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Eye Testing Equipment Market Revenue To Surpass $5,246.1 Million by 2030, says P&S Intelligence

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According to the latest market research study published by P&S Intelligence, the global eye testing equipment market was worth around $2,852.2 million in 2021, which will rise to $5,246.1 million by 2030, at a 7.0% compound annual growth rate. This is attributed to the increase in the incidence of eye illnesses, rise in the demand for eye exams and treatments in industrialized nations, and advancements in ophthalmic diagnostic technologies.

As these healthcare facilities are chosen by the majority of the patients with eye problems, hospitals and eye clinics account for the biggest share of the eye testing equipment market. In emerging economies, eye care and diagnosis processes are, many times, only offered at hospitals and eye clinics.

Get the sample pages of this report at: https://www.psmarketresearch.com/market-analysis/eye-testing-equipment-market/report-sample

Major Market Share Taken by Autorefractors and Phoropters

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  • The autorefractor and phoropter category holds a more than 30% share of the eye testing equipment market. Myopia is becoming more common in both children and adults, which is fueling the usage of these devices.
  • Moreover, uncorrected refractive error is the second-leading cause of preventable blindness in the world, a significant public health problem, and one of the most-prevalent visual abnormalities across all age groups.
  • Furthermore, due to the requirement for regular fundus screening for those with diabetes mellitus, fundus cameras have the third-largest market share. Because of their higher risk of developing diabetic retinopathy, cataracts, diabetic macular edema, and glaucoma, patients with diabetes mellitus require eye screening once every six months or once a year.

Browse detailed report on Eye Testing Equipment Market Size, Share, Growth and Demand Forecast Report 2030

Geographical Analysis

  • In 2021, North America held 35% revenue share in the market. This was a result of both the huge investment in this domain of human health and the widespread adoption of cutting-edge products in eye care services.
  • Similarly, Germany holds a significant market share in Europe because of the advanced ophthalmological services and products that are provided in the country and the growing spending on eye care.
  • The APAC eye testing equipment market holds the second-largest global share, and it will advance with a significant CAGR from 2021 to 2030. This is because there are an increasing number of individuals who are vision impaired, which will provide a huge challenge to those who provide eye care services and force them to buy cutting-edge equipment for diagnosis.
  • A third of the world’s population of blind people resides in China, which is why it had the largest share of the market in the region in 2021. The main cause of vision loss in nearly half of them, along with glaucoma, is cataracts, which will increase the need for eye care supplies.

Eye Testing Equipment Market Report Coverage

By Device

  • Autorefractor and Phoropter
  • Optical Coherence Tomography Device
  • Fundus Camera
  • Perimetry Equipment
  • Tonometer
  • Biometer
  • Slit Lamp

By Application

  • General Examination
  • Cataract
  • Glaucoma

By End User

  • Hospitals and Eye Clinics
  • Ambulatory Surgical Centers
  • Optometry Academic Institutes

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Artificial Intelligence

SurrealDB Raises $20 Million to Disrupt Database Tech; Introduces New Cloud Beta Access

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Led by FirstMark and Georgian, the Multi-Model Database has emerged as the Developer’s choice for Database Consolidation
LONDON, June 18, 2024 /PRNewswire/ — SurrealDB, the ultimate multi-model database, today announced a $20 million investment round led by FirstMark and Georgian with participation from Crew Capital and Alumni Ventures. This latest round of funding brings SurrealDB’s total to $26 million.

