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Phoropters Market Size, Share and Global Trend By Type (Manual, Digital), By End User (Hospitals, Specality Clinics, Others), and Geography Forecast till 2022-2029

Region : Global | Report ID: FBI101112 | Status : Ongoing

 

KEY MARKET INSIGHTS

Phoropters are medical devices applied to test the power of individual’s eye lenses. Phoropters are widely used in the diagnosis of eye abnormalities such as myopia, presbyopia, and astigmatism. Also, phoropters are utilized to measure natural resting position for eyes, accommodative amplitude, and vertical & vergences. With the help of phoropters, optometrists evaluate the best vision for the patient in order to deal with eye abnormalities.

Technologically advanced phoropters are capable of storing and accessing patient information more easily. According to the World Health Organization, in 2017, an estimated global population of children with visual impairment due to uncorrected refractive errors was 12 million.

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Increasing prevalence of near-sightedness & astigmatism and the rising prevalence of refractive errors are some of the significant factors for the growth of the global phoropters market. In addition to this, growing incidence of crossed eyes (strabismus), and rising incidence of eye strain due to excessive use of electronic devices such as laptops and mobiles are further expected to expand the prevalence of refractive eye errors during the forecast period.

According to the American Association for Paediatric Ophthalmology and Strabismus, an estimated 4.0% of the population in the U.S. in 2016. Combined with this, certain benefits offered by phoropters such as enhanced ergonomics, better patient experience, reduction in overall procedural time, and elevated accuracy in diagnostic are significant factors for the growth of the global phoropters market.


However, high installation cost, lack of skilled optometrists, and reluctance within the healthcare workforce to adopt new technology are hampering the demand for phoropters. These are some of the major factors restraining the growth of the global phoropters market.


Key Players Covered


Some of the major companies that are present in the global phoropters market are US Ophthalmic, Reichert, Inc., Essilor, Rocket Medical plc., AMETEK.Inc., NIDEK CO., LTD., Luneau Technology USA, Inc., TOPCON CORPORATION, Carl Zeiss NV, Oftas and others. 


SEGMENTATION






















SEGMENTATION



 DETAILS



By Type



· Manual


· Digital



By End User



· Hospitals


· Specality Clinics


· Others



By Geography



· North America (USA and Canada)


· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)


· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)


· Latin America (Brazil, Mexico and Rest of Latin America)


· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



 


In 2018, among type, dominated the global phoropters market owing to the more accurate measurement of phorias and ductions and ease of operation.The digital segment is projected to grow at comparatively higher CAGR during the forecast period.


Key Insights



  • Pricing Analysis of Key Players in Major Countries/Regions

  • Recent Advancements in Global Phoropters Market

  • Key Mergers & Acquisitions


Regional Analysis


North America dominated the global phoropters market in 2018 owing to an aging population, rising prevalence of refractive errors, rising prevalence of strabismus, and the growing incidence of near-sightedness. According to the American Optometric Association, an estimated 30.0% of the population in the U.S. is suffering from near-sightedness. Rising usage of electronic devices such as mobile and computers are risk factors for refractive errors, which is a significantly growing demand for global phoropters market. Moreover, certain benefits served by phoropters such as patient data recording, rapid switching of lenses, and better connectivity to other devices are majorly responsible for the growth of global phoropters market. 


Key Industry Developments



  • In March 2019, Essilor, launched AVA (Advanced Vision Accuracy), an integrated solution for eye care professionals enabled by the introduction of the new phoropter, the Vision-R 800 by Essilor Instruments.
  • In August 2017, NIDEK CO., LTD., launched TS-310 Tabletop Refraction System. This unit has the triple-performance combination of operation-oriented control box, sophisticated refractor and reliable chart unit. The control box with its intuitive color LCD touch screen provides effective operation.

  • Ongoing
  • 2021
  • 2018-2020

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