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Optometry Equipment Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Optometry

The “Optometry Equipment Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Optometry Equipment Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Optometry Equipment market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Optometry Equipment Market Are:

  • Novartis AG (Alcon)
  • Canon Inc.
  • CARL ZEISS MEDITEC AG
  • BAUSCH & LOMB, INC.
  • ESSILOR INTERNATIONAL S.A.
  • Johnson & Johnson Vision Care Inc.
  • Heidelberg Engineering Inc.
  • HEINE Optotechnik
  • Luneau Technology Group
  • NIDEK CO. LTD

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    Market Overview:

  • The optometry equipment market is expected to register a CAGR of 5.8% over the forecast period. Factors that are responsible for the growth of this market include the rising prevalence of eye diseases, technological advancements in ophthalmic devices, and increasing government initiatives to control visual impairment.
  • For instance, the total number of persons with visual impairment and blindness is increasing, globally. The number of people with age-related eye diseases is assumed to be on the rise with the increasing life expectancy. Cataract is still the major cause of visual impairment and blindness, globally, but other age-related eye diseases, such as age-related macular degeneration (AMD), glaucoma, diabetic retinopathy (DR), and degenerative myopia, are becoming more popular in the developed countries. Cataract is the most prevalent eye disease in the world and is a major cause of visual loss in the developing as well as the developed countries. A number of risk factors have been suggested for cataract, age-related macular degeneration, and glaucoma, yet only a few have been well established. Hence, as a result of these eye diseases, there is an increase in the adoption of the optometry equipment for treating eye disorders, and thereby, helping in the market growth.

    Scope of the Report:

  • Optometry equipment are used to examine, diagnose, and manage diseases and disorders of the visual system, the eye, and deformities associated with eye structures, as well as to diagnose eye related systemic disorders. The optometry equipment includes a set of equipment used for cornea and cataract examination, as well as retina and glaucoma examination purposes.

    Optometry Equipment Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Optometry Equipment market?
    • What are the key market trends impacting the growth of the global Optometry Equipment market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Optometry Equipment market?
    • What are the market opportunities and threats faced by the vendors in the global Optometry Equipment market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Optometry Equipment market?

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    Key Market Trends:

    OCT Scanner is Expected to Hold the Major Revenue share in the Retina Examination

    Optical coherent tomography scanner (OCT) is expected to hold the largest revenue share in terms of the retina examination segment. The primary factors attributed for the major revenue is due to the growing prevalence of eye conditions, such as glaucoma and scotoma. These are the key causes that are contributing to the dominance. And according to the National Institute of Health Statistics, in 2017 approximately 2.7 million population in the United States are aged 40 and above had glaucoma in their eyes. And the presence of the well-established healthcare and insurance system is also helping in the growth of the market.

    North America Dominates the Optometry Equipment Market and Excepted to do Same in the Forecast Period

    North America currently dominates the market for optometry equipment and is expected to continue its stronghold for a few more years. In the North American region, the United States holds the largest market share. This can be majorly attributed to increasing incidence rates of eye diseases and the rising number of aged population. The presence of the developed healthcare infrastructure is expected to propel the market in the United States.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Optometry Equipment Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Optometry Equipment .

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    Report Objectives:

    • Analyzing the size of the Optometry Equipment market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Optometry Equipment market.
    • Determining the key dynamics of the Optometry Equipment market.
    • Highlighting significant trends of the Optometry Equipment market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Optometry Equipment market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Optometry Equipment market.

    Detailed TOC of Optometry Equipment Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Rising Prevalence of Eye Diseases
    4.2.2 Technological Advancements in Ophthalmic Devices
    4.2.3 Increasing Government Initiatives to Control Visual Impairment
    4.3 Market Restraints
    4.3.1 High Cost of Eye Examination Equipment
    4.3.2 Lack of Awareness and Low Accessibility to Eye Care in Low-income Economies
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type of Examination
    5.1.1 Retina Examination
    5.1.1.1 OCT Scanner
    5.1.1.2 Fundus Camera
    5.1.1.3 Visual Field Analyzer
    5.1.1.4 Ophthalmoscope
    5.1.1.5 Retinoscope
    5.1.2 Cornea Examination
    5.1.2.1 Wavefront Aberrometer
    5.1.2.2 Specular Microscope
    5.1.2.3 Other Cornea Examinations
    5.1.3 General Examination
    5.1.3.1 Autorefractor
    5.1.3.2 Ophthalmic Ultrasound System
    5.1.3.3 Tonometer
    5.1.3.4 Phoropter
    5.1.3.5 Keratometer
    5.1.3.6 Lensometer
    5.1.3.7 Other General Examinations
    5.2 By End User
    5.2.1 Eye Clinic
    5.2.2 Hospital
    5.2.3 Other End Users
    5.3 Geography
    5.3.1 North America
    5.3.1.1 US
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 UK
    5.3.2.3 France
    5.3.2.4 Italy
    5.3.2.5 Spain
    5.3.2.6 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 South Korea
    5.3.3.6 Rest of Asia-Pacific
    5.3.4 Middle East & Africa
    5.3.4.1 GCC
    5.3.4.2 South Africa
    5.3.4.3 Rest of Middle East & Africa
    5.3.5 South America
    5.3.5.1 Brazil
    5.3.5.2 Argentina
    5.3.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Novartis AG (Alcon)
    6.1.2 Canon Inc.
    6.1.3 CARL ZEISS MEDITEC AG
    6.1.4 BAUSCH & LOMB, INC.
    6.1.5 ESSILOR INTERNATIONAL S.A.
    6.1.6 Johnson & Johnson Vision Care Inc.
    6.1.7 Heidelberg Engineering Inc.
    6.1.8 HEINE Optotechnik
    6.1.9 Luneau Technology Group
    6.1.10 NIDEK CO. LTD

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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