Optometry Equipment Market Major Key Players Canon, Carl Zeiss AG, Escalon Services, Essilor International S.A || Analysis by Applications and Types

The Global Optometry Equipment Market, by Product Type (Retinoscopes, OCT Scanners, Corneal Topography Systems, Visual Field Analyzers, Ophthalmic Ultrasound Systems, Fundus Cameras, Autorefractors and Keratometers, Ophthalmoscopes, Optical Biometry Systems, Specular Microscopes, Wavefront Aberrometers, Other Equipment, Accessories), by End User (Eye Specialty Clinics, Ophthalmic Hospitals, Academic and Research Institutions), and by Region (North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa) was valued at US$ 2.4 billion in 2018, and is projected to exhibit a CAGR of 6.4% over the forecast period (2018 – 2026), as highlighted in a new report published by Coherent Market Insights.

Integration of technologically advanced optometry equipment in the eye clinics and ophthalmology hospitals are expected to propel demand for advanced optometry instruments. These are expected to assist optometrist to perform eye examination and possible diagnosis of disease condition, efficiently and safely, with better outcomes.

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Key players in the market are focusing on continuous product launches in optometry equipment, which is expected to support growth of the market. For instance, in February 2017, Haag-Streit UK launched new Allegra 700 microscope in the U.K. The new Allegra 700 microscope is specialized in ENT examination and procedures. Moreover, it is optimized to offer speed and flexibility during eye examination in clinics and hospitals.

Nidek, in April 2017, launched its NAVEX Quest M2: an advanced vision excimer laser system. This system is integrated with Quest M2 excimer laser system and Final Fit software: an eye tracking system for torsion error correction. Nidek intends to launch the device in the U.S. after the product gets Food and Drug Administration (FDA) approval. Furthermore, in August 2017, Nidek Co. Ltd. launched its new tabletop subjective refraction system: TS-310, in the U.S. market. The TS-310 integrates the chart and refractor into a single unit and allows eye care professionals to easily switch from near and far testing.

In November 2017, TearScience- a subsidiary of Johnson and Johnson Vision launched TearScience LipiScan and LipiFlow imager device in North America (U.S. and Canada). This durable and lightweight device offers high-definition meibography with easy workflow management.

For instance, in September 2015, The Luneau Technology Group: a company engaged in development, manufacture and marketing of Briot and Weco edgers and Visionix wavefront based refraction and diagnostic instruments, were merged its Briot USA subsidiary with AIT Industries: a distributor of ophthalmic equipment and instruments. Both AIT Industries and Briot USA will continue their business under their current names. This partnership between AIT Industries and Luneau Technology USA enables increased versatility in resource allocation increasing customer efficiency and expanding customer reach.

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This release was published on openPR.