17.8% of its gross domestic product on health care in 2016, whereas spending in the other
countries ranged from 12.4% (Switzerland) to 9.6% (Australia). Moreover, technological
advancements in pupillometer is expanding the product portfolio of pupillometer.
Asia Pacific is projected to witness significant growth over the forecast period, owing to
increasing awareness regarding eye disease and increasing prevalence of ophthalmic diseases.
For instance, a study published in Delhi Journal of Pathalmology, 2013 revealed that 91 million
population is visually impaired in the entire South East Asia region, with almost one third of
the global share.
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Pupillometer Market – Competitive Landscape
Major players operating in the global pupillometer market include US Ophthalmic, NeurOptics,
Inc., Takagi Ophthalmic Instruments, Essilor, Veatch ophthalmic Instruments, Luneau
Technology, Good-Lite Co., and AMETEK GmbH. Companies are focused towards adopting
market strategies such as launch of new innovative products, mergers, collaborations and
acquisition to hold their position in the market and increase product portfolio. For instance, in
2015, Luneau Technology group that develops and manufactures Visionix wavefront-based
refraction and diagnostics instruments with AIT Industries, a distributor of ophthalmic
instruments and equipment’s based in Bensenville, Illinois.
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