The market growth potential of rigid corneal contact lens is huge
In recent years, the market scale of rigid corneal contact lenses in China has been expanding, from 4.33 billion in 2016 to 8.88 billion in 2020, with a compound annual growth rate of 19.6%. It is expected that the market scale will increase to 23.28 billion yuan by 2025, with a compound annual growth rate of 21.3%. China has a large myopic population base, the learning burden of teenagers is heavier, the time to contact electronic products is too early, the myopic rate is increasing, and the age of myopic patients is getting younger and younger. However, the penetration rate of hard corneal contact lenses is low, so the potential market space of the industry is large. In the future, with the further promotion of market education, the penetration rate will deepen, The market scale of rigid corneal contact lens will increase rapidly.
Rigid gas perfect contact lens (also known as RGP lens) is a kind of contact lens, which is used to correct ametropia
RGP is a hard contact lens, which adjusts the position of light focus to correct vision. RGP is divided into day wear type and night wear type. RGP lens is worn on the eye surface based on the siphon principle. There is a layer of liquid suspension between the eye and RGP lens, which has better oxygen permeability. Moreover, the lens does not directly contact the cornea, has less damage to the cornea, and is more suitable for wearing for a long time.
According to the research report released by who in 2018, there are 600 million myopia patients in China, and the juvenile myopia rate continues to rank first in the world
Due to the increasing learning burden of Chinese teenagers and the large base of myopic children and teenagers, the penetration rate of corneal plastic lens is low, which can not meet the market demand, and the penetration rate will continue to grow. People with high myopia are suitable to correct ametropia through rigid corneal contact lens. Daily wearing RGP can perfectly make up for the correction limitation of corneal shaping lens. The number of people with high myopia continues to increase. With the deepening of market promotion, the market potential of daily wearing RGP is huge.
The scarcity of optometrist resources affects the growth of hard corneal contact lens market
The fitting process of rigid corneal contact lenses is cumbersome. A variety of precision instruments such as microscope, tonometer, ophthalmoscope and corneal topography instrument need to be used to carefully check the eye conditions of myopia patients. The choice of lens brand and parameters also depends on the professional technical ability and fitting experience of optometrists. However, the training level of Professional Optometrists in China is limited and the number is seriously insufficient. According to the data of the National Health Commission, the number of optometrists increased from 1487 in 2006 to 6218 in 2018, but it is still difficult to meet the huge market demand.
