The 7 major adult myopia markets reached a value of USD 183.2 Million in 2024. Looking forward, IMARC Group expects the 7MM to reach USD 266.6 Million by 2035, exhibiting a growth rate (CAGR) of 3.47% during 2025-2035.
Report Attribute
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Key Statistics
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---|---|
Base Year |
2024
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Forecast Years | 2025-2035 |
Historical Years |
2019-2024
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Market Size in 2024
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USD 183.2 Million |
Market Forecast in 2035
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USD 266.6 Million |
Market Growth Rate 2025-2035 | 3.47% |
The adult myopia market has been comprehensively analyzed in IMARC's new report titled "Adult Myopia Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2025-2035". Adult myopia, also known as nearsightedness, is a common refractive eye disorder that affects individuals typically after the age of 18. In this condition, the eye's focusing power is stronger for nearby objects, making distant objects appear blurry. Myopia occurs when the eyeball is too long or the cornea's curvature is too steep, causing light beams to focus in front of the retina instead of directly on it. The symptoms of the ailment include difficulty seeing distant objects clearly, squinting, eye strain, headaches, and a tendency to sit or stand close to the TV or other screens. Individuals suffering from this illness might also face challenges in activities, such as driving, especially at night. Diagnosing adult myopia is usually done through a detailed eye exam conducted by an optometrist or ophthalmologist. The healthcare provider will also perform various workups, including a visual acuity test, a refraction test, and a comprehensive analysis of the eye's structure.
The increasing incidence of various associated risk factors, such as excessive near work, prolonged screen time, limited outdoor activities, etc., resulting in eye strain and elongation of the eyeball, is primarily driving the adult myopia market. In addition to this, the growing awareness among the population about the importance of vision correction and the availability of effective treatments is also creating a positive outlook for the market. Moreover, the widespread adoption of innovative treatments, such as orthokeratology, which involves wearing specialized gas permeable contact lenses to retain the shape of the cornea and correct myopia in individuals suffering from the ailment, is further bolstering the market growth. This non-invasive procedure helps to enhance visual acuity and slow down the disease's progression. Additionally, the inflating application of corneal collagen cross-linking therapy, that uses ultraviolet A (UVA) light and a photosensitizing riboflavin solution to strengthen chemical bonds in the cornea of the eye, thereby preventing further deterioration in patients, is acting as another significant growth-inducing factor. Besides this, the emerging popularity of gene therapy, which entails the insertion of corrective genes to rectify the aberrant genetic material responsible for the underlying condition, is expected to drive the adult myopia market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the adult myopia market in the United States, EU4 (Germany, Spain, Italy, and France), United Kingdom, and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for adult myopia and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the adult myopia market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current adult myopia marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Market Insights
Epidemiology Insights
Adult Myopia: Current Treatment Scenario, Marketed Drugs and Emerging Therapies