Market Overview:
The global ophthalmic refractometer 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 prevalence of eye diseases, rising awareness about eye health, and technological advancements in ophthalmic refractometers. Based on type, the global ophthalmic refractometer market is segmented into automatic and semi-automatic. The automatic segment is expected to grow at a higher CAGR than the semi-automatic segment during the forecast period from 2018 to 2030. This growth can be attributed to the increasing demand for automated devices owing to their accuracy and efficiency. Based on application, the global ophthalmic refractometer market is divided into optical shops, hospitals and clinics, and others (research institutes/laboratories). The hospitals and clinics segment accounted for a major share of this market in 2017 owing to rising demand for diagnostic services across regions.
Product Definition:
An ophthalmic refractometer is a medical device used to measure the power of a person's eye lens, in order to determine their eyeglass prescription. Ophthalmic refractometers are also used to measure the clarity of a person's cornea.
Automatic:
An automatic refractometer is a device used to measure the angle of deviation of light from its normal course. It is also known as an optical refractometer or ophthalmic refractometer. The most common usage of this instrument in ophthalmology is to determine if a patient has undergone cataract surgery and has 20/20 vision, by using the Snellen chart for measuring visual acuity.
Semi-Automatic:
Semi-automatic refractometer is a device used for measuring the anterior chamber depth of the eye. It’s an important tool in ophthalmic refractometry and keratometry. This device helps to measure corneal surface aberrations, astigmatism, and other optical errors of human eyes.
Application Insights:
The optical shop segment dominated the global market in 2017. The use of refractometers in optical shops helps determine the degree of prismatic error, which is caused due to misalignment of eyes and lenses. Prismatic error can be detected by holding a ruler and looking through the eyeglasses or contact lens wearer¢â‚¬â„¢s eye at an object at a distance. The other application includes hospitals & clinics, laboratories, and others such as education institutions, industrial units etc. Refractometer is used for measuring refractive errors such as myopia (near-sightedness), hyperopia (farsightedness), astigmatism (distorted vision at all distances).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing demand for advanced refractometers, high adoption of technologically advanced products, and presence of well-established ophthalmic care facilities in this region. Moreover, rising prevalence of diabetes is expected to fuel the product demand over the forecast period. According to American Diabetes Association (ADA), around 29 million people were diagnosed with diabetes in 2015 while another 87 million were estimated to have prediabetes symptoms – a condition that could eventually lead to full blown diabetes.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing its large geriatric population base and growing healthcare spending by local governments as well as foreign investors looking for potential growth opportunities within this region.
Growth Factors:
- Increasing prevalence of eye disorders and vision impairment: The increasing prevalence of various eye disorders, such as cataract, glaucoma, age-related macular degeneration (AMD), and diabetic retinopathy is expected to drive the demand for ophthalmic refractometers in the coming years. According to a study by The National Eye Institute, around 22 million Americans were affected by blindness or low vision in 2010. This number is expected to increase significantly over the next few years owing to the growing population of elderly people.
- Rising demand for point-of-care diagnostics: Ophthalmic refractometers are increasingly being used as point-of-care diagnostic devices owing to their accuracy and ease of use. This is likely to boost their demand in the coming years.
- Technological advancements: The development of novel technologies such as automated refraction systems has helped improve the accuracy and efficiency of ophthalmic refractometers considerably over the past few years. This is likely to fuel their growth in the near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ophthalmic Refractometer Market Research Report
By Type
Automatic, Semi-Automatic
By Application
Optical Shop, Hospitals and clinics, Others
By Companies
Topcon, Nidek, Reichert, Zeiss, Rexxam, Essilor, Canon, Huvitz, Marco, Taiyuan Xinyuan, Ningbo FLO Optical Co.,Ltd, Nongbo Justice, Ming Sing Optical, Shanghai Supore, Shanghai Chang’E Optical
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Ophthalmic Refractometer Market Report Segments:
The global Ophthalmic Refractometer market is segmented on the basis of:
Types
Automatic, Semi-Automatic
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 Shop, Hospitals and clinics, Others
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:
- Topcon
- Nidek
- Reichert
- Zeiss
- Rexxam
- Essilor
- Canon
- Huvitz
- Marco
- Taiyuan Xinyuan
- Ningbo FLO Optical Co.,Ltd
- Nongbo Justice
- Ming Sing Optical
- Shanghai Supore
- Shanghai Chang’E Optical
Highlights of The Ophthalmic Refractometer 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:
- Automatic
- Semi-Automatic
- By Application:
- Optical Shop
- Hospitals and clinics
- Others
- 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 Ophthalmic Refractometer 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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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?
An ophthalmic refractometer is a device used to measure the amount of light that enters an eye. It is often used by optometrists and ophthalmologists to diagnose and treat eye diseases.
Some of the major players in the ophthalmic refractometer market are Topcon, Nidek, Reichert, Zeiss, Rexxam, Essilor, Canon, Huvitz, Marco, Taiyuan Xinyuan, Ningbo FLO Optical Co.,Ltd, Nongbo Justice, Ming Sing Optical, Shanghai Supore, Shanghai Chang’E Optical.
The ophthalmic refractometer 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 Ophthalmic Refractometer 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 Ophthalmic Refractometer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ophthalmic Refractometer 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 Ophthalmic Refractometer 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 Ophthalmic Refractometer Market Size & Forecast, 2020-2028
4.5.1 Ophthalmic Refractometer Market Size and Y-o-Y Growth
4.5.2 Ophthalmic Refractometer 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 Automatic
5.2.2 Semi-Automatic
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 Optical Shop
6.2.2 Hospitals and clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ophthalmic Refractometer 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 Ophthalmic Refractometer 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 Automatic
9.6.2 Semi-Automatic
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 Optical Shop
9.10.2 Hospitals and clinics
9.10.3 Others
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 Automatic
10.6.2 Semi-Automatic
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 Optical Shop
10.10.2 Hospitals and clinics
10.10.3 Others
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 Automatic
11.6.2 Semi-Automatic
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 Optical Shop
11.10.2 Hospitals and clinics
11.10.3 Others
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 Automatic
12.6.2 Semi-Automatic
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 Optical Shop
12.10.2 Hospitals and clinics
12.10.3 Others
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 Automatic
13.6.2 Semi-Automatic
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 Optical Shop
13.10.2 Hospitals and clinics
13.10.3 Others
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 Ophthalmic Refractometer Market: Competitive Dashboard
14.2 Global Ophthalmic Refractometer 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 Canon
14.3.8 Huvitz
14.3.9 Marco
14.3.10 Taiyuan Xinyuan
14.3.11 Ningbo FLO Optical Co.,Ltd
14.3.12 Nongbo Justice
14.3.13 Ming Sing Optical
14.3.14 Shanghai Supore
14.3.15 Shanghai Chang’E Optical
