Corneal Topographers Market Size, Share & Trends Analysis Report By Product Type (Placido Disc System, Scheimpflug Systems), By Application, By End-use, By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The global corneal topographers market size was estimated at USD 722.92 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.9% from 2023 to 2030. Major factors driving market growth include the rising prevalence of age-associated ophthalmic conditions. For instance, according to the report published by the CDC, in 2022,a total of 20.5 million (17.2%) Americans over the age of 40 are expected to have cataracts in one or both eyes, and about 6.1 million (5.1%) have had their lenses surgically removed. Moreover, increasing government initiatives to promote early detection, treatment, and prevention of various conditions, and increasing focus of market players on research & development are other factors expected to become positive growth drivers.

The integration of novel diagnostic modalities for screening and early detection of ophthalmic conditions including cataracts is expected to bolster the demand for corneal topographers. Early diagnosis of cataracts and other ophthalmic conditions is essential for prompt treatment and appropriate management.By identifying changes in corneal parameters associated with cataract development, novel diagnostic modalities, in conjunction with corneal topography, can aid in the early detection of cataracts. Early detection makes it possible for medical professionals to initiate necessary interventions or treatments promptly, potentially improving patient outcomes.

According to the World Health Organization (WHO), in October 2022, globally, there were over 2.2 billion people who were blind or had vision impairment, and at least 1 billion had unaddressed or preventable conditions. Furthermore, the increasing volume of surgical procedures in different healthcare settings including hospitals, clinics, and ambulatory care centers is expected to augment the demand for advanced corneal topographers. According to the survey undertaken by Refractive Surgery Council, in 2022, there were 200,672 laser vision correction (LVC) procedures performed in the first quarter of 2022, representing a 5.3% increase over the fourth quarter of 2021.

Moreover, the rising focus of government and non-government organizations on the prevention and elimination of preventable ophthalmic conditions is expected to create a lucrative market opportunity for players in the corneal topographers industry. The National Keratoconus Foundation (NKCF) aims to enhance awareness and knowledge of corneal surface disorders such as keratoconus. NKCF is also focused on supporting scientific research for effective diagnosis and treatment of keratoconus.

Product Type Insights

The placido disc system segment accounted for the largest market share of 42.8% in 2022. These discs are among the firstly available technologies for corneal topographers which enhances corneal disease monitoring and facilitates early diagnosis as compared to alternative screening modalities such as keratometry. The systems are used for a wide range of applications to improve the practitioner's understanding of corneal shape. They are important in diagnosing conditions such as keratoconus, pellucid marginal dystrophy, contact lens practice, orthokeratology, refractive surgery patient management, intraocular lens (IOL) calculation, and post keratoplasty, among others.

The scheimpflug systems segment is expected to exhibit the fastest CAGR during the forecast period. The advantages of scheimpflug imaging include high cornea resolution, measuring corneas with severe irregularities, such as keratoconus, ability to calculate pachymetry. The devices also offer corneal wavefront analysis for the detection of higher-order aberrations.Scheimpflug systems allow high-resolution imaging of the cornea, anterior chamber, iris, and lens in the anterior portion of the eye.The shape, thickness, and topography of these structures are all captured in three dimensions by these devices, which provides useful information.

End-use Insights

The hospitals segment captured over 39% revenue share in 2022.Hospitals provide comprehensive eye care services, including treatment, surgery, and diagnosis.Corneal topography can be used to assess several eye disorders, including keratoconus, corneal dystrophies, and anomalies in the cornea. Hospitals may see a growing need for corneal topography equipment as they treat a wide variety of patients with various eye health requirements.

The ambulatory surgical centers (ASC) segment is expected to be the fastest-growing segment during the forecast period. This can be attributable to increasing surgical interventions carried out in the ASCs as compared to hospital settings owing to low-cost surgeries, easy access, and convenience for the elder and the disabled population is expected to accelerate the growth rate of ASCs over the forecast period.

Application Insights

The refractive surgery evaluation segment dominated the market with a 32.0% market share in 2022. The dominance is mainly attributed to factors such as the higher prevalence of patients diagnosed with refractive errors such as myopia (near-sightedness), hyperopia (farsightedness), astigmatism (distorted vision at all distances), and presbyopia. Refractive surgery aims to improve vision by altering the cornea's shape or by inserting intraocular lenses.

 The cataract surgery evaluation segment is expected to grow at a lucrative CAGR during the forecast period. The demand for cataract surgery is anticipated to increase due to an aging population and an increase in the prevalence of cataracts. For instance, according to the report published by OCHA, in January 2023, with its cataract surgery project, the IHH Humanitarian Relief Foundation performed 16,693 surgeries across 8 different nations in 2022. So far, 173,693 surgeries have been performed. It is one of the most frequently performed surgical procedures worldwide.

As the number of cataract surgeries increases, the need for precise and comprehensive pre-operative evaluations also grows.Corneal topography plays a vital role in evaluating corneal conditions, such as astigmatism and corneal irregularities, which are crucial factors in determining the success of cataract surgery.Thus, it is anticipated that there would be an increase in the need for corneal topographers for the evaluation of cataract surgery.

Regional Insights

North America dominated the market in 2022 with more than 40% of the revenue share owing to factors such as favorable reimbursement and government & non-government initiatives to boost research and innovation. For instance, in December 2022, Research to Prevent Blindness (RPB) granted funds of more than USD 400 million in research funding to support eye research. The increasing preference of ophthalmologists to opt for private-pay models provides freedom for physicians to invest in new screening technology. In July 2019, the Centers for Medicare and Medicaid Services (CMS) decreased reimbursement rates for cataract surgeries by 15%.

The Asia Pacific corneal topographers market is expected to grow at a lucrative CAGR over the forecast period. The high growth rate is primarily attributed to factors such as the rise in the influx of international patients to Asian countries offering affordable treatment, increasing penetration of market players in developing countries, and government initiatives supporting ophthalmic care. The Indian National Program for Control of Blindness & Visual Impairment was launched to create awareness and provide comprehensive eye care services for cataracts, refractive errors, corneal disorders, and glaucoma. In addition, medical tourists are driven by several factors such as favorable exchange rates and quality care at an affordable cost.

Key Companies & Market Share Insights

New product launches, distribution agreements, and product innovation are some major strategies adopted by the market players to retain their market share. For instance, in March 2023, Haag-Streit launched a novel corneal ectasia display for its Eyestar 900 swept-source-based precision OCT analyzer. Some prominent players in the global corneal topographers market include:

• Carl Zeiss AG

• OCULUS Optikgeräte GmbH

• Cassini Technologies

• Nidek Co., Ltd

• Tomey Corporation

• EyeSys Vision

• Tracey Technologies

• Topcon Corporation

Corneal Topographers Market Report Scope

Global Corneal Topographers Market Report Segmentation

This report forecasts revenue growth and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global corneal topographers market report based on product type, application, end-use, and region:

• Product Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Placido Disc System

  • Scheimpflug System

  • Scanning Slit System

• Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Cataract Surgery Evaluation

  • Corneal Disorder Diagnosis

  • Refractive Surgery Evaluation

  • Contact Lens Fitting

  • Others

• End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospitals

  • Ophthalmic Clinics

  • Ambulatory Surgical Centers

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Denmark

    • Sweden

    • Norway

  • Asia Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Thailand

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

    • UAE

    • Kuwait