Automated Visual Field Analyzer Market Size, Share & Trends Analysis Report By Product (Static, Kinetic), By End Use (Hospitals, Ophthalmic Clinics)- Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2021-2027

The global Automated Visual Field Analyzer market gathered revenue around USD 150 Million in 2020 and market is set to grow USD 290 Million by the end of 2027 and is estimated to expand at a modest CAGR of 7% during the prediction period 2021 to 2027.

Growth Factors:

The growing frequency of new product launches and the rise in the incidence of ocular diseases such as glaucoma and cataract are key drivers to market growth.

The global impact of COVID-19 on eye health, along with population aging, and environmental and lifestyle changes are the factors expected to result in a substantial increase in the number of individuals suffering from visual impairment and blindness. At least 2.2 billion individuals worldwide have a near or far vision impairment.

Technological advancements in automated visual field analyzers have significantly reduced turnaround time and increased accuracy in visual field testing. One of the major such advances has been the introduction of new software algorithms. Some of the key reasons anticipated to drive the growth of the market include an increase in the frequency of new product launches. Novel tests of visual function are being developed as a result of recent technological advancements. Diagnostic testing using portable, low-cost equipment now enables the examination of patient populations with limited access to health care and permits testing to occur outside of the clinical environment or at home.

Many public and private organizations are taking steps to raise awareness about eye health and vision care among the general public, optometrists, and ophthalmologists for the diagnosis and treatment of ophthalmic diseases, such as conducting awareness and advertising campaigns and workshops. Additionally, several suppliers provide ophthalmologists and technician’s hands-on training in visual field analyzers through courses, tutorials, and workshops. Such activities assist to raise knowledge about ocular illnesses and accessible diagnostic equipment, such as ophthalmic perimeters, which will drive the market.

This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Automated Visual Field Analyzer market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Automated Visual Field Analyzer market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.

Report Coverage

COVID-19 Impact Assessment on Market Landscape

The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.

Automated Visual Field Analyzer market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.

Regional analysis:

North America dominated the automated visual field analyzer market and accounted for the largest revenue share of around 47.0% in 2020. This can be attributable to the presence of many market players in the region and an increase in the prevalence of ophthalmic diseases. High adoption of latest technologies and favorable reimbursement policies are the factors driving the market for automated visual field analyzers.

In Asia Pacific, the market for automated visual field analyzers is expected to show the fastest growth rate during the forecast period. Fast developing economies coupled with modernizing healthcare services in Southeast Asian countries are expected to drive the market in the region. The overall healthcare services charges in the region are significantly lower as compared to the developed countries. This is encouraging the growth of medical tourism in the region. Thus, boosting the overall procedural volume in these countries. Furthermore, conferences, trade fairs, and seminars for ophthalmic care devices held in Asia Pacific are assisting local businesses in gaining international recognition. This aids in researching the development and launch of advanced solutions in the field of ophthalmology.

Competitive Rivalry

Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

• Company Overview
• Company Market Share/Positioning Analysis
• Product Offerings
• Financial Performance
• Recent Initiatives
• Key Strategies Adopted by Players
• Vendor Landscape
• List of Suppliers
• List of Buyers

Some of the prominent players in the Automated Visual Field Analyzer Market include:  Carl Zeiss; Haag-Streit AG; Elektron Eye Technology; Heidelberg Engineering; Kowa Company, Ltd.; Optopol; OCULUS ; Metrovision; MEDA Co., Ltd.; Topcon

Unravelling the Critical Segments

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:

• By Product

• Static
• Kinetic
• By End-use
• Hospitals
• Ophthalmic Clinics
• Others

By Geography

North America

• U.S.
• Canada

Europe

• Germany
• France
• United Kingdom
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Southeast Asia
• Rest of Asia Pacific

Latin America

• Brazil
• Rest of Latin America

Middle East & Africa (MEA)

• GCC
• North Africa
• South Africa
• Rest of Middle East & Africa

Highlights of the Report:

• Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
• Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
• Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
• Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market

Research Methodology

In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Automated Visual Field Analyzer market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.

Secondary resources referred to by analysts during the production of the Automated Visual Field Analyzer market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.

Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Automated Visual Field Analyzer markets more accurate and reliable.

Secondary Research

It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.

The secondary research sources referred in the process are as follows:

• Governmental bodies, and organizations creating economic policies
• National and international social welfare institutions
• Company websites, financial reports and SEC filings, broker and investor reports
• Related patent and regulatory databases
• Statistical databases and market reports
• Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to face interviews, online surveys, and telephonic interviews.

• Means of primary research: Email interactions, telephonic discussions and Questionnaire based research etc.
• In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Industry participants involved in this research study include:

• CEOs, VPs, market intelligence managers
• Procuring and national sales managers technical personnel, distributors and resellers
• Research analysts and key opinion leaders from various domains

Key Points Covered in Automated Visual Field Analyzer market Study:

• Growth of Automated Visual Field Analyzer in 2021
• Market Estimates and Forecasts (2017-2027)
•  Brand Share and Market Share Analysis
•  Key Drivers and Restraints Shaping Market Growth
•  Segment-wise, Country-wise, and Region-wise Analysis
•  Competition Mapping and Benchmarking
•  Recommendation on Key Winning Strategies
•  COVID-19 Impact on Demand for Automated Visual Field Analyzer and How to Navigate
•  Key Product Innovations and Regulatory Climate
•  Automated Visual Field Analyzer Consumption Analysis
•  Automated Visual Field Analyzer Production Analysis
•  Automated Visual Field Analyzer and Management