The Pupillometer market will be US$ 385.56 Mn by 2023 and now

NEWARK, Del., Nov. 09 2022 (GLOBE NEWSWIRE) — The global market pupilometer is anticipated to witness a huge growth opportunity during the forecast period by registering a total of around 7.7% CAGR from 2023 to 2033. Currently, the pupilometer is estimated to be valued at around US$ 385.56 Mn in 2023. The pupilometer market value is expected to reach a high of US$ 809.56 Mn by the year 2033. During the comparison between digital and video pupilometers, the latter is known to be superior. These tools are sufficient to record a range of student responses. In addition, the video pupillometer uses an infrared high-definition video camera to record bilateral pupil responses to monocular visual stimuli.

Furthermore, these pupilometers are capable of capturing both spontaneous and evoked pupillary light reactions at the same time. Another prominent element contributing to the increased interest in automatic video pupillometers is their recent regulatory clearance. Therefore, some prominent companies in the pupillometer market are incorporating advanced technology such as LED light sources, high precision infrared cameras, and powerful microprocessors. As a result, the market expands as a result of the increased demand brought about this feature.

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Furthermore, video pupillometers are faster and more convenient compared to digital pupillometers. The pupillometers automatically eliminate the potential for human error that can occur with a manual approach. As a result, this leads to an increase in demand for video pupillometers, which in turn propels the development of the market. Therefore, due to these benefits, this tool is widely used in clinical practice.

Key takeaways

  • The wide spread pupillometer market led to the use of computers and the internet to create new items. With a combination of advanced technology, the pupilometer consists of user-friendly controls such as binocular and monocular measurements, as well as X81705 infinite vision distance settings, both of which can be adjusted manually. X81705 also has an automatic on/off function and digital readouts that can measure up to 0.5 nm.
  • Demand for the automatic pupillometer market is increasing as more people are looking for alternatives compared to traditional pupil measurement methods due to safety concerns. According to a study published in 2016, the American Journal of Critical Care revealed that neurological and critical care nurses constantly underestimate pupil size and incorrectly measure pupil reactivity, leading the authors to conclude that the use of automatic pupillometer medical equipment is an important tool. allows for more effective and timely diagnostics.
  • A significant increase in the global incidence of eye problems is also driving the demand for pupillometers. The number of people with moderate or severe visual impairment is expected to rise to nearly 588 million by 2050 from the current estimate of 217 million, according to a 2017 study by the International Council of Ophthalmology.
  • The demand for pupilometers is increasing in various diseases such as ophthalmic related diseases due to prolonged use of digital electronics such as TVs, smartphones & tablets, laptops, videos, and PCs. While demand for pupillometers continues to rise, market expansion is hindered by a shortage of trained personnel to operate the advanced equipment.
  • Growth of the global pupillometer market is anticipated over the projection period supported by a dramatic rise in the incidence of neurological diseases. Due to the advancement of technology, it led to the surge of a new generation of pupilometers and the emergence of progressive medical devices. Pupilometer is responsible for increasing the effectiveness of diagnosis and helping doctors to identify brain disorders. Backed by such properties, the global pupillometer market is expected to exhibit good growth opportunities.

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Coconut landscape

There are many international and domestic players in the pupilometer industry which makes the market competitive. To maintain a competitive edge in the global pupillometer market and expand product offerings, major market players are implementing market strategies such as introducing new items, breaking ground as well as mergers, collaborations, and acquisitions.

More Insights into Pupilometer market

North America is expected to dominate the global pupilometer market as it accounts for more than 26.3% of the global revenue. The growth of the region is attributed to the largest population in the region and a high incidence of neurological and eye diseases. The widespread applicability of Pupillometry in the United States is another factor that should boost sales.

Europe is expected to surge with lucrative growth opportunities with 8.8% of CAGR between 2023 to 2033. Surging area growth in Europe due to the increase in the prevalence of neurological diseases, the pupillometer is finding more and more uses. In addition, technical progress has led to the creation of a pupilometer for the next generation, which is more advanced than the medical equipment of the past.

Key Segments in the Pupillometer Market

By Mobility:

By Type:

In end use:

  • Hospital
  • Eye clinic
  • other

By Application:

  • Neurology
  • Oncology
  • other

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • case
  • Europe

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Table of Contents

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market coverage / Taxonomy

2.2. Market definition / scope / Limitation

3. Market Background

3.1. Market dynamics

3.1.1. dRIVER

3.1.2. obstacle

3.1.3. opportunity

3.1.4. trends

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