The optometry equipment market is driven by factors such as the increasing prevalence of eye diseases and disorders, the rising geriatric population, and the growing demand for vision care services. Technological advancements in equipment such as diagnostic devices, surgical instruments, and vision screening devices are also contributing to the growth of the market. Additionally, the increasing adoption of telemedicine and the availability of government funding for eye care facilities are expected to provide further impetus to market growth. However, factors such as the high cost of equipment and a shortage of skilled professionals may hinder market growth. Overall, the optometry equipment market is expected to continue growing in the coming years due to increasing awareness of eye health and the need for early diagnosis and treatment of eye disorders.
Global Optometry Equipment Market is estimated to be valued at US$ 4,062.1 million in 2022 and is expected to exhibit a CAGR of 5.8% during the forecast period (2022-2030).
Top Companies in the Optometry Equipment Industry:
1. Canon Inc.
Canon Inc. is a Japanese multinational corporation founded in 1937 and headquartered in Tokyo, Japan. The company operates in over 200 countries and regions worldwide, providing imaging and optical products such as cameras, camcorders, and printers, as well as office equipment like copiers and scanners. In March, 202 Canon Inc. announced that the company has signed an agreement for the purchase of assets—technology for mass production of cells for use in treatment and other clinical applications—owned by Kyoto Seisakusho Co., Ltd.
2. Carl Zeiss AG
Carl Zeiss AG is a German manufacturer of optical systems and medical devices founded in 1846 and headquartered in Oberkochen, Germany. The company operates in over 40 countries, with a focus on Europe, Asia, and North America. Carl Zeiss AG provides solutions for a wide range of industries, including semiconductor manufacturing, automotive, and medical technology. In October, 2022 ZEISS Semiconductor Manufacturing Technology (SMT) segment is building a new multifunction factory in Dillfeld, Wetzlar, in addition to the existing SMT site.
3. Escalon Services, Inc.
Escalon Services, Inc. is an American company founded in 1996 and headquartered in Wayne, Pennsylvania. The company provides revenue cycle management and software services to the healthcare industry, with operations in the United States and India.
4. Essilor International S.A.
Essilor International S.A. is a French multinational corporation founded in 1972 and headquartered in Charenton-le-Pont, France. The company operates in over 100 countries and is a leading manufacturer of optical lenses, eyewear, and equipment. Essilor International S.A. serves customers in various markets, including prescription lenses, sunglasses, and reading glasses. In March, 2023 EssilorLuxottica, a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses, and ERG, a leading European producer of energy from renewable sources through its subsidiary ERG Power Generation, announced today that they have signed a twelve-year Power Purchase Agreement (PPA) for the supply of approximately 900 GWh of green energy between 2023-2034.
5. Haag-Streit AG
Haag-Streit AG is a Swiss manufacturer of medical equipment founded in 1858 and headquartered in Köniz, Switzerland. The company operates in over 120 countries worldwide and specializes in the production of instruments for ophthalmologists and optometrists.
6. Heidelberg Engineering GmbH
Heidelberg Engineering GmbH is a German manufacturer of medical devices founded in 1986 and headquartered in Heidelberg, Germany. The company provides diagnostic equipment for ophthalmologists and optometrists, with operations in over 100 countries.
7. Heine Optotechnik GmbH & Co. KG
Heine Optotechnik GmbH & Co. KG is a German manufacturer of medical devices founded in 1946 and headquartered in Herrsching am Ammersee, Germany. The company operates in over 120 countries worldwide.
8. Luneau Technology Group
Luneau Technology Group was founded in 2000 and is headquartered in Chartres, France. The company operates in over 90 countries and specializes in optical and medical equipment, including eyewear, lenses, and diagnostic instruments for optometry and ophthalmology.
9. NIDEK CO., LTD.
NIDEK CO., LTD. was founded in 1971 and is headquartered in Gamagori, Japan. The company operates in over 100 countries and specializes in medical equipment, including diagnostic and surgical instruments for ophthalmology and optometry.
*Definition- Optometry equipment refers to the specialized instruments and devices used by optometrists and ophthalmologists to examine, diagnose, and treat eye diseases and vision disorders. Examples of optometry equipment include diagnostic tools, surgical instruments, vision screening devices, and imaging systems.
