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2021
Ophthalmic Perimeter Market

Ophthalmic Perimeter Market by Product (Static, Kinetic, and Combination), Application (Dry Eye, Cataract, Glaucoma, and Others), and End User (Hospitals, Ophthalmic Clinics, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A13063
Pages: 202
Aug 2021 | 1038 Views
Author(s) : Sushant Terdale , Onkar Sumant
Tables: 120
Charts: 26
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COVID-19

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Ophthalmic Perimeter Market Report Overview 2030

The global ophthalmic perimeter market size was valued at $379 million in 2020, and is projected to reach $601 million by 2030, registering a CAGR of 4.6% from 2021 to 2030. Ophthalmic perimeter is an ocular device used to measure the visual field of the eye to diagnose numerous eye conditions such as glaucoma, cataract, and dry eyes. The ophthalmic perimeter helps to evaluate the visual field by using distinct corners & intensities to measure the sensitivity. In addition, the device detects the pathological modifications in the visual field of a person.  

Increase in geriatric population; surge in prevalence of eye diseases such as glaucoma, cataract, and macular degeneration; rise in demand for ophthalmic perimeter; and increase in investment in R&D activities by various healthcare companies to develop novel ophthalmic perimeter device are the key driving forces that drive the growth of the global ophthalmic perimeter market. In addition, increase in awareness about healthcare to prevent the risk of ophthalmic diseases and rise in initiatives taken by key manufactures for development & manufacturing of ophthalmic perimeter propel the growth of the market. Moreover, surge in adoption of ophthalmic perimeters in hospitals and ophthalmic clinics and technological advancements in ophthalmic perimeter devices foster the growth of the market. However, lack of access in underdeveloped countries is expected to restrain the growth of the ophthalmic perimeter market. Conversely, high growth potential in emerging markets is expected to offer lucrative opportunities for market expansion during the forecast period.

Ophthalmic Perimeter Market

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The World Health Organization (WHO) on January 30, 2020 declared COVID-19 outbreak a public health emergency of international concern. COVID-19 has affected around 210 countries across the globe. The implementation of lockdown due to COVID-19 outbreak has delayed the treatment for ophthalmic disorder up to six months to one year, thereby having a minimal negative impact on the market. Owing to COVID-19 pandemic, many hospitals across the globe were restructured to increase the hospital capacity for patients diagnosed with COVID-19. This led to cancellation of many primary investigation and nonessential surgical procedures for eye diseases such as cataract and glaucoma. Thus, COVID-19 pandemic is likely to have a negative impact on the growth of the overall ophthalmic perimeter market.

Ophthalmic Perimeter Market
By Product

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Static segment is projected as one of the most lucrative segment.

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Ophthalmic Perimeter Market Segmentation  

The ophthalmic perimeter market is segmented into product, application, end user, and region. On the basis of product, the market is categorized into static, kinetic, and combination. The static segment is further segmented into hospitals, ophthalmic clinics, and others. The kinetic segment is further segregated into hospitals, ophthalmic clinics, and others. The combination segment is further divided into hospitals, ophthalmic clinics, and others. The applications covered in the study include dry eye, cataract, glaucoma, and others. Depending on end user, the market is fragmented into hospitals, ophthalmic clinics, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

Segment review 

On the basis of product, the static segment is the major revenue contributor, and is projected to grow significantly during the forecast period. Rise in demand for advanced early diagnostic techniques, favorable reimbursement scenarios for ophthalmic disease diagnosis & treatment, and surge in lifestyle & age-associated ophthalmic diseases such as glaucoma and cataract are the major factors that drive growth of the segment. In addition, increase in number of ophthalmic perimeter manufacturers, high adoption rate for advanced ophthalmic perimeter technologies, and effective usage of static ophthalmic perimeter for visual field testing in children’s with glaucoma augment the growth of the segment.

Ophthalmic Perimeter Market
By End User

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Ophthalmic clinics segment held a dominant position in 2020 and will continue to maintain the lead over the forecast period.

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By end user, the ophthalmic clinics segment is the major shareholder in the ophthalmic perimeter market, owing to surge in number of ophthalmic clinics with availability of novel ophthalmic perimeter devices and surge in geriatric population (as this population is more prone to various ophthalmic diseases). In addition, rise in number of ophthalmic clinics showing an inclination toward advanced ophthalmic perimeter devices and rise in number of initiatives taken by government to increase awareness among public regarding ophthalmic diseases foster the growth of the market.  

