention are driving the adoption of myopia control lenses.
• Europe: Europe is the second-largest market for myopia control lenses, which accounted for a market share of over 26.2% in 2022. Europe is another important market for myopia control lenses. The region has a high prevalence of myopia, especially in countries like Germany, France, and the U.K. Increasing awareness about myopia management and the long-term impact of myopia on eye health are propelling the demand for myopia control lenses. Furthermore, the European market benefits from advancements in lens technology, research collaborations, and a proactive approach towards myopia control.
• Asia Pacific: Asia Pacific is the fastest-growing market for myopia control lenses, which accounted for a market share of over 20.7% in 2022. The Asia Pacific region is experiencing a significant increase in myopia cases, particularly among younger populations. Countries such as China, Japan, South Korea, and Singapore have witnessed a high prevalence of myopia and are actively addressing this public health concern. The rising awareness about myopia control and the strong emphasis on children's eye health in these countries are driving the demand for myopia control lenses. The presence of a large population and increasing disposable income levels contributes to market growth in this region.

Figure 1. Global Myopia Control Lenses Market Share (%), By Region, 2023

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa