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Optometry Equipment Trends and Forecast
The future of the global optometry equipment market looks promising with opportunities in the general examination, cataract, glaucoma, and age-related macular degeneration markets. The global optometry equipment market is expected to reach an estimated $6.5 billion by 2030 with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are increasing number of eye disorders, rising awareness towards early diagnosis, and growing funding for healthcare infrastructure in the developing countries.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Optometry Equipment by Segment
The study includes a forecast for the global optometry equipment by type, application, end use, and region
Optometry Equipment Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Retina and Glaucoma
• General Examination Products
• Autorefractors and Keratometry
• Ophthalmic Ultrasound Systems
• Tonometer
• Slit Lamps
• Lens meters
• Chart Projectors
Optometry Equipment Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• General Examination
• Cataract
• Glaucoma
• Age-related Macular Degeneration(AMD)
• Others
Optometry Equipment Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Clinics
• Hospitals
• Others
Optometry Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Optometry Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies optometry equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the optometry equipment companies profiled in this report include-
• Halma
• Nidek
• Heine Optotechnik
• Oculus
• Carl Zeiss
• Kowa American Corporation
• Revenio Group
• Essilor Luxottica
• Canon
• Topcon Corporation
Optometry Equipment Market Insights
Lucintel forecasts that retina and glaucoma is expected to witness highest growth over the forecast period due to rising numbers of glaucoma and retinal diseases and surging diabetes and hypertension populations.
Within this market, general examination will remain the largest segment due to growing awareness towards ocular care and rising prevalence of eye diseases.
North America is expected to witness highest growth over the forecast period due to rising prevalence of vision impairment, cataract and glaucoma and presence of major players in the region.
Features of the Global Optometry Equipment Market
Market Size Estimates: Optometry equipment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Optometry equipment market size by type, application, end use, and region in terms of value ($B).
Regional Analysis: Optometry equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, end uses, and regions for the optometry equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the optometry equipment market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the optometry equipment market size?
Answer: The global optometry equipment market is expected to reach an estimated $6.5 billion by 2030.
Q.2 What is the growth forecast for optometry equipment market?
Answer: The global optometry equipment market is expected to grow with a CAGR of 6.7% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the optometry equipment market?
Answer: The major drivers for this market are increasing number of eye disorders, rising awareness towards early diagnosis, and growing funding for healthcare infrastructure in the developing countries.
Q4. What are the major segments for optometry equipment market?
Answer: The future of the optometry equipment market looks promising with opportunities in the general examination, cataract, glaucoma, and age-related macular degeneration markets.
Q5. Who are the key optometry equipment market companies?
Answer: Some of the key optometry equipment companies are as follows:
• Halma
• NIDEK
• Heine Optotechnik
• OCULUS
• Carl Zeiss
• Kowa American Corporation
• Revenio Group
• Essilor Luxottica
• Canon
• Topcon Corporation
Q6. Which optometry equipment market segment will be the largest in future?
Answer: Lucintel forecasts that retina and glaucoma is expected to witness highest growth over the forecast period due to rising numbers of glaucoma and retinal diseases and surging diabetes and hypertension populations.
Q7. In optometry equipment market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to rising prevalence of vision impairment, cataract and glaucoma and presence of major players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the optometry equipment market by type (retina and glaucoma, general examination products, autorefractors and keratometry, ophthalmic ultrasound systems, tonometer, slit lamps, lens meters, and chart projectors), application (general examination, cataract, glaucoma, age-related macular degeneration(AMD), and others), end use (clinics, hospitals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Optometry Equipment Market, Optometry Equipment Market Size, Optometry Equipment Market Growth, Optometry Equipment Market Analysis, Optometry Equipment Market Report, Optometry Equipment Market Share, Optometry Equipment Market Trends, Optometry Equipment Market Forecast, Optometry Equipment Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Optometry Equipment Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Optometry Equipment Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Optometry Equipment Market by Type
3.3.1: Retina and Glaucoma
3.3.2: General Examination Products
3.3.3: Autorefractors and Keratometry
3.3.4: Ophthalmic Ultrasound Systems
3.3.5: Tonometer
3.3.6: Slit Lamps
3.3.7: Lens meters
3.3.8: Chart Projectors
3.4: Global Optometry Equipment Market by Application
3.4.1: General Examination
3.4.2: Cataract
3.4.3: Glaucoma
3.4.4: Age-related Macular Degeneration(AMD)
3.4.5: Others
3.5: Global Optometry Equipment Market by End Use
3.5.1: Clinics
3.5.2: Hospitals
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Optometry Equipment Market by Region
4.2: North American Optometry Equipment Market
4.2.2: North American Optometry Equipment Market by Application: General Examination, Cataract, Glaucoma, Age-related Macular Degeneration(AMD), and Others
4.3: European Optometry Equipment Market
4.3.1: European Optometry Equipment Market by Type: Retina and Glaucoma, General Examination Products, Autorefractors and Keratometry ,Ophthalmic Ultrasound Systems,Tonometer, Slit Lamps, Lens meters, and Chart Projectors
4.3.2: European Optometry Equipment Market by Application: General Examination, Cataract, Glaucoma, Age-related Macular Degeneration(AMD), and Others
4.4: APAC Optometry Equipment Market
4.4.1: APAC Optometry Equipment Market by Type: Retina and Glaucoma, General Examination Products, Autorefractors and Keratometry ,Ophthalmic Ultrasound Systems,Tonometer, Slit Lamps, Lens meters, and Chart Projectors
4.4.2: APAC Optometry Equipment Market by Application: General Examination, Cataract, Glaucoma, Age-related Macular Degeneration(AMD), and Others
4.5: ROW Optometry Equipment Market
4.5.1: ROW Optometry Equipment Market by Type: Retina and Glaucoma, General Examination Products, Autorefractors and Keratometry ,Ophthalmic Ultrasound Systems,Tonometer, Slit Lamps, Lens meters, and Chart Projectors
4.5.2: ROW Optometry Equipment Market by Application: General Examination, Cataract, Glaucoma, Age-related Macular Degeneration(AMD), and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Optometry Equipment Market by Type
6.1.2: Growth Opportunities for the Global Optometry Equipment Market by Application
6.1.3: Growth Opportunities for the Global Optometry Equipment Market by End Use
6.1.4: Growth Opportunities for the Global Optometry Equipment Market by Region
6.2: Emerging Trends in the Global Optometry Equipment Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Optometry Equipment Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Optometry Equipment Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Halma
7.2: NIDEK
7.3: Heine Optotechnik
7.4: OCULUS
7.5: Carl Zeiss
7.6: Kowa American Corporation
7.7: Revenio Group
7.8: Essilor Luxottica
7.9: Canon
7.10: Topcon Corporation
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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