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Tonometer Market By Device Types (Applanation {Goldman Tonometer, Perkins Applanation Tonometer, And Others}, Indentation Tonometers, Non- Contact Tonometer, Rebound Tonometer, Dynamic Contour Tonometer), Portability (Desktop Tonometer, Hand-Held Tonometer), End- User (Hospitals, Opthalmic Clinic, And Others), And Geography (North America, Europe, Asia-Pacific, And Rest Of The World) is expected to grow at a steady cagr forecast till 2030 owing to the rising prevelance of opthalmic disorders such as glaucoma, ocular hypertension, uveitis, corneal disorders, cataract surgery, and technological advancement across the globe.
The global Tonometer market was valued at USD 339.29 million in 2023, growing at a CAGR of 6.06% during the forecast period from 2024 to 2030 to reach USD 505.66 million by 2030. The demand for tonometers is primarily being boosted by the growing incidence of ophthalmic disorders such as glaucoma, ocular hypertension, open-angle glaucoma, uveitis, corneal disorders, cataract surgery, and the diabetic population who are more prone to glaucoma. Furthermore, the tonometer market is anticipated to grow on account of a large number of technological advancements such as improved accuracy, ease of use, and patient comfort across the globe. These are the major drivers that are responsible for contributing to the positive growth of the tonometer market during the forecast period from 2024-2030.
Tonometer Market Dynamics:
According, to the estimates of DelveInsight the total glaucoma diagnosed prevalent cases were estimated at nearly 7,045,443 cases in 2022 in the 7MM, however the overall burden of glaucoma has been estimated to be nearly 16,632,421 (Prevalent cases) in 2022 in the 7MM. Hence, these data and stats are accepted to fuel the overall future market of tonometers across the globe as glaucoma is a progressive eye disease characterized by damage to the optic nerve, often associated with elevated intraocular pressure (IOP) and requires a tonometer for monitoring and diagnosing the conditions.
According to the European Commission (2023), in 2021, the European Union saw cataract surgery as the predominant surgical procedure, with a significant 4.32 million operations performed across EU nations. Additionally, as per the same source France had the highest rate of cataract surgery per 100,000 population in 2021 estimating 1,417 per 100,000 population followed by Austria (1,340 PER 100,000 population). Furthermore, as per the study conducted by the International Agency for the Prevention of Blindness (IAPB) in 2020, the global population affected by moderate to severe cataracts was 83,475,182. These data and stats are accepted to fuel the overall future market of tonometer across the globe as tonometers are used during pre-operative and post-operative assessment of cataract surgery to assess and manage the changes in Intraocular pressure (IOP).
Furthermore, tonometers can be used as part of the overall assessment of diabetic eye disease and its complications. Additionally, as per the study conducted by the International Agency for the Prevention of Blindness (IAPB) in 2020, the global population affected by moderate to severe diabetic retinopathy was 3,278,034. Diabetic retinopathy is a complication of diabetes affecting the eyes and needs regular eye checkups including IOP measurements. Hence, the prevalence and incidence rates of ocular diseases such as glaucoma, cataract surgery, and diabetes retinopathy highlight the future significant market growth of tonometer.
Further, the continuous advancements in tonometry technology are driving the overall market of tonometers. In November 2022, NIDEK has introduced the NT-1p non-contact Tono/Pachymeter, an innovative device designed to automate both reliable non-contact tonometry and pachymetry. This advanced technology automatically detects the position of the eyes, initiating measurements without the need for manual button presses. This streamlined approach enhances efficiency and user experience, making the device particularly convenient for eye care professionals conducting intraocular pressure and corneal thickness assessments. Additionally, the growing awareness about the importance of regular eye check-ups and early detection of eye diseases is also contributing to fueling the current demand for tonometers.
However, the risk of infection with contact tonometers and lack of accuracy in non-contact tonometers during checkups may hinder the market demand for tonometers.
Tonometer Market Segment Analysis:
Tonometer Market by Device Types (Applanation {Goldman Tonometer, Perkins Applanation Tonometer, and Others}), Indentation Tonometers, Non-Contact Tonometer, Rebound Tonometer, Dynamic Contour Tonometer), Portability (Desktop Tonometer, Hand-Held Tonometer), End-User (Hospitals, Ophthalmic Clinic, And Others), and Geography (North America, Europe, Asia-Pacific, and Rest of the World).
In the product segment of the tonometer market, the applanation tonometer category is estimated to have a significant revenue share in the tonometer market in 2023. This can be attributed to the various advantages and applications provided by the applanation tonometer. These devices are used to measure the intraocular pressure (IOP) by flattening a small area of the cornea and are considered one of the most accurate methods of measuring IOP. Applanation tonometers with non-contact options offer similar accuracy to contact tonometers. Some applanation tonometers, such as the Goldman tonometer, can be used in a non-contact mode, reducing the risk of corneal abrasions or infections associated with contact methods. Besides this, the absence of the need for fluorescein dye instillation or tropical anesthesia during tonometer use simplifies the procedure and enhances safety. All these advanced features of applanation tonometer are promoting the growth of overall tonometers. Applanation tonometers provide a direct measurement of IOP by directly assessing the cornea's response to pressure. Thus resulting in a more objective and accurate measurement of intraocular pressure.
