The global ophthalmic perimeters market size was valued at USD 260.0 million in 2018 and is projected to grow at a CAGR of 4.1%. Growing prevalence of ophthalmic conditions such as glaucoma and cataract is expected to drive overall growth. Moreover, an increasing number of product launches in the market is also expected to boost growth.
End-users such as hospitals and ophthalmic clinics including nonprofit organizations are expanding their presence in rural areas, especially in Asia & Africa. Such strategic initiatives are expected to expand the reach of modern ophthalmic care, which in turn is expected to propel the overall growth.
Increase in nonprofit organizations and introduction of ambulatory care centers are major factors boosting demand for ophthalmic perimeters. Growing competition in ophthalmic care service industry is expected to fuel demand for technologically advanced perimetry systems during the forecast period.
Technological advancements in perimetry systems include high-quality displays, development of image processing & analysis software, and simplification of operations. Moreover, the introduction of advanced perimeters at competitive prices is expected to increase rate of replacement of old perimeters.
Manufacturers of ophthalmic perimeters are conducting perimetry courses to enable users to learn swift usage of the device. These courses also incorporate workshops to provide hands-on experience to users. Apart from conducting courses for perimetry, manufacturers are also participating in medical trade shows, conferences, and medical exhibitions to showcase products such as ophthalmic perimeters. Such initiatives are expected to improve customer loyalty and boost adoption of advanced devices.
Combination ophthalmic perimeters segment is expected to witness fastest growth during the forecast period. These combined devices help examine peripheral defects due to its high resolution, which can capture large affected area. Moreover, these devices provide accurate result in less time, which is expected to boost its adoption rate.
Static perimeter held largest share in 2018 and is expected to show moderate growth during the forecast period. Effective use of static perimeter for visual field testing in children with glaucoma is expected to drive segment growth. Moreover, these devices are easily available in the market to perform vision tests in people with glaucoma and macular diseases.
Kinetic perimeter is expected to experience significant growth during the forecast period. One of the key factors driving growth is the device’s capability to capture moving stimuli, providing accurate results. Moreover, the device’s high spatial resolution makes it better & faster to capture advanced scotoma.
Hospitals held the largest market share in 2018. An increasing number of hospitals in developing countries and growing competition in healthcare service providers are expected to boost demand for advanced ophthalmic perimeters during the forecast period. Moreover, rising mergers & acquisition between ophthalmology nonprofit organizations & hospitals and growing trends of ambulatory care centers are some of the factors expected to fuel demand for new installation in the coming years. Growing prevalence of age & lifestyle-associated eye conditions and an increasing number of ophthalmologists in developing countries are expected to fuel demand for ophthalmic clinics, which is further anticipated to drive clinics segment growth. Moreover, many hospitals are also developing integrated ophthalmic centers for various procedures such as visual field analysis.
Charitable & nonprofit organizations, research institutes, laboratories, and ophthalmic associations/societies have been focusing on expanding their services to remote areas. Some of these nonprofit organizations are:
- Optometry Cares - The AOA Foundation
- American Academy of Optometry Foundation
- The Low Vision Center
- SEE International
- World Blind Union
- Rotarian Action Group for Blindness Prevention
- Vision Aware
North America held the largest market share in 2018 owing to high adoption of technologically advanced medical devices and increasing demand for accurate devices. Moreover, presence of global & local manufacturers and suppliers in the region is also expected to propel the overall growth.
Asia Pacific is also anticipated to witness fastest growth during the forecast period. Rapidly developing economies and improving healthcare services in Southeast Asian countries, China, and India are expected to propel growth. Moreover, due to local presence of players, such as Optitech Eyecare & Medmont International, advanced devices are available at competitive prices, which is expected to drive the market during the forecast period. A significant number of players export ophthalmic perimeter devices to countries in MEA, which further boosts growth. In addition, conferences, trade shows, and seminars conducted in Asia Pacific for ophthalmic care devices are also helping local players get international exposure.
