Global Multifocal Soft Contact Lenses for Myopia Control Supply, Demand and Key Producers, 2023-2029

Global Multifocal Soft Contact Lenses for Myopia Control Supply, Demand and Key Producers, 2023-2029

The global Multifocal Soft Contact Lenses for Myopia Control market size is expected to reach $ 208 million by 2029, rising at a market growth of 14.1% CAGR during the forecast period (2023-2029).

Not all of these myopia control soft contact lenses are available in all countries or eye care practices. A further consideration is local regulatory approvals - in the USA for example contact lenses are approved for use by the Federal Drugs and Administration (FDA). Myopia control contact lenses can be prescribed without FDA approval as 'off-label' use, but FDA approval provides assurance that a lens has been extensively tested and approved for safety and effectiveness. Currently the CooperVision MiSight 1 day lens is the only myopia control soft contact lens to have FDA approval.



The Mark'ennovy Mylo lens and Visioneering Technologies NaturalVue Multifocal 1 Day have European CE marking, which indicates suitability for the European market and is recognized in many countries, but is not an ‘approval’ of safety and efficacy as for the FDA indication. The Johnson & Johnson Acuvue Abiliti 1-Day, has received Health Canada approval for slowing myopia progression in children aged 7-12 years at the start of treatment.

Soft contact lenses offer an alternative option to spectacles for correcting vision. They are made from a flexible clear oxygen permeable material and fit to closely align with the front surface of the eye.

This report studies the global Multifocal Soft Contact Lenses for Myopia Control production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Multifocal Soft Contact Lenses for Myopia Control, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Multifocal Soft Contact Lenses for Myopia Control that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Multifocal Soft Contact Lenses for Myopia Control total production and demand, 2018-2029, (K Pairs)

Global Multifocal Soft Contact Lenses for Myopia Control total production value, 2018-2029, (USD Million)

Global Multifocal Soft Contact Lenses for Myopia Control production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Pairs)

Global Multifocal Soft Contact Lenses for Myopia Control consumption by region & country, CAGR, 2018-2029 & (K Pairs)

U.S. VS China: Multifocal Soft Contact Lenses for Myopia Control domestic production, consumption, key domestic manufacturers and share

Global Multifocal Soft Contact Lenses for Myopia Control production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Pairs)

Global Multifocal Soft Contact Lenses for Myopia Control production by Materials, production, value, CAGR, 2018-2029, (USD Million) & (K Pairs)

Global Multifocal Soft Contact Lenses for Myopia Control production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Pairs).

This reports profiles key players in the global Multifocal Soft Contact Lenses for Myopia Control market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include CooperVision, Johnson & Johnson, Visioneering Technologies and Mark'ennovy, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Multifocal Soft Contact Lenses for Myopia Control market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Pairs) and average price (US$/Pair) by manufacturer, by Materials, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Multifocal Soft Contact Lenses for Myopia Control Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Multifocal Soft Contact Lenses for Myopia Control Market, Segmentation by Materials
Non-ionic hydrogel
Silicone Hydrogel

Global Multifocal Soft Contact Lenses for Myopia Control Market, Segmentation by Application
Children
Teenagers

Companies Profiled:
CooperVision
Johnson & Johnson
Visioneering Technologies
Mark'ennovy

Key Questions Answered

1. How big is the global Multifocal Soft Contact Lenses for Myopia Control market?

2. What is the demand of the global Multifocal Soft Contact Lenses for Myopia Control market?

3. What is the year over year growth of the global Multifocal Soft Contact Lenses for Myopia Control market?

4. What is the production and production value of the global Multifocal Soft Contact Lenses for Myopia Control market?

5. Who are the key producers in the global Multifocal Soft Contact Lenses for Myopia Control market?