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North America’s Optometry Software Market to Grow by USD 576.62 Million (2024-2028), Driven by Rising Ophthalmic Disease Cases, AI Redefining Market Landscape – Technavio

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NEW YORK, Nov. 22, 2024 /PRNewswire/ — Report with market evolution powered by AI – The optometry software market in north america size is estimated to grow by USD 576.62 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.67% during the forecast period. Increasing prevalence of ophthalmic diseases is driving market growth, with a trend towards growing ophthalmology market. However, rising medical data privacy concerns poses a challenge.Key market players include Barti, Compulink Healthcare Solutions, Doctorsoft Corp., EssilorLuxottica, EverCommerce Inc., Eye Care Leaders, First Insight Corp., Health Innovation Technologies Inc., iTRUST.IO LLC , LiquidEHR Inc., MacPractice, Nextech Systems LLC, Optical POS Software LLC, Optometric Services Inc., Solutionreach Inc., SOTH Inc., Vision Service Plan, Weave Communications Inc., WINK Technologies Inc., and WRS Health.

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Optometry Software Market In North America Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.67%

Market growth 2024-2028

USD 576.62 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.32

Regional analysis

North America

Performing market contribution

North America at 100%

Key countries

US, Canada, Mexico, and North America

Key companies profiled

Barti, Compulink Healthcare Solutions, Doctorsoft Corp., EssilorLuxottica, EverCommerce Inc., Eye Care Leaders, First Insight Corp., Health Innovation Technologies Inc., iTRUST.IO LLC , LiquidEHR Inc., MacPractice, Nextech Systems LLC, Optical POS Software LLC, Optometric Services Inc., Solutionreach Inc., SOTH Inc., Vision Service Plan, Weave Communications Inc., WINK Technologies Inc., and WRS Health

Market Driver

The North American optometry software market is experiencing significant growth due to the rising prevalence of chronic ophthalmological conditions such as glaucoma, dry eye, cataracts, and refractive errors. The aging population is also driving demand for electronic health records (EHR) and cloud-based solutions to manage patient data and records in optometry clinics. AI-based software and mobile applications are trending, offering remote patient monitoring and telehealth services for optometrists. Key players like Eyefinity, Crystal PM, Compulink, Practice Mate, MaximEyes, EyeMD, and others are expanding their offerings through expansions, joint ventures, and acquisitions. Ophthalmologists and optometrists require EHR software for prescription history, IOP measurement, and retinal detachment, uveitis, astigmatism, and other conditions. Hospitals, clinics, and specialist centers are adopting cloud-based EMRs for health records data management. 

The North American optometry software market has experienced significant growth over the past decade, fueled by the increasing prevalence of eye diseases and technological advancements in ophthalmology. This sector’s expansion is further heightened focus on research and development among manufacturers, aiming to create innovative treatments. Moreover, rising medical expenses, increasing healthcare spending, and a growing demand for precise therapies are additional factors contributing to the market’s growth during the forecast period. Consequently, the expanding ophthalmology market will necessitate the use of software to manage patient treatment records, medication prescriptions, and information related to glasses, contact lenses, and other eye care solutions. 

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Market Challenges

The North American optometry software market is experiencing significant growth due to increasing chronic ophthalmological conditions like glaucoma, dry eye, cataracts, and refractive errors. An aging population and the need for electronic health records (EHR) are key drivers. Optometrists require cloud-based solutions for managing patient data and records, including IOP measurement and prescription history. Telehealth and telemedicine services are essential for remote patient care, with AI-based software aiding in diagnosis. Companies like Eyefinity, Crystal PM, Compulink, Practice Mate, MaximEyes, EyeMD, and others are expanding through joint ventures, acquisitions, and strategic expansions. Ophthalmologists also use EHR software for managing complex cases, such as retinal detachment and uveitis. Hospitals, clinics, and specialist centers adopt cloud-based EMRs for health records data management. Mobile applications are also popular for patient engagement and convenience.The optometry software market in North America is witnessing significant growth due to the adoption of advanced technologies for managing medical records and data. However, this trend raises concerns regarding data privacy. Strict regulations, such as the Health Insurance Portability and Accountability Act (HIPAA) in the US, mandate that personal medical data be kept confidential and only accessible with proper authorization. Despite these regulations, the increasing use of optometry software solutions in ophthalmology necessitates continued vigilance to protect sensitive patient information. It is essential for optometry practices to prioritize data security and ensure compliance with relevant privacy laws to maintain trust with their patients.

