Myopia

Myopia

Global Market for Myopia Control Lenses

The global market for myopia control lenses is experiencing significant growth, with a projected value of US$ 3.63 billion by 2031. This represents a substantial increase from the estimated US$ 1.48 billion value in 2024. The market is expected to achieve a Compound Annual Growth Rate (CAGR) of 13.7% over the forecast period, indicating a strong demand for myopia control solutions.

Key Factors Driving Market Growth

The increasing prevalence of myopia, particularly among younger populations, is a key factor driving the growth of the myopia control lenses market. Additionally, advancements in technology and the development of innovative lens designs are expanding the range of options available to consumers. As awareness of the importance of myopia control grows, the market is expected to continue its upward trajectory, providing opportunities for both established companies and new entrants in the industry.