Keratometer Market size was estimated at $xx Million in 2020 and is expected to reach $xx Million by 2027, growing at a CAGR of 9.5% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
A Keratometer consists of a ray of light that is projected on the cornea, where it is reflected in the "mirror" that forms its convex face, giving a specific image of each of the main meridians of the cornea and whose difference constitutes the corneal astigmatism of the eye. Its a diagnostic instrument used to measure eventual refractive errors of the eye, by measuring the curvature of the outer surface of the cornea.
The instrument nowadays is commonly used in contactology in the adaptation of contact lenses, since knowing exactly the central curvature of the main corneal meridians is essential to calculate the radius of the first trial lens, which is one of the first steps of the individualized contact lens fitting process. However, its main purpose is for measuring the extent of refractive errors, such as astigmatism, or for the detection of other refractive errors by refractive surgery procedures.
Keratometer Market Growth and Trends
Keratometer has gained essential importance in evaluating patients with keratoconus, mounting contact lenses, and resolving the power of the intraocular lens implant for patients with cataract surgery. Therefore, due to a growing awareness that people have when it comes to their health and especially towards eye health, the demand for the keratometer market should grow significantly by 2025.
The main factor leading to the global keratometer market growth is the technological progress in the ophthalmic equipment domain. But, another important factor may be the devices smooth operation, robustness, and durability that a keratometer has. Growing applications in hospitals, clinics, and research laboratories are also stimulating the growth of the global keratometer market.
Other factors driving the growth of global keratometers are the increasing use of contact lenses and glasses and opportunities in ancillary markets, which are expected to contribute to the extent of this market. For example, the continuous increase in the number of patients suffering from post-cataract surgery and a pre-existing state of astigmatism may be another predominant factor for the growth of the global market.
Geographically, the North American market is expected to have a significant market share due to technological advances in the development of the keratometer, the growing demand for the diagnosis of refractive errors, but also the cost of healthcare, government initiatives. and raising awareness of the state of astigmatism in the region. North America is closely followed by Europe in terms of increasing health care spendings.
Challenges to Keratometer Market: Although the keratometer market is booming, several factors could limit its growth, such as the high cost of the device.
Keratometer Industry Regional Analysis
Keratometer Market Share and Competition
Key companies operating in this industry are: Haag-Streit AG (Switzerland), Abbott Medical Optics Inc. (U.S.), Carl Zeiss Meditec AG (Germany), Nidek Co. Ltd. (Japan), Topcon Corporation (Japan), Ziemer Ophthalmic Systems AG (Switzerland), Alcon Inc. (Switzerland), Essilor International S.A. (France), Johnson and Johnson (U.S.) and Bausch and Lomb, Inc. (U.S.)
Keratometer Market Research Report Analysis Highlights
● Historical data available (as per request)
● Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
● Data breakdown for every market segment (2020 – 2027)
● Gross margin and profitability analysis of companies
● Price analysis of each product type
● Business trend and expansion analysis
● Import and export analysis
● Competition analysis/market share
● Supply chain analysis
● Client list and case studies
● Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Automatic Keratometer
• Others
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Hospitals
• Ophthalmology Clinics
Region Analysis (Revenue, USD Million, 2020 - 2027)
● United States
● Canada
● Mexico
● France
● Germany
● Italy
● Spain
● United Kingdom
● Russia
● China
● India
● Philippines
● Malaysia
● Australia
● Austria
● South Korea
● Middle East
● Japan
● Africa
● Rest of World
Keratometer Industry Companies
• Haag-Streit AG (Switzerland)
• Abbott Medical Optics Inc. (U.S.)
• Carl Zeiss Meditec AG (Germany)
• Nidek Co. Ltd. (Japan)
• Topcon Corporation (Japan)
• Ziemer Ophthalmic Systems AG (Switzerland)
• Alcon Inc. (Switzerland)
• Essilor International S.A. (France)
• Johnson and Johnson (U.S.)
• Bausch and Lomb, Inc. (U.S.)
Available Versions:-
United States Keratometer Market Research Report
Europe Keratometer Market Research Report
Asia Pacific Keratometer Market Research Report
India Keratometer Market Research Report
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