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Segment Overview

This optometry software market in North America report extensively covers market segmentation by

Type1.1 Cloud-based1.2 Web-basedEnd-user2.1 Hospitals2.2 Nursing homes2.3 OthersGeography3.1 North America

1.1 Cloud-based- The optometry software market in North America is experiencing growth, with a particular focus on cloud-based deployment solutions. These solutions offer benefits such as quick deployment, flexibility, scalability, real-time data visibility, and customization capabilities. Cloud-based deployment enables integration with other eyecare software solutions, including online booking and payment processing. Flexible payment options, like monthly subscriptions and pay-as-you-go models, make these solutions cost-effective. Small and medium-scale eyecare organizations are adopting cloud-based software due to its scalability and cost savings. Innovations in data security will further increase adoption by large-scale enterprises. Cloud-based solutions provide optimal cost and efficiency by allowing organizations to store critical data on-premise and infrequently used data on a public cloud server. The market growth is driven by these advantages, with the cloud-based deployment segment expected to grow at a higher Compound Annual Growth Rate (CAGR) than on-premise deployment during the forecast period.

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Research Analysis

The optometry software market in North America is experiencing significant growth due to the increasing prevalence of chronic ophthalmological conditions such as glaucoma, dry eye, cataracts, and refractive errors. With an aging population, there is a greater need for electronic health records (EHR) and cloud-based solutions to manage patient data and records in optometry clinics, hospitals, specialist centers, and ambulatory settings. Telehealth, telemedicine services, and AI-based software are also gaining popularity for remote patient consultations and diagnosis. Eyefinity, Crystal PM, Compulink, Inpatient EHR, Ambulatory EHR, Maxim Eyes, Revolution EHR, Doctor soft, and Liquid EHR are some of the leading optometry software solutions providing cloud-based EMR and health records data management services. These software solutions enable optometrists to streamline their workflows, improve patient care, and enhance overall operational efficiency.

Market Research Overview

The optometry software market in North America is experiencing significant growth due to the increasing prevalence of chronic ophthalmological conditions such as glaucoma, dry eye, cataracts, and refractive errors in the aging population. Electronic health records (EHR) and cloud-based solutions are becoming increasingly popular, enabling optometrists to manage patient data and records more efficiently. Telehealth and telemedicine services are also gaining traction, allowing for remote patient consultations and monitoring. AI-based software is being integrated into optometry practices to enhance diagnosis and treatment, particularly for conditions like retinal detachment, uveitis, and astigmatism. Optometry clinics, hospitals, specialist centers, and ambulatory care facilities are adopting cloud-based EMR systems to streamline operations and improve patient care. Key trends include expansions, joint ventures, and acquisitions by major players in the market, including Eyefinity, Crystal PM, Compulink, Practice Mate, MaximEyes, EyeMD, and others. IOP measurement and prescription history are critical features of optometry software, ensuring accurate and up-to-date patient information. Overall, the North American optometry software market is poised for continued growth as technology advances and healthcare providers seek to improve patient care and outcomes.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeCloud-basedWeb-basedEnd-userHospitalsNursing HomesOthersGeographyNorth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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MMA SMARTIES Thailand 2024 – Celebrates Unparalleled Marketing Innovation and Excellence in Thailand

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BANGKOK, Nov. 23, 2024 /PRNewswire/ — The SMARTIES Thailand 2024 Awards brought together pioneers and the brightest minds of the advertising and marketing world, celebrating marketing innovation. Ultimately, 47 exceptional winners were honored, comprising 13 Gold, 15 Silver, 8 Bronze awards and 11 industry awards.

More than just a celebration, the SMARTIES Awards are a global movement that empowers brands, advertisers, agencies, publishers, and technology enablers. With over 50,000 entries globally, SMARTIES has extensive reach, encompassing 19 country awards, 4 regional awards, and one global awards program. This year, Thailand presented numerous impressive entries spanning diverse sectors, underscoring the country’s influence in strategic marketing and creative innovation.

SMARTIES Thailand 2024 honored the best in the industry with a remarkable lineup of winners. Brilliant & Million, Thailand was awarded Digital Agency of the Year, while Grab took home both Publisher of the Year and Brand of the Year. Friends & Mana Company Limited was named Independent Agency of the Year, and Spa-Hakuhodo secured Creative Agency of the Year. M&C Saatchi emerged as the Media Agency of the Year, and Babi Mild was recognized as the Most Resilient Brand of the Year. Publicis Groupe earned the title of Holding Agency Company of the Year, while the Juror’s Choice Award went to the impactful “Under My Skin” campaign. Mondelēz International claimed the honor of Advertiser of the Year, and Best in Show was awarded to the captivating “Oreo Pokemon Catch ‘Em All!” campaign.

Check Out the Winner List Here! 

A rigorous selection process, led by a dedicated jury panel featuring top minds in marketing in Thailand, identified the best campaigns. These campaigns strengthened engagement through advanced technology, and elevated marketing practices.

