Tonometer Market Size (2024 - 2029)

Tonometer Market Analysis

The Tonometer Market size is estimated at USD 356.56 million in 2024, and is expected to reach USD 456.16 million by 2029, growing at a CAGR of 5.05% during the forecast period (2024-2029).

The tonometer market was impacted by the COVID-19 outbreak, which is majorly attributed to the lockdown placed by several countries. Visits to ophthalmic centers or hospitals had reduced drastically, and only emergency procedures were performed. This reduced the sales of the tonometer devices and affected the company revenues of the market players. However, as all the restrictions and ophthalmic services were resumed, the market is expected to grow over the study period. For instance, as per the Carl Zeiss Meditec Group 2022 annual report, the ophthalmic diagnostic equipment market, including tonometers, grew around 19% in 2021 compared with the prior pandemic year. In the future, the Carl Zeiss Meditec Group expects the market for ophthalmic products to grow annually by a percentage, at least in the low to mid-single-digit range, due to the intact demographic and other growth drivers.

The major factors attributing to the growth of the studied market are the increasing incidence of glaucoma, the rising geriatric population and diabetic patients who are more prone to develop glaucoma, leading to a higher demand in the eye examination equipment market, and the increasing number of eye checkup camps and glaucoma awareness programs.

The high burden of glaucoma increases the demand for tonometers, which is expected to drive the tonometry market over the study period; for instance, as per the WHO report published in October 2022, 7.7 million people globally had moderate or severe distance vision impairment or blindness due to glaucoma. In addition, as per the same source, glaucoma is more prevalent in high-income countries. Hence, with a high burden of glaucoma, the demand to measure intraocular pressure using a tonometer or IOP measurement devices increases, which is expected to have significant growth in the tonometry market over the study period.

Furthermore, the new product approvals and launches increase the widespread distribution of tonometer devices in various regions. For instance, in November 2022, CATS Disposable Tonometer Prism (CATS-D), an advanced applanation tonometer, was made available through Lovell Government Services for Veterans Affairs (VA) and the Department of Defense (DoD) in the United States. Thus, the new approvals of the market players increase the product portfolio of market players, which is expected to have significant growth in the market over the forecast period.

However, the risk of infection with contact tonometers and the lack of accuracy in non-contact tonometry is expected to hinder the growth of the market over the forecast period.

Tonometer Industry Segmentation

As per the scope of the report, the tonometer is an instrument used for the determination of intraocular pressure or the pressure of the fluid within the eye. Tonometry is a diagnostic test primarily used to detect glaucoma. 

The tonometer market is segmented by technology (application tonometry, indentation tonometry, rebound tonometry, and other technologies), portability type (desktop and handheld), end user (hospitals and ophthalmic centers), type (direct and indirect), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally.

The report offers the value (in USD) for the above segments.