Growing prevalence of eye disorders and abnormalities has led to surge in demand for optometry equipment globally. In addition, government in various countries are taking initiatives to control visual impairment. Such factors are projected to impact growth of the global optometric equipment marketpositively. Fact.MR states that the global optometry equipment market is projected to reflect a CAGR of x over the forecast ... Read more
Optometry equipment are usually operated by optometrist or ophthalmologist to examine, diagnose, treat, and manage diseases and disorders of the visual system, the eye, and deformities associated with eye structures as well as diagnose eye related systemic disorders. Optometry equipment include set of equipment used for cornea and cataract examination, retina and glaucoma examination and for general examination purposes. These optometry instruments include retinoscopes, visual field ... Read more
Rising prevalence of most common eye disease such as age-related macular degeneration (AMD), cataract, glaucoma, and diabetic retinopathy are major driving factor for growth of the optometry equipment market. For instance, according to the data published in the Glaucoma Research Foundation (GRF) in October 2017, glaucoma accounts for around 10 million visits to physicians annually. Furthermore, in terms of health care expenditure, glaucoma cost around US$ 1.5 billion to the U.S. government, ... Read more