Optometry Equipment Market By Type, By Application, By End User : Global Opportunity Analysis and Industry Forecast, 2021-2031

Description

List of Tables

The global optometry equipment market was valued at $4,240.8 million in 2021, and is projected to reach $7,812.1 million by 2031, registering a CAGR of 6.3% from 2022 to 2031. Optometry is a specialized health care profession that involves examining the eyes and related structures for defects or abnormalities. Optometrists are health care professionals who typically provide comprehensive primary eye care. Optometry equipment is frequently used in hospitals and clinics for cornea, cataract, glaucoma, retina, and general examination purposes. Retinoscopes, visual field analyzers, specular microscopes, ophthalmoscopes, wavefront aberrometers, fundus cameras, autorefractors, keratometers, and other tools are examples of these optometry tools. In addition, optometry equipment is used for diagnosis and treating eye disorders like cataract, glaucoma and for general eye examination.

The growth of optometry equipment market is driven by technological advancement for development of different optometry equipment, rise in the number of eye diseases and various strategies adopted such as product launch and product approval by the market key players. For instance, according to the data published by World Health Organization (WHO) in 2022, it was reported that over 2.2 billion population suffering from eye and vision problems. In addition, increase in the prevalence of cataract is anticipated to drive the demand for optometry equipment and fuels the growth of market. For instance, in October 2022, according to World Health Organization (WHO), it was reported that approximately 1 billion people over the globe are suffering from vision impairment. As per the same source it was reported that 88.4 million people are suffering from refractive error, 94 million are suffering from cataract, and 7.7 million people are suffering from Glaucoma.

In addition, rise in technological advancement in optometry is anticipated to drive the growth of optometry market. For instance, in February 2021, ZEISS vision care, an internationally leading technology enterprise operating in the fields of optics and optoelectronics, introduced its BlueGuard blue light blocking lenses. The technology has been incorporated into the lens material itself, offering protection up to 40% from the blue light of wavelength range of 400 and 455 nm, typically linked to digital eye strain.

Moreover, rise in healthcare expenditure, increasing disposable income and expanding middle-class population in developing countries are expected to create lucrative growth opportunities to drive the optometry equipment market. In addition, the geriatric population are more susceptible to eye diseases. For instance, according to Population Reference Bureau, in 2019, regions such as Asia and Europe are home to some of the world's oldest populations, those aged 65 and above. Top countries include Japan at 28%, followed by Italy at 23%. Finland, Portugal, and Greece comprise the top five at just under 22%. Moreover, according to the article published in Geriatric Ophthalmology, in January 2021, states that 3.6 million individuals, or 18% of people over the age of 70, will be visually impaired.

Similarly, as per the Office for National Statistics, total healthcare expenditure in the UK accounted for 12.0% of the gross domestic product (GDP) in 2020, as compared to 9.9% in 2019. Furthermore, it has been estimated that 30% of the healthcare expenditure is used in upgrading the healthcare infrastructure, especially medical equipment and application used at public health centers, such as hospitals. Hence, rise in healthcare expenditure across the globe is expected to fuel the demand for optometry equipment application in eye disease for diagnosis and treatment, thereby boosting the market growth. Moreover, rise in the number of eye check-up camps and initiative taken by governments to develop healthcare infrastructure are anticipated to boost the market growth.

On the other hand, high cost of treatment and unavoidable side effects of the procedures are some factors that are anticipated to restrain the growth of the optometry equipment market.

The optometry equipment market is segmented into type, application, end user and region. By type, the market is segmented into refractor, slit lamp, retinal camera, optical imaging, tonometer, lensometer, perimeter, and others. By application, the market is segmented into cataract, glaucoma, refractive errors, age related macular degeneration and others. By end user, the market is segmented into clinics & specialty clinics and hospitals. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some of the major companies that operate in the global optometry equipment market include Carl Zeiss AG., Essilor Luxottica, Topcon Corporation, NIDEK Co Ltd., Canon Inc., Heine Optotechnik, Revenio Group PLC., Oculus Inc., Halma PLc., and Kowa American Co.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the optometry equipment market analysis from 2021 to 2031 to identify the prevailing optometry equipment market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the optometry equipment market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global optometry equipment market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Type

Lensometer
Perimeter
Others
Refractor
Slit lamp
Retinal Camera
Optical imaging
Tonometer

