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NEW YORK , July 22, 2022 /PRNewswire/ -- According to the latest market research study published by P&S Intelligence, the global eye testing equipment market was worth around $2,852.2 million in 2021, which will rise to $5,246.1 million by 2030, at a 7.0% compound annual growth rate. This is attributed to the increase in the incidence of eye illnesses, rise in the demand for eye exams and treatments in industrialized nations, and advancements in ophthalmic diagnostic technologies.
As these healthcare facilities are chosen by the majority of the patients with eye problems, hospitals and eye clinics account for the biggest share of the eye testing equipment market. In emerging economies, eye care and diagnosis processes are, many times, only offered at hospitals and eye clinics.
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Major Market Share Taken by Autorefractors and Phoropters
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