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Oct 6, 2020 2:40 PM ET

Global Ophthalmic Perimeters Market Set for Rapid Growth, to reach Value USD 356.94 Million by 2025


iCrowd Newswire - Oct 6, 2020

Zion Market Research has published a new report titled “Ophthalmic Perimeters Market by Product (Static, Kinetic, Combination) and End User (Hospitals, Specialty Ophthalmic Clinics and Others) – Global Industry Perspective Comprehensive Analysis and Forecast, 2019-2025” According to the report, global demand for ophthalmic perimeters market was valued at approximately USD 262.54 Million in 2018, and is expected to generate revenue of around USD 356.94 Million by end of 2025, growing at a CAGR of around 4.53% between 2018 and 2025.

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Ophthalmic instruments intended to measure and evaluate the expanse (visual field) in which impetuses projected on a arched surface can produce the delusion of vision in a straight-ahead spot with the ears. Such devices may assess the fundamental and outlying visual field and characteristically the areas of image (scotomas) absent or depressed. The verdict ultimately outlines the ability of each eye to visualize white test objects distinctly. Ophthalmic borders may use vibrant (kinetic perimeter) or stationary (static perimeter) mobile objectives. The results are usually informed for each eye and contain a continuous arch on a polar-coordinate chart that describes the graphical field border.

Development in non-profit establishments and the progress of outpatient care hubs are major factors that fuel the market for ophthalmic perimeters. During the forecast period, growing competition is anticipated in the ophthalmic care service industry to lift demand for technologically progressive perimetry systems. Technological developments in perimetry systems comprise high-quality displays, software development for image analysis & processing, and structural simplification. In addition, it is anticipated that the application of innovative perimeters at competitive costs would raise the replacement rate of old perimeters.

The study provides a decisive view on the Ophthalmic Perimeters market by segmenting the market based on product and end user. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025.

Based on the Product segment, the market is bifurcated Static, Kinetic, and Combination. Static perimeter held the largest share in 2018 and during the forecast period. In children with glaucoma, successful use of fixed perimeter in visual field testing is expected to drive development in the category. In addition, these tools are easily available for vision screening in people with glaucoma and macular disorders on the market.

Based on the End User segment, the market is bifurcated into Hospitals, Specialty Ophthalmic Clinics and Others. In 2018, hospitals hold the largest share of the market. Increasing number of hospitals in developing countries and increasing competition in healthcare providers are expected during the forecast period to boost demand for advanced ophthalmic perimeters.

The geographical segmentation comprises the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Due to high adoption of technologically advanced medical devices and increased demand for reliable instruments, North America had the largest market share in 2018. In addition, it is anticipated that the presence of global & local manufacturers and suppliers in the area will also boost overall growth. During the forecast period, Asia Pacific is also expected to see the fastest growth. Rapidly developing economies and improving healthcare services are expected to drive development in Southeast Asian countries, China and India. In addition, advanced products are available at affordable prices due to the local presence of players such as Optitech Eyecare & Medmont International, which is expected to boost the demand during the forecast period. A large number of players are exporting perimeter ophthalmic devices to MEA countries, further boosting production.

Key players within global Ophthalmic Perimeters market include Carl Zeiss AG, Centervue S.P.A., Haag-Streit AG, Heidelberg Engineering GmbH, Konan Medical USA, Inc., Kowa Company, Ltd., Metrovision, Nidek Co., Ltd., Optopol Technology Sp. z o.o., Takagi Seiko Co., Ltd., and Topcon Corporation amongst others.

The report segments global Ophthalmic Perimeters market as follows:

Global Ophthalmic Perimeters MarketProduct Segment Analysis

Global Ophthalmic Perimeters MarketEnd User Segment Analysis

 Global Ophthalmic Perimeters MarketRegional Segment Analysis

To view TOC of this report is available upon request @ https://www.zionmarketresearch.com/toc/ophthalmic-perimeters-market 



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Keywords:    Ophthalmic Perimeters Market

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