Corneal Pachymetry Market

Corneal Pachymetry Market: Introduction

• Pachymeter is a medical device used to measure corneal thickness. It is also used to determine endothelial pump and corneal barrier functions. Moreover, a pachymeter helps in determining intraocular pressure in case of glaucoma. Corneal thickness greater than 640 µm increases the risk of corneal decompensation.
• Ultrasound and optical pachymeters are the two types of device used to perform pachymetry. Ultrasound pachymetry helps in locating endothelial and epithelial layers using high frequency sound waves. Fuch's dystrophy is a medical condition characterized by rise in corneal fluid, which in turn increases corneal thickness. Wearing contact lenses can cause corneal swelling.

Key Drivers, Restrains, and Opportunities of Global Corneal Pachymetry Market

• Rise in prevalence of glaucoma and eye-related disorders is projected to drive the global corneal pachymetry market. Additionally, increase in awareness about eye care is anticipated to propel the global market during the forecast period.
• Rise in prevalence of diabetic retinopathy is another factor expected to augment the global corneal pachymetry market. According to the Centers for Diseases Control and Prevention, glaucoma is the second leading cause of blindness across the world. The World Glaucoma Association estimated that 79.6 million people will have glaucoma in 2020 and the number is projected to reach 111.8 million in 2040.
• However, inadequate reimbursement coverage for pachymetry and stringent government regulations are likely to restrain the global corneal pachymetry market

North America to Capture Major Share of Global Corneal Pachymetry Market

• North America is projected to account for major share of the global corneal pachymetry market due to well-established health care infrastructure and presence of key players in the region. Moreover, high prevalence of glaucoma in the U.S. is anticipated to propel the market in the region. According to the Centers for Diseases Control and Prevention, about 3 million people in the U.S. had glaucoma in 2019.
• The corneal pachymetry market in Asia Pacific is expected to grow at a rapid pace during the forecast period due to increase in cases of glaucoma and eye-related disorders. According to the International Agency for the Prevention of Blindness, an estimated 17 million individuals had glaucoma in Asia in 2013 and the number is likely to reach 33 million by 2040.

Key Players Operating in Global Corneal Pachymetry Market

The global corneal pachymetry market is highly consolidated due to the presence of small number of key players. These companies hold a major share in their respective regions. Growth strategies adopted by leading players are likely to drive the global corneal pachymetry market.

Major players operating in the global corneal pachymetry market are:

• MicroMedical Devices, Inc. (MMD)
• NIDEK CO., LTD.
• OCULUS
• Quantel Medical
• Optovue Incorporated
• DGH Technology, Inc.
• Tomey Corporation
• Sonomed Escalon
• OphthalmologyWeb
• Other prominent players

Global Corneal Pachymetry Market: Research Scope

Global Corneal Pachymetry Market, by Type

• Ultrasonic
• Optical

Global Corneal Pachymetry Market, by Application

• Refractive Surgery
• Glaucoma Diagnostics

Global Corneal Pachymetry Market, by End-user

• Hospitals
• Clinics
• Others

Global Corneal Pachymetry Market, by Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia & New Zealand
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa