PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1381778
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1381778
Global Ophthalmic Examination Chairs Market is valued at approximately USD 88.93 million in 2022 and is anticipated to grow with a healthy growth rate of more than 5.91% over the forecast period 2023-2030. Ophthalmic examination chairs are specialized chairs designed for use in eye care clinics and ophthalmology practices. These chairs are specifically designed to provide a comfortable and adjustable seating position for patients during eye examinations, diagnostic tests, and various eye procedures. Ophthalmic examination chairs play a crucial role in providing a comfortable and functional environment for eye examinations, enabling healthcare professionals to effectively evaluate and diagnose various eye conditions. The Ophthalmic Examination Chairs market is expanding because of factors such as the growing prevalence of eye disorders and the increasing expansion of ophthalmic clinics and hospitals.
The rising prevalence of eye disorders such as cataracts, glaucoma, macular degeneration, and diabetic retinopathy, there is a growing demand for ophthalmic examination chairs. These chairs provide comfort and convenience to both patients and healthcare professionals during eye examinations and treatments. According to a 2019 article from the National Center for Biotechnology Information, by the year 2050, myopia and high myopia are anticipated to impact 4,949 million and 925 million individuals worldwide, respectively. Furthermore, according to a 2020 article from the American Academy of Ophthalmology (AAO), 3.0 million Americans, of whom 2.7 million are 40 years of age or older, have glaucoma. Thus, the rising prevalence of eye disorders is fostering market growth. Moreover, the rising expansion of ophthalmic clinics and hospitals is further escalating the market growth. For instance, On October 2021, Chennai-based eye care chain Dr Agarwals Eye Hospital announced that it planned to spend USD 10 billion over the next three years to add the number of hospitals across the country and abroad. In addition, rising technological advancements, growing awareness and preventive healthcare, and rising healthcare expenditure are creating opportunities for market growth. However, Lack of awareness about eye infections and high regulatory compliance stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Ophthalmic Examination Chairs Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the factors such as the presence of key market players, the rising prevalence of eye disorders, rising technological advancements, and the increasing development of new ophthalmic clinics and hospitals in the region. Whereas, Asia Pacific is projected to have the fastest growth in the forecasted period owing to factors including rising prevalence of disease, rising aging population, and rising number of government awareness programs.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of tables and figures and dummy in nature, final lists may vary in the final deliverable