Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Auto Keratometer Market size was valued at USD 5.36 billion in 2024 and is likely to cross USD 13.07 billion by 2037, registering more than 7.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of auto keratometer is estimated at USD 5.68 billion.
The reason behind the growth is the rising demand for eye-testing gadgets globally. According to the World Health Organization, at least 2.2 billion people worldwide suffer from a visual impairment; of them, at least 1 billion have a condition that might have been avoided. To treat this the demand for eye-testing equipment is also rising.
Auto Keratometer Market: Growth Drivers and Challenges
Growth Drivers
- Rising cases of vision impairment - By monitoring the shift in the direction of light entering the eye, the infrared sensor gadget enables ophthalmologists or optometrists to precisely evaluate refraction taking place in the eye. This particular equipment is intended to evaluate the visual acuity of non-communicative persons, including newborns, young children, and individuals with impairments.
According to the National Library of Medicine, there are 217 million persons with moderate to severe vision impairment and 36 million blind people worldwide, according to recent estimates.
- The growing significance of new keratometer introductions - In hospitals, clinics, and diagnostic centers, auto keratometers are becoming increasingly used for diagnosing disorders connected to the eyes, such as astigmatism, and for determining the true refractive power and refractive inaccuracy of the eye. The evaluation of patients' eyes both before and after refractive procedures is another broad use for these devices.
According to the National Library of Medicine, in order to analyze the corneal surface more broadly and accurately, new corneal topographers were developed.
- Rising innovative technologies like the Internet of Things (IoTs) - In fact, small and medium-sized businesses will be the winners of this most recent wave of IoT maturity, despite the fact that huge corporations started allocating significant resources to IoT technology years ago. They may nevertheless invest in user-friendly IoT solutions even though they do not have the resources to carry out custom implementations.
It is projected that by 2030, there will be over 29 billion Internet of Things (IoT) devices globally, nearly doubling from 15.1 billion in 2020.
Challenges
- Auto keratometers only detect small regions of the cornea - They measure different regions for different powers, assume the cornea is sphere cylindrical and symmetric with a major and minor axis separated by 90 degrees, ignore spherical aberration, is prone to focusing and misalignment errors, and can only measure a small region of the cornea (2 points in the 3–4 mm zone). It also does not provide information about the cornea central or peripheral to these points.
- Shortage of competent neuroscientists - A recent study from the American Academy of Neurology (AAN) describes the shortage of neurologists in the US as a "grave threat" to the specialty of neurology and the provision of high-quality patient care.
Auto Keratometer Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
3.9% |
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Base Year Market Size (2024) |
USD 759.74 million |
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Forecast Year Market Size (2037) |
USD 1249.3 million |
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Regional Scope |
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Auto Keratometer Segmentation
Product (Handheld Auto Keratometer, Benchtop Auto Keratometer)
Handheld auto keratometer segment is poised to dominate over 70% auto keratometer market share by 2037. With the most market share in 2023, the handheld auto keratometer segment is leading the industry. It is more beneficial for patients with younger children, may draw the patient's attention and reduce worry, and is anticipated to propel the auto keratometer market's expansion.
According to the National Library of Medicine, in recent years, the importance of hand-held refractors—like the HandyRef-K (HDY; Nidek SA, Créteil, France) and the Retinomax K-plus 3 (RTX; Right Group, Tokyo, Japan)—has increased due to ophthalmologists' busy clinical schedules, patients' growing trust in advanced mechanical devices, and their quick detection of refractive errors.
Application (Hyperopia, Myopia, Astigmatism, Other Ophthalmic Conditions)
By 2036, Myopia segment is estimated to dominate over 45% auto keratometer market share. This expansion will be noticed in the increasing cases of myopia in people across the world.
According to the International Myopia Institute, there is increasing evidence that myopia is becoming more commonplace worldwide. According to recent research, 30% of people worldwide are already myopic, and by 2050, almost 50% of people or 5 billion people will be myopic.
