The global Synoptophore market is projected to grow at a CAGR of 5.3% during the forecast period 2022 to 2030.
Synophophore Market Overview:
Synoptophore is a specialized diagnosis and correction device utilized in the treatment of strabismus or squint in the eyes. Squint or strabismus usually develops because of the imbalance of the muscle which controls the movement of the eye. Resulting in the imbalance of the eye alignment and developed condition of eye turning out (diverge) or eye turning in (converge). Sometimes, it also develops in hypertropia and hypotropia conditions.
A standard Synoptophore consists of two cylindrical shaped tubes consisting of mirrored angle bends. Lenses of optimum magnification is utilized in the eye piece of Synoptophore. Picture slides are placed in the slide carrier at tube end of the Synoptophore device. The stimulation of eyes is performed simultaneously and alternately by automatic flashing unit in Synoptophore, the provision for manual stimulation is also provided as standard. Synoptophore utilizes orthotic methods for correcting the imbalance of the eye, the primary advantage related to Synoptophore as it involves non-surgical management of imbalance of the eye.
Synophophore market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Synophophore market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.
Significant Synophophore Market Dynamics and Growth Factors:
Synoptophore are the primary choice in various eye imbalance disorders such as squint, due to their advantage over other invasive procedures. According to American Association for Pediatric Ophthalmology and Strabismus, it is estimated that strabismus affects nearly 4% of the U.S. population.
Increasing prevalence of strabismus and squint in minors and adult population coupled with increasing incidence of stroke in adult population is expected to be the primary driving factors for Synoptophore market. Increasing awareness for noninvasive procedures and ease of treatment in noninvasive procedure is anticipated to propel the growth of the Synoptophore market.
Rising healthcare standards in the developing countries and modern healthcare facilities in the developed countries is anticipated to drive the market for Synoptophore. Increasing shift of focus from surgical procedure to non-surgical procedures in ophthalmic care is anticipated to offer lucrative growth opportunities for the Synoptophore market. However, high maintenance cost of the instrument coupled with low awareness of noninvasive techniques in underdeveloped countries may restrain the growth rate of the Synoptophore market.
The Synophophore market research report is categorized based on type, applications and region.
Market Key Players:
Haag-Streit UK Ltd., OCULUS Optikgeräte GmbH and TAKAGI SEIKO CO.LTD, Metall Zug, and others.
- Automatic Synoptophore
- Manual Synoptophore
- Trauma Center
- Emergency Department
Geographically, the global Synophophore market has been analysed in various regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA).
Regionally, North America accounted for the largest market share of the global synoptophore market attributable to high health care spending. Leading players of the global synoptophore market include Haag-Streit group, Appasamy Associates, Takagi Seiko Co., Ltd., Prkamya Visions, Shanghai Link Instrument Co. Ltd., 6 6 VISION-TECH CO., LTD., Nanjing Redsun Optical Co., Ltd., Gem Optical Instruments Industries among others.
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Synophophore Market report scope
Key Takeaways from this Synophophore Report
- Estimate Synophophore market potential through analysing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
- Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
- Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
- Get a quick viewpoint on the Synophophore market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
- Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
- Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Study the sales and distribution channels over key geographies to improve top-line revenues.
Frequently Asked Questions
What is the CAGR of the global Synophophore market?
The Synophophore Market is growing at a CAGR of 5.3% During Forecast Period.
Which region would offer high growth for vendors in the Synophophore market?
North America accounted for the largest market share of the global synoptophore market
Which Is the Most potential market segment?
By Types - Automatic Synoptophore, Manual Synoptophore
By Applications - Hospital, Clinic, Trauma Center, Emergency Department, Others
Which are the top industry players in the market?
Haag-Streit UK Ltd., OCULUS Optikgeräte GmbH and TAKAGI SEIKO CO.LTD, Metall Zug