Research Nester published a report titled “Ophthalmic Tonometers Market: Global Demand Analysis & Opportunity Outlook 2036” which delivers detailed overview of the global ophthalmic tonometers market in terms of market segmentation by product type, technology, modality, end user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global ophthalmic tonometers market is anticipated to grow with a CAGR of ~5% during the forecast period, i.e., 2024-2036. The market is segmented by modality into the desktop and handheld. Out of these, the handheld segment is anticipated to garner the largest revenue by the end of 2031 backed by improved patient comfort, enhanced portability, and accessibility, as well as innovative product launches by manufacturers. For instance, in March of 2021, iCare launched the next generation of self-tonometers, called HOME2.
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The global ophthalmic tonometers market is estimated to garner revenue of USD 450 Million by the end of 2036, up from revenue of USD 300 Million in the year 2021. Increasing prevalence of eye disorders such as low vision, blindness, and glaucoma disease, rise in the geriatric population, increasing cases of diabetes, along with rising awareness of eye care among the population are some of the major factors anticipated to drive the growth of the market during the forecast period.
Geographically, the global ophthalmic tonometers market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in North America is projected to garner the largest revenue by the end of 2036. An increase in healthcare facilities, the growing importance of eye care, rising per capita income, as well as a rise in eye injuries, are expected to drive the market in the region during the forecast period. It was observed that every year, approximately 2.5 million eye injuries occur in the United States.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Increasing population of elderly Worldwide to Drive the Market Growth
In 2021, 747,238,580 people over the age of 60 lived in the world, according to a World Bank report.
A growing number of elderly people around the world are suffering from eye disorders, such as vision impairment and glaucoma. Furthermore, the aging population as well as diabetics are more vulnerable to developing eye-related disorders as they become older, which in turn is expected to fuel the global ophthalmic tonometer market growth in the period of the forecast.
However, high price associated with tonometry is expected to operate as key restraint to the growth of global ophthalmic tonometers market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global ophthalmic tonometers market which includes company profiling of Takagi Ophthalmic Instruments Europe Ltd., C&VTech Inc., iCare, Topcon Positioning Systems, Inc., Accutome Inc., OCULUS INC., Reichert, Inc., NIDEK CO., LTD., Rexxam Co., Ltd., AMETEK Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global ophthalmic tonometers market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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https://www.researchnester.com/reports/ophthalmic-tonometers-market/4310
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