In addition, the company has announced the beta launch of Surreal Cloud. Interested parties can sign up now to gain access: https://surrealdb.com/signup 
A rapidly growing number of enterprises use SurrealDB to consolidate their databases into one multi-model platform. Due to its flexibility and simplifying approach, software developers are adopting multi-model databases to quickly adapt to different data requirements and reduce the need for multiple database systems.
With over 25,000 GitHub stars, SurrealDB is one of the fastest-growing open-source database projects in the industry.
With SurrealDB, developers can build modern, real-time apps faster and more affordably. It minimizes the need for backend infrastructure management and complex API creation while offering flexibility across data models and cloud platforms.
SurrealDB has emerged as the choice for organizations burdened by the cost of managing multiple databases. On average, many organizations manage 3-4 databases, adding cost and complexity and significantly impacting developer productivity. Developers spend excessive time on infrastructure management and learning new programming languages, leaving less time for application development. 
In addition, SurrealDB handles advanced security and access permissions and includes indexing for AI workflows, machine learning inference and model processing.
The database is built entirely on Rust, a renowned general-purpose programming language recognized for its exceptional performance in critical applications due to its strong emphasis on safety, speed and concurrency.
“Each industry goes through phases of bundling and unbundling. The database market has seen an explosion of many different types of specialized databases in the 2010s, resulting in ever-growing complexity for developers. The pendulum has now swung back to rebundling and simplification”, said Matt Turck, Partner at FirstMark. “SurrealDB is rapidly emerging as the leader in that trend, offering tremendous versatility and performance to developers, whether they want to build simple applications or engage in advanced AI work.  I’m thrilled to double down in the Series A after leading the seed round.”
“SurrealDB’s novel multi-model database simplifies backend architecture and provides a powerful but user-friendly developer experience. Through our due diligence, including usage by Georgian’s internal AI Lab, we have observed SurrealDB’s ability to consolidate multiple databases, which can reduce cost and complexity while also providing simple and intuitive querying. The pace of development by the SurrealDB team has resulted in one of the fastest growing open source projects that we have seen and we’re very excited to partner with the company as it launches to an even broader audience”, said Emily Walsh, Lead investor at Georgian.
“As a developer myself, I passionately believe in creating software that enables all developers to focus on building the most innovative applications. With SurrealDB we’re not just enhancing productivity; we’re disrupting the database market. The support and enthusiasm from our community have been instrumental to our growth and success. We are committed to open-source development, and will continue to innovate and provide powerful, accessible tools that empower developers worldwide,” said SurrealDB CEO and co-founder Tobie Morgan Hitchcock. “We are honored to have FirstMark, Georgian, Crew Capital and Alumni Ventures support our vision. Their investment and support will help us scale faster and meet growing demand”.
About SurrealDB
SurrealDB is an innovative, multi-model, cloud-ready database, suitable for modern and traditional applications. Its versatility, and focus on developer experience, along with the ability for deployment on cloud, on-premise, embedded, and in edge computing environments, allows developers and organizations to meet the needs of their applications, without needing to worry about scalability or keeping data consistent across multiple different database platforms.
To learn more and get started with SurrealDB in just one-click visit surrealdb.com
Olivia HeelCatapult [email protected] 
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STARMUS ANNOUNCES “STARMUS LA PALMA, THE ISLAND OF THE STARS”

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Starmus, already recognised as the most ambitious science and music festival in the world returns to the Canary Islands in April 2025 as one of the big bets for the recovery of the island of La Palma.Starmus has just celebrated its seventh edition in Slovakia, where more than 100,000 people attended the different events of the festival that paid tribute to Planet Earth TENERIFE and LA PALMA, Spain, June 18, 2024 /PRNewswire/ — STARMUS, the most ambitious science and music festival – founded by Garik Israelian, PhD in astrophysics, and the Queen guitarist Brian May, also a PhD in astrophysics, have announced today its next edition to be held on the island of La Palma next April 2025.

