Optical
Biometry Devices Market Research Report: Information by Product [Swept-Source
Optical Coherence Tomography (SSOCT)-Based Biometers, Partial Coherence
Interferometry (PCI)-Based Biometers, Optical Low Coherence Reflectometry
(OLCR)-Based Biometers], End User (Hospitals, Ophthalmic Clinics, Others) and
Region - Forecast till 2025
Optical
Biometry Devices Market – Geographical Analysis
North
America is expected to retain its leading position in the Global Optical Biometry Devices Market throughout the forecast period. The region
witnessed the growing adoption of optical biometry devices led by the rising
investments in the field developed healthcare infrastructure and high
expenditures for eye-care. Increasing prevalence of eye-vision problems and
other diseases & disorders related to eyesight that can lead to visual
impairments are driving the market growth in the region.
Additionally,
a large pool of diabetic patient population and augmenting demand for diabetic
retinopathy substantiate the regional market growth. Moreover, factors such as
the rising vision problems in increasing middle-age populaces and youngsters
led by the malnutrition and lifestyle support the regional market growth.
Furthermore, the presence of the leading players, alongside their expansion
strategies and increasing product launches, acts as a dominant driving force
for the growth of the optical biometry devices market in North America
The
European optical biometry devices market stands second, globally. Factors
boosting the regional market growth include rising rates of eyesight disorders
& other eye diseases and the growing number of the middle-aged population.
Also, factors such as the increase in R&D activities, and new product
approvals are fuelling market growth. Moreover, the increased focus of key players
for business expansion in the region and the well-spread awareness about the
eye-care is driving the market growth in Europe.
Additionally,
the presence of well-established healthcare sectors alongside the increasing
per-capita eye-care expenses propelling the growth of the optical biometry
devices market in the European region. Furthermore, increasing demand for
better eye-care infrastructure, led by the rising prevalence of diabetes and
tremendous government support, foster the regional market growth.
The optical
biometry devices market in the Asia Pacific region has emerged as a lucrative
market, witnessing growing funding support from the private and public sectors.
Factors like growing incidences of ocular diseases and eyesight issues in
populated and rapidly developing India and China drive the market growth in the
region.
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Complete Report :https://www.marketresearchfuture.com/reports/optical-biometry-devices-market-8122
Market
Overview:
According
to Market Research Future (MRFR), the optical biometry devices market is
continually witnessing exponential growth on a global platform. In its recent
study report, MRFR asserts that the valuation of the global optical biometry
devices market had reached to USD 275.0 MN in 2018, which would further
appreciate at 5.6% CAGR over the forecast period (2019 – 2025). Increased
efficiency of optical biometry over ultrasound A-scans (A-scan ultrasound
biometry) is a key growth driver for the market.
Additional
factors such as the ongoing product development & commercialization led by
the favorable reimbursement policies and increasing numbers of approvals from
regulatory bodies are boosting the market growth. Moreover, increasing the
adoption of optical biometry devices, growing awareness about eye care, and
rising cataract and refractive surgeries are fostering the growth of the
market.
On the flip side, prohibitively high cost of
these optical biometry devices is a major factor projected to inhibit the
market growth over the review period. However, efforts & investments of key
market players to drive R&D activities would support the growth of the
market, bringing about cost-effective solutions.
Optical
Biometry Devices Market – Segments
MRFR has
segmented the report into three main dynamics to widen the scope of
understanding,
By Product : Swept-Source Optical Coherence Tomography-based Biometers
(SSOCT-based), Partial Coherence Interferometry-based Biometers(PCI-based), and
Optical Low Coherence Reflectometry-based Biometers(OLCR-based).
By End-user : Hospitals, Ophthalmic Clinics, and others.
By
Regions :
Americas, Europe, Asia-Pacific, Middle East & Africa, and Rest-of-the-World
Optical
Biometry Devices Market – Competitive Analysis
The
optical biometry devices market appears to be fiercely competitive and
fragmented with several well-established players forming a competitive
landscape. To gain a larger market share, players adopt strategic approaches
such as mergers & acquisitions, collaborations, expansion, and new
technologies/product launches. High growth opportunities demonstrated by the
market attract several new entrants, which further intensifies the market
competition. Players also make substantial investments in R&D to develop
advanced technologies and devices with unique features.
Major
Players:
Players
leading the global optical biometry devices market are Haag-Streit AG, Carl
Zeiss AG, Topcon Corporation, Welch Allyn, Inc., NIDEK Co., Ltd., Heine
Optotechnik GmbH & Co. KG, AMETEK, Inc., Tomey Corporation, Optovue, Bausch
& Lomb Incorporated, Incorporated, Leica Microsystems GmbH, and CENTERVUE
SpA, among others.
Industry/Innovation/Related
News:
November
25, 2019 --- Birmingham Optical Group Ltd. (the UK, a leading supplier of
optical instruments, machines, and consumables, announced that it would launch
its new optical biometry device - Oculus Myopia Master at the UK's largest
Optical trade show - 100% Optical 2020, to be held between January 25-27th
2020. The new device incorporates autorefraction, keratometry, optical biometry
for axial length, and in-built myopia questionnaires.
The
company also mentioned that it would showcase Nidek's newly launched Mirante
OCT device, which combines ultra-widefield color imaging with ultra-widefield
OCT.
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