Astigmatism Market Overview

Blurred vision of eyes is a serious problem, and it is a symptom of various eye related disorders. One such disorder is astigmatism which is a type of refractive error in which the eye does not focus light evenly on the retina. This problem occurs due to an error in the shape of the cornea. The key symptoms of this problem include eyestrain, headache and trouble during driving at night. With lifestyle changes around the world due to consumerist culture, eye problems due to huge internet addiction and long computer hours, the market for astigmatism treatment is set to grow. The prevalence of astigmatism can vary with age. However, it has a high prevalence in the initial months of the infant, which drives the growth of the market.

Market Research Future (MRFR) has published a research report about the global astigmatism treatment market, which has predicted rapid growth for the market during the forecast period between 2022 and 2030. This research aims to provide a detailed analysis of the market structure, with a forecast for the next 7 years. It provides insights about factors that can affect market growth, potential revenue, expert opinions, growth potential for the market, key players, global research and development (R&D) joint ventures, mergers and acquisitions, new product launches, and strategic alliances. In this research, global astigmatism market has been divided on the basis of types, treatment, and end-users. By types, this market has been hyperopic astigmatism, myopic astigmatism, and others. On the basis of treatment, the market has been segmented into corrective lenses, orthokeratology (ortho-k), surgeries and others. Based on end-users, the Astigmatism Market has been segmented into hospital, clinics, and others.

Astigmatism is a common vision condition caused due to refractive error which leads to blurred vision. The imperfection in the curvature of eye's cornea causes astigmatism. Market Research Future (MRFR) has published a report asserting that the global astigmatism market is marked to expand at a significant growth rate during the forecast period of 2015-2022. 

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Astigmatism Market Segmentation

The global astigmatism market has been segmented on the basis of type, treatment, and end-user. Based on type, the global astigmatism market has been segmented into myopic astigmatism, hyperopic astigmatism, and others. Among these, the myopic astigmatism segment is anticipated to project significant growth in the global astigmatism market owing to the prevalence of astigmatism occurring with myopia. Based on treatment, the global astigmatism market has been segmented into corrective lenses, orthokeratology (ortho-k), surgeries and others. The corrective lenses segment commands for the largest share in the global astigmatism market owing to the increased utilization of these lenses by individuals suffering from astigmatism and also for aesthetic purposes. based on end-user, the global astigmatism market has been segmented into hospitals, clinics, and others. Among these, the hospitals segment is expanding at a noteworthy growth rate during teh assessment period owing to teh increasing healthcare infrastructure and development of effective treatments.

Astigmatism Market Regional Analysis

Geographically, the global astigmatism market has been segmented into four major regions such as North America, Asia Pacific, Europe, and the Middle East and Africa. Among these, the North America region commands for the largest share in the global astigmatism market. Rise in geriatric population, presence of well-developed healthcare sector and growing prevalence of astigmatism among elderly and adult population are propelling the expansion of the astigmatism market in the North America region. The Europe region commands for the second largest share in the global astigmatism market owing to the presence of prominent players and high awareness regarding astigmatism along with extensive research and development activities in the well-developed healthcare and pharmaceutical sector of this region. High patient population, growing awareness regarding the available treatments and government initiatives towards spreading awareness regarding astigmatism are fueling the growth of the astigmatism market in the Asia Pacific region. Poor healthcare infrastructure and lack of awareness are resulting in the slow growth of the astigmatism market in the Middle East and Africa region.

Competitive Dashboard:

The major players profiled by MRFR that are operating in the global astigmatism market are Bausch & Lomb Incorporated, CooperVision, Orion Vision Group, Novartis AG, Johnson & Johnson Services, Inc., and SeaVision USA. The players in the global astigmatism market are focusing on the expansion of their businesses by increasing their research and development expenditure for the launch of new and advanced treatment solutions. Innovative initiatives such as strategic mergers and acquisitions and attractive discounts on the range of products are aiding these players to sustain the competitive environment of the global astigmatism market. For instance, in August 2018, it has been announced that Mailmylens.com, an online eyewear retailer, has started a sale of a wide range of branded Toric lenses that are specially designed for patients with astigmatism. These lenses are also useful for preventing infections and allergies that lead to blurring of the vision

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