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Scleral Lens Market Report Scope & Overview

The Scleral Lens Market size was valued at USD 319.78 Million in 2023 and is expected to reach USD 1197.36 Million By 2031 and grow at a CAGR of 15.8% over the forecast period of 2024-2031.

The global market for scleral lenses, which are specialised contact lenses created to cover the entire corneal surface and rest on the sclera (white area of the eye), is referred to as the Scleral Lens Market. Scleral lenses are often used to treat a number of eye problems, such as keratoconus, uneven corneas, and severe dry eye syndrome. They are bigger than conventional contact lenses. Due to a number of variables, the scleral lens industry has been rapidly expanding in recent years. First of all, scleral lenses are now a feasible choice for a wider group of patients thanks to developments in technology and materials that have improved their comfort and fit. The growing demand for scleral lenses is also influenced by the ageing population and the rising frequency of eye problems.

Scleral Lens Market Revenue Analysis

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Scleral lenses come in a variety of sizes and shapes, including mini-scleral lenses, large-diameter lenses, and Toric scleral lenses. These lenses are often produced by specialised contact lens firms and are typically recommended by eye care specialists like optometrists and ophthalmologists. The market for scleral lenses is impacted by a number of variables, including the availability of cutting-edge lens designs, improvements in manufacturing processes, regulatory frameworks, and reimbursement policies. With multiple significant competitors operating on a worldwide scale, it is a dynamic and competitive market. Scleral lenses are used to treat vision problems like presbyopia, hyperopia, astigmatism, uneven corneas, ocular surface disease, and myopia. Over the course of the projection period, it is anticipated that this disease's rising prevalence will drive the scleral lens market. According to the World Health Organisation, East Asian nations, including Singapore, South Korea, and Japan, have the highest frequency of myopia. According to a 2019 article from the National Centre for Biotechnology Information, by the year 2050, myopia and high myopia are both predicted to impact 4,950 million and 926 million individuals worldwide, respectively.

Market Dynamics
Drivers

  • The need for scleral lenses has been pushed by the increasing frequency of eye disorders such as keratoconus, uneven corneas, and severe dry eye syndrome.

  • Blindness and eye conditions are becoming more prevalent.

In the upcoming years, the prevalence of various eye conditions such as myopia, astigmatism, and presbyopia is expected to increase, driving demand for scleral contact lenses.

Restrain

  • Scleral lenses have a higher price tag than conventional contact lenses because of their customised, specialised design and production methods.

  • Scleral lenses are used when other contact lenses are ineffective.

Patients who are unable to locate the proper contact lenses to treat their visual problems can benefit from scleral lenses. Scleral lenses are preferable to gas-permeable lenses in terms of comfort, visual clarity, and stability. A scleral lens with a larger overall diameter is frequently beneficial for patients with ocular surface illnesses; however, this lens eventually needs advanced toric peripheral systems to align with the sclera. Scleral lenses are frequently the only practical solution in situations involving corneal irregularity or extreme sensitivity. The scleral lens market is being driven by these advantages.

Opportunity

  • Scleral lens design, comfort, and optical results may all be improved with ongoing technological and material breakthroughs.

  • Manufacturers can create a Scleral market.

Manufacturers will be able to create scleral lenses, such as bifocal scleral lenses, which are useful for treating a variety of diseases, including the correction of presbyopia, thanks to advancements in R8D lens design.

Challenge 

  • Despite rising awareness, scleral lenses continue to be poorly understood by both patients and certain eye care providers.

  • Optometrists and ophthalmologists need specialised training to prescribe these lenses.

The demand and supply for scleral lenses are segmented and examined for each distribution channel, including eye clinics, hospitals, and others. Of these, the segment for eye clinics is anticipated to expand significantly over the projection period.

Impact of Russia and Ukraine-War

Russian military troops began a military operation in Ukraine in February 2022, and it is expected that there will be ongoing violence and unrest in the area. The length, impact, and outcome of this ongoing military conflict are highly unpredictable and could cause significant market and other disruptions. These include significant volatility in commodity prices and the supply of energy resources, instability in financial markets, interruptions in supply chains, political and social unrest, Changes in consumer or buyer tastes, trade disputes or trade obstacles, as well as an uptick in cyberattacks and espionage.

