Global Contact Lenses For Myopia Control Market Growth 2025-2031

Global Contact Lenses For Myopia Control Market Growth 2025-2031

The global Contact Lenses For Myopia Control market size is predicted to grow from US$ 999 million in 2025 to US$ 1372 million in 2031; it is expected to grow at a CAGR of 5.4% from 2025 to 2031.

Contact lenses for myopia control are specially designed lenses that help slow the progression of nearsightedness (myopia) in children and young adults. These lenses work by reshaping the focus of light on the retina or providing dual-focus optics that reduce the eye's tendency to elongate, a key factor in worsening myopia. Available as either soft multifocal lenses or rigid gas permeable (RGP) lenses, they offer a convenient and non-invasive method to manage myopia progression while maintaining clear vision. Myopia control lenses are particularly important for reducing the risk of future eye health complications, such as retinal detachment or glaucoma, associated with high myopia.

By type, Multifocal Contact Lenses products account for the largest proportion by revenue, 57.52% in 2023, and there is a tendency to increase year by year.The growth rate of ortho-K lenses is faster. This is due to the fact that compared with multifocal contact lenses, ortho-k lenses are still in an upswing period in the industry, and the growth rate is expected to gradually slow down in a few years.

From a regional perspective, the contact lenses for myopia control industry in China has developed rapidly in recent years. This is due to the fact that the industry in China is still in the early stages of development and has the characteristics of low market penetration but rapid growth.

In summary, judging from the current environment, the contact lenses for myopia control products have an optimistic market prospect. With the advancement of the information age, people’s eye intensity is much higher than any period in the past, and the risk of refractive errors caused by eye fatigue has greatly increased, and the market demand for refractive errors and vision correction has shown rapid growth.

The competition among vendors will increase during the forecast period. Vendors will compete to deliver competitive advantages in the market on the basis of pricing, user-friendly interfaces, value-added benefits, and service portfolios. During the forecast period, we expect this competition to intensify with an increase in product extensions.

LP Information, Inc. (LPI) ' newest research report, the “Contact Lenses For Myopia Control Industry Forecast” looks at past sales and reviews total world Contact Lenses For Myopia Control sales in 2024, providing a comprehensive analysis by region and market sector of projected Contact Lenses For Myopia Control sales for 2025 through 2031. With Contact Lenses For Myopia Control sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Contact Lenses For Myopia Control industry.

This Insight Report provides a comprehensive analysis of the global Contact Lenses For Myopia Control landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Contact Lenses For Myopia Control portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Contact Lenses For Myopia Control market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Contact Lenses For Myopia Control and breaks down the forecast by Type, by Applicable Age, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Contact Lenses For Myopia Control.

This report presents a comprehensive overview, market shares, and growth opportunities of Contact Lenses For Myopia Control market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Multifocal Contact Lenses
Ortho-K Lenses

Segmentation by Applicable Age:
Hospital
Clinic

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
CooperVision
HOYA Vision Care Company
Johnson &Johnson Vision Care
Ovctek
EUCLID
Menicon
Lucid Korea
Seed
Eyebright
Brighten Optix
St.Shine Optical
Visioneering Technologies

Key Questions Addressed in this Report

What is the 10-year outlook for the global Contact Lenses For Myopia Control market?

What factors are driving Contact Lenses For Myopia Control market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Contact Lenses For Myopia Control market opportunities vary by end market size?

How does Contact Lenses For Myopia Control break out by Type, by Applicable Age?

Please note: The report will take approximately 2 business days to prepare and deliver.