PUBLISHER: TechNavio | PRODUCT CODE: 1601904
PUBLISHER: TechNavio | PRODUCT CODE: 1601904
Phoropters Market 2024-2028
The phoropters market is forecasted to grow by USD 133.8 mn during 2023-2028, accelerating at a CAGR of 5.6% during the forecast period. The report on the phoropters market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing geriatric population, growing prevalence and recurrence of eye disorders, and technological advancements.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 5.3% |
CAGR | 5.6% |
Incremental Value | $133.8 mn |
Technavio's phoropters market is segmented as below:
By Type
By Geographical Landscape
This study identifies the development of new low-cost phoropters as one of the prime reasons driving the phoropters market growth during the next few years. Also, increasing healthcare expenditure and rising investment in ophthalmic research and development will lead to sizable demand in the market.
The report on the phoropters market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading phoropters market vendors that include AMETEK Inc., BON Optic Vertriebsges mbH, Carl Zeiss AG, EssilorLuxottica, 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., Technovision India Pvt. Ltd., Topcon America Corp., and US Ophthalmic LLC. Also, the phoropters market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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