Global Tonometer Market by End Use (Hospitals, Ophthalmic Centers), by Portability (Desktop, Handheld), by Type (Dynamic Contour, Indentation, Rebound, Applanation) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
Summary of the Report
Global tonometer sales were valued at USD 319.3 millions in 2018, and are expected to grow by 5.3% during the forecast period. Market growth is expected to be influenced by the increasing prevalence of diabetes, glaucoma, hypertension, and myopia. Research has shown that diabetes can increase the risk of developing glaucoma by 36.0%. According to an American Academy of Ophthalmology article, the global prevalence of Glaucoma among patients 40-80 years old is estimated to be 76.0 Million in 2020 and 111.8 Million by 2040.
In the next few years, the demand for tonometers will increase due to a rapidly growing geriatric population, rising life expectancy and decreasing mortality rates. Glaucoma is more common in people over 60. The risk goes up each year after 40. The Federal Statistics Office report from Germany states that 22.0% of Germany's total population were 60 years old or older in 2014. This number is expected to rise to 27.0% in 2030, according to the Federal Statistics Office report.
The market will be driven by increasing awareness among patients regarding early diagnosis and regular monitoring IOP to prevent vision loss. Hospitals and clinics will likely adopt tonometers if they have favorable reimbursement policies. United Healthcare in the USA, for example, provides insurance services and reimburses the cost standard and advanced tonometers, such as the Pascal dynamic contour tonometer, under CPT 0198T Code Category III.
The market is expected to grow due to the increasing number of glaucoma screenings programs that are offered by the public, private and semi-public healthcare sectors. Glaucoma is not easily diagnosed. Regular eye checks are the best way to detect it early. Tonometers are in high demand due to the increased awareness of glaucoma. Market growth is expected to be boosted by an increase in eye screening programs. Vision 2020: The Right to Sight India, for instance, organized a conference on national ophthalmology to promote eye care practices, its success management, and free eye checkups.
Type Insights
The market can be divided into four types: application, rebound and indentation. The applanation market can be further divided into Perkins and Goldmann applanation tonometry and non-contact tonemeter. Pneumotonometers and tono-pens are examples of indentation tonometers.
The largest market share was held by the lanation tonometer in 2018, and it is expected to continue growing at a rapid pace over the forecast period. Segment growth is due to the introduction of more technologically advanced tonometers that provide better diagnostic accuracy and comfort features for patients. Ocular response analyzer (G3) by Reichert, for example, measures IOP without the need to contact the cornea. This eliminates the need for sterilization and anesthesia. Segment growth will be impeded by the risks of traditional Goldmann or Perkins tonometers in the future, such as corneal abrasion and cross-contamination.
The forecast period will see significant growth in rebound tonometer. This segment is growing due to a rising preference for portable, simple-to-use, sensitive and portable devices. The handheld rebound tonometer does not require any pre-training or professional skills. It is therefore a popular choice for screening and in-home care. Icare Finland is a market leader in this sector. The majority of its rebound meters are approved by regulatory agencies such as the U.S. FDA or the EU.
Portability Insights
The market for tonometers can be divided into two categories based on their portability: desktop and handheld. The market share for handheld tonometers was the largest in 2018, and it is expected to continue growing at a steady pace over the forecast period. This segment is notable due to its ergonomic design and low prices.
Ocular Response Analyzers (ORA) and Dynamic Contour Tonometers (DCT), both desktop tonometers, measure IOP independently of corneal biochemical characteristics. The segment is expected to grow due to increasing ocular surgeries like keratoplasty and glaucoma. These conditions can be treated with IOP measurement and a detailed study on corneal biomechanical properties to lower future medical costs.
The forecast period will see a substantial increase in handheld tonometer sales. Handheld devices are available for purchase from Perkins tonometer, Tono-pen and rebound tonometer. This market is expected to grow due to its portability, ease of use, and comfort for patients. Icare HOME by Icare Finland, for example, is a handheld rebound tonometer which measures IOP accurately with one push of a button. It can also be used at home by patients after they have been trained in its use.
