Corneal Pachymetry Market | Industry Size, Share & Trends (2022-27)

 

Market Overview

The global corneal pachymetry market size is expected to grow at a CAGR of 5.1% over the forecast period. Growing prevalence of ophthalmic conditions such as diabetic retinopathy, cataract, glaucoma is expected to augment the overall growth. According to the World Health Organization in 2019, around 2.2 billion people worldwide have some type of vision impairment. In addition, at least 1 billion patient population has a vision impairment that could have been prevented or has yet to be addressed, which in turn is expected to propel the overall growth.

In addition, the upsurge in the patient population of diabetic retinopathy is also anticipated to be one of the major factors driving the overall growth of the market. According to the World Health Organization, Glaucoma is the second leading cause of blindness Claiming the 6.9 million lives globally.

Strategic initiatives are expected to expand the reach of modern ophthalmic care, which in turn is expected to augment the overall growth in this vertical. Prominent market players are expanding their presence in rural areas, especially in Asia & Africa. Increase in introduction of ambulatory care centers and nonprofit organizations are among the key factors responsible for the growth for the market. Increasing competition in ophthalmic care service industry is expected to fuel demand for technologically advanced pachymetry systems during the forecast period.

Technological advancements in pachymetry systems include development of analysis software & image processing, high-quality displays and simplification of operations. Moreover, introduction of technologically advanced perimeters at competitive prices is possessing high probability of increased rate of adoption for these devices.

However, inadequate reimbursement coverage for pachymetry procedures and stringent government regulations may restrict the market.

Scope of the Report

Pachymeter is a medical device used to measure corneal thickness. It is also used to determine endothelial pump and corneal barrier functions. Moreover, it 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 devices used to perform pachymetry. The corneal pachymetry market is segmented by type, application, and geography. Read Full Report

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