Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Automated Phoropter Market by Type (Stationary, Portable), By Application (Optical Shops, Hospitals, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Automated Phoropter Market by Type (Stationary, Portable), By Application (Optical Shops, Hospitals, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 229027 4200 Medical Devices & Consumables 377 163 Pages 4.6 (42)
                                          

Market Overview:


The global automated phoropter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for ophthalmic devices and rising prevalence of eye disorders. Based on type, the automated phoropter market can be segmented into stationary and portable automated phoropters. The stationary automated phoropter segment is expected to account for a larger share of the global market than the portable automated phoropter segment during the forecast period. This can be attributed to factors such as ease of use and accuracy offered by stationary automated phoropters over portable ones. Based on application, the global Automated Phoropter Market can be divided into optical shops, hospitals, and other applications segments.


Global Automated Phoropter Industry Outlook


Product Definition:


An automated phoropter is a device used to measure the refractive error of the eye. The importance of an automated phoropter is that it allows for more accurate measurements to be taken than manual methods.


Stationary:


Stationary is a type of Phoropters used to automate the movement of goods in and out of warehouse, it can be used for small or large scale operations. It helps in reducing human intervention which thereby reduces labor cost. The market size was estimated at USD 2 billion in 2015 and is expected to grow at a CAGR around 8% over the forecast period.


Portable:


The portable phoropter is a device used to dispense liquid from pharmaceutical packaging. It is also known as the automated phoroptrator or automatic pharmacy machine. The portable phorooter can be used by any pharmacist, whether he/she works in a hospital, retail drug store or independent pharmacy.


It's main function is to ensure that every available dose of medication gets delivered to the patient.


Application Insights:


The optical shops segment dominated the global automated phoropter market in 2017. The growth can be attributed to a rise in demand for spectacles and frames from a growing population across the globe. According to WHO, by 2050, there will be approximately 9 billion people in the world. This increase in population is expected to lead to an increased demand for spectacles and frames which, subsequently, will boost product adoption over the forecast period.


Hospitals are anticipated to emerge as one of the fastest-growing segments over the forecast period owing to rising investments by governments across various regions towards building hospitals that comply with international standards (for instance, Joint Commission International). These hospitals offer advanced healthcare facilities along with state-of-the-art diagnostic equipment and medicines; this boosts product adoption further. Moreover, technological advancements such as integration of AI technology into automated phoropter systems drive its demand further still.


Regional Analysis:


North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing adoption of automated systems and rising demand for efficient healthcare services in countries, such as U.S., Canada, and Mexico. In addition, growing number of optical shops is also expected to drive regional growth over the next eight years.


Asia Pacific region accounted for a revenue share of 23% in 2017 owing to rapid economic development coupled with improving healthcare infrastructure and growing population in countries like China, India Japan South Korea etcetera). These factors are anticipated to boost demand for phoropter systems across Asia Pacific during the forecast period from 2018-2030  (estimated).


Growth Factors:


  • Increasing demand for vision correction procedures: The global population is aging, and with this, the prevalence of refractive errors is also increasing. This is driving the demand for automated phoropter systems as they offer an efficient and accurate way to correct vision problems.
  • Technological advancements: Automated phoropter systems are becoming more sophisticated with each passing day, thanks to ongoing technological advancements. This is resulting in better performance and higher patient satisfaction rates.
  • Growing popularity of refractive surgery: Refractive surgery has gained immense popularity in recent years due to its ability to correct a wide range of vision problems permanently. This is fueling the demand for automated phoropter systems as they are an essential part of most refractive surgeries.

Scope Of The Report

Report Attributes

Report Details

Report Title

Automated Phoropter Market Research Report

By Type

Stationary, Portable

By Application

Optical Shops, Hospitals, Other

By Companies

Topcon, Nidek, Reichert, Zeiss, Rexxam, Essilor, Huvitz, Marco, Luneau Technology, Righton, Topcon, Briot

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

163

Number of Tables & Figures

115

Customization Available

Yes, the report can be customized as per your need.


