What is Optometry Professional?
Optometry is a healthcare profession that is autonomous, educated, and regulated (licensed/registered), and optometrists are the principal healthcare practitioners of the eye and visible machine who furnish complete eye and imaginative and prescient care, which consists of refraction and dispensing, detection/diagnosis and administration of sickness in the eye, and the rehabilitation of stipulations of the visible system. Optometry tools is normally operated with the aid of the ophthalmologist or optometrist to diagnose, examine, treat, and manipulate problems & illnesses of the eye, visible system, and deformations linked with the eye constructions and diagnose eye-related systemic disorders. This gear is utilized to grant environment friendly and first-rate eye care to patients. In hospitals and clinics, optometry tools is extensively used for glaucoma, cataract, retina, cornea, examination, and usual examination purposes. These optometry gadgets consist of retinoscopes, specular microscopes, visible subject analyzers, wavefront aberrometers, ophthalmoscopes, autorefractors, fundus cameras, keratometers, and others.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Bausch & Lomb Inc (Canada), Carl Zeiss Meditec AG (Germany), Alcon Inc (Switzerland), Johnson & Johnson Vision Care Inc. (United States), Essilor International S.A. (France), Ziemer Ophthalmic Systems Ag (Switzerland), Nidek Co. Ltd. (Japan), Topcon Medical Systems, Inc. (United States), Haag-Streit (Switzerland) and Visioncare Inc. (United States) |
CAGR | % |
The market study is broken down by Type (Ophthalmology Surgical Devices and Vision Care Products) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Optometry Professional market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bausch & Lomb Inc (Canada), Carl Zeiss Meditec AG (Germany), Alcon Inc (Switzerland), Johnson & Johnson Vision Care Inc. (United States), Essilor International S.A. (France), Ziemer Ophthalmic Systems Ag (Switzerland), Nidek Co. Ltd. (Japan), Topcon Medical Systems, Inc. (United States), Haag-Streit (Switzerland) and Visioncare Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are ClearLab (Singapore), OPHTEC BV (Netherlands) and Heine Optotechnik (Germany).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Optometry Professional market by Type, Application and Region.
On the basis of geography, the market of Optometry Professional has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-users, the sub-segment i.e. Consumers will boost the Optometry Professional market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacies will boost the Optometry Professional market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In April 2020, Haag-Streit Group (Switzerland) offered VRmagic Holding AG (Germany) to make bigger Haag-leadership Streit’s role in the ophthalmology sector.
In 2019, Johnson & Johnson Vision Care (US) delivered ACUVUE VITA contact lenses for astigmatism in the United States.
Market Trend
- Technological Advancements in IoLs
- Advances in Refractive Surgery
Market Drivers
- Increasing Prevalence of Eye Diseases, Technological Advancements in Ophthalmic Surgical and Diagnostic Instruments, And Government Initiatives
- Growing Awareness Related To Visual Impairment
Opportunities
- Increasing Frequency of Eye Exams
Restraints
- High Cost of These Instruments
Challenges
- Increasing Efficiency and Patient Service
- Change in Practice Modality
Key Target Audience
Eye Exam Equipment Manufacturers & Distributors, Suppliers and Distributors of Eye Exam Equipment, Healthcare Service Providers, Research Institutes, Academic Medical Institutes, Healthcare Insurance Payers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.