End-use Insights
The market can be divided by end-user into hospitals, ophthalmic centres, and other. Ophthalmic centers accounted for the largest share of the market in 2018, and it is expected to continue growing at a rapid pace over the forecast period. This segment has seen significant growth due to its large patient base, increased government and private funding, as well as the availability of skilled professionals.
Over the forecast period, the market for ophthalmic centres is expected to expand at a steady pace. The market's growth is expected to be driven by cost-effectiveness and accessibility. Glaucoma management involves regular follow-ups and check-ups. Because of its increasing prevalence, it can only be managed with the cooperation of all end-users like hospitals and ophthalmic clinics. The market will grow significantly over the forecast period, as glaucoma costs are being reimbursed in many countries, including the U.S. and Germany.
Regional Insights
In 2018, North America accounted for the largest percentage of the global market. Growth of the market is expected to be driven by the presence of major players and streamlined reimbursement policies. The American Academy of Ophthalmology, (AAO) estimates that glaucoma is affecting more than 2.7 million people in the United States.
In 2018, Europe was second in the market. The market's growth is expected to be driven by the increasing prevalence of glaucoma risk factor factors like diabetes, myopia, hypertension, and other eye diseases. The WHO estimates that there are more than 60 million Europeans living with diabetes. This is due to increasing behavioral risk factors like smoking, alcohol use, unhealthy eating habits and sedentary living.
Asia Pacific is expected to experience the highest CAGR during the forecast period. This growth is expected to be aided by rapid urbanization and increased awareness about glaucoma, particularly in developing countries like India and China. The Asia Pacific market is expected to grow over the forecast period due to large unmet healthcare needs, improved healthcare infrastructure, increased life expectancy, and other factors.
Market Share Analysis for Tonometer
Keeler Ltd., Topcon Corporation, and Icare Finland Oy are the top players in this market. ; Amtek, Inc., Reichert, Inc.; OCULUS, Kowa American Corporation, and NIDEK CO., LTD. This market is fragmented due to the presence of many players at local and regional levels. Most companies use mergers and acquisitions as their main strategy.
Market participants are seen to be interested in expanding their product portfolios in the ophthalmic diagnosis devices category. This would increase the number acquisitions over the forecast period. Revenio, which is the parent company of Icare Finland, purchased CenterVue in April 2019 for USD 65.0 millions. This was a leader in the manufacturing of ophthalmic diagnostic devices. Revenio's product portfolio in ophthalmic medicine will be strengthened by this acquisition.
Tonometer Market Report Scope
Report Attribute |
More Details |
2020 Market Size Value |
USD 356.8 Million |
Forecast revenue in 2026 |
USD 483.6 Million |
Growth Rate |
CAGR of 5.3% between 2019 and 2026 |
Estimation base year |
2018 |
Historical data |
2015 - 2017 |
Forecast period |
2019 - 2026 |
Quantitative units |
From 2019 to 2026, revenue in USD millions and CAGR |
Report coverage |
Forecast revenue, company share, competitive landscape and growth factors and trends |
Segments covered |
Type, portability and end use. |
Regional scope |
North America; Europe, Asia Pacific; Latin America. Middle East & Africa |
Country coverage |
U.S.; Canada; U.K.; Germany; France; Italy; Spain;Russia; Netherlands; Switzerland; Turkey; Poland; China; India; Japan; Thailand; South Korea; Indonesia; Taiwan; Hong Kong; Philippines; Malaysia; Mexico; Brazil; Chile; Argentina; South Africa; Saudi Arabia; UAE; Iran |
Key companies profiled |
Keeler Ltd., Topcon Corporation; Icare Finland Oy. ; Amtek, Inc., and Reichert, Inc. OCULUS: Kowa American Corporation; NIDEK CO., LTD |
The scope of customization |
With purchase, you get free report customization (equivalent to up to 8 analysts working day) You can add or modify country, region and segment scope. |
Prices and purchase options |
You can get customized purchase options that meet your research needs. Explore your purchase options |
The Report Covers Certain Segments
This report predicts revenue growth at the global, regional and country level and offers an analysis of industry trends for each sub-segment from 2015 to 2026. Grand View Research has divided the global tonometer market report by type, portability and end-use.
