Wavefront Aberrometer Market by Type and Geography - Forecast and Analysis 2022-2026

Published: Feb 2022

Pages: 120

SKU: IRTNTR72340

Snapshot

The wavefront aberrometer market share is expected to increase by USD 141.85 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.86%.

This wavefront aberrometer market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers wavefront aberrometer market segmentation by type (electronic and ordinary) and geography (North America, Europe, Asia, and ROW). The wavefront aberrometer market report also offers information on several market vendors, including Carl Zeiss AG, EssilorLuxottica, Johnson and Johnson Inc., Luneau Technology Group, Marco Ophthalmic Inc., NIDEK Co. Ltd., Novartis AG, Optikon 2000 SpA, SCHWIND eye-tech-solutions GmbH, and Tracey Technologies among others.

What will the Wavefront Aberrometer Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Wavefront Aberrometer Market Size for the Forecast Period and Other Important Statistics

Wavefront Aberrometer Market: Key Drivers, Trends, and Challenges

The rise in the number of people with eye disorders is notably driving the wavefront aberrometer market growth, although factors such as high costs associated with eye surgery may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the wavefront aberrometer industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Wavefront Aberrometer Market Driver

One of the key factors driving growth in the wavefront aberrometer market is the rise in number of people with eye disorders. The increasing prevalence of vision-related conditions among people may be attributed to factors such as changes in eating habits, which lead to a less nutritious diet, and an increase in the time spent playing video games, watching television, and working on laptops at work and at home. Cataracts are one of the leading causes of vision disorders globally. Aging makes people more susceptible to eye diseases, such as AMD, diabetic retinopathy, glaucoma, and cataract. With the increasing elderly population in countries such as China, India, and the US, more people will be at risk of visual impairment due to aging processes and chronic eye diseases. Thus, with the increasing aged population, the demand for eye care services will increase, thus augmenting the growth of the market.

Key Wavefront Aberrometer Market Trend

The increase in diabetic population is another factor supporting the wavefront aberrometer market share growth. Diabetes is a group of metabolic diseases in which the person has high blood glucose, either because insulin production is insufficient, or because the body's cells do not respond properly to insulin or both. The lens of the eyes swells due to diabetes, thus affecting the vision of diabetes patients. Even after the blood sugar levels reach the normal level, it can take around three months before vision gets back to normal. Diabetes can also cause glaucoma, retinopathy, cataracts, reversible, temporary blurring of the vision, or even permanent loss of vision. Doctors prescribe spectacles for diabetic patients with vision impairment. Thus, with the increasing number of diabetic patients, the demand for spectacles is expected to increase, which, in turn, is propelling the growth of the global wavefront aberrometer market.

Key Wavefront Aberrometer Market Challenge

The high costs associated with eye surgery will be a major challenge for the wavefront aberrometer market during the forecast period. Even experienced optometrists struggle to determine the degree of vision impairment since it is dependent on the subjective response of the individual tested. It is usually based on reading or describing letters or shapes on an eye chart. In many circumstances, the individual may not be reading the letter that was really seen, but rather the letter that was supposed to be seen. Wavefront aberrometers are the solution to this problem. Wavefront aberrometry is an objective way of determining refractive power that uses an instrument to evaluate how a light beam passes through the examined eye. It provides precise measurements of the light wavefront's movement. A typical LASIK will cost around $1,500-$3,000 per eye; thus, many patients try to avoid it, which, in turn, hampers the market growth.

This wavefront aberrometer market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global wavefront aberrometer market as a part of the global healthcare equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the wavefront aberrometer market during the forecast period.

Who are the Major Wavefront Aberrometer Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

This statistical study of the wavefront aberrometer market encompasses successful business strategies deployed by the key vendors. The wavefront aberrometer market is fragmented and the vendors are deploying growth strategies such as focusing on R&D, technological innovations, strategic collaborations, M&A, market expansion activities, investments in market growth opportunities, and the expansion of distribution networks to compete in the market.