Significant sanctions against Russia, Belarus, the Crimea Region of Ukraine, the so-called Donetsk People's Republic, and the so-called Luhansk People's Republic have been implemented as a result of the war by the United States, the European Union, the United Kingdom, Canada, Switzerland, Japan, and other nations. These sanctions include, among other things, blocking sanctions against some of the largest state-owned and private Russian financial institutions (and their subsequent removal from the Society for Worldwide). According to the Ministry of Internal Affairs and Communications, the average retail price in East Asia for a package of 90 soft contact lenses was $77 in February, an increase of 10.5% from five years earlier. An industry source reported that Johnson & Johnson and other contact lens manufacturers recently increased pricing, an uncommon action in a market known for severe price competitiveness. One explanation for the rise is higher production costs. In addition to increased energy costs, labour expenses have also risen as a result of a lack of workers.

Impact of Ongoing Recession

The financial state of company clients, suppliers, and other business partners may also suffer as a result of the persistently unstable economic and financial market conditions. Customers may buy fewer of our items when their financial situations are bad, and we might not be able to recover accounts receivable, both of which might materially harm our company's operations or financial results. Our international business has suffered impacted by regional economic factors, such as inflation, rising labour costs, the recession, and currency exchange rate fluctuations, which negatively impacted our expenses to produce and deliver our goods and services as well as the money we made from the sale of such goods and services.

The company is dedicated to ongoing innovation. The value of products to our installed customer base, which consists of Global 10,000 enterprises (G10K), SMBs, and consumers, increases as a result of our efforts in R&D. According to estimated total revenues, the G10K includes the largest governments and businesses in the world. organisations Greater distribution and cross-selling potential result from more valuable items when combined with our well-established worldwide partner programme, which helps us further achieve organic growth. The company have spent a total of $1.22 billion, or 12.4% of total sales, on research and development during the last three fiscal years. The company aim to allocate 13% to 15% of revenues per year for R&D expenses.

Market Segmentation

By Type

  • Mini

  • large

By Indication

  • Surface Ocular Disease

  • Corneal Irregularity

  • Refractive Error

  • Others

By End-user

  • Hospital

  • Eye clinic

  • other

Scleral-Lens-Market Segmentation Analysis

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REGIONAL COVERAGE

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • South Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of the Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Regional Analysis

North America: On the global market for scleral lenses, North America is anticipated to account for the lion's share. Due to the increasing prevalence of eye disorders and injuries that are primarily driving the expansion, the United States is one of the most important countries in the scleral lens market. For instance, the National Eye Institute estimates that 13 million Americans will have impaired eyesight by 2023. By 2030, it is anticipated that there will be another increase in the number, bringing it to over 50 million. In addition, the Centres for Disease Control and Prevention reported that in 2020, there would be 55 million people in the United States who wore scleral lenses and who were 18 or older, making up around 22.3% of the adult population.

Asia-Pacific: Asia-Pacific is the region that dominates the global semiconductor market. 92% of vision loss is avoidable, and 63% of the world's visually impaired people reside in this area. For the approximately 511 million people who experience refractive vision issues, scleral lenses are useful. For a large number of people with ocular surface diseases, scleral lenses may be helpful. The growth in scleral lens awareness is due to Asia-Pacific accounting for the majority of the global scleral lens market.

Key Players

The major key players are Art Optical Contact Lens Inc, (VisionaryOptic) Euclid Systems, Bausch & Lomb, Cooper Vision, Acculens, Solotica, ABB Optical Group, EssilorLuxottica, Optact International Ltd., Valley Contax Inc. and others.

Euclid Systems-Company Financial Analysis

Company Landscape Analysis

Recent Development

CooperVision: For its Onefit MED and Onefit MED+ scleral contact lenses, CooperVision Specialty EyeCare released Optimised Pupil Optics (OPO) to eye care professionals (ECPs) in the United States and Canada in 2021.
Bausch Health Companies Inc: The New 28-Lens Zenlens Dx Set was introduced by Bausch Health Companies Inc. in 2021 in response to the rising demand for gas-permeable lenses to treat vision issues brought on by abnormalities in the cornea.

Scleral Lens Market Report Scope:
Report Attributes Details
Market Size in 2023  US$ 319.78 Mn
Market Size by 2031  US$ 1197.36 Mn
CAGR   CAGR of 15.8% From 2024 to 2031
Base Year  2023
Forecast Period  2024-2031
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Mini, and Large)
• By Indication (Surface Ocular Disease, Corneal Irregularity, Refractive Error, Others)
• By End-user (Hospital, Eye clinic, and other)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Art Optical Contact Lens Inc, (VisionaryOptic) Euclid Systems, Bausch & Lomb, Cooper Vision, Acculens, Solotica, ABB Optical Group, EssilorLuxottica, Optact International Ltd., Valley Contax Inc. and others
Key Drivers • The need for scleral lenses has been pushed by the increasing frequency of eye disorders such as keratoconus, uneven corneas, and severe dry eye syndrome.
• Blindness and eye conditions are becoming more prevalent.
Market Opportunities • Scleral lens design, comfort, and optical results may all be improved with ongoing technological and material breakthroughs.
• Manufacturers can create a Scleral market.

