Market Overview:
The global optometry devices 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, rising geriatric population, and technological advancements in optometry devices. The retina and glaucoma examination products segment is expected to account for the largest share of the global optometry devices market in 2018. This segment is projected to grow at a CAGR of 7% during the forecast period from 2018 to 2030. The general examination products segment is projected to grow at a CAGR of 5% during the same period. In terms of application, clinics are expected to account for the largest share of the global optometry devices market in 2018.
Product Definition:
Optometry devices are used in the optometric profession to diagnose and treat eye conditions. They include eyeglasses, contact lenses, and other devices that help improve vision.
Retina and Glaucoma Examination Products:
The global retina and glaucoma examination products, it's usage and growth factor in optometry devices market size was valued at USD 1.5 billion in 2015. The increasing prevalence of eye diseases such as glaucoma & macular degeneration coupled with the rising geriatric population base is expected to drive the demand over the forecast period.
General Examination Products:
General examination products are used in optometry devices for vision testing, visual acuity assessment, and refractive error detection. These products include perimeter/visual field test kits, glaucoma screening tests & pre-glaucoma screening tests (such as gonioscopic), corneal topography systems/slit lamps, tonometers and ophthalmoscopes.
Application Insights:
Based on application, the global optometry devices market is segmented into clinics, hospitals and other healthcare facilities, and others. Clinics held the largest share in 2017 owing to increasing awareness about vision care among a large population that has been affected by diabetes or is at risk of developing it. The growing prevalence of diabetes will boost product demand over the forecast period as there are more people suffering from eye diseases due to this disease than previously known.
The hospital segment is expected to grow at a lucrative rate during the forecast period owing to rising cases of eye injuries caused due to accidents and violence across the world.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of optometrist practitioners and high patient awareness levels coupled with relatively higher healthcare expenditure levels in this region are some factors attributing to its largest share.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to an increase in the aging population, which necessitates regular eye check-ups, and growing disposable income that enables access to better quality treatment options. Moreover, increasing penetration of retail chains such as online optical stores and local distributors for major international players will boost industry growth during the forecast period.
Growth Factors:
- Increasing demand for optometry devices from emerging countries owing to the rise in population and growth in awareness about eye care.
- Technological advancements in optometry devices that offer enhanced features and benefits, which is resulting in an increase in their adoption by consumers.
- Growing demand for corrective lenses and eyeglasses due to the increasing prevalence of vision problems such as myopia, hyperopia, astigmatism, etc.
- Rising geriatric population who are more susceptible to developing vision problems and require regular eye check-ups/treatment; this is expected to drive the demand for optometry devices over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Optometry Devices Market Research Report
By Type
Retina and Glaucoma Examination Products, General Examination Products, Cornea and Cataract Examination Products
By Application
Clinics, Hospitals, Other End Users
By Companies
Carl Zeiss, Haag-Streit, Topcon, Nidek, Heidelberg Engineering, Novartis, Valeant, Canon, Essilor, Heine Optotechnik, Carl Zeiss, Escalon
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Optometry Devices Market Report Segments:
The global Optometry Devices market is segmented on the basis of:
Types
Retina and Glaucoma Examination Products, General Examination Products, Cornea and Cataract Examination Products
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
Clinics, Hospitals, Other End Users
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:
- Carl Zeiss
- Haag-Streit
- Topcon
- Nidek
- Heidelberg Engineering
- Novartis
- Valeant
- Canon
- Essilor
- Heine Optotechnik
- Carl Zeiss
- Escalon
Highlights of The Optometry Devices 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:
- Retina and Glaucoma Examination Products
- General Examination Products
- Cornea and Cataract Examination Products
- By Application:
- Clinics
- Hospitals
- Other End Users
- 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 Optometry Devices 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?
Optometry devices are used to diagnose and treat eye diseases. These devices include eyeglasses, contact lenses, telescopes, and microscopes.
Some of the major companies in the optometry devices market are Carl Zeiss, Haag-Streit, Topcon, Nidek, Heidelberg Engineering, Novartis, Valeant, Canon, Essilor, Heine Optotechnik, Carl Zeiss, Escalon.
The optometry devices 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 Optometry Devices 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 Optometry Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optometry Devices 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 Optometry Devices 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 Optometry Devices Market Size & Forecast, 2020-2028
4.5.1 Optometry Devices Market Size and Y-o-Y Growth
4.5.2 Optometry Devices 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 Retina and Glaucoma Examination Products
5.2.2 General Examination Products
5.2.3 Cornea and Cataract Examination Products
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 Clinics
6.2.2 Hospitals
6.2.3 Other End Users
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optometry Devices 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 Optometry Devices 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 Retina and Glaucoma Examination Products
9.6.2 General Examination Products
9.6.3 Cornea and Cataract Examination Products
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 Clinics
9.10.2 Hospitals
9.10.3 Other End Users
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 Retina and Glaucoma Examination Products
10.6.2 General Examination Products
10.6.3 Cornea and Cataract Examination Products
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 Clinics
10.10.2 Hospitals
10.10.3 Other End Users
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 Retina and Glaucoma Examination Products
11.6.2 General Examination Products
11.6.3 Cornea and Cataract Examination Products
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 Clinics
11.10.2 Hospitals
11.10.3 Other End Users
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 Retina and Glaucoma Examination Products
12.6.2 General Examination Products
12.6.3 Cornea and Cataract Examination Products
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 Clinics
12.10.2 Hospitals
12.10.3 Other End Users
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 Retina and Glaucoma Examination Products
13.6.2 General Examination Products
13.6.3 Cornea and Cataract Examination Products
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 Clinics
13.10.2 Hospitals
13.10.3 Other End Users
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 Optometry Devices Market: Competitive Dashboard
14.2 Global Optometry Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carl Zeiss
14.3.2 Haag-Streit
14.3.3 Topcon
14.3.4 Nidek
14.3.5 Heidelberg Engineering
14.3.6 Novartis
14.3.7 Valeant
14.3.8 Canon
14.3.9 Essilor
14.3.10 Heine Optotechnik
14.3.11 Carl Zeiss
14.3.12 Escalon
