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(Medical-NewsWire.com, September 06, 2018 ) Overview:
Eye exam equipment is those which are used for identifying the infections caused in eyes. Optometrists and ophthalmologists perform various eye exams to examine the health of the eye. These range from simple tests using simple eye diagrams or complex eye exams to devices that can visualize small structures in an individual's eyes. The combination of several tests can be performed for a complete evaluation of the eye. The increased emphasis on eye care in people has led to the need for comprehensive eye exams.
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In the year 2018 Global Eye exam equipment market was valued at USD 2.49 Billion, and it is estimated to reach USD 3.36 Billion at growing pace of CAGR of 6.2% by the year 2023 during forecasted period.
Drivers and Restraints:
The widespread presence of various eye diseases, the technological advances of ophthalmic devices, and the increase in public funding in the health sector are the main market drivers for the growth of this market. However lack of skilled professionals who are fully aware of latest eye tests equipments and high costs for the tests are hindering the growth of the market.
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Geographic Segmentation
Based on geography the Global Eye exam Equipment market primarily segmented into Europe, North America, Latin America, Middle East & Africa and North America. North America accounted for the biggest share of the eye exam equipment market in 2016, followed by Europe and Asia Pacific. The developed health care system, convenience and accessibility of technologically advanced eye exam equipment and greater adoption of ophthalmology treatments and surgeries in this region are the foremost factors accountable for the large share of North America in the eye exam equipment market.
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Some of the major companies in Global Eye exam Equipment market are Carl Zeiss, Haag-Streit, Topcon, NIDEK, Heidelberg Engineering, Escalon, Novartis, Valent, Canon and Luneau Technology.
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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Abhishek Shukla
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abhishek@marketdataforecast.com
Source: EmailWire.Com 
Source: EmailWire.com
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