Global Automated Phoropter Market Report Segments:

The global Automated Phoropter market is segmented on the basis of:

Types

Stationary, Portable

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Optical Shops, Hospitals, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Topcon
  2. Nidek
  3. Reichert
  4. Zeiss
  5. Rexxam
  6. Essilor
  7. Huvitz
  8. Marco
  9. Luneau Technology
  10. Righton
  11. Topcon
  12. Briot

Global Automated Phoropter Market Overview


Highlights of The Automated Phoropter Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Stationary
    2. Portable
  1. By Application:

    1. Optical Shops
    2. Hospitals
    3. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Automated Phoropter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

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Global Automated Phoropter Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Automated Phoropter is a machine that can automatically take pictures and videos.

Some of the major companies in the automated phoropter market are Topcon, Nidek, Reichert, Zeiss, Rexxam, Essilor, Huvitz, Marco, Luneau Technology, Righton, Topcon, Briot.

The automated phoropter market is expected to register a CAGR of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automated Phoropter Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Automated Phoropter Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Automated Phoropter Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Automated Phoropter Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Automated Phoropter Market Size & Forecast, 2018-2028       4.5.1 Automated Phoropter Market Size and Y-o-Y Growth       4.5.2 Automated Phoropter Market Absolute $ Opportunity

Chapter 5 Global Automated Phoropter Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Automated Phoropter Market Size Forecast by Type
      5.2.1 Stationary
      5.2.2 Portable
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Automated Phoropter Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Automated Phoropter Market Size Forecast by Applications
      6.2.1 Optical Shops
      6.2.2 Hospitals
      6.2.3 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Automated Phoropter Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Automated Phoropter Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Automated Phoropter Analysis and Forecast
   9.1 Introduction
   9.2 North America Automated Phoropter Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Automated Phoropter Market Size Forecast by Type
      9.6.1 Stationary
      9.6.2 Portable
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Automated Phoropter Market Size Forecast by Applications
      9.10.1 Optical Shops
      9.10.2 Hospitals
      9.10.3 Other
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Automated Phoropter Analysis and Forecast
   10.1 Introduction
   10.2 Europe Automated Phoropter Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Automated Phoropter Market Size Forecast by Type
      10.6.1 Stationary
      10.6.2 Portable
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Automated Phoropter Market Size Forecast by Applications
      10.10.1 Optical Shops
      10.10.2 Hospitals
      10.10.3 Other
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Automated Phoropter Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Automated Phoropter Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Automated Phoropter Market Size Forecast by Type
      11.6.1 Stationary
      11.6.2 Portable
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Automated Phoropter Market Size Forecast by Applications
      11.10.1 Optical Shops
      11.10.2 Hospitals
      11.10.3 Other
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Automated Phoropter Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Automated Phoropter Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Automated Phoropter Market Size Forecast by Type
      12.6.1 Stationary
      12.6.2 Portable
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Automated Phoropter Market Size Forecast by Applications
      12.10.1 Optical Shops
      12.10.2 Hospitals
      12.10.3 Other
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Automated Phoropter Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Automated Phoropter Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Automated Phoropter Market Size Forecast by Type
      13.6.1 Stationary
      13.6.2 Portable
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Automated Phoropter Market Size Forecast by Applications
      13.10.1 Optical Shops
      13.10.2 Hospitals
      13.10.3 Other
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Automated Phoropter Market: Competitive Dashboard
   14.2 Global Automated Phoropter Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Topcon
      14.3.2 Nidek
      14.3.3 Reichert
      14.3.4 Zeiss
      14.3.5 Rexxam
      14.3.6 Essilor
      14.3.7 Huvitz
      14.3.8 Marco
      14.3.9 Luneau Technology
      14.3.10 Righton
      14.3.11 Topcon
      14.3.12 Briot

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