Amblyopia Therapeutic Apparatus Market, Size, Share, Opportunities and Forecast, 2020-2027

SKU: DPH247 | Last Updated On: Feb 25 2021 | No. of Pages: 180 | Available Formats

> Global Amblyopia Therapeutic Apparatus Market Expected to reach a high CAGR of 2.9% By 2027: DataM Intelligence

Global Amblyopia Therapeutic Apparatus Market is segmented By Product (Color/Icon Apparatus, Comprehensive Apparatus), By Application (Eye Hospital, Vision Recovery Centre), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2020-2027

 

Market Overview

The Global Amblyopia Therapeutic Apparatus Market is expected to grow at a CAGR of 2.9% during the forecasting period (2020-2027).

Amblyopia Therapeutic Apparatus is a device used to treat amblyopia, often referred to as "lazy eye" Amblyopia is reduced vision in one or both eyes owing to abnormal vision production in infancy or childhood. There might not be an apparent issue with the eye in amblyopia. Vision deficiency happens when the nerve impulses between the brain and the retina are not adequately activated. The brain "learns" to see only fuzzy images of an amblyopia eye, even though glasses are used. Consequently, one eye is favored by the brain, usually due to impaired vision with the other eye.

Source: MSG Analysis (2019)

Market Dynamics

Amblyopia Therapeutic Apparatus is widely used in Homecare, hospitals and Ophthalmologic Center. The major factors propelling the Amblyopia Therapeutic Apparatus market's growth are the growing demand for Amblyopia Therapeutic Apparatus due to rising healthcare expenditure and favorable government regulations.  

Increasing HealthCare Expenditure boosts the market growth for Amblyopia Therapeutic Apparatus.

Growth in expenditure incurred in healthcare equipment and technology will propel the growth of the market. Besides, the increasing prevalence of impairments or blindness incidence across the globe is driving the market's growth over the forecast years. For instance: as per World Health Organization 2019, over 2.2 billion people worldwide have a vision impairment or blindness, of whom at least 1 billion have a vision impairment that could have been prevented or has yet to be addressed. Also, the favorable government initiatives taken regarding the treatment of several eye diseases in the Children or Adolescents population across the globe are expected to create a lucrative opportunity for the market's growth over the forthcoming period.

Lack of Skilled Workforce

Significant evidence has emerged for effective treatment of amblyopia, occlusion therapy and atropine. However, amblyopia diagnosis remains difficult, primarily due to compliance problems and sub-optimal care results during occlusion and atropine penalization. The requirement of skilled professionals for advanced technology, lack of knowledge about amblyopia therapeutic and huge cost incurred in training of new professional limit the market growth.

COVID-19 Impact Analysis

The demand for medical amblyopia therapeutic equipment is projected to expand rapidly due to the global burden of COVID-19. As a result of the pandemic, suppliers of the Medical Amblyopia Therapeutic Apparatus industry were forced to suspend the business operations to comply with the new government regulations. This break-in operation has a significant effect on the sales flow in the global industry for medical amblyopia.

Segmentation Analysis

Based on the product, the Amblyopia Therapeutic Apparatus market has been classified into Color/Icon Apparatus and Comprehensive Apparatus.

The color/Icon apparatus segment is projected to be the market's dominant segment during the forecast period.

Color/Icon apparatus dominated the global market in 2019, whereas the organic Amblyopia Therapeutic Apparatus is expected to present considerable growth shortly. Color/icon Amblyopia Therapeutic Apparatus is much appropriate in terms of getting rid of amblyopia. Therefore, the increasing usage of color/Icon Apparatus in the Amblyopia Therapeutic Apparatus is expected to propel the near future's segmental growth.

Amblyopia Therapeutic Apparatus is segmented based on Application, which includes an eye hospital and vision recovery center.

Eye Hospital is expected to dominate the Amblyopia Therapeutic Apparatus market.

