Synoptophore Market Size Worth $297.6 Million By 2027 | CAGR: 4.6%: Grand View Research, Inc.

Synoptophore Market Size Worth $297.6 Million By 2027 | CAGR: 4.6%: Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, Aug. 25, 2020

SAN FRANCISCO, Aug. 25, 2020 /PRNewswire/ -- The global synoptophore market size is estimated to reach USD 297.6 million by 2027, expanding at a CAGR of 4.6%, according to a new report by Grand View Research, Inc. The key factors such as increasing prevalence of visual acuity disorders such as amblyopia, strabismus, diplopia, and other convergence insufficiency ailments are expected to drive the market.

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Key suggestions from the report:

Read 130 page research report with ToC on "Synoptophore Market Size, Share & Trends Analysis Report By Application (Diagnostic, Therapeutic), By Type (Manual, Automated), By End-user (Hospitals, Clinics), By Region, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/synoptophore-market

Increasing the prevalence of risk factors leading to amblyopia and strabismus is expected to drive the demand for synoptophore machines in the extended run. For instance, there are multiple risk factors causing amblyopia that includes strabismus, uncorrected refractive errors, premature birth, cataract, ptosis, traumatic head injury, and hereditary factors.

The growing awareness about the importance of early diagnosis to avoid surgical intervention in the future will increase the utilization rate of synoptophore. Moreover, the increasing inclination towards non-surgical treatment procedures is expected to propel the growth of the market.

The reliability, versatility, and accuracy of synoptophore in performing comprehensive binocular vision assessments in patient with ocular motility disorders have increased its installation rate. However, high cost, lack of portability, and the difficultly in setting up the pediatric patient for diagnosis are the factors restraining the growth of the market.

Grand View Research has segmented the global synoptophore market on the basis of application, type, end-user, and region:

List of Key Players of Synoptophore Market

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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