Hence, the applanation tonometer is regarded as the gold standard for measuring IOP, and it's user-friendly and relatively easy operation, requiring minimal training for healthcare professionals will contribute to the growth of the overall tonometer market during the forecast period.
North America Is Expected To Dominate The Overall Tonometer Market:
North America is expected to account for the highest proportion of the global tonometer market in 2023, out of all regions. This is due to the presence of a large patient pool suffering from an ophthalmic disorder such as glaucoma, ocular hypertension, open angle glaucoma, uveitis, corneal disorders, cataract surgery, diabetic population who are more prone to glaucoma, and technological advancement.
According to the data provided by the Centers for Disease Control and Prevention (CDC) (2023), in 2021, in the United States, among people with diabetes, the prevalence rate of diabetes retinopathy was lowest among people younger than age 25 at 13.0% and highest among the 65-79 age group at 28.4%. Thus tonometer can be used to monitor IOP regularly in diabetic patients to detect any potential changes in IOP that may indicate the presence of glaucoma alongside diabetic retinopathy.
According to the latest data provided by the Centers for Disease Control and Prevention (CDC) (2020), glaucoma affects approximately 3 million Americans and ranks as the second leading cause of blindness globally. As per the same source, the number of glaucoma patients is expected to rise to 6.3 million by 2050 in America. The open-angle glaucoma, the predominant form is characterized by elevated eye pressure, often occurring without early symptoms and leaving 50% of affected individuals unaware of their condition. As a result, these statistics and data are expected to fuel the future market of tonometer devices in North America as intraocular pressure (IOP) monitoring is important in ocular disease to assess and manage the changes in IOP.
Furthermore, recent strategic initiatives and various product approvals of tonometers are also aiding in driving the market growth of tonometer devices in the region. In March 2022, Icare attained 510(k) clearance from the FDA in the United States for their latest self-tonometer iteration, the iCare HOME2. This innovative device is designed to simplify the process of measuring patients' intraocular pressure (IOP) beyond regular clinic hours, aiming to aid in the management of glaucoma. Thus the new product approval with advanced technologies is driving the market growth of tonometer in North America.
Additionally, the increase in the rising awareness programs by government authorities are also facilitating the overall use of tonometers thus increasing the future market of tonometer in the United States. Several government authorities in America such as the National Eye Health Education Program (NEHEP), in coordination with the National Eye Institute (NEI) of the National Institutes of Health (NIH) promotes eye health awareness across the United States like Glaucoma Awareness Month. Thus, the increased eye care awareness programs are contributing to market growth of tonometer In North America.
Tonometer Market Key Players:
Some of the key market players operating in the Tonometer include Ziemer Ophthalmic Systems AG, Haag- streit, Topcon Corporation, NIDEK CO., LTD, Reichert, Inc., Keeler., OCULUS Optikgerate GmbH, Tomey USA, Canon medical systems USA, Inc., Kowa Company, Ltd., Reichert, Inc., Ametek, Inc., Nidek CO., Ltd., Accutome Inc., Keeler., Itamar Medical Ltd., Shenzhen Mindray Bio-Medical Electronics Co Ltd., Millar, DAEYOMEDI, Alam Medical.
Recent Developmental Activities In The Tonometer Market:
Key Takeaways From The Tonometer Market Report Study
Target Audience Who Can Be Benefited From This Tonometer Market Report Study
Frequently Asked Questions For The Tonometer Market:
A tonometer is a medical device used to measure the intraocular pressure (IOP) within the eye. Intraocular pressure refers to the fluid pressure inside the eye, which is primarily determined by the balance between the production and drainage of aqueous humor, the clear fluid that fills the anterior chamber of the eye.
The global Tonometer market was valued at USD 339.29 million in 2023, growing at a CAGR of 6.06% during the forecast period from 2024 to 2030 to reach USD 505.66 million by 2030.
The demand for tonometers is primarily being boosted by the growing incidence of ophthalmic disorders such as glaucoma, ocular hypertension, open angle glaucoma, uveitis, corneal disorders, cataract surgery, and diabetic population who are more prone to glaucoma. Furthermore, the tonometer market is anticipated to grow on account of a large number of technological advancements such as improved accuracy, ease of use, and patient comfort across the globe. These are the major drivers that are responsible for contributing to the positive growth of the Tonometer market during the forecast period from 2024-2030.
Some of the key market players operating in the Tonometer included Halma Plc, Haag- streit, Topcon Corporation, Nidek Co., Ltd, Reichert, Inc., Keeler., Oculus Optikgerate GmbH, Tomey USA, Canon medical systems USA, Inc., Kowa Company, Ltd., Reichert, Inc., Ametek, Inc., Nidek Co., Ltd., Accutome Inc., Keeler., Itamar Medical Ltd., Shenzhen Mindray Bio-Medical Electronics Co Ltd., Millar, Daeyomedi, Alam Medical.
North America is expected to account for the highest proportion of the tonometer Market in 2023, out of all regions. This is due to the presence of a large patient pool suffering from an ophthalmic disorder such as glaucoma, ocular hypertension, open angle glaucoma, uveitis, corneal disorders, cataract surgery, diabetic population who are more prone to glaucoma, and technological advancement in tonometers are some other major factors that are responsible in contributing to the positive growth of the tonometer market in North America.