By Application

Cataract
Glucoma
Refractive Errors
Age related macular degeneration
Others

By End User

Clinic and Speciality clinic
Hospital

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Carl Zeiss AG
- OCULUS, Inc.
- Heine Optotechnik
- Canon Inc.
- NIDEK Co Ltd
- Revenio Group PLC
- Kowa American Corporation
- Essilor Luxottica
- Halma plc
- Topcon Corporation

Product Code: A12059

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings
- 3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.4.Market dynamics
- 3.4.1.Drivers
  - 3.4.1.1. Increase in the prevalence of eye disorders
  - 3.4.1.2. Rise in the number of geriatric populations
  - 3.4.1.3. Rise in the prevalence of diabetes
- 3.4.2.Restraints
  - 3.4.2.1. High cost of optometry equipment
- 3.4.3.Opportunities
  - 3.4.3.1. Increase in the number of product launch by market players
3.5.COVID-19 Impact Analysis on the market

CHAPTER 4: OPTOMETRY EQUIPMENT MARKET, BY TYPE

4.1 Overview
- 4.1.1 Market size and forecast
4.2. Refractor
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
4.3. Slit lamp
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
4.4. Retinal Camera
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market share analysis by country
4.5. Optical imaging
- 4.5.1 Key market trends, growth factors and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market share analysis by country
4.6. Tonometer
- 4.6.1 Key market trends, growth factors and opportunities
- 4.6.2 Market size and forecast, by region
- 4.6.3 Market share analysis by country
4.7. Lensometer
- 4.7.1 Key market trends, growth factors and opportunities
- 4.7.2 Market size and forecast, by region
- 4.7.3 Market share analysis by country
4.8. Perimeter
- 4.8.1 Key market trends, growth factors and opportunities
- 4.8.2 Market size and forecast, by region
- 4.8.3 Market share analysis by country
4.9. Others
- 4.9.1 Key market trends, growth factors and opportunities
- 4.9.2 Market size and forecast, by region
- 4.9.3 Market share analysis by country

CHAPTER 5: OPTOMETRY EQUIPMENT MARKET, BY APPLICATION

5.1 Overview
- 5.1.1 Market size and forecast
5.2. Cataract
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
5.3. Glucoma
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
5.4. Refractive Errors
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market share analysis by country
5.5. Age related macular degeneration
- 5.5.1 Key market trends, growth factors and opportunities
- 5.5.2 Market size and forecast, by region
- 5.5.3 Market share analysis by country
5.6. Others
- 5.6.1 Key market trends, growth factors and opportunities
- 5.6.2 Market size and forecast, by region
- 5.6.3 Market share analysis by country

CHAPTER 6: OPTOMETRY EQUIPMENT MARKET, BY END USER

6.1 Overview
- 6.1.1 Market size and forecast
6.2. Clinic and Speciality clinic
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
6.3. Hospital
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country

