Visual Field Analyzer Market Size & Analysis - Forecasts To 2025 By Type (Electronic, Mechanical), By Application (Hospitals & Clinics, Homecare, Ambulatory Care Center) By Region (North America, Europe, Asia Pacific, CSA, MEA); End-use Landscape, Vendor Landscape, Company Market Share & Competitor Analysis - Global Market Estimates
Visual Field Analyzer: Market Insights
The visual field analyzer market is projected to grow at a high CAGR over the forecast period. Visual field analyzers are used to assess light sensitivity to the retina and checks for peripheral vision loss. Visual field analyzers have received extensive traction in stroke, brain injury, and glaucoma patients. People affected with glaucoma are projected to increase from 60.5 million people in 2010 to 79.6 million people by 2020. Visual field analyzer can conduct tests within twenty minutes and therefore is convenient and easy to use.
Visual Field Analyzer Market: Type Insights
On the basis of type, the market is segmented into electrical and mechanical. Factors such as patient preference, sensitivity, and machine efficiency are critical in order to determine the choice of visual field analyzer. The mechanical visual field analyzer is estimated to occupy a large share in the market as it takes less time and is preferred by patients. However, both the equipments are considered efficient.
Visual Field Analyzer Market: Application Insights
On the basis of application, the market is segmented into hospitals & clinics, home care, and ambulatory care center. Hospitals & clinics are anticipated to occupy to occupy the largest share of the market. Increasing investments in improving healthcare infrastructure and medical technology is projected to positively impact market growth over the coming years. Homecare centers are also anticipated to grow at a high CAGR over the coming years.
Visual Field Analyzer Market: Regional Insights
The North American region held the largest share in the market in 2017. High healthcare spending coupled with increasing investment in ensuring that hospitals are equipped with efficient equipment are projected to augment market growth in countries such as the U.S. and Canada. Europe is also anticipated to occupy a large share of the market as it ensures a high level of public health protection. Favorable policies concerning investments in research & development activities in Europe are anticipated to keep the market competitive.
The Asia Pacific is also anticipated to register high growth of visual field analyzers on account of its high geriatric population and increasing number of people with glaucoma. Research studies conducted on people affected with ACG and OAG suggests that glaucoma cases are projected to reach 79.6 million by 2020. Among this, Asians 87% of those with angle closure glaucoma and 47% of those with glaucoma.
Visual Field Analyzer Market: End-Use Landscape
The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to prescribe visual field analyzer over the coming years. some leading prescribers of this market are Bascom Palmer Eye Institute-University, Wills Eye Hospital, Wilmer Eye Institute, Massachusetts General Hospital, and Duke University Hospital among others.
Visual Field Analyzer Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Visual Field Analyzer Market Share & Competitor Analysis
Key players in the visual field analyzer market are OCULUS, Carl Zeiss, Chongqing Vision Star Optical, Topcon Corporation, Haag-Streit AG, Coburn Technologies, Ceeable, Inc., and CenterVue SpA among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In March 2018, Coburn Technologies launched two products SK-650A Retinal Camera and SK-850A Visual Field Analyzer. Some of the key features of the SK-850A Visual Field Analyzer are auto-gaze tracking, ease of use, and auto-calibration.
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The global Visual Field Analyzer market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Visual Field Analyzer market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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