Prominent Takeaways from this Report
- Benefits of corneal pachymetry will drive market growth.
- Non-handheld segment to witness highest product share in the corneal pachymetry market.
- 44% of the market growth will originate from North America with the US holding the largest country share.
- Corneal pachymetry market is highly competitive and fragmented with vendors deploying innovative strategies to continue maintaining and expanding their customer base.
- The market is anticipated to have positive & superior impact due to the COVID-19 pandemic.
View Technavio's 120-page research report with ToC on "Corneal Pachymetry Market by Product (non-handheld and handheld), Application (refractive surgery and glaucoma diagnosis), Geography (North America, Europe, Asia, and ROW) and Vendor Forecasts, 2021 - 2025"
https://www.technavio.com/report/corneal-pachymetry-market-size-industry-analysis
Corneal Pachymetry Market: Driver and Trend Analysis
There has been an increasing demand for non-invasive corneal tests among ophthalmology clinics, hospitals, and diagnostics centers. These tests non only offer detailed images of cornea but also minimize patient morbidity and mortality rates. In addition, non-invasive cornea diagnostic tests such as corneal pachymetry, corneal topography, and tonometry can also perform an early diagnosis. These benefits are expected to drive the corneal pachymetry market growth during the forecast period.
Vendors in the market are focusing on introducing advanced pachymetry techniques for cornea diagnostics. Furthermore, the market participants have started leveraging cost-effective alternatives of confocal microscopy such as ultrasound pachymetry The development of handheld ultrasound pachymeters using ultrasound sources to measure CCT by the market players has further driven the sales of corneal pachymetry test devices.
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Corneal Pachymetry Market: Segmentation Analysis
This market research report fragments the global corneal pachymetry market by product (non-handheld and handheld), application (refractive surgery and glaucoma diagnosis), geography (North America, Europe, Asia, and ROW).
The non-handheld product segment held the largest corneal pachymetry market share in 2020. The integration of patient data management systems in non-handheld pachymeter devices and their portability feature will boost the growth of the non-handheld market segment during the forthcoming years.
In terms of geographical outlook, 44% of the market's growth will originate from North America during the forecast period. The rising healthcare expenditure, particularly, in the US will lead to the corneal pachymetry market growth in the region.
Corneal pachymetry Market: Vendor Analysis
The corneal pachymetry market is highly competitive and fragmented. Several players in the market striving to provide superior products by differentiating them either based on quality or service. Vendors are deploying various organic and inorganic growth strategies to survive market competition. This report classifies key market players as dominant, pure-play and industry-focused players to offer effective investment opportunities and allow clients to make informed decisions. Prominent corneal pachymetry market players include:
- AMETEK Inc.
- Carl Zeiss AG
- DGH Technology Inc.
- Echo Son SA
- Escalon Medical Corp.
- Keeler Ltd.
- Konan Medical USA Inc.
- Menicon Co. Ltd.
- MicroMedical Devices Inc.
- OCULUS Optikgerate GmbH
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Corneal Pachymetry Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist corneal pachymetry market growth during the next five years
- Estimation of the corneal pachymetry market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the corneal pachymetry market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of corneal pachymetry market vendors
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