Optical Biometry Devices Market Research Report - Forecast till 2027

Optical Biometry Devices Market Research Report: Information by Product [Swept-Source Optical Coherence Tomography (SSOCT)-Based Biometers, Partial Coherence Interferometry (PCI)-Based Biometers, Optical Low Coherence Reflectometry (OLCR)-Based Biometers], End User (Hospitals, Ophthalmic Clinics, Others) and Region - Forecast till 2027

ID: MRFR/HC/6650-HCR | February 2021 | Region: Global | 111 pages

Optical Biometry Devices Market Scenario


The optical biometry devices market is expected to register a healthy CAGR over the forecast period. The optical biometry devices market size accounted for USD 275.0 million in 2018 and is projected to register a CAGR of 5.6% during the forecast period. Optical biometry, also known as ophthalmic biometry, is a highly accurate, non-invasive automated method for measuring the anatomical characteristics of the eye. This method is used for intraocular lens (IOL) power calculations in clinical practice. Optical biometry using partial coherence interferometry (PCI) has become the gold standard in ocular biometry as it is highly accurate, easy to perform, non-invasive, and comfortable for the patient.

Some of the factors driving the market growth are globally growing geriatric population, increased efficiency of optical biometry over ultrasound A-scans (A-scan ultrasound biometry), increasing awareness about eye care, and rising cataract and refractive surgeries. On 12th October 2017, the World Health Organization (WHO) joined partners around the world for World Sight Day. Its Universal eye health: a global action plan 2014-2019 is launched to raise public awareness of blindness and vision impairment, influence governments to participate in and designate funds for national blindness prevention programs and educate the public about blindness prevention. On the flip side, the high cost of optical biometry devices is anticipated to restrict market growth during the forecast period.


Segmentation


The optical biometry devices market has been segmented into product, end user, and region.


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. The swept-source optical coherence tomography (SSOCT)-based biometers segment dominated the market in 2018 as these are the next generation optical biometry devices especially used in specialized eye centers, hospitals, and ophthalmic clinics.


Based on end user, the market has been classified into hospitals, ophthalmic clinics, and others.


The optical biometry devices market has been segmented on the basis of region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The optical biometry devices market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada.


The European optical biometry devices market has been segmented into Western Europe and Eastern Europe. The Western Europe optical biometry devices market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.


The optical biometry devices market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The optical biometry devices market in the Middle East & Africa has been segmented into the Middle East and Africa.


Key Players



  • Carl Zeiss AG

  • Haag-Streit AG

  • Topcon Corporation

  • NIDEK CO., LTD.

  • Welch Allyn, Inc.

  • Heine Optotechnik GmbH & Co. KG

  • Tomey Corporation

  • AMETEK, Inc.

  • Optovue, Incorporated

  • Bausch & Lomb Incorporated

  • Leica Microsystems GmbH

  • CENTERVUE S.p.A.


Regional Market Summary


Optical Biometry Devices Market Share (%), by Region, 2018  Optical Biometry Devices Market


Source: White Papers, Company Presentations, Annual Reports, and MRFR Analysis


Geographically, the Americas held substantial market share in 2018 attributed to the presence of key market players, surging number of cataract and refractive surgeries, growing adoption of optical biometry devices, developed healthcare infrastructure, and changing lifestyle. For instance, according to the American Academy of Ophthalmology (AAO), cataracts affect over 24.4 million Americans aged 40 and older. By age 75, approximately half of all Americans have cataracts presently.


Europe would follow the Americas in terms of optical biometry devices market size throughout the forecast period as the aging population in the region is on the rise, which is increasing the number of cataract procedures. Therefore, new practices will be opened, and existing practices will make investments to expand their capacity necessitating the purchase of biometry equipment. For instance, according to the European Commission (EC), the total population in the European Union (EU) is projected to increase from 511 million in 2016 to 520 million by 2070.


Asia-Pacific would represent the fastest growth for optical biometry devices market owing to the growing elderly population base coupled with surging number of cataract surgeries, increasing awareness about optical biometry, and rising healthcare spending in India, China, Japan, and Australia. According to the Geuder Asia Pacific, India has more than 12 million blind people. Around 50% of blindness is caused by cataract. Ophthalmologists perform more than 700,000 phacoemulsification and 170,000 vitrectomies every year in the country.


