Press release
Instantaneous healthcare backed by 5G to drive the Lensometer Market at a CAGR of 4.9%
The global lensometer market expanded at a CAGR of 3.9% over the last nine years from 2012 to 2021. The market was valued at US$ 262.5 Mn in 2021 and is expected to reach a valuation of US$ 442.8 Mn by 2032, expanding at a CAGR of 4.9% over the 2022-2032 study period.As per this detailed industry analysis by Persistence Market Research, manual lensometers dominated the global market in 2021 in terms of revenue, accounting for around 61.1% of the total market, and their demand is predicted to expand at a CAGR of 4.4% over the decade.
Revenue from lensometer sales accounted for 8.2% share of the global ophthalmic diagnostic and monitoring market, which was estimated at around US$ 3.2 Bn in 2021.
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The global lensometer market is expected to grow significantly in the coming years, due to a number of factors including:
An aging population: As the global population ages, there is an increasing demand for eyeglasses and contact lenses, which in turn drives demand for lensometers.
The increasing prevalence of vision problems: The increasing prevalence of vision problems such as myopia (nearsightedness) and hyperopia (farsightedness) is driving demand for eyeglasses and contact lenses, which in turn drives demand for lensometers.
Technological advances: The development of new lensometer technologies, such as digital lensometers, has made it easier and more convenient for practitioners to obtain accurate lens measurements.
Government initiatives: Many governments around the world are promoting the use of eyeglasses and contact lenses as a way to improve vision and reduce the risk of vision-related problems.
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Companies
Topcon Corporation
Huvitz Corp.
Carl Zeiss
NIDEK CO.
Essilor
Takagi Seiko
REXXAM
Visionx
Ningbo FLO Optical
Key Segments Covered in Lensometer Industry Research
By Product:
Manual
Automated
By End User:
Hospitals
Ophthalmic Clinic
Academic and Research Institutes
Optical Stores
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa (MEA)
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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