The Business Research Company’s 2026 market reports include new capabilities such as market attractiveness scoring and analysis, total addressable market analysis, company scoring matrix, interactive excel data dashboard, improved supply chain analysis, upcoming startups in the market, and overview of key products, aimed at improving the depth, usability, and strategic value of the insights delivered.
What Is The Expected Market Size Of The Myopia Treatment Devices Market From 2026 To 2030?
The myopia treatment devices market has demonstrated significant growth in recent years. It is projected to increase from $7.48 billion in 2025 to $8.17 billion in 2026, with a compound annual growth rate (CAGR) of 9.2%. The expansion observed in the past period can be linked to rising screen exposure, increasing pediatric myopia rates, growing eyewear adoption, changes in urban lifestyles, and greater awareness of vision correction.
The myopia treatment devices market is projected to experience substantial growth over the coming years. Its valuation is anticipated to reach $11.52 billion by 2030, expanding at a compound annual growth rate (CAGR) of 9.0%. Factors driving this growth during the forecast period include AI-based eye diagnostics, increased adoption of ortho-k, the rise of laser vision correction, the demand for preventive pediatric eye care, and personalized ophthalmic solutions. Key trends emerging in this period encompass myopia control lenses, early childhood vision correction strategies, non-surgical vision management techniques, customized vision therapy, and minimally invasive laser treatments.
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What Key Drivers Are Influencing The Growth Of The Myopia Treatment Devices Market?
The anticipated rise in eye disease cases is projected to boost the expansion of the myopia treatment devices market in the future. Eye diseases encompass a wide spectrum of ailments or conditions impacting the eye’s structure or function, which can lead to visual impairment. The growing occurrence of eye diseases stems from factors such as an aging demographic, increased screen usage, evolving lifestyles, and heightened exposure to environmental contaminants. Myopia treatment devices contribute to managing eye health by decelerating myopia’s advancement, enhancing visual acuity, and mitigating the likelihood of related complications, thus providing a preventative strategy for maintaining ocular health and improving the well-being of individuals impacted. For example, data from May 2024, provided by the Centers for Disease Control and Prevention, a US-based government agency, indicates that in 2024, 17.2% of Americans aged 40 and older, equating to approximately 20.5 million people, will experience cataracts in at least one eye, with projections estimating this figure to exceed 30 million by 2028. Consequently, the escalating incidence of eye diseases is fueling the expansion of the myopia treatment devices market.
Which Segments Are Included In The Analysis Of The Myopia Treatment Devices Market?
The myopia treatment devices market covered in this report is segmented –
1) By Product Type: Eye Glasses, Contact Lenses, Ortho-K Lenses, Phakic Intraocular Lenses, Excimer Laser Refractive Surgery Devices
2) By Treatment: Corrective Lenses, Laser Eye Surgery, Lens Implant Surgery
3) By End-Use: Hospitals And Clinics, Ophthalmic Centers, Retail stores, Online Channels
Subsegments:
1) By Eye Glasses: Single Vision Glasses, Multifocal Glasses
2) By Contact Lenses: Soft Contact Lenses, Rigid Gas Permeable (RGP) Contact Lenses, Hybrid Contact Lenses
3) By Ortho-K Lenses: Overnight Ortho-K Lenses, Daytime Ortho-K Lenses
4) By Phakic Intraocular Lenses: Anterior Chamber Phakic IOLs, Posterior Chamber Phakic IOLs
5) By Excimer Laser Refractive Surgery Devices: LASIK (Laser-Assisted in Situ Keratomileusis) Devices, PRK (Photorefractive Keratectomy) Devices, SMILE (Small Incision Lenticule Extraction) Devices
Which Trends Are Impacting The Growth Of The Myopia Treatment Devices Market?
Leading firms within the myopia treatment devices sector are concentrating on innovative and technologically advanced solutions, including cloud-based orthokeratology systems, to bolster their market standing and address the increasing need for effective myopia control methods. Orthokeratology lenses are unique contact lenses worn overnight that temporarily reshape the eye’s cornea, allowing for vision correction without requiring glasses or contacts during the day. As an illustration, Bausch + Lomb Corporation, an eye-health company based in Canada, introduced Arise, a novel orthokeratology lens system, in the United States in March 2025. This system incorporates cloud-based intelligent design tools to facilitate quicker and more accurate lens fitting. The Arise system features FDA-cleared shaping lenses designed to reduce myopia overnight by safely reshaping the cornea as the patient sleeps. This advancement intends to enhance fitting efficiency for eye-care specialists, decrease patient chair time, and assist clinicians in more effectively managing myopia in children. Furthermore, the system offers real-time data insights and design suggestions, allowing for more precise customization for young patients and improving treatment results.
Which Key Industry Participants Are Active In The Myopia Treatment Devices Market?
Major companies operating in the myopia treatment devices market are EssilorLuxottica S.A., Carl Zeiss Meditec AG, Alcon Inc., Hoya Corporation, Bausch & Lomb Incorporated, CooperVision Inc., Johnson & Johnson Vision Care Inc., Topcon Corporation, Menicon Co. Ltd., STAAR Surgical Company, Paragon Vision Sciences Inc., Ziemer Ophthalmic Systems AG, Euclid Systems Corporation, Art Optical Contact Lens Inc., Schwind Eye Tech Solutions GmbH, Kubota Pharmaceutical Holdings Co Ltd., Visioneering Technologies Inc., Eyerising International, Nidek Co Ltd., Falco Linsen AG
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Which Region Is Expected To Register The Fastest Growth In The Myopia Treatment Devices Market?
North America was the largest region in the myopia treatment devices market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the myopia treatment devices market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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