Vision Screeners Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Vision Screeners Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : March, 2020 | Medical Devices | PPT format

Report Digest


Global Vision Screeners Market: Overview 

The demand within the global vision screeners market is growing on account of improvements in ophthalmological testing. The rising incidence of visionary problems in adults and children has played an integral role in market growth. Presence of a stellar industry for diagnosing eye disorders and diseases has also enhanced the growth prospects of the global market. The world health organization (WHO) has released multiple reports on the importance of vision screeners across healthcare facilities. The total revenues within the global vision screener market are expected to multiply in the years to follow. 

Eye care clinics have embraced increased level of sophistication in recent times. Doctors and medical practitioners are emphasizing on the need to foster greater resilience in the field of ophthalmology. Furthermore, the changing requirements of the medical fraternity have paved way for the growth of the global vision screeners market. Moreover, opthalmological supervision is a necessary requirement for the geriatric population. This factor, coupled with the increasing investments in medical research, has driven demand within the global market. 

Visionary screeners have helped eye care facilities in improving their rating and performance index. Hence, the commercialization of healthcare and medicine has led to widespread installation of vision screeners in hospitals and healthcare centers. There is a large playfield of opportunities for the vendors operating in the global vision screeners market. Moreover, healthcare experts have persuaded government bodies to provide financial incentives for installation of vision screeners across public health facilities. 

A report on the global vision screeners market sheds light on some of the leading drivers of market demand. The vision screeners market can be segmented on the basis of: end-users and region. Based on end-users, children aged 6 to 13 years are frequently subjected to vision screening. 

Global Vision Screeners Market: Notable Developments 

Stoked improvements in the field of ophthalmology have led to several notable developments in the global market. 

  • Spot Vision Screeners, manufactured by Welch Allyn, have come under the spotlight of attention in recent times. The portability and quick-detection of these screeners has generated increased demand for these devices. Moreover, Welch Allyn has set the wheel of innovation to motion, and has invited responses from other vendors. 
  • The market vendors are focusing on developing specialized vision screeners for children aged below 13 years. This trend shall create a wide pool of opportunities within the market as the vendors can earn from developing cutting-edge vision screeners for children. 

Some of the leading vendors in the global vision screeners market are: 

  • Essilor International S.A. (Stereo Optical Company Inc.)
  • OCULUS Surgical, Inc.,
  • Adaptica S.r.l.
  • Honeywell International Inc.
  • Plusoptix Inc. 

Global Vision Screeners Market: Growth Drivers 

  • Quality Healthcare becomes a Priority across Developing Countries 

The presence of a stellar industry for healthcare in developed countries has acted as an archetype for developing nations. Governments in emerging nations have increased their investments towards ophthalmic care, and this factor is slated to drive demand within the global vision screeners market. It is expected that the presence of public healthcare clinics in developing regions would drive market demand. 

  • Growing Incidence of Eye Strain Disorders 

With increasing use of computer and mobile devices, the incidence of eye disorders has increased. This factor has created fresh opportunities for growth within the global vision screeners market. The younger population is encouraged to go for regular vision screening tests which has in turn aided market growth.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

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