Optical Biometry Devices Market Analysis, Growth Dynamics, Innovative Trends and Industry Forecast to 2025

Market Highlights:

The global Optical Biometry Devices Market size accounted for USD 275.0 million in 2018 and is projected to register a CAGR of 5.6% over the forecast period. Optical biometry, also known as ophthalmic biometry, is the current standard for intraocular lens (IOL) power calculations in clinical practice. This is used to measure the anatomical characteristics of the eye. Optical biometry by using partial coherence interferometry (PCI) is more accurate, easy to perform, non-invasive, and comfortable for the patient. Factors characterizing the market growth are worldwide increasing geriatric population, increased efficiency of optical biometry over ultrasound A-scans, growing awareness about eye care, rising older population, and a surge in the number of cataract and refractive surgeries.

Next-generation optical biometry devices reduce the undetected poor fixations by the optical ultrasound biometry devices. Furthermore, these devices are highly efficient and fast, eliminating manual errors from traditional biometry devices.

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Key Players:

·         Carl Zeiss AG

·         Bausch & Lomb Incorporated

·         Haag-Streit AG

·         NIDEK CO

·         Topcon Corporation

·         Welch Allyn

·         Heine Optotechnik GmbH & Co. KG

·         Tomey Corporation

·         AMETEK

·         Optovue

·         Incorporated

Segmentation:

·         The global optical biometry devices market has been segmented into product and end user.

·         By product, the market has been segmented into swept-source optical coherence tomography (SSOCT)-based biometers, partial coherence interferometry (PCI)-based biometers, and optical low coherence reflectometry (OLCR)-based biometers.

·         Based on end user, the market has been classified into hospitals, ophthalmic clinics, and others. A gradual rise in the number of government and private hospitals in emerging countries such as China and India along with increase in the adoption of optical biometry devices in hospitals is expected to support the dominance the hospital’s segment

Regional Segmentation:

The global optical biometry devices market has been categorized on the basis of region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.