The global optometry equipment market was valued at $4,240.8 million in 2021, and is projected to reach $7,812.1 million by 2031, registering a CAGR of 6.3% from 2022 to 2031. Optometry is a specialized health care profession that involves examining the eyes and related structures for defects or abnormalities. Optometrists are health care professionals who typically provide comprehensive primary eye care. Optometry equipment is frequently used in hospitals and clinics for cornea, cataract, glaucoma, retina, and general examination purposes. Retinoscopes, visual field analyzers, specular microscopes, ophthalmoscopes, wavefront aberrometers, fundus cameras, autorefractors, keratometers, and other tools are examples of these optometry tools. In addition, optometry equipment is used for diagnosis and treating eye disorders like cataract, glaucoma and for general eye examination.
The growth of optometry equipment market is driven by technological advancement for development of different optometry equipment, rise in the number of eye diseases and various strategies adopted such as product launch and product approval by the market key players. For instance, according to the data published by World Health Organization (WHO) in 2022, it was reported that over 2.2 billion population suffering from eye and vision problems. In addition, increase in the prevalence of cataract is anticipated to drive the demand for optometry equipment and fuels the growth of market. For instance, in October 2022, according to World Health Organization (WHO), it was reported that approximately 1 billion people over the globe are suffering from vision impairment. As per the same source it was reported that 88.4 million people are suffering from refractive error, 94 million are suffering from cataract, and 7.7 million people are suffering from Glaucoma.
In addition, rise in technological advancement in optometry is anticipated to drive the growth of optometry market. For instance, in February 2021, ZEISS vision care, an internationally leading technology enterprise operating in the fields of optics and optoelectronics, introduced its BlueGuard blue light blocking lenses. The technology has been incorporated into the lens material itself, offering protection up to 40% from the blue light of wavelength range of 400 and 455 nm, typically linked to digital eye strain.
Moreover, rise in healthcare expenditure, increasing disposable income and expanding middle-class population in developing countries are expected to create lucrative growth opportunities to drive the optometry equipment market. In addition, the geriatric population are more susceptible to eye diseases. For instance, according to Population Reference Bureau, in 2019, regions such as Asia and Europe are home to some of the world’s oldest populations, those aged 65 and above. Top countries include Japan at 28%, followed by Italy at 23%. Finland, Portugal, and Greece comprise the top five at just under 22%. Moreover, according to the article published in Geriatric Ophthalmology, in January 2021, states that 3.6 million individuals, or 18% of people over the age of 70, will be visually impaired.
Similarly, as per the Office for National Statistics, total healthcare expenditure in the UK accounted for 12.0% of the gross domestic product (GDP) in 2020, as compared to 9.9% in 2019. Furthermore, it has been estimated that 30% of the healthcare expenditure is used in upgrading the healthcare infrastructure, especially medical equipment and application used at public health centers, such as hospitals. Hence, rise in healthcare expenditure across the globe is expected to fuel the demand for optometry equipment application in eye disease for diagnosis and treatment, thereby boosting the market growth. Moreover, rise in the number of eye check-up camps and initiative taken by governments to develop healthcare infrastructure are anticipated to boost the market growth.
On the other hand, high cost of treatment and unavoidable side effects of the procedures are some factors that are anticipated to restrain the growth of the optometry equipment market.
The optometry equipment market is segmented into type, application, end user and region. By type, the market is segmented into refractor, slit lamp, retinal camera, optical imaging, tonometer, lensometer, perimeter, and others. By application, the market is segmented into cataract, glaucoma, refractive errors, age related macular degeneration and others. By end user, the market is segmented into clinics & specialty clinics and hospitals. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major companies that operate in the global optometry equipment market include Carl Zeiss AG., Essilor Luxottica, Topcon Corporation, NIDEK Co Ltd., Canon Inc., Heine Optotechnik, Revenio Group PLC., Oculus Inc., Halma PLc., and Kowa American Co.
