Optometry Market

Optometry Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2016 -
2023
Transparency Market Research Reports incorporated a definite business overview and
investigation inclines on "Optometry Market". This report likewise incorporates more
illumination about fundamental review of the business including definitions, requisitions and
worldwide business sector industry structure.
Optometry is concerned with ocular health and correction of eye problems such as vision and
visual systems that can hinder the vision capacity in humans. Optometrists carry out general eye
exams and prescribe lenses or glasses to improve vision or any other visual complications.
Optometrists treat individuals who have acquired eye diseases due to various medical conditions
such as oral medications (antibiotics, steroids etc.), injectable medications and topical
medications (eye drops to treat red eye or glaucoma). They are licensed to diagnose and treat
various eye diseases through topical diagnostics and therapeutic drugs. Optometrists are also
trained in surgical procedures such as removal of foreign particle from the eye, corneal injury,
and eyelid and lacrimal disease.
In a few countries, patients requiring eye surgery are sometimes referred to other medical
practitioners such as ophthalmologists and neurologists for further treatment. The scope of
practice in optometry is regulated differently in each country and state. For instance, in
Oklahoma, the optometrists are allowed to perform surgery limited only to the anterior segment
of the eyes. On the other hand, in Kentucky, optometrists are allowed to perform a large number
of laser procedures.
In the optometry industry, the demand is totally governed by changing healthcare practices, eye
wear fashion trends and demographics. The wide usage of contact lenses and glasses due to
various eye disorders is on the rise which is driving the growth of the optometry market. Contact
lenses have few unique features such as accuracy and efficiency which is attracting the end users,
thereby fueling the growth of the market. Furthermore, the increasing risk of developing various
eye disorders such as cataract, glaucoma and refractive errors is also affecting the growth of the
global optometry market. On the other hand, low patient compliance would most likely hinder
the growth of the optometry market.
Geographically, the optometry market can be segmented into four major segments: North
America, Europe, Asia Pacific and Rest of the World (Row). Of all of these segments, North
America currently boasts the largest share in the optometry market trailed by Europe. The prime
factors which are driving the growth of the market in these regions are increase in the prevalence

of eye disorders, rapidly increasing awareness programs by the government on technologically
advanced therapies available for the treatment of eye problems, and increase in the adoption of
ophthalmic drugs and devices.
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According to Prevent Blindness America, vision problems due to diabetic retinopathy are on the
rise presently. Asia Pacific is the most promising market for the growth of optometry market due
to various developing and emerging economies. The factors that will help bring about the growth
of the market in Asia Pacific are an increase in the geriatric population with a nu mber of eye
disorders, various recent developments and advancements in the field of optometry and
constantly changing lifestyle of the population in developing regions. Furthermore, easy market
penetration in countries such as China, Malaysia, Brazil and India; and increasing disposable
incomes of the people would boost the growth of optometry market in the near future.
Currently, the market for optometry is fragmented with many players developing technologically
advanced treatment and therapies. Some of the top companies operating in optometry market are
Johnson and Johnson Vision Care, Inc., Allergan, Inc., Bausch and Lomb, Inc., F. Hoffmann-La
Roche Ltd., Carl Zeiss, Inc., Hoya Corp and others.
The research report presents a comprehensive assessment of the market and contains thoughtful
insights, facts, historical data, and statistically supported and industry-validated market data. It
also contains projections using a suitable set of assumptions and methodologies. The research
report provides analysis and information according to categories such as market segments,
geographies, types and applications.
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