Scleral Lens Market
Number of pages: 100 | Report Format: PDF | Published date: March 21, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023-2031
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Report Attribute |
Details |
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Market Size Value in 2022 |
US$ 220.0 million |
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Revenue Forecast in 2031 |
US$ 321.4 million |
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CAGR |
4.3% |
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Base Year for Estimation |
2022 |
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Forecast Period |
2023-2031 |
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Historical Year |
2021 |
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Segments Covered |
Type, Application, End User, and Region |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global scleral lens market was valued at US$ 220.0 million in 2022 and is expected to register a revenue CAGR of 4.3% to reach US$ 321.4 million by 2031.
Scleral Lens Market Fundamentals
A scleral lens is a type of contact lens that is larger in diameter than traditional contact lenses and rests on the sclera (the white part of the eye) rather than the cornea (the clear front surface of the eye). Scleral lenses are designed to create a tear-filled chamber between the lens and the cornea, which can treat various eye conditions, such as dry eye syndrome, keratoconus, corneal ectasia, and other corneal irregularities. Scleral lenses are custom-made to fit the individual’s eye, and they are often made from a highly gas-permeable material to allow oxygen to reach the cornea. They can be a good option for people with difficulty wearing traditional contact lenses due to discomfort or irritation. Scleral lenses correct vision defects, such as myopia, irregular cornea, ocular surface disease, refractive error, hyperopia, astigmatism, and presbyopia.
There are several types of scleral lenses. The mini scleral lenses are smaller in diameter than traditional ones and rest on the sclera without touching the cornea. Full scleral lenses cover the entire sclera and rest on the conjunctiva, the thin membrane that covers the sclera. Semi-scleral lenses are larger than traditional gas-permeable lenses but smaller than full-scleral lenses. They rest partially on the sclera and partially on the cornea. Hybrid scleral lenses combine a rigid gas-permeable center with a soft outer skirt that rests on the sclera. Custom scleral lenses are tailored to the individual’s eye shape and size to provide the best fit and vision correction.
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Scleral Lens Market Dynamics
Scleral lenses correct vision defects, such as myopia, irregular cornea, ocular surface disease, refractive error, hyperopia, astigmatism, and presbyopia. The rising prevalence of these disorders is projected to fuel revenue growth in the global scleral lens market. According to the World Health Organization, East Asian nations, including Singapore, South Korea, and Japan, have the highest frequency of myopia. According to a 2019 article from the National Center for Biotechnology Information, by the year 2050, nearsightedness and high myopia are anticipated to impact 4,949 million and 925 million individuals worldwide, respectively. The global scleral lens market is anticipated to develop due to myopia’s rising prevalence and spending on ophthalmic products, such as scleral lenses, as a remedy for refractive problems. Technological advancements have created more sophisticated scleral lenses that fit more comfortably and easily. For instance, digital scanning technology has allowed professionals to build more precise lenses that offer superior comfort and vision correction.
Patients are becoming more knowledgeable about the advantages of scleral lenses, such as their exceptional comfort and visual correction compared to conventional contact lenses. The global scleral lens market is expanding because more patients choose scleral lenses. Eye disorders and ailments that call for using scleral lenses, including keratoconus, are more common in the aging population. The need for scleral lenses is projected to rise as the population ages. As more medical professionals learn about the advantages of scleral lenses, they increasingly advise their patients to use them. The scleral lens market is expanding because more people are getting these lenses fitted. These factors are projected to fuel revenue growth in the scleral lens market in the upcoming years. Moreover, the market is expected to grow as more research is done and new technologies are created, opening new prospects for practitioners and patients.
The material, design, and production methods for scleral lenses have all undergone significant technological breakthroughs in the previous ten years. However, it is projected that the high prices of lens operations, such as lens charges, fitting charges, refitting costs, and other service charges, will restrain the usage of these products, hindering the revenue growth of the global scleral lens market.
Scleral Lens Market Ecosystem
The global scleral lens market has been analyzed from four perspectives: type, application, end user, and region.
Scleral Lens Market by Type
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Based on type, the global scleral lens market has been segmented into mini-scleral lenses and large scleral lenses.