At a press conference together with the President of the Government of the Canary Islands – Fernando Clavijo, the Special Commissioner for the Reconstruction of the Island of La Palma – Héctor F. Izquierdo, the President of the Island Council of La Palma – Sergio Rodríguez Fernández, the Director of the Insituto de Astrofísica de Canarias (IAC)- Rafael Rebolo, and the most popular Spanish science communicator Javier Santaolalla, “Starmus La Palma” is presented as an historic edition, both for the festival and for the island.
Starmus returns to the Canary Islands – in partnership with the Starlight Foundation – as part of the recovery programme for the island of La Palma after the disaster caused by the eruption of the Cumbre Vieja Volcano in 2021. Thus, the festival will serve as a platform for the international promotion of the island known as the “isla bonita” and its positioning as one of the most privileged territories in the world for stargazing.
After the success of its last editions abroad – in Norway, Switzerland, Armenia and Slovakia – Starmus ‘returns home’ to contribute to the recovery of La Palma.  Within the framework of the ‘Starlight Declaration or Declaration of La Palma’ in Defence of the night sky and the right to starlight – promoted by the IAC and drafted and signed by international institutions such as UNESCO, UNWTO and IAU among others, whose responsible body is the Starlight Foundation.
This special edition will be a tribute to the island and it will focus on the great challenges of light and space pollution. Bringing back to the Canary Islands the great heroes and visionaries of the space race, together with a great cast of scientific and artistic personalities.
The festival will offer a 4-day programme of first-class lectures, an unparalleled musical agenda that will bring world-renowned speakers and artists to La Palma and its popular STARMUS Camp, with which science will take centre stage all over the island.
The organisers are already working on the programme and further details of the event are expected to be announced in September.
Undoubtedly, a unique event that will put the ‘Isla Bonita’ in the international spotlight for a whole week and consolidate it as an international point of reference for the scientific community and for astro-tourism as “the island of the stars”.  
Media Contact: Brezo Rodríguez, +34 678255196, [email protected]; [email protected] 
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Artificial Intelligence

Apkudo’s Bold Brand Refresh Designed to Match Sophisticated Product Portfolio

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Our commitment to changing an industry starts from within.
BALTIMORE, June 18, 2024 /PRNewswire/ — Apkudo, the leader in supply chain robotics, AI, and software for connected devices, today announced the launch of a new brand identity embracing the company’s commitment to revolutionizing the connected device industry with new levels of sophistication. This visual identity refresh is the culmination of several changes the company has undergone in the last twelve months, including updates to mission, vision, and core values, acquisition activity, and international customer expansion.

“Apkudo is experiencing customer expansion and inorganic growth following the acquisition announcement of Mobile reCell,” said Josh Matthews, Co-Founder and CEO of Apkudo. “Change is happening. Our product portfolio disrupts the conventional linear supply chain processes with new levels of sophistication. It was time to elevate and advance the brand to evolve with the business.”
The logo retains the existing brand equity of the Apkudo wordmark and adds a new, modern logomark that brings meaning to who we are and how we show up for customers. The three arcs represent a unique letter, ‘a’. The three arcs also represent the three simplified stages of a connected device—pre-use, in-use, and post-use for secondary devices. The new logo colors bring meaning and connection to the role of our groundbreaking Circular Industry Platform.
Electric Indigo represents insights and idealism.Picton Blue represents intelligence and innovation.Emerald represents productivity and rebirth.”We are changing the connected device industry. We help customers move their business forward by connecting data and processes in new ways, offering a gateway to the future,” commented Kristen Barry, SVP of Marketing and Communications at Apkudo. “Our new brand identity brings dimension and movement to match our work for customers.”
The brand refresh is live with a new website and being debuted at the Mobile Disrupt conference in Las Vegas. Customers will continue to see the refresh applied during a phased rollout through the end of 2024.
About Apkudo
Headquartered in Baltimore, MD with offices around the world, Apkudo helps companies managing connected devices to maximize device value, minimize labor costs and reduce e-waste. Apkudo’s Circular Industry Platform provides a full suite of decision-support and operating tools: automated testing and grading systems, device lifecycle management and resale market integration. As a result, Apkudo customers always have the answer to the question, “What should I do with this device, right now?”.
Media Contacts
Kristen BarryApkudoSenior Vice President, Marketing & [email protected]
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