Corneal Topographers Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | > 6.20 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Corneal Topographers Market Analysis
The corneal topographers market studied was anticipated to grow with a CAGR of nearly 6.2% during the forecast period. The major factors driving the growth of the market are the global prevalence of various ophthalmic disorders such as refractive errors, cataracts, diabetic retinopathy, etc. and rise in the geriatric population. For instance, according to the study results published by the International Council of Ophthalmology, in 2019, the prevalence of eyes disorders increased in population age over 50 due to high rate of macular degeneration which directly resulted in higher demand for diagnosis and efficient earlier treatments fueling the growth of the market. Furthermore, an increase in technological advancements in the corneal topography led to a steep rise in wide range of applications such as of diagnosis for various disorders such as corneal astigmatism, an assessment for the implantation of a toric IOL and cataract surgery evaluation are expected to boost the growth of the global corneal topographers market throughout the forecasted period.
Corneal Topographers Market Trends
This section covers the major market trends shaping the Corneal Topographers Market according to our research experts:
The Refractive Surgery Evaluation Segment is Expected to Hold the Largest Market Share in the Corneal topographers Market
- The refractive surgery evaluation segment is expected to witness the largest market revenue over the forecast period. This dominance is owing to the higher demand to meet the rise in the volume of unaddressed refractive error and corneal opacity cases globally. Furthermore, the rising adoption of cataract surgery as the standard treatment in restoring the vision for individuals with cataracts. For instance, according to the World Health Organization (WHO) global estimates for the year 2019, about 123.7 million people have vision impairment due to unaddressed refractive error, 65.2 million affected with cataract, 6.9 million with glaucoma and 4.2 million people with corneal opacities. On the other hand, the Cataract surgery evaluation segment is anticipated to witness the highest growth over the forecast period due to the increased application of corneal topographers in the segment owing to the technological developments fueling the market revenue.
- Based on the end-user segment, the hospital segment accounts for the major share of the global ophthalmic diagnostics market during the forecast period due to an increase in new cases and a number of admissions in eye hospitals owing to eye disorders and rise in the elderly population with avoidable blindness. Also, the presence of a huge patient pool with a preference of treatment at hospitals with high disposable income and a rise in the purchasing power of hospitals in the emerging economies likely to drive the growth in this segment during the forecast period.
North America Dominates the Market and Expected to do Same in the Forecast Period.
North America is expected to dominate the overall corneal topographers market throughout the forecast period a steep rise in incidences of limbal dermoid, Corneal pterygium, and localized corneal scars along with rapid growth of elder population in the region. Furthermore, an increase in the investment by the key players and a huge pipeline of products in the ophthalmic devices sector along with a rise in approvals from the USFDA is expected to boost the growth of the market in the forecast period. For instance, according to the factsheet published by the World Health Organization (WHO) in 2019, about 2.2 billion people globally have a vision impairment or blindness and is expected to continue with rise in geriatric population due to age-related macular degeneration which directly drives for growth of the market in the region propelling the global corneal topographers market revenue.
Corneal Topographers Industry Overview
The corneal topographers market is moderately competitive and consists of several major players. Few of the key players are developing the new products with upgraded technologies to compete with to the existing products trending in the market while others are making partnerships with distributors to increase their sales and market position globally. For instance, in November 2017, Topcon Medical Systems incorporated the Olsen IOL calculation formula in its latest software of the ALADDIN Biometer and Corneal Topographer HW 3.0. the Olsen formula helps in accurate prediction of the physical location of the IOL after surgery which is expected to impel the global corneal topographers market growth throughout the forecast period. Some of the companies which are currently dominating the market are Topcon Medical Systems Inc, OCULUS Optikgerate GmbH, Carl Zeiss AG, Cassini Technologies and Ziemer Group AG.
