Auto Keratometer Market (2021 to 2027) – Growth, Trends, COVID-19 Impact and Forecasts

Auto Keratometer Market was valued at US$ 5.6 Bn. in 2021. The Global Auto Keratometer Market size is estimated to grow at a CAGR of 5.5 % over the forecast period.

Auto Keratometer Market Overview:

The concept of keratometry is to measure the anterior surface of corneal curvature across a specified chord length. Curvature is measured by keratometers, sometimes known as opthalmometers. Auto keratometers are devices that use the variable image size and constant image size principles. The report explores the Auto Keratometer market's segments (Type, Interferometer Type, Application, End-User, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2020. The report investigates the Auto Keratometer market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Auto Keratometer market's contemporary competitive scenario. Auto Keratometer Market To know about the Research Methodology :- Request Free Sample Report 2021 is considered as a base year to forecast the market from 2022 to 2027. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. The past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.

Auto Keratometer Market Dynamics:

Growing demand for eye testing equipment and the increasing importance of the introduction of novel keratometers with advanced technology, like AI, and the IoT are expected to grow in the market in the forecasted period. Keratometer is a device used for measuring the anterior surface of curvature across a fixed chord length. Auto keratometers are based on the principle of constant image size and variable image size. It is easy to use. It is also known as an autorefractor keratometer. This machine is a computer-controlled machine that is used for the testing of the eye and it is also used for measurement of error degree in the eye. Over the past few years, the diseases like astigmatism, hyperopia, myopia, and many more are increasing rapidly and usage of eye equipment is also increasing, which drive the market for auto keratometers in the forecasted period. According to the WHO, more than 940 million people are suffering from presbyopia and unaddressed error. It is mainly used by ophthalmologists for continuous diagnosis of the eye and it also measures the error degree of the eye and is expected to create growth opportunity in the market by 2027. Imprecise measurement of the corneal arc of the eye will lead to imperfection in the arc. Medical spaces, parallax errors, and personnel are increasingly adopting the device, which will create strong demand in the forecasted period. Increasing manufacturing of the auto keratometer in the market is escalating R&D activities to launch innovative novel keratometers with advanced technology and features, this will increase the sale of keratometers in the forecasted period. The challenges faced by the auto keratometers market are the device costs very high, it needs professionals to operate, and the availability of the low-cost device in the market, which will hamper the market in the forecasted period. The current price of the auto keratometer is $5020.

Auto Keratometer Market Segment Analysis:

Based on Type, the Auto Keratometer Market is segmented into Handheld Auto Keratometer and Benchtop Auto Keratometer. The handheld market is dominating the market with the largest market share in 2021. Because it has excellent advanced features like full graphic LCD with a 3.5inch color screen and improved usability with advanced technologies. It is more useful for patient with less experienced children, it can attract the attention of the patient and decrease their anxiety of the patient, and it expecting that it will drive the market growth of Auto Keratometers. Auto Keratometer Market Based on Application, the Auto Keratometer Market is segmented into Hospitals, clinics, educational institutes, and diagnostic centers. In this segment, the healthcare sector is dominating the auto keratometer market in 2021 because of the high demand and also increase in the number of healthcare in BRICS nations and together with the growing populations, this will be expected to drive the market in the forecasted period.

Auto Keratometer Market Regional Insights:

The North American region is expected to witness significant growth at a CAGR of 6.2% through the forecast period. Because of the high technologies used in the development of auto keratometers, supportive healthcare expenditure, and government initiatives regarding the healthcare industry also increasing demand for diagnosis of refractory errors, and the generality of astigmatism conditions. Europe is the second-largest market for the auto keratometer market. According to the American Academy of ophthalmology, 150 million people are using corrective eyewear. APAC is expecting to grow in the upcoming years because of the growing population of patients suffering from astigmatism conditions. According to the WHO, the APAC region has the highest young population who are suffering from myopia. Where China, Japan, and Singapore these countries have the highest rate of patient myopia about 50% of the total population. It is expected that the prevalence of myopia will rise from 7.8% to 18.5% by 2027. The objective of the report is to present a comprehensive analysis of the global Auto Keratometer Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Auto Keratometer Market dynamic, and structure by analyzing the market segments and projecting the Auto Keratometer Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Auto Keratometer Market make the report investor’s guide.

