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USD 139.86 Million Growth in Phoropters Market Size | AMETEK Inc., BON Optic Vertriebsges mbH, and Carl Zeiss AG and others Emerge as Dominant Market Players | Technavio

Technavio (PRNewsfoto/Technavio)

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Technavio

Apr 26, 2022, 22:00 ET

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NEW YORK, April 26, 2022 /PRNewswire/ -- A latest market analysis report titled Phoropters Market by Type and Geography - Forecast and Analysis 2022-2026 has been added to Technavio's catalog. The report identifies the market to witness a potential growth difference of USD 139.86 million from 2021 to 2026. The phoropters market will witness an accelerating growth momentum at a CAGR of 5.86% during the forecast period. 

For more insights on CAGR and YOY growth variance analysis, Read Sample Report

Technavio has announced its latest market research report titled Phoropters Market by Type and Geography - Forecast and Analysis 2022-2026
Technavio has announced its latest market research report titled Phoropters Market by Type and Geography - Forecast and Analysis 2022-2026

Phoropters Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.86%

Market growth 2022-2026

$ 139.86 million

Market structure

Fragmented

YoY growth (%)

5.68

Regional analysis

North America, Europe, APAC, and Rest of World (ROW)

Performing market contribution

North America at 50%

Key consumer countries

US, Canada, China, Germany, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AMETEK Inc., BON Optic Vertriebsges mbH, Carl Zeiss AG, Essilor Instruments USA, Hangzhou Kingfish Optical Instrument Co. Ltd., Hesh Opto Lab Pvt. Ltd., Huvitz Co. Ltd., Luneau Technology Group, Marco Ophthalmic Inc., NIDEK Co. Ltd., NINGBO MING SING OPTICAL R and D Co. Ltd., Oftas S.r.l, Rexxam Co. Ltd., Righton Ltd., Rocket Medical Plc, Shanghai Yanke Instrument Co Ltd., Takagi Seiko Co. Ltd., TECHNO VISION, Topcon America Corp., and US Ophthalmic

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

The phoropters market growth is attributed to the growing geriatric population and uninterrupted fast services. The increasing geriatric population globally will act as a driver for the global phoropters market in the forecast period, as healthcare professionals use phoropters for patients in these age groups to test their vision. In addition, the development of new low-cost phoropters is one of the key phoropters market trends that is expected to impact the industry positively in the forecast period.

However, one of the key challenges to the global phoropters market growth is the high cost of testing with phoropters. Budget-conscious consumers with low disposable incomes are opting for substitutes such as autorefractor, which will be inhibiting the market growth in the forecast period.

Access our detailed 118-page report on "Phoropters Market by Type and Geography - Forecast and Analysis 2022-2026":https://www.technavio.com/report/report/phoropters-market-industry-analysis

Major Five Phoropters Companies and their Offerings:

  • AMETEK Inc.:The company offers phoropters products under the brand name of Reichert
  • Carl Zeiss AG: The company offers phoropters products under the brand name Visuscreen.
  • Huvitz Co. Ltd.:The company offers phoropters products under the brand name HDR-7000.
  • Luneau Technology Group: The company offers phoropters products under the brand name VisioniX
  • Marco Ophthalmic Inc.:The company offers automated ARK Series are multi-modality autorefractors.

Some other vendors classified as dominant players are 

  • Hangzhou Kingfish Optical Instrument Co. Ltd.
  • Hesh Opto Lab Pvt. Ltd.
  • Essilor Instruments USA
  • BON Optic Vertriebsges mbH
  • NIDEK Co. Ltd.
  • NINGBO MING SING OPTICAL R and D Co. Ltd.
  • Oftas S.r.l
  • Rexxam Co. Ltd.
  • Righton Ltd.
  • Rocket Medical Plc
  • Shanghai Yanke Instrument Co Ltd.
  • Takagi Seiko Co. Ltd.
  • TECHNO VISION
  • Topcon America Corp.
  • US Ophthalmic

Speak to our Analysts for Customized Reports on Each Vendor

Phoropters Market Type Outlook (Revenue, USD mn, 2021-2026)

  • Manual - Size and forecast 2021-2026
  • Digital - Size and forecast 2021-2026

The phoropters market share growth by the manual segment will be significant during the forecast period. In manual phoropters, data is collected during the pretest and is manually entered into both the refractor and the patient's record.

Phoropters Market Geography Outlook (Revenue, USD mn, 2021-2026)

  • North America - size and forecast 2021-2026
  • Europe - size and forecast 2021-2026
  • APAC - size and forecast 2021-2026
  • Rest of World (ROW) - size and forecast 2021-2026

50% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for phoropters in North America. Increased efforts for the prevention of visual impairment among the older population and improved diagnostic techniques will facilitate the phoropters market growth in North America over the forecast period.