 

Frequently Asked Questions

Ans: The Scleral Lens Market size was evaluted USD 276.15 Million in 2022.

Ans: The Scleral Lens Market is growing at 15.4% Over the Forecast Period 2023-2030.

Ans: The Scleral Lens Market will hit USD 868.54 Billion by 2030.

Ans: Scleral lenses are reusable and long-lasting.

Ans: The major key players are Art Optical Contact Lens Inc, (VisionaryOptic) Euclid Systems, Bausch & Lomb, Cooper Vision, Acculens, Solotica, ABB Optical Group, EssilorLuxottica, Optact International Ltd., Valley Contax Inc. and others.

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of the Ukraine-Russia War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
4.3 Supply Demand Gap Analysis

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Scleral Lens Market Segmentation, by Type
8.1 Mini
8.2 large

9. Scleral Lens Market Segmentation, by Indication
9.1 Surface Ocular Disease
9.2 Corneal Irregularity
9.3 Refractive Error
9.4 Others

10. Scleral Lens Market Segmentation, by End-User
10.1 Hospital
10.2 Eye clinic
10.3 Other

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Scleral Lens Market by Country
11.2.2North America Scleral Lens Market by Type
11.2.3 North America Scleral Lens Market by Indication
11.2.4 North America Scleral Lens Market by End-User
11.2.5 USA
11.2.5.1 USA Scleral Lens Market by Type
11.2.5.2 USA Scleral Lens Market by Indication
11.2.5.3 USA Scleral Lens Market by End-User
11.2.6 Canada
11.2.6.1 Canada Scleral Lens Market by Type
11.2.6.2 Canada Scleral Lens Market by Indication
11.2.6.3 Canada Scleral Lens Market by End-User
11.2.7 Mexico
11.2.7.1 Mexico Scleral Lens Market by Type
11.2.7.2 Mexico Scleral Lens Market by Indication
11.2.7.3 Mexico Scleral Lens Market by End-User
11.8 Europe
11.8.1 Europe Scleral Lens Market by Country
11.8.2 Europe Scleral Lens Market by Type
11.8.3 Europe Scleral Lens Market by Indication
11.8.4 Europe Scleral Lens Market by End-User
11.8.6 Germany
11.8.6.1 Germany Scleral Lens Market by Type
11.8.6.2 Germany Scleral Lens Market by Indication
11.8.6.3 Germany Scleral Lens Market by End-User
11.8.7 UK
11.8.7.1 UK Scleral Lens Market by Type
11.8.7.2 UK Scleral Lens Market by Indication
11.8.7.3 UK Scleral Lens Market by End-User
11.8.8 France
11.8.8.1 France Scleral Lens Market by Type
11.8.8.2 France Scleral Lens Market by Indication
11.8.8.3 France Scleral Lens Market by End-User
11.9.9 Italy
11.3.9.1 Italy Scleral Lens Market by Type
11.3.9.2 Italy Scleral Lens Market by Indication
11.3.9.3 Italy Scleral Lens Market by End-User
11.3.10 Spain
11.3.10.1 Spain Scleral Lens Market by Type
11.3.10.2 Spain Scleral Lens Market by Indication
11.3.10.3 Spain Scleral Lens Market by End-User
11.3.11 The Netherlands
11.3.11.1 Netherlands Scleral Lens Market by Type
11.3.11.2 Netherlands Scleral Lens Market by Indication
11.3.11.3 Netherlands Scleral Lens Market by End-User
11.3.12 Rest of Europe
11.3.11.1 Rest of Europe Scleral Lens Market by Type
11.3.11.2 Rest of Europe Scleral Lens Market by Indication
11.3.11.3 Rest of Europe Scleral Lens Market by End-User
11.4 Asia-Pacific
11.4.1 Asia Pacific Scleral Lens Market by Country
11.4.2 Asia Pacific Scleral Lens Market by Type
11.4.3 Asia Pacific Scleral Lens Market by Indication
11.4.4 Asia Pacific Scleral Lens Market by End-User
11.4.6 Japan
11.4.6.1 Japan Scleral Lens Market by Type
11.4.6.2 Japan Scleral Lens Market by Indication
11.4.6.3 Japan Scleral Lens Market by End-User
11.4.7 South Korea
11.4.7.1 South Korea Scleral Lens Market by Type
11.4.7.2 South Korea Scleral Lens Market by Indication
11.4.7.3 South Korea Scleral Lens Market by End-User
11.4.8 China
11.4.8.1 China Scleral Lens Market by Type
11.4.8.2 China Scleral Lens Market by Indication
