Global Lensometer Market growing at a CAGR of 3.1% from 2023 to 2030

Category : Pharmaceuticals And Healthcare | Published Date : Aug 2023

Key Market Overview

Consegic Business Intelligence analyzes that the global lensometer market is growing with a CAGR of 3.1% and is expected to reach USD 366.05 million in 2030 from USD 288.12 million in 2022.

The report highlights the rising prevalence of eye diseases is contributing to the growing demand for lensometers. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the lensometer market.

Global Lensometer Market By Overview

Global Lensometer Market

The lensometer market is bifurcated into product type, lens type, application, and end user. Based on product type, the market is segmented into manual lensometer, and automated lensometer. In 2022, the manual lensometer segment accounted for the highest market share in the lensometer market. The lens type segment is categorized into single-vision lens, multifocal lens, and others. In 2022, single-vision segment accounted for the highest market share. On the basis of application, the market is segmented into power, optical center location, measure reference point location, prism power/direction, cylindrical axis orientation, and others. In 2022, the power segment accounted for the highest market share in the overall lensometer market. Based on end user, the market is segmented into hospitals, ophthalmic clinics, eyeglass manufacturers, and others. In 2022, the ophthalmic clinics segment accounted for the highest market share in the lensometer market.

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Market Dynamics

Driver:

 

  • The rising prevalence of eye diseases is increasing the demand for lensometers, in turn, propelling the lensometer market growth.
  • The growing number of refractive surgeries is significantly driving the growth of the market.

 

Restraints:

  • Skilled labor crisis in handling automated lensometers is restraining the growth of the market.

Opportunity:

  • Technological advancements are likely to create significant opportunities for the lensometer market.

Market Segmentation:

Report Attributes Report Details
By Product Type Manual Lensometer and Automated Lensometer
By Lens Type Single-vision Lens, Multifocal Lens, and Others
By Application Power, Optical Center Location, Measure Reference Point Location, Prism Power/Direction, Cylindrical Axis Orientation, and Others
By End User Hospitals, Ophthalmic Clinics, Eyeglass Manufacturers, and Others
By Region North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Competitive Landscape :

The market is dominated by certain major companies such as Curt G. Joa, Inc., QuanZhou XingYuan Machinery Manufacture Co.,Ltd, and ZUIKO Corporation have a strong market position in current market circumstances. Further, the lensometer market is expected to witness significant growth in the coming years due to the increasing technological advancements in the lensometer. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.

  • Topcon Corporation
  • Essilor
  • Coburn Technologies, Inc.
  • NIDEK CO., LTD.
  • Takagi Seiko Co., Ltd
  • Reichert, Inc.
  • Visionx
  • NINGBO FLO OPTICAL CO., LTD.
  • ZEISS Group
  • TomeyUSA