The mini scleral lenses segment accounted for the largest global scleral lens market revenue share due to the increased prevalence of keratoconus, dry eye syndrome, and other ocular diseases and the development of technologically advanced lenses in the segment. Also, the benefits of micro contact lenses over soft lenses led to an exceptional rise in demand for these lenses, which strengthened the business globally.
On the other hand, the large scleral lenses segment is projected to grow at a high revenue CAGR during the forecast period. The primary reasons influencing the segment’s revenue growth are the increasing usage of larger lenses in treating patients with ocular illnesses, including Keratoconus, and the increased public awareness of large lenses.
Scleral Lens Market by Application
Based on application, the global scleral lens market has been segmented into ocular surface disease, irregular cornea, refractive error, and others.
The ocular surface disease segment accounts for the largest global scleral lens market revenue share. This can be due to the increased prevalence of dry eye disease, a relatively prevalent ocular surface illness. If the eye is not treated with the appropriate treatment choice as soon as possible, it may result in irreversible vision loss. Consequently, it is expected to accelerate the segment’s market revenue growth.
Scleral Lens Market by End User
Based on end user, the global scleral lens market has been segmented into hospitals, eye clinics, and others.
The eye clinics segment accounts for the largest revenue share in the global scleral lens market. The rise in the number of private practitioners and processes for lens fitting in eye clinics is attributed to this trend. The U.S. Department of Labor Statistics reports that more than 49% of American optometrists work in independent offices. It is projected that the number of optometrists who work independently will increase, driving up demand for eye clinics and the market as a whole. Additionally, the growing accessibility and awareness of scleral products through local reach, market participants focus on distributing their goods through eyecare professionals, and eye clinics’ patient-tailored approach are predicted to fuel segment revenue growth throughout the forecast period.
Scleral Lens Market by Region
Based on region, the global scleral lens market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America accounts for the largest global scleral lens market revenue share. Because of the increased prevalence of eye injuries and disorders primarily driving revenue growth, the United States is one of the important countries in the scleral lens market. For instance, the National Eye Institute estimates that in 2022, about 12 million Americans will have impaired vision. By 2030, the number is anticipated to rise even more, reaching almost 50 million. Also, according to research from the Centers for Disease Control and Prevention, around 54 million people in the United States who used scleral lenses in 2019 were adults aged 18 or older, making up about 22.1% of the country’s adult population. During the projected period, this increase is anticipated to fuel the revenue growth of scleral lenses in the country. Also, the market expansion in the region is due to key players’ growing R&D activity, alliances, and unique product releases.
The scleral lens market in the Asia Pacific region is expected to experience significant revenue growth in the coming years. This revenue growth is driven by several factors, including an increased prevalence of various eye diseases and conditions, rising demand for technologically advanced and innovative contact lenses, and a growing aging population. Japan accounts for the largest market share due to the high prevalence of myopia and the large aging population. China and India are also expected to experience substantial revenue growth in the scleral lens market due to the increasing prevalence of eye diseases and a growing demand for advanced contact lenses.
The scleral lens market in Latin America and the Middle East & Africa is projected to show promising revenue growth in the upcoming years with a high revenue CAGR. This may result from growing consumer knowledge of scleral products and recent changes in the healthcare market. Additionally, government-sponsored awareness campaigns fuel the demand for these lenses, which boosts the diagnosis and treatment rates for ocular disorders in these countries.
Scleral Lens Market Competitive Landscape
The prominent players operating in the global scleral lens market are:
Scleral Lens Market Strategic Developments
The global scleral lens market is expected to grow at a revenue CAGR of 4.3% during the forecast period.
Bausch Health Companies Inc., ABB Optical Group, Art Optical Contact Lens, Inc., CooperVision, Inc., and EssilorLuxotica are among the key players in the global scleral lens market.
The mini scleral lenses segment accounts for the largest revenue share in the global scleral lens market.
An increase in the prevalence of disorders, such as myopia, corneal irregularity, refractive error, and technological advancements are a few factors driving the revenue growth of the global scleral lens market.
The high cost of scleral lenses and the lack of unskilled professionals opting for these lenses are a few of the challenges that would affect the revenue growth of the global scleral lens market.
*Insights on financial performance are subject to the availability of information in the public domain