Optical lens edger market -Regional Analysis
On the basis of region, the optical lens edger market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold dominant position in the optical lens edger market over the forecast period, owing to increasing in the number of eye disease and infection. For instance, according to National Eye Institute US 2014 report, around 14.9 Million Americans have eye disease in 2014.
Asia pacific is expected to witness significant growth over the forecast period, owing to increasing in healthcare expenditure in this region. For instance, according to India Brand Equity Foundation 2018, in India, the health care expenditure in 2017 was US$ 160 billion and expected to increase to US$ 372 billion by 2022 which in turn expected to bring new technologies into the Indian market.
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