The optical biometry devices market in the Middle East & Africa would witness the modest market growth rate from 2019 to 2025. The Middle East would spearhead the market attributed to growth in healthcare sector along with developing healthcare infrastructure in the Gulf Cooperation Council (GCC) countries such as Saudi Arabia, the United Arab Emirates, Kuwait, Bahrain, Qatar, and Oman.


Optical Biometry Devices Market, by Product



  • Swept-Source Optical Coherence Tomography (SSOCT)-based Biometers

  • Partial Coherence Interferometry (PCI)-based Biometers

  • Optical Low Coherence Reflectometry (OLCR)-based Biometers


Optical Biometry Devices Market, by End User



  • Hospitals

  • Ophthalmic Clinics

  • Others


Optical Biometry Devices Market, by Region



  • Americas

    • North America

      • US

      • Canada



    • Latin America





  • Europe

    • Western Europe

      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe



    • Eastern Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific





  • Middle East & Africa

    • Middle East

    • Africa




Intended Audience



  • Manufacturers and distributors of optical biometry devices instruments and consumables

  • Medical diagnostic suppliers

  • Venture capitalists

  • Pharmaceutical and biopharmaceutical companies

  • Medical devices companies

  • Research and academic institutes

  • Healthcare facilities

  • Association and government bodies

  • Market research and consulting service providers

  • Corporate entities



Report Scope:
Report Attribute/Metric Details
  Market Size   2025: Significant Value
  CAGR   5.6% (2019-2025)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product, End User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Carl Zeiss AG, Bausch & Lomb Incorporated, Haag-Streit AG, NIDEK CO., LTD., Topcon Corporation, Welch Allyn, Inc., Heine Optotechnik GmbH & Co. KG, Tomey Corporation, AMETEK, Inc., Optovue, Incorporated, Leica Microsystems GmbH, and CENTERVUE S.p.A.
  Key Market Opportunities   New product launches and R&D Amongst major key Players
  Key Market Drivers

  • Growing Geriatric Population.
  • increasing awareness about eye care.
  • rising cataract and refractive surgeries


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    Frequently Asked Questions (FAQ) :


    Optical biometry, also known as ophthalmic biometry, is a highly accurate, non-invasive automated method for measuring the anatomical characteristics of the eye. This method is used for intraocular lens (IOL) power calculations in clinical practice.

    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. For instance, Pentacam AXL is used with a single measuring operation. It has a comprehensive biometry for intraocular lens (IOL) database and provides a well-targeted screening process for eyes.

    The optical biometry devices market was valued at USD 275million in 2018.

    The optical biometry devices market would record a CAGR of 5.6% during the forecast period of 2019 to 2025.

    The optical biometry devices market would be dominated by swept-source optical coherence tomography (SSOCT)-based biometers.

    The Americas would lead the reading of the optical biometry devices market.

    The optical biometry devices market would have the Asia Pacific region as the fastest-growing one.

    Table of Contents

    Chapter 1 Executive Summary

    Chapter 2 Market Introduction

    2.1 Definition

    2.2 Scope of the Study

    2.3 Assumptions and Limitations

    2.4 Market Structure

    Chapter 3 Research Methodology

    3.1 Introduction

    3.2 Primary Research

    3.3 Secondary Research

    3.4 Market Size Estimation

    Chapter 4 Market Dynamics

    4.1 Drivers

    4.2 Restraints

    4.3 Opportunities

    4.4 Challenges

    4.5 Macroeconomic Indicators

    Chapter 5 Market Factor Analysis

    5.1 Porter’s Five Forces Analysis

    5.1.1 Bargaining Power of Suppliers

    5.1.2 Bargaining Power of Buyers

    5.1.3 Threat of New Entrants

    5.1.4 Threat of Substitutes

    5.1.5 Intensity of Rivalry

    5.2 Value Chain Analysis

    5.3 Investment Feasibility Analysis

    5.4 Pricing Analysis

    Chapter 6 Global Optical Biometry Devices Market, by Product

    6.1 Overview

    6.2 Swept-Source Optical Coherence Tomography (SSOCT)-based Biometers

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.3 Partial Coherence Interferometry (PCI)-based Biometers

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.4 Optical Low Coherence Reflectometry (OLCR)-based Biometers

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    Chapter 7 Global Optical Biometry Devices Market, by End User

