Corneal Pachymetry Market, By Modality (Handheld and Desktop), By Method Type (Ultrasonic Pachymetry and Optical Pachymetry), By Application (Glaucoma Diagnostics, Refractive Surgery, Keratoconus Screening, and Others), By End User (Hospitals, Specialty Clinics, Diagnostic Laboratories, and Ambulatory Surgical Centers), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

Published In : Aug 2021

Code : CMI4577

Pages :167

Formats :

Excel and PDF

Industry : Medical Devices

Market Challenges And Opportunities

Global Corneal Pachymetry Market - Impact of the Coronavirus (COVID-19) Pandemic

Coronavirus (COVID-19) outbreak was first reported on December 31, 2019, in Wuhan, China. The World Health Organization declared COVID-19 as pandemic on March 11, 2020. According to the Coronavirus (COVID-19) Weekly Epidemiological Update by the World Health Organization, over 182 million cases and 3.95 million deaths due to coronavirus disease (COVID-19) were reported till July 2, 2021, across the globe.

Impact of COVID-19 on Demand and Supply of Corneal Pachymetry

The COVID-19 pandemic and lockdown in various countries across the globe have impacted the financial status of businesses across all sectors including private healthcare sector. The COVID-19 pandemic has impacted the entire supply chain of the healthcare industry mainly due to strict lockdown in several regions. The COVID-19 pandemic has affected the economy of various regions across the globe in three main ways; 1) by directly affecting the production and demand; 2) by creating disruptions in distribution channels; and 3) through its financial impact on companies and financial markets. Many countries such as Thailand, Indonesia, and Singapore are facing problems with regards to transportation and distribution of healthcare products. In 2020, the COVID-19 pandemic disrupted health-care delivery around the world, including delays in ophthalmic diagnosis and surgeries. Thus, impact of the coronavirus (COVID-19) pandemic is expected to limit the growth of the global corneal pachymetry market during the forecast period. For instance, according to a review published in the Cataract & Refractive Surgery Today Europe, in January 2021, in Cairo, Egypt, patients suffering from acute viral conjunctivitis, corneal ulcers, acute uveitis, and retinal detachment were extremely hesitant to seek elective health care including cataract and refractive surgery due to the COVID-19 pandemic. Surgical volume at a Cairo, Egypt-based practice was dropped dramatically. In the second half of March 2020, 25% fewer surgical procedures were performed as compared to that of 2019, and the number of patients seen in the clinic had also decreased by approximately 50% the surgery clinics at Cairo, Egypt.