Snapshot of Asia-Pacific ophthalmic perimeter market  

Asia-Pacific presents lucrative opportunities for key players operating in the ophthalmic perimeter market, owing to increase in number of initiatives and enhanced investments from governments for overall R&D of ophthalmic perimeter and rise in number of product approvals. In addition, ongoing innovations in ophthalmic perimeter, availability of advanced healthcare systems, and significant surge in demand for advanced healthcare facilities contribute toward growth of the market. Moreover, surge in focus of leading manufacturers on expanding their geographical presence in emerging Asia-Pacific countries to capture high market share is expected to drive growth of the ophthalmic perimeter market in the region.

Ophthalmic Perimeter Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit the highest CAGR of 5.3% during 2021-2030.

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List Of Key Companies

  • Carl Zeiss AG
  • Heidelberg Engineering GmbH
  • Konan Medical USA, Inc.
  • Kowabo Company, Ltd.
  • Metall Zug AG (Haag-Streit AG)
  • Metrovision, Nidek Medical Products, Inc.
  • Optopol Technology Sp. z.o.o., Takagi Seiko Co., Ltd.
  • Topcon Corporation

Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the ophthalmic perimeter market size along with the current trends and future estimations to elucidate the imminent investment pockets.
  • It covers the details about market analysis from 2020 to 2030, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
  • A comprehensive analysis of four regions is provided to determine the prevailing opportunities.
  • The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global ophthalmic perimeter market growth.

Key Market Segments

By Product

  • Static
    • Hospitals
    • Ophthalmic Clinics
    • Others
  • Kinetic
    • Hospitals
    • Ophthalmic Clinics
    • Others
  • Combination
    • Hospitals
    • Ophthalmic Clinics
    • Others

By Application

  • Dry Eye
  • Cataract
  • Glaucoma
  • Others

By End User

  • Hospitals
  • Ophthalmic Clinics
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China 
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

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Rise in geriatric population susceptible to optical disorders, increase in numbers of ophthalmologists, and availability of static perimeters are boosting the growth of ophthalmic perimeters market.

The factors such as increase in prevalence of eye-related diseases, favorable reimbursement scenarios, increase in public awareness about prevention, timely treatment of ophthalmic disorders, and increase in demand for technologically advanced ophthalmic perimeter devices serve as the key driving forces of the ophthalmic perimeter market. Moreover, rise in R&D expenditure in the medical device industry and increase in government-related initiatives & programs regarding the availability of ophthalmic diseases treatment procedures supports the market growth. However, lack of access to eye care services in underdeveloped countries is expected to restrain the growth of the market.

 

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FREQUENTLY ASKED QUESTIONS?

A. Static segment is the most influencing segment owing to rise in demand for advanced early diagnostic techniques, favorable reimbursement scenarios for ophthalmic disease diagnosis & treatment, and surge in lifestyle and age-associated ophthalmic diseases such as glaucoma and cataract, drives the market growth.

A. Increase in geriatric population, surge in prevalence of eye disease such as glaucoma, cataract, macular degeneration and others, surge in demand of ophthalmic perimeter, and increase in investment in R&D activities by various healthcare companies to develop novel ophthalmic perimeter device are the key factors that drive the growth of the global ophthalmic perimeter market. In addition, increase in awareness about healthcare to prevent the risk of ophthalmic diseases, and rise in initiatives taken by key manufactures for development & manufacturing of ophthalmic perimeter propel the growth of the market.

A. Asia-Pacific has the highest growth rate in the market which is growing due to increase in number of initiatives and enhanced investments from governments for overall R&D of ophthalmic perimeter and rise in number of product approvals. In addition, ongoing innovations in ophthalmic perimeter, availability of advanced healthcare systems, and significant surge in demand for advanced healthcare facilities contribute toward growth of the market.

A. The market value of Ophthalmic Perimeter market in 2021 is $399.6 million.

A. Top companies such as Metall Zug AG (Haag-Streit AG), Topcon Corporation, Carl Zeiss AG, Heidelberg Engineering GmbH, Metrovision, Konan Medical USA, Inc., and Kowabo Company, Ltd held a high market position in 2020. These key players held a high market postion owing to the strong geographical foothold in different regions.

A. The total market value of Ophthalmic Perimeter market is $379.1 million in 2020.

A. The forcast period for Ophthalmic Perimeter market is 2021 to 2030

A. The base year is 2020 in Ophthalmic Perimeter market

A. Ophthalmic perimeter is a medical device used to measure the visual fields of human eyes.

A. Ophthalmic perimeters can help in the detection of any visual diseases in human eyes by testing the sensitivity of light.

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