Global Optical Lens Edger Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 256.72 Million |
Market Size (Forecast Year) |
USD 489.92 Million |
CAGR |
|
Major Markets Players |
|
Global Optical Lens Edger Market, By Type (Manual Optical Lens Edger, Automatic Optical Lens Edger and Semi-automatic Optical Lens Edger), Application (Eyeglass Lens, Microscope Lens, Camera Lens), End User (Eye Specialty Clinics, Eye Institutes, Hospitals, Others) - Industry Trends and Forecast to 2030.
Optical Lens Edger Market Analysis and Size
The optical lens are vital devices for an optometrist to aid them in shaping the optical lens according to the frame of glasses. It customizes lenses by grinding or shaping the lens into different shapes and sizes to lenses. It consists of blocker, tracer, and lensometer among others which maintains accurate height positions and power of the lens accordingly. The growing geriatric population with more optical related issues is expected to boost the market growth.
Data Bridge Market Research analyses that the global optical lens edger market which was USD 256.72 million in 2022, is expected to reach USD 489.92 million by 2030, and is expected to undergo a CAGR of 6.3% during the forecast period of 2023 to 2030. “Manual Optical Lens Edger” dominates the type segment of the global optical lens edger market owing to the rising demand of eyewears. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Optical Lens Edger Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2021) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
|
Countries Covered |
|
Market Players Covered |
|
Market Opportunities |
|
Market Definition
A specialised piece of machinery used in the manufacture of lenses and eyeglasses is called an optical lens edger, sometimes referred to as a lens edging machine or edger. Its main function is to correctly shape and cut eyeglass lenses to fit into frames. The edge procedure is crucial because it allows for the customization of the lenses to match the precise dimensions and curve demanded by the customer's chosen eyeglass frames.
Global Optical Lens Edger Market Dynamics
Drivers
- Growing Demand of Eyewear
The increasing prevalence of vision-related issues and eye conditions, such as myopia and presbyopia, drives the demand for eyeglasses. As more people require corrective lenses, the optical lens edger market benefits from the need to produce custom-made lenses.
- Rising geriatric population
As the global population continues to age, the prevalence of age-related vision problems such as presbyopia increases. This demographic shift contributes to sustained demand for eyeglasses and, by extension, optical lens edging machines.
Opportunities
- Increasing Awareness of Eye Health
Public awareness campaigns and educational efforts regarding eye health and the importance of regular eye examinations have contributed to increased eyeglass prescription rates, stimulating the optical lens edger market.
- Increase in the Technological Advancements
Advances in lens edging technology have led to greater precision, speed, and efficiency in the production of eyeglass lenses. These innovations not only enhance product quality but also reduce production time and labor costs, making optical lens edging more accessible.
Restrains/Challenges
- Strict Regulations and Guidelines
Optical lens edging machines must meet strict regulatory standards for precision and safety. Keeping up with changing regulations and ensuring compliance can be a challenge for manufacturers.
- High Cost of Equipment
Optical lens edgers are expensive machines, and smaller eyewear retailers may struggle to invest in high-quality edging equipment. This can create disparities in the quality of eyewear services offered by different retailers.
- Limited Healthcare Access
The disposal of waste materials generated during the lens edging process, such as plastic shavings and abrasive materials, can raise environmental concerns. Manufacturers may need to implement sustainable practices to address these issues.
This global optical lens edger market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global optical lens edger market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Optical Lens Edger Market Scope
The global optical lens edger market is segmented on the basis of type, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
Type
- Manual Optical Lens Edger
- Automatic Optical Lens Edger
- Semi-automatic Optical Lens Edger
Application
- Eyeglass Lens
- Microscope Lens
- Camera Lens
End User
- Eye Specialty Clinics
- Eye Institutes
- Hospitals
- Others
Global Optical Lens Edger Market Regional Analysis/Insights
The global optical lens edger market is analysed and market size insights and trends are provided by type, application and end user as referenced above.
The countries covered in the global optical lens edger market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America is projected to dominate the global optical lens edger market due to increasing geriatric population and the presence of a larger patient pool.
Asia-Pacific is anticipated to have a fastest growth rate in the global optical lens edger market during the forecast period of 2023 to 2030 due to the rapidly increasing prevalence of vision impedance within this region.
The country section of the optical lens edger market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The global optical lens edger market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for global optical lens edger market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the global optical lens edger market. The data is available for historic period 2015 to 2020.
Competitive Landscape and Global Optical Lens Edger Market Share Analysis
The global optical lens edger market are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to global optical lens edger market.
Some of the major players operating in the global optical lens edger market are:
- Coburn Technologies Inc. (U.S.)
- Luneau Technology Group (France)
- NIDEK CO., LTD (U.S.)
- Topcon Corporation (Japan)
- FUJI GANKYO KIKAI MFG CO.LTD (Japan)
- Shanghai Supore instruments Co Ltd (China)
- KoshinKogaku Co., Ltd. (Japan)
- Essilor (France)
- Huvitz Corp. (South Korea)
- Santinelli, Int. (U.S.)
SKU-
Get online access to the report on the World's First Market Intelligence Cloud
- Interactive Data Analysis Dashboard
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.