Astigmatism Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034
The 7 major astigmatism markets reached a value of US$ 1.3 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 1.9 Billion by 2034, exhibiting a growth rate (CAGR) of 3.49% during 2024-2034.
The astigmatism market has been comprehensively analyzed in IMARC's new report titled "Astigmatism Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Astigmatism refers to a common eye condition that affects the way light enters the eye, causing blurred or distorted vision. In this disease, the cornea (front surface of the eye) or the lens inside the eye has an irregular shape, due to which light rays focus on multiple points rather than a single point on the retina. Individuals suffering from the ailment may experience eye strain, fatigue, distorted or tilted vision, eye discomfort, headaches, squinting, trouble seeing at night, difficulty focusing, etc. The diagnosis of astigmatism is typically made through a detailed medical history assessment, a clinical feature evaluation, and an eye examination by an ophthalmologist. The healthcare provider will conduct refraction tests using a phoropter to measure the amount of refractive error in patients. Corneal topography may also be recommended to obtain a comprehensive map of the cornea's curvature that helps to detect any irregularities or abnormalities indicative of the illness. In some cases, additional workups, such as visual acuity tests, keratometry, retinoscopy, etc., are utilized to confirm a diagnosis and rule out other possible causes.
The rising cases of trauma to the eye, such as a penetrating injury, which can alter the shape of the cornea or lens, are primarily driving the astigmatism market. Furthermore, the increasing prevalence of genetic predisposition that results in gene variations, thereby affecting the development of the cornea, lens, and other components of the eye, is also propelling the market growth. Besides this, the widespread adoption of orthokeratology, since it involves wearing specially designed gas-permeable contact lenses overnight to reshape the cornea and correct astigmatism, is acting as another significant growth-inducing factor. Additionally, the inflating usage of vision therapy, involving a series of exercises and techniques that aim to improve visual skills as well as reduce disease-related symptoms, is further bolstering the market growth. Apart from this, the escalating demand for laser-assisted in situ keratomileusis (LASIK) procedure, owing to its numerous advantages, such as correcting vision problems, providing relatively faster results, and enhancing the quality of life in patients, is expected to drive the astigmatism market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the astigmatism market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for astigmatism and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the astigmatism market in any manner.
Time Period of the Study
Base Year: 2023
Historical Period: 2018-2023
Market Forecast: 2024-2034
Countries Covered
United States
Germany
France
United Kingdom
Italy
Spain
Japan
Analysis Covered Across Each Country
Historical, current, and future epidemiology scenario
Historical, current, and future performance of the astigmatism market
Historical, current, and future performance of various therapeutic categories in the market
Sales of various drugs across the astigmatism market
Reimbursement scenario in the market
In-market and pipeline drugs
Competitive Landscape:
This report also provides a detailed analysis of the current astigmatism marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Drug Overview
Mechanism of Action
Regulatory Status
Clinical Trial Results
Drug Uptake and Market Performance
Late-Stage Pipeline Drugs
Drug Overview
Mechanism of Action
Regulatory Status
Clinical Trial Results
Drug Uptake and Market Performance
Key Questions Answered in this Report:
Market Insights
How has the astigmatism market performed so far and how will it perform in the coming years?
What are the markets shares of various therapeutic segments in 2023 and how are they expected to perform till 2034?
What was the country-wise size of the astigmatism market across the seven major markets in 2023 and what will it look like in 2034?
What is the growth rate of the astigmatism market across the seven major markets and what will be the expected growth over the next ten years?
What are the key unmet needs in the market?
Epidemiology Insights
What is the number of prevalent cases (2018-2034) of astigmatism across the seven major markets?
What is the number of prevalent cases (2018-2034) of astigmatism by age across the seven major markets?
What is the number of prevalent cases (2018-2034) of astigmatism by gender across the seven major markets?
How many patients are diagnosed (2018-2034) with astigmatism across the seven major markets?
What is the size of the astigmatism patient pool (2018-2023) across the seven major markets?
What would be the forecasted patient pool (2024-2034) across the seven major markets?
What are the key factors driving the epidemiological trend of astigmatism?
What will be the growth rate of patients across the seven major markets?
Astigmatism: Current Treatment Scenario, Marketed Drugs and Emerging Therapies
What are the current marketed drugs and what are their market performance?
What are the key pipeline drugs and how are they expected to perform in the coming years?
How safe are the current marketed drugs and what are their efficacies?
How safe are the late-stage pipeline drugs and what are their efficacies?
What are the current treatment guidelines for astigmatism drugs across the seven major markets?
Who are the key companies in the market and what are their market shares?
What are the key mergers and acquisitions, licensing activities, collaborations, etc. related to the astigmatism market?
What are the key regulatory events related to the astigmatism market?
What is the structure of clinical trial landscape by status related to the astigmatism market?
What is the structure of clinical trial landscape by phase related to the astigmatism market?
What is the structure of clinical trial landscape by route of administration related to the astigmatism market?