Download Sample Report Analysis for More Insights on Each Segment

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Table of Content

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape

2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing

3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis

4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type

5.1 Market segments
Exhibit 24: Chart on Type - Market share 2021-2026 (%)
Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
5.2 Comparison by Type
Exhibit 26: Chart on Comparison by Type
Exhibit 27: Data Table on Comparison by Type
5.3 Manual - Market size and forecast 2021-2026
Exhibit 28: Chart on Manual - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Manual - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Manual - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Manual - Year-over-year growth 2021-2026 (%)
5.4 Digital - Market size and forecast 2021-2026
Exhibit 32: Chart on Digital - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Digital - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Digital - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Digital - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Type
Exhibit 36: Market opportunity by Type ($ million)
6 Customer Landscape

6.1 Customer landscape overview
Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape

7.1 Geographic segmentation
Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison
7.3 North America - Market size and forecast 2021-2026
Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
7.4 Europe - Market size and forecast 2021-2026
Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
7.5 APAC - Market size and forecast 2021-2026
Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
7.6 Rest of World (ROW) - Market size and forecast 2021-2026
Exhibit 54: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
7.7 US - Market size and forecast 2021-2026
Exhibit 58: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on US - Year-over-year growth 2021-2026 (%)
7.8 China - Market size and forecast 2021-2026
Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
7.9 Germany - Market size and forecast 2021-2026
Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
7.10 Canada - Market size and forecast 2021-2026
Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)
7.11 France - Market size and forecast 2021-2026
Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)
7.12 Market opportunity by geography
Exhibit 78: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends

8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 79: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9 Vendor Landscape

9.1 Overview
9.2 Vendor landscape
Exhibit 80: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 81: Overview on factors of disruption
9.4 Industry risks
Exhibit 82: Impact of key risks on business
10 Vendor Analysis

10.1 Vendors covered
Exhibit 83: Vendors covered
10.2 Market positioning of vendors
Exhibit 84: Matrix on vendor position and classification
10.3 AMETEK Inc.
Exhibit 85: AMETEK Inc. - Overview
Exhibit 86: AMETEK Inc. - Business segments
Exhibit 87: AMETEK Inc. - Key offerings
Exhibit 88: AMETEK Inc. - Segment focus
10.4 Carl Zeiss AG
Exhibit 89: Carl Zeiss AG - Overview
Exhibit 90: Carl Zeiss AG - Business segments
Exhibit 91: Carl Zeiss AG - Key offerings
Exhibit 92: Carl Zeiss AG - Segment focus
10.5 Huvitz Co. Ltd.
Exhibit 93: Huvitz Co. Ltd. - Overview
Exhibit 94: Huvitz Co. Ltd. - Product / Service
Exhibit 95: Huvitz Co. Ltd. - Key offerings
10.6 Luneau Technology Group
Exhibit 96: Luneau Technology Group - Overview
Exhibit 97: Luneau Technology Group - Product / Service
Exhibit 98: Luneau Technology Group - Key news
Exhibit 99: Luneau Technology Group - Key offerings
10.7 Marco Ophthalmic Inc.
Exhibit 100: Marco Ophthalmic Inc. - Overview
Exhibit 101: Marco Ophthalmic Inc. - Product / Service
Exhibit 102: Marco Ophthalmic Inc. - Key offerings
10.8 NIDEK Co. Ltd.
Exhibit 103: NIDEK Co. Ltd. - Overview
Exhibit 104: NIDEK Co. Ltd. - Business segments
Exhibit 105: NIDEK Co. Ltd. - Key news
Exhibit 106: NIDEK Co. Ltd. - Key offerings
Exhibit 107: NIDEK Co. Ltd. - Segment focus
10.9 Rexxam Co. Ltd.
Exhibit 108: Rexxam Co. Ltd. - Overview
Exhibit 109: Rexxam Co. Ltd. - Product / Service
Exhibit 110: Rexxam Co. Ltd. - Key offerings
10.10 Righton Ltd.
Exhibit 111: Righton Ltd. - Overview
Exhibit 112: Righton Ltd. - Product / Service
Exhibit 113: Righton Ltd. - Key offerings
10.11 Topcon America Corp.
Exhibit 114: Topcon America Corp. - Overview
Exhibit 115: Topcon America Corp. - Product / Service
Exhibit 116: Topcon America Corp. - Key offerings
10.12 US Ophthalmic
Exhibit 117: US Ophthalmic - Overview
Exhibit 118: US Ophthalmic - Product / Service
Exhibit 119: US Ophthalmic - Key offerings
11 Appendix

11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 120: Inclusions checklist
11.3 Currency conversion rates for US$
Exhibit 121: Currency conversion rates for US$
11.4 Research methodology
Exhibit 122: Research methodology
Exhibit 123: Validation techniques employed for market sizing
Exhibit 124: Information sources
11.5 List of abbreviations
Exhibit 125: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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