Asia Pacific Optometry Equipment Market Size, Share & Industry Trends Analysis Report By Type, By Application (General Examination, Cataract, Glaucoma, Age-related Macular Degeneration (AMD) & Others), By End User, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Optometry Equipment Market would witness market growth of 6.8% CAGR during the forecast period (2022-2028).
The equipment for optometry is employed to look at eye & visual system disorders and malformations. The medical professionals who use optometry equipment to manage as well as diagnose vision irregularities are called optometrists. This equipment is utilized to inspect the retina, check for glaucoma & cataracts, and perform other general examinations. Visual field analyzers, fundus cameras, retinoscopes, autorefractors, and other devices are included in the optometry equipment. The public can receive effective and high-quality eye care due to this equipment. The use of it in hospitals and medical facilities is widespread.
Due to factors like the growing incidence of eye diseases & the aging population, optometry equipment is expanding at an incredible rate. Additionally, the government's initiatives to combat visual impairment are a significant factor that is imposing a positive outlook. Other factors influencing the market growth include the rising costs in the healthcare industry and the development of technology.
The main driver of the demand for optometry equipment market in China is anticipated to be the protracted use of smartphones, computers, & tablets, which among children and young adults’ results in digital eye strain and chronic eye damage. Accessibility to cutting-edge treatment facilities, a rise in the number of people with eye conditions, increasing healthcare infrastructure investments, and growth in the population with eye issues are key factors in the growth of the optometry equipment market in China. There are numerous hospitals with dedicated clinics in each of China's major cities.
The China market dominated the Asia Pacific Optometry Equipment Market by Country in 2021; thereby, achieving a market value of $468.2 million by 2028. The Japan market would exhibit a CAGR of 6.2% during (2022 - 2028). Additionally, The India market is experiencing a CAGR of 7.5% during (2022 - 2028).
Based on Type, the market is segmented into Retina & Glaucoma Examination Products (OCT Scanners, Opthalmoscopes, Fundus Cameras, Perimeters/Visual Field Analyzers, and Retinoscopes), General Examination Products (Autorefractors & Keratometers, Opthalmic Ultrasound Systems, Tonometers & Slit Lamps, Lensmeters, and Chart Projectors), Cornea & Cataract Examination Products (Wavefront Aberrometers/Analyzer, Optical Biometry System, and Corneal Topographical System & Specular Microscopes). Based on Application, the market is segmented into General Examination, Cataract, Glaucoma, Age-related Macular Degeneration (AMD) & Others. Based on End User, the market is segmented into Clinics, Hospitals, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bausch Health Companies, Inc., Alcon, Inc., Carl Zeiss Meditec AG (Carl Zeiss AG), Johnson & Johnson. Canon, Inc., Topcon Corporation, Metall Zug AG (Haag-Streit AG), Nidek Co., Ltd., Heidelburg Engineering GmbH and Neitz Instruments Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
- Retina & Glaucoma Examination Products
- OCT Scanners
- Fundus Cameras
- Perimeters/Visual Field Analyzers
- General Examination Products
- Autorefractors & Keratometers
- Opthalmic Ultrasound Systems
- Tonometers & Slit Lamps
- Chart Projectors
- Cornea & Cataract Examination Products
- Wavefront Aberrometers/Analyzer
- Optical Biometry System
- Corneal Topographical System & Specular Microscopes
- General Examination
- Age-related Macular Degeneration (AMD) & Others
By End User
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Bausch Health Companies, Inc.
- Alcon, Inc.
- Carl Zeiss Meditec AG (Carl Zeiss AG)
- Johnson & Johnson
- Canon, Inc.
- Topcon Corporation
- Metall Zug AG (Haag-Streit AG)
- Nidek Co., Ltd.
- Heidelburg Engineering GmbH
- Neitz Instruments Co., Ltd.
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