Ophthalmic Refractometer Market, By Product Type, By End User, and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)-Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

Global ophthalmic refractometer market is estimated to be valued at US$ 212.9 Million in 2023, and is expected to exhibit a CAGR of 2.9% during the forecast period (2023-2030).

An ophthalmic refractometer is a manual and computer controlled device oran automatic refractor. The device provides information about refractive errors and the prescription of glasses or contact lenses. Ophthalmic refractometers have sensors that detect changes in the cone cells of the eye. The device can also measure when a person's eyes can properly focuses an image. Therefore, blindness can be prevented by using an ophthalmic refractometer in patients. An ophthalmic refractometer is a device that is used to measure the strength and power of the lens so that the patient can get the right glasses to correct their vision. Common visual impairments in patients include myopia, hyperopia, and astigmatism. Most eye problems are caused by stress, unhealthy lifestyle, poor diet, underlying diseases, genetic disorders, and others.

Market Dynamics

Increasing launches of new products, and mergers and acquisitions by key market players are expected to drive the global ophthalmic refractometer market growth. For instance, on August 23, 2020, EyeQue Corporation, a company that provides affordable, accessible, and accurate eye care solutions, published an article stated that a tool used to gauge the strength and power of the corrective lenses in eyeglasses. It aids in the diagnosis of refractive defects in eyesight by the doctor as light cannot enter the eyes and focus properly on retina because of refractive flaws. Patient's vision suffers when restricted light enters eye. Refractive errors are most frequently caused by the following circumstances: Nearsightedness, or myopia,farsightedness, or hyperopia, and astigmatism. Eye doctor uses the refractometer's measurements to provide a prescription for glasses or contact lenses.

Key features of the study:

• This report provides an in-depth analysis of the global ophthalmic refractometer market and provides market size (US$ Million) and compound annual growth rate (CAGR) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global ophthalmic refractometer market based on the following parameters-company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Topcon Corporation, Nidek Co., Ltd, Birmingham Optical Group Ltd, EyeQue Corporation, Eye Care Leaders, LLC, Essilor International S.A., VIEWLIGHT LLC, Canon Inc, Takagi Ophthalmic Instruments Europe Ltd, Luneau Technology Operations SAS, Carl Zeiss AG
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global ophthalmic refractometer market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ophthalmic refractometer market

Detailed Segmentation:

• Global Ophthalmic Refractometer Market, By Product Type:
  • Automatic
  • Portable/ Handheld
  • Non - Portable
  • Semi - Automatic
• Global Ophthalmic Refractometer Market, By End User:
  • Optometric Centers
  • Hospitals/Clinic
  • Others
• Global Ophthalmic Refractometer Market, By Region:
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Europe
  • U.K.
  • Germany
  • France
  • Spain
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • North Africa
  • Central Africa
  • South Africa
• Company Profiles
  • Topcon Corporation
  • Nidek Co., Ltd
  • Birmingham Optical Group Ltd
  • EyeQue Corporation
  • Eye Care Leaders, LLC
  • Essilor International S.A.
  • VIEWLIGHT LLC
  • Canon Inc
  • Takagi Ophthalmic Instruments Europe Ltd
  • Luneau Technology Operations SAS
  • Carl Zeiss AG