Tonometer is an instrument used for the determination of the intraocular pressure or the pressure of the fluid within the eye. Tonometry is a diagnostic test primarily used to detect glaucoma. Glaucoma is an eye disease in which the optic nerve is damaged. The buildup of the pressure of the extra fluid inside the eye damages the optic nerve, and if this is left unattended, it may first cause peripheral vision loss and could lead to permanent loss of vision. Tonometer is equipped to measure the intraocular pressure by determining the resistance of the cornea to indentation.

The normal intraocular pressure ranges from 12 to 22 mm Hg according to the Glaucoma Research Foundation, and the tonometer measures in units of "mmHg" which is the unit used to record eye pressure. According to a study conducted by the American Academy of Ophthalmology, an estimated 2.2 million people in the U.S. are effected with open-angle glaucoma and is likely to increase to 3.3 million people by 2020. Glaucoma is the second leading cause of blindness in the U.S. after macular degeneration. Globally, it is the second leading cause of blindness after cataract. Blindness caused by glaucoma is six to seven times more common in African Americans than in Caucasians. According to The Glaucoma Foundation factsheets, an estimated amount of US$ 1.5 Bn is spent by the U.S. government annually. Glaucoma is more prevalent among the age group of above 60 years.

A major driver of the global tonometer market is the rising geriatric population as glaucoma tends to occur more in people with age above 60 years. In addition, other eye diseases such as chronic eye disorders increase the demand for tonometers. In addition, increasing diabetic population and inheritance of glaucoma are factors contributing to the rising demand for tonometers. However, the use of contact tonometer may lead to risk of infection or corneal abrasion. Non-contact type of tonometer have low accuracy level in the measurement of the intraocular pressure. These factors might restraint the growth of the tonometer market during the forecast period.

The global tonometer market is segmented by product type, technology, modality, end-user, and region. On the basis of product type, the market is segmented into applanation tonometers, Pascal dynamic contour tonometers, rebound tonometers, and indentation tonometers. The applanation tonometers segment is subsegmented into contact type and noncontact type. The contact type subsegment includes Goldmann applanation tonometer, Perkins tonometer, Tonopen, pneumotonometer, and Mackay-Marg tonometer. The noncontact type subsegment includes Grolman tonometer or air-puff tonometer and ocular response analyzer. The indentation tonometers segment is categorized into schiotz, electrical, mercurial, and scleral tonometers. On the basis of technology, the market is segmented into probe based, electronic, and pneumatic tonometer. Based on modality, the market is segmented into stand-alone and handheld. Based on end-user, the market is segmented into hospitals, diagnostic centers or clinics, and others. Applanation tonometer is widely used as it is easy to use, accurate, and affordable. However, a major disadvantage of this tonometer is that it could cause a slight abrasion on the cornea. Indentation tonometer is used to measure the ocular pressure in scarred eye but it is more likely to cause corneal abrasion. Air-puff tonometers do not come in direct contact with the cornea which avoids abrasion but they are expensive and uncomfortable for few patients. Rebound tonometers are emerging tonometers which do not require anesthesia.

Geographically, the global tonometer market is distributed over North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is growing due to increase investment in health care in the U.S. and development of new technologies. The region accounts for a major share of the global market. The Asia Pacific and Europe markets are anticipated to grow rapidly during the forecast period owing to the growing diabetic population. According to a survey in 2013 by Asian Diabetes Prevention Initiative, 60% of the world’s diabetic population was from Asia. About 113.9 million people in China and 65.1 million people in India have diabetes, indicating a large market opportunity for tonometers as diabetes is the second leading cause for glaucoma.

Key players operating in the tonometer market include Topcon Corporation, Oculus Inc., Keeler Ltd., iCare Medical Inc., Reichert Technologies, Rexxam Co., Ltd., and Nidek Medical India Pvt. Ltd.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Tonometer Market

Pre Book