According to a recent market study published by Growth Market Reports (GMR), titled, “Global Teenager Myopia Control Market by Product Types, Distribution Channels, and Region: Size, Share, Trends and Opportunity Analysis, 2017-2027”, the market was valued at US$ 553.2 Million in 2019 and is expected to grow at a healthy growth rate of 15.1 % by the year 2027. The global teenager myopia control market is anticipated to grow owing to increasing number of myopia patients. Further, growing focus on immunization programs, and increasing awareness among consumers for vaccine are the factors which is expected to drive the growth of the global teenager myopia control market.
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The global teenager myopia control market is fragmented based on product types, distribution channels, and region. Based on product types, the teenager myopia control market is segmented into spectacles, contact lens, ortho-K, and atropine. On the basis of distribution channels, the teenager myopia control market is segregated into hospitals, optometry clinics, and others. Based on region, the global Teenager Myopia Control market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, Asia Pacific is further segmented into, India, China, South Korea, Australia, Japan, and Rest of Asia Pacific. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Poland, and Rest of Europe, and the MEA region is further divided into Saudi Arabia, Egypt, Iran, Israel, South Africa, UAE, and Rest of Middle East & Africa (MEA).
In year 2020, the teenager myopia control market is expected to witness the slight growth of COVID 19 pandemic. However, the increased screen time in the lockdown situation is increasing the incidence of the myopia globally. Therefore, the market is anticipated to witness slight fluctuations in demand and supply for Teenager Myopia Control due to closing of international trades.
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As per GMR industry analyst Akshata Ahire, “The Global Teenager Myopia Control Market is anticipated to witness significant growth during forecast period 2021-2027 driven by increasing prevalence of myopia, rising screen time, growing number of diabetic patients, increasing incidence of distance vision impairment are expanding the market size. Since, growing awareness programs for myopia by government, and rising awareness concerning teenage myopia control in developing nations these factors possesses as an opportunity for this market. Key players in the market are actively focusing on R&D activities to control the prevalence of the myopia.”
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Report Metric |
Details |
Market Value in 2019 |
US$ 553.2 Million |
Market Growth Rate (from 2021 to 2027) |
15.1 % |
Historical Data |
2017 & 2018 |
Base Year |
2019 |
Forecast Period |
2020 – 2027 |
Units Considered |
Value (US$ Million) |
Market Segments |
By Product types , By Distribution Channels |
Regional Scope |
North America, Europe, Latin America, Asia Pacific, Middle East & Africa (MEA) |
Country Scope |
U.S., Canada, Brazil, Mexico, Rest of Latin America, India, China, Pakistan, Indonesia, Bangladesh, Rest of Asia Pacific, U.K., France, Germany, Italy, Spain, Poland, Rest of Europe, Nigeria, DR of Congo, Ethiopia, and Rest of MEA. |
Key Companies Profiled |
Bausch & Lomb, CooperVision, HOYA Corporation, Johnson & Johnson Vision |
Customization Scope |
Report customization available on request |
Pricing and Purchase Options |
Avail tailor-made purchase options to meet your research requirements. |
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