Vision Screeners Market is anticipated to reach US$ 815.2 Million by 2029, with a CAGR of 5.9%

The global Vision Screeners Market demand is predicted to grow at a CAGR of 5.9% between 2022 and 2029. The increased prevalence of eye diseases is a major factor driving market growth.

Increased government support and funding for vision screening exams in schools and businesses is expected to drive up demand. The rising prevalence of vision impairment in young children underscores the need for more effective vision screeners.

The global vision screeners market is anticipated to cross US$ 815.2 million by the end of 2029, owing to the aforementioned causes.

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While portable or handheld vision screening devices have been sought after over the years, rapid advancements in vision screening software are more expected in the next years as a result of rapid technological penetration. Furthermore, because leading manufacturers are spending heavily in technological advances for vision screeners, table-top variations are expected to witness healthy sales development in the near future. According to the survey, portable or handheld gadgets used during vision screening processes currently account for more than 50% of total sales.

The rising prevalence of visual issues, technological developments, rising healthcare spending, and the rising prevalence of diabetes are some of the important drivers driving the global vision screeners market revenue.

In addition to some of the most common vision impairments, newly emerging issues such as digital eye strain (also known as computer vision syndrome) are increasing the need for effective vision screening tests, particularly among the younger population. According to FMI’s estimate, this will fuel vision screener sales in the future years.

Inadequate Effectiveness of Vision Screening Tests Prevails in Developing Asian Markets

North America and Europe will continue to lead the pack in the global vision screeners market, accounting for a collective value share of more than 60%. In addition to early adoption of modern technology and strong knowledge about vision disorders and the importance of vision screening, the rapid consolidation of healthcare facilities within these regions has been significantly ascribed to market growth in these countries.

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On the other hand, a lack of experienced and trained specialists in the field of vision screening will continue to be a major barrier to vision screening adoption in developing Asian countries. The relative lack of expertise to assess vision screening results professionally and accurately continues to represent substantial hurdles to market expansion in Asia Pacific (APAC).

A significant number of vision screening tests, according to the paper, cannot be completed on children who have reading issues such as hyperopia or astigmatism. As a result, the ineffectiveness of vision screeners continues to have a negative impact on the number of parents choosing for paediatric vision screening tests, which is a significant factor restraining the revenues of the APAC vision screeners market.

Pediatric Vision Screening Emerging as a Prime Focus Area for Innovations

Some of the key players competing in the global vision screeners market landscape include Hill-Rom Holdings, Inc. (Welch Allyn), Essilor International S.A. (Stereo Optical Company Inc.), Adaptica S.r.l., OCULUS Surgical, Inc., Plusoptix Inc., Honeywell International Inc., FIM Medical SAS, SHANGHAI TOP VIEW INDUSTRIAL CO., LTD., Thomson Screening Solutions Ltd., and Keystone View. While a majority of these companies are concentrating in technological upgrades of the current offerings, augmented investments targeting FDA approvals will be an important strategy.

Moreover, multiple longstanding challenges prevailing in children’s vision screening are highly likely to push the scope for innovations, which would help overcome the challenges and extend the efficiency of vision screening – specifically for children. The FMI study reveals how the companies that are manufacturing, supplying, and distributing vision screeners are strategizing on the growing traction in the pediatric patients segment.

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Vision Screeners Market by Category

Product:

• Table-Top Vision Screeners
• Portable/Handheld Vision Screeners
• Vision Screening Software

Technology:

• Digital Vision Screeners
• Computer-Based Vision Screeners

Application:

• Vision Screening Tests
• Color Vision Test
• Binocular Testing
• Others

End Users:

• Hospitals
• Homecare Settings
• Specialized Clinics
• Rehabilitation Centers
• Ambulatory Surgical Centers

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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