Phoropter Market Analysis
Based on product type, the market is bifurcated into manual and automated. The automated segment held the market size of USD 100.3 million in 2023.
- Automated phoropters offer faster and more efficient refraction testing compared to manual phoropters. They streamline the examination process, allowing eye care professionals to see more patients in a shorter time.
- Moreover, they are operated using computerized systems, allowing for precise adjustments with the push of a button. They often integrate with electronic health records (EHR) systems, making it easier to record and store patient data.
- They offer a wide range of test options, including visual acuity, binocular vision testing, astigmatism evaluation, and allow for customized settings based on individual patient needs.
- Thus, automated phoropters are expected to maintain their dominance in the market, meeting the demands of modern eye care practices and patients alike.
Based on end-use, the phoropter market is segmented into hospitals, specialty clinics, optical shops, and other end-users. The specialty clinics segment is expected reach a market size of USD 81.4 million by 2032.
- Specialty clinics, such as ophthalmology and optometry clinics, focus solely on eye care. They offer a wide range of eye care services, including refraction testing, vision correction, and treatment of eye disorders.
- Patients visiting these clinics have specific eye care needs, driving the need for efficient and accurate diagnosis and treatment. The high volume of patients in specialty clinics necessitates phoropters that can handle a large number of examinations.
- Patients seek specialty clinics for their specialized expertise and reputation in eye care. Phoropters are trusted instruments in these clinics, enhancing patient confidence in the accuracy of their prescriptions.
- Further, phoropters are essential tools in these specialized settings, providing accurate and detailed assessments that contribute to effective treatment plans and improved patient outcomes, thereby driving the market’s growth.
North America phoropter market accounted for USD 57.1 million revenue in 2023 and is predicted to witness substantial market growth.
- The significant market share is correlated to a highly advanced healthcare infrastructure. The region has a high number of eye care facilities, including specialty clinics, providing easy access to vision care services.
- North America has been experiencing a significant rise in myopia, especially among children and young adults. With a large aging population there is a higher prevalence of age-related eye conditions like presbyopia and cataracts.
- Further, the region is a hub for technological innovation, including advancements in medical devices and diagnostic tools like phoropters.