Global Ophthalmic Perimeters Market by Product (Static, Kinetic, Combination), by End-use (Hospital, Ophthalmic Clinic) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global ophthalmic perimeters market was valued at USD 267.5 Million in 2020. It is expected to grow at a compound annual rate (CAGR of 4.3%) between 2021 and 2028. Market growth is expected to be driven by the increasing prevalence of ophthalmic conditions like glaucoma, cataracts, and other conditions. Market growth will also be boosted by the increasing number of product launches.

Hospitals and ophthalmic clinics, as well as non-profit organizations, are expanding their presence in rural regions in Asia and Africa. These strategic initiatives will help to increase the market reach for modern ophthalmic services and thus propel market growth.

SARS-CoV-2 caused the Covid-19 pandemic, which had many repercussions at unprecedented levels. It can cause a variety of symptoms, from mild to severe to life-threatening infections. The virus can infect all organs of the body. Many symptoms of eye infection were reported by ophthalmologists around the world. These data were further used by professionals to determine the likely symptoms and stage of the viral disease. Many literature searches were done for Covid-19 ophthalmic manifestations between 2020 and 2021. This literature includes 46 case reports, 8 series, 5 observational studies and 5 interventional studies. There are also 3 animal models' studies and 6 meta-analyses.

Conjunctivitis is the most common ophthalmic condition that can develop during Covid-19 infection. Ophthalmologists should take the time to review the patient's history and look for any symptoms. They can then recommend the appropriate diagnostic tests, reduce the spread of the infection, and begin treatment as soon as possible to prevent vision-threatening and life-threatening complications.

The market size was maintained throughout the pandemic because of the occurrence of few eye conditions and Covid infection. The market growth rate has not been affected and should be profitable over the forecast period.

Major factors driving the increase in demand for ophthalmic perimeters include the expansion of non-profit organisations and the opening of ambulatory clinics. The forecast period will see increased competition in the ophthalmic service industry, which is expected to drive the demand for technologically advanced permetry systems.

High-quality displays, image processing and analysis software development, as well as simplified operations are some of the technological advances in perimetry systems. The introduction of new perimeters at affordable prices will also increase the replacement rate for old perimeters.

To enable users to quickly use the device, manufacturers of the ophthalmic perimeters offer perimetry training. Workshops are also offered as part of these courses to give users hands-on experience. Manufacturers are participating in medical trade shows, conferences and exhibitions to display products like ophthalmic perimeters. Manufacturers expect such initiatives to increase customer loyalty and encourage the adoption of advanced devices.

Product Insights

Static perimeter was the dominant segment in the market for ophthalmic peripherals. In 2020, it held 37.2% of the total revenue. This segment is expected to experience moderate growth over the forecast period. Segment growth is expected to be driven by the effective use of the static perimeter for visual fields tests in children with and without glaucoma. These are also easily accessible for vision testing in patients with macular and glaucoma.

Over the forecast period, the combination segment ophthalmic perimeters is expected to see the fastest CAGR at 4.5%. Combination devices are able to detect large areas of affected tissue and help with the examination of peripheral defects. These devices are also quick to deliver accurate results, which will increase its popularity.

The forecast period will see significant growth in the kinetic perimeter segment. Its ability to capture moving stimuli, and thus provide accurate results, is the main driver of its growth. Its high spatial resolution allows it to capture advanced scotoma.

End-use Insights

In 2020, 42.0% of the market's revenue came from hospitals. The forecast period will see an increase in hospitals in developing countries as well as increased competition among healthcare service providers. This is expected to drive the demand for advanced ophthalmic perimeters. In the future, the demand for new installations will be driven by increasing mergers and acquisitions of hospitals and ophthalmology non profit organizations as well as growing trends in ambulatory care centres.

Ophthalmic clinics will continue to grow due to the rising prevalence of eye conditions, as well as the growing number of doctors in developing countries. This will drive the sector. Many hospitals have integrated ophthalmic centres for different procedures, such as visual field analysis.

Charitable and non-profit organizations, research institutes, laboratories, and ophthalmic associations/societies have been focusing to expand their services in remote areas. These non-profit organizations include:

• Optometry Cares – The AOA Foundation

• American Academy of Optometry Foundation

• The Low Vision Center

• SEE International

• World Blind Union

• Rotarian Action Group for Blindness Prevention

• Vision Aware

Up Market Research published a new report titled “Ophthalmic Perimeters Market research report which is segmented by Product (Static, Kinetic, Combination), by End-use (Hospital, Ophthalmic Clinic), By Players/Companies Optopol Technology Sp z oo, Nidek Co Ltd, Heidelberg Engineering GmbH, Haag-Streit AG, Takagi Seiko Co Ltd, Metrovision, Kowa Company Ltd, Carl Zeiss AG, Centervue SPA, Konan Medical USA Inc, Topcon Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Ophthalmic Perimeters Market Report Segments:

The market is segmented by Product (Static, Kinetic, Combination), by End-use (Hospital, Ophthalmic Clinic).

Ophthalmic Perimeters Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Ophthalmic Perimeters Market

Overview of the regional outlook of the Ophthalmic Perimeters Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Ophthalmic Perimeters Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Ophthalmic Perimeters Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Static

                2. Kinetic

                3. Combination

                1. Hospital

                2. Ophthalmic Clinic

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Ophthalmic Perimeters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Ophthalmic Perimeters Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.