SEATTLE, May 12, 2021, (MEDGADGET) — Global Spot Vision Screener Market analysis
Impact of COVID-19 epidemic
The spread of the novel coronavirus has stifled the healthcare industry’s expansion. Chinese health officials confirmed a cluster of pneumonia cases in Wuhan City, China, in December 2019. COVID-19, a novel coronavirus, was reported as the cause of pneumonia. This virus spread quickly across the world, resulting in an alarming number of deaths. The World Health Organization (WHO) declared COVID-19 a global pandemic in March 2020, urging that strict steps be taken to prevent the disease’s spread. The pandemic has hindered the growth of the healthcare industry and thrown the supply chain into disarray.
Furthermore, governments in a number of countries have imposed national lockdowns in order to halt the spread of COVID-19.Similarly, healthcare organizations in different countries around the world are having trouble managing supply chain operations. The global spot vision screener market’s growth has been hampered by a downturn in healthcare companies’ supply chains.
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In 2020, the global spot vision screener market is projected to be worth US$ 193.9 million, growing at a CAGR of 5.2% over the forecast period (2020-2027).
Drivers
Growing importance and awareness of vision screening in society is expected to drive growth in the global spot vision screener market. Various eye test programs conducted at schools, colleges, organizations, and charity hospitals. As a result of these eye testing schemes, demand for vision screening is expected to increase, propelling the global spot vision screener market forward. For instance, in 2019, the Smiths Grove Lions Club, a non-profit organization located in the U. S., held a vision screening programs for students at North Warren Elementary School in the United States.
Likewise, the creation of new organizations such as Lions KidSight USA (founded -2014), a group in the U.S. that assists in the screening of children’s eyes.
This company provides eye screening services to students in collaboration with Plusoptix Inc., a vision screener manufacturer. The growth of organizations such as- these, which seek to diagnose eye problems in students, is expected to boost growth of the global spot vision screener market over the forecast period.
Moreover, governments concentrating on the advancement of spot vision screener technology are expected to boost demand of the global spot vision screener market during the forecast period.
The American Academy of Ophthalmology and the American Academy of Optometry, for instance, revised their vision screening policy statements in 2015 to include a recommendation for children aged 1 to 3 years to use photo-screening.
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Restraints
The high cost of devices is expected to stifle growth of the global spot vision screener market.
Healthcare providers are unable to afford spot vision screener equipment, which has a negative effect on the global spot vision screener market’s growth.
Furthermore, in low and middle income countries, inadequate access to eye care facilities and the limitation of current treatment modalities to primary care practitioners are some of the factors leading to the lack of availability of spot vision screeners. The key obstacles to eye care in Nigeria, according to the University of Calabar, are the high cost of diagnosis and treatment, a shortage of qualified practitioners, and a lack of public knowledge about eye care.
Market Taxonomy
- According to End User: Specialty Centers, Hospitals, Others.
- According to Indication: Astigmatism, Myopia, Strabismus, Hyperopia, Anisometropia, and Anisocoria.
Opportunities
Introduction of school collaboration developments creates substantial growth opportunities for major manufacturers all over the world. Partnerships with the eye care community and schools are common in the U.S., and they help businesses build long-term customer bases. Manufacturers may follow this strategy in various emerging economies such as India, China, and other African and Asian nations.
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Regional Analysis
Due to growing adoption of vision screening for eye diseases, the global spot vision screener market is expected to develop significantly in North America. According to 2019 figures from the Centers for Disease Control and Prevention (CDC), around 15% of all preschool children in the U.S. undergo an eye test, and less than 22% of preschool children receive any form of vision screening. According to the American Optometric Association, vision accounts for 80% of a child’s learning, so early detection of vision issues is crucial.
Due to growing geriatric population and the increasing use of computers and mobile screens, the global spot vision screener market in Europe is expected to expand. According to a 2018 report published by the National Center for Biotechnology Information (NCBI), 68% of children in Europe use a computer on a daily basis by the age of three, and 54% participate in online activities. According to the same article, adults in the U.K. spent about 4 hours 45 minutes a day using digital media in 2016.
Competitive Landscape
Major companies contributing in the global spot vision screener market are Adaptica S.r.l., FIM Medical, Hillrom, Essilor International S.A., Plusoptix Inc., Honeywell International Inc., and OCULUS Surgical, Inc.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Indication Type
- Market Snapshot, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Key Developments
- Impact Analysis
- Mergers & Acquisitions
- New Product Launch
- Technology Overview
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Global Spot Vision Screener Market, by COVID-19 Impact Analysis
- COVID-19 Impact Analysis
- New Developments
- Global Spot Vision Screener Market, By Indication Type, 2016 – 2027, (US$ million)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Myopia
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Hyperopia
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Astigmatism
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Anisometropia
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Strabismus
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Anisocoria
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Introduction
- Global Spot Vision Screener Market, By End User, 2016 – 2027, (US$ million)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Speciality Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
- Introduction
- Global Spot Vision Screener Market, By Region, 2016– 2027, (US$ Million)
- Introduction
- Market Share Analysis, By Indication, 2020 and 2027 (%)
- Market Share Analysis, By End User, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, By Region, 2017 – 2027
- Regional Trends
- North America
- Market Share Analysis, By Indication, 2020 and 2027 (%)
- Market Share Analysis, By End User, 2020 and 2027 (%)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
- U.S.
- Canada
- Europe
- Market Share Analysis, By Indication, 2020 and 2027 (%)
- Market Share Analysis, By End User, 2020 and 2027 (%)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Indication, 2020 and 2027 (%)
- Market Share Analysis, By End User, 2020 and 2027 (%)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
- China
- Japan
- India
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Share Analysis, By Indication, 2020 and 2027 (%)
- Market Share Analysis, By End User, 2020 and 2027 (%)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Africa
- Market Share Analysis, By Indication, 2020 and 2027 (%)
- Market Share Analysis, By End User, 2020 and 2027 (%)
- Market Size and Forecast, By Country/Region, 2016 – 2027, (US$ Million)
- North Africa
- Central Africa
- South Africa
- Middle East
- Market Share Analysis, By Indication, 2020 and 2027 (%)
- Market Share Analysis, By End User, 2020 and 2027 (%)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
- GCC
- Israel
- Rest of Middle East
- Introduction
- Competitive Landscape
- Company Profiles
- Section
- References
- Research Methodology
- About us and Sales Contact
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