North America to dominate the Global Tonometer Market till 2026
Increasing prevalence of myopia and hypertension is expected to drive the demand for global tonometer market in the forecast period.
According to TechSci Research report, “Global Tonometer Market By Product (Applanation Tonometry, Indentation Tonometry, Rebound Tonometry, Others) By Portability Type (Desktop v/s Handheld) By Technology (Probe Based, Electronic, Pneumatic Tonometer) By End User (Hospitals & Clinics, Ophthalmic Centers, Others) By Company, By Region, Forecast & Opportunities, 2026”, The global tonometer market is expected to witness steady growth for the upcoming five years. Tonometer is a medical device which is used to determine the pressure of fluid present in the eye. Tonometer is a kind of diagnostic test which is used for detection of medical condition glaucoma. Glaucoma is a medical condition in which there is excess fluid present within the eye and damages the optic nerve present in the eye. Rise in people suffering from diabetes and glaucoma is expected to fuel the market growth. Surging number of glaucoma screening programs organized by private, semi-private, and public healthcare sector is expected to drive the demand for tonometer.
The COVID-19 outbreak across the world which has been declared as pandemic by World Health Organization has affected several countries adversely. Leading authorities-imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus. Coronavirus affected patients started suffering from shortness of breath along with coughing and sneezing. Leading authorities increased the capacity of hospitals as a greater number of patients were getting affected daily and getting admitted into the hospital facilities. Majority of resources and focus were paid on emergency healthcare services and non-essential healthcare services were temporarily postponed. Visit to hospitals or ophthalmic centers were reduced and disruption in supply chain led to tonometer market decline.
However, use of contact tonometer may raise the risk of infection on patients which is expected to restrain the market growth.
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Global tonometer market is segmented into product, portability type, technology, end user, regional distribution, and company. Based on product, market is further divided into applanation tonometry, indentation tonometry, rebound tonometry, and others. The applanation tonometry segment is expected to hold major market share for the forecast period, 2022-2026. It is a kind of test which measures the fluid pressure in the eye and used in the diagnosis of glaucoma. There are three kinds of applanation tonometer namely non-contact tonometer, goldmann applanation tonometer and ocular response tonometer. The test includes slit lamp is equipped with forehead and chin support, and a small and flat tipped cone which comes in contact with the patient’s cornea. Based on end user, market is further fragmented into hospitals & clinics, ophthalmic centers, and others. The hospitals & clinics end user segment is expected to dominate the tonometer market. Increase in the number of hospital and clinics along with availability of advanced equipment and treatment facilities and skilled healthcare professionals in the hospital is expected to boost the demand for tonometer world-wide. Supportive government policies and increasing patient in-flow into the hospital facilities is contributing to raise the market growth. Based on portability type, market can be bifurcated into desktop and handheld. The handheld portability type segment is expected to account for major market share for the next five years. Improved patient comfort and convenience along with the facility of portability is expected to foster the market demand. Handheld devices are cost-effective and have ergonomic design which is further boosting the demand of this segment.
Keeler Ltd., Topcon Corporation, Kowa American Corporation, NIDEK CO., LTD., Carl Zeiss AG, Canon Medical Systems USA, Inc., Tomey Corporation, Reichert Technologies (Amtek, Inc.) are the leading players operating in global tonometer market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several tonometer manufacturers are coming up with their technologically advanced offerings.
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“High-end investments by major for technical advancements to upgrade the existing infrastructure of tonometer to obtain accurate intraocular pressure as any chances of error can lead to ineffective treatment of patients is expected to accelerate the tonometer market growth. Development of tonometer suitable for different clinical applications such as surface irregularities and abnormal corneal thickness is influencing the market growth. Also, the preference shift of consumers towards non-invasive treatment to ensure faster recovery and effective treatment is expected to propel the market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Tonometer Market By Product (Applanation Tonometry, Indentation Tonometry, Rebound Tonometry, Others) By Portability Type (Desktop v/s Handheld) By Technology (Probe Based, Electronic, Pneumatic Tonometer) By End User (Hospitals & Clinics, Ophthalmic Centers, Others) By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of global tonometer market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of global tonometer market.
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