Auto Keratometer Market Scope: Inquiry Before Buying

Auto Keratometer Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US$ 5.6 Bn.
Forecast Period 2022 to 2027 CAGR: 5.5% Market Size in 2027: US$ 7.72 Bn.
Segments Covered: by Type • Handheld Auto Keratometer • Benchtop Auto Keratometer
by Application • Healthcare • Clinics • Educational Institutes • Diagnosis centers

Auto Keratometer Market by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Auto Keratometer Market Key Players:

Nidek Co., Ltd. • TOMEY CORPORATION • Righton • GRAND SEIKO • Topcon Corporation • Potec • BON Optic • Coburn Technologies, Inc. • Luneau Technology Group • Welch Allyn (Hill-Rom) • Essilor • AMETEK, Inc. and Reichert, Inc. Frequently Asked Questions: 1)What is the CAGR of the auto keratometer market in the forecasted period? Ans. The CAGR of the auto keratometer market in the forecasted period is 5.5%. 2)What is the market size of the Auto Keratometer market in 2021? Ans. The market size of the auto keratometer market in 2021 was worth USD$ 5.6Bn. 3)What is the market size of the auto keratometer market in 2027? Ans. The market size of the auto keratometer market is expected to grow by USD$ 7.72 Bn. in 2027. 4)Which segment is expected to hold the largest market share in the auto keratometer market? Ans. The handheld auto keratometer hold the largest market share in the auto keratometer in 2021. 5)Which region is expected to hold the largest market share in the auto keratometer market? Ans. The North American region has the largest market share in the auto keratometer.
1. Global Auto Keratometer Market Size: Research Methodology 2. Global Auto Keratometer Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Auto Keratometer Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Auto Keratometer Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Auto Keratometer Market Size Segmentation 4.1. Global Auto Keratometer Market Size, by Type (2021-2027) • Handheld Auto Keratometer • Benchtop Auto Keratomter 4.2. Global Auto Keratometer Market Size, by Applications (2021-2027) • Healthcare • Clinics • Educational institutes • Diagnosis centers 5. North America Auto Keratometer Market (2021-2027) 5.1. North America Auto Keratometer Market Size, by Type (2021-2027) • Handheld Auto Keratometer • Benchtop Auto Keratomter 5.2. North America Auto Keratometer Market Size by Applications (2021-2027) • Healthcare • Clinics • Educational institutes • Diagnosis centers 5.3. North America Auto Keratometer Market, by Country (2021-2027) • United States • Canada • Mexico 6. European Auto Keratometer Market (2021-2027) 6.1. European Auto Keratometer Market, by Type (2021-2027) 6.2. European Auto Keratometer Market, by Applications (2021-2027) 6.3. European Auto Keratometer Market, by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Auto Keratometer Market (2021-2027) 7.1. Asia Pacific Auto Keratometer Market, by Type (2021-2027) 7.2. Asia Pacific Auto Keratometer Market, by Applications (2021-2027) 7.3. Asia Pacific Auto Keratometer Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Auto Keratometer Market (2021-2027) 8.1. Middle East and Africa Auto Keratometer Market, by Type (2021-2027) 8.2. Middle East and Africa Auto Keratometer Market, by Applications (2021-2027) 8.3. Middle East and Africa Auto Keratometer Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Auto Keratometer Market (2021-2027) 9.1. South America Auto Keratometer Market, by Type (2021-2027) 9.2. South America Auto Keratometer Market, by Applications (2021-2027) 9.3. South America Auto Keratometer Market, by Country (2021-2027) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1.1. Nidek Co., Ltd. 10.1.1.1. Company Overview 10.1.1.2. Financial Overview 10.1.1.3. Global Presence 10.1.1.4. Capacity Portfolio 10.1.1.5. Business Strategy 10.1.1.6. Recent Developments 10.1.2. Righton 10.1.3. GRAND SEIKO 10.1.4. Topcon Corporation 10.1.5. Potec 10.1.6. BON Optic 10.1.7. Coburn Technologies, Inc. 10.1.8. Luneau Technology Group 10.1.9. Welch Allyn (Hill-Rom) 10.1.10. Essilor 10.1.11. AMETEK, Inc. and Reichert, Inc

About This Report

Report ID 147191
Category Healthcare
Published Date May 2022
Updated Date
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