“SMARTIES continues to set new benchmarks in the industry,” said Rohit Dadwal, CEO of MMA Global APAC & Global Head of SMARTIES™ Worldwide. “This year’s winners have demonstrated unparalleled brilliance, proving that Thailand is a hub for exceptional marketing talent. SMARTIES is not just about winning awards; it’s about pushing boundaries and setting global standards. With the launch of our new SMARTIES Sonic logo this year, we are redefining how the SMARTIES brand resonates and engages with audiences around the world, marking a new era of recognition and innovation”.

Winning a SMARTIES award brings more than recognition. Winners gain a competitive edge, credibility, and an impact on prestigious rankings, such as the MMA SMARTIES Business Impact Index, RECMA, and the WARC Media 100.

About MMA Global: MMA Global is the leading global trade association for marketers, providing essential resources and expertise to empower marketers to navigate the complex world of Marketing. With a commitment to driving innovation and effectiveness, MMA Global plays a pivotal role in shaping the future of marketing.

SMARTIES: SMARTIES is the prestigious marketing awards program hosted by MMA Global, recognizing excellence in Marketing. The SMARTIES Awards celebrate the most innovative and impactful campaigns that push the boundaries of creativity and drive measurable business impact in today’s dynamic landscape.

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SOURCE MMA Global APAC

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Redefining the Standard of Care: Introducing the Aulisa® Monitor Camera for Advanced Patient Monitoring

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PALO ALTO, Calif., Nov. 22, 2024 /PRNewswire/ — Aulisa® Medical USA, Inc., a leader in FDA-cleared, wearable, wireless continuous vital sign monitoring technology, proudly announces the launch of the Aulisa® Monitor Camera, an innovative solution designed to revolutionize patient care in both hospital and home settings. Seamlessly integrating with the Aulisa® Vital Signs Monitoring System, this advanced camera offers caregivers and healthcare professionals enhanced monitoring capabilities and peace of mind.

Redefining the Standard of Care
Hospitals constantly balance delivering exceptional patient care with managing operational costs. The Aulisa® Monitor Camera redefines patient monitoring by providing advanced, centralized solutions that enhance clinical and operational excellence. Designed to optimize patient care, the Aulisa® Monitor Camera integrates with the Centralized Multiple Patient Monitoring (CMPM) System, enabling simultaneous, wireless monitoring of oxygen saturation (SpO2), pulse rate, and body temperature across multiple patients from a centralized nursing station. With a simple app, the Aulisa® Monitor Camera can be integrated into a CMPM. In addition to monitoring a patient’s vital signs, caregivers and family members (such as parents of an infant) can also view the patient’s image and hear their voice. This feature is especially important in specific situations, such as for parents of an infant in the NICU.

This transformative approach eliminates cumbersome wires, streamlines operations, and ensures timely interventions, ultimately improving patient outcomes, enhancing safety standards, and optimizing workflow efficiency while driving significant cost savings and financial performance for healthcare facilities. With a steadfast commitment to compassionate, data-driven care and innovative solutions, Aulisa® Medical is advancing patient health and redefining healthcare excellence, one patient at a time.

Advanced Features for Comprehensive Care
The Aulisa® Monitor Camera offers crystal-clear 2K resolution with night vision, ensuring high-quality visuals day and night. Its two-way audio and human tracking features enable real-time communication and automated movement monitoring, while effortless Wi-Fi integration allows for quick and simple setup via mobile or web devices. With dual functionality as a standalone home surveillance camera, the Aulisa® Monitor Camera delivers unmatched flexibility for various care scenarios.

Engineered for Hospital Excellence
Designed with hospitals and patients in mind, the Aulisa® Monitor Camera addresses the unique demands of modern healthcare settings. From NICUs to patient rooms, it offers caregivers the ability to remotely monitor patients with visual, audio, and motion tracking capabilities. This streamlines workflows, enhances safety, and allows providers to focus on delivering compassionate care while staying equipped with FDA-cleared technology.

Founder’s Vision
“Introducing the Aulisa® Monitor Camera is a natural extension of our mission to enhance patient care and empower healthcare professionals,” said Augustine (Augie) Lien, founder and CEO of Aulisa Medical USA, Inc. “We strive to provide innovative solutions that bring peace of mind to caregivers and families alike. By delivering FDA-cleared technology with seamless functionality, we’re making it easier to ensure safety, connectivity, and exceptional care in every setting.”

Why Choose Aulisa®?
The Aulisa® Monitor Camera enhances efficiency by enabling remote monitoring, reducing physical check-ins, and providing reliable, FDA-cleared technology trusted by healthcare professionals worldwide. It is now available for purchase by healthcare facilities, caregivers, and families.