The majority of these Amblyopia Therapeutic involve diagnosis and treatment care of the patients for various Amblyopia. These services are provided through public or private eye hospitals and clinics. The countries are developing their public and private hospitals to provide better medical treatments to the population. Moreover, the increasing number of overall treatments in hospitals includes procedures including Glasses and eye patches which further drives the market growth. As the American Academy of Opthalmology (AAO), Approximately 1.2 million eye alignment surgeries are performed each year, making it the third most common eye surgery in the United States. Moreover, as per Statista, the US had about 200 retail clinics in 2008, which increased to 2800 by the end of 2018.

Source: MSG Analysis (2019)

Geographical Analysis

Based on geography, the study analyzes the Amblyopia Therapeutic Apparatus market globally, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

Asia Pacific Region is expected to dominate the global Amblyopia Therapeutic Apparatus market.

The Asia Pacific is the leading/significant region globally in terms of market share due to the increasing growth in healthcare expenditure and technological advancement. In comparison, the region is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2026. Factors such as the rising population of children suffering from amblyopia would create lucrative growth prospects for the Customized Medical Amblyopia Therapeutic Apparatus market across the Asia-Pacific region. Moreover, the Middle East & Africa and South America are also expected to grow with healthy CAGR over the forecast period. North America and Europe are estimated to hold a significant share in the global market. Increasing demand in eye hospitals across these regions also increases the number of vision recovery centers.

 

Competitive Landscape

The Amblyopia Therapeutic Apparatus market is moderately competitive, owing to major market players in the key regions such as the US, China, India and others. The key Amblyopia Therapeutic Apparatus players contributing to the growth of the global market include Guangzhou Boshi, Guangzhou Shijia, Xi'an Huaya, Shenzhen ElmmediCare, Guangzhou Shizheng, Xi'an Aile, Zhongke Hengtong, Beijing Tongming, among others. The major players are adopting new product launch and expansion strategies for global growth in the Amblyopia Therapeutic Apparatus market.   

Medtronic Plc:

Medtronic Plc is a medical technology company that engages in developing, manufacturing, distributing, and selling device-based medical therapies and services. It operates through the following segments: Cardiac and Vascular Group; Minimally Invasive Technologies Group; Restorative Therapies Group; and Diabetes Group. The Cardiac and Vascular Group segment consists of Cardiac Rhythm and Heart Failure, Coronary and Structural Heart, and Aortic and Peripheral Vascular divisions. The Minimally Invasive Technologies Group segment comprises Surgical Innovations and Respiratory, Gastrointestinal, and Renal divisions. The Restorative Therapies Group contains Spine, Brain, Specialty Therapies, and Pain Therapies, divisions. The Diabetes Group segment focuses on the development, manufacturing, and marketing of products and services to manage Type I and Type II diabetes. The company was founded in 1949 and is headquartered in Dublin, Ireland.

Product Portfolio:

The company has advanced surgical technology, electrosurgical hardware, pacing systems, Electrosurgical products, cardiovascular, heart valves, pediatric perfusion products, Carelink personal therapy management software, Carelink pro therapy management software, Guardian real-time continuous glucose monitoring system, Infusion sets, Insulin pumps with continuous monitors, Ipro2 professional cgm, Digestive & gastrointestinal, Gastric electrical stimulation systems, Sacral neuromodulation systems, Balloon sinus dilation products, among others.

Why Purchase the Report?

  • Visualize the Amblyopia Therapeutic Apparatus market segmentation composition by Product, Application, and region, highlighting the critical commercial assets and players.
  • Identify commercial opportunities in the Amblyopia Therapeutic Apparatus market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of Amblyopia Therapeutic Apparatus market - level 3 segmentation.
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  • Product mapping in excel for the key product of all major market players.

The global Amblyopia Therapeutic Apparatus market report would provide access to an approx. 51 market data table, 45 figures and 201 pages.

