The ophthalmic medical consumables market is nearly 10 billion, and these segments have high growth

【Pharmaceutical Network Market Analysis】The number of eye disease patients in China is large, with the aging of the population, the wide use of electronic products, the prospect of the ophthalmic track, the potential of the ophthalmic medical consumables market should not be
underestimated.
Frost & Sullivan data shows that in 2021, the market size of ophthalmic medical consumables in China has reached 7.
4 billion yuan, with great
potential.
From the perspective of ophthalmic medical consumables subdivisions, some subdivisions have high growth, including orthokeratology lenses, intraocular lenses, decorative color contact lenses, etc
.
Among them, orthokeratology lenses (OK lenses) are one of
the main ways to correct vision and prevent and control myopia in adolescents.
Data show that in 2018, the total number of myopia among children and adolescents in the country exceeded 100 million, and the market demand for OK mirrors will continue to expand
in the case of increased learning pressure and frequent use of electronic products among children and adolescents.
In 2020, the domestic OK mirror market size has exceeded 10 billion yuan, and will further increase to 12.
532 billion yuan by 2021, and the average annual compound growth rate of the market size has reached 24.
8%
from 2012 to 2021.
From the perspective of market structure, most of the current market share of OK mirror track is occupied by imported brands, domestic enterprises such as OPCOM Vision, Aibo Medical, etc.
have gradually developed momentum in recent years, coupled with the support of myopia prevention and control and other related policies, the industry expects that the "domestic substitution" process in this field will accelerate, and the competition pattern of the OK mirror market may change
in the future.
Surgical implantation of intraocular lenses is currently the main treatment of cataracts, and with the aging of the population, the proportion of people suffering from cataracts will further increase
.
According to this estimate, the number of cataract patients over 60 years old in China may have exceeded 200 million, that is, one in every 7 Chinese people is a cataract patient
.
The large patient population will lead to an increase in the demand for cataract surgery, thereby driving the demand for intraocular lenses in
China.
In the past, the intraocular lens market was also basically dependent on foreign products and was expensive
.
In recent years, domestic intraocular lenses have been launched one after another, gradually breaking the monopoly of imported manufacturers in the field of high-end intraocular lenses, but overall, most of the current domestic intraocular lenses are still in the low-end development stage
.
With the centralized procurement of intraocular lenses in many provinces, the industry believes that the localization process of intraocular lenses is expected to accelerate
.
Decorative colored contact lenses are soft cosmetic contact lenses
that enhance coloring in the peripheral iris area of the optical region in order to change the color of the wearer's iris.
In recent years, the decorative color contact lens market has also ushered in a vigorous development, capital has continued to increase, and industry mergers and acquisitions are also frequent
.
The analysis believes that decorative color contact lenses have certain fashion attributes, and the product change speed is faster
than other medical device products.
For domestic production enterprises, continuing to strengthen the construction of the supply chain system and expand production capacity will help keep up with the pace of market development and obtain more opportunities
.
Conclusion The industry believes that there is still an unmet demand in the domestic ophthalmic medical consumables market, and innovative products and technologies are urgently needed, with the help of domestic alternative air outlets, orthokeratology lenses, intraocular lenses, decorative color contact lenses and other subdivisions are expected to obtain a new round of development opportunities
.
However, domestic enterprises also need to see the gap, should continue to strengthen technological innovation, increase market development, in order to have more confidence and ability to compete
with importers.
Disclaimer: Under no circumstances does the information or opinions expressed in this article constitute investment advice
to anyone.