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Pachymeter Device Market Advancements by 2029

Data Bridge Market Research analyses that the pachymeter device market is expected to undergo a CAGR of 5.50% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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The size of the pachymeter device market is anticipated to increase during forecast period. The prevalence of ocular diseases such glaucoma, cataracts, and diabetic retinopathy is predicted to increase, which will boost overall growth. Additionally, at least 1 billion patients worldwide have untreated or preventable vision impairments, which is likely to fuel the industry's overall growth.

A pachymeter is a piece of medical equipment used to measure the corneal thickness of the eye. Among other things, it is used to do corneal pachymetry prior to refractive surgery, screen for keratoconus, detect cataracts, perform LRI surgery, and is helpful in glaucoma screening of patients. The procedure to measure corneal thickness is called a corneal pachymeter, which is a quick and simple examination that involves an ultrasonic scan of the front and rear corneal surfaces.

Strategic activities are anticipated to increase access to contemporary ophthalmic care, which is anticipated to further the overall growth in this sector. In Asia and Africa, in particular, well-known market giants are increasing their rural presence. One of the main drivers of the market's expansion is the rise in the number of ambulatory care facilities and charitable organisations. During the forecast period, demand for technologically improved pachymetry systems is anticipated to increase due to increased competition in the ophthalmic care services sector.

North America dominates the pachymeter device market due to the rising base of baby boomers and well-established healthcare infrastructure. Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 owing to increased disposable income levels and rising awareness about early diagnosis.

Major players operating in the Pachymeter Device Market are Quantel Medical (France), Optovue Incorporated (U.S.), DGH Technology, Inc. (U.S.), Tomey Corporation (Japan), Sonomed Escalon (U.S.), Reichert Inc. (U.S.), AMETEK Inc. (U.S.), MicroMedical Devices (MMD) Inc. (U.S.), OCULUS (Germany), Topcon (Japan), Ophtec BV (Netherlands), NIDEK Co. Ltd. (U.S.), CSO (Ireland), Zeiss International (Germany), Essilor (France), Bausch & Lomb Incorporated (Canada) among others.

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