The Optokinetic Nystagmus Drum Market is estimated to grow at 9.4% CAGR with a market size of xx Billion.
An Optokinetic Drum, also known as a Catford Drum, is a spinning apparatus used to test eyesight in which people sit facing the drums wall. The inside surface of the drum is typically striped, so when it spins, the subjects eyes are exposed to a moving visual field while remaining stationary; this phenomenon is called Optokinetic Nystagmus. The drums speed and the tests duration may both be changed. Control groups are put in a drum with no stripes or rotation. After being exposed to the revolving drum, subjects are polled to see if they are susceptible to motion sickness. Increased mood fluctuations in reaction to visual cues were observed in research using the optokinetic drum to evaluate the symptoms of sopite syndrome. However, these effects were amplified by other environmental variables such as boredom and lack of exercise.
COVID-19 Impact Assessment
The COVID-19 pandemic had a negative influence on the Optokinetic Nystagmus Drum market in 2020-2021. Because of the COVID-19 epidemic, there has been a considerable reduction in patient visits to clinics. The lockdowns and restrictions are put in place to prevent the disease from spreading. As a result, the number of elective eye diagnoses performed each week in hospitals and clinics has decreased. In addition, nations such as Boston have seen a 15% drop in inpatient visits to examination facilities.
Medical treatments and diagnoses have also been subjected to restrictions and prohibitions by governments. The need for Optokinetic Nystagmus Drum has been hindered by these constraints. Optokinetic Nystagmus Drum manufacturers are having difficulty giving in-person product presentations, working at full capacity, and attending or organizing conferences as a result of these constraints. Lockdowns in APAC nations like China and India have caused ophthalmic equipment manufacture and shipping to be delayed. All of these problems make the expansion of the Optokinetic Nystagmus Drum Market difficult.
Key Trends & Drivers
The rising incidence of eye disorders is a major driver propelling the global Optokinetic Nystagmus Drum market forward. Moreover, the increased focus on customer training and education among eye care professionals regarding eye diseases and associated complications, as well as increased penetration of digital devices such as laptops, smartphones, computers, and e-readers are associated complications notably contribute towards the growth.
Furthermore, the market is anticipated to expand due to an increase in R&D efforts for innovative devices linked to vision error and an increase in awareness of devices utilized in the area of ophthalmology. However, the markets expansion is projected to be hampered by a lack of knowledge about eye-related disorders and a scarcity of trained experts. Emerging nations such as China and India, on the other hand, have a significant growth potential due to their growing healthcare infrastructure.
Key Players
The global market for Optokinetic Nystagmus Drum is fiercely competitive. Johnson & Johnson, Bausch & Lomb Incorporated, Novartis AG, Abbott Laboratories, Inc., Essilor International, Hoya Corporation, VisionCare, Inc., Carl Zeiss AG, Canon Inc., Nidek Co Ltd., Topcon Corp., Alcon Inc., and CooperVision AG are some of the leading competitors in the industry. The development and launch of novel Optokinetic Nystagmus Drum is a continual priority for key manufacturers. Over the projection period, the introduction of new entrants may increase competition and provide increased growth prospects.
Regional Assessment
North America (the United States), Europe (Germany, France, Italy, Spain, and the United Kingdom), Asia (China, Japan, and India), and the rest of the world are the four major areas in which the worldwide Optokinetic Nystagmus Drum Market is divided. North America is the largest market in the world and will continue to be so during the projected period. Europe is also a significant market, owing to the growing prevalence of chronic eye disorders among the elderly. The Asian market, driven by China and India, will, nevertheless, experience substantial development.
Report Highlights
• Historical data available (as per request)
• Estimation/projection/forecast for revenue and unit sales (2021-2031)
• Data breakdown for every market segment (2021-2031)
• Gross breakdown for every market segment (2021-2031)
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry and Revenue Segmentation
End User Analysis (Revenue, USD Million, 2020-2031)
• Hospitals
• Specialty Clinics
• Ambulatory Surgery Centers
• Others
Key Company Analysis (Revenue, USD Million, 2020-2031)
• Essilor International
• Bausch & Lomb Incorporated
• Novartis AG.
• Johnson & Johnson
• HOYA CORPORATION
• Abbott Laboratories, Inc.
• Others
Regional Analysis (Revenue, USD Million, 2020 – 2031)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United kingdom
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• UAE
• Qatar
• Saudi Arabia
• Japan
• Africa
• Rest of the world
Available Versions:
• United States Optokinetic Nystagmus Drum Industry Research Report
• Europe Optokinetic Nystagmus Drum Industry Research Report
• Asia Optokinetic Nystagmus Drum Industry Research Report
