Tonometer Market Size Worth $483.6 Million By 2026 Due To Rapidly Increasing Geriatric Population And Improving Life Expectancy | Grand View Research, Inc.

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Tonometer Market Size Worth $483.6 Million By 2026 Due To Rapidly Increasing Geriatric Population And Improving Life Expectancy | Grand View Research, Inc.

April 15
06:54 2021
Tonometer Market Size Worth $483.6 Million By 2026 Due To Rapidly Increasing Geriatric Population And Improving Life Expectancy | Grand View Research, Inc.

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According to a new report published by Grand View Research, the growing geriatric population and an increasing number of diabetic patients is a significant driver for the global tonometer market. Also, the COVID-19 pandemic heavily impacted the tonometer market as the visits to ophthalmic centers were reduced and only emergency cases were admitted to the hospitals.

The global tonometer market size is anticipated to reach USD 483.6 million by 2026, registering a CAGR of 5.3% over the forecast period. A tonometer is a device that measures the intraocular pressure or the pressure of the fluid inside the eye. Tonometry is a form of diagnostic test that is used to diagnose glaucoma. Glaucoma is an eye condition caused by damage to the optic nerve. The increasing prevalence of diabetes around the world is the most important factor driving the tonometer market. According to studies, diabetic patients are most likely to develop glaucoma as diabetes raises the risk of glaucoma by 36%. Furthermore, according to a study published in the American Academy of Ophthalmology, the global prevalence of glaucoma in patients aged 40 to 80 years is expected to reach 111.8 million by 2040.

The use of tonometers in hospitals and clinics is likely to be aided by advantageous payment programs, and the industry is expected to be driven by increasing patient consciousness about early diagnosis and routine monitoring of intraocular pressure (IOP) to prevent avoidable vision loss. 

Tonometer Market Report Highlights

 On the basis of type, the applanation segment accounted for the largest market share, as it has been the standard method of calculating IOP for more than 50 years. However, its use has declined in recent years due to its inaccuracy in calculating IOP in patients with irregular corneas, such as dense or thin corneas.

Based on portability, the handheld tonometer held the largest market share in 2018 and is expected to grow at a steady rate over the forecast period owing to the factors such as ergonomic design and affordable prices.

On the basis of end-use, the ophthalmic clinics’ segment had the highest market share in 2018 and is projected to continue its dominance over the forecast period. The segment’s growth is projected to be fueled by a large patient population, the availability of technologically innovative technologies, and qualified professionals.

In October 2020, Tomey launched a non-contact tonometer that combines soft air-puff tonometry with the central corneal thickness (CCT) for correct intraocular pressure (IOP).

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Tonometer Market Segmentation

Grand View Research has segmented the global tonometer market on the basis of type, portability, end use, and region:

Tonometer Type Outlook (Revenue, USD Million, 2015 – 2026)

     Applanation tonometer
        • Goldmann and Perkins applanation tonometry
        • Non-contact tonometer
        • Ocular Response Analyzer
     Rebound tonometer
     Indentation tonometer
     Pascal Dynamic Contour Tonometer

Tonometer Portability Outlook (Revenue, USD Million, 2015 – 2026)

     Desktop
     Handheld

Tonometer End-use Outlook (Revenue, USD Million, 2015 – 2026)

     Hospitals
     Ophthalmic centers
     Others

Tonometer Regional Outlook (Volume, Units; Revenue, USD Million, 2015 – 2026)

     North America
        • The U.S.
        • Canada
     Europe
        • Germany
        • The U.K.
        • Spain
        • Italy
        • France
        • Russia
        • Netherlands
        • Turkey
        • Switzerlands
        • Poland
     Asia Pacific
        • China
        • India
        • Japan
        • Indonesia
        • South Korea
        • Thailand
        • Taiwan
        • Hong Kong
        • Philippines
        • Malaysia
     Latin America
        • Brazil
        • Mexico
        • Argentina
        • Chile
     Middle East & Africa
        • Saudi Arabia
        • UAE
        • Iran
        • South Africa

List of Key Players of Tonometer Market

    • Keeler Ltd
    • Topcon Corporation
    • Icare Finland Oy
    • AMTEK, Inc. and Reichert, Inc.
    • OCULUS
    • Kowa American Corporation
     Ziemer Ophthalmic Systems
    • NIDEK CO., LTD.

Speak to Analyst @ https://www.grandviewresearch.com/inquiry/6938/ibb

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About Grand View Research

Grand View Research is a U.S. & India-based market research and consultancy firm. It is headquartered in San Francisco. We provide business insights, syndicated research reports, and customized research reports to large as well as small and medium-scale enterprises. Our database features thousands of statistics and in-depth analyses on more than 45 industries. Grand View Research’s extensive database is used by Fortune 500 companies to understand the regional as well as the global business environment.

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