Retinoscopes Market Size & Share - Industry Trend and Forecast 2017 - 2025

Retinoscopes are instruments used by optometrists to examine patients for refractive errors. The principle of retinoscopes is based on objective refraction technique, where the instrument is used by the optometrist to illuminate the cornea and measure the rays reflected by the inner eye. The instrument measures the objective refraction of light rays reflected back and the measure of deviation or refraction enables the optometrist to determine presence of any sort of refractive error. The optometrist has to perform various tests with different lenses used in retinoscopes to get an accurate result of the refraction in a patient’s eyes. Retinoscopy has been followed by optometrists and other eye health practitioners for years, and has been one of the most efficient and effective methods of determining refractive errors.

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The global retinoscopes market has been segmented based on product type, end-user, and region. In terms of product type, the market has been segmented into hand held retinoscopes and table top retinoscopes. The hand held retinoscopes segment dominated the global retinoscopes market in 2016, owing to factors such as ease of handling, growing demand among optometrists and ophthalmologists, and major players along with domestic players offering new products in this segment. Based on end-user, the market has been categorized into hospitals, optometry clinics, optical centers, and others. The optometry clinics segment is expected to dominate the global retinoscopes market during the forecast period, owing to rising number of independent optometrists and increasing patient preference for clinics for eye examinations.

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Rising incidence of refractive errors such as hyperopia, myopia, presbyopia, and astigmatism, increasing geriatric population, and onset of online and retail stores offering vision correction instruments for patients suffering from refractive errors are factors expected to drive the global retinoscopes market during the forecast period. According to the International Agency for the Prevention of Blindness (IAPB), an estimated 130 million people in the world were suffering from refractive errors in 2012, which led to an economic cost in lost productivity of US$ 250 Bn. Prevalence of refractive errors such as myopia, hyperopia, presbyopia, and astigmatism is increasing at a rapid pace which in turn is expected to propel the market from 2017 to 2025.

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