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Automatic Lensmeter Market Size, Share, Industry, Forecast and outlook (2023-2030)

Published: 2023 May 12
SKU : MD4239
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180 pages
Report Summary
Table of Contents
List of Tables & Figures

Global Automatic Lensmeter Market is Segmented By Type (Automatic Mono Focal Lens, Automatic Multi-Focal Lens), By End-user (Hospital, Eyeglass Manufacturers, Retail Opticians, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

 

Automatic Lensmeter Market Overview

The Global Automatic Lensmeter Market report analyzes the global market size, shares, recent trends, competitive intelligence, and future market outlook. Automatic lens meters are used for precise measurement and verification of eyeglass lenses. The market is driven by the increasing prevalence of vision disorders and the growing demand for accurate and efficient lens measurement devices. In Europe, the Global Automatic Lensmeter Market is experiencing rapid growth. Key players in the market include Company G, Company H, Company I, and other prominent players.

Lensomers or lensmeters are ophthalmic instruments used by eye care practitioners to verify the power of eyeglass lenses and confirm the correct prescription for eyeglass lenses. The lensmeter system is also used to ensure that lenses are properly placed inside a pair of eyeglasses.

 

Automatic Lensmeter Market Scope and Summary

Metrics

Details

Market CAGR

High

Segments Covered

By Type, By End-User, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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Automatic Lensmeter Market Dynamics and Trends

Driver:

An increase in demand for quick and easy-to-use automatic lensmeters their ability to offer repeatable measurements, Increased emphasis on the use of quick and accurate lensmeters with reduced operating errors are some of the key factors driving the growth of the global automatic lensmeter market.

Restraint:

The high cost of the fully automatic lensmeter and errors when lenses are placed inside a pair of eyeglasses when taken bulk are a few factors projected to hamper the market during the forecast period.

COVID-19 Impact on Automatic Lensmeter Market Growth

The COVID-19 pandemic has disrupted everyone's lives globally. As primary health care professionals, Optometrists are at a higher risk of infection in their practices during these testing times. Optometrists and optical store owners need practically implementable guidelines as lockdown gets lifted in various parts of our country. As these practices gear up to provide an eye examination and vision correction, they need to take necessary precautions to avoid cross-contamination. Optometry Council of India guidelines were circulated among optometry and optical associations and experts in various optometry specialities. A consensus among various bodies has arrived. These guidelines provide recommendations for optical and optometry practices. The pandemic is interrupting the medical supply chain, and many companies will vary to other geographic regions in the future to ensure that products remain available and protect their supply chain. Thus, the market will undergo impetus during the forecast period.

Automatic Lensmeter Market Segment and Shares

The automatic multifocal lens segment is expected to hold the largest market share in the automatic lensmeter  market

The automatic multifocal lens segment accounted for the largest market share in 2020. The growth of the segment is benefited because it improves near and far-distance vision shows better results. Moreover, after implanting the lenses, people no longer need to wear corrective lenses to see clearly. For instance, Patients with Glaucoma and Dry Age-Related Macular Degeneration who had a multifocal IOL implanted reported poorer monocular visual acuity and lower contrast sensitivity values in certain settings than healthy controls. Even though patient satisfaction was lower in dry AMD patients, overall binocular function appeared good, as self-reported daily activity difficulties were comparable to those reported by healthy subjects. Patients with preperimetric glaucoma and healthy controls had no clinically significant variations in visual function. As a result, a multifocal IOL may be considered for patients with preperimetric glaucoma with little risk of patient dissatisfaction and in glaucoma and dry AMD instances.

Automatic Lensmeter Market Geographical Analysis

North America region holds the largest market share in the global automatic lensmeter market

North America accounted for the largest revenue share in 2020. The growth of the region is due to the rising elderly population, rising eye problems, increasing demand for eyeglasses, increasing eye surgeries in the region are a few factors expected to boost the market in the forecast period. For instance, aged people's vision naturally deteriorates, beginning with a loss of reading vision or presbyopia and continuing clouding crystalline lens or cataracts. Cataracts occur when the eye lens tissue is affected by age or injury, causing the natural lens to become thick, less transparent, and inflexible. Approximately 4 million cataract procedures are performed every year in the U.S. and nearly 28 million worldwide. About 60,000 cataract procedures are performed every day globally. That's where multifocal intraocular lenses or IOLs are used. Multifocal intraocular lenses (IOLs) are a form of prosthetic lens that is used in cataract surgery. A refractive lens exchange is a surgery that some people prefer to have this lens implanted before acquiring cataracts. The patient's natural lenses are replaced with multifocal IOLs during cataracts or lens replacement surgery. Near, intermediate, and far-distance vision is all improved with these new lenses. Therefore, it has increased the demand for the automatic lensmeter.

Automatic Lensmeter Companies and Competitive Landscape

Some of the key players in the automatic lensmeter market are Topcon Corporation, Nidek, Essilor, Takagi, Reichert, Huvitz Co Ltd, Carl Zeiss, Righton, Luneau Technology and Gilras.

Topcon Corporation:

Overview:

Topcon Corporation is a Japanese-based company. The company designs and manufactures a variety of electronic instruments for use in industrial manufacturing, medical diagnostics, semiconductor manufacturing, and surveying. It also makes such optical devices as mirrors and infrared filters, and optical units for image processing. Moreover, Topcon, founded in 1932 as the surveying instruments division of what is now Seiko Corporation, has offices and subsidiaries worldwide. Toshiba is its primary shareholder, owning about 35% of TOPCON. The company has acquired rival Sokkia to improve its competitive position in Japan and also overseas.

Product Portfolio:

CL-300: The CL-300 combines innovative, digital lens measurement technology with fast and easy operation. It is equipped with a large LCD monitor, a green light beam and a UV transmission measurement function that allows precise measurement of a wide range of different lens materials and designs.

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FAQ’s
What is the Projected CAGR value of the Automatic Lensmeter Market?
Automatic Lensmeter Market is expected to grow at a high CAGR during the forecasting period 2023-2030.
Which region controlled the global market during 2023-2030?
North America Region Controls the Automatic Lensmeter Market during 2023-2030.
Which is the fastest-growing region in the Automatic Lensmeter Market?
Among all regions, Asia Pacific is the fastest-growing market share during the forecast period.
Who are the key players in Automatic Lensmeter Market?
automatic lensmeter market is Topcon Corporation, Nidek, Essilor, Takagi, Reichert, Huvitz Co Ltd, Carl Zeiss, Righton, Luneau Technology and Gilras.
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