Auto Lensmeter Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC544

Introduction

Auto lensmeter, a type of lensmeter, is an ophthalmic instrument that is used by optometrists and opticians to verify the power of contact lenses and confirm the correct mounting of lenses among others. The market for auto lensmeter has witnessed significant growth due to rising demand from various applications such as hospitals, eyeglass manufacturers and retail opticians. The major factor driving the growth of market include increase in demand of instruments that offer automatic measurement and large data storage, as well as automatic detection of progressive lenses across end use industries, globally.

Market Dynamics

The increase in demand for quick, easy to use, and ability to provide repeatable measurements has led to the growth of auto lensmeter market, globally. Increased use of auto lensmeter in biomedical and consumer sectors is expected to change the dynamics of market in near future. However, opportunities across Asian market and increased focus on the use of fast and accurate lenses with reduced operating error are major opportunity areas for the market. The major challenges can be attributed to the dependency of lensmeter on operators for reading and analysis and variation in government regulations across countries.

Market Classification and Overview

The auto lensmeter market is bifurcated on the basis of type, application, end use industry, and geography. The different types of auto lensmeter include semi-automatic lensmeter and fully-automatic lensmeter. Semi-automatic lensmeter is the largest and most mature market segment as it caters to almost every type of application. Fully-automatic lensmeter is the fastest growing market owing to its high level of flexibility, versatility, automatic prism reading factor and minimal error based results. Based on application, the market is segmented into hospitals, eyeglass manufacturers and retail opticians among others. Retail optician is the fastest growing application segment owing to the increase in demand of highly efficient optical lenses in the consumer industry. Based on end use industry, the market is further segmented into healthcare, biomedical, consumer and others. Biomedical accounts for majority of global consumption of auto lensmeter market and led the global auto lensmeter market followed by healthcare and consumer segments. Consumer segment is the fastest growing market owing to the rising standard of living and demand for fully-automatic lensmeter in the retail opticians application market.

Regional Overview

The market for auto lensmeter is divided into geographies such as Europe, North America, Asia-Pacific, Middle-East and Africa (MEA), and Latin America. Asia-Pacific was the key market for auto lensmeters in 2015. North America held second highest share followed by Europe. The market for auto lensmeter in Asia-Pacific is further anticipated to experience highest growth in near future owing to rapid industrialization and developments in optical industry in the region. The North America market for auto lensmeter is likely to grow at a noteworthy CAGR due to the demand for efficient lens with minimal error and high objective measurements, and mature market of the U.S. The market will also experience increased demand from commercial sector.

Report Coverage

Market

Auto Lensmeter Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Type, Application, End-Use Industry, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

Market Participants

Ningbo FLO Optical Co., Ltd, Essilor, Rexxam Co., Ltd., Huvitz Co Ltd, Righton, Topcon, Luneau Technology Group, Carl Zeiss, Nidek Co., Ltd., Xinyuan High-Tech Center, Takagi, Reichert, and Shanghai JingLian Group are the key players in the auto lensmeter market. These players involved have adopted the strategies including mergers and acquisitions with local as well as established players.

Market Segmentation

Market By Type

·         Semi-automatic

·         Fully-automatic

Market By Application

·         Hospitals

·         Eyeglass Manufacturers

·         Retail Opticians

·         Others

Market By End-Use Industry

·         Healthcare

·         Consumer

·         Biomedical

·         Others

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA


Related Reports

Botulinum Toxin Market (By Product: Botulinum Toxin Type B, Botulinum Toxin Type A; By End Use: Therapeutics, Aesthetic) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

According to Acumen Research and Consulting, the global Botulinum Toxin market is expected to grow at noteworthy CAGR around 8 % throughout the forecast period and reach around US$ 7.5 billion by 2026. The imperative quality needs and fresh apps are sustaining competition in the worldwide industry of botulinum toxins. Most businesses invest in studies to identify fresh apps which c

Surgical Instrument Tracking Systems Market (By Product: Services, Software, Hardware; By Technology: RFID, Barcodes; By End Use: Hospitals, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global market of Surgical Instrument Tracking Systems is expected to grow at noteworthy CAGR around 18.6 % throughout the forecast period and reach around US$ 500 million by 2026. Surgical instruments have long been accessible for use in healthcare. Systems for the mo

Aesthetic Medicine Market (By Product: Implants, Anti-wrinkle Products [Dermal Fillers, Botulinum Toxin, Chemical Peel], Energy-based Devices [Aesthetic Laser Devices, Microdermabrasion Devices, Ultrasound Devices, Body Contouring Devices]; By End Use: Home Use, Clinics and Beauty Centers) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Aesthetic Medicine market is expected to grow at noteworthy CAGR around 8.5 % throughout the forecast period and reach around US$ 16.3 billion by 2026. Aesthetic Medicines is a clinical subspecialty and field for scientific research that includes all kinds of m

Viscosupplementation Market (By Application: Single Injection, Three Injection, Five Injection) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Viscosupplementation is a treatment that aids in diminishing joint agony and improves the practical state of the osteoarthritic joint. It includes the infusion of a thick liquid called hyaluronate into the knee. Hyaluronic corrosive is found in the gooey synovial liquid that greased up the ligament surfaces and shields the joint from stun. This corrosive is a versatil

Smart Home Healthcare Market (By Technology: Wired, Wireless; By Service: Installation and Repair, Renovation and Customization; By Application: Safety and Security Monitoring, Memory Aids, Nutrition or Diet Monitoring, Fall Prevention and Detection, Health Status Monitoring, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Smart home healthcare is intended to help in treatment determination, care in the home. It helps in improving the correspondence between the parental figures and healthcare suppliers. Also, numerous wellbeing conditions, particularly incessant illnesses, could be checked and treated in a home outfitted with fundamental smart home items. The global smar

Hyaluronic Acid Market (By Application: Dermal Fillers, Osteoarthritis [Single Injection, Three Injection, Five Injection], Ophthalmic, Vesicoureteral Reflux) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: The global hyaluronic acid market size is expected to reach 11.07 billion by the end of year 2026. The market is estimated to grow at a CAGR of 6.6% over the forecast period 2019 to 2026. Hyaluronic acid, otherwise called hyaluronan, is a reasonable, gooey substance that is normally delivered by your body. Its biggest measures are found in you

Cart Summary