Press release
Optometry Equipment Market is Estimated to Reach USD 6.1 by 2031, Growing at a CAGR of 6.2% Over the Period 2024-2031 | Halma Plc, Ziemer Ophthalmic Systems AG, ZEISS Group
Optometry Equipment Market
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The Global Optometry Equipment Market reached USD 3.8 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 6.1 billion by 2031. The Global Optometry Equipment Market is expected to exhibit a CAGR of 6.2% during the forecast period 2024-2031.
Optometry equipment includes specialized tools and devices used for diagnosing, measuring, and treating vision-related conditions. Key instruments include autorefractors, phoropters, slit lamps, tonometers, and optical coherence tomography (OCT) scanners. These devices help optometrists assess refractive errors, eye pressure, and overall eye health, enabling accurate prescriptions and early detection of conditions like glaucoma, cataracts, and macular degeneration. Advances in technology continue to enhance diagnostic precision and patient care in optometry.
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List of the Key Players in the Optometry Equipment Market:
Halma Plc, Ziemer Ophthalmic Systems AG, ZEISS Group, Topcon Corporation, Lumibird Medical, Nidek Co., Ltd., Haag-Streit Group, Coburn Technologies, Inc., Kowa American Corporation and Oculus Inc.
Industry Development:
On June 1, 2023, ZEISS introduced the Volutome, an in-chamber ultramicrotome for its field emission scanning electron microscopes (FE-SEM). Designed for life sciences, it enables 3D imaging of resin-embedded biological tissue. The system features end-to-end serial block-face imaging with segmentation, image processing, and display capabilities. The ultramicrotome can be removed, converting the 3D FE-SEM into a standard FE-SEM for broader applications.
On May 23, 2023, Topcon Healthcare, CooperVision, and U.S. eye care practices collaborated to assess how axial length (AL) measurements enhance myopia management. Selected clinics using CooperVision MiSight 1 day soft contact lenses received Topcon's MYAH optical biometer and corneal topographer to improve diagnostic confidence.
On April 17, 2023, NIDEK CO., LTD. launched the NT-1/1e Non-Contact Tonometer models. The NT-1p/1 features fully automated measurements with an air-nozzle contact sensor for enhanced patient safety. The NT-1e offers manual operation with user-friendly controls. Both models include 3D autonomous tracking for fast, precise measurements.
Growth Forecast Projected:
The Global Optometry Equipment Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Optometry Equipment Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Optometry Equipment Market:
By Product Type: Refractometer, Optical Coherence Tomography, Ophthalmic Ultrasound Devices, Tonometers, Tonometer, Slit Lamp, Corneal Topography Systems, Ophthalmoscope, Fundus Camera, Lensometers, Others
By Application: Cataract, Glaucoma, Age-related Macular Degeneration, Diabetic Macular Edema, Others
By End User: Hospitals, Ophthalmic Clinics, Ambulatory Surgical Centers, Others
Regional Analysis for Optometry Equipment Market:
The regional analysis of the Optometry Equipment Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Optometry Equipment market?
➠ Who are the leading manufacturers in the global Optometry Equipment industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Optometry Equipment industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Optometry Equipment market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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