The global multifocal glasses for children market is anticipated to grow at a CAGR of 38.8% during the forecast period (2023-2030). Multifocal glasses contain many lens powers, which allow for clear vision for distance, reading, computer use, and other objects placed at an intermediate distance. One of the major factors driving the market includes the increasing technical product innovation by the major market players. For instance, in September 2022, Johnson & Johnson Vision Care, Inc., launched ACUVUE® OASYS MAX 1-DAY contact lenses and ACUVUE® OASYS MAX 1-Day MULTIFOCAL contact lenses for presbyopia. Designed with the technologies such as TearStable Technology and OptiBlue light filter to fulfill the unmet requirements of digitally intense lifestyles. TearStable™ Technology is designed to maximize tear-film stability and lock in moisture for exceptional all day comfort. The OptiBlue™ light filter has the highest level blue-violet filter in the industry at 60% to reduce light scatter for exceptional visual clarity, day to night. In addition, ACUVUE® OASYS MAX 1-Day lenses block 99.9% UVA rays and 100% UVB rays.
Some other factor bolstering the market growth includes the increasing government initiatives and the rising Food and Drug Administration (FDA) approvals. For instance, in June 2022, Johnson & Johnson Vision Care, Inc. has received clearance from the US FDA, approval from Health Canada, and completed CE Mark activities for the Acuvue Oasys Max 1-Day and Acuvue Oasys Max 1-Day multifocal contact lenses.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- By Type
- By Application
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Hoya Corp., Alcon Inc., Johnson & Johnson Vision Care, Inc.,
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Multifocal Glasses for Children Market Report Segment
By Type
- Plastic
- Polycarbonate
By Application
- Myopia
- Presbyopia
- Hyperopia
- Astigmatism
By End-User
- Hospital
- Optical Shop
Multifocal Glasses for Children Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Carl Zeiss AG.
- Rodenstock GmbH
- Nikon Corp.
- Shamir Optical Industry Ltd.
- VISION-EASE
- Shanghai Conant Optical Co., Ltd.
- Wanxin Group
- SEIKO OPTICAL PRODUCTS CO., LTD
- Bausch & Lomb Incorporation
- EyeKon Medical, Inc.
- Lenstec, Inc.
- HumanOptics AG
- STAAR Surgical Company
- Nidek, Co. Ltd
- Rayner Group
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