Optometry Equipment Market Size, Share, Growth Analysis, By Type(Diagnostic Equipment, Vision Care Equipment and Surgical Equipment.), By Application(Refractive Error Correction, Cataract Diagnosis and Surgery, Glaucoma Diagnosis and Management and Retinal Disorders.), By End - use(Hospitals, Optometry Clinics, Ambulatory Surgical Centers (ASCs) and Optical Centers.), By Region - Industry Forecast 2024-2031

Optometry Equipment Market size was valued at USD 4.04 billion in 2022 and is poised to grow from USD 4.29 billion in 2023 to USD 6.96 billion by 2031, growing at a CAGR of 6.23% in the forecast period (2024-2031).

The global optometry equipment market is experiencing steady growth, driven by various factors such as the rising prevalence of eye disorders, increasing awareness about eye care, technological advancements in optometry equipment, and a growing ageing population. With the rising adoption of digital devices, prolonged screen time, and lifestyle changes, the incidence of conditions like myopia, hyperopia, astigmatism, and age-related macular degeneration is on the rise. This has led to a greater demand for optometry equipment that can accurately diagnose and manage these conditions. Moreover, there is a growing awareness among individuals about the importance of regular eye check-ups and early detection of eye disorders. This awareness is driving the demand for optometry equipment, as more people are seeking professional eye care services. Additionally, governments and healthcare organisations across the globe are actively promoting eye health and conducting awareness campaigns, further fueling the market growth.

US Optometry Equipment Market is poised to grow at a sustainable CAGR for the next forecast year.