Press release
Global Pachymeter Device Market to Reach $24.73 Billion by 2029, Growing at 5.02% CAGR
What industry-specific factors are fueling the growth of the pachymeter device market?The growing prevalence of ocular diseases is expected to drive the expansion of the pachymeter device market in the coming years. Ocular diseases, which include a variety of conditions affecting the eye and its related structures, are on the rise due to factors like increased contact lens use, lifestyle changes, gender differences, and vitamin deficiencies. Pachymetry devices are crucial in diagnosing and managing certain conditions by measuring corneal thickness. For example, the Office for Health Improvement and Disparities, a UK government agency, reports that around 2 million people in the UK currently experience some level of sight loss, a number expected to rise to 2.7 million by 2030. Therefore, the increasing prevalence of ocular diseases is expected to boost the growth of the pachymeter device market.
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What Is the projected market size and growth rate for the pachymeter device market?
The pachymeter device market has experienced strong growth in recent years, with its value rising from $19.3 billion in 2024 to $20.32 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.3%. This growth is driven by the rising prevalence of eye diseases, technological advancements in healthcare, greater awareness of eye health, demand for minimally invasive procedures, enhanced healthcare infrastructure, increasing disposable incomes, better diagnostic capabilities, government healthcare initiatives, collaborations between hospitals and device manufacturers, and the expansion of healthcare services in emerging markets.
The pachymeter device market is projected to grow significantly, reaching $24.73 billion by 2029 with a compound annual growth rate (CAGR) of 5.0%. This growth can be attributed to technological innovations, rising healthcare expenditures, an aging population, increasing focus on preventive care, expansion of telemedicine, the integration of AI and machine learning, and advancements in portable medical devices. Major trends include the shift toward home-use devices, the rise of smart medical technologies, cloud-based data management, and the emphasis on training healthcare professionals.
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What new trends are reshaping the pachymeter device market and its opportunities?
Leading companies in the pachymeter device market are working on innovations like non-contact pachymeters to improve ease of use and patient comfort. These devices measure corneal thickness without physical contact, ensuring a safer and more convenient option for eye examinations. For example, in November 2022, NIDEK Co. Ltd. launched the NT-1p non-contact pachymeter, which automates the measurement of intraocular pressure and central corneal thickness with a simple chin placement, eliminating the need for manual operation.
What major market segments define the scope and growth of the pachymeter device market?
The pachymeter device market covered in this report is segmented -
1) By Type: Ultrasound Method, Optical Method
2) By Product Type: Handheld Type, Non-Handheld Type
3) By Application: Hospitals, Ophthal Clinics, Other Applications
Subsegments:
1) By Ultrasound Method: A-Scan Ultrasound Pachymeters, B-Scan Ultrasound Pachymeters, Contact Ultrasound Pachymeters, Non-Contact Ultrasound Pachymeters, Portable Ultrasound Pachymeters, High-Resolution Ultrasound Pachymeters
2) By Optical Method: Optical Coherence Tomography (OCT) Pachymeters, Scheimpflug Imaging Pachymeters, Confocal Microscopy Pachymeters, Non-Contact Optical Pachymeters, Anterior Segment Optical Pachymeters, Laser Pachymeters
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Which region dominates the pachymeter device market?
North America was the largest region in the pachymeter device market in 2023. The regions covered in the pachymeter device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the pachymeter device industry growth?
Major companies operating in the pachymeter device market are Bausch & Lomb Incorporated, Canon Medical Systems Corporation, Topcon Corporation, RODENSTOCK GmbH, Quantel Medical Inc., Rumax International Private Limited, Keeler Ltd., Reichert Inc., OCULUS Optikgeräte GmbH, Accutome Inc., Optovue Inc., Sonomed Escalon, Visionix Ltd., Tomey Corporation, Haag-Streit Group, DGH Technology Inc., MicroMedical Devices Inc. (MMD), NIDEK Co. Ltd., Allied Medical Technologies, Costruzione Strumenti Oftalmici (CSO) S.r.l
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What Is Covered In The Pachymeter Device Global Market Report?
•Market Size Forecast: Examine the pachymeter device market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the pachymeter device market for a structured understanding.
•Key Players Overview: Analyze major players in the pachymeter device market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the pachymeter device market.
•Segment Contributions: Evaluate how different segments drive overall growth in the pachymeter device market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the pachymeter device market.
•Industry Challenges: Identify potential risks and obstacles affecting the pachymeter device market.
•Competitive Landscape: Review strategic developments in the pachymeter device market, including expansions, agreements, and new product launches.
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