The growth of optometry equipment market is driven by technological advancement for development of different optometry equipment, rise in the number of eye diseases and various strategies adopted such as product launch and product approval by the market key players. For instance, according to the data published by World Health Organization (WHO) in 2022, it was reported that over 2.2 billion population suffering from eye and vision problems. In addition, increase in the prevalence of cataract is anticipated to drive the demand for optometry equipment and fuels the growth of market. For instance, in October 2022, according to World Health Organization (WHO), it was reported that approximately 1 billion people over the globe are suffering from vision impairment. As per the same source it was reported that 88.4 million people are suffering from refractive error, 94 million are suffering from cataract, and 7.7 million people are suffering from Glaucoma.
In addition, rise in technological advancement in optometry is anticipated to drive the growth of optometry market. For instance, in February 2021, ZEISS vision care, an internationally leading technology enterprise operating in the fields of optics and optoelectronics, introduced its BlueGuard blue light blocking lenses. The technology has been incorporated into the lens material itself, offering protection up to 40% from the blue light of wavelength range of 400 and 455 nm, typically linked to digital eye strain.
Moreover, rise in healthcare expenditure, increasing disposable income and expanding middle-class population in developing countries are expected to create lucrative growth opportunities to drive the optometry equipment market. In addition, the geriatric population are more susceptible to eye diseases. For instance, according to Population Reference Bureau, in 2019, regions such as Asia and Europe are home to some of the world’s oldest populations, those aged 65 and above. Top countries include Japan at 28%, followed by Italy at 23%. Finland, Portugal, and Greece comprise the top five at just under 22%. Moreover, according to the article published in Geriatric Ophthalmology, in January 2021, states that 3.6 million individuals, or 18% of people over the age of 70, will be visually impaired.
Similarly, as per the Office for National Statistics, total healthcare expenditure in the UK accounted for 12.0% of the gross domestic product (GDP) in 2020, as compared to 9.9% in 2019. Furthermore, it has been estimated that 30% of the healthcare expenditure is used in upgrading the healthcare infrastructure, especially medical equipment and application used at public health centers, such as hospitals. Hence, rise in healthcare expenditure across the globe is expected to fuel the demand for optometry equipment application in eye disease for diagnosis and treatment, thereby boosting the market growth. Moreover, rise in the number of eye check-up camps and initiative taken by governments to develop healthcare infrastructure are anticipated to boost the market growth.
On the other hand, high cost of treatment and unavoidable side effects of the procedures are some factors that are anticipated to restrain the growth of the optometry equipment market.
The optometry equipment market is segmented into type, application, end user and region. By type, the market is segmented into refractor, slit lamp, retinal camera, optical imaging, tonometer, lensometer, perimeter, and others. By application, the market is segmented into cataract, glaucoma, refractive errors, age related macular degeneration and others. By end user, the market is segmented into clinics & specialty clinics and hospitals. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major companies that operate in the global optometry equipment market include Carl Zeiss AG., Essilor Luxottica, Topcon Corporation, NIDEK Co Ltd., Canon Inc., Heine Optotechnik, Revenio Group PLC., Oculus Inc., Halma PLc., and Kowa American Co.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the optometry equipment market analysis from 2021 to 2031 to identify the prevailing optometry equipment market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the optometry equipment market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global optometry equipment market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Lensometer
- Perimeter
- Others
- Refractor
- Slit lamp
- Retinal Camera
- Optical imaging
- Tonometer
By Application
- Cataract
- Glucoma
- Refractive Errors
- Age related macular degeneration
- Others
By End User
- Clinic and Speciality clinic
- Hospital
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Carl Zeiss AG
- OCULUS, Inc.
- Heine Optotechnik
- Canon Inc.