11.4.8.3 China Scleral Lens Market by End-User
11.4.9 India
11.4.9.1 India Scleral Lens Market by Type
11.4.9.2 India Scleral Lens Market by Indication
11.4.9.3 India Scleral Lens Market by End-User
11.4.10 Australia
11.4.10.1 Australia Scleral Lens Market by Type
11.4.10.2 Australia Scleral Lens Market by Indication
11.4.10.3 Australia Scleral Lens Market by End-User
11.4.11 Rest of Asia-Pacific
11.4.11.1 APAC Scleral Lens Market by Type
11.4.11.2 APAC Scleral Lens Market by Indication
11.4.11.3 APAC Scleral Lens Market by End-User
11.5 The Middle East & Africa
11.5.1 The Middle East & Africa Scleral Lens Market by Country
11.5.2 The Middle East & Africa Scleral Lens Market by Type
11.5.3 The Middle East & Africa Scleral Lens Market by Indication
11.5.4 The Middle East & Africa Scleral Lens Market by End-User
11.5.6 Israel
11.5.6.1 Israel Scleral Lens Market by Type
11.5.6.2 Israel Scleral Lens Market by End-User
11.5.6.3 Israel Scleral Lens Market by Indication
11.5.7 UAE
11.5.7.1 UAE Scleral Lens Market by Type
11.5.7.2 UAE Scleral Lens Market by Indication
11.5.7.3 UAE Scleral Lens Market by End-User
11.5.8 South Africa
11.5.8.1 South Africa Scleral Lens Market by Type
11.5.8.2 South Africa Scleral Lens Market by Indication
11.5.8.3 South Africa Scleral Lens Market by End-User
11.5.9 Rest of Middle East & Africa
11.5.9.1 Rest of Middle East & Asia Scleral Lens Market by Type
11.5.9.2 Rest of Middle East & Asia Scleral Lens Market by Indication
11.5.9.3 Rest of Middle East & Asia Scleral Lens Market by End User
11.6 Latin America
11.6.1 Latin America Scleral Lens Market by Country
11.6.2 Latin America Scleral Lens Market by Type
11.6.3 Latin America Scleral Lens Market by Indication
11.6.4 Latin America Scleral Lens Market by End-User
11.6.6 Brazil
11.6.6.1 Brazil Scleral Lens Market by Type
11.6.6.2 Brazil Scleral Lens Market by Indication
11.6.6.3 Brazil Scleral Lens Market by End-User
11.6.7 Argentina
11.6.7.1 Argentina Scleral Lens Market by Type
11.6.7.2 Argentina Scleral Lens Market by Indication
11.6.7.3 Argentina Scleral Lens Market by End-User
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Scleral Lens Market by Type
11.6.8.2 Rest of Latin America Scleral Lens Market by Indication
11.6.8.3 Rest of Latin America Scleral Lens Market by End-User

12. Company profile
12.1 Art Optical Contact Lens, Inc
12.1.1 Market Overview
12.1.2 Financials
12.1.3 Product/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 (VisionaryOptic) Euclid Systems
12.2.1 Market Overview
12.2.2 Financials
12.2.3 Product/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Bausch & Lomb
12.3.1 Market Overview
12.3.2 Financials
12.3.3 Product/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Cooper Vision
12.4.1 Market Overview
12.4.1 Financials
12.4.3 Product/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Acculens
12.5.1 Market Overview
12.5.2 Financials
12.5.3 Product/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Solotica
12.6.1 Market Overview
12.6.2 Financials
12.6.3 Product/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 ABB Optical Group
12.7.1 Market Overview
12.7.2 Financials
12.7.3 Product/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 EssilorLuxottica
12.8.2 Financials
12.8.3 Product/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Optact International Ltd.
12.9.1 Market Overview
12.9.2 Financials
12.9.3 Product/Services/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Valley Contax Inc
12.11.1 Market Overview
12.11.2 Financials
12.11.3 Product/Services/Offerings
12.11.4 SWOT Analysis
12.11.5 The SNS View

13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Types

14. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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