The global eye testing equipment market was valued at $2,638 million in 2017 and is expected to reach $3,914 million by 2025, registering a CAGR of 5.0% from 2018 to 2025. Ophthalmic diagnostic devices/eye testing equipment/optometry devices are used for detection and analysis of eye-related diseases such as refractive error, cataract, glaucoma, and diabetic retinopathy. These diagnostic devices are of utmost importance to provide proper treatment to the patients to avoid further damage to the vision or loss of vision.
Considerable increase in the incidence of eye-associated disorders especially cataract and glaucoma across the globe has played a significant role in driving the growth of eye testing equipment market. Immediate treatment of people suffering from glaucoma is essential as glaucoma in severe cases may result in loss of vision permanently. This immediate attention is possible only when the patients undergo comprehensive eye examinations wherein eye testing devices are utilized for effective diagnosis. In addition, glaucoma is anticipated to be the leading cause of blindness among people in the age group of 60 years and above. Whereas, cataract is a condition wherein clouding of the lens occurs resulting in decreased vision, and its incidence has been on the rise over the years.
The global eye testing equipment market is segmented based on device, application, end user, and region. Based on device, the market is classified into slit lamp, biometer, perimeter, tonometer, optical coherence tomography (oct) scanner, fundus camera, autorefractor & keratometer, and other devices. The other devices include lensmeter, chart projector/visual acuity accessory/computerized visual acuity system, ophthalmoscope, and others. By application, it is categorized into general examination, glaucoma, cataract, and other applications. The end users covered in the study include hospital, eye clinic, and optometry academic institute. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global eye testing equipment market with the current trends and future estimations to elucidate the imminent investment pockets.
A comprehensive analysis of the factors that drive and restrict the market growth is provided.
A comprehensive quantitative analysis of the industry is provided from 2017 to 2025 to assist stakeholders to capitalize on the prevailing market opportunities.
An extensive analysis of the key segments of the industry helps understand the trends in eye testing equipment globally.
Key players and their strategies are provided to understand the competitive outlook of the industry.
KEY MARKET SEGMENTS
By Device
Slit Lamp
Biometer
Perimeter
Tonometer
Optical Coherence Tomography (OCT)
Fundus Camera
Autorefractor and Keratometer
Other Devices
By Application
General Examination
Glaucoma
Cataract
Other Applications
By End User
Hospital
Eye Clinic
Optometry Academic Institute
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
Metall Zug AG (Haag Streit)
Topcon Corporation
Nidek Co., Ltd.
Escalon
Novartis
Canon
Essilor
Heine Optotechnik
Luneau Technology
The other players in the value chain include (profiles not included in the report)
Heidelberg Engineering GmBH
Huvitz
BON Optic
Reichert Technologies
Potec
Visionix
Tomey Corporation
LuxVision
