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DUBLIN--(BUSINESS WIRE)--Apr 8, 2022--
The "Optical Lens Edger Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.
The Optical Lens Edger market is projected to grow with a CAGR of nearly 5.6% over the forecast period.
The major factor attributing to the growth of the market is the rising prevalence of vision impairment and the increasing geriatric population.
Automatic Optical Lens Edger segment to dominate the optical lens edger market globally
The design and construction of optical lens edging machines are pretty increasingly simplified, as greater efficiency is reached through automation in their operations. This permits less manual interference, making the edging process speedy. The machines include an incorporated 3-D drilling unit with the regulator by a 5-axis mechanism. This type of unit offers high-quality beveling and grooving performance to deliver a striking edge surface.
The major driving factors that boost the market growth of the segment are the increasing vision impairment patient pool and increasing demand of the edgers in photography and Ophthalmology industries.
North America Dominates the Market and Expected to do Same in the Forecast Period
North America is expected to dominate the overall optical lens edger market, throughout the forecast period. The largest share is mainly due to the presence of a larger patient pool and increases in a geriatric population.
Furthermore, well-established insurance policies and the availability of advanced healthcare infrastructure are few of the other factors boosting the market in this region. In the North America region, the United States holds the largest market share due to the factors such as the increasing number of geriatric populations, along with a growing number of patient pool in the country. According to the National Federation of the Blind, 7,675,600 people in the United States are vision impaired. According to the statistics, a large number of patients boost the market in this region.
4.2.1 Increasing demand for optical edgers by opthalmology and camera industries
4.2.2 High prevalence of patients with vision impairment
4.3.1 Declining rate of product improvement
4.3.2 Increasing use of contact lens
4.4.2 Bargaining Power of Buyers/Consumers
5.3.4.3 Rest of Middle-East and Africa
6.1.8 Shanghai Supore Instruments Co. Ltd.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/iz5dy2
View source version on businesswire.com:https://www.businesswire.com/news/home/20220408005513/en/
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