Phoropter Market Emerging Trends by 2021-2026 | Topcon, Nidek, Reichert, Zeiss, Rexxam, Marco

The global Phoropter market size is projected to grow in the historic period resulted from economic growth in emerging markets, the rise in awareness of the benefits and developed nations towards Phoropter costs and increasing production and growing capacity in Chemical industry, and healthy growth of pharmaceutical and food & beverage industry in developing countries, are supporting the growth of the Phoropter market.

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A phoropter or refractor is an ophthalmic testing device. It is commonly used by eye care professionals during an eye examination, and contains different lenses used for refraction of the eye during sight testing, to measure an individual's refractive error and determine his or her eyeglass prescription. A phoropter is an instrument used to test individual lenses on each eye during an exam. If, during an eye examination, your doctor has discovered a vision problem like nearsightedness, farsightedness or astigmatism, it's likely that one of the next steps you'll take will involve a phoropter.

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Pandemic impact on the Global Phoropter Market:

1 The Phoropter industry experienced decline in sector during the COVID-19 pandemic. This is attributed to the sharp decrease in chemical, pharmaceutical, automotive, and industrial sectors.

2 Manufacturing companies has prolonged closure of all its operations at its workplaces and manufacturing areas, until reopening instructions received from the government authorities.

3 In addition, due to reduction in labours in light of social distancing norms amid the COVID-19 pandemic, the Phoropter industry witnessed significant decrease in the production.

4 At the end of 2019, COVID-19 began to erupt in China, Due to the huge decrease of global economy; we forecast the growth rate of global economy will show a decrease of about 4%, due to this reason, Phoropter market size in 2020 will be lower than in previous years.

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Phoropter Market Players:

Topcon
Nidek
Reichert
Zeiss
Rexxam
Essilor
Huvitz
Marco
Luneau Technology
Righton
Takagi Seiko
Ming Sing Optical
Hangzhou Kingfisher
Shanghai Yanke

Product Type Segmentation:

Manual Phoropter
Automatic Phoropter

Industry Segmentation:

Optical Shops
Hospitals

Segmentation by Regions:

The research report includes a detailed study of regions of North America, Europe, China and Japan. The report has been given after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2021 to 2026.

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Top Industry News:

Topcon partnership with CyArk bolsters cultural site archival efforts on March 2, 2021 – Topcon Positioning Group announces its partnership with CyArk, a prominent non-profit organization committed to the conservation of cultural heritage sites around the globe.

Utilizing 3D digital documentation technology, CyArk works to ensure that culturally significant sites can be thoroughly and accurately documented for the benefit of current and future generations. Many of the technologies needed for doing so come from the geospatial world, making the Topcon partnership a welcome one, according to John Ristevski, CEO of CyArk.

“We have supported the documentation of over 200 sites around the world from the Mosque City of Bagerhat in Bangladesh to the iconic statues on Easter Island, but the need for high precision documentation continues to grow and there are many exciting projects yet to come,” he said. “High precision measurement and documentation of these culturally significant sites is critical for decision making, so we are thrilled to be partnering with Topcon, an industry leader in that area and more.”

The commitment from Topcon includes GNSS receivers, robotic total stations, field controllers, MAGNET software and a subscription to Topnet Live, the company’s real-time GNSS reference network. According to Ulrich Hermanski, executive vice president of Geopositioning for Topcon Positioning Group, having worked alongside CyArk in the past, it was a pleasure to continue to support the organization in this way.

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