Ophthalmic perimeters are those devices which are specially designed so they can detect and access the visual field in humans. These devices have the ability to detect the blind spot of a patient by measuring and evaluating the field of vision. These devices can easily measure the pathological changes in an individual’s visual field. They use different corners and intensities to assess sensitivity, and tests the visual domain. These devices are widely used in application such as eye testing, diagnosis of any eye disease, and evaluation of visual skills.
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Some of the major factors which are creating new opportunities for the ophthalmic perimeters market in the forecast period of 2019-2026 are:
- High prevalence of ophthalmic disorders: Ophthalmic diseases are those diseases which are entirely related to eyes. Some of the common ophthalmic diseases are presbyopia, colorblindness, floaters, dry eyes, glaucoma, retinal disorders, conjunctivitis, corneal disorders, and other. Most ophthalmic conditions appropriate for self-treatment, such as contact dermatitis and blepharitis. Some of these conditions are self-treated while on the other hand some requires proper specialist care. There is increase the cases of ophthalmic disorders among population which is enhancing the growth for ophthalmic perimeters market.
- Growing levels of geriatric population, with this category associated with high levels of ophthalmic disorders: Ophthalmic disorders are very common in aging population because people with time start facing some age related eye changes. Some people face some minor disorders while some have to grow through some serious age related eyes disease which can affect the quality of life of a person. Some of the common problems that people face are presbyopia, and cataracts. They usually decrease the pupil size, create dry eyes, reduce color vision, and also cause loss of peripheral vision.
The Global Ophthalmic Perimeters Market is segmented on the basis of product, function, and end- users. On the basis of product, the ophthalmic perimeters market is classified into static, kinetic and combination. The function segment of the ophthalmic perimeters market is divided into single function, and multifunction. The market is also segmented on the basis of end users into hospitals, ophthalmic clinics, and other.
Many launches and acquisitions are done in the market by many companies which help them to strengthen their market position and also enhance the demand of the ophthalmic perimeters in the market. Some of the recent developments associated with the ophthalmic perimeters market are:
- In October 2019, Sun Pharmaceutical Industries Ltd announced the launch of their new ophthalmic solution Cequa which is specially designed for the treatment of dry-eye disease. The drug provides the highest concentration of ophthalmic cyclosporine which is approved by the Food and Drug Administration of the United States.
- In January 2019, Atlantic Street Capital announced that their portfolio company Lombart Instrument will partner with Marco so they can develop Advancing Eyecare Holdings. This launch will help the company to provide advanced products and services to the doctors and will also enhance the service capability of Macro and technology abilities of Lambort. This partnership will also help them to strengthen their market position and enhance their global reach.
Ophthalmic perimeters market is expected to rise to an estimated value of USD 354 million by 2026, registering a steady CAGR in the forecast period of 2019-2026
Few of the major competitors currently working in the global ophthalmic perimeters market are HAAG-STREIT GROUP, Carl Zeiss AG, NIDEK CO., LTD.,Heidelberg Engineering GmbH, OPTOPOL Technology Sp. z o.o., TAKAGI SEIKO CO.,LTD., Kowa Company, Ltd.,Metrovision, Konan Medical USA, Inc., CENTERVUE S.P.A., Elektron Technology plc., MEDA Co., Ltd., Medmont International Pty Ltd., OCULUS, Inc. and US Ophthalmic among others.
Increasing cases of cataract & glaucoma and increasing number of hospitals and ophthalmic clinics will affect the growth of the ophthalmic perimeters market positively. There is also increase in the competition among ophthalmic care service industry which is also expected to drive the market growth. On the other hand, there is availability of advanced ophthalmic perimeters with high quality displays, developed image processing and other advanced functions which will also accelerate the demand for the ophthalmic perimeters. These are some of the factors which are expected to create new opportunities for the ophthalmic perimeters market in the forecast period of 2019-2026.
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