North America Phoropter Market Size, Share & Trends Analysis Report By Product Type (Automated, and Manual), By End User (Ophthalmic Clinics, Hospitals, and Others), By Country and Growth Forecast, 2023 - 2030
The North America Phoropter Market would witness market growth of 3.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 15,409.5 units, showcasing a growth of 2.9% (2019-2022).
the application of phoropters extends beyond the realm of standard refraction. While refraction remains a primary function, modern phoropters have evolved to cater to various eye care specialties and diagnostic needs. The adaptability of phoropters allows eye care professionals to delve into specialized examinations, addressing a spectrum of visual conditions and disorders. In pediatric optometry, it plays a crucial role in assessing and correcting refractive errors in children. The ability to customize examinations to suit the unique needs of pediatric patients ensures early detection and intervention for conditions such as amblyopia and strabismus.
Furthermore, it aids in assessing binocular vision, allowing eye care professionals to diagnose and treat eye alignment and coordination issues. This is particularly significant in addressing conditions like convergence insufficiency and accommodative disorders. For low-vision individuals, phoropters are employed in low-vision rehabilitation to optimize visual aids such as magnifiers and telescopic lenses. Customized prescriptions generated through precise refraction enhance the visual capabilities of those with compromised vision.
As per the data provided by Statistics Canada, in 2020, the percentage of people with self-reported good vision without correction decreased with age. It went from 83% for males and 69% for females aged 12 to 19 years to approximately 70% for males and 60% for females aged 40 to 44 years, then down to about 25% for males and females in the oldest age group. Thus, rising eye disorder cases in North America will increase demand for phoropters in the region.
The US market dominated the North America Phoropter Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $50,040.3 Thousands by 2030. The Canada market is registering a CAGR of 6% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 5.1% during (2023 - 2030).
Based on Product Type, the market is segmented into Automated, and Manual. Based on End User, the market is segmented into Ophthalmic Clinics, Hospitals, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Topcon Corporation
- Nidek Co., Ltd.
- Reichert, Inc. (Ametek, Inc.)
- Carl Zeiss AG
- EssilorLuxottica SA (Essilor Instruments USA)
- Visionix Ltd.
- Alcon, Inc.
- bon Optic Vertriebsgesellschaft mbH.
- Hoya Corporation
- US Ophthalmic, LLC
By Product Type (Volume, units, USD Million, 2019-2030)
- Automated
- Manual
- Ophthalmic Clinics
- Hospitals
- Others
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Phoropter Market, by Product Type
- 1.4.2 North America Phoropter Market, by End User
- 1.4.3 North America Phoropter Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Opportunities
- 3.2.3 Market Restraints
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
- Chapter 4. North America Phoropter Market, by Product Type
- 4.1 North America Automated Market, by Country
- 4.2 North America Manual Market, by Country
- Chapter 5. North America Phoropter Market, by End User
- 5.1 North America Ophthalmic Clinics Market, by Country
- 5.2 North America Hospitals Market, by Country
- 5.3 North America Others Market, by Country
- Chapter 6. North America Phoropter Market, by Country
- 6.1 US Phoropter Market
- 6.1.1 US Phoropter Market, by Product Type
- 6.1.2 US Phoropter Market, by End User
- 6.2 Canada Phoropter Market
- 6.2.1 Canada Phoropter Market, by Product Type
- 6.2.2 Canada Phoropter Market, by End User
- 6.3 Mexico Phoropter Market
- 6.3.1 Mexico Phoropter Market, by Product Type
- 6.3.2 Mexico Phoropter Market, by End User
- 6.4 Rest of North America Phoropter Market
- 6.4.1 Rest of North America Phoropter Market, by Product Type
- 6.4.2 Rest of North America Phoropter Market, by End User
- Chapter 7. Company Profiles
- 7.1 Topcon Corporation
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 Recent strategies and developments:
- 7.1.5.1 Partnerships, Collaborations, and Agreements:
- 7.1.5.2 Product Launches and Product Expansions:
- 7.1.6 SWOT Analysis
- 7.2 Nidek Co., Ltd.
- 7.2.1 Company Overview
- 7.2.2 Recent strategies and developments:
- 7.2.2.1 Partnerships, Collaborations, and Agreements:
- 7.2.3 SWOT Analysis
- 7.3 Reichert, Inc. (Ametek, Inc.)
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expenses
- 7.3.5 SWOT Analysis
- 7.4 Carl Zeiss AG
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expenses
- 7.4.5 Recent strategies and developments:
- 7.4.5.1 Partnerships, Collaborations, and Agreements:
- 7.4.6 SWOT Analysis
- 7.5 EssilorLuxottica SA (Essilor Instruments USA)
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental &Regional Analysis
- 7.5.4 Research & Development Expenses
- 7.5.5 SWOT Analysis
- 7.6 Visionix Ltd.
- 7.6.1 Company Overview
- 7.6.2 SWOT Analysis
- 7.7 Alcon, Inc.
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expense
- 7.7.5 Recent strategies and developments:
- 7.7.5.1 Acquisition and Mergers:
- 7.7.6 SWOT Analysis
- 7.8 bon Optic Vertriebsgesellschaft mbH.
- 7.8.1 Company Overview
- 7.8.2 SWOT Analysis
- 7.9 Hoya Corporation
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Research & Development Expenses
- 7.9.5 SWOT Analysis
- 7.10. US Ophthalmic, LLC
- 7.10.1 Company Overview
- 7.10.2 SWOT Analysis
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