Some leading players in the ophthalmic perimeters market are Haag-Streit AG; Carl Zeiss AG; Topcon Corporation; Nidek Co., Ltd.; Heidelberg Engineering GmbH; Optopol Technology Sp. z o.o.; Takagi Seiko Co., Ltd.; Kowa Company, Ltd.; Metrovision; Konan Medical USA, Inc.; and Centervue S.P.A. These players focus on growth strategies such as new product launches, innovations in existing products, and mergers & acquisitions. For instance, in October 2018, Konan Medical acquired objectiveFIELD from Australian National University., which is designed for testing both eyes simultaneously. This procedure saves significant amount of time. The device can be used effectively in diagnosis of ophthalmic and other conditions such as macular degeneration, diabetic retinopathy, glaucoma, epilepsy, multiple sclerosis, migraine, concussion, & various neuro-vision conditions.
Report Attribute |
Details |
Market size value in 2020 |
USD 279.2 million |
Revenue forecast in 2026 |
USD 357.9 million |
Growth Rate |
CAGR of 4.1% from 2019 to 2026 |
Base year for estimation |
2018 |
Historical data |
2015 - 2017 |
Forecast period |
2019 - 2026 |
Quantitative units |
Revenue in USD million and CAGR from 2019 to 2026 |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors and trends |
Segments covered |
Product, end use, region |
Regional scope |
North America; Europe; Asia Pacific; Latin America; MEA |
Country scope |
U.S.; Canada; U.K.; Germany; France; Italy; Spain; China; India; Japan; Thailand; South Korea Mexico; Brazil; Colombia; Argentina; South Africa; Saudi Arabia; UAE |
Key companies profiled |
Haag-Streit AG; CARL ZEISS AG; TOPCON CORPORATION, NIDEK CO., LTD.; Heidelberg Engineering GmbH; OPTOPOL Technology Sp. z o.o.; TAKAGI SEIKO CO.,LTD.; Kowa Company, Ltd.; Metrovision; Konan Medical USA, Inc.; CENTERVUE S.P.A. |
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
This report forecasts revenue growth at global, regional, & country levels and provides an analysis on the latest industry trends in each of the sub-segments from 2015 to 2026. For the purpose of this study, Grand View Research has segmented the global ophthalmic perimeters market report on the basis of product, end use, and region:
Product Outlook (Revenue, USD Million, 2015 - 2026)
Static
Kinetic
Combination
End-use Outlook (Revenue in USD Millions, 2015 - 2026)
Hospital
Ophthalmic clinic
Others
Regional Outlook (Revenue, USD Million, 2015 - 2026)
North America
The U.S.
Canada
Europe
Germany
The U.K.
France
Italy
Spain
Asia Pacific
China
Japan
India
Thailand
South Korea
Latin America
Brazil
Mexico
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE
b. The global ophthalmic perimeters market size was estimated at USD 269.4 million in 2019 and is expected to reach USD 279.2 million in 2020.
b. The global ophthalmic perimeters market is expected to grow at a compound annual growth rate of 4.1% from 2019 to 2026 to reach USD 357.9 million by 2026.
b. North America dominated the ophthalmic perimeters market with a share of 35.9% in 2019. This is attributable to increasing prevalence of ophthalmic disorders such as glaucoma and presence of large number of suppliers for ophthalmic perimeter devices.
b. Some key players operating in the ophthalmic perimeters market include Haag-Streit AG, CARL ZEISS AG, TOPCON CORPORATION, NIDEK CO., LTD., Heidelberg Engineering GmbH, OPTOPOL Technology Sp. z o.o., TAKAGI SEIKO CO.,LTD., Kowa Company, Ltd., Metrovision, Konan Medical USA, Inc., and CENTERVUE S.P.A.
b. Key factors that are driving the market growth include increasing prevalence of ophthalmic disorders and growing launch of ophthalmic perimeters.
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With Covid-19 infections rising globally, the apprehension regarding a shortage of essential life-saving devices and other essential medical supplies in order to prevent the spread of this pandemic and provide optimum care to the infected also widens. In addition, till a pharmacological treatment is developed, ventilators act as a vital treatment preference for the COVID-19 patients, who may require critical care. Moreover, there is an urgent need for a rapid acceleration in the manufacturing process for a wide range of test-kits (antibody tests, self-administered, and others). The report will account for Covid19 as a key market contributor.