Global Orthokeratology Market was Worth US$ 37.6 Million in 2017 and is Expected to Grow at a CAGR of 7.0% between 2018 and 2026

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Orthokeratology
Orthokeratology

Insights into the Orthokeratology Market

Orthokeratology (Ortho-k) is a procedure in which specially designed contact lenses are used to temporarily reshape the outline of the cornea in order to reduce myopia (nearsightedness). It is a non-surgical procedure that has the advantage of lower risk when compared to refractive surgery. Ortho-k contact lenses, also known as corneal reshaping contact lenses or overnight contact lenses, are used to correct or control myopia.

These lenses are used to correct refractive errors, most notably nearsightedness, astigmatism, and hyperopia. Ortho-k is also used in some cases to correct presbyopia and to slow the progression of childhood myopia. According to a 2015 study published by the American Academy of Optometry, the use of Orthokeratology Market lenses resulted in a consistent reduction in myopia progression of around 45 percent over a two-year period and 30 percent over a three-year period. 

Furthermore, prolonged use of laptops, smartphones, and tablets causes digital eye strain, which leads to permanent eye damage in children and the young population. Orthokeratology is best suited for young people whose nearsightedness is deteriorating over time. All of these factors will eventually increase demand for ortho-K, propelling the orthokeratology industry forward.

The growing prevalence of myopia and high myopia around the world is expected to drive Growth in The Orthokeratology Market. Myopia and high myopia are becoming increasingly common around the world. Myopia is a major public health concern, and high myopia is the leading cause of visual impairment in the world. According to the National Center for Biotechnology Information (NCBI) 2016 report, nearly half of the urban population in East Asia suffered from myopia, with the prevalence among students hovering around 90%.

Furthermore, the onset of visual complications due to myopia occurs earlier than other causes of blindness, such as cataracts, and thus its impact on quality of life is observed earlier. According to a 2018 study published in the Eye Contact Lens journal, the economic burden of eye diseases in the United States is approximately US$ 139 billion, with nearly US$ 16 billion spent on myopia correction alone. As a result, methods for preventing myopia and controlling its progression are in high demand of Orthokeratology Market all over the world.

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