Optical Biometry Devices Market Size And Forecast
Optical Biometry Devices Market size is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2020 to 2027.
Key factors attributed to the significant growth of the market in Asia Pacific are the presence of a high patient population suffering from eye disorders and the high prevalence of diseases such as diabetes and hypertension. The Global Optical Biometry Devices Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Optical Biometry Devices Market Definition
Optical Biometry also termed partial coherence interferometry (PCI) may be a crucial method applied by ophthalmologists in clinical practice for accurate measurement of the anatomical characteristics of the attention. Precise measurement is vital in determining the correct power of an IOL before it is implanted into the patient eligible for cataract surgery. With the use of Optical Biometry Devices, the accurate power of the lens is decided. Optical Biometry Devices are extensively utilized owing to their non-invasive, easy-to-perform nature, and it is notably comfortable for patients.
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Optical Biometry Devices are proficient enough of taking infinite measurements including axial length, anterior chamber depth, corneal thickness, and lens thickness. All the measurements are recorded at a single ophthalmology workstation. As compared to ultrasound biometry, which is an invasive procedure that necessitated direct contact with the cornea and the application of anesthetics which can be uncomfortable for the patients.
Furthermore, it also needs adjustment of the ultrasound speed optical condition are present e.g. silicone oil. However, significant training is required for the examiner to avoid errors. Ordinarily, the IOL power calculation is not accurate for all patients. All these problems are addressed by optical biometry. Optical Biometry Devices provide the true optical length of the eye as it utilizes light instead of sound for the measurement because of the shorter wavelength.
Global Optical Biometry Devices Market Overview
The global Optical Biometry Devices Market is driven by the growth in the prevalence of cataracts amongst the aging population, owing to diabetes, an unhealthy lifestyle. With the rise in disposable income among the population, people’s preference for refractive surgeries and IOL implantation will drive the global market.
However, limited skilled personnel and the availability of adequate testing equipment are a few factors that will hinder the expansion of the general global Market. Important scope for emerging optical imaging technologies in applications such as oncology, neurology, and research and low penetration in emerging economies contribute extensive opportunities in the market in these regions. Changing lifestyles such as sedentary lifestyles, longer working duration in front of a laptop/pc monitor, and absence of exercise and physical activities lead to various health conditions among populations across the world.
Global Optical Biometry Devices Market Segmentation Analysis
The Global Optical Biometry Devices Market is segmented on the basis of Product, Applications, And Geography.
Optical Biometry Devices Market, By Product
- Contact Type
- Non-Contact Type
Based on Product, The market is bifurcated into Contact Type and Non-Contact Type. Non-contact biometry devices do not need any contact with the eye and therefore avoid the risk of corneal abrasion and are preferred by the ophthalmologist.
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Optical Biometry Devices Market, By Applications
- Hospital
- Ophthalmology Clinics
- Ambulatory Surgical Centers
Based on Applications, The market is bifurcated into Hospital, Ophthalmology Clinics, and Ambulatory Surgical Centers. The hospital segment covers the dominant share within the global Optical Biometry Devices Market owing to the easy availability of optical biometry devices followed by Ophthalmology Clinics.
Optical Biometry Devices Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Regional Analysis, The Global Optical Biometry Devices Market is classified into North America, Europe, Asia Pacific, and Rest of the world. North America is essentially driven by the increasing incidence of cataract surgery among the aging population and favorable reimbursement policies. Technological advancement within the current product portfolio and high adoption of those devices in healthcare facilities is driving the North America Optical Biometry Devices market during the forecast period. Europe and the Asia Pacific remain the most lucrative market for optical biometry devices in the future.
Key Players
The “Global Optical Biometry Devices Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Topcon, Carl Zeiss, Nidek, Haag-Streit, Hill-Rom, Bausch & Lomb, Leica, Heine Optotechnik, Tomey, Optovue, Ametek, Canon, Keeler, Quantel, Ziemer Ophthalmic Systems, Accutome, DGH Technology, Synemed, Coburn Technologie. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
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