[171+ Pages Report] According to the report published by Facts and Factors, the global Aberrometer market size was valued at around USD 90 million in 2022 and is predicted to grow around USD 145 million by 2023 with a compound annual growth rate (CAGR) of roughly 7.05% between 2023 and 2030. The report analyses the global Aberrometer market drivers, restraints/challenges, and the impact they have on the demands during the forecast period. In addition, the report explores/analyses emerging opportunities in the Aberrometer market.
An aberrometer is generally used to measure the entire refractive aberrations of the eye. This diagnostic device is majorly utilized at the time of laser eye surgery, in order to gain high accuracy. Right from the cornea to the retina, each and every variation in the eye can be measured using the aberrometer. The device offers complete data including the refractive power and visual performance of the eye. When the light is let to pass through the eye the different distortions that take place help to detect the specific vision errors. It helps diagnose the errors whether in the greater or lower order. The coma and spherical errors are known to trigger comet as well as halos of the light foci. Aberrometer captures the reflected light beam to identify the different vision errors, like hyperopia, astigmatism, and myopia.
The growing presence of eye-related diseases across the globe is projected to completely change the dynamics of the aberrometer market over the forecast period. The increasing number of manufacturers investing in the aberrometer market are found to duple in the next few years. Moreover, the rising awareness regarding illness and diagnostic methods is likely to add to the growth of the aberrometer market during the forecast period. The advancements taking place in the eye surgery planning stages also help augment market development.
Rising government & healthcare sector initiatives to spread awareness of eye-related diseases among the aging population will further enhance the sales of aberrometer. The prevalence of myopia is projected to also have a positive effect on the aberrometer market. However, a lack of skilled professionals, few equipment, and low testing activities is likely to restrain the global aberrometer market growth.
The global aberrometer market is segmented based on type, application, end-user, and region.
On the basis of type, the global aberrometer market is divided into Tscherning Aberrometers, Hartmann-Shack Sensor Devices, Slit Skiacopy, and others. Based on application, the market is fragmented into glaucoma surgery, refractive surgery, cataract surgery, and others. By end-user, the aberrometer market is categorized into hospitals, ambulatory surgical centers, specialty clinics, and others. The hospital segment accounts hold the largest market share due to the provision of endoscopic devices in the hospitals. Furthermore, the advancement taking place in eye disease treatment will help surge the market aberrometer market growth during the forecast period.
Report Attribute |
Details |
Market Size in 2022 |
USD 90 Million |
Projected Market Size in 2030 |
USD 145 Million |
CAGR Growth Rate |
7.05% CAGR |
Base Year |
2022 |
Forecast Years |
2023-2030 |
Key Market Players |
Lumetrics, Essilor, Marco, Voptica, Johnson & Johnson Visioncare, Inc., AMICO GROUP, NIDEK, Carl Zeiss, Hanson Instruments, and Alcon, among others |
Key Segment |
By Type, By Application, By End-User, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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North America accounts to hold the largest market share over the forecast period. The growth is primarily due to the rising funding in the R&D activities, the financial conditions, first-class healthcare facilities, and increasing government initiatives. This region is expected to generate more revenue share in the aberrometer market owing to the high disposable income and changing lifestyle.
Some of the key players leading the global aberrometer market include
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