Corneal Topographers Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Market Overview

The corneal topographers market studied was anticipated to grow with a CAGR of nearly 6.2% during the forecast period. The major factors driving the growth of the market are the global prevalence of various ophthalmic disorders such as refractive errors, cataracts, diabetic retinopathy, etc. and rise in the geriatric population. For instance, according to the study results published by the International Council of Ophthalmology, in 2019, the prevalence of eyes disorders increased in population age over 50 due to high rate of macular degeneration which directly resulted in higher demand for diagnosis and efficient earlier treatments fueling the growth of the market. Furthermore, an increase in technological advancements in the corneal topography led to a steep rise in wide range of applications such as of diagnosis for various disorders such as corneal astigmatism, an assessment for the implantation of a toric IOL and cataract surgery evaluation are expected to boost the growth of the global corneal topographers market throughout the forecasted period.

Scope of the Report

Corneal topographers are non-invasive imaging devices that are mostly used in ophthalmology and optometry practices to map and diagnose corneal and ocular surface disorders such as limbal dermoid, pterygium, and localized corneal scars. Topographers provide a detailed description of various characteristics of cornea such as curvature and shape of the surface that helps in assessing the quality of vision, fitting of contact lenses and to assist in LASIK surgery. The devices also have an application in planning cataract surgery. Corneal topography is also used for detecting Toric intraocular lens (IOL) implantation is effective in treating regular astigmatism.

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Key Market Trends

The Refractive Surgery Evaluation Segment is Expected to Hold the Largest Market Share in the Corneal topographers Market

• The refractive surgery evaluation segment is expected to witness the largest market revenue over the forecast period. This dominance is owing to the higher demand to meet the rise in the volume of unaddressed refractive error and corneal opacity cases globally. Furthermore, the rising adoption of cataract surgery as the standard treatment in restoring the vision for individuals with cataracts. For instance, according to the World Health Organization (WHO) global estimates for the year 2019, about 123.7 million people have vision impairment due to unaddressed refractive error, 65.2 million affected with cataract, 6.9 million with glaucoma and 4.2 million people with corneal opacities. On the other hand, the Cataract surgery evaluation segment is anticipated to witness the highest growth over the forecast period due to the increased application of corneal topographers in the segment owing to the technological developments fueling the market revenue.
• Based on the end-user segment, the hospital segment accounts for the major share of the global ophthalmic diagnostics market during the forecast period due to an increase in new cases and a number of admissions in eye hospitals owing to eye disorders and rise in the elderly population with avoidable blindness. Also, the presence of a huge patient pool with a preference of treatment at hospitals with high disposable income and a rise in the purchasing power of hospitals in the emerging economies likely to drive the growth in this segment during the forecast period.

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