Ophthalmic Tonometer Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030

The global market value of ophthalmic tonometer was valued at USD 250.1 million in 2022, and a CAGR of 4.5% is expected during the forecast period. An ophthalmic tonometer is used by eye-care professionals to measure the intraocular pressure of the eyes. It is useful in measuring conditions like glaucoma. These are of three types: the applanation tonometer, the non-contact tonometer, and the tactile tonometer. The increasing number of eye patients all over the world is driving significant growth in the market.

Increasing demand for these devices in eye-clinic centers and hospitals is one of the factors driving significant growth in the market. Increasing awareness among the population about the early diagnosis of diabetes is driving significant growth in the market. Rising exports of ophthalmic instruments worldwide are driving growth in the market.

Growth Drivers

The increasing prevalence of glaucoma, which requires regular monitoring of intraocular pressure and is becoming more prevalent globally, is driving the demand for tonometer. With an aging population worldwide, the incidence of age-related eye conditions such as glaucoma and ocular hypertension is rising, leading to higher demand for diagnostic tools like tonometer, which is driving growth in the market. Continuous advancements in tonometry technology, such as improvements in accuracy, ease of use, and patient comfort, are driving significant growth in the market.

Increased healthcare spending globally, particularly in emerging economies, is driving growth in the market. Increased awareness about eye health and the implementation of screening programs are driving growth in the market. Integration of tonometry devices with telemedicine platforms is driving significant growth in the market. There is an increasing number of eye patients due to several other factors, like damage to the optic nerve, family history of certain medical conditions like diabetes, and ethnic background. Vascular factors, autoimmune processes, and mechanical factors do also play a big role in the significant expansion of the market.

Segmentation

Modality

·         Desktop

·         Handheld

Product Type

·         Applanation

·         Pascal Dynamic Contour

·         Rebound

·         Indentation Tonometer

By Technology

·         Probe Based

·         Electronic

·         Pneumatic

By End-User

·         Hospital

·         Ophthalmic Diagnostic Center

·         Others

Regional Outlook

·         Asia Pacific

·         North America

·         Europe

·         Middle East and Africa

·         Latin America

Ophthalmic Tonometer Market by Modality Segmentation

On the basis of the modality, the ophthalmic tonometer market was segmented by desktop and handheld. Desktops are the leading segment and are expected to grow significantly during the forecast period because of their precision and reliability in measuring intraocular pressure. Desktop tonometer are preferred due to their accuracy and reliability in measuring intraocular pressure.

Their accuracy and reliability are crucial for measuring glaucoma and managing it. The increasing number of chronic diabetic patients is driving growth in the market. Increasing glaucoma patients are driving this market towards big success. The increasing number of hospitals, ophthalmic centers, and eye care centers is driving the growth of the market. Rising healthcare expenditures are also driving the growth of the market significantly.

Ophthalmic Tonometer Market by End-User Segmentation

On the basis of the end-user, the ophthalmic tonometer market is segmented into hospitals, ophthalmic diagnostic centers, and others. Hospitals are the leading segment and are expected to dominate during the forecast period. Hospitals handle a wide range of eye-related conditions, and surgeries require accurate intraocular pressure measurements that tonometer provide. Ophthalmic diagnostic centers also provide patients with the facility for specific eye examinations rather than offering comprehensive treatments; hence, hospitals tend to dominate the market.

Ophthalmic diagnostic centers are the second-leading segment in the market due to their specialization in comprehensive eye examinations and diagnostic centers. Increasing demand for advanced diagnostic tools is fulfilled by these centers, which are also providing efficient treatment. Patients usually visit these centers for routine eye checkups, screenings, and special diagnostics. The increasing number of patients suffering from glaucoma is driving growth in the market. The increasing number of chronic diabetes patients is driving growth in the ophthalmic treatment market. Increasing demand for efficient treatment is driving the demand for the ophthalmic tonometer market.

Regional Outlook

On the basis of the regions, the ophthalmic tonometer market is segmented into 5 types: Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. Asia Pacific is the leading segment in the ophthalmic tonometer market and is expected to dominate during the forecast period. The United States and Canada have a well-developed healthcare system with high investment in advanced medical technologies. This supports the adoption of advanced diagnostic tools like the ophthalmic tonometer. The region has a significant population suffering from eye diseases. Patients suffering from glaucoma and ocular hypertension are the key reasons behind the significant growth during the forecast period.

Companies in North America and Asia Pacific are often at the forefront of developing and commercializing new technologies in medical devices. The increasing aging population in the region is the key factor behind the significant growth in the market. The market is driven by the increasing prevalence of glaucoma and other eye diseases, advances in technology for more accurate measurement, and growing awareness about eye health. European countries like Germany, Italy, Spain, and France, which have the best health infrastructure worldwide, are witnessing significant growth in the market. Due to an increasingly aging population, the market is witnessing rapid growth in glaucoma patients.

Increasing investment in healthcare expenditures is driving growth in the market. Rising disposable income all over the world is the key factor behind people opting for the best treatment options on the market. Governments and healthcare organizations in Europe emphasize early detection, and treatment of eye diseases through regular screening programs is driving growth in the market. Growing awareness among healthcare professionals and patients about the importance of regular eye check-ups and the benefits of early diagnosis fuels market growth. The Middle East, Africa, and Latin America are witnessing moderate growth in the market due to poor healthcare expenditure and the unawareness of people about eye check-ups and eye care. Countries like South Africa, Egypt, Israel, and the United Arab Emirates are witnessing growth in the market.

Key Players

·         ICARE FINLAND OY

·         Nidek Co. Ltd.

·         Topcon Positioning Systems Inc.

·         C&Vtech Inc.

·         Takagi Ophthalmic Instruments Europe Ltd.

·         Kowa American Corporation

·         Reichart Inc.

·         Rexxam Co. Ltd.

·         OCCULUS optikgerate GmbH

·         Other Players