Latest News- Optometry Software Market in North America: Cloud-based is expected to lead the Type segment during 2025-2029
The Optometry Software Market in North America is being driven by Increasing prevalence of ophthalmic diseases
The Optometry Software Market in North America is expected to grow at a CAGR of 7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 644.6 million. The North American optometry software market is experiencing significant expansion due to the burgeoning ophthalmology sector. The increasing prevalence of eye diseases and technological innovations in ophthalmology are primary growth drivers. Manufacturers are investing heavily in research and development to create advanced treatments, fueling market expansion. Moreover, escalating medical expenses, increasing healthcare expenditures, and the growing demand for personalized therapies will further propel market growth during the forecast period. Consequently, the expanding ophthalmology market will generate increased demand for software solutions to manage patient records, monitor prescriptions for medications, glasses, contact lenses, and other essential data.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Type (Cloud-based, Web-based) End-user (Hospitals, Nursing homes, Others) Geography (North America).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Optometry Software Market in North America Research Report
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The Optometry Software Market in North America is witnessing significant growth due to the increasing prevalence of chronic ophthalmological conditions such as Glaucoma, Dry eye, and Cataracts, driven by an aging population. Electronic health records and cloud-based solutions are becoming increasingly popular, enabling remote patient monitoring and telehealth services. AI-based software and mobile applications are transforming optometry practices, managing patient data and records for Optometrists in Optometry clinics, Hospitals, Clinics, and Specialist centers. Notable vendors include Eyefinity, Crystal PM, Compulink, Inpatient EHR, Ambulatory EHR, Maxim Eyes, Revolution EHR, Doctor soft, and Liquid EHR, offering cloud-based EMR and health records data management solutions for Refractive errors and telemedicine services.
The Optometry Software Market in North America encompasses the income derived from the sale of healthcare applications, IT systems, internet-based healthcare tools, telehealth technologies, and IT consulting services to optometry clinics, hospitals, and businesses. According to Technavio, the global healthcare market size is determined by the consolidated revenue generated by providers of equipment, supplies, pharmaceuticals, biotechnology, healthcare technology players, and life sciences tools and services. Factors fueling the expansion of the healthcare technology market involve cost reduction pressures in both developed and emerging economies, affecting healthcare entities. Other significant drivers include the aging population, increasing prevalence of chronic ophthalmological conditions such as glaucoma, dry eye, and cataracts, and the integration of electronic health records and cloud-based solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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