On the basis of region, the global pupillometer market is segmented into North America, Asia Pacific, Europe, Latin America, Middle East, and Africa. North America accounted for the largest share in the global pupillometer market, owing increasing investments in healthcare sector in U.S., which in turn is expected to boost growth the pupillometer market. For instance, according to article published in Clinical Review & Education, 2018, the U.S. invested around 17.8% of its gross domestic product on health care in 2016, whereas spending in the other countries ranged from 12.4% (Switzerland) to 9.6% (Australia). Moreover, technological advancements in pupillometer is expanding the product portfolio of pupillometer.
Asia Pacific is projected to witness significant growth over the forecast period, owing to increasing awareness regarding eye disease and increasing prevalence of ophthalmic diseases. For instance, a study published in Delhi Journal of Pathalmology, 2013 revealed that 91 million population is visually impaired in the entire South East Asia region, with almost one third of the global share.
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Pupillometer Market – Competitive Landscape
Major players operating in the global pupillometer market include US Ophthalmic, NeurOptics, Inc., Takagi Ophthalmic Instruments, Essilor, Veatch ophthalmic Instruments, Luneau Technology, Good-Lite Co., and AMETEK GmbH. Companies are focused towards adopting market strategies such as launch of new innovative products, mergers, collaborations and acquisition to hold their position in the market and increase product portfolio. For instance, in 2015, Luneau Technology group that develops and manufactures Visionix wavefront-based refraction and diagnostics instruments with AIT Industries, a distributor of ophthalmic instruments and equipment’s based in Bensenville, Illinois.
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