NEW YORK , Feb. 24, 2022 /PRNewswire/ -- 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. 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 are some of the major market participants. The wavefront aberrometer market is set to grow by USD 141.85 million between 2021 and 2026, and register a CAGR of 5.86%, according to Technavio's latest market research report estimates.
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Wavefront Aberrometer Market 2022-2026: Scope
The report covers the following areas:
- Wavefront Aberrometer Market size
- Wavefront Aberrometer Market trends
- Wavefront Aberrometer Market industry analysis
Wavefront Aberrometer Market 2022-2026: Drivers & Challenges
The rise in the number of people with eye disorders, rise in awareness among people about eye-related disorders & initiatives to create awareness regarding vision care will offer immense growth opportunities. However, factors such as high costs associated with eye surgery may threaten the growth of the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Wavefront Aberrometer Market 2022-2026: Segmentation
- Type
- Electronic
- Ordinary
- Geography
- North America
- Europe
- Asia
- ROW
Wavefront Aberrometer Market 2022-2026: Region & Revenue Generating Segment
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.
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. Technavio 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 each segment.
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Wavefront Aberrometer Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist wavefront aberrometer market growth during the next five years
- Estimation of the wavefront aberrometer market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the wavefront aberrometer market
- 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
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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 |
USD 141.85 million |
Market structure |
Fragmented |
YoY growth (%) |
5.68 |
Performing market contribution |
North America at 50% |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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 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. |
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Table of Content
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2021
- Market outlook: Forecast for 2021 - 2026
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Electronic - Market size and forecast 2021-2026
- Ordinary - Market size and forecast 2021-2026
- Market opportunity by Type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2021-2026
- Europe - Market size and forecast 2021-2026
- Asia - Market size and forecast 2021-2026
- ROW - Market size and forecast 2021-2026
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 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
- Tracey Technologies
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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