Pachymeter Device Market Report 2024

The pachymeter device market size has grown strongly in recent years. It will grow from $18.39 billion in 2023 to $19.3 billion in 2024 at a compound annual growth rate (CAGR) of 5%. The growth observed in the historic period can be attributed to several factors. These include the rising prevalence of ocular diseases, advancements in medical technology, increased awareness about eye health, growing demand for minimally invasive procedures, improvements in healthcare infrastructure, higher disposable incomes, enhanced diagnostic capabilities, government initiatives aimed at healthcare improvement, collaborations between hospitals and device manufacturers, and the expansion of healthcare services particularly in developing regions.

The pachymeter device market size is expected to see strong growth in the next few years. It will grow to $23.57 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The anticipated growth in the forecast period can be attributed to several key factors. These include continuous technological innovations, increasing healthcare expenditure, a rising geriatric population, growing emphasis on preventive healthcare, expansion of telemedicine services, integration of AI and machine learning in medical devices, increasing focus on personalized medicine, development of portable and user-friendly devices, supportive regulatory frameworks, and the rise in medical tourism. Significant trends expected in the forecast period include a shift towards portable and home-use devices, increased adoption of cloud-based data management, growing popularity of smart medical devices, a stronger focus on patient-centric care, integration of blockchain for enhanced data security, incorporation with electronic health records, development of multifunctional diagnostic devices, expansion of remote monitoring capabilities, and heightened emphasis on training and education for healthcare professionals.

The pachymeter device market is poised for growth due to the increasing prevalence of ocular diseases, which encompass a broad spectrum of conditions affecting the eye and its related structures. This rise in ocular diseases can be attributed to factors such as increased use of contact lenses, lifestyle changes, gender disparities, and deficiencies in essential vitamins. Pachymetry devices play a crucial role in diagnosing and managing these conditions by measuring corneal thickness. For instance, as of May 2024, the UK's Office for Health Improvement and Disparities reported that approximately 2 million people in the UK suffer from some form of sight loss, with projections indicating an increase to 2.7 million by 2030. This demographic trend underscores the driving force behind the growth of the pachymeter device market.

Key players in this market are focusing on innovation, introducing products such as non-contact pachymeters to enhance diagnostic accuracy, patient comfort, and ease of use. Non-contact pachymeters, such as the NT-1p launched by US-based NIDEK Co. Ltd. in November 2022, utilize air-puff technology to measure central corneal thickness and intraocular pressure without direct eye contact. This advancement not only ensures safety during examinations but also streamlines the process by automating measurements upon positioning the patient's chin on the chinrest.

In November 2023, Occuity, a UK-based medical technology company, partnered with Indo Optical to appoint Indo Optical as the primary distributor of their PM1 Pachymeter. This collaboration strengthens Indo Optical's role as a global leader in vision care technology, enabling eye care professionals to access more precise diagnostic tools for improved patient outcomes. Indo Optical, based in Spain, specializes in manufacturing mono-focal lenses and optical equipment for opticians and ophthalmologists, further cementing its position in the evolving landscape of eye care technology.

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.

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.

The countries covered in the pachymeter device market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A pachymeter device serves as a crucial medical tool designed to measure the thickness of the cornea, the transparent front part of the eye. Widely utilized in ophthalmology, it plays a pivotal role in assessing conditions such as glaucoma, corneal edema, and suitability for refractive surgery. The device's primary function is to deliver precise and accurate measurements of corneal thickness, essential for the diagnosis and ongoing monitoring of various eye ailments.

Pachymeter devices primarily utilize two main methods, ultrasound and optical. The ultrasound method employs high-frequency sound waves that traverse through tissues at varying speeds, enabling the calculation of corneal thickness based on these differences. These devices are available in both handheld and non-handheld variants, tailored to meet the specific needs of hospitals, ophthalmic clinics, and other medical settings.

The pachymeter device research report is one of a series of new reports that provides pachymeter device market statistics, including the pachymeter device industry's global market size, regional shares, competitors with a pachymeter device market share, detailed pachymeter device market segments, market trends and opportunities, and any further data you may need to thrive in the pachymeter device industry. This pachymeter device market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The pachymeter device market consists of sales of optical coherence tomography (OCT) pachymeters, scheimpflug camera pachymeters, and confocal microscopy pachymeters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.