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Type Outlook (Revenue USD Million, 2015-2026)
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Applanation Tonometer
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Applanation tonometry by Perkins and Goldmann
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Non-contact tonometer
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Ocular Response Analyzer
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Tonometer Rebound
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Tonometer for indentation
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Pascal Dynamic Contour Tonometer
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Portability Outlook (Revenue USD Million, 2015-2026)
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Desktop
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Handheld
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End-use Outlook (Revenue USD Million, 2015-2026)
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Hospitals
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Ophthalmic centres
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Other
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Regional Outlook (Volume and Units; Revenue, USD million, 2015-2026)
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North America
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The U.S.
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Canada
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Europe
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Germany
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The U.K.
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France
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Italy
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Spain
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Russia
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Netherlands
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Switzerland
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Turkey
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Poland
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Asia Pacific
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China
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Japan
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India
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Thailand
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South Korea
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Indonesia
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Taiwan
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Hong Kong
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Philippines
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Malaysia
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Latin America
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Brazil
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Mexico
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Argentina
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Chile
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Middle East & Africa
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South Africa
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Saudi Arabia
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UAE
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Iran
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Up Market Research published a new report titled “Tonometer Market research report which is segmented by End Use (Hospitals, Ophthalmic Centers), by Portability (Desktop, Handheld), by Type (Dynamic Contour, Indentation, Rebound, Applanation), By Players/Companies Inc; OCULUS; Kowa American Corporation; and NIDEK CO, Inc and Reichert, LTD The market is highly fragmented with the presence of numerous players at regional and local levels Mergers and acquisitions are the major strategies adopted by most of the companies, Keeler Ltd; Topcon Corporation; Icare Finland Oy; Amtek”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | Tonometer Market Research Report |
By End Use | Hospitals, Ophthalmic Centers |
By Portability | Desktop, Handheld |
By Type | Dynamic Contour, Indentation, Rebound, Applanation |
By Companies | Inc; OCULUS; Kowa American Corporation; and NIDEK CO, Inc and Reichert, LTD The market is highly fragmented with the presence of numerous players at regional and local levels Mergers and acquisitions are the major strategies adopted by most of the companies, Keeler Ltd; Topcon Corporation; Icare Finland Oy; Amtek |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 228 |
