Global Pupillometer Market Research Report: Ken Research
Global Pupillometer Market is valued approximately at USD 363 million in 2019 and is anticipated to grow with a healthy growth rate of more than 5.2% over the forecast period 2020-2027. Pupillometer is the ocular checking instrument typically used in critical care medicine and ophthalmology for measuring the distance between pupils and pupil reactivity. A pupil evaluation is generally based on getting the pupillary information that can be extensively used as an indication for potential medical intervention and patient management. Variation in the evaluation indicates damage to the nerves from injuries, trauma, and/or drug use. Pupillometer is a non-invasive and safe assessment diagnosis procedure of pupil and is mostly used in the assessment of neurological disorder. As the changes in brain activity have a direct impact on pupil dilation. An increase in the prevalence of neurological diseases such as Parkinson’s disease, growing awareness among patients towards eye diseases, and rising adoption of information technology in the new product development are the few factors responsible for the CAGR of the market during the forecast period. According to the study of Global Burden of Disease 2015, it is estimated that the prevalence of Parkinson’s to be approximately 6.2 million people worldwide in 2015 and it would reach approximately 13 million people with Parkinson’s by 2040. Also, numerous Parkinson’s disease Foundations reveals that approximately 60,000 Americans are diagnosed with Parkinson’s disease every year. This is likely to accelerate the demand for pupillometer all over the world. However, the high cost of the device and lack of skilled professionals are the few factors impeding the market growth over the forecast period of 2020-2027.
The regional analysis of the global Pupillometer market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising prevalence of vision-related health problems and neurological diseases, along with the wide presence of market players in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the increasing awareness regarding the ophthalmic disease and improving healthcare infrastructure in the developing nations, such as China and India, are the few factors creating a lucrative opportunity for the growth of the pupillometer market in the Asia-Pacific region.
Major market player included in this report are:
Essilor Instruments USA
Johnson & Johnson Vision
Luneau Technology Group
Nidek Co., Ltd.
Schwind eye tech solutions GmbH
Konan Medical USA, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year-2017, 2018
Forecast period-2020 to 2027
Target Audience of the Global Pupillometer Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
For More Information on the Research Report, refer to below links: –
Ankur Gupta, Head Marketing & Communications