Eye Exam Equipment Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Eye Exam Equipment Market is estimated to be USD 2.34 billion in 2017 and predicted to rise to USD 3.16 billion by 2022 with a CAGR of 6.2%. The market is segmented by Type (OCT, Fundus Cameras, Perimeters, Ophthalmoscope, Ultrasound, Autorefractor, Slit Lamp, Corneal Topography, Lensmeter, Chart Projectors, Wavefront Analyzer), End User (Hospital, Clinic). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
The rising incidences of eye diseases, technological advancements in ophthalmic devices, government initiatives to increase awareness of regulating visual disorder, and rising disposable incomes resulting in increased healthcare expenditure by individuals are the main factors driving the expansion of the eye exam equipment market.
The market is segmented depending on Type and based on End User. By type the market is categorized into OCT, Fundus Cameras, Perimeters, Ophthalmoscope, Ultrasound, Autorefractor, Slit Lamp, Corneal Topography, Lensmeter, Chart Projectors, Wavefront Analyzer. On the basis of type, the retina and glaucoma examination products segment accounted for the biggest share of the worldwide eye exam equipment market in 2016. this could be attributed to the growing prevalence of retinal diseases and glaucoma, technological advancements in eye exam equipment, increasing variety of eye care clinics, and growing access to modern & sophisticated ophthalmic diagnostic devices. On the basis of end user, the clinics segment accounted for the biggest share of the eye exam equipment market in 2016. the massive share of the clinics segment can be attributed to factors like the vast range of patient pool treated in clinics and also the increasing range of corporate clinical practices established by ophthalmologists in developing countries.
By geography the market is segmented into Latin America, Asia Pacific, Europe, North America, and Middle East and Africa. North America accounted for the biggest share of the eye exam equipment market in 2016, followed by Europe and Asia Pacific. The developed health care system, convenience and accessibility of technologically advanced eye exam equipment, and greater adoption of ophthalmology treatments and surgeries in this region are the foremost factors accountable for the large share of North America in the eye exam equipment market.
Key players in the market include Carl Zeiss, Haag-Streit, Topcon, NIDEK, Heidelberg Engineering, Escalon, Novartis, Valent, Canon and Luneau Technology.
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