Market Overview:
The global optical lens shape tracers 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. In addition, the growing geriatric population is also contributing to the growth of this market. The global optical lens shape tracers market can be segmented on the basis of type into automatic and manual optical lens shape tracers. The automatic optical lens shape tracers segment is expected to grow at a higher CAGR than the manual optical lens shape tracers segment during the forecast period from 2018 to 2030. This can be attributed to their ease of use and accuracy in tracing shapes.
Product Definition:
An optical lens shape tracer is a device that is used to help create the desired shape of an optical lens. This device helps to ensure that the lens is correctly shaped and that it meets the specific needs of the individual. The importance of using an optical lens shape tracer can be seen in how it can help produce high quality lenses.
Automatic:
Automatic Optical Lens Shape Tracers (O-LLST) is a new optical technology that uses image sensors to capture the 3D shape of an object and then creates a 2D image. The technique has been around for many years but was always used in special cases, where it was necessary to understand the shape of an object.
Manual:
The manual is a device that controls the shape of an optical lens. It helps in reshaping the light beam by making adjustments to various parameters such as focus, depth of field, and angle of incidence. The process is done manually with the help of special tools or devices called as mandrels or Manual Lens Shapers (MLS).
The optical lens shape tracers are used for testing.
Application Insights:
Based on application, the market is segmented into hospitals, clinics and optical shops. The others segment includes diagnostic centers and laboratories. Hospitals held the largest share in 2017 owing to a large number of applications such as surgeries, endoscopy procedures and medical imaging where lenses are used for improving image quality or providing magnification. Optical lens shape tracers are also used during cataract surgery to ensure accurate placement of the cataract implant after surgery by providing precise 3D images for postoperative planning purposes.
The clinics application segment is expected to witness lucrative growth over the forecast period due to increasing demand for non-invasive procedures such as ophthalmic ultrasound which requires high precision equipment along with experienced professionals who can provide effective treatment within a short span of time.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major players and increased adoption of advanced technologies. The region is expected to maintain its dominance over the forecast period due to increasing geriatric population base, which requires regular check-ups at hospitals and clinics. Rising number of cataract surgeries are also contributing towards growth in this region. According to data published by American Academy of Ophthalmology (AAO), ophthalmic surgeons performed approximately 9 million cataract surgeries in U.S.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising healthcare expenditure coupled with growing patient awareness levels regarding various eye diseases such as diabetic retinopathy.
Growth Factors:
- Increasing demand for optical lens shape tracers in the global market due to its high accuracy and precision.
- The technological advancements in the field of optics that has led to the development of new and innovative optical lens shape tracers, which is further expected to fuel the growth of this market in the coming years.
- Growing demand for automated optical inspection systems across various industrial sectors is another major factor driving the growth of this market globally.
- Rising awareness about quality control measures among consumers is also propelling the demand for optical lens shape tracers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Lens Shape Tracers Market Research Report
By Type
Automatic, Manual
By Application
Hospitals, Clinics, Others
By Companies
Takubo Machine Works, Essilor Group, Fuji Gankyo Kikai, Huvitz, Thales, Nidek, Visslo, Takubo Machine Works
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Optical Lens Shape Tracers Market Report Segments:
The global Optical Lens Shape Tracers market is segmented on the basis of:
Types
Automatic, Manual
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
Hospitals, 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:
- Takubo Machine Works
- Essilor Group
- Fuji Gankyo Kikai
- Huvitz
- Thales
- Nidek
- Visslo
- Takubo Machine Works
Highlights of The Optical Lens Shape Tracers 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
- Manual
- By Application:
- Hospitals
- 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 Optical Lens Shape Tracers 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
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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?
Optical lens shape tracers are a type of imaging technology that can be used to create images of the inside surfaces of lenses. These images can help researchers understand how light is distributed within the lens and how this affects image quality.
Some of the key players operating in the optical lens shape tracers market are Takubo Machine Works, Essilor Group, Fuji Gankyo Kikai, Huvitz, Thales, Nidek, Visslo, Takubo Machine Works.
The optical lens shape tracers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Optical Lens Shape Tracers 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 Optical Lens Shape Tracers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Optical Lens Shape Tracers 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 Optical Lens Shape Tracers 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 Optical Lens Shape Tracers Market Size & Forecast, 2018-2028 4.5.1 Optical Lens Shape Tracers Market Size and Y-o-Y Growth 4.5.2 Optical Lens Shape Tracers Market Absolute $ Opportunity
Chapter 5 Global Optical Lens Shape Tracers 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 Optical Lens Shape Tracers Market Size Forecast by Type
5.2.1 Automatic
5.2.2 Manual
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Optical Lens Shape Tracers 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 Optical Lens Shape Tracers Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Lens Shape Tracers 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 Optical Lens Shape Tracers 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 Optical Lens Shape Tracers Analysis and Forecast
9.1 Introduction
9.2 North America Optical Lens Shape Tracers 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 Optical Lens Shape Tracers Market Size Forecast by Type
9.6.1 Automatic
9.6.2 Manual
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 Optical Lens Shape Tracers Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 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 Optical Lens Shape Tracers Analysis and Forecast
10.1 Introduction
10.2 Europe Optical Lens Shape Tracers 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 Optical Lens Shape Tracers Market Size Forecast by Type
10.6.1 Automatic
10.6.2 Manual
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 Optical Lens Shape Tracers Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 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 Optical Lens Shape Tracers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical Lens Shape Tracers 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 Optical Lens Shape Tracers Market Size Forecast by Type
11.6.1 Automatic
11.6.2 Manual
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 Optical Lens Shape Tracers Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 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 Optical Lens Shape Tracers Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical Lens Shape Tracers 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 Optical Lens Shape Tracers Market Size Forecast by Type
12.6.1 Automatic
12.6.2 Manual
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 Optical Lens Shape Tracers Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 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) Optical Lens Shape Tracers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical Lens Shape Tracers 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) Optical Lens Shape Tracers Market Size Forecast by Type
13.6.1 Automatic
13.6.2 Manual
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) Optical Lens Shape Tracers Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 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 Optical Lens Shape Tracers Market: Competitive Dashboard
14.2 Global Optical Lens Shape Tracers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Takubo Machine Works
14.3.2 Essilor Group
14.3.3 Fuji Gankyo Kikai
14.3.4 Huvitz
14.3.5 Thales
14.3.6 Nidek
14.3.7 Visslo
14.3.8 Takubo Machine Works