The global Ophthalmic Perimeters Market size is anticipated to reach USD 357.9 million by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 4.1% over the forecast period. Growing frequency of new product launches and increasing number of strategic alliances between players & end users are some of the major factors expected to boost growth.
North America is anticipated to dominate the ophthalmic perimeters market during the forecast period owing to rising lifestyle and age-associated ophthalmic conditions such as glaucoma and cataract. Increase in demand for advanced early diagnostic techniques, high adoption rate for advanced technologies, and favorable reimbursement scenario are some of the major factors driving the market in the region.
A significant number of ophthalmic perimeter manufacturers are in North America. These players are emphasizing on developing user-friendly ophthalmic perimeter devices by developing image processing software. Moreover, key players are conducting workshops and training programs. Such initiatives are expected to boost the overall growth. The market is witnessing a rise in technologically advanced ophthalmic perimeter devices in the market due to high competition. Development of patented, tablet-based visual field testing and analysis system is anticipated to enable easy, faster, & accurate diagnosis.
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Further key findings from the report suggest:
- Static perimeters segment held maximum share in 2018 owing to its extensive use in capturing large data points for visual field testing. Moreover, these devices conduct visual field testing from multiple angles, which in turn helps with accurate diagnosis.
- Combination perimeters segment is expected to grow at a fastest pace during the forecast period. These devices enable standardization of procedures and decrease the overall turnaround time.
- Hospital held largest share among the end-use segment. High demand for advanced ophthalmic perimeters in hospitals is driving segment growth.
- Ophthalmic clinic is expected to experience fastest growth during the forecast period. The segment growth is fueled by increasing number of standalone ophthalmic clinics in developing regions.
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Grand View Research has segmented the global ophthalmic perimeters market on the basis of product type, application, end use, and region:
Ophthalmic Perimeters Product Outlook (Revenue, USD Million, 2015 – 2026)
Ophthalmic Perimeters End-use Outlook (Revenue, USD Million, 2015 – 2026)
- Ophthalmic Clinic
Ophthalmic Perimeters Regional Outlook (Revenue, USD Million, 2015 – 2026)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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