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Global eye anatomical model revenue is expected to reach $2.80 million in 2022
Published Date: 2018/11/14
Eye Anatomical Model is a kind of models to study and explain the internal and external structure of the eyes. Students interested in the medical profession as well as doctors, professors, and health care professionals profit from the realism of the models.
The eye anatomical model revenue was $2.42 million in 2016 and is expected to reach $2.80 million in 2022, growing at a CAGR of 2.47% from 2016 to 2022. The global eye anatomical model industry mainly concentrates in Europe, United States, Japan and China. Europe`s revenue accounted for the highest market share (34.01 %) in 2016, followed by United States.
The global leading players in this market are 3B Scientific, SOMSO, GPI Anatomicals, Erler-Zimmer and Edutek Instrumentation, which accounts for above 64 % of total revenue in 2016.
The eye anatomical model are mainly used in for education, hospitals and clinic. The dominated applications are hospitals and Clinic use, which accounts for about 70% and it is forecasted that share will be maintain in 2022.
Currently, a major challenge affecting the market growth is the limitation of downstream market. As large demand of healthy products at home and abroad, many companies began to enter the field. Currently, the Chinese eye anatomical model industry is not only begin to transit to eye anatomical model products, while still extend in the resource-rich land and downstream industry chain.
Despite the presence of competition problems, due to the global recovery trend is clear, emergence of computer aided modeling techniques, product-design Software packages, and other technological advancements, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value.
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