Global Optical Lens Edger Market Forecast: Projections for Growth and Expansion

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The increasing prevalence of eye-related disorders and the rising adoption of lenses worldwide, growing number of vision correction patients which are the major factors augmenting the growth of the global optical lens edger market.

According to a new report published by K D Market Insights, titled, “Optical Lens Edger Market Insights, Trends, Opportunity & Forecast, 2023–2032,” the global optical lens edger market size is anticipated to witness moderate growth during the forecast period i.e., 2023-2032. The increasing prevalence of eye-related disorders and the rising adoption of lenses worldwide, growing number of vision correction patients which are the major factors augmenting the growth of the global optical lens edger market.

As the number of individuals requiring vision correction continues to rise, there is a growing need for efficient and accurate lens edging solutions to cater to their specific needs which is further expected to create ample growth opportunities for the global optical lens edger market during the forecast period i.e., 2023-2032. Moreover, the increasing geriatric population has propelled market expansion. Technological advancements in optical lens edger systems have revolutionized the market, is expected to contribute towards the market growth during the period.

The North America region accounted for the largest share in the global optical lens edger market in 2022. The region is further projected to continue dominating in the market and also register the highest CAGR in the market during the forecast period. This can be attributed to the higher adoption of lenses and spectacles, high adoption of advanced eyewear and the presence of leading manufacturers and suppliers.

According to product type, the automatic optical lens edgers segment accounted for the largest market share in the optical lens edger market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.

The global optical lens edger market is segmented into product type, application, end user and region. Based on product type, the market is bifurcated into manual optical lens edger, automatic optical lens edger, semi-automatic lens edger. Based on application, it is classified into eyeglass lens, camera lens, microscope lens. Based on end user, it is classified into hospitals, eye health center, research institutes, others.

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The global optical lens edger market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).

Key Insights of Optical lens edger Market

  • On the basis of product type, the automatic optical lens edgers segment accounted for the largest market share in the optical lens edger market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.
  • On the basis of region, North America accounted for the largest share in the global optical lens edger market in 2022. The region is further projected to continue dominating in the market during the forecast period.
  • On the basis of region, Asia-Pacific is estimated to account for the second largest share in the market during the forecast period.

Some of the major optical lens edger companies profiled in the report include Nidek Co Ltd, Luneau Technology Group, Essilor, Huvitz Corp, MEI System, INNOVA Medical, Coburn Technologies, Inc., Topcon Corporation, Dia Optical Co, Santinelli International, Shanghai Supore Instruments Co. Ltd., Visslo, and Nanjing Laite Optical.

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