Vision Screeners Market Opportunity and Sales Analysis 2019 | Hill-Rom Holdings, Inc., Essilor International S.A., Adaptica S.r.l., OCULUS Surgical, Inc., Plusoptix Inc.

Global vision screener sales are likely to near US$ 500 Mn by the end of 2019. According to a new research intelligence study presented by Future Market Insights (FMI), the market for vision screeners will continue to witness an average 5.5% Y-o-Y growth in the revenues in 2019 and ahead. As reported by the study, more than a third of overall sales of vision screeners is targeted to a variety of vision screening tests, followed by color vision tests.

While portable or handheld vision screening devices have been sought after over the years, it is more likely that the vision screening software will experience rapid gains in coming years, as a result of brisk technological penetration. Moreover, as key manufacturers are investing considerable efforts in technological innovations of vision screeners, table-top variants are also likely to see healthy sales growth in the near future. Currently, more than 50% of the total sales are accounted by portable or handheld devices that are used during vision screening procedures, as per the report

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The rising prevalence of vision problems, advancements in technology, increasing healthcare spending, and the growing prevalence of diabetes constitute some of the key factors responsible for driving the global vision screeners market revenues. In addition to some of the most commonplace vision disorders, newly establishing problems such as digital eye strain (more popularly, computer vision syndrome) are strongly necessitating the demand for efficient vision screening tests, particularly among the younger population. This, according to FMI's analysis, will drive sales of vision screeners in the forthcoming years.

Inadequate Effectiveness of Vision Screening Tests Prevails in Developing Asian Markets

Accounting for a collective value share of over 60%, North America and Europe will continue to lead the pack in global vision screeners market. In addition to early adoption of advanced technologies and high awareness about vision problems and the significance of vision screening, the growth of market in these regions has been prominently attributed to the rapid consolidation of healthcare facilities within these regions.

On the other hand, dearth of skilled and trained professionals in the field of vision screening will remain the prime factor restraining vision screeners adoption across developing Asian countries. Relatively lesser competency to professionally and accurately assess vision screening results continues to pose significant barriers in the growth path of market within Asia Pacific (APAC).

According to the report, a sizeable number of vision screening tests cannot be performed on children who have reading problems such as hyperopia or astigmatism. As a result, the ineffectiveness of vision screeners continues to negatively influence the number of parents opting for pediatric vision screening tests, which is further a significant factor deterring the revenues of vision screeners market in APAC.

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Pediatric Vision Screening Emerging as a Prime Focus Area for Innovations

Some of the key players competing in the global vision screeners market landscape include Hill-Rom Holdings, Inc. (Welch Allyn), Essilor International S.A. (Stereo Optical Company Inc.), Adaptica S.r.l., OCULUS Surgical, Inc., Plusoptix Inc., Honeywell International Inc., FIM Medical SAS, SHANGHAI TOP VIEW INDUSTRIAL CO., LTD., Thomson Screening Solutions Ltd., and Keystone View. While a majority of these companies are concentrating in technological upgrades of the current offerings, augmented investments targeting FDA approvals will be an important strategy.

Moreover, multiple longstanding challenges prevailing in children's vision screening are highly likely to push the scope for innovations, which would help overcome the challenges and extend the efficiency of vision screening – specifically for children. The FMI study reveals how the companies that are manufacturing, supplying, and distributing vision screeners are strategizing on the growing traction in the pediatric patients segment.

Vision Screeners Market Reports - Table of Contents
1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Success Factors

3.1. Regulatory Scenario for Vision Screeners

3.2. Ice-Berg Analysis

3.3. Consumer Adoption Process

4. Global Vision Screeners Market Demand Analysis 2014-2018 and Forecast, 2019-2029

4.1. Historical Market Volume (Mn Units) Analysis, 2014-2018

4.2. Current and Future Market Volume (Mn Units) Projections, 2019-2029

4.3. Y-o-Y Growth Trend Analysis

5. Global Vision Screeners Market - Pricing Analysis

5.1. Regional Pricing Analysis By Product Type

5.2. Pricing Break-up

5.3. Global Average Pricing Analysis Benchmark

6. Global Vision Screeners Market Demand (in Value or Size in US$ Mn) Analysis 2014-2018 and Forecast, 2019-2029

6.1. Historical Market Value (US$ Mn) Analysis, 2014-2018

6.2. Current and Future Market Value (US$ Mn) Projections, 2019-2029

6.2.1. Y-o-Y Growth Trend Analysis

6.2.2. Absolute $ Opportunity Analysis

7. Market Background

7.1. Macro-Economic Factors

7.1.1. Global Increase in Healthcare Expenditure

7.1.2. Changes in Economic Structure and Employment

7.1.3. Shift Towards a Value-Based Healthcare Model

7.2. Forecast Factors - Relevance & Impact

7.2.1. New/Improved Product Launches

7.2.2. Percentage of New Sales of Vision Screeners

7.2.3. Prevalence of Vision Disorders

7.2.4. Technological Advancements

7.2.5. Increasing Number of Ophthalmology Clinics

7.2.6. Product Penetration Rate across End Users

7.2.7. Product Penetration across Regions

7.3. Market Dynamics

7.3.1. Drivers

7.3.2. Restraints

7.3.3. Opportunity Analysis

8. Global Vision Screeners Market Analysis 2014-2018 and Forecast 2019-2029, by Product Type

8.1. Introduction / Key Findings

8.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2013 - 2017

8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2018 - 2018

8.3.1. Table-Top Vision Screeners

8.3.2. Portable/Handheld Vision Screeners

8.3.3. Vision Screening Software

8.4. Market Attractiveness Analysis By Product Type

9. Global Vision Screeners Market Analysis 2014-2018 and Forecast 2019-2029, by Technology

9.1. Introduction / Key Findings

9.2. Historical Market Size (US$ Mn) Analysis By Technology, 2013 - 2017

9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Technology, 2018 - 2018

9.3.1. Digital Vision Screeners

9.3.2. Computer-Based Vision Screeners

9.4. Market Attractiveness Analysis By Technology

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