Pupillometer Market – Regional
Insights
On the basis of region, the
global Pupillometer
Market is segmented into North America, Asia Pacific, Europe, Latin
America, Middle East, and Africa. North America accounted for the largest share
in the global pupillometer market, owing increasing investments in healthcare
sector in U.S., which in turn is expected to boost growth the pupillometer
market. For instance, according to article published in Clinical Review &
Education, 2018, the U.S. invested around 17.8% of its gross domestic product
on health care in 2016, whereas spending in the other countries ranged from
12.4% (Switzerland) to 9.6% (Australia). Moreover, technological advancements
in pupillometer is expanding the product portfolio of pupillometer.
Pupillometer or pupilometer are
the ocular checking digital instrument used in the ophthalmology and critical
care medicine, for measuring the pupil reactivity and distance between pupils.
Pupil evaluation in the pupillary information is widely used as an indication
for possible medical intervention and patient management. Physicians evaluate
the pupil to check and monitor pupillary reflex by examining both the direct
and consensual responses, a good response is constriction of both pupils and it
indicates healthy cranial nerve pathway. Variation in the response suggests
damage to the nerves from drug use, injures or trauma. Moreover, Pupillometer
is used for the proper fitting of spectacles so that the lenses are centered in
visual axis. Recent pupillometer are handheld infrared portable devices, which
provide a consistent and accurate measurement of the symmetry, reactivity, and
pupillary size. Digital and automated pupillometers are available in the market
depending on the application. These devices are compact and user friendly,
which has increased its adoption in the market.
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Pupillometer Market Dynamics
Advancements and increasing
adoption of information technology in new product development is driving growth
of the pupillometer market. For instance, Essilor Instruments USA launched
X81705 Pupillometer in 2017, which offers accurate measurement with manual
control. The X81705 allows manual adjustment of unlimited vision distance from
35 cm to infinity and binocular-monocular measurements. Moreover, X81705 have
digital read-outs with measurements to 0.5 nm and features an automatic off/on
functions. Furthermore, reliability concerns regarding standard pupillometry
practice are boosting growth of the automated pupillometer market. For
instance, a study published in 2016, American Journal of Critical Care reported
that neurological nurses and critical care consistently underestimated pupil
size and incorrectly measured pupil reactivity, which concluded that use of
automated pupillometer is essential tool allowing more effective and timely
diagnostic. Increasing prevalence of eye disorders across the globe is also
contributing to the pupillometer market growth. According to 2017, report of
International Council of Ophthalmology, it was estimated that 1.1 billion
people have near-vision impairment and 217 million people live with Moderate Or
Severe Visual Impairment (MSVI), these cases of MSVI are expected to reach
about 588 million people in 2050. Furthermore, prolong exposure to digital
electronics such as televisions, smartphones & tablets, laptops, video
games, and computers has increased the ophthalmic related disorders, which is
driving the growth of pupillometer market. However, lack of skilled
professional for operating advance pupillometer device is hindering the
pupilometer market growth.
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Asia Pacific is projected to
witness significant growth over the forecast period, owing to increasing
awareness regarding eye disease and increasing prevalence of ophthalmic
diseases. For instance, a study published in Delhi Journal of Pathalmology,
2013 revealed that 91 million population is visually impaired in the entire South
East Asia region, with almost one third of the global share.
Pupillometer Market – Competitive
Landscape
Major players operating in the
global pupillometer market include US Ophthalmic, NeurOptics, Inc., Takagi
Ophthalmic Instruments, Essilor, Veatch ophthalmic Instruments, Luneau
Technology, Good-Lite Co., and AMETEK GmbH. Companies are focused towards
adopting market strategies such as launch of new innovative products, mergers,
collaborations and acquisition to hold their position in the market and
increase product portfolio. For instance, in 2015, Luneau Technology group that
develops and manufactures Visionix wavefront-based refraction and diagnostics
instruments with AIT Industries, a distributor of ophthalmic instruments and
equipment’s based in Bensenville, Illinois.
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