Target Audience

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers

Related Topic’s

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Table of Contents

  1. Amblyopia Therapeutic Apparatus Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Amblyopia Therapeutic Apparatus Market – Market Definition and Overview

  3. Amblyopia Therapeutic Apparatus Market – Executive Summary

    1. Market Snippet by Product
    2. Market Snippet by Application
    3. Market Snippet by Region
  4. Amblyopia Therapeutic Apparatus Market-Market Dynamics

    1. Market Impacting Factors
      1. Drivers
        1. Increasing HealthCare Expenditure boosts the market growth for Amblyopia Therapeutic Apparatus.
        2. Increasing demand from the e-commerce industry
      2. Restraints:
        1. Lack of skilled workforce
      3. Impact Analysis
  5. Amblyopia Therapeutic Apparatus Market – Industry Analysis

    1. Porter's Five Forces Analysis
    2. Supply Chain Analysis
    3. Value Chain Analysis
    4. PEST Analysis
    5. Pricing Analysis
    6. Regulatory Analysis
    7. Reimbursement Analysis
    8. Unmet Needs
    9. Patent Trends
  6. Amblyopia Therapeutic Apparatus Market – COVID-19 Analysis

    1. Analysis of Covid-19 on the Market
      1. Before COVID-19 Market Scenario
      2. Present COVID-19 Market Scenario
      3. After COVID-19 or Future Scenario
    2. Pricing Dynamics Amid Covid-19
    3. Demand-Supply Spectrum
    4. Government Initiatives Related to the Market During Pandemic
    5. Manufacturers Strategic Initiatives
    6. Conclusion 
  7. Amblyopia Therapeutic Apparatus Market – By Product

    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Segment
    3. Market Attractiveness Index, By Product Segment
      1. Color/Icon Apparatus
        1. Introduction
        2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
      2. Comprehensive Apparatus
  8. Amblyopia Therapeutic Apparatus Market – By Application

    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application Segment
    3. Market Attractiveness Index, By Application Segment
      1. Eye Hospital
        1. Introduction
        2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
      2. Vision Recovery Centre
  9. Amblyopia Therapeutic Apparatus Market – By Region

    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
    3. Market Attractiveness Index, By Region
    4. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. The U.S.
        2. Canada
        3. Mexico
    5. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. The U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    6. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    7. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    8. The Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
  10. Amblyopia Therapeutic Apparatus Market – Competitive Landscape

    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
  11. Amblyopia Therapeutic Apparatus Market- Company Profiles

    1. Guangzhou Boshi
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Medtronic
    3. Microlife
    4. Guangzhou Shijia
    5. Omron
    6. Xi'an Huaya
    7. Shenzhen ElmmediCare
    8. Guangzhou Shizheng
    9. Xi'an Aile
    10. Zhongke Hengtong
    11. Beijing Tongming (List Not Exhaustive)
  12. Amblyopia Therapeutic Apparatus Market – Premium Insights

  13. Amblyopia Therapeutic Apparatus Market – MSG Analysis

    1. Appendix
    2. About Us and Services
    3. Contact Us

 

List of Tables & Figures

List of Tables

Table 1 Global Amblyopia Therapeutic Apparatus Market Value, By Product, 2019, 2023 & 2027 (US$ Million)

Table 2 Global Amblyopia Therapeutic Apparatus Market Value, By Application, 2019, 2023 & 2027 (US$ Million)

Table 3 Global Amblyopia Therapeutic Apparatus Market Value, By Region, 2019, 2023 & 2027 (US$ Million)

Table 4 North America Amblyopia Therapeutic Apparatus Market Value, By Product, 2019, 2023 & 2027 (US$ Million)

Table 5 North America Amblyopia Therapeutic Apparatus Market Value, By Application, 2019, 2023 & 2027 (US$ Million)

Table 6 North America Amblyopia Therapeutic Apparatus Market Value, By Country, 2018-2027 (US$ Million)

Table 7 South America Amblyopia Therapeutic Apparatus Market Value, By Product, 2019, 2023 & 2027 (US$ Million)

