The Global Tonometry Market reached a value of approximately US$ 307.6 million by the end of 2021. It is expected to exhibit a compound annual growth rate (CAGR) of 5.5% and reach a valuation of US$ 524.4 million by 2032.
The widespread adoption of applanation Tonometry in healthcare facilities, along with the increasing prevalence of glaucoma, is driving the growth of the Tonometry industry.
Tonometry is a portable medical device used to measure the intraocular pressure and fluid pressure in the eye. It consists of flat-tipped probes with a gentle metal plunger that is applied to the surface of the eye. This diagnostic tool is used to evaluate individuals at risk of developing glaucoma, a condition that can potentially lead to optic nerve damage and blindness in severe cases. Tonometers offer advantages such as reduced risk of infection and corneal abrasions, and they do not require the use of fluorescein dye or topical anesthetics.
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Advent of Telehealth and Virtual Care to Create Tailwind for the Tonometry Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Tonometry market.
Key Tonometry Market Takeaways and Projections
- The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
- Germany Tonometry market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
- China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
- India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
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Report Benefits & Key Questions Answered
- Tonometry Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Tonometry market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
- Tonometry Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Tonometry market. As per the survey, Tonometry sales will project steady growth over the forecast period.
- Tonometry Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Tonometry market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
- Tonometry Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Tonometry market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Tonometry market.
Some of the prominent market players are profiled by FMI are:
Topcon Corporation, Oculus Inc., Keeler Ltd., iCare Medical Inc., Reichert Technologies, Rexxam Co., Ltd., Nidek Medical India Pvt. Ltd., Haag-Streit, Tiolet, Accutome, Canon, Huvits, Kowa, Suoer, Tomey, 66 Visiom-Tech
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Key Segments Covered in the Tonometry Industry Survey
By Technology:
- Applanation Tonometer
- Goldmann and Perkins’s applanation Tonometry
- Non-contact tonometer
- Ocular Response Analyzer
- Rebound tonometer
- Indentation tonometer
By Portability:
- Desktop
- Handheld
By Type:
- Direct
- Indirect
By End User:
- Ophthalmic Diagnostic Centers
- Hospitals
- Others
Region
- North America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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