The technology-intensive corneal topographers market is tracing a steady growth trajectory, despite unfavorable growth conditions brought in by the cost-prohibitive nature of these systems and the shortage of ophthalmologists.
Convergence of Corneal Topographers and Laser Technology to Unlock New Growth Prospects
The technology-intensive corneal topographers market is tracing a steady growth trajectory, despite unfavorable growth conditions brought in by the cost-prohibitive nature of these systems and the shortage of ophthalmologists. As found by several researches, there has been a staggering rise in ophthalmic incidences and ocular conditions. The National Eye Institute has found that, 36 Mn people in the U.S. were detected with ocular diseases in 2016. The rapid rise in the number of patients opting for vision correction procedures is likely to exert a profound influence on the vertical movement of the market.
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Yet another cause of poor vision can be associated with the growing diabetic populace, since they are highly susceptible to developing cataract. With masses leading unhealthy and demanding lifestyles, regular consumption of packaged food and beverages is found to be the leading cause of diabetes. Growth in the patient base has attracted market players to leverage technology to develop topography-guided personalized laser treatment systems, with increased efficiency.
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Computer-assisted Corneal Topographers to Offset Edges of Conventional Systems
Keratometers have long been used as the standard instruments for assessing corneal curvature; however, the advent of computer-assisted photokeratoscopy in ophthalmology practice is improving the performance of corneal topography. With the increasing penetration of corneal topographers, it is uncommon for ophthalmologists to use keratometers, as the former can capture data from the entire cornea and offer valuable information to assist the diagnosis of corneal problems.
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The future scope of computer-assisted corneal topographers extends towards the designing of custom-fitted contact lenses to ensure better convenience for patients, which is shown by a report presented by Transparency Market Research (TMR). The study shows that, corneal topographers are significantly used for contact lens fitting applications, while their use for the evaluation of cataract is growing at an exponential rate.
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Asia Pacific to be a Lucrative Corneal Topographers Market
Regulatory norms for the development and approval of medical devices differ from country to country. However, the base of approval for any medical device is dependent on efficiency and safety. With innovation moving beyond its current range and making rapid penetration in the form of novel corneal topographers, the scrutiny of these systems has been stricter in developed countries as compared to developing countries. At the same time, the technological revolution in developing countries underpinned by increasing government initiatives in the healthcare sector is likely to complement the corneal topographers markets in these regions.
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The corneal topographers market has been growing at an exponential pace in China and India, as the focus of the governments of these nations has been shifting towards quality care. In China, the supervision and administration of medical devices is governed by the China State Food and Drug Administration (SFDA). The regulatory scenario in the country is of a lenient nature, and non-contact viewing devices used for ophthalmic procedures are categorized as class-1. These devices are deemed low-risk devices, and they need only general control, thereby offering ease of use to ophthalmologists.
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