Table 8 South America Amblyopia Therapeutic Apparatus Market Value, By Application, 2019, 2023 & 2027 (US$ Million)

Table 9 South America Amblyopia Therapeutic Apparatus Market Value, By Country, 2018-2027 (US$ Million)

Table 10 Europe Amblyopia Therapeutic Apparatus Market Value, By Product, 2019, 2023 & 2027 (US$ Million)

Table 11 Europe Amblyopia Therapeutic Apparatus Market Value, By Application, 2019, 2023 & 2027 (US$ Million)

Table 12 Europe Amblyopia Therapeutic Apparatus Market Value, By Country, 2018-2027 (US$ Million)

Table 13 Asia Pacific Amblyopia Therapeutic Apparatus Market Value, By Product, 2019, 2023 & 2027 (US$ Million)

Table 14 Asia Pacific Amblyopia Therapeutic Apparatus Market Value, By Application, 2019, 2023 & 2027 (US$ Million)

Table 15 Asia Pacific Amblyopia Therapeutic Apparatus Market Value, By Country, 2019, 2023 & 2027 (US$ Million)

Table 16 The Middle East & Africa Amblyopia Therapeutic Apparatus Market Value, By Product, 2019, 2023 & 2027 (US$ Million)

Table 17 The Middle East & Africa Amblyopia Therapeutic Apparatus Market Value, By Application, 2019, 2023 & 2027 (US$ Million)

Table 18 The Middle East & Africa Amblyopia Therapeutic Apparatus Market Value, By Country, 2019, 2023 & 2027 (US$ Million)

Table 19 Guangzhou Boshi: Overview

Table 20 Guangzhou Boshi: Product Portfolio

Table 21 Guangzhou Boshi: Key Developments

Table 22 Medtronic : Overview

Table 23 Medtronic : Product Portfolio

Table 24 Medtronic : Key Developments

Table 25 Microlife : Overview

Table 26 Microlife : Product Portfolio

Table 27 Microlife : Key Developments

Table 28 Guangzhou Shijia: Overview

Table 29 Guangzhou Shijia: Product Portfolio

Table 30 Guangzhou Shijia: Key Developments

Table 31 Omron: Overview

Table 32 Omron: Product Portfolio

Table 33 Omron: Key Developments

Table 34 Xi'an Huaya: Overview

Table 35 Xi'an Huaya: Product Portfolio

Table 36 Xi'an Huaya: Key Developments

Table 37 Shenzhen ElmmediCare: Overview

Table 38 Shenzhen ElmmediCare: Product Portfolio

Table 39 Shenzhen ElmmediCare: Key Developments

Table 40 Guangzhou Shizheng: Overview

Table 41 Guangzhou Shizheng: Product Portfolio

Table 42 Guangzhou Shizheng: Key Developments

Table 43 Xi'an Aile: Overview

Table 44 Xi'an Aile: Product Portfolio

Table 45 Xi'an Aile: Key Developments

Table 46 Zhongke Hengtong: Overview

Table 47 Zhongke Hengtong: Product Portfolio

Table 48 Zhongke Hengtong: Key Developments

Table 49 Beijing Tongming: Overview

Table 50 Beijing Tongming: Product Portfolio

Table 51 Beijing Tongming: Key Developments

 

List of Figures

Figure 1 Global Amblyopia Therapeutic Apparatus Market Share, By Product, 2019 & 2027 (%)

Figure 2 Global Amblyopia Therapeutic Apparatus Market Share, By Application, 2019 & 2027 (%)

Figure 3 Global Amblyopia Therapeutic Apparatus Market Share, By Region, 2019 & 2027 (%)

Figure 4 Global Amblyopia Therapeutic Apparatus Market Value, 2018-2027 (US$ Million)

Figure 5 Global Amblyopia Therapeutic Apparatus Market Y-o-Y Growth, By Product, 2019-2027 (%)

