According to the latest report by IMARC Group, titled, “Eye Testing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, The global eye testing equipment market exhibited moderate growth during 2015-2020 and expects the market to grow at a CAGR of around 6% during 2021-2026.
Eye testing equipment represents the medical devices that are utilized for examining and detecting defects or abnormalities in the retina or internal structures of the eye. Some widely used eye testing equipment include autorefractors, focimeters, slit lamps, biometers, optical coherence tomography (OCT) scanners, etc. They assist in visualizing microscopic structures inside the eyes and monitoring eye health. Eye testing equipment is also employed for general examination and diagnosing glaucoma, cataract, amblyopia, etc. As a result, they find numerous applications across hospitals, diagnostic clinics, academic institutions, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Eye Testing Equipment Market Trends:
The rising prevalence of eye-related disorders is primarily driving the global eye testing equipment market. Furthermore, the elevating geriatric population, who are more susceptible to age-related macular degeneration, cataract, diabetic retinopathy, etc.,is also propelling the market growth. Besides this, the escalating demand for early diseasediagnosis, coupled with the launch of advanced surgical ophthalmic devices, is further augmenting the global market. Moreover, the growing number of patients having excessive eyestrain, lazy eye, night blindness, colour-blindness, etc., is acting as another growth-inducing factor. In the coming years, the increasing healthcare expenditure capacities of the consumers, coupled with the implementation of various initiatives to spread awareness towards preserving vision health, are expected to fuel the eye testing equipment market.
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Eye Testing Equipment Market 2021-2026 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Alcon Inc. (Novartis AG), bon Optic, Canon Medical Systems USA (Canon Inc.), Carl Zeiss AG (Carl-Zeiss-Stiftung), Essilor International (EssilorLuxottica), HEINE Optotechnik GmbH & Co. KG, Luneau Technology Group, Metall Zug AG, NIDEK CO. LTD. and Topcon Corporation.
The report has segmented the market on the basis on device, application and end user.
Breakup by Device:
- Slit Lamp
- Optical Coherence Tomography (OCT)
- Fundus Camera
- Autorefractor and Keratometer
Breakup by Application:
- General Examination
Breakup by End User:
- Eye Clinics
- Optometry Academic Institutes
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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