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Optometry Equipment Market Report 2023-2032: Market Size, Growth Drivers And Key Trends
The Business Research Company's Optometry Equipment Global Market Report 2023 identifies eye diseases as the major driver for the Optometry Equipment market's growth in the forecast period. Eye diseases refer to any diseases or disorders that affect the human eye. Due to the widespread prevalence of eye diseases, optometry equipment is being used to provide an objective determination of refractive error and for looking inside the eye. The optometry equipment is used to search for magnified examination of the anterior segment of the eye, to check the power and axis of a cylindrical lens, and to check the power and axis of a contact lens.
The global optometry equipment market is expected to grow from $3.24 billion in 2022 to $3.46 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global optometry equipment market is expected to grow to $4.41 billion in 2027 at a CAGR of 6.3%.
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Major competitors in the Optometry Equipment market Carl Zeiss Meditec AG, Haag-Streit Group, Topcon Medical Systems, NIDEK Co. Ltd., Heidelberg Engineering Inc.
A key trend in the Optometry Equipment market includes technological advancement. Major market players operating optometry equipment market are developing advanced technologies to sustain their position in the market. In 2020, NIDEK CO. Ltd., a Japan-based designer, manufacturer, and distributor of ophthalmic, optometric, and lens edging equipment launched ME-1500 Multifunction Edger and ICE-1500 Intelligent Blocker, a technology to deliver expert lens edging. The unique processing method used by NIDEK produces edging that is comparable to the work of a master craftsman and has a high percentage of one-cut fit accuracy.
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The Optometry Equipment market is segmented -
• By Product: Cataract Surgery Devices, Glaucoma Surgery Devices, Ophthalmic Diagnostic Equipment, Vitreo Retinal Surgery Devices, Ophthalmic Lasers
• By Type Of Examination: Retina Examination, Cornea Examination, General Examination
• By End-User: Hospital Outpatients, Physician Practice, Specialty Clinics, Ambulatory Care Centers, Research Institutes
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Optometry Equipment market.
The Business Research Company's "Global Optometry Equipment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Optometry Equipment Market Include:
1. Executive Summary
2. Optometry Equipment Market Characteristics
3. Optometry Equipment Market Trends And Strategies
4. Optometry Equipment Market - Macro Economic Scenario
5. Optometry Equipment Market Size And Growth
……
26. Africa Optometry Equipment Market
27. Optometry Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Optometry Equipment Market
29. Optometry Equipment Market Future Outlook and Potential Analysis
30. Appendix
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