Global Optometry Equipment Market to Expand at a CAGR of 4% Through 2029

Posted on 2021-08-18 by Future Market Insights, Inc in Healthcare // 0 Comments

In addition, government in various countries are taking initiatives to control visual impairment. Such factors are projected to impact growth of the global optometric equipment market positively. Fact.MR states that the global optometry equipment market is projected to reflect a CAGR of x over the forecast period, 2017-2026.

For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=363

Factors Fuelling Global Market Growth

Growth of the global optometry equipment market is mainly bound to various macro-economic and micro-economic factors. Surge in the number of eye disorders such as cataract, macular degeneration and glaucoma has fuelled adoption of the optometry equipment in the healthcare industry. In addition, adoption of optometry equipment is projected to gain momentum bound to growing prevalence of diabetes. Increasing instances of diabetes has led to surge in the number of diabetic retinopathy cases in the healthcare industry. High blood sugar level cause the blood vessels in the retina to swell and then leak, which has led the diabetic patients to get dilated eye check-ups every year. According to CDC, the 9.4% of the population in the U.S, which is 30.3 million people have diabetes. Prevalence of diabetes has led to surge in adoption for the optometry equipment in the healthcare industry for check-ups of diabetic retinopathy.

In addition, growing adoption of electronic gadgets such as smartphones, laptops and tablets has significantly impaired the vision of people. Moreover, increasing exposure to the digital screens has led to increasing number of dry eye syndrome cases and digital eye strain. Exposure to various digital devices in organizations has further led to increasing number of dry eye syndrome cases. With the growing need to treat astigmatism, myopia, presbyopia, and hyperopia cases, adoption of optometry devices will continue to remain high in the healthcare industry.

For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=363

Important doubts related to the market clarified in the report:

Which regional market is expected to witness the highest growth during the forecast period?
How has the surging prices of raw materials impacted the growth of the market?
Why are market players focusing on R&D and innovations?
Are market players expanding their global presence? If yes, how?
What is the estimated value of the market in 2019?

Sales to Remain High Through Clinics

With the increasing prevalence of eye disorders, growing need to conduct non-invasive imaging tests has led to surge in demand for the OCT (optical coherence tomography) scanners continue to remain high. In terms of revenue, the OCT scanners product type segment is expected to represent the highest growth, accounting for more than US$ 270 Mn by 2026-end. In contrary, the corneal topography systems product type segment is projected to reflect a significant CAGR throughout the forecast period.

For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/363

On the basis of end users, the clinics segment is projected to generate significant revenues, recording more than US$ 300 Mn by 2017-end. On the other hand, the other end users segment is projected to represent the fastest growth in the global optometry equipment market during the forecast period.

Market Players

Leading market players operating in the global optometry equipment market include Escalon, Luneau Technology, Heine Optotechnik, Essilor, Canon, Valeant, Novartis, Heidelberg Engineering, Nidek, Topcon, Haag-Streit and Carl Zeiss.

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

Matched content

Editor’s pick