Increasing geriatric populationsignificantly supports the growth of tonometers market
Global tonometersmarket is driven by various factors, the foremost of which is increasinggeriatric population. It is mostly detected among people aged 60 years andabove. Moreover, chronic eye disorders also assist in driving the demand fortonometers. Glaucoma is also found as an inherited disorder; hence people withfamily history of glaucoma also fall under the target population of the globaltonometers market. However, there are some limitations pertaining totonometers. For instance, Goldmann applanation tonometers might lead to cornealabrasion or risk of spreading infection. Non-contact tonometers also includerestraining factors such as poor accuracy level in the measurement of theocular pressure. Hence, the aforementioned factors are expected to restrain theglobal tonometers market to some extent.
Tonometers: An efficient devicefor early detection of a serious eye disorder, glaucoma
Tonometers are devices assist inhelping the eyecare professionals to determine the intraocular pressure (IOP)inside the eye. IOP is a fluid pressure in the eye. Tonometry is a diagnostictest which aids in examining whether the patient is at risk of glaucoma. Thisis an eye disorder wherein excess fluid pressure inside the eye tends to damagethe patient’s optic nerve and might lead to permanent vision loss, if thedamage retains. Tonometers help to detect this disorder, which usually does notshow symptoms until at a later stage. The common target population for suchkind of disease is the geriatric population. Moreover, diabetic patients arealso at high risk of glaucoma. Hence, tonometers tend to be increasinglyadvantageous for such target population and they contribute towards the growthof the global tonometers market.
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Applanation and indentationtonometers are the most commercially available tonometers
Global tonometers market issegmented on the basis of product type, end user and region. Product type is classifiedunder applanation tonometers, indentation tonometers, rebound tonometers,pascal dynamic contour tonometers and others. Further, applanation tonometersare segmented into Goldmann applanation tonometers, Perkins tonometers,non-contact tonometers, ocular response analyzer and others. Applanationtonometers help in determining ocular pressure by applying a force whichflattens the disk to the cornea. These tonometers are the most widely acceptedby the eyecare professionals primarily due to the fact that such diagnostictesting device allows for accurate measurement. On the other hand, indentationtonometers are used to examine through a force which will indent or sink intothe cornea of the soft eye as compared to a harder eye. Rebound tonometers arealso emerging owing to its numerous advantages such as it does not requireanesthetizing the eye. It is a contact rebound tonometer, which uses anextremely light probe.
On the basis of end user,tonometers are segmented into hospitals, clinics and others. Hospital segmentis considered as the largest market owing to its wide usage in such facilitiesand hence, contribute towards significant revenue generation.
Technological advancements arepropelling market growth in North America
Geographically, tonometers marketis classified under North America, Europe, Asia Pacific, Latin America, andMiddle East and Africa. North America is accounted for a significant share forthe global tonometers market. This is primarily due to the fact that thehealthcare expenditure in country like the U.S. is constantly growing, which inturn is expected to help the market for tonometers to grow. Moreover,technological advancements are also on a peak in these countries, which isexpanding the product portfolio of tonometers. On the other hand, Asia Pacificis anticipated to gain lucrative growth over the forecast period due toincreasing prevalence of diabetes in country like India. For instance, in 2015,69.1 million people were suffering from diabetes in India according to InternationalDiabetes Federation.
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Some of the major players of theglobal tonometers market include Canon Inc., Icare Finland Oy (Icare Finland isa part of Revenio Group Corporation), Topcon Corporation, HAAG-STREIT GROUP,NIDEK CO., LTD. and Reichert Technologies among others. Inorganic growthstrategies are helping leading companies to obtain a competitive edge. Focus onenhancing product portfolio and inorganic growth approaches are some of the keystrategic initiatives undertaken by these companies. In September, 2016, Icarelaunched Icare ic100 in order to expand its product portfolio.
Key Developments
Increasing adoption of tonometersfor novel applications is expected to boost the market growth. For instance, inAugust 2019, NASA’s Expedition 60 crew conducted various biomedical researchand life science activities aboard the International Space Station, includingeye pressure measurements using a tonometer.
Major institutes are focused onresearch in tonometry and tonometers. For instance, in October 2018,researchers from Stanford University School of Medicine found that reboundtonometry is an efficient technology for checking intraocular pressure inchildren.
Similarly, in October 2018,researchers from Maltepe University, Turkey statistically compared intraocularpressure values measured using various tonometers and found that Goldmannapplanation tonometry without fluorescein was suitable for use in routineclinic practice.
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