Phoropter is an instrument which examine the eye’s refractive error and help determine eye prescription. Phoropter is a medical device or instrument used in eye examination. This instrument consist of prisms, cylinders, and lenses that help measure the eye’s refractive error to measure the eye’s natural resting position, binocular vision, near-distance focal ability, and eye movements. These devices are commonly known as refractors. This device was developed in the early 1900s for the purpose of testing individual lenses on each eye during an examination. It is also used to measure phorias and ductions.

Rise in prevalence of eye refractive disorders such as astigmatism, myopia, and hyperopia is a major driver of the global phoropters market. According to the World Health Organization (WHO), in 2004, around 2.7% people were visually impaired due to uncorrected refractive errors. 4.4% people of China are suffering from visually impairment from uncorrected refractive errors. Additionally, to a data published by WHO in 2013, majority of the people aged 50 years or above are currently living with blindness.  The report also stated that uncorrected refractive errors have led to visual impairments, especially in the low and middle income economies. Increase in levels of air pollution and fast evolving lifestyle affect the vision. These factors are expected to fuel  the global phoropters market. Advancement of new technologies in ophthalmology and addition of new devices are propelling the phoropters market. However, lack of awareness among people regarding eye diseases and lack of skilled staff for correct examination are some factors that inhibiting the global market.

The global phoropters market can be divided based on product type, end-user, and region. In terms of product type, the global market can be bifurcated into manual phoropters and digital phoropters. The digital phoropters segment is expected to dominate the market during the forecast period owing to give more accurate measurement of phorias and ductions and ease of operation. In terms of end-user, the global phoropters market can be segmented into hospitals, ophthalmic clinics, and optometric clinics. The ophthalmic clinics segment is projected to dominate the phoropters market during the forecast period. Patient inclination toward ophthalmic clinics, access to these clinics, and availability of advanced devices at these clinics are major factors which boosting the segment.

In terms of region, the global phoropters market can be segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounts for a large share of the global phoropters market. The market in the region is anticipated to expand during the forecast period. Growth in the aging population, rise in prevalence of ophthalmic diseases, and better health care facilities available in the region are some major factors driving the phoropters market in North America. In terms of revenue, Europe is expected to account for a large share of the market during the forecast period owing to high prevalence of ophthalmic diseases and presence of major players in the region. The market in Asia Pacific is likely to expand at a high CAGR during the forecast period due to the increase in prevalence of ophthalmic disorders, improving health care infrastructure, and rise in awareness among people regarding eye care and vision.

The global phoropters market is highly fragmented due to the presence of major companies in this market. Key players operating in the global market include Luneau Technology Group, AMETEK, Inc. and Reichert, Inc., Carl Zeiss Meditec AG, bon Optic Vertriebsges mbH, NIDEK CO., LTD., ESSILOR Ltd., US Ophthalmic, Rocket Medical Technology (Beijing) Co., Ltd, RIGHT MFG.CO., LTD., and S4OPTIK LLC.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

.