Global Optometry/Eye Exam Equipment Market, By Type (Retina and Glaucoma Examination Products, General Examination Products, Cornea and Cataract Examination Products), End User (Hospitals, Clinics, Ambulatory Surgical Centers, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Optometry/eye exam equipment market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 4.47 billion by 2028 grow at a CAGR of 6.70% in the above mentioned forecast period.
Optometry is the study of eyes and other visual systems applicable consequently for any defects or diseases. This study requires the association of mechanical equipment or devices that help the doctor or physician in discovering the defects or diseases in relation to the eyes.
The rapidly escalating government initiative to control visual impairment is amongst the important factors intensifying the growth and demand of optometry/eye exam equipment market. In addition, the growing healthcare expenditure across the world and increasing incidence of eye diseases are also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the increasing prevalence of ophthalmic disorders, particularly glaucoma, diabetic retinopathy and AMD is also enhancing the growth of the market. Likewise, the increasing demand for early and accurate detection of medical conditions along with introduction of advanced surgical ophthalmic devices are also lifting the market growth in the above mentioned forecast period. The rapid technological improvements in eye exam equipment and untapped emerging markets will further accelerate the expansion of the optometry/eye exam equipment market and are also are offering significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the increasing adoption of refurbished eye exam equipment and high price of eye examination equipment will curb the growth of the optometry/eye exam equipment market, whereas the lack of awareness and low availability to eye care in low-income economies has the potential to challenge the growth of the optometry/eye exam equipment market.
This optometry/eye exam equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on optometry/eye exam equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Optometry/Eye Exam Equipment Market Scope and Market Size
Optometry/eye exam equipment market is segmented on the basis of type and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the optometry/eye exam equipment market is segmented into retina and glaucoma examination products, general examination products, cornea and cataract examination products. Retina and glaucoma examination products have further been segmented into OCT scanners, fundus cameras, perimeters/visual field analyzers, ophthalmoscopes and retinoscopes. General examination products have further been segmented into autorefractors and keratometers, ophthalmic ultrasound systems, tonometers, slit lamps, lensmeters and chart projectors. Cornea and cataract examination products have further been segmented into wavefront aberrometers/analyzer, optical biometry systems, corneal topography systems and specular microscopes.
- The end user segment of optometry/eye exam equipment market is segmented into hospitals, clinics, ambulatory surgical centers and others.
Optometry/Eye Exam Equipment Market Country Level Analysis
Optometry/eye exam equipment market is analyzed and market size insights and trends are provided by country, type and end user as referenced above.
The countries covered in the optometry/eye exam equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the optometry/eye exam equipment market owing to strong presence of a well-developed healthcare setting for ophthalmic treatments as well as the strong presence of favorable reimbursement network and government funding within the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of rising geriatric population and increasing investments by governments and other private organizations for tackling high unmet needs within this particular region.
The country section of the optometry/eye exam equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Optometry/eye exam equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for optometry/eye exam equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the optometry/eye exam equipment market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Optometry/Eye Exam Equipment Market Share Analysis
Optometry/eye exam equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to optometry/eye exam equipment market.
The major players covered in the optometry/eye exam equipment market report are Carl Zeiss Meditec, Inc., HAAG-STREIT GROUP, TOPCON CORPORATION, NIDEK CO. LTD., Luneau Technology Group, Canon Medical Systems, USA, Essilor, HEINE Optotechnik GmbH & Co. KG, Bausch Health Companies Inc., Heidelberg Engineering GmbH., Novartis AG, Johnson & Johnson Services, Inc., Ziemer Ophthalmic Systems, ARW Optical Corporation, Ocular Instruments, Bayou Ophthalmic Instruments, Jaggi Brothers, BiB Ophthalmic Instruments, Veatch Ophthalmic Instruments and Unitech Vision among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Optometry/Eye Exam Equipment Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.