Number of Tables & Figures | 160 |
Customization Available | Yes, the report can be customized as per your need. |
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 Tonometer Market Report Segments:
The market is segmented by End Use (Hospitals, Ophthalmic Centers), by Portability (Desktop, Handheld), by Type (Dynamic Contour, Indentation, Rebound, Applanation).
Tonometer 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 Tonometer Market
Overview of the regional outlook of the Tonometer 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 Tonometer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Tonometer Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
1. Hospitals
2. Ophthalmic Centers
7. By Portability:1. Desktop
2. Handheld
8. By Type:1. Dynamic Contour
2. Indentation
3. Rebound
4. Applanation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tonometer 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
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Reasons to Purchase the Tonometer 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.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tonometer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Tonometer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tonometer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Tonometer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Tonometer Market Size & Forecast, 2018-2028
4.5.1 Tonometer Market Size and Y-o-Y Growth
4.5.2 Tonometer Market Absolute $ Opportunity
Chapter 5 Global Tonometer Market Analysis and Forecast by End Use
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by End Use
5.1.2 Basis Point Share (BPS) Analysis by End Use
5.1.3 Absolute $ Opportunity Assessment by End Use
5.2 Tonometer Market Size Forecast by End Use
5.2.1 Hospitals
5.2.2 Ophthalmic Centers
5.3 Market Attractiveness Analysis by End Use
Chapter 6 Global Tonometer Market Analysis and Forecast by Portability
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Portability
6.1.2 Basis Point Share (BPS) Analysis by Portability
6.1.3 Absolute $ Opportunity Assessment by Portability
6.2 Tonometer Market Size Forecast by Portability
6.2.1 Desktop
6.2.2 Handheld
6.3 Market Attractiveness Analysis by Portability
Chapter 7 Global Tonometer Market Analysis and Forecast by Type
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Type
7.1.2 Basis Point Share (BPS) Analysis by Type
7.1.3 Absolute $ Opportunity Assessment by Type
7.2 Tonometer Market Size Forecast by Type
7.2.1 Dynamic Contour
7.2.2 Indentation
7.2.3 Rebound
7.2.4 Applanation
7.3 Market Attractiveness Analysis by Type
Chapter 8 Global Tonometer Market Analysis and Forecast by Region
8.1 Introduction
8.1.1 Key Market Trends & Growth Opportunities by Region
8.1.2 Basis Point Share (BPS) Analysis by Region
8.1.3 Absolute $ Opportunity Assessment by Region
8.2 Tonometer Market Size Forecast by Region
8.2.1 North America
8.2.2 Europe
8.2.3 Asia Pacific
8.2.4 Latin America
8.2.5 Middle East & Africa (MEA)
8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
9.1 Introduction
9.2 Current & Future Impact Analysis
9.3 Economic Impact Analysis
9.4 Government Policies
9.5 Investment Scenario
Chapter 10 North America Tonometer Analysis and Forecast
10.1 Introduction
10.2 North America Tonometer Market Size Forecast by Country
10.2.1 U.S.
10.2.2 Canada
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 North America Tonometer Market Size Forecast by End Use
10.6.1 Hospitals
10.6.2 Ophthalmic Centers
10.7 Basis Point Share (BPS) Analysis by End Use
10.8 Absolute $ Opportunity Assessment by End Use
10.9 Market Attractiveness Analysis by End Use
10.10 North America Tonometer Market Size Forecast by Portability
10.10.1 Desktop
10.10.2 Handheld
10.11 Basis Point Share (BPS) Analysis by Portability
10.12 Absolute $ Opportunity Assessment by Portability
10.13 Market Attractiveness Analysis by Portability
10.14 North America Tonometer Market Size Forecast by Type
10.14.1 Dynamic Contour
10.14.2 Indentation
10.14.3 Rebound
10.14.4 Applanation
10.15 Basis Point Share (BPS) Analysis by Type
10.16 Absolute $ Opportunity Assessment by Type
10.17 Market Attractiveness Analysis by Type
Chapter 11 Europe Tonometer Analysis and Forecast
11.1 Introduction
11.2 Europe Tonometer Market Size Forecast by Country
11.2.1 Germany
11.2.2 France
11.2.3 Italy
11.2.4 U.K.
11.2.5 Spain
11.2.6 Russia
11.2.7 Rest of Europe
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Europe Tonometer Market Size Forecast by End Use
