Optometry Equipment Market Report: Trends, Forecast and Competitive Analysis to 2030

Optometry Equipment Trends and Forecast

The future of the global optometry equipment market looks promising with opportunities in the general examination, cataract, glaucoma, and age-related macular degeneration markets. The global optometry equipment market is expected to reach an estimated $6.5 billion by 2030 with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are increasing number of eye disorders, rising awareness towards early diagnosis, and growing funding for healthcare infrastructure in the developing countries.

A more than 150-page report is developed to help in your business decisions.

Optometry Equipment by Segment

The study includes a forecast for the global optometry equipment by type, application, end use, and region

Optometry Equipment Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Retina and Glaucoma
• General Examination Products
• Autorefractors and Keratometry
• Ophthalmic Ultrasound Systems
• Tonometer
• Slit Lamps
• Lens meters
• Chart Projectors

Optometry Equipment Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• General Examination
• Cataract
• Glaucoma
• Age-related Macular Degeneration(AMD)
• Others

Optometry Equipment Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Clinics
• Hospitals
• Others

Optometry Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Optometry Equipment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies optometry equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the optometry equipment companies profiled in this report include-

• Halma
• Nidek
• Heine Optotechnik
• Oculus
• Carl Zeiss
• Kowa American Corporation
• Revenio Group
• Essilor Luxottica
• Canon
• Topcon Corporation

Optometry Equipment Market Insights

Lucintel forecasts that retina and glaucoma is expected to witness highest growth over the forecast period due to rising numbers of glaucoma and retinal diseases and surging diabetes and hypertension populations.

Within this market, general examination will remain the largest segment due to growing awareness towards ocular care and rising prevalence of eye diseases.

North America is expected to witness highest growth over the forecast period due to rising prevalence of vision impairment, cataract and glaucoma and presence of major players in the region.

Features of the Global Optometry Equipment Market

Market Size Estimates: Optometry equipment market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Optometry equipment market size by type, application, end use, and region in terms of value ($B).

Regional Analysis: Optometry equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, end uses, and regions for the optometry equipment market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the optometry equipment market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the optometry equipment market size?

Answer: The global optometry equipment market is expected to reach an estimated $6.5 billion by 2030.

Q.2 What is the growth forecast for optometry equipment market?

Answer: The global optometry equipment market is expected to grow with a CAGR of 6.7% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the optometry equipment market?

Answer: The major drivers for this market are increasing number of eye disorders, rising awareness towards early diagnosis, and growing funding for healthcare infrastructure in the developing countries.

Q4. What are the major segments for optometry equipment market?

Answer: The future of the optometry equipment market looks promising with opportunities in the general examination, cataract, glaucoma, and age-related macular degeneration markets.

Q5. Who are the key optometry equipment market companies?

Answer: Some of the key optometry equipment companies are as follows:

• Halma
• NIDEK
• Heine Optotechnik
• OCULUS
• Carl Zeiss
• Kowa American Corporation
• Revenio Group
• Essilor Luxottica
• Canon
• Topcon Corporation

Q6. Which optometry equipment market segment will be the largest in future?

Answer: Lucintel forecasts that retina and glaucoma is expected to witness highest growth over the forecast period due to rising numbers of glaucoma and retinal diseases and surging diabetes and hypertension populations.

Q7. In optometry equipment market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to rising prevalence of vision impairment, cataract and glaucoma and presence of major players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the optometry equipment market by type (retina and glaucoma, general examination products, autorefractors and keratometry, ophthalmic ultrasound systems, tonometer, slit lamps, lens meters, and chart projectors), application (general examination, cataract, glaucoma, age-related macular degeneration(AMD), and others), end use (clinics, hospitals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?