    7.1 Overview

    7.2 Hospitals

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    7.3 Ophthalmic Clinics

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    7.4 Others

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    Chapter 8 Global Optical Biometry Devices Market, by Region

    8.1 Overview

    8.2 Americas

    8.2.1 North America

    8.2.1.1 US

    8.2.1.2 Canada

    8.2.2 Latin America

    8.3 Europe

    8.3.1 Western Europe

    8.3.1.1 Germany

    8.3.1.2 France

    8.3.1.3 Italy

    8.3.1.4 Spain

    8.3.1.5 UK

    8.3.1.6 Rest of Western Europe

    8.3.2 Eastern Europe

    8.4 Asia-Pacific

    8.4.1 Japan

    8.4.2 China

    8.4.3 India

    8.4.4 Australia

    8.4.5 South Korea

    8.4.6 Rest of Asia-Pacific

    8.5 Middle East & Africa

    8.5.1 Middle East

    8.5.2 Africa

    Chapter 9 Company Landscape

    9.1 Overview

    9.2 Market Share Analysis

    9.3 Key Developments & Strategies

    Chapter 10 Company Profiles

    10.1 Carl Zeiss AG

    10.1.1 Company Overview

    10.1.2 Financial Overview

    10.1.3 Products/Services Offered

    10.1.4 Key Developments

    10.1.5 SWOT Analysis

    10.1.6 Key Strategies

    10.2 Haag-Streit AG

    10.3 Topcon Corporation

    10.4 NIDEK CO., LTD.

    10.5 Welch Allyn, Inc.

    10.6 Heine Optotechnik GmbH & Co. KG

    10.7 Tomey Corporation

    10.8 AMETEK, Inc.

    10.9 Optovue, Incorporated

    10.10 Bausch & Lomb Incorporated

    10.11 Leica Microsystems GmbH

    10.12 CENTERVUE S.p.A.

    Chapter 11 MRFR Conclusion

    11.1 Key Findings

    11.1.1 From CEO’s Viewpoint

    11.1.2 Unmet Needs of the Market

    11.2 Key Companies to Watch

    11.3 Predictions for the Optical Biometry Devices Industry

    Chapter 12 Appendix

    LIST OF TABLES

    Table 1 Global Optical Biometry Devices Market, by Region, 2020-2027(USD Million)

    Table 2 Global Optical Biometry Devices Market, by Product, 2020-2027(USD Million)

    Table 3 Global Optical Biometry Devices Market, by End User, 2020-2027(USD Million)

    Table 4 Americas: Optical Biometry Devices Market, by Region, 2020-2027(USD Million)

    Table 5 Americas: Optical Biometry Devices Market, by Product, 2020-2027(USD Million)

    Table 6 Americas Optical Biometry Devices Market, by End User, 2020-2027(USD Million)

    Table 7 North America: Optical Biometry Devices Market, by Country, 2020-2027(USD Million)

    Table 8 North America: Optical Biometry Devices Market, by Product, 2020-2027(USD Million)

    Table 9 North America Optical Biometry Devices Market, by End User, 2020-2027(USD Million)

    Table 10 US: Optical Biometry Devices Market, by Product, 2020-2027(USD Million)

    Table 11 US Optical Biometry Devices Market, by End User, 2020-2027(USD Million)

    Table 12 Canada: Optical Biometry Devices Market, by Product, 2020-2027(USD Million)

    Table 13 Canada Optical Biometry Devices Market, by End User, 2020-2027(USD Million)

    Table 14 Latin America: Optical Biometry Devices Market, by Product, 2020-2027(USD Million)

    Table 15 Latin America Optical Biometry Devices Market, by End User, 2020-2027(USD Million)

    Table 16 Europe: Optical Biometry Devices Market, by Region, 2020-2027(USD Million)

    Table 17 Europe: Optical Biometry Devices Market, by Product, 2020-2027(USD Million)

    Table 18 Europe Optical Biometry Devices Market, by End User, 2020-2027(USD Million)

    Table 19 Western Europe: Optical Biometry Devices Market, by Country, 2020-2027(USD Million)

    Table 20 Western Europe: Optical Biometry Devices Market, by Product, 2020-2027(USD Million)

    Table 21 Western Europe Optical Biometry Devices Market, by End User, 2020-2027(USD Million)

    Table 22 Eastern Europe: Optical Biometry Devices Market, by Product, 2020-2027(USD Million)