End-Use (Hospitals, Clinics, Educational Institutes, Diagnosis Centers)
In auto keratometer market, hospitals segment is poised to account for more than 45% revenue share by the end of 2036. The expanding number of people, the growing construction of new hospitals, and the increase in investments in the healthcare industry are all responsible for the segment's expansion. The auto keratometer market development is further supported by the eye care hospitals' quick expansion brought on by the rising prevalence of different illnesses and vision issues.
The Singapore National Eye Centre, for instance, has made investments in a Smart Eye Centre that leverages artificial intelligence to improve and automate a number of eye care processes, including screening, triage, referral, and follow-up.
Our in-depth analysis of the global auto keratometer market includes the following segments:
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Product |
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Application |
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End-Use |
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Operation |
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Customize this ReportAuto Keratometer Industry - Regional Synopsis
North American Market Statistics
North America industry is predicted to account for largest revenue share of 42% by 2037, influenced by rising frequency of eye problems in this region.. The region’s auto keratometer sector is thriving, because of the rising frequency of eye problems in this region. According to the American Optometric Association, over 40% of Americans suffer from myopia, and the percentage is startlingly rising, particularly among youngsters in school.
In fact, according to recent statistics from the American Optometric Association's (AOA) American Eye-Q study, one in four parents had a kid with myopia (commonly known as "nearsightedness"), and over 75% of children with myopia received their diagnosis between the ages of 3 and 12.
The auto keratometer market has expanded in the U.S. as a result of the rising need for ophthalmological treatments and diagnostic techniques. The most recent development in imaging technology is an optical coherence tomography scan, or OCT scan. This diagnostic method, which is similar to ultrasound, uses light instead of sound waves to provide better-quality images of the structural layers of the retina.
The Canadian auto keratometers development mainly lies in the rising investment in healthcare infrastructure. The largest healthcare investment in over 20 years was made by the Canadian federal government in the 2023 budget, which included a USD 46.2 billion increase in financing for provinces and territories.
APAC Market Analysis
APAC region in auto keratometer market is poised to register around 6.2% growth from 2024 to 2036, owing to the increasing population of patients suffering from astigmatism conditions.
According to the International Myopia Institute, research indicates that in recent decades, the number of instances of myopia in Asian nations has rapidly grown, along with greater expectations placed on young children about their education. About 80–90% of high school graduates in several East Asian nations suffer from myopia, a serious public health problem. Of them, 10–20% have sight-threatening pathologic myopia.
Auto keratometers are especially in actual demand in China, driven by the rising population and the rising number of eye patients in this country. China's population is estimated to have decreased from 1.412 billion in the 2020 census to 1.409 billion in 2023.
In Korea, auto keratometers will encounter massive growth because the country is a hotspot for myopia patients. Moreover, in Korea, the corresponding rates of myopia and high myopia were 6.9% and 65.4%, respectively.
The auto keratometers sector will also be huge in Japan due to the rising use of keratometry devices for Myopia and Presbyopia treatment across different hospitals and clinics along with the rising prevalence of hospitals in Japan. Japan has one of the greatest densities and total populations. In Japan, hospitals that are not publicly funded are primarily privately owned by medical firms.
Companies Dominating the Auto Keratometer Market
- Nidek Co., Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- TOMEY CORPORATION
- Right MFG Co., Ltd.
- Topcon Corporation
- Potec Co., Ltd.
- BON Optic
- Coburn Technologies, Inc.
- Luneau Technology Group
Leading companies are concentrating on enhancing the features and specifications of auto keratometers in addition to forming alliances, mergers, and acquisitions to broaden their product offerings. A few of the key players in the auto keratometer market are:
In the News
- NIDEK CO., LTD., an international leader in the planning, production, and distribution of ophthalmic, optometric, and lens edging gears, declared that they contributed to the IAPB as a part of NIDEK’s Sustainable Development Goals.
- NIDEK CO., LTD. recently declared an essential in-kind and financial donation to Orbis International to assist Orbis’s artificial intelligence (AI)-depended screening services in Vietnam.
Author Credits: Radhika Pawar
- Report ID: 6042
- Published Date: Jan 03, 2025
- Report Format: PDF, PPT