- NIDEK Co Ltd
- Revenio Group PLC
- Kowa American Corporation
- Essilor Luxottica
- Halma plc
- Topcon Corporation
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increase in the prevalence of eye disorders
3.4.1.2. Rise in the number of geriatric populations
3.4.1.3. Rise in the prevalence of diabetes
3.4.2. Restraints
3.4.2.1. High cost of optometry equipment
3.4.3. Opportunities
3.4.3.1. Increase in the number of product launch by market players
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: OPTOMETRY EQUIPMENT MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2. Refractor
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. Slit lamp
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4. Retinal Camera
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
4.5. Optical imaging
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market share analysis by country
4.6. Tonometer
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market share analysis by country
4.7. Lensometer
4.7.1 Key market trends, growth factors and opportunities
4.7.2 Market size and forecast, by region
4.7.3 Market share analysis by country
4.8. Perimeter
4.8.1 Key market trends, growth factors and opportunities
4.8.2 Market size and forecast, by region
4.8.3 Market share analysis by country
4.9. Others
4.9.1 Key market trends, growth factors and opportunities
4.9.2 Market size and forecast, by region
4.9.3 Market share analysis by country
CHAPTER 5: OPTOMETRY EQUIPMENT MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2. Cataract
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3. Glucoma
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4. Refractive Errors
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.5. Age related macular degeneration
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country
5.6. Others
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market share analysis by country
CHAPTER 6: OPTOMETRY EQUIPMENT MARKET, BY END USER
6.1 Overview
6.1.1 Market size and forecast
6.2. Clinic and Speciality clinic
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3. Hospital
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
CHAPTER 7: OPTOMETRY EQUIPMENT MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Type
7.2.3 North America Market size and forecast, by Application
7.2.4 North America Market size and forecast, by End User
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Type
7.2.5.1.3 Market size and forecast, by Application
7.2.5.1.4 Market size and forecast, by End User
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Type
7.2.5.2.3 Market size and forecast, by Application
7.2.5.2.4 Market size and forecast, by End User
7.2.5.3 Mexico
7.2.5.3.1 Key market trends, growth factors and opportunities
7.2.5.3.2 Market size and forecast, by Type
7.2.5.3.3 Market size and forecast, by Application
7.2.5.3.4 Market size and forecast, by End User
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Type
7.3.3 Europe Market size and forecast, by Application
7.3.4 Europe Market size and forecast, by End User
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Type
7.3.5.1.3 Market size and forecast, by Application
7.3.5.1.4 Market size and forecast, by End User
7.3.5.2 France
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Type
7.3.5.2.3 Market size and forecast, by Application
7.3.5.2.4 Market size and forecast, by End User
7.3.5.3 UK
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Type
7.3.5.3.3 Market size and forecast, by Application
7.3.5.3.4 Market size and forecast, by End User
7.3.5.4 Italy
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Type
7.3.5.4.3 Market size and forecast, by Application
7.3.5.4.4 Market size and forecast, by End User
7.3.5.5 Spain
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Type
7.3.5.5.3 Market size and forecast, by Application
7.3.5.5.4 Market size and forecast, by End User
7.3.5.6 Rest of Europe
7.3.5.6.1 Key market trends, growth factors and opportunities
7.3.5.6.2 Market size and forecast, by Type
7.3.5.6.3 Market size and forecast, by Application
7.3.5.6.4 Market size and forecast, by End User
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Type
7.4.3 Asia-Pacific Market size and forecast, by Application
7.4.4 Asia-Pacific Market size and forecast, by End User
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 Japan
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Type
7.4.5.1.3 Market size and forecast, by Application
7.4.5.1.4 Market size and forecast, by End User
7.4.5.2 China
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Type
7.4.5.2.3 Market size and forecast, by Application
7.4.5.2.4 Market size and forecast, by End User
7.4.5.3 India
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Type
7.4.5.3.3 Market size and forecast, by Application
7.4.5.3.4 Market size and forecast, by End User
7.4.5.4 Australia
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Type
7.4.5.4.3 Market size and forecast, by Application
7.4.5.4.4 Market size and forecast, by End User
7.4.5.5 South Korea
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Type
7.4.5.5.3 Market size and forecast, by Application
7.4.5.5.4 Market size and forecast, by End User
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Key market trends, growth factors and opportunities