    Table 23 Eastern Europe Optical Biometry Devices Market, by End User, 2020-2027(USD Million)

    Table 24 Asia-Pacific: Optical Biometry Devices Market, by Country, 2020-2027(USD Million)

    Table 25 Asia-Pacific: Optical Biometry Devices Market, by Product, 2020-2027(USD Million)

    Table 26 Asia-Pacific Optical Biometry Devices Market, by End User, 2020-2027(USD Million)

    Table 27 Middle East & Africa: Optical Biometry Devices Market, by Region, 2020-2027(USD Million)

    Table 28 Middle East & Africa: Optical Biometry Devices Market, by Product, 2020-2027(USD Million)

    Table 29 Middle East & Africa Optical Biometry Devices Market, by End User, 2020-2027(USD Million)

    LIST OF FIGURES

    Figure 1 Market Synopsis

    Figure 2 Research Process

    Figure 3 Segmentation for Global Optical Biometry Devices Market

    Figure 4 Market Dynamics for Global Optical Biometry Devices Market

    Figure 5 Global Optical Biometry Devices Market Share, by Product, 2020

    Figure 6 Global Optical Biometry Devices Market Share, by End User, 2020

    Figure 7 Global Optical Biometry Devices Market Share, by Region, 2020

    Figure 8 Americas: Optical Biometry Devices Market Share, by Country, 2020

    Figure 9 Europe: Optical Biometry Devices Market Share, by Country, 2020

    Figure 10 Asia-Pacific: Optical Biometry Devices Market Share, by Country, 2020

    Figure 11 Middle East & Africa: Optical Biometry Devices Market Share, by Country, 2020

    Figure 12 Global Optical Biometry Devices Market: Company Share Analysis, 2020 (%)

    Figure 13 Carl Zeiss AG: Key Financials

    Figure 14 Carl Zeiss AG: Segmental Revenue

    Figure 15 Carl Zeiss AG: Geographical Revenue

    Figure 16 Haag-Streit AG: Key Financials

    Figure 17 Haag-Streit AG: Segmental Revenue

    Figure 18 Haag-Streit AG: Geographical Revenue

    Figure 19 Topcon Corporation: Key Financials

    Figure 20 Topcon Corporation: Segmental Revenue

    Figure 21 Topcon Corporation: Geographical Revenue

    Figure 22 NIDEK CO., LTD.: Key Financials

    Figure 23 NIDEK CO., LTD.: Segmental Revenue

    Figure 24 NIDEK CO., LTD.: Geographical Revenue

    Figure 25 Welch Allyn, Inc.: Key Financials

    Figure 26 Welch Allyn, Inc.: Segmental Revenue

    Figure 27 Welch Allyn, Inc.: Geographical Revenue

    Figure 28 Heine Optotechnik GmbH & Co. KG: Key Financials

    Figure 29 Heine Optotechnik GmbH & Co. KG: Segmental Revenue

    Figure 30 Heine Optotechnik GmbH & Co. KG: Geographical Revenue

    Figure 31 Tomey Corporation: Key Financials

    Figure 32 Tomey Corporation: Segmental Revenue

    Figure 33 Tomey Corporation: Geographical Revenue

    Figure 34 AMETEK, Inc.: Key Financials

    Figure 35 AMETEK, Inc.: Segmental Revenue

    Figure 36 AMETEK, Inc.: Geographical Revenue

    Figure 37 Optovue, Incorporated: Key Financials

    Figure 38 Optovue, Incorporated: Segmental Revenue

    Figure 39 Optovue, Incorporated: Geographical Revenue

    Figure 40 Bausch & Lomb Incorporated: Key Financials

    Figure 41 Bausch & Lomb Incorporated: Segmental Revenue

    Figure 42 Bausch & Lomb Incorporated: Geographical Revenue

    Figure 43 Leica Microsystems GmbH: Key Financials

    Figure 44 Leica Microsystems GmbH: Segmental Revenue

    Figure 45 Leica Microsystems GmbH: Geographical Revenue

    Figure 46 CENTERVUE S.p.A.: Key Financials

    Figure 47 CENTERVUE S.p.A.: Segmental Revenue

    Figure 48 CENTERVUE S.p.A.: Geographical Revenue




    This table of content is tentative and subject to change as the research progresses.

    Please Note:  Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.