Product Insights and News

Carl Zeiss AG - The company offers products such as i.Profilerplus.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The wavefront aberrometer market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Wavefront Aberrometer Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the wavefront aberrometer market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the healthcare equipment market includes the following core components:

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Wavefront Aberrometer Market?

For more insights on the market share of various regions Request for a FREE sample now!

50% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for wavefront aberrometer in North America. Market growth in this region will be faster than the growth of the market in other regions.

The increase in the adoption of advanced surgical and diagnostic technologies due to rapid growth in healthcare expenditure will facilitate the wavefront aberrometer market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, with the outbreak of COVID-19, the governments of several countries in the region imposed nationwide lockdowns, which limited the movement of people. However, as of early 2021, the number of COVID-19 cases started decreasing due to active vaccination drives. Lockdown restrictions have been removed, and non-essential medical services have again picked up their pace. This will have a significant impact on the market. Thus, the regional wavefront aberrometer market will witness growth during the forecast period.

What are the Revenue-generating Type Segments in the Wavefront Aberrometer Market?

To gain further insights on the market contribution of various segments Request for a FREE sample

The wavefront aberrometer market share growth by the electric segment will be significant during the forecast period. Electronic wavefront aberrometers are gaining popularity due to the advantages they give over traditional wavefront aberrometers.

This report provides an accurate prediction of the contribution of all the segments to the growth of the wavefront aberrometer market size and actionable market insights on post COVID-19 impact on each segment.

Wavefront Aberrometer Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 5.86%
Market growth 2022-2026	$ 141.85 million
Market structure	Fragmented
YoY growth (%)	5.68
Regional analysis	North America, Europe, Asia, and ROW
Performing market contribution	North America at 50%
Key consumer countries	US, China, Germany, Canada, and France
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Carl Zeiss AG, EssilorLuxottica, Johnson and Johnson Inc., Luneau Technology Group, Marco Ophthalmic Inc., NIDEK Co. Ltd., Novartis AG, Optikon 2000 SpA, SCHWIND eye-tech-solutions GmbH, and Tracey Technologies
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this Wavefront Aberrometer Market Report?

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will drive wavefront aberrometer market growth during the next five years
Precise estimation of the wavefront aberrometer market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the wavefront aberrometer industry across North America, Europe, Asia, and ROW
A thorough analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of wavefront aberrometer market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Table of Contents

***1. Executive Summary

**1.1 Market Overview

*Exhibit 01: Key Finding 1

*Exhibit 02: Key Finding 2

*Exhibit 03: Key Finding 3

*Exhibit 04: Key Finding 5

*Exhibit 05: Key Finding 6

*Exhibit 06: Key Finding 7

*Exhibit 07: Key Finding 8

***2. Market Landscape

**2.1 Market ecosystem

*Exhibit 08: Parent market

*Exhibit 09: Market Characteristics

**2.2 Value chain analysis

*Exhibit 10: Value chain analysis: Healthcare equipment

*2.2.1 Research and development

*2.2.2 Inputs

*2.2.3 Operations

*2.2.4 Distribution

*2.2.5 Marketing and sales

*2.2.6 Post-sales and services

*2.2.7 Industry innovations

***3. Market Sizing

**3.1 Market definition

*Exhibit 11: Offerings of vendors included in the market definition

**3.2 Market segment analysis

*Exhibit 12: Market segments

**3.3 Market size 2021

**3.4 Market outlook: Forecast for 2021 - 2026

*3.4.1 Estimating growth rates for emerging and high-growth markets

*3.4.2 Estimating growth rates for mature markets

*Exhibit 13: Global - Market size and forecast 2021 - 2026 ($ million)

*Exhibit 14: Global market: Year-over-year growth 2021 - 2026 (%)