CHAPTER 7: OPTOMETRY EQUIPMENT MARKET, BY REGION

7.1 Overview
- 7.1.1 Market size and forecast
7.2 North America
- 7.2.1 Key trends and opportunities
- 7.2.2 North America Market size and forecast, by Type
- 7.2.3 North America Market size and forecast, by Application
- 7.2.4 North America Market size and forecast, by End User
- 7.2.5 North America Market size and forecast, by country
  - 7.2.5.1 U.S.
  - 7.2.5.1.1 Key market trends, growth factors and opportunities
  - 7.2.5.1.2 Market size and forecast, by Type
  - 7.2.5.1.3 Market size and forecast, by Application
  - 7.2.5.1.4 Market size and forecast, by End User
  - 7.2.5.2 Canada
  - 7.2.5.2.1 Key market trends, growth factors and opportunities
  - 7.2.5.2.2 Market size and forecast, by Type
  - 7.2.5.2.3 Market size and forecast, by Application
  - 7.2.5.2.4 Market size and forecast, by End User
  - 7.2.5.3 Mexico
  - 7.2.5.3.1 Key market trends, growth factors and opportunities
  - 7.2.5.3.2 Market size and forecast, by Type
  - 7.2.5.3.3 Market size and forecast, by Application
  - 7.2.5.3.4 Market size and forecast, by End User
7.3 Europe
- 7.3.1 Key trends and opportunities
- 7.3.2 Europe Market size and forecast, by Type
- 7.3.3 Europe Market size and forecast, by Application
- 7.3.4 Europe Market size and forecast, by End User
- 7.3.5 Europe Market size and forecast, by country
  - 7.3.5.1 Germany
  - 7.3.5.1.1 Key market trends, growth factors and opportunities
  - 7.3.5.1.2 Market size and forecast, by Type
  - 7.3.5.1.3 Market size and forecast, by Application
  - 7.3.5.1.4 Market size and forecast, by End User
  - 7.3.5.2 France
  - 7.3.5.2.1 Key market trends, growth factors and opportunities
  - 7.3.5.2.2 Market size and forecast, by Type
  - 7.3.5.2.3 Market size and forecast, by Application
  - 7.3.5.2.4 Market size and forecast, by End User
  - 7.3.5.3 UK
  - 7.3.5.3.1 Key market trends, growth factors and opportunities
  - 7.3.5.3.2 Market size and forecast, by Type
  - 7.3.5.3.3 Market size and forecast, by Application
  - 7.3.5.3.4 Market size and forecast, by End User
  - 7.3.5.4 Italy
  - 7.3.5.4.1 Key market trends, growth factors and opportunities
  - 7.3.5.4.2 Market size and forecast, by Type
  - 7.3.5.4.3 Market size and forecast, by Application
  - 7.3.5.4.4 Market size and forecast, by End User
  - 7.3.5.5 Spain
  - 7.3.5.5.1 Key market trends, growth factors and opportunities
  - 7.3.5.5.2 Market size and forecast, by Type
  - 7.3.5.5.3 Market size and forecast, by Application
  - 7.3.5.5.4 Market size and forecast, by End User
  - 7.3.5.6 Rest of Europe
  - 7.3.5.6.1 Key market trends, growth factors and opportunities
  - 7.3.5.6.2 Market size and forecast, by Type
  - 7.3.5.6.3 Market size and forecast, by Application
  - 7.3.5.6.4 Market size and forecast, by End User
7.4 Asia-Pacific
- 7.4.1 Key trends and opportunities
- 7.4.2 Asia-Pacific Market size and forecast, by Type
- 7.4.3 Asia-Pacific Market size and forecast, by Application
- 7.4.4 Asia-Pacific Market size and forecast, by End User
- 7.4.5 Asia-Pacific Market size and forecast, by country
  - 7.4.5.1 Japan
  - 7.4.5.1.1 Key market trends, growth factors and opportunities
  - 7.4.5.1.2 Market size and forecast, by Type
  - 7.4.5.1.3 Market size and forecast, by Application
  - 7.4.5.1.4 Market size and forecast, by End User
  - 7.4.5.2 China
  - 7.4.5.2.1 Key market trends, growth factors and opportunities
  - 7.4.5.2.2 Market size and forecast, by Type
  - 7.4.5.2.3 Market size and forecast, by Application
  - 7.4.5.2.4 Market size and forecast, by End User
  - 7.4.5.3 India
  - 7.4.5.3.1 Key market trends, growth factors and opportunities
  - 7.4.5.3.2 Market size and forecast, by Type
  - 7.4.5.3.3 Market size and forecast, by Application
  - 7.4.5.3.4 Market size and forecast, by End User
  - 7.4.5.4 Australia
  - 7.4.5.4.1 Key market trends, growth factors and opportunities
  - 7.4.5.4.2 Market size and forecast, by Type
  - 7.4.5.4.3 Market size and forecast, by Application
  - 7.4.5.4.4 Market size and forecast, by End User
  - 7.4.5.5 South Korea
  - 7.4.5.5.1 Key market trends, growth factors and opportunities
  - 7.4.5.5.2 Market size and forecast, by Type
  - 7.4.5.5.3 Market size and forecast, by Application
  - 7.4.5.5.4 Market size and forecast, by End User
  - 7.4.5.6 Rest of Asia-Pacific
  - 7.4.5.6.1 Key market trends, growth factors and opportunities
  - 7.4.5.6.2 Market size and forecast, by Type
  - 7.4.5.6.3 Market size and forecast, by Application
  - 7.4.5.6.4 Market size and forecast, by End User
7.5 LAMEA
- 7.5.1 Key trends and opportunities
- 7.5.2 LAMEA Market size and forecast, by Type
- 7.5.3 LAMEA Market size and forecast, by Application
- 7.5.4 LAMEA Market size and forecast, by End User
- 7.5.5 LAMEA Market size and forecast, by country
  - 7.5.5.1 Brazil
  - 7.5.5.1.1 Key market trends, growth factors and opportunities
  - 7.5.5.1.2 Market size and forecast, by Type
  - 7.5.5.1.3 Market size and forecast, by Application
  - 7.5.5.1.4 Market size and forecast, by End User
  - 7.5.5.2 Saudi Arabia
  - 7.5.5.2.1 Key market trends, growth factors and opportunities
  - 7.5.5.2.2 Market size and forecast, by Type
  - 7.5.5.2.3 Market size and forecast, by Application
  - 7.5.5.2.4 Market size and forecast, by End User
  - 7.5.5.3 South Africa
  - 7.5.5.3.1 Key market trends, growth factors and opportunities
  - 7.5.5.3.2 Market size and forecast, by Type
  - 7.5.5.3.3 Market size and forecast, by Application
  - 7.5.5.3.4 Market size and forecast, by End User
  - 7.5.5.4 Rest of LAMEA
  - 7.5.5.4.1 Key market trends, growth factors and opportunities
  - 7.5.5.4.2 Market size and forecast, by Type
  - 7.5.5.4.3 Market size and forecast, by Application
  - 7.5.5.4.4 Market size and forecast, by End User

