Global Phoropter market will reach 180 million US$ by the end of 2025

Global Phoropter market will reach 180 million US$ by the end of 2025 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH

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• 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 individual's 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.

QYR

• 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, more-intense competition, launches in introducing new products, increasing of spending on health and personal care,increasing adoption of phoropter will drive growth in China markets. • Globally, the Phoropter industry market is high concentrated as the manufacturing technology of Phoropter is relatively independent than some low-tech equipment. And some enterprises, like Topcon, Nidek and Reichert, etc. are well-known for the wonderful performance of their Phoropter and related services.

QYR

• 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.

QYR

The global Phoropter market is valued at 140 million US$ in 2017 and will reach 180 million US$ by the end of 2025, growing at a CAGR of 2.8% during 2018-2025.

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