7.4.5.6.2 Market size and forecast, by Type
7.4.5.6.3 Market size and forecast, by Application
7.4.5.6.4 Market size and forecast, by End User
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Type
7.5.3 LAMEA Market size and forecast, by Application
7.5.4 LAMEA Market size and forecast, by End User
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Type
7.5.5.1.3 Market size and forecast, by Application
7.5.5.1.4 Market size and forecast, by End User
7.5.5.2 Saudi Arabia
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Type
7.5.5.2.3 Market size and forecast, by Application
7.5.5.2.4 Market size and forecast, by End User
7.5.5.3 South Africa
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Type
7.5.5.3.3 Market size and forecast, by Application
7.5.5.3.4 Market size and forecast, by End User
7.5.5.4 Rest of LAMEA
7.5.5.4.1 Key market trends, growth factors and opportunities
7.5.5.4.2 Market size and forecast, by Type
7.5.5.4.3 Market size and forecast, by Application
7.5.5.4.4 Market size and forecast, by End User
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
9.1 Carl Zeiss AG
9.1.1 Company overview
9.1.2 Key Executives
9.1.3 Company snapshot
9.1.4 Operating business segments
9.1.5 Product portfolio
9.1.6 Business performance
9.1.7 Key strategic moves and developments
9.2 OCULUS, Inc.
9.2.1 Company overview
9.2.2 Key Executives
9.2.3 Company snapshot
9.2.4 Operating business segments
9.2.5 Product portfolio
9.2.6 Business performance
9.2.7 Key strategic moves and developments
9.3 Heine Optotechnik
9.3.1 Company overview
9.3.2 Key Executives
9.3.3 Company snapshot
9.3.4 Operating business segments
9.3.5 Product portfolio
9.3.6 Business performance
9.3.7 Key strategic moves and developments
9.4 Canon Inc.
9.4.1 Company overview
9.4.2 Key Executives
9.4.3 Company snapshot
9.4.4 Operating business segments
9.4.5 Product portfolio
9.4.6 Business performance
9.4.7 Key strategic moves and developments
9.5 NIDEK Co Ltd
9.5.1 Company overview
9.5.2 Key Executives
9.5.3 Company snapshot
9.5.4 Operating business segments
9.5.5 Product portfolio
9.5.6 Business performance
9.5.7 Key strategic moves and developments
9.6 Revenio Group PLC
9.6.1 Company overview
9.6.2 Key Executives
9.6.3 Company snapshot
9.6.4 Operating business segments
9.6.5 Product portfolio
9.6.6 Business performance
9.6.7 Key strategic moves and developments
9.7 Kowa American Corporation
9.7.1 Company overview
9.7.2 Key Executives
9.7.3 Company snapshot
9.7.4 Operating business segments
9.7.5 Product portfolio
9.7.6 Business performance
9.7.7 Key strategic moves and developments
9.8 Essilor Luxottica
9.8.1 Company overview
9.8.2 Key Executives
9.8.3 Company snapshot
9.8.4 Operating business segments
9.8.5 Product portfolio
9.8.6 Business performance
9.8.7 Key strategic moves and developments
9.9 Halma plc
9.9.1 Company overview
9.9.2 Key Executives
9.9.3 Company snapshot
9.9.4 Operating business segments
9.9.5 Product portfolio
9.9.6 Business performance
9.9.7 Key strategic moves and developments
9.10 Topcon Corporation
9.10.1 Company overview
9.10.2 Key Executives
9.10.3 Company snapshot
9.10.4 Operating business segments
9.10.5 Product portfolio
9.10.6 Business performance
9.10.7 Key strategic moves and developments
List of Tables
Table 1. Global Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 2. Optometry Equipment Market for Refractor, by Region, 2021-2031 (Revenue, $Million)
Table 3. Optometry Equipment Market for Slit Lamp, by Region, 2021-2031 (Revenue, $Million)
Table 4. Optometry Equipment Market for Retinal Camera, by Region, 2021-2031 (Revenue, $Million)
Table 5. Optometry Equipment Market for Optical Imaging, by Region, 2021-2031 (Revenue, $Million)
Table 6. Optometry Equipment Market for Tonometer, by Region, 2021-2031 (Revenue, $Million)
Table 7. Optometry Equipment Market for Lensometer, by Region, 2021-2031 (Revenue, $Million)
Table 8. Optometry Equipment Market for Perimeter, by Region, 2021-2031 (Revenue, $Million)
Table 9. Optometry Equipment Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 10. Global Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 11. Optometry Equipment Market for Cataract, by Region, 2021-2031 (Revenue, $Million)
Table 12. Optometry Equipment Market for Glucoma, by Region, 2021-2031 (Revenue, $Million)
Table 13. Optometry Equipment Market for Refractive Errors, by Region, 2021-2031 (Revenue, $Million)
Table 14. Optometry Equipment Market for Age Related Macular Degeneration, by Region, 2021-2031 (Revenue, $Million)