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021

CHAPTER 9: COMPANY PROFILES

9.1 Carl Zeiss AG
- 9.1.1 Company overview
- 9.1.2 Key Executives
- 9.1.3 Company snapshot
- 9.1.4 Operating business segments
- 9.1.5 Product portfolio
- 9.1.6 Business performance
- 9.1.7 Key strategic moves and developments
9.2 OCULUS, Inc.
- 9.2.1 Company overview
- 9.2.2 Key Executives
- 9.2.3 Company snapshot
- 9.2.4 Operating business segments
- 9.2.5 Product portfolio
- 9.2.6 Business performance
- 9.2.7 Key strategic moves and developments
9.3 Heine Optotechnik
- 9.3.1 Company overview
- 9.3.2 Key Executives
- 9.3.3 Company snapshot
- 9.3.4 Operating business segments
- 9.3.5 Product portfolio
- 9.3.6 Business performance
- 9.3.7 Key strategic moves and developments
9.4 Canon Inc.
- 9.4.1 Company overview
- 9.4.2 Key Executives
- 9.4.3 Company snapshot
- 9.4.4 Operating business segments
- 9.4.5 Product portfolio
- 9.4.6 Business performance
- 9.4.7 Key strategic moves and developments
9.5 NIDEK Co Ltd
- 9.5.1 Company overview
- 9.5.2 Key Executives
- 9.5.3 Company snapshot
- 9.5.4 Operating business segments
- 9.5.5 Product portfolio
- 9.5.6 Business performance
- 9.5.7 Key strategic moves and developments
9.6 Revenio Group PLC
- 9.6.1 Company overview
- 9.6.2 Key Executives
- 9.6.3 Company snapshot
- 9.6.4 Operating business segments
- 9.6.5 Product portfolio
- 9.6.6 Business performance
- 9.6.7 Key strategic moves and developments
9.7 Kowa American Corporation
- 9.7.1 Company overview
- 9.7.2 Key Executives
- 9.7.3 Company snapshot
- 9.7.4 Operating business segments
- 9.7.5 Product portfolio
- 9.7.6 Business performance
- 9.7.7 Key strategic moves and developments
9.8 Essilor Luxottica
- 9.8.1 Company overview
- 9.8.2 Key Executives
- 9.8.3 Company snapshot
- 9.8.4 Operating business segments
- 9.8.5 Product portfolio
- 9.8.6 Business performance
- 9.8.7 Key strategic moves and developments
9.9 Halma plc
- 9.9.1 Company overview
- 9.9.2 Key Executives
- 9.9.3 Company snapshot
- 9.9.4 Operating business segments
- 9.9.5 Product portfolio
- 9.9.6 Business performance
- 9.9.7 Key strategic moves and developments
9.10 Topcon Corporation
- 9.10.1 Company overview
- 9.10.2 Key Executives
- 9.10.3 Company snapshot
- 9.10.4 Operating business segments
- 9.10.5 Product portfolio
- 9.10.6 Business performance
- 9.10.7 Key strategic moves and developments