Pune, India, Feb. 15, 2021 (GLOBE NEWSWIRE) -- The Global Slit Lamps Market is likely to gain momentum from the rising incidence of eye diseases, namely, glaucoma and cataracts. According to an upcoming report by Fortune Business Insights, titled, “Slit Lamps Market Size, Share and Global Trend by Lamp (Handheld Slit Lamps, Table Mounted Slit Lamps), By Technology (Analog Slit Lamps, Digital Slit Lamps), By End User (Hospitals & Clinics, Ophthalmic Care Institutions & Optometrist Offices, Diagnostic Centers, Others), and Geography Forecast till 2026.”
The ongoing technological advancements and rising geriatric population across the world are anticipated to boost the global slip lamps market growth during the forthcoming years.
Additionally, several renowned market players have begun investing huge sums in research and development activities. Governments of numerous countries around the globe are also conducting awareness programs regarding eye health. There has also been a rise in the demand for regular eye examinations to prevent serious disorders.
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The rising prevalence of diabetes is also giving rise to eye diseases. The American Academy of Ophthalmology (AAO) declared that more than 24.4 million individuals in the U.S. develop cataracts by the age of 40 and approximately half of the population in America develop the disease by the age of 75. All the above factors are projected to fuel the global slit lamps market in the coming years.
Prominent Market Players Aim to Increase Sales by Expanding Product Lines
NIDEK CO., LTD, an eye and health care company, based in Japan, announced that it launched the SL-2000 Slit Lamp in May 2017. The lamp offers a clear and crisp view of the ocular tissue in natural color. The optical design of this lamp supports the optimization of contrast and resolution to view even the exquisite details in ocular tissues. It also provides a better observation of the peripheral fundus with an increased depth of focus. Topcon Corporation, a manufacturer of optical equipment, based in Japan, announced that it launched its new clinical slit lamp called SL-D301 Slit Lamp in February 2017.
Increasing Government Awareness Campaigns Regarding Eye Diseases to Favor Growth in Asia Pacific
The global slit lamps market is geographically divided into Asia Pacific, the Middle East and Africa, North America, Europe, and Latin America. Amongst these regions, North America currently possesses the largest global slit lamps market share. This growth is attributed to increasing healthcare expenditure and rising incidence of diabetic retinopathy and cataracts.
Also, the demand for preventive healthcare is increasing day by day. Combined with this, greater access and early adoption of technologically advanced medical technologies as well as esteemed healthcare infrastructure are expected to propel the market in this region. The Asia Pacific, on the other hand, is considered to be one of the fastest-growing markets.
Some of the Main Key Players Covered in the Report:
- NIDEK CO.LTD
- ZEISS International
- HAAG-STREIT GROUP
- TOPCON CORPORATION
- Optovue
- MEDELSIS MEDICAL ELECTRONIC SYSTEMS A.S.
- Marco and Reichert, Inc.
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Key Segmentation:
By Lamp
• Handheld Slit Lamps
• Table Mounted Slit Lamps
By Technology
• Analog Slit Lamps
• Digital Slit Lamps
By End User
• Hospitals & Clinics
• Ophthalmic Care Institutions & Optometrist Offices
• Diagnostic Centers
• Others
By Geography
• North America (USA and Canada)
• Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin America)
• Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
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