Table 15. Optometry Equipment Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 16. Global Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 17. Optometry Equipment Market for Clinic and Speciality Clinic, by Region, 2021-2031 (Revenue, $Million)
Table 18. Optometry Equipment Market for Hospital, by Region, 2021-2031 (Revenue, $Million)
Table 19. Optometry Equipment Market, by Region, 2021-2031 (Revenue, $Million)
Table 20. North America Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 21. North America Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 22. North America Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 23. North America Optometry Equipment Market, by Country, 2021-2031 (Revenue, $Million)
Table 24. U.S. Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 25. U.S. Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 26. U.S. Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 27. Canada Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 28. Canada Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 29. Canada Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 30. Mexico Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 31. Mexico Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 32. Mexico Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 33. Europe Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 34. Europe Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 35. Europe Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 36. Europe Optometry Equipment Market, by Country, 2021-2031 (Revenue, $Million)
Table 37. Germany Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 38. Germany Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 39. Germany Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 40. France Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 41. France Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 42. France Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 43. UK Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 44. UK Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 45. UK Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 46. Italy Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 47. Italy Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 48. Italy Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 49. Spain Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 50. Spain Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 51. Spain Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 52. Rest of Europe Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 53. Rest of Europe Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 54. Rest of Europe Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 55. Asia-Pacific Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 56. Asia-Pacific Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 57. Asia-Pacific Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 58. Asia-Pacific Optometry Equipment Market, by Country, 2021-2031 (Revenue, $Million)
Table 59. Japan Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 60. Japan Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 61. Japan Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 62. China Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 63. China Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 64. China Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 65. India Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 66. India Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 67. India Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 68. Australia Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 69. Australia Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 70. Australia Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 71. South Korea Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 72. South Korea Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 73. South Korea Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 74. Rest of Asia-Pacific Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 75. Rest of Asia-Pacific Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 76. Rest of Asia-Pacific Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 77. LAMEA Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 78. LAMEA Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 79. LAMEA Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 80. LAMEA Optometry Equipment Market, by Country, 2021-2031 (Revenue, $Million)