To learn more about the Aulisa Monitor Camera, the Guardian Angel® CMPM System and other Aulisa Medical products, visit:

www.aulisa.com/products/aulisa-monitor-camerawww.aulisa.com/products/cmpmwww.aulisa.com/collections/guardian-angel-remote-gateway-systems

About Aulisa Medical
Based in Silicon Valley, Aulisa® Medical is a leading medical technology company founded by serial medical technologies entrepreneur, Augustine (Augie) Lien. The company specializes in developing wireless, wearable monitoring systems that provide continuous, cloud-based vital sign data in both clinical and home environments. Through the development of new healthcare innovations, Aulisa® continues to grow the application of digital health technologies that empower both consumers and healthcare providers, incorporating Artificial Intelligence (AI) technologies that can detect adverse events and potentially save lives.

Media Contact:
Kyle Thompson, Vice President of Sales & Marketing
Email: kyle.thompson@aulisa.com
Direct: (650) 387-0001
www.aulisa.com

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SOURCE Aulisa Medical USA, Inc.

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Redefining Financial Frontiers: Nucleus Software Celebrates 30 Years with Synapse 2024 in Singapore

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SINGAPORE, Nov. 23, 2024 /PRNewswire/ — The thriving IndiaSingapore partnership in banking and technology reached a new milestone as Nucleus Software celebrated 30 years of transformative innovation at Synapse 2024, held in Singapore. The event underscored the company’s role in redefining financial services across Southeast Asia (SEA) and the globe, bringing together leaders in finance and technology to explore a shared vision for the future of banking.

Synapse 2024 celebrated 30 years of Nucleus Software’s leadership in driving transformative change across Singapore and Southeast Asia’s financial ecosystem. The event also shone a spotlight on the Global Finance & Technology Network (GFTN), an initiative supported by the Monetary Authority of Singapore (MAS) to champion responsible technology adoption. The event highlighted the deepening synergies between India and Singapore, driven by their shared commitment to innovation, cross-border collaboration, and financial inclusion. As the financial services sector undergoes rapid evolution with advancements in artificial intelligence, blockchain, and digital banking, these partnerships are setting the stage for a more connected, resilient, and inclusive global ecosystem.

Vishnu R. Dusad, Co-founder and Managing Director of Nucleus Software, reflected on the milestone: “For over 30 years, we’ve had the privilege of aligning our journey with Singapore’s ascent as a global financial powerhouse. Back in 1994, when we chose to go East instead of West, it was a bold and emotional decision—guided by our belief in Singapore as a hub for innovation and collaboration. We saw then what remains true today: Singapore is at the heart of the global financial landscape, a place where new ideas take root, and partnerships thrive.”

The event brought together a distinguished array of participants, highlighting the transformative potential of IndiaSingapore collaboration. Mr. Piyush Gupta, CEO of DBS Group and the Guest of Honor, set the tone for the event with his opening remarks, emphasizing the transformative role of big tech in reimagining scalable, customer-centric financial services in the digital age.

Following his address, key speakers enriched the discussions with their insights. Mr. Sopnendu Mohanty, Chief Fintech Officer at the Monetary Authority of Singapore and Group CEO-Designate of The Global Finance & Technology Network (GFTN), underlined the importance of fostering responsible technology adoption and building inclusive financial ecosystems. Mr. Vinod Rai, globally respected public policy expert, Distinguished Visiting Research Fellow at the National University of Singapore, and former Comptroller and Auditor General of India, shared his perspectives on governance and policy frameworks in financial systems. Mr. S.M. Acharya, Chairman of Nucleus Software and former Defence Secretary of India, offered a visionary outlook on leveraging technology to modernize and secure banking frameworks. Finally, Mr. Pieter Franken, Co-founder and Director of GFTN (Japan), a global FinTech pioneer and deep tech innovator, discussed the future of decentralized finance and its implications for the financial sector.

The event showcased the transformative role of technology in global financial systems, emphasizing innovations that set benchmarks for scalability and inclusivity. Panelists discussed the importance of localized solutions, the challenges of cross-border integration, and leveraging dual business models to optimize capital and foster public participation. The dialogue highlighted the need for common standards, unified frameworks like APIs, and collaborative efforts to accelerate financial inclusion and drive global connectivity in the digital age.

For 30 years, Nucleus Software has consistently introduced advanced lending and banking solutions that support financial institutions’ evolving needs in Singapore and South East Asia. Driven by lean development methodologies like Acceptance Test-Driven Development (ATDD) and Continuous Integration/Continuous Delivery (CICD), Nucleus Software continues to push boundaries in efficient, flexible, and secure financial technology.

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Logo: https://mma.prnewswire.com/media/2565373/Nucleus_Software_Logo.jpg

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