***4. Five Forces Analysis

**4.1 Five Forces Summary

*Exhibit 15: Five forces analysis 2021 & 2026

**4.2 Bargaining power of buyers

*Exhibit 16: Bargaining power of buyers

**4.3 Bargaining power of suppliers

*Exhibit 17: Bargaining power of suppliers

**4.4 Threat of new entrants

*Exhibit 18: Threat of new entrants

**4.5 Threat of substitutes

*Exhibit 19: Threat of substitutes

**4.6 Threat of rivalry

*Exhibit 20: Threat of rivalry

**4.7 Market condition

*Exhibit 21: Market condition - Five forces 2021

***5. Market Segmentation by Type

**5.1 Market segments

*The segments covered in this chapter are:

Electronic
Ordinary

*Exhibit 22: Type - Market share 2020-2025 (%)

**5.2 Comparison by Type

*Exhibit 23: Comparison by Type

**5.3 Electronic - Market size and forecast 2021-2026

*Exhibit 24: Electronic - Market size and forecast 2021-2026 ($ million)

*Exhibit 25: Electronic - Year-over-year growth 2021-2026 (%)

**5.4 Ordinary - Market size and forecast 2021-2026

*Exhibit 26: Ordinary - Market size and forecast 2021-2026 ($ million)

*Exhibit 27: Ordinary - Year-over-year growth 2021-2026 (%)

**5.5 Market opportunity by Type

*Exhibit 28: Market opportunity by Type

***6. Customer landscape

**6.1 Overview

*Exhibit 29: Customer landscape

***7. Geographic Landscape

**7.1 Geographic segmentation

*The regions covered in the report are:

North America
Europe
Asia
ROW

*Exhibit 30: Market share by geography 2021-2026 (%)

**7.2 Geographic comparison

*Exhibit 31: Geographic comparison

**7.3 North America - Market size and forecast 2021-2026

*Exhibit 32: North America - Market size and forecast 2021-2026 ($ million)

*Exhibit 33: North America - Year-over-year growth 2021-2026 (%)

**7.4 Europe - Market size and forecast 2021-2026

*Exhibit 34: Europe - Market size and forecast 2021-2026 ($ million)

*Exhibit 35: Europe - Year-over-year growth 2021-2026 (%)

**7.5 Asia - Market size and forecast 2021-2026

*Exhibit 36: Asia - Market size and forecast 2021-2026 ($ million)

*Exhibit 37: Asia - Year-over-year growth 2021-2026 (%)

**7.6 ROW - Market size and forecast 2021-2026

*Exhibit 38: ROW - Market size and forecast 2021-2026 ($ million)

*Exhibit 39: ROW - Year-over-year growth 2021-2026 (%)

**7.7 Key leading countries

*Exhibit 40: Key leading countries

**7.8 Market opportunity by geography

*Exhibit 41: Market opportunity by geography ($ million)

