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Scleral Lens Market

Analysis by Type (Mini, Semi, and Full Scleral Lenses); by Distribution Channel (Eye Clinics, Hospitals, and Others); and by Application (Refractive Error, Ocular Surface Disease, Irregular Cornea, and Others) – Global Supply & Demand Analysis & Opportunity Outlook 2023-2033

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Report ID: 4449 | Published On: Feb 14, 2023
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Global Scleral Lens Market Size, Forecast, and Trend Highlights Over 2023 - 2033

The global scleral lens market is estimated to garner a revenue of USD 700.0 million by the end of 2033 by growing at a CAGR of ~16% over the forecast period, i.e., 2023 – 2033. Further, the market generated a revenue of USD 270.0 million in the year 2022. The growth of the market can primarily be ascribed to the rising prevalence of corneal diseases around the world. Furthermore, scleral lenses are designed for patients suffering from corneal irregularities in order to have a vision correction that is anticipated to boost the market’s growth. As per the data released by the World Health Organization (WHO), around 2.2 billion people worldwide were dealing with a near or far vision impairment by 2021.

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Scleral lenses are primarily used to treat visual issues and are more stable on the eyes than other types of lenses. These are the specially crafted gas permeable lenses for patients with keratoconus and other abnormalities of the cornea who need vision correction. According to estimates from a clinical study, by mid-2022, there were between 0.3 and 4,795 cases of keratoconus per 100,000 people and 1.4 and 25 cases per 100,000 people per year across the globe, Whereas, 21 to 30-year olds often have the said disorder at the highest rates in the Middle Eastern and Asian racial groups.


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Global Scleral Lens Market: Key Insights
cscs

Base Year

2022

Forecast Year

2023-2033

CAGR

~16%

Base Year Market Size (2022)

~ USD 270.0 Million

Forecast Year Market Size (2033)

~ USD 700.0 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)


Global Scleral Lens Market: Growth Drivers and Challenges

Growth Drivers

  • Worldwide Spike in Dry Eye Syndrome - Dry eye disease appears when an individual's tears are unable to provide appropriate lubrication for his or her eyes. This tear instability causes damage and inflammation to the surface of the eye. Thus, increasing incidences of dry eye syndrome are anticipated to expand the global scleral lens market’s growth. For instance, nearly 75% of Australians have experienced dry eye syndrome in 2020.

  • Boost in Corneal Transplants & Implants – Scleral lens can reduce the need for a corneal transplant, as it is one of the best options opted when the other treatments are not providing better vision to them. Similarly, it is also opted as a replacement for as corneal implants, that is further projected to drive the market’s growth. As per the estimated data, every year, around 47,000 people in the United States end up receiving corneal transplants.
  • Growing Prevalence of Myopia – There is a rise in the number of people suffering from myopia across the globe, and it is projected to drive the market’s growth in the upcoming years. As per the World Health Organization’s data, an estimated 2.6 billion individuals worldwide suffer from myopia.

  • Rise in Geriatric Population – As people age, it is very common to witness change in the vision such as having difficulty in distinguishing between colors, inability to see up distant or close. Hence, it is expected to surge the growth of the global scleral lens market over the forecast period. For instance, the population of individuals aged between 60 and above has increased from 1 billion in 2020 to 1.4 billion around the world.

  • Global Increase in Healthcare Expenditure – With the increasing healthcare expenditure, people are able to opt for  better treatment, and it is anticipated to rise the market’s growth. As per the World Bank data, in 2019, global healthcare expenditure was expanded by 9.83%.

Challenges

  • High Cost Associated with the Scleral Lenses Procedures- An array of lens procedures are expensive, including lens charges, fitting fees, refit fees, and other service fees. Furthermore, scleral lenses are customized according to the needs of each individual, and the fitting process is time-consuming, resulting in a higher cost for these lenses. Therefore, this factor is projected to limit market growth in the coming years.
  • Market Availability of Alternative Treatments
  • Requirement of Special Training for Optometrists and Ophthalmologists to Prescribe These Lenses

The global scleral lens market is segmented and analyzed for demand and supply by distribution channel into eye clinics, hospitals, and others, out of which, the eye clinics segment is projected to witness noteworthy growth over the forecast period. The growth of the segment can be accounted to the surge in various corneal disorders, and the increasing count of independent eye practitioners across the globe. Furthermore, there has been a rising number of lens treatment in the eye clinics around the world, that is projected to further boost the segment’s growth in the market. For instance, currently, there are approximately 330,744 optometrists worldwide.  Moreover, more than 40 percent of the optometrists are practicing in the independent office in the United States.

Moreover, the application segment is further divided into refractive error, ocular surface disease, irregular cornea, and others. Out of these, the ocular surface disease segment is expected to hold the largest market size in the upcoming years. This can be attributed to the rising number of people suffering from dry eye disease, that is a very common ocular surface disorder. Moreover, it can lead to permanent loss of vision if the eye is not treated on a timely basis with the correct treatment option. Hence, it is predicted to increase the growth of the segment in the market.


Market Segmentation

Our in-depth analysis of the global scleral lens market includes the following segments:

                            Type

  • Mini Scleral Lenses
  • Semi Scleral Lenses
  • Full Scleral Lenses

                     Distribution Channel

  • Eye Clinics
  • Hospitals
  • Others

                      Application

  • Refractive Error
  • Ocular Surface Disease
  • Irregular Cornea
  • Others


Global-Scleral-Lens-Market-regional.

Key Questions Answered in the Report

1) What are the major factors driving the growth of the scleral lens market?

Ans: Growing prevalence of myopia, rise in geriatric population, rising prevalence of corneal diseases around the world, and global increase in healthcare expenditure are estimated to majorly boost the market growth.

2) What would be the CAGR of scleral lens market over the forecast period?

Ans: The market is anticipated to attain a CAGR of ~16% over the forecast period, i.e., 2023 – 2033.

3) What are the challenges affecting the scleral lens market growth?

Ans: High cost associated with the scleral lens procedures, and requirement of special training for optometrists and ophthalmologists to prescribe these lenses is estimated to challenge the market growth.

4) Which region will provide more business opportunities for growth of scleral lens market in future?

Ans: The market in the North America region is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

5) Who are the major players dominating the scleral lens market?

Ans: The major players in the market are BostonSight, ESSILOR INTERNATIONAL SAS, SynergEyes, Inc., TruForm Optics Inc., Valley Contax Inc., Con-Cise Optical Group LLC, Bausch + Lomb Corporation, Menicon Co., Ltd., Johnson & Johnson Services, Inc., and others.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the scleral lens market?

Ans: The market is segmented by type, distribution channel, application, and by region.

8) Which segment captures the largest market size in distribution channel segment in the scleral lens market?

Ans: The eye clinics segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.

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