Market Overview:
The global eyesight test equipment market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of eye diseases, growing awareness about eye health, and technological advancements in ophthalmic devices. The global eyesight test equipment market can be segmented on the basis of type into portable and stationary devices. The portable devices segment is expected to grow at a higher CAGR than the stationary devices segment during the forecast period from 2018 to 2030. This growth can be attributed to the increasing demand for handheld ophthalmic devices among patients owing to their ease of use and portability. On the basis of application, the global eyesight test equipment market can be divided into children, adults, and elderly population segments. The adult population segment is expected to account for a larger share of this market than other segments during the forecast period from 2018to 2030 due to rising incidence rates of vision problems among adults across all regions worldwide.
Product Definition:
An eyesight test equipment is a device used to measure the visual acuity of an individual. It is typically a chart with letters or symbols that become progressively smaller in size. The individual's ability to read the smallest letter on the chart is indicative of their visual acuity.
Portable:
Portable is a relative term in the eyesight test equipment market. It means that the product can be transported from one place to another without much difficulty and it's easy to carry for consumers as well. The major factor driving this market includes growing geriatric population base, increasing prevalence of age-related ophthalmic disorders such as myopia (near sightedness), hyperopia (far sightedness) and astigmatism along with rising awareness regarding vision tests among people.
Stationary:
Stationary and it's usage in eyesight test equipment market is expected to grow at a significant rate over the forecast period. The major factor that propels the growth of this market includes increasing incidences of vision impairment globally. According to statistics published by WHO, around 1 billion people are affected with visual impairment or blindness worldwide.
Application Insights:
Based on the application, the market is segmented into children, adults and the elder. The adult segment held a major share of over 60% in 2017. This is due to an increase in geriatric population across the globe which requires continuous monitoring of eyesight for better vision care services. Moreover, increasing number of eye surgeries being performed has led to increased demand for such devices at home or workplace thus driving up adoption rate among adults as well as elderly people who live alone at home without any family member nearby to monitor their eyesight for them.
The child segment is expected to exhibit fastest CAGR during forecast period owing to growing awareness about eye health and vision deficiency among children from pre-school age till they complete elementary education level.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of a large number of players and high adoption rate for advanced technologies. The increasing prevalence of eye diseases, growing geriatric population, and availability of reimbursement are some factors driving regional growth. In addition, technological advancements such as digital retinal imaging is further expected to fuel demand for equipment in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to rising disposable income coupled with improving healthcare infrastructure especially in developing countries such as India and China. Furthermore, an increase in awareness about early diagnosis will also contribute towards regional growth during the forecast period from 2018 to 2030 timeframe. For instance; according to WHO data published on 27th January 2018; cataract surgery rates have increased by 43% from 2000 - 2016 which indicates huge unmet needs that can be addressed through EGTEs market development programs.-all-around vision improvement products.
Growth Factors:
- Increasing demand for eye care services and products
- Growing prevalence of eye diseases and disorders
- Rising awareness about the benefits of early diagnosis and treatment of eye problems
- Technological advancements in ophthalmic diagnostic equipment
- Growing number of ophthalmologists and other healthcare professionals who are using advanced diagnostic equipment for accurate diagnosis
Scope Of The Report
Report Attributes
Report Details
Report Title
Eyesight Test Equipment Market Research Report
By Type
Portable, Stationary
By Application
Children, Adults, The Elder
By Companies
EyeNetra, Bhavana MDC, Essilor International, Alcon, Inc., Heine, Heidelberg Engineering GmbH, Seiko Optical Products, Nidek, Carl Zeiss AG, Hoya Corporation, EyeNetra, Shenzhen Certainn Technology
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Eyesight Test Equipment Market Report Segments:
The global Eyesight Test Equipment market is segmented on the basis of:
Types
Portable, Stationary
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
Children, Adults, The Elder
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:
- EyeNetra
- Bhavana MDC
- Essilor International
- Alcon, Inc.
- Heine
- Heidelberg Engineering GmbH
- Seiko Optical Products
- Nidek
- Carl Zeiss AG
- Hoya Corporation
- EyeNetra
- Shenzhen Certainn Technology
Highlights of The Eyesight Test Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable
- Stationary
- By Application:
- Children
- Adults
- The Elder
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Eyesight Test Equipment 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Eyesight test equipment is used to measure the visual acuity of a person. This equipment includes a chart and an eye chart reader.
Some of the major companies in the eyesight test equipment market are EyeNetra, Bhavana MDC, Essilor International, Alcon, Inc., Heine, Heidelberg Engineering GmbH, Seiko Optical Products, Nidek, Carl Zeiss AG, Hoya Corporation, EyeNetra, Shenzhen Certainn Technology.
The eyesight test equipment market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Eyesight Test Equipment 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 Eyesight Test Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Eyesight Test Equipment 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 Eyesight Test Equipment 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 Eyesight Test Equipment Market Size & Forecast, 2020-2028
4.5.1 Eyesight Test Equipment Market Size and Y-o-Y Growth
4.5.2 Eyesight Test Equipment Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Portable
5.2.2 Stationary
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Children
6.2.2 Adults
6.2.3 The Elder
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Eyesight Test Equipment 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 Eyesight Test Equipment 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Portable
9.6.2 Stationary
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 Market Size Forecast by Applications
9.10.1 Children
9.10.2 Adults
9.10.3 The Elder
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Portable
10.6.2 Stationary
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 Market Size Forecast by Applications
10.10.1 Children
10.10.2 Adults
10.10.3 The Elder
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Portable
11.6.2 Stationary
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 Market Size Forecast by Applications
11.10.1 Children
11.10.2 Adults
11.10.3 The Elder
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Portable
12.6.2 Stationary
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 Market Size Forecast by Applications
12.10.1 Children
12.10.2 Adults
12.10.3 The Elder
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Portable
13.6.2 Stationary
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) Market Size Forecast by Applications
13.10.1 Children
13.10.2 Adults
13.10.3 The Elder
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 Eyesight Test Equipment Market: Competitive Dashboard
14.2 Global Eyesight Test Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 EyeNetra
14.3.2 Bhavana MDC
14.3.3 Essilor International
14.3.4 Alcon, Inc.
14.3.5 Heine
14.3.6 Heidelberg Engineering GmbH
14.3.7 Seiko Optical Products
14.3.8 Nidek
14.3.9 Carl Zeiss AG
14.3.10 Hoya Corporation
14.3.11 EyeNetra
14.3.12 Shenzhen Certainn Technology
