Key Takeaways from Analyst
Tonometry devices industry growth is driven by increasing prevalence of glaucoma and rising ophthalmology examinations. North America currently dominates the market due to growing aging population and favorable reimbursement policies for eye care. Europe is likely to be the fastest growing regional market with Germany and U.K. emerging as high potential countries.
Lack of awareness about glaucoma especially in developing nations and high cost of advanced devices can hamper the market growth.
Alternate modalities for intraocular pressure measurement like rebound and dynamic contour tonometry offer growth opportunities for market players. Meanwhile, favorable government policies for eye care services and initiatives to spread awareness about glaucoma will create opportunities in untapped markets. Increasing collaborations between device manufacturers and healthcare providers to promote tonometry acceptance is expected.
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