Top Vision Care Devices and Equipment Companies - 2022
Eyenovia [NASDAQ:EYEN]: A Technology-Led Revolution in Ophthalmic Drug Delivery

Top 10 Vision Care Devices and Equipment Companies - 2022

Vision aids provide a situational awareness to executing everyday activities among humans. Lately, there has been a momentous increase in the number of people suffering from vision-related ailments, such as cataracts, glaucoma, and retinal detachment. These ailments are also caused due to the exponential growth in dependency on screen-based devices. Such factors have led to a rapid surge in vision care products and services in the healthcare sector. In light of this, the global vision care market is expected to reach $83.2 billion by 2027 from $66.5 billion in 2021, with a CAGR of 3.7 percent in the forecast period.

Some trending technological innovations are being developed to counter the harmful effects of electronic devices. A prime example of this is the growth in blue light technology, which is way to reduce eye strain, blurred vision, and other symptoms of digital eye strain. As a result, Blue IQ glasses have grown in popularity and are expected to have a continued growth. Moreover, there is a dearth of sufficient eye donors for people suffering from corneal blindness. 3D printed corneas are a revolutionary technology that is set to bridge this gap and help an estimated 10 million people worldwide who require surgery. Concurrently, AI and machine learning are powering the development of vision care technologies that use eyetracking to develop insights into vision health, potentially helping eye doctors diagnose neurological issues and bring new treatment options for historically untreatable disorders.

At this juncture, there are numerous companies entering the market to cater to the different needs of vision care. To choose the right vendor that best fits the everevolving eye care requirements, MedTech Outlook Magazine has compiled this edition that lists some of the prominent vision care devices and equipment providers. Besides, the magazine also consists of insights from thought leaders in the sector, emerging industry trends, best practices, and recent innovations from subject matter experts.

We present to you MedTech Outlook’s “Top 10 Vision Care Devices and Equipment Providers – 2022.”

    Top Vision Care Devices and Equipment Companies

    eSight Eyewear
    eSight Eyewear is a company dedicated to helping people with low vision and legal blindness explore new possibilities. Currently, the company is on the fourth iteration of its feature product, eSight4. eSight Eyewear sought a way to blend the various assistive devices, creating a specific standalone hardware and software to enhance the ability for users to perform all tasks with ease, hands-free and untethered. eSight is a Class-I FDA-registered device used by people with central vision loss resulting from macular degeneration, Stargardt disease, and those with blurry vision, blind spots, and more. eSight’s technological approach has been clinically validated by six leading low vision institutions that proved a seven-line gain in distance acuity, 100 percent mobility retention, improved facial recognition, and a 12-letter contrast improvement.
    Eyedaptic
    Eyedaptic provides a one-of-a-kind solution for optimizing the user’s field of vision with our patent-pending software. Eyedaptic offers glasses to enhance vision for those who suffer from age-related macular degeneration and other low vision diseases. The software-driven smart glasses leverage the power of augmented reality (AR) technology and Artificial Intelligence (AI) software to help people with AMD see once again.
    Eyenovia [NASDAQ:EYEN]
    Eyenovia is a clinical-stage ophthalmic company developing a pipeline of advanced therapeutics based on its proprietary microdose array print (MAP) platform technology. The technology is similar to inkjet printer technology; the eye drugs are piezo printed on the cornea, similar to an inkjet printer delivering pixels of ink onto paper. Moreover, its low-velocity, horizontal dispersion has potential to make the dose delivery more comfortable. Optejet delivers about eight microliters, matching the volume of a tear and the capacity of the eye. At the same time, with the push of a button, the drug is dispensed at a rate of less than 100 milliseconds, quicker than the blink of an eye. There is no struggle to vertically position the patient by having them tilt their head as with eyedrops or to beat the patient’s blink reflex, or to keep tissues ready in case of a mishap.
    MED-LOGICS
    The company is a bestselling global manufacturer of patented ophthalmic surgical devices alongside a suite of specialized medical products for LASIK and cataract surgeries. Founded by Rod and Betty Ross in 1992 as a small supplier, its growth and recognition had been colossal in Orange County, the medical device hub of the United States. In 2013, MED-LOGICS expanded by moving operations to Athens, Texas. MED-LOGICS has become a global brand recognized for selling FDA-approved ophthalmic products for over 70 countries.
    Alcon
    Alcon is the global leader in eye care, dedicated to helping people see brilliantly. With an over 75-year heritage, they are the largest eye care device company in the world, with complementary businesses in Surgical and Vision Care. Being a truly global company, they work in 60 countries and serve patients in more than 140 countries. They have a long history of industry firsts, and each year we commit a substantial amount in Research and Development to meet customer needs and patient demands. More than 23,000 associates are enhancing the quality of life through innovative products, partnerships with eye care professionals and programs that advance access to quality eye care.
    Diaton Tonometer
    Diaton Tonometer is the only non-corneal tonometer on the market which provides reliable measurements and makes it possible to diagnose glaucoma in its early stages, allowing to devise an appropriate care and treatment plan. Diaton tonometer is effective in obtaining IOP measurements for many challenging patient populations, including: those with chronic conjunctivitis, erosions, edema and corneal dimness; post corneal surgeries; immobilized patients and children. Also, patients do not need to remove their contact lenses.Diaton Tonometry is a revolutionary approach to measuring intraocular pressure (IOP) through the eyelid and over the sclera - no contact with the cornea, no anesthesia or sterilization is required.
    Heru
    Heru Inc. has developed patented autonomous AI-powered vision diagnostics and augmentation software for commercially available AR/VR devices. This technology exceeds traditional standards of care in clinical equivalence, usability, cost, size and portability. They are the only cross-platform solution that can autonomously diagnose vision defects and customize individual vision augmentation based on the user’s unique vision defects. It is a spinoff company from the University of Miami’s Bascom Palmer Eye Institute.
    Konan Medical
    Konan Medical develops and distributes innovative ophthalmic diagnostic devices that help clinicians diagnose and manage vision- threatening and potentially life-threatening disorders. They provide practice-building solutions for eye care professionals that strive to deliver the best possible healthcare with the high-tech experience expected by today's informed patients also focusing on novel, visual-function diagnostics that are primarily objective, and provide important insights into how the visual system is functioning beyond standard high-contrast visual acuity testing.
    Marco
    Marco provides a broad range of exam lane equipment as well as a full complement of automated refraction systems, dry eye technology, and high-tech diagnostic devices. For over 50 years, they have been successfully transforming practices. Thus helped thousands of physicians achieve manageable, controlled growth with customized technologies that meet the specific needs of their practice without unnecessary and costly disruption. They offer the best products which provides customized solutions that test more patients in less time, using less space, with superior results.
    Rebion
    Rebion provides a “Window to the Brain” to identify and help manage life-altering diseases that manifest from functional impairment or damage in the brain. They are commercializing the breakthrough Neural Performance Scanning (NPS) to identify and help manage life-altering diseases that manifest from functional impairments in the brain; including traumatic brain injury (TBI) and amblyopia (lazy eye). NPS portable point-of-care devices provide previously unavailable information for fast and impactful triage, making early disease detection, intervention and customized treatment more accessible.