Table 81. Brazil Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 82. Brazil Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 83. Brazil Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 84. Saudi Arabia Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 85. Saudi Arabia Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 86. Saudi Arabia Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 87. South Africa Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 88. South Africa Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 89. South Africa Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 90. Rest of LAMEA Optometry Equipment Market, by Type, 2021-2031 (Revenue, $Million)
Table 91. Rest of LAMEA Optometry Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 92. Rest of LAMEA Optometry Equipment Market, by End-user, 2021-2031 (Revenue, $Million)
Table 93. Carl Zeiss Ag: Key Executives
Table 94. Carl Zeiss Ag: Company Snapshot
Table 95. Carl Zeiss Ag: Operating Segments
Table 96. Carl Zeiss Ag: Product Portfolio
Table 97. Carl Zeiss Ag: Net Sales
Table 98. Carl Zeiss Ag: Key Stratergies
Table 99. Oculus, Inc.: Key Executives
Table 100. Oculus, Inc.: Company Snapshot
Table 101. Oculus, Inc.: Operating Segments
Table 102. Oculus, Inc.: Product Portfolio
Table 103. Oculus, Inc.: Net Sales
Table 104. Oculus, Inc.: Key Stratergies
Table 105. Heine Optotechnik: Key Executives
Table 106. Heine Optotechnik: Company Snapshot
Table 107. Heine Optotechnik: Operating Segments
Table 108. Heine Optotechnik: Product Portfolio
Table 109. Heine Optotechnik: Net Sales
Table 110. Heine Optotechnik: Key Stratergies
Table 111. Canon Inc.: Key Executives
Table 112. Canon Inc.: Company Snapshot
Table 113. Canon Inc.: Operating Segments
Table 114. Canon Inc.: Product Portfolio
Table 115. Canon Inc.: Net Sales
Table 116. Canon Inc.: Key Stratergies
Table 117. Nidek Co Ltd: Key Executives
Table 118. Nidek Co Ltd: Company Snapshot
Table 119. Nidek Co Ltd: Operating Segments
Table 120. Nidek Co Ltd: Product Portfolio
Table 121. Nidek Co Ltd: Net Sales
Table 122. Nidek Co Ltd: Key Stratergies
Table 123. Revenio Group plc: Key Executives
Table 124. Revenio Group plc: Company Snapshot
Table 125. Revenio Group plc: Operating Segments
Table 126. Revenio Group plc: Product Portfolio
Table 127. Revenio Group plc: Net Sales
Table 128. Revenio Group plc: Key Stratergies
Table 129. Kowa American Corporation: Key Executives
Table 130. Kowa American Corporation: Company Snapshot
Table 131. Kowa American Corporation: Operating Segments
Table 132. Kowa American Corporation: Product Portfolio
Table 133. Kowa American Corporation: Net Sales
Table 134. Kowa American Corporation: Key Stratergies
Table 135. Essilor Luxottica: Key Executives
Table 136. Essilor Luxottica: Company Snapshot
Table 137. Essilor Luxottica: Operating Segments
Table 138. Essilor Luxottica: Product Portfolio
Table 139. Essilor Luxottica: Net Sales
Table 140. Essilor Luxottica: Key Stratergies
Table 141. Halma plc: Key Executives
Table 142. Halma plc: Company Snapshot
Table 143. Halma plc: Operating Segments
Table 144. Halma plc: Product Portfolio
Table 145. Halma plc: Net Sales
Table 146. Halma plc: Key Stratergies
Table 147. Topcon Corporation: Key Executives
Table 148. Topcon Corporation: Company Snapshot
Table 149. Topcon Corporation: Operating Segments
Table 150. Topcon Corporation: Product Portfolio
Table 151. Topcon Corporation: Net Sales
Table 152. Topcon Corporation: Key Stratergies
List of Figures
Figure 1. Segmentation of Optometry Equipment Market, 2021-2031
Figure 2. Optometry Equipment Market, 2021-2031
Figure 3. Top Investment Pockets, by Region
Figure 4. Porter Five-1
Figure 5. Porter Five-2
Figure 6. Porter Five-3
Figure 7. Porter Five-4
Figure 8. Porter Five-5
Figure 9. Optometry Equipment Market: Drivers, Restraints and Opportunities
Figure 10. Optometry Equipment Market, by Type, 2021 (%)
Figure 11. Comparative Share Analysis of Refractor Optometry Equipment Market, 2021 and 2031 (%)
Figure 12. Comparative Share Analysis of Slit Lamp Optometry Equipment Market, 2021 and 2031 (%)
Figure 13. Comparative Share Analysis of Retinal Camera Optometry Equipment Market, 2021 and 2031 (%)
Figure 14. Comparative Share Analysis of Optical Imaging Optometry Equipment Market, 2021 and 2031 (%)
Figure 15. Comparative Share Analysis of Tonometer Optometry Equipment Market, 2021 and 2031 (%)
Figure 16. Comparative Share Analysis of Lensometer Optometry Equipment Market, 2021 and 2031 (%)
Figure 17. Comparative Share Analysis of Perimeter Optometry Equipment Market, 2021 and 2031 (%)
Figure 18. Comparative Share Analysis of Others Optometry Equipment Market, 2021 and 2031 (%)
Figure 19. Optometry Equipment Market, by Application, 2021 (%)
Figure 20. Comparative Share Analysis of Cataract Optometry Equipment Market, 2021 and 2031 (%)
