The Global Optometry Equipment Market is Expected to Reach
New York, Aug. 19, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Optometry Equipment Market by Type, Application, End User – Global Forecast to 2027” – https://www.reportlinker .com/p05253732/?utm_source=GNW
The risk of developing serious eye disorders increases dramatically with age, particularly after age 60, which includes age-related macular degeneration, cataracts, low vision and glaucoma. For accurate diagnosis and treatment of these diseases, the adoption of diagnostic tests is required, which is driving the growth of the optometry equipment market
The retina and glaucoma examination products segment accounted for the largest share of the optometry equipment market, by type
According to Type, the global optometry equipment market is divided into retina and glaucoma examination products, general examination products, and cornea and cataract examination products. The increasing incidence of glaucoma and retinal disorders and eye health awareness are major drivers of retinal growth and glaucoma examination products.
Thus, the market was dominated by retina and glaucoma examination products in 2021.
General examinations segment accounted for the largest market share, by application
According to Application, the optometry equipment market is segmented into general examinations, cataracts, glaucoma, age-related macular degeneration and other applications. In 2021, the general examination segment accounted for the largest share of the global optometry equipment market, by application.
Most of this segment is due to the increase in eye health awareness, increase in the geriatric population, and rise in the prevalence of various eye disorders.
The clinic segment accounted for the largest market share, by end user
By end user, the optometry equipment market is divided into clinics, hospitals and other end users. In 2021, the clinic segment accounted for the largest share of the global optometry equipment market.
A large share of the market can be attributed to the rising incidence of eye diseases in the elderly, good population of patients being treated at the clinics, and increasing number of private clinical practices in developing countries.
Asia Pacific Market is expected to grow at the highest CAGR over the forecast period
The global optometry equipment market is segmented into five regions – North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. The Asia-Pacific region is expected to witness the highest growth in the optometry equipment market over the forecast period. .
This can be attributed to factors such as the continued increase in healthcare expenditure, government efforts to increase awareness of eye exams, a growing geriatric population. Moreover, favorable government regulations will further contribute to the growth of this market over the forecast period.
The main interviews conducted for this report can be categorized as follows:
• By type of business: level 1 – 40%, level 2 – 30% and level 3 – 30%
• By designation: level C – 27%, level D – 18% and others – 55%
• By region: North America – 51%, Europe – 21%, Asia-Pacific – 18%, Latin America – 6% and Middle East and Africa – 4%
Lists of companies featured in the report:
• Carl Zeiss Meditec AG (Germany)
• Alcon (Switzerland)
• EssilorLuxottica (France)
• Topcon Corporation (Japan)
• Bausch Health Companies Inc. (Canada)
• NIDEK Co. Ltd. (Japan)
• Canon Inc. (Japan)
• Johnson and Johnson (United States),
• HEINE Optotechnik (Germany)
• Revenio Group PLC (Finland)
• Haag-Streit Group (Switzerland)
• Heidelberg Engineering (Germany)
• Luneau Technology (France)
• Sonomed Escalon (United States)
• Keeler Ltd. (UK)
• Reichert Technologies (USA)
• Oculus Inc. (USA)
• Kowa American Corporation (United States)
• Ziemer Ophthalmic Systems AG (Switzerland)
• Huvitz (South Korea)
• Neitz Instruments Co.Ltd. (Japan)
• Rexxam Co. Ltd. (Japan)
• Rudolf-Riester GmbH (Germany)
• FREY (Poland)
• Yeasn (China).
This report provides a detailed picture of the global optometry equipment market. It aims to estimate the market size and future growth potential across different segments, such as type, application, end-user, and region.
The report also includes an in-depth competitive analysis of key market players along with their company profiles, recent developments, and key market strategies.
Key Benefits of Purchasing the Report:
The report will assist market leaders/new entrants by providing the closest approximations of revenue figures for the overall optometry equipment market and its sub-segments. It will also help stakeholders better understand the competitive landscape and acquire more information to better position their business and develop appropriate go-to-market strategies.
This report will enable stakeholders to understand the pulse of the market and provide them with insights into the key market drivers, restraints, opportunities, and challenges.
Read the full report: https://www.reportlinker.com/p05253732/?utm_source=GNW
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