The Asia Pacific Phoropter Market would witness market growth of 5.1% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 9,414.3 units, showcasing a growth of 4.2% (2019-2022).
The phoropter market stands at the forefront of transformative innovations in vision correction and optometry. A pivotal instrument used by eye care professionals, the phoropter has evolved remarkably since its inception, becoming an indispensable tool in assessing and refining visual acuity. From its humble beginnings to the sophisticated digital iterations of today, the phoropter continues to shape the landscape of eye examinations, providing a nuanced and comprehensive approach to prescribing corrective lenses.
In addition, adopting phoropters has been instrumental in shaping the landscape of vision correction. These optical instruments are a standard feature in eye care practices, ranging from optometry clinics to ophthalmology centres, where precise and accurate measurement of refractive errors is paramount. The widespread adoption of phoropters underscores their indispensable role in eye care, facilitating fine-tuning eyeglasses and contact lens prescriptions.
Moreover, the aging population in China is likely to experience a higher incidence of age-related vision issues, such as presbyopia and other refractive errors. Phoropters are crucial in diagnosing and determining the appropriate corrective lenses for these conditions, increasing the demand for such diagnostic tools. As per the data provided by the State Council of China in 2021, the population of mainland Chinese citizens aged 60 or older has reached 264.02 million, with 190.64 million individuals aged 65 or older, or 13.5% of the total population. Thus, the growing number of eye disorders and the aging population in Asia Pacific will drive the expansion of the regional market.
The China market dominated the Asia Pacific Phoropter Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $11,921.3 Thousands by 2030. The Japan market is experiencing a CAGR of 4.5% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 5.8% during (2023 - 2030).
Free Valuable Insights: The Global Phoropter Market is Predict to reach $181.6 Million by 2030, at a CAGR of 4.3%
Based on Product Type, the market is segmented into Automated, and Manual. Based on End User, the market is segmented into Ophthalmic Clinics, Hospitals, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Product Type (Volume, units, USD Million, 2019-2030)
By End User (Volume, units, USD Million, 2019-2030)
By Country (Volume, units, USD Million, 2019-2030)
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