Figure 21. Comparative Share Analysis of Glucoma Optometry Equipment Market, 2021 and 2031 (%)
Figure 22. Comparative Share Analysis of Refractive Errors Optometry Equipment Market, 2021 and 2031 (%)
Figure 23. Comparative Share Analysis of Age Related Macular Degeneration Optometry Equipment Market, 2021 and 2031 (%)
Figure 24. Comparative Share Analysis of Others Optometry Equipment Market, 2021 and 2031 (%)
Figure 25. Optometry Equipment Market, by End-user, 2021 (%)
Figure 26. Comparative Share Analysis of Clinic and Speciality Clinic Optometry Equipment Market, 2021 and 2031 (%)
Figure 27. Comparative Share Analysis of Hospital Optometry Equipment Market, 2021 and 2031 (%)
Figure 28. Optometry Equipment Market by Region, 2021
Figure 29. U.S. Optometry Equipment Market, 2021-2031 ($Million)
Figure 30. Canada Optometry Equipment Market, 2021-2031 ($Million)
Figure 31. Mexico Optometry Equipment Market, 2021-2031 ($Million)
Figure 32. Germany Optometry Equipment Market, 2021-2031 ($Million)
Figure 33. France Optometry Equipment Market, 2021-2031 ($Million)
Figure 34. UK Optometry Equipment Market, 2021-2031 ($Million)
Figure 35. Italy Optometry Equipment Market, 2021-2031 ($Million)
Figure 36. Spain Optometry Equipment Market, 2021-2031 ($Million)
Figure 37. Rest of Europe Optometry Equipment Market, 2021-2031 ($Million)
Figure 38. Japan Optometry Equipment Market, 2021-2031 ($Million)
Figure 39. China Optometry Equipment Market, 2021-2031 ($Million)
Figure 40. India Optometry Equipment Market, 2021-2031 ($Million)
Figure 41. Australia Optometry Equipment Market, 2021-2031 ($Million)
Figure 42. South Korea Optometry Equipment Market, 2021-2031 ($Million)
Figure 43. Rest of Asia-Pacific Optometry Equipment Market, 2021-2031 ($Million)
Figure 44. Brazil Optometry Equipment Market, 2021-2031 ($Million)
Figure 45. Saudi Arabia Optometry Equipment Market, 2021-2031 ($Million)
Figure 46. South Africa Optometry Equipment Market, 2021-2031 ($Million)
Figure 47. Rest of LAMEA Optometry Equipment Market, 2021-2031 ($Million)
Figure 48. Top Winning Strategies, by Year
Figure 49. Top Winning Strategies, by Development
Figure 50. Top Winning Strategies, by Company
Figure 51. Product Mapping of Top 10 Players
Figure 52. Competitive Dashboard
Figure 53. Competitive Heatmap of Top 10 Key Players
Figure 54. Top Player Positioning, 2021
Figure 55. Carl Zeiss Ag.: Net Sales ($Million)
Figure 56. Oculus, Inc..: Net Sales ($Million)
Figure 57. Heine Optotechnik.: Net Sales ($Million)
Figure 58. Canon Inc..: Net Sales ($Million)
Figure 59. Nidek Co Ltd.: Net Sales ($Million)
Figure 60. Revenio Group plc.: Net Sales ($Million)
Figure 61. Kowa American Corporation.: Net Sales ($Million)
Figure 62. Essilor Luxottica.: Net Sales ($Million)
Figure 63. Halma plc.: Net Sales ($Million)
Figure 64. Topcon Corporation.: Net Sales ($Million)
Executive Summary
According to the report titled, “Optometry Equipment Market," The optometry equipment market was valued at $4,240.8 million in 2021, and is projected to reach $7,812.1 million by 2031, registering a CAGR of 6.3% from 2022 to 2031. Optometry equipment are instruments or devices used by ophthalmologist for general eye examination. Different types of optometry equipment include refractor, slit lamp, retinal camera, optical imaging, tonometer, lensometer, perimeter, and others. Others include ophthalmoscopes, specular microscope, chart projector, biometer, echo scan, phoropters. Application of optometry equipment is done in eye disorders such as cataract, glaucoma, refractive errors, age related macular degeneration and others. Others includes diabetic retinopathy, amblyopia, and strabismus. End user of optometry equipment are clinics & specialty clinics and hospitals.Key factors driving the growth of the optometry equipment market include increase in the prevalence of eye disorder, rise in the number of geriatric populations, rise in the prevalence of diabetes. Moreover, rising geriatric population is anticipated to increase in the prevalence of vision impairment. Thus, this factor is anticipated to fuel the demand of optometry equipment product and boosts the market growth. For instance, according to Eurostat, the population of older people (defined here as those aged 65 years or more) in the Europe will increase significantly, rising from 90.5 million at the start of 2019 to reach 129.8 million by 2050. In addition, rise in prevalence of vision impairment is anticipated to drive the market growth. For instance, according to Statista, in Western Europe, there were over 8.5 million people affected with moderate-severe vision loss because of refractive disorders.
