Global Keratometers Market

Keratometers Market Size, Share, Growth Analysis, By Product Type(Stationary type, Portable type), By End-Use(Hospitals, Ophthalmic Care Institutes, Diagnostic Centres, Laboratories), By Region - Industry Forecast 2024-2031

Report ID: SQMIG35A2183 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 64 | Figures: 75

Keratometers Market Regional Insights

In 2021 North America had the biggest market share, owing to factors such as rising astigmatism incidence, increased awareness about ophthalmic care, rising health care expenditure, an older population, a well-established medical service, and a higher demand for preventive medical care such as ophthalmic assessment.

However, due to the enormous population, geriatric population, increased awareness of ophthalmic care, rising living standards, a strengthening health service, and greater use of new treatments, the Asia Pacific area is the fastest emerging market.

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Keratometer Market was valued at USD 287.9 billion in 2022, and is poised to grow from USD 299.99 billion in 2023, to USD 416.92 Billion by 2031 at a CAGR of 4.20% during the forecast period (2024-2031).

The global keratometer market is dominated by major companies that are working on enhancing the specifications and features of automated keratometers as well as growing their product range through collaborations, partnerships, mergers, and acquisitions. For instance, in May 2021, by acquiring Capture 3D, ZEISS expanded its national footprint in the United States for its Industrial Quality & Research sector. 'Haag-Streit AG ', 'Nidek Co. Ltd.', 'Johnson and Johnson', 'Carl Zeiss Meditec AG', 'Bausch & Lomb Incorporated', 'Essilor International S.A.', 'Topcon Corporation', 'Luneau Technology Group', 'Oculus Optikgeräte GmbH', 'Canon Inc.', 'Huvitz Co., Ltd.', 'Takagi Seiko Co., Ltd.', 'Shin-Nippon Biomedical Laboratories, Ltd.', 'Medmont International Pty Ltd.', 'Marco Ophthalmic, Inc.', 'Coburn Technologies, Inc.', 'Kowa Company Ltd.', 'Nimo Italia Srl', 'Reichert Technologies (Ametek, Inc.)', 'Metrohm AG'

The global keratometer market is primarily driven by technical advances, government initiatives to improve health services, and the widespread use of ophthalmic equipment for various healthcare procedures. The rising acceptance rate for prescription lenses and glasses is another factor driving the global keratometer market.

To meet this expanding demand, leading manufacturers in the market are developing new products with unique characteristics such as glare testing and auto-refractors. The company is introducing a new automated keratometer that includes a refractometer, a 7.0-inch touchscreen display, and mild voice guiding. In the near future, a plethora of such developments is expected to promote growth.

In 2021 North America had the biggest market share, owing to factors such as rising astigmatism incidence, increased awareness about ophthalmic care, rising health care expenditure, an older population, a well-established medical service, and a higher demand for preventive medical care such as ophthalmic assessment.

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Global Keratometers Market

Report ID: SQMIG35A2183

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