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Global Tonometers Market 2018-2022| Growing Demand for Hand-Held Tonometers to Boost Growth| Technavio

December 27, 2018

LONDON--(BUSINESS WIRE)--Dec 27, 2018-- analysts forecast the global tonometers market to grow at a CAGR of over 5% during the forecast period, according to their latest market research report.

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Technavio has released a new market research report on the global tonometers market for the period 2018-2022. (Graphic: Business Wire)

Technological advances and new product launches is one of the major trends being witnessed in the . The emergence of diverging trends is transforming the global healthcare industry. Growing technological advances and digital technologies allow the development of breakthrough products, which improve the diagnosis and treatments of diseases. Recent advances in tonometry have encouraged vendors to develop several devices with varied clinical applications. Therefore, such manufacturers offer innovative, easy-to-use, and integrated tonometers, which is increasing their prominence among end-users, globally.

This report is available at a USD 1,000 discount for a limited time only:

According to Technavio analysts, one of the key factors contributing to the growth of the global tonometers market is the growing demand for hand-held tonometers:

Global tonometers market: Growing demand for hand-held tonometers

Over the last few years, the demand for hand-held tonometers is growing at an unprecedented rate. The growth of the hand-held tonometers is attributable to the increasing advances in the ophthalmology industry which encouraged vendors to incorporate new technologies and create novel medical diagnostic devices for healthcare providers. As most tonometers are bulky and consume large spaces in the offices of physicians, the portable medical instruments are developed to offer increased convenience and efficiency. To cater to the growing demand from end-users, most vendors are significantly investing in R&D and are designing portable tonometers, which, in turn, is fueling market growth.

According to a senior analyst at Technavio, “Apart from the growing demand for hand-held tonometers, factors such as the increasing prevalence of ocular diseases and the high growth potential from emerging economies are expected to fuel the growth of the global tonometers market during the forecast period.”

Global tonometers market: Segmentation analysis

The global tonometers market research report provides market segmentation by product (table-mount tonometers and hand-held tonometers) and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

The table-mounted tonometers segment held the largest share of the market in 2017, accounting for about 70% share, followed by the hand-held tonometers. Although the hand-held tonometers segment accounted for the smallest share of the market, it is expected to witness huge demand during the forecast period and is likely to register the highest incremental growth.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20181227005307/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY HEALTH CLINICAL TRIALS HOSPITALS MEDICAL DEVICES OTHER HEALTH RESEARCH OTHER SCIENCE NURSING SCIENCE GENERAL HEALTH

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 12/27/2018 12:07 PM/DISC: 12/27/2018 12:07 PM

http://www.businesswire.com/news/home/20181227005307/en

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