Growing prevalence of diabetes will favor the global optical lens edger market growth between 2019 and 2026. According to projections made by the International Diabetes Federation, in 2017, around 425 million adults were affected by diabetes and by 2045, this number will rise to 629 million. The WHO states that diabetes is the leading cause of eye-related disorders such as diabetic retinopathy, which progressively damages the patient’s retinal blood vessels. The Centers for Disease Control and Prevention (CDC) that more than 4 million Americans have diabetic retinopathy and about 40% of them are in danger of losing their eyesight. Increasing incidence rate of diabetes and related diseases will spike the demand for optical lens edger, expanding the global optical lens edger market size.
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Key Players Operating in The Optical Lens Edger Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Coburn Technologies, Inc.
- Dia Optical Co.
- Nidek Co Ltd.
- MEI System
- Topcon Corporation
- Luneau Technology Group
- INNOVA Medical
Optical Lens Edger Market Segmentation:
- Manual Optical Lens Edger
- Automatic Optical Lens Edger
- Semi-Automatic Lens Edger
- Eyeglass lens
- Camera lens
- Microscope lens
By End User
- Eye Health Center
- Research Institutes
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Reasons to Purchase this Report:
- Comprehensive analysis of the Optical Lens Edger Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
KEY QUESTIONS ANSWERED:
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the market for selective countries?
- Which region or sub-segment is expected to drive the market in the forecast period?
- What Factors are estimated to drive and restrain the Optical Lens Edger Market growth?
- What are the key technological and market trends shaping the market?
- What are the key opportunities in the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?