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Prominent Eye Testing Equipment Market Trend for 2025: Advanced Handheld AI Fundus Cameras In Eye-Testing Equipment Market
Eye Testing Equipment
The increasing prevalence of eye-related disorders is expected to drive the growth of the eye-testing equipment market. Conditions like glaucoma, cataracts, and macular degeneration are on the rise due to aging populations, environmental factors, and lifestyle changes. Eye-testing equipment helps in the early detection and monitoring of these disorders. In the U.S., over 3.4 million people aged 40 and older were blind or visually impaired in 2024, a number that is expected to double by 2030, according to the Centers for Disease Control and Prevention. Therefore, the growing prevalence of eye disorders is driving the eye-testing equipment market.
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What is the future CAGR of the eye testing equipment market, and how will it impact industry expansion?
The eye testing equipment market has seen considerable growth in recent years. It will rise from $3.27 billion in 2024 to $3.54 billion in 2025, with a CAGR of 8.0%. The historical growth is linked to the rising prevalence of vision disorders, a growing aging population, heightened awareness about eye health, government initiatives in vision care, and higher healthcare spending.
The eye testing equipment market is projected to grow to $4.75 billion by 2029 at a CAGR of 7.6%. This growth is attributed to the rise in telemedicine adoption, greater demand for portable devices, an increase in diabetes and related eye disorders, a stronger focus on preventive healthcare, and a growing middle-class population. Key trends involve the integration of AI and machine learning in diagnostics, the increasing use of virtual reality in eye exams, personalized eye care solutions, advanced imaging technologies, and collaborations between tech companies and healthcare providers.
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What are the most significant trends transforming the eye testing equipment market today?
Major players in the eye-testing equipment market are focusing on developing advanced handheld AI-powered fundus cameras to improve diagnostic accuracy and optimize screening processes. These devices capture detailed images of the eye's fundus for diagnosing eye conditions. For example, Optomed USA, a US-based medical tech company, launched the Optomed Aurora AEYE in May 2024. This handheld AI device aids in detecting diabetic retinopathy at earlier stages, enabling faster screenings in primary care settings. It simplifies the process by requiring only one image per eye and delivering results in less than a minute.
Which key market segments comprise the eye testing equipment market and drive its revenue growth?
The eye testing equipment market covered in this report is segmented -
1) By Device: Slit Lamp, Biometer, Perimeter, Tonometer, Optical Coherence Tomography (OCT), Fundus Camera, Autorefractor And Keratometer, Other Devices
2) By Application: General Examination, Glaucoma, Cataract, Other Applications
3) By End User: Hospital, Eye Clinic, Optometry Academic Institute
Subsegments:
1) By Slit Lamp: Tabletop Slit Lamp, Handheld Slit Lamp, Digital Slit Lamp
2) By Biometer: Optical Biometer, Ultrasound Biometer
3) By Perimeter: Static Perimeter, Kinetic Perimeter
4) By Tonometer: Applanation Tonometer, Non-Contact Tonometer, Rebound Tonometer, Indentation Tonometer
5) By Optical Coherence Tomography (OCT): Spectral Domain OCT (SD-OCT), Swept-Source OCT (SS-OCT), Handheld OCT
6) By Fundus Camera: Mydriatic Fundus Camera, Non-Mydriatic Fundus Camera, Hybrid Fundus Camera
7) By Autorefractor And Keratometer: Standalone Autorefractor, Combined Autorefractor-Keratometer
8) By Other Devices: Phoropter, Retinoscope, Visual Field Analyzer, Corneal Topographer
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Which regions are key players in the growth of the eye testing equipment market?
North America was the largest region in the eye testing equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the eye testing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the eye testing equipment market?
Major companies operating in the eye testing equipment market are Johnson & Johnson, EssilorLuxottica SA, Shanghai Bolan Optical Electric Co. Ltd, Alcon Inc., Bausch Health Companies Inc, AMETEK Inc., Canon Medical Systems Inc., Heidelberg Engineering GmbH., Carl Zeiss Meditec AG, Halma plc, Topcon Corporation, Metall Zug AG, Takagi Seiko Co. Ltd., Nidek Co. Ltd, HEINE Optotechnik GmbH & Co. KG, Revenio Group PLC, Huvitz Co. Ltd., Coburn Technologies Inc., Luneau Technology Group, Kowa Company Ltd., Oculus Inc., Apollo Medical Optics Ltd., Tomey Corporation, Albert Waeschle Limited
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What Is Covered In The Eye Testing Equipment Global Market Report?
•Market Size Forecast: Examine the eye testing equipment market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the eye testing equipment market for a structured understanding.
•Key Players Overview: Analyze major players in the eye testing equipment market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the eye testing equipment market.
•Segment Contributions: Evaluate how different segments drive overall growth in the eye testing equipment market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the eye testing equipment market.
•Industry Challenges: Identify potential risks and obstacles affecting the eye testing equipment market.
•Competitive Landscape: Review strategic developments in the eye testing equipment market, including expansions, agreements, and new product launches.
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