***8. Drivers, Challenges, and Trends

**8.1 Market drivers

*8.1.1 Rise in number of people with eye disorders

*8.1.2 Rise in awareness among the people about the eye-related disorders

*8.1.3 Initiatives to create awareness regarding vision care

**8.2 Market challenges

*8.2.1 High costs associated with eye surgery

*8.2.2 Procedural risk associated with LASIK surgery

*8.2.3 Lack of skilled and trained surgeons

*Exhibit 42: Impact of drivers and challenges

**8.3 Market trends

*8.3.1 Increase in diabetic population

*8.3.2 Innovation leading to product advances

*8.3.3 Launch of new products

***9. Vendor Landscape

**9.1 Overview

*Exhibit 43: Vendor landscape

**9.2 Landscape disruption

*Exhibit 44: Landscape disruption

*Exhibit 45: Industry risks

***10. Vendor Analysis

**10.1 Vendors covered

*Exhibit 46: Vendors covered

**10.2 Market positioning of vendors

*Exhibit 47: Market positioning of vendors

**10.3 Carl Zeiss AG

*Exhibit 48: Carl Zeiss AG - Overview

*Exhibit 49: Carl Zeiss AG - Business segments

*Exhibit 50: Carl Zeiss AG-Key news

*Exhibit 51: Carl Zeiss AG - Key offerings

*Exhibit 52: Carl Zeiss AG - Segment focus

**10.4 EssilorLuxottica

*Exhibit 53: EssilorLuxottica - Overview

*Exhibit 54: EssilorLuxottica - Business segments

*Exhibit 55: EssilorLuxottica - Key offerings

*Exhibit 56: EssilorLuxottica - Segment focus

**10.5 Johnson and Johnson Inc.

*Exhibit 57: Johnson and Johnson Inc. - Overview

*Exhibit 58: Johnson and Johnson Inc. - Business segments

*Exhibit 59: Johnson and Johnson Inc. - Key offerings

*Exhibit 60: Johnson and Johnson Inc. - Segment focus

**10.6 Luneau Technology Group

*Exhibit 61: Luneau Technology Group - Overview

*Exhibit 62: Luneau Technology Group - Product and service

*Exhibit 63: Luneau Technology Group - Key offerings

**10.7 Marco Ophthalmic Inc.

*Exhibit 64: Marco Ophthalmic Inc. - Overview

*Exhibit 65: Marco Ophthalmic Inc. - Product and service

*Exhibit 66: Marco Ophthalmic Inc. - Key offerings

*10.8 NIDEK Co. Ltd.

*Exhibit 67: NIDEK Co. Ltd. - Overview

*Exhibit 68: NIDEK Co. Ltd. - Business segments

*Exhibit 69: NIDEK Co. Ltd. - Key offerings

*Exhibit 70: NIDEK Co. Ltd. - Segment focus

**10.9 Novartis AG

*Exhibit 71: Novartis AG - Overview

*Exhibit 72: Novartis AG - Business segments

*Exhibit 73: Novartis AG - Key offerings

*Exhibit 74: Novartis AG - Segment focus

**10.10 Optikon 2000 SpA

*Exhibit 75: Optikon 2000 SpA - Overview

*Exhibit 76: Optikon 2000 SpA - Product and service

*Exhibit 77: Optikon 2000 SpA - Key offerings

**10.11 SCHWIND eye-tech-solutions GmbH

*Exhibit 78: SCHWIND eye-tech-solutions GmbH - Overview

*Exhibit 79: SCHWIND eye-tech-solutions GmbH - Product and service

*Exhibit 80: SCHWIND eye-tech-solutions GmbH - Key offerings

**10.12 Tracey Technologies

*Exhibit 81: Tracey Technologies - Overview

*Exhibit 82: Tracey Technologies - Product and service

*Exhibit 83: Tracey Technologies - Key offerings

***11. Appendix

**11.1 Scope of the report

*11.1.1 ????Market definition

*11.1.2 Objective

*11.1.3 Notes and caveats

**11.2 Currency conversion rates for US$

*Exhibit 84: Currency conversion rates for US$

**11.3 Research Methodology

*Exhibit 85: Research Methodology

*Exhibit 86: Validation techniques employed for market sizing

*Exhibit 87: Information sources

**11.4 List of abbreviations

*Exhibit 88: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

Purchase Report

PURCHASE FULL REPORT OF

wavefront aberrometer market

Buy Report - Single User License 2500 USD

QUICK BUY

Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

Why should you prefer Technavio's market insights report?

Off-the-shelf research reports
Reports can be tailored to meet the customer's needs
Trusted by more than 100 fortune 500 organizations
Information about the market's key drivers, trends, and challenges
Parent market analysis
Every week, 50,000 people visit our subscription platform
Detailed vendors report with competitive landscape
Covid-19 impact and recovery analysis
Data on revenue-generating market segments
Details on the market shares of various regions
Five-force market analysis