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Tonometers Market by Product and Geography - Forecast and Analysis 2021-2025

Tonometers Market by Product and Geography - Forecast and Analysis 2021-2025

Published: Apr 2021 120 Pages SKU: IRTNTR70548

The tonometers market has the potential to grow by USD 47.61 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.30%.

This tonometers market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (table-mounted and hand-held) and geography (North America, Europe, Asia, and ROW). The tonometers market report also offers information on several market vendors, including AMETEK Inc., Canon Inc., Carl Zeiss AG, Halma Plc, Huvitz Co. Ltd., KOWA Co. Ltd., Metall Zug AG, MicroMedical Devices Inc., NIDEK Co. Ltd., and Revenio Group Corporation among others.

What will the Tonometers Market Size be in 2021?

Tonometers-Market-Market-Size-2020-2025

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Tonometers Market: Key Drivers and Trends

The increasing prevalence of ocular diseases is notably driving the tonometers market growth, although factors such as shortage of skilled ophthalmologists may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the tonometers industry get your FREE report sample now.

  • The growing prevalence of ocular diseases is one of the critical reasons propelling the tonometer market growth.
  • The geriatric population is expected to account for around 20% of the US population by 2030, resulting in an increasing prevalence of ocular diseases and demand for tonometers.
  • Glaucoma, chronic eye conditions or injuries, nearsightedness, diabetic retinopathy, blurred vision, severe eye pain, halos around lights, reddening of the eye, and tunnel vision are other diseases and symptoms growing in prevalence, which require the use of tonometers for diagnosis, and are creating demand for tonometers.
  • The tonometer market is expected to grow at a steady pace with the introduction of home tonometry, which is one of the key tonometers market trends.
  • Home tonometry, which helps in achieving the desired control of IOP and in monitoring glaucoma, is one of the significant current tonometer market trends.
  • The growing popularity of self-diagnostic devices supported by approval of home care tonometers by the FDA is expected to encourage end-users to adopt home tonometry.

This tonometers market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Tonometers Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AMETEK Inc.
  • Canon Inc.
  • Carl Zeiss AG
  • Halma Plc
  • Huvitz Co. Ltd.
  • KOWA Co. Ltd.
  • Metall Zug AG
  • MicroMedical Devices Inc.
  • NIDEK Co. Ltd.
  • Revenio Group Corporation

 

The tonometers market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the tonometers market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Tonometers Market?

Tonometers-Market-Market-Share-by-Region-2020-2025

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40% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for tonometers in North America. Market growth in this region will be slower than the growth of the market in APAC. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Tonometers Market?

Tonometers-Market-Market-Share-by-Product-2020-2025

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The tonometers market share growth by the table-mounted segment is expected to be significant during the forecast period. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the tonometers market size.

 

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What are the Key Factors Covered in this Tonometers Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive tonometers market growth during the next five years
  • Precise estimation of the tonometers market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the tonometers industry across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of tonometers market vendors

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Tonometers Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3%

Market growth 2021-2025

$ 47.61 million

Market structure

Concentrated

YoY growth (%)

2.56

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 40%

Key consumer countries

US, Germany, Japan, UK, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AMETEK Inc., Canon Inc., Carl Zeiss AG, Halma Plc, Huvitz Co. Ltd., KOWA Co. Ltd., Metall Zug AG, MicroMedical Devices Inc., NIDEK Co. Ltd., and Revenio Group Corporation

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents not available.

Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Tonometers market growth will increase by 47.61 million during 2020-2025.

The Tonometers market is expected to grow at a CAGR of 3.3% during 2020-2025.

Tonometers market is segmented by Product( Table-mounted, Hand-held) Geographic( North America, Europe, Asia, ROW)

AMETEK Inc., Canon Inc., Carl Zeiss AG, Halma Plc, Huvitz Co. Ltd., KOWA Co. Ltd., Metall Zug AG, MicroMedical Devices Inc., NIDEK Co. Ltd., Revenio Group Corporation are a few of the key vendors in the Tonometers market.

North America will register the highest growth rate of 39.72% among the other regions. Therefore, the Tonometers market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

US, Germany, Japan, UK, Canada

  • Increasing prevalence of ocular diseases is the driving factor this market.

The Tonometers market vendors should focus on grabbing business opportunities from the Table-mounted segment as it accounted for the largest market share in the base year.