Corneal Topographers Market Leaders
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Topcon Medical Systems Inc
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OCULUS Optikgerate GmbH
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Ziemer Group AG
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Carl Zeiss AG
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Cassini Technologies
*Disclaimer: Major Players sorted in no particular order
Corneal Topographers Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Increased Global Incidence of Ophthalmic Disorders Coupled with Rise in Geriatric Patients
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4.2.2 Rise in Government Support to Control Visual Impairment and Rapid Awareness of Eye Care
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4.3 Market Restraints
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4.3.1 Higher Cost of the Ophthalmic Devices and Treatment
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4.3.2 Lack of Awareness and Skilled Ophthalmologists in Emerging Nations
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Technology
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5.1.1 Scanning Slit Technology
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5.1.2 Reflection Based Technology
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5.2 By Application
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5.2.1 Refractive Surgery Evaluation
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5.2.2 Cataract Surgery Evaluation
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5.2.3 Corneal Disorder Diagnosis
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5.2.4 Contact Lens Fitting
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5.2.5 Others
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5.3 By Distribution Channel
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5.3.1 Eye Clinics
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5.3.2 Hospitals
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5.3.3 Others
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5.4 Geography
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5.4.1 North America
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5.4.1.1 United states
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5.4.1.2 Canada
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5.4.1.3 Mexico
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5.4.2 Europe
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5.4.2.1 Germany
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5.4.2.2 United Kingdom
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5.4.2.3 France
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5.4.2.4 Italy
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5.4.2.5 Spain
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5.4.2.6 Rest of Europe
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5.4.3 Asia-Pacific
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5.4.3.1 China
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5.4.3.2 Japan
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5.4.3.3 India
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5.4.3.4 Australia
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5.4.3.5 South Korea
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5.4.3.6 Rest of Asia-Pacific
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5.4.4 Middle-East and Africa
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5.4.4.1 GCC
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5.4.4.2 South Africa
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5.4.4.3 Rest of Middle-East and Africa
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5.4.5 South America
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5.4.5.1 Brazil
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5.4.5.2 Argentina
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5.4.5.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Topcon Medical Systems Inc
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6.1.2 Carl Zeiss Meditec AG
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6.1.3 Cassini Technologies
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6.1.4 Ziemer Group AG
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6.1.5 Nidek Co Ltd
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6.1.6 Optos plc
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6.1.7 Eyenuk Inc
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6.1.8 Aeon Imaging LLC
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6.1.9 Luneau Technology Group
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6.1.10 Oculus Optikgerate GmbH
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6.1.11 Medmont International Pty Ltd
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Corneal Topographers Industry Segmentation
Corneal topographers are non-invasive imaging devices that are mostly used in ophthalmology and optometry practices to map and diagnose corneal and ocular surface disorders such as limbal dermoid, pterygium, and localized corneal scars. Topographers provide a detailed description of various characteristics of cornea such as curvature and shape of the surface that helps in assessing the quality of vision, fitting of contact lenses and to assist in LASIK surgery. The devices also have an application in planning cataract surgery. Corneal topography is also used for detecting Toric intraocular lens (IOL) implantation is effective in treating regular astigmatism.
By Technology | |
Scanning Slit Technology | |
Reflection Based Technology |
By Application | |
Refractive Surgery Evaluation | |
Cataract Surgery Evaluation | |
Corneal Disorder Diagnosis | |
Contact Lens Fitting | |
Others |
By Distribution Channel | |
Eye Clinics | |
Hospitals | |
Others |
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Corneal Topographers Market Research FAQs
What is the current Corneal Topographers Market size?
The Corneal Topographers Market is projected to register a CAGR of greater than 6.20% during the forecast period (2024-2029)
Who are the key players in Corneal Topographers Market?
Topcon Medical Systems Inc, OCULUS Optikgerate GmbH, Ziemer Group AG, Carl Zeiss AG and Cassini Technologies are the major companies operating in the Corneal Topographers Market.
Which is the fastest growing region in Corneal Topographers Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Corneal Topographers Market?
In 2024, the North America accounts for the largest market share in Corneal Topographers Market.
What years does this Corneal Topographers Market cover?
The report covers the Corneal Topographers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Corneal Topographers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Corneal Topographers Industry Report
Statistics for the 2024 Corneal Topographers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Corneal Topographers analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.