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PUBLISHER: SkyQuest | PRODUCT CODE: 1373879

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PUBLISHER: SkyQuest | PRODUCT CODE: 1373879

Global Optometry Equipment Market Size, Share, Growth Analysis, By Type(Diagnostic Equipment, Vision Care Equipment and Surgical Equipment.), By Application(Refractive Error Correction, Cataract Diagnosis and Surgery), By End - use(Hospitals, Optometry Cl

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Global Optometry Equipment Market size was valued at USD 3.8 billion in 2021 and is poised to grow from USD 4.04 billion in 2022 to USD 6.55 billion by 2030, growing at a CAGR of 6.23% in the forecast period (2023-2030).

The global optometry equipment market is experiencing steady growth, driven by various factors such as the rising prevalence of eye disorders, increasing awareness about eye care, technological advancements in optometry equipment, and a growing ageing population. With the rising adoption of digital devices, prolonged screen time, and lifestyle changes, the incidence of conditions like myopia, hyperopia, astigmatism, and age-related macular degeneration is on the rise. This has led to a greater demand for optometry equipment that can accurately diagnose and manage these conditions. Moreover, there is a growing awareness among individuals about the importance of regular eye check-ups and early detection of eye disorders. This awareness is driving the demand for optometry equipment, as more people are seeking professional eye care services. Additionally, governments and healthcare organisations across the globe are actively promoting eye health and conducting awareness campaigns, further fueling the market growth.

Top-down and bottom-up approaches were used to estimate and validate the size of the global Optometry Equipment Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Optometry Equipment Market Segmental Analysis

The global optometry equipment market is segmented in terms of type, application, and region. Based on type, the market can be segmented into Diagnostic Equipment, Vision Care Equipment and Surgical Equipment. Based on application, the market is segmented into Refractive Error Correction, Cataract Diagnosis and Surgery, Glaucoma Diagnosis and Management and Retinal Disorders. By End - use it can be segmented into Hospitals, Optometry Clinics, Ambulatory Surgical Centers (ASCs) and Optical Centers. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Global Optometry Equipment Market Dynamics

Drivers of the Global Optometry Equipment Market

Increasing Demand for Vision Correction

The optometry equipment market is experiencing a surge in demand due to the increasing need for vision correction procedures, including LASIK and refractive lens exchange. These procedures rely on sophisticated diagnostic and surgical equipment like excimer lasers, corneal topographers, and intraocular lenses (IOLs). As a result, there is a rising demand for optometry equipment to cater to these procedures, driving market growth.

Restraints in the Global Optometry Equipment Market

Lack of Skilled Professionals

The effective utilisation of optometry equipment can be hindered by a scarcity of skilled optometrists and ophthalmic technicians. Specialised training and expertise are necessary to operate and interpret results from advanced equipment. The limited availability of skilled professionals in certain regions creates a challenge for adopting and utilising optometry equipment to its full potential, consequently impacting the growth of the market.

Market Trends of the Global Optometry Equipment Key

Increasing Use of Digital Technologies: Digital technologies are being increasingly adopted in optometry. This is leading to the development of new and innovative optometry equipment such as digital imaging systems and telemedicine systems.

Development of New and Innovative Therapies: New and innovative therapies are being developed for the treatment of eye diseases. These therapies are more effective and have fewer side effects than traditional therapies.

Rising Demand for Personalized Treatment: Personalised treatment is tailored to the individual patient's eye condition. This approach has the potential to improve the efficacy and safety of treatment for eye disease patients.

Product Code: SQMIG35A2313

Table of Contents

  • Executive Summary
    • Market Overview
    • Wheel of Fortune
  • Research Methodology
    • Information Procurement
    • Secondary & Primary Data Sources
    • Market Size Estimation
    • Market Assumptions & Limitations
  • Parent Market Analysis
    • Market Overview
    • Market Size
    • Market Dynamics
  • Drivers
  • Opportunities
  • Restraints
  • Challenges
  • Key Market Insights
    • Technology Analysis
    • Pricing Analysis
    • Supply Chain Analysis
    • Value Chain Analysis
    • Ecosystem of the Market
    • IP Analysis
    • Trade Analysis
    • Startup Analysis
    • Raw Material Analysis
    • Innovation Matrix
    • Pipeline Product Analysis
    • Macroeconomic Indicators
    • Top Investment Analysis
    • Key Success Factor
    • Degree of Competition
  • Market Dynamics & Outlook
    • Market Dynamics
  • Drivers
  • Opportunities
  • Restraints
  • Challenges
    • Regulatory Landscape
    • Porters Analysis
  • Competitive rivalry
  • Threat of Substitute Products
  • Bargaining Power of Buyers
  • Threat of New Entrants
  • Bargaining Power of Suppliers
    • Skyquest Special Insights on Future Disruptions
  • Political Impact
  • Economic Impact
  • Social Impact
  • Technical Impact
  • Environmental Impact
  • Legal Impact
  • Global Optometry Equipment Market by Type
    • Market Overview
    • Diagnostic Equipment
    • Vision Care Equipment and Surgical Equipment.
  • Global Optometry Equipment Market by Application
    • Market Overview
    • Refractive Error Correction
    • Cataract Diagnosis and Surgery
    • Glaucoma Diagnosis and Management and Retinal Disorders.
  • Global Optometry Equipment Market by End - use
    • Market Overview
    • Hospitals
    • Optometry Clinics
    • Ambulatory Surgical Centers (ASCs) and Optical Centers.
  • Global Optometry Equipment Market Size by Region
    • Market Overview
    • North America
  • USA
  • Canada
    • Europe
  • Germany
  • Spain
  • France
  • UK
  • Rest of Europe
    • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
    • Latin America
  • Brazil
  • Rest of Latin America
    • Middle East & Africa (MEA)
  • GCC Countries
  • South Africa
  • Rest of MEA
  • Competitive Landscape
    • Top 5 Player Comparison
    • Market Positioning of Key Players, 2021
    • Strategies Adopted by Key Market Players
    • Top Winning Strategies
  • By Development
  • By Company
  • By Year
    • Recent Activities in the Market
    • Key Companies Market Share (%), 2021
  • Key Company Profiles
    • Carl Zeiss Meditec AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • Essilor International S.A. (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • Topcon Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • Nidek Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • Haag-Streit Group (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • Novartis AG (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • CooperVision, Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • Johnson & Johnson Vision Care, Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • Bausch + Lomb (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • Alcon, Inc. (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • Hoya Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • Ziemer Group AG (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • Santinelli International, Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • Luneau Technology Group (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • Heidelberg Engineering GmbH (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • Reichert, Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • OCULUS Optikgerate GmbH (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • Optovue, Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • ZEISS Vision Care (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
    • Marco Ophthalmic, Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

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