Global 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

Market Scope

Market Research Future (MRFR) studied the global optical biometry devices market 2021 for the review period till 2023. As per MRFR study, the market of optical biometry devices is expected to thrive at 5.6% CAGR over the assessment period. By 2023, the optical biometry market value can touch USD 275.0 Mn. 3

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Drivers and Restrains Impacting Optical Biometry Devices Market

Optical biometry, also referred to as ophthalmic biometry, is gaining grounds as the standard for intraocular lens (IOL) power calculations in ophthalmology clinical practice. The growing need to measure the anatomical characteristics of eyes can support the expansion of the optical biometry device market in the years to come. The growing implication of partial coherence interferometry (PCI) due to its greater accuracy, non-invasive, easy to perform, and comfortable for the patient, can impact the market growth. Other causes, such as; rise in geriatric population and high efficiency of optical biometry resulting in their demand over ultrasound A-scans can add to the upsurge of the optical biometry device. The rise in number of refractive and cataract surgeries can improve the impetus of the optical biometry device market. On the contrary, the unavailability of skilled personnel and the greater expense of optical biometry devices over other conventional device are some restraints that are expected to hinder the market rise in the forecast tenure.

Key Players of Optical Biometry Device Market

Haag-Streit AG, Carl Zeiss AG, NIDEK CO., LTD., Bausch & Lomb Incorporated, Topcon Corporation, Heine Optotechnik GmbH & Co. KG, Welch Allyn, Inc., Leica Microsystems GmbH, Tomey Corporation, AMETEK, Inc., CENTERVUE S.p.A., and Optovue, Incorporated are some reputed companies in the global optical biometry devices market that are profiled by MRFR.

Segment Analysis of Optical Biometry Device Market

The segment study of the global Optical Biometry Devices Market is based on end user and product.

The product-based segments of the optical biometry device market are swept-source optical coherence tomography (SSOCT)-based biometers, optical low coherence reflectometry (OLCR)-based biometers, and partial coherence interferometry (PCI)-based biometers. The segment of SSOCT (swept-source optical coherence tomography)-based biometers is expected to secure the largest share of the overall market. The rise in demand for SSOCT biometer due to their features, such as; fast data acquisition, multiple measurements in a single process, and the ability to overcome superior wavelength and ocular opacities can prompt the market growth in the years to come.

The end user-based segments of the global market of optical biometry devices are ophthalmic clinics, and hospitals among others. A rise in number of gradual private and government hospitals across emerging countries, such as; India and China, are expected to cause the market thrive. The surging adoption of optical biometry devices across medical care centers, such as; hospitals, is also likely to promote the optical biometry device market. The segment of ophthalmic clinics can also register a healthy CAGR during the forecast period. The growing faith of patients on the ophthalmic clinics that are dedicated to offer all types of solutions to patients can favor market.

Regional Study of Optical Biometry Device Market

By geography, the optical biometry device market is expected to rise at decent pace across key regions; North America, EU, and APAC, mostly due to the presence of key marketers in the region. The wide-range of cataract and refractive surgeries, growing adoption of modern optical devices, rapid developed of eye care infrastructure, and changing lifestyle are some causes that are expected to contribute to the optical biometry device market growth in the region.

In Europe, followed by the Americas, the market of optical biometry devices is expected to increase in size throughout the forecast term owing to the expansion of the aging population in these regions. The surge in count of cataract procedures and the adoption of new practices for such surgeries can prompt the market growth. The existing practices can build investments to expand their capability necessitating the acquisition of life science equipment can also influence the market.

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In APAC, the introduction of the next-generation optical bioscience devices that are mostly deployed to curb undetected poor fixations caused by optical ultrasound biometry devices, can improve the impetus of the market. Furthermore, high potency and fastness of optical biometry device are gaining prominence and are eliminating manual errors from ancient biometry devices. For instance, Pentacam AXL is employed with one activity operation. it's a comprehensive biometry for lens system (IOL) info and provides a well-targeted screening method for diagnosis of eyes problem.

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