Market Overview:
The global vision test apparatus 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 and disorders, growing awareness about eye health, and technological advancements in vision testing equipment. By type, the portable type segment is expected to grow at a higher CAGR than the fixed type segment during the forecast period. By application, children are expected to account for the largest share of the global vision test apparatus market in 2018; however, adult is projected to be the fastest-growing application segment duringthe forecast period.
Product Definition:
A vision test apparatus is a device used to measure an individual's visual acuity. This type of equipment is important for determining if someone needs glasses or contacts in order to improve their vision.
Portable Type:
Portable type is used to measure visual acuity in patients. It’s a device that helps the patient to read and identify objects by holding it at a certain distance from the eyes.
Fixed Type:
Fixed type is a device that has been designed to perform a specific function. It is used in vision testing apparatus for providing stimuli and measuring the response of the eye. The most common example of fixed type devices are Snellen chart lenses, which have been designed to render lines at certain distances.
The global market for fixed-type vision test apparatus was valued at USD 648.1 million in 2016.
Application Insights:
The adult application segment held the largest share of over 70.0% in 2017. The growing geriatric population across the world is expected to be one of the major factors driving this growth during the forecast period. For instance, as per United Nations (UN), there are nearly 37 million people aged 65 or above in Europe and this number is expected to reach 78 million by 2050, thus accounting for a significant portion of total population across Europe. Such trends are projected to boost demand for AGV devices among other things such as medicines and health supplements which can help improve vision stamina and sharpness when taken in right amount according to medical guidelines.
The old man application segment is also anticipated to witness considerable growth owing primarilyto increasing cases of eye diseases like myopia (near-sightedness) & presbyopia (farsightedness).
Regional Analysis:
North America dominated the global vision test apparatus market in 2017. The increasing prevalence of eye diseases, rising geriatric population and high adoption of technology are some factors contributing to the growth. Moreover, government initiatives for conducting periodic eye screening tests at workplace are also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative CAGR during the forecast period owing to a large target population and improving healthcare infrastructure in emerging countries such as China and India.
Growth Factors:
- Increasing demand for vision test apparatus from the ophthalmic clinics and hospitals
- Growing awareness about eye health and vision problems in the population
- Technological advancements in the field of vision testing equipment that make them more accurate and efficient
- Rising number of people with visual impairment or eye diseases that need regular monitoring and treatment
- Increasing demand for optometric services due to changing lifestyles, growing population, and aging demographics
Scope Of The Report
Report Attributes
Report Details
Report Title
Vision Test Apparatus Market Research Report
By Type
Portable Type, Fixed Type
By Application
Children, Adult, Old Man
By Companies
EyeNetra, Bhavana MDC, Essilor International, Alcon, Inc., Heine, Heidelberg Engineering GmbH, Seiko Optical Products, Nidek, Carl Zeiss AG, Hoya Corporation, Johnson & Johnson Vision Care.Inc., 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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Vision Test Apparatus Market Report Segments:
The global Vision Test Apparatus market is segmented on the basis of:
Types
Portable Type, Fixed Type
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, Adult, Old Man
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
- Johnson & Johnson Vision Care.Inc.
- Shenzhen Certainn Technology
Highlights of The Vision Test Apparatus 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 Type
- Fixed Type
- By Application:
- Children
- Adult
- Old Man
- 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 Vision Test Apparatus 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?
A vision test apparatus is a device used to measure the visual acuity of an individual.
Some of the major companies in the vision test apparatus market are EyeNetra, Bhavana MDC, Essilor International, Alcon, Inc., Heine, Heidelberg Engineering GmbH, Seiko Optical Products, Nidek, Carl Zeiss AG, Hoya Corporation, Johnson & Johnson Vision Care.Inc., Shenzhen Certainn Technology.
The vision test apparatus 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 Vision Test Apparatus 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 Vision Test Apparatus Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vision Test Apparatus 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 Vision Test Apparatus 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 Vision Test Apparatus Market Size & Forecast, 2020-2028
4.5.1 Vision Test Apparatus Market Size and Y-o-Y Growth
4.5.2 Vision Test Apparatus 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 Type
5.2.2 Fixed Type
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 Adult
6.2.3 Old Man
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vision Test Apparatus 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 Vision Test Apparatus 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 Type
9.6.2 Fixed Type
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 Adult
9.10.3 Old Man
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 Type
10.6.2 Fixed Type
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 Adult
10.10.3 Old Man
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 Type
11.6.2 Fixed Type
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 Adult
11.10.3 Old Man
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 Type
12.6.2 Fixed Type
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 Adult
12.10.3 Old Man
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 Type
13.6.2 Fixed Type
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 Adult
13.10.3 Old Man
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 Vision Test Apparatus Market: Competitive Dashboard
14.2 Global Vision Test Apparatus 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 Johnson & Johnson Vision Care.Inc.
14.3.12 Shenzhen Certainn Technology