Figure 6 Color/Icon Apparatus: Global Amblyopia Therapeutic Apparatus Market Value, 2018-2027 (US$ Million)

Figure 7 Comprehensive Apparatus: Global Amblyopia Therapeutic Apparatus Market Value, 2018-2027 (US$ Million)

Figure 8 Global Amblyopia Therapeutic Apparatus Market Y-o-Y Growth, By Application, 2019-2027 (%)

Figure 9 Eye Hospitals: Global Amblyopia Therapeutic Apparatus Market Value, 2018-2027 (US$ Million)

Figure 10 Vision Recovery Center: Global Amblyopia Therapeutic Apparatus Market Value, 2018-2027 (US$ Million)

Figure 11 Global Amblyopia Therapeutic Apparatus Market Y-o-Y Growth, By Region, 2019-2027 (%)

Figure 12 North America Amblyopia Therapeutic Apparatus Market Value, 2018-2027 (US$ Million)

Figure 13 North America Amblyopia Therapeutic Apparatus Market Share, By Product, 2019 & 2027 (%)

Figure 14 North America Amblyopia Therapeutic Apparatus Market Share, By Application, 2019 & 2027 (%)

Figure 15 North America Amblyopia Therapeutic Apparatus Market Share, By Product, 2019 & 2027 (%)

Figure 16 North America Amblyopia Therapeutic Apparatus Market Share, By Country, 2019 & 2027 (%)

Figure 17 South America Amblyopia Therapeutic Apparatus Market Value, 2018-2027 (US$ Million)

Figure 18 South America Amblyopia Therapeutic Apparatus Market Share, By Product, 2019 & 2027 (%)

Figure 19 South America Amblyopia Therapeutic Apparatus Market Share, By Application, 2019 & 2027 (%)

Figure 20 South America Amblyopia Therapeutic Apparatus Market Share, By Country, 2019 & 2027 (%)

Figure 21 Europe Amblyopia Therapeutic Apparatus Market Value, 2018-2027 (US$ Million)

Figure 22 Europe Amblyopia Therapeutic Apparatus Market Share, By Product, 2019 & 2027 (%)

Figure 23 Europe Amblyopia Therapeutic Apparatus Market Share, By Application, 2019 & 2027 (%)

Figure 24 Europe Amblyopia Therapeutic Apparatus Market Share, By Country, 2019 & 2027 (%)

Figure 25 Asia-Pacific Amblyopia Therapeutic Apparatus Market Value, 2018-2027 (US$ Million)

Figure 26 Asia-Pacific Amblyopia Therapeutic Apparatus Market Share, By Product, 2019 & 2027 (%)

Figure 27 Asia-Pacific Amblyopia Therapeutic Apparatus Market Share, By Application, 2019 & 2027 (%)

Figure 28 Asia-Pacific Amblyopia Therapeutic Apparatus Market Share, By Country, 2019 & 2027 (%)

Figure 29 The Middle East & Africa Amblyopia Therapeutic Apparatus Market Value, 2018-2027 (US$ Million)

Figure 30 The Middle East & Africa Amblyopia Therapeutic Apparatus Market Share, By Product, 2019 & 2027 (%)

Figure 31 The Middle East & Africa Amblyopia Therapeutic Apparatus Market Share, By Application, 2019 & 2027 (%)

Figure 32 The Middle East & Africa Amblyopia Therapeutic Apparatus Market Share, By Country, 2019 & 2027 (%)

Figure 33 Guangzhou Boshi: Financials

Figure 34 Medtronic : Financials

Figure 35 Microlife : Financials

Figure 36 Guangzhou Shijia: Financials

Figure 37 Omron: Financials

Figure 38 Xi'an Huaya: Financials

Figure 39 Shenzhen ElmmediCare: Financials

Figure 40 Guangzhou Shizheng: Financials

Figure 41 Xi'an Aile: Financials

Figure 42 Zhongke Hengtong: Financials

Figure 43 Beijing Tongming: Financials

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