The market also offers growth opportunities to the key players in the market. Moreover, rise in number of product launches and product approvals for optometry equipment devices are anticipated to boost the market growth. For instance, in February 2021, Carl Zeiss AG introduced its BlueGuard blue light blocking lenses, in response to extensive reliance on technology and media in the “new normal” scenario. The technology has been incorporated into the lens material itself, offering protection up to 40% from the blue light of wavelength range of 400 and 455 nm, typically linked to digital eye strain. In addition, in January 2021, HAAG-STREIT Diagnostics launched its Lenstar Myopia, a solution for the increasing demand for myopia management and patient education. The solution consists of HAAG-STREIT’s well-established Lenstar 900 optical biometer and the corresponding EyeSuite software called EyeSuite Myopia. The Lenstar 900 also performs keratometry to make accurate predictions about the onset and progression of myopia,
The optometry equipment market is segmented on the basis of type, application, end user and region. By type, the market is segmented into refractor, slit lamp, retinal camera, optical imaging, tonometer, lensometer, perimeter, and others. By application, the market is segmented into cataract, glaucoma, refractive errors, age related macular degeneration and others. By end user, the market is segmented into clinics & specialty clinics and hospitals. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).
The key players profiled in the study include Carl Zeiss AG., Essilor Luxottica, Topcon Corporation, NIDEK Co Ltd., Canon Inc., Heine Optotechnik, Revenio Group PLC., Oculus Inc., Halma PLc., and Kowa American Co. There are some important players in the market such as Topcon Corporation, NIDEK Co Ltd and others. The players in the market have been actively engaged in the adoption various strategies such as product launch, product approval and acquisition to remain competitive and gain advantage over the competitors in the market. For instance, in September 2019, ZEISS Medical Technology segment announced the launch of new CIRRUS 6000, 100kHz ultra-fast OCT system. It dramatically elevates the efficiency of advanced care practices.
Key Market Insights
- By type, the refractor segment was the highest revenue contributor to the market and is estimated to reach $1,581.6 million by 2031, with a CAGR of 6.5%. However, the retinal camera segment is estimated to be the fastest-growing segment with a CAGR of 8.0% during the forecast period.
- By application, the others segment dominated the global market. However, the glaucoma segment is expected to be the fastest-growing segment with a CAGR of 7.1% during the forecast period.
- Based on end user, the hospital segment was the highest revenue contributor to the market with a CAGR of 6.6% during the forecast period.
- Based on region, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR of 7.0% during the forecast period
Companies Mentioned
- Carl Zeiss AG
- OCULUS, Inc.
- Heine Optotechnik
- Canon Inc.
- NIDEK Co Ltd
- Revenio Group PLC
- Kowa American Corporation
- Essilor Luxottica
- Halma plc
- Topcon Corporation
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 439 |
| Published | December 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 4240.8 million |
| Forecasted Market Value ( USD | $ 7812.1 million |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
