Phoropter Consumption Market Dynamics 2018 – Opportunities, Risks And Driving Factors To 2023

Phoropter Consumption Market Synopsis:

In this report, PMR Information covers the present scenario with the base year being 2017 and the growth prospects of global Phoropter market for 20182023.

Phoropter is a common name for an ophthalmic testing device, also called a refractor. It is commonly used by eye care professionals during an eye examination, and contains different lenses used for refraction of the eye during sight testing, to measure an individuals refractive error and determine his or her eyeglass prescription. It also is used to measure the patients phorias and ductions, which are characteristics of binocularity.
In the coming years there is an increasing demand for phoropter in the regions of North America and Europe that is expected to drive the market for more advanced Phoropter. Increasing of myopia, moreintense competition, launches in introducing new products, increasing of spending on health and personal care,increasing adoption of phoropter will drive growth in China markets.

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Globally, the Phoropter industry market is high concentrated as the manufacturing technology of Phoropter is relatively independent than some lowtech equipment. And some enterprises, like Topcon, Nidek and Reichert, etc. are wellknown for the wonderful performance of their Phoropter and related services.

The consumption volume of Phoropter is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Phoropter industry may not keep that fast. But it is surely forecasted that the market of Phoropter is still promising.

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Over the next five years, PMRIPMR Information projects that Phoropter will register a 3.7% CAGR in terms of revenue, reach US$ 180 million by 2023, from US$ 140 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Phoropter market by product type, application, key manufacturers and key regions.

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To calculate the market size, PMR Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Manual Phoropter
Automatic Phoropter
Segmentation by application:
Optical Shops
Hospitals
Others

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