$Ophthalmic Refractometer Market - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027- Product Image$

Ophthalmic Refractometer Market - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Report
October 2020
Region: Global
Coherent Market Insights Pvt Ltd.
ID: 5327873

Ophthalmic refractometer is a manually and computer-controlled device i.e. auto refractor. The equipment provides information regarding refractive errors and prescription of eyeglasses or contact lenses. The ophthalmic refractometers have sensors that detect the changes taking place in the cone cells of the eye. The device can also measure when the person’s eyes can focus properly on an image. Therefore, blindness can be prevented by using ophthalmic refractometer in patients.

Market Dynamics

Many non–governmental organizations, in collaboration with the government hospitals, are spreading awareness regarding eye care. For instance, on 18th February 2020, the Andhra Pradesh government (India) launched free eye checkup drives for senior citizens (above the age of 60) to spread awareness about eye care. The drive was carried out in collaboration with ASHA NGO, NGO hospitals and government hospitals. The drive ended on 31st July 2020 and checked almost 56,88,424 senior citizens in Andhra Pradesh. Therefore, increasing awareness among the population regarding eye care is expected to drive growth of the global ophthalmic refractometer market during the forecast period.

Market players are indulged refractometer market during the forecast period. For instance, in 2016, Essilor International S.A., in collaboration with automobile manufacturing company, Toyota, initiated a vision awareness drive to spread awareness about the importance of eye care for prevention of road accidents in India. The three day drive was carried out in Delhi, India, where the taxi driver’s eyes were checked using ophthalmic refractometer. According to the Essilor International S.A., 2016, out of 700, at least 200 taxi drivers were found to have poor vision and were provided spectacles. Similar such events are being planned by the manufacturer to carry them out all over India.

Key features of the study:

This report provides an in-depth analysis of global ophthalmic refractometer market, provides market size (US$ Mn), and compound annual growth rate (CAGR %) for the forecast period (2020 – 2027), considering 2019 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global ophthalmic refractometer market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study are Topcon Corporation, NIDEK CO., LTD., Birmingham Optical Group Ltd., EyeQue Corporation, Eye Care Leaders, LLC, Essilor International S.A., VIEWLIGHT LLC, Canon Inc., Takagi Ophthalmic Instruments Europe Ltd., Luneau Technology Operations SAS and Carl Zeiss AG
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
The global ophthalmic refractometer market report caters to various stakeholders in this industry including investors, suppliers, ophthalmic refractometer manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through various strategy matrices used in analyzing the ophthalmic refractometer market.

Detailed Segmentation:

Global Ophthalmic Refractometer Market, By Product Type: