Global Ophthalmic Perimeters Market Report and Forecast 2024-2032

Global Ophthalmic Perimeters Market Outlook

The ophthalmic perimeters market size was valued at USD 329.7 million in 2023, driven by the technical advances in optical perimeter devices across the globe. The market is expected to grow at a CAGR of 4.6% during the forecast period of 2024-2032, with the values likely to rise from USD 344.9 million in 2023 to USD 495.1 million by 2032.

Ophthalmic Perimeters: Introduction

Ophthalmic perimetry is a technique used to detect if a person has any issue in their central or peripheral vision. It is conducted through a bowl-shaped instrument known as a perimeter. It can be used to detect early nerve damage to prevent underlying eye diseases like glaucoma, along with the analysis whether the medicine is affecting to treat the disease or not. Moreover, it can also help with detecting vision loss that may occur due to neurological diseases.

There are two common types of ophthalmic perimetries namely confrontation/kinetic perimetry (moving test method) and static perimetry (stationary test method).

Global Ophthalmic Perimeters Market Analysis

The number of people afflicted with glaucoma is expected to reach 111 million by 2040. Owing to its incidence of glaucoma across the globe, there has been an enduring focus on its prevention and early detection. As a result, ophthalmic perimeters market demand has witnessed an impressive surge in the historic period.

The arrival of consumer electronics with high-quality display technology has opened a new path of possibilities for portable devices in the visual testing field. With the rise of virtual and augmented reality trends, self-administered visual field tests have emerged. For example, the Radius is a lightweight virtual reality headset that has the potential to improve glaucoma monitoring by enabling more frequent measurements of virtual fields in a patient’s home itself.

As technological advancements continue to proliferate in the ophthalmology market, healthcare practitioners have been shifting towards digitized and portable devices for continuous and accurate patient readings. For instance, Radius 1.0 is a newly designed software by Radius XR which assists in continuous diagnosis to deliver comprehensive glaucoma management. This portable device also includes business management and patient knowledge tools in a single wearable device. Hence, it is evident that such technological advances will push ophthalmic perimeters market value to new heights in the upcoming years.

Global Ophthalmic Perimeters Market Segmentation

Market Breakup by Product Type

• Static

• Kinetic

• Combination

Market Breakup by Function

• Single Function

• Multifunction

Market Breakup by End User

• Hospital

• Ophthalmic clinics

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Global Ophthalmic Perimeters Market Overview

Major mergers and acquisitions among key healthcare players, driven to introduce new innovations and better patient experience are significant market trends. In May 2023, Astellas Pharma Inc. acquired Iveric Bio Inc., a company renowned for its research and development expertise in ophthalmology therapeutics. In collaboration with the United Nations, governments have accelerated actions to improve access to eye care services as a part of universal health coverage, addressing the growing repercussions of vision loss.

In the historic period, North America has dominated the ophthalmic perimeters market share. With a robust infrastructure, the presence of key healthcare players and an intensive research and development department can be attributed to the market share. In addition, the Asia-pacific region is expected to witness rapid growth, owing to the presence of a geriatric population and a developing medical and healthcare infrastructure. Government initiatives like the "Mukhyamantri e-Eye Kendram" aimed at promoting eye care awareness digitally, will contribute to the anticipated growth in this market.

Global Ophthalmic Perimeters Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• Haag-Streit AG

• Carl Zeiss AG

• Topcon Corporation

• Nidek Co., Ltd.

• Heidelberg Engineering GmbH

• Takagi Seiko Co., Ltd.

• Kowa Company, Ltd.

• Metrovision

• Konan Medical USA, Inc.

• Centervue S.P.A.

Key Highlights of the Report