The North America Optometry Equipment Market would witness market growth of 5.9% CAGR during the forecast period (2022-2028).
The demand for optometry equipment includes the rise in cases of eye diseases, the aging population, the spike in diabetes cases that cause vision impairment, excessive use of mobile phones and computers that cause eye disorders, unhealthy lifestyle choices that cause digital eye strain, and the rise in demand for minimally invasive procedures & advanced treatments and procedures.
Additionally, rising healthcare costs, rising government funding for R&D activities, the availability of qualified professionals, and partnerships and collaborations between major players to facilitate the creation and introduction of cutting-edge equipment on the market are some factors that support the growth of the optometry equipment market.
The United States has one of the most developed and technologically advanced healthcare systems. Also, a factor influencing the rise in optometry equipment demand in the region is the augmentation of government initiatives to provide access to better-quality healthcare. As more people in the region work in offices and use screens more frequently, as a result, more cases of short-sightedness are emerging in the region. In addition, the demand for healthcare services in Canada is rising as the population ages.
The US market dominated the North America Optometry Equipment Market by Country in 2021; thereby, achieving a market value of $1,487 million by 2028. The Canada market is exhibiting a CAGR of 8.3% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 7.3% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Optometry Equipment Market is Estimated to reach $5.9 Billion by 2028, at a CAGR of 6.4%
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.
By Type
By Application
By End User
By Country
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