11.6.1 Hospitals
11.6.2 Ophthalmic Centers
11.7 Basis Point Share (BPS) Analysis by End Use
11.8 Absolute $ Opportunity Assessment by End Use
11.9 Market Attractiveness Analysis by End Use
11.10 Europe Tonometer Market Size Forecast by Portability
11.10.1 Desktop
11.10.2 Handheld
11.11 Basis Point Share (BPS) Analysis by Portability
11.12 Absolute $ Opportunity Assessment by Portability
11.13 Market Attractiveness Analysis by Portability
11.14 Europe Tonometer Market Size Forecast by Type
11.14.1 Dynamic Contour
11.14.2 Indentation
11.14.3 Rebound
11.14.4 Applanation
11.15 Basis Point Share (BPS) Analysis by Type
11.16 Absolute $ Opportunity Assessment by Type
11.17 Market Attractiveness Analysis by Type
Chapter 12 Asia Pacific Tonometer Analysis and Forecast
12.1 Introduction
12.2 Asia Pacific Tonometer Market Size Forecast by Country
12.2.1 China
12.2.2 Japan
12.2.3 South Korea
12.2.4 India
12.2.5 Australia
12.2.6 South East Asia (SEA)
12.2.7 Rest of Asia Pacific (APAC)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Asia Pacific Tonometer Market Size Forecast by End Use
12.6.1 Hospitals
12.6.2 Ophthalmic Centers
12.7 Basis Point Share (BPS) Analysis by End Use
12.8 Absolute $ Opportunity Assessment by End Use
12.9 Market Attractiveness Analysis by End Use
12.10 Asia Pacific Tonometer Market Size Forecast by Portability
12.10.1 Desktop
12.10.2 Handheld
12.11 Basis Point Share (BPS) Analysis by Portability
12.12 Absolute $ Opportunity Assessment by Portability
12.13 Market Attractiveness Analysis by Portability
12.14 Asia Pacific Tonometer Market Size Forecast by Type
12.14.1 Dynamic Contour
12.14.2 Indentation
12.14.3 Rebound
12.14.4 Applanation
12.15 Basis Point Share (BPS) Analysis by Type
12.16 Absolute $ Opportunity Assessment by Type
12.17 Market Attractiveness Analysis by Type
Chapter 13 Latin America Tonometer Analysis and Forecast
13.1 Introduction
13.2 Latin America Tonometer Market Size Forecast by Country
13.2.1 Brazil
13.2.2 Mexico
13.2.3 Rest of Latin America (LATAM)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Latin America Tonometer Market Size Forecast by End Use
13.6.1 Hospitals
13.6.2 Ophthalmic Centers
13.7 Basis Point Share (BPS) Analysis by End Use
13.8 Absolute $ Opportunity Assessment by End Use
13.9 Market Attractiveness Analysis by End Use
13.10 Latin America Tonometer Market Size Forecast by Portability
13.10.1 Desktop
13.10.2 Handheld
13.11 Basis Point Share (BPS) Analysis by Portability
13.12 Absolute $ Opportunity Assessment by Portability
13.13 Market Attractiveness Analysis by Portability
13.14 Latin America Tonometer Market Size Forecast by Type
13.14.1 Dynamic Contour
13.14.2 Indentation
13.14.3 Rebound
13.14.4 Applanation
13.15 Basis Point Share (BPS) Analysis by Type
13.16 Absolute $ Opportunity Assessment by Type
13.17 Market Attractiveness Analysis by Type
Chapter 14 Middle East & Africa (MEA) Tonometer Analysis and Forecast
14.1 Introduction
14.2 Middle East & Africa (MEA) Tonometer Market Size Forecast by Country
14.2.1 Saudi Arabia
14.2.2 South Africa
14.2.3 UAE
14.2.4 Rest of Middle East & Africa (MEA)
14.3 Basis Point Share (BPS) Analysis by Country
14.4 Absolute $ Opportunity Assessment by Country
14.5 Market Attractiveness Analysis by Country
14.6 Middle East & Africa (MEA) Tonometer Market Size Forecast by End Use
14.6.1 Hospitals
14.6.2 Ophthalmic Centers
14.7 Basis Point Share (BPS) Analysis by End Use
14.8 Absolute $ Opportunity Assessment by End Use
14.9 Market Attractiveness Analysis by End Use
14.10 Middle East & Africa (MEA) Tonometer Market Size Forecast by Portability
14.10.1 Desktop
14.10.2 Handheld
14.11 Basis Point Share (BPS) Analysis by Portability
14.12 Absolute $ Opportunity Assessment by Portability
14.13 Market Attractiveness Analysis by Portability
14.14 Middle East & Africa (MEA) Tonometer Market Size Forecast by Type
14.14.1 Dynamic Contour
14.14.2 Indentation
14.14.3 Rebound
14.14.4 Applanation
14.15 Basis Point Share (BPS) Analysis by Type
14.16 Absolute $ Opportunity Assessment by Type
14.17 Market Attractiveness Analysis by Type
Chapter 15 Competition Landscape
15.1 Tonometer Market: Competitive Dashboard
15.2 Global Tonometer Market: Market Share Analysis, 2019
15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
15.3.1 Inc; OCULUS; Kowa American Corporation; and NIDEK CO
15.3.2 Inc and Reichert
15.3.3 LTD The market is highly fragmented with the presence of numerous players at regional and local levels Mergers and acquisitions are the major strategies adopted by most of the companies
15.3.4 Keeler Ltd; Topcon Corporation; Icare Finland Oy; Amtek