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(Medical-NewsWire.com, November 26, 2018 ) Eye exam equipment market overview
The increasing incidences of eye diseases, technological advancements in ophthalmic devices, government initiatives to raise awareness of regulating visual disorder, and increasing disposable incomes resulting in increased healthcare expenditure by individuals are the major factors driving the expansion of the eye exam equipment market.
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Eye exam equipment market Forecast Report (2018-2023)
Eye Exam Equipment Market size worth was around USD 2.49 billion in 2018. It is expected to raise at a CAGR of 6.2% to reach USD 3.36 billion by 2023
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Eye exam equipment Market Segmentation
The Eye Exam Equipment market is categorized depending on Type and based on End User. By type, the market is into OCT, Fundus Cameras, Ophthalmoscope,, Ultrasound, Autorefractor, Slit Lamp, Lensmeter, Corneal Topography, Chart Projectors, Wavefront Analyzer. In this segment, the retina and glaucoma examination goods segment accounted for the major share of the worldwide eye exam equipment market in 2016. This could be attributed to the rising prevalence of retinal diseases and glaucoma, technological progressions in eye exam equipment, growing variety of eye care clinics, and increasing access to modern & sophisticated ophthalmic diagnostic devices. On the basis of end user, the clinics sector accounted for the biggest share of the eye exam equipment market in 2016. The massive share of the clinics sector can be attributed to factors like the vast range of patient pool treated in clinics and also the rising range of corporate clinical practices established by ophthalmologists in developing countries.
By geography, the market is divided into Latin America, Asia Pacific, Europe, North America, and Middle East and Africa. North America accounted for the major share of the eye exam equipment market in 2016, followed by Europe and Asia Pacific. The developed health care system, convenience and ease of access of technologically advanced eye exam equipment, and greater adoption of ophthalmology treatments and surgeries in this region are the primary factors accountable for the large share of North America in the eye exam equipment market.
Key Developments in the Market
• In April 2018, Nidek announced that they had launched a company in Korea to handle the various regulations pertaining to the region and expand its market for medical devices.
• In August 2017, Zeiss announced the acquisition of Veracity announced their intention to digitalize eye care and give personalized treatment and care to patients and doctors giving the relevant data for easy access
Major Players:
Key players in the market are
• Carl Zeiss
• Haag-Streit
• Topcon
• NIDEK
• Heidelberg Engineering
• Escalon
• Novartis
• Valent
• Canon
• Luneau Technology.
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abhishek@marketdataforecast.com
Source: EmailWire.Com 
Source: EmailWire.com
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