South and Central America Intraocular Pressure Monitors Market Outlook (2022-2033)

The South and Central America intraocular pressure monitors market size is expected to reach US$ 70.0 million by 2033 from US$ 51.6 million in 2024. The market is estimated to record a CAGR of 3.8% from 2025 to 2033.

Executive Summary and South and Central America Intraocular Pressure Monitors Market Analysis:

The intraocular pressure monitors market in South and Central America is experiencing significant growth driven by the rising global burden of glaucoma and diabetic eye diseases, a growing geriatric population requiring regular IOP screening, increased awareness, and screening programs for early glaucoma detection. In​‍​‌‍​‍‌​‍​‌‍​‍‌ South and Central America, the intraocular pressure monitors market is a combination of traditional medical practices and new opportunities influenced by population and healthcare changes. Contact monitors continue to be the leading product segment, as they are recognized for their accuracy and affordability, thus making them the most popular devices in both public and private healthcare sectors. Non-contact monitors are slowly being adopted in the cities of Brazil and Argentina, where the comfort of the patient and the efficiency of the service are valued. Hospitals and clinics account for the largest end-user segment, as they are the places where ophthalmologists and diagnostic infrastructures are found in the metropolitan areas.

Market dynamics are influenced by government-supported eye health initiatives, charity-funded programs, and partnerships with NGOs that aim at eliminating eye diseases caused by glaucoma. In spite of the progress made, there are still issues related to affordability, the uneven distribution of sophisticated devices, and the shortage of qualified personnel in the remote and less-developed areas. Overall, the market analysis reveals a region with strong demand drivers but significant disparities, thus the need for tailored strategies to reconcile innovation with ​‍​‌‍​‍‌​‍​‌‍​‍‌accessibility.

South and Central America Intraocular Pressure Monitors Market Segmentation Analysis

Key segments that contributed to the derivation of the intraocular pressure monitors market analysis are product and end user.

• By product, the intraocular pressure monitors market is segmented into contact monitors, non-contact monitors, and wearable IOP sensors. The contact monitors segment dominated the market in 2024. This is the largest segment due to their clinical reliability and widespread use in glaucoma diagnosis across South and Central America.
• By end user, the market is segmented into hospitals and clinics, home-care Settings, ambulatory surgical centers, and other end users. The hospitals and clinics segment held the largest market share in 2024. This is the largest segment due to the concentration of ophthalmologists and the availability of diagnostic infrastructure in South and Central American healthcare systems.

South and Central America Intraocular Pressure Monitors Market Outlook

The​‍​‌‍​‍‌​‍​‌‍​‍‌ South and Central America IOP monitors market future is influenced by factors such as population changes, investments in healthcare, and the inflow of new technologies. The rising glaucoma prevalence in the region requires early detection and continuous monitoring. Contactless monitors are expected to take a larger part in community health programs, especially in those countries where preventive care is becoming a matter of policy. On the other hand, wearable IOP sensors, which are still at a development stage, are the segment with the highest growth rate, thus they are in line with the world trend of personalized and home-based care. Besides that, acceptance will be facilitated to a great extent by the integration with teleophthalmology platforms and digital health ecosystems, in particular, in remote and less privileged areas. Besides manufacturers, local healthcare providers will benefit from strategic collaborations, thus speeding up not only the transfer of technology but also the training and, hence, accessibility improvement. In addition, regulatory harmonization across South and Central American markets is expected to facilitate device approvals and increase investor confidence.

South and Central America Intraocular Pressure Monitors Market Country Insights

Based on country, the South and Central America intraocular pressure monitors market is further segmented into Brazil, Argentina, Peru, Chile, and Colombia. Brazil held the largest share in 2024.

The dynamics at the country level reveal significant differences within South and Central America. The pattern of adoption is different from one country to another. Brazil is the leader in the region with a technologically advanced ophthalmic setup and a significant usage of both contact and non-contact monitors, which is a result of government-backed initiatives aimed at widening access to glaucoma diagnostics. Argentina is a country where demand for non-contact devices is very strong, especially in urban hospitals, which reflects the relatively advanced healthcare system. Small economies in Central America are struggling with issues of affordability and a scarcity of specialists that limit the penetration of high-end devices. Nevertheless, donor-funded initiatives and regional collaborations are slowly filling these gaps, thus portable and affordable contact monitors are the most attractive options in resource-constrained settings. Countries with a growing medical tourism sector are investing in modern ophthalmic diagnostics, creating opportunities for manufacturers of premium devices. Together, these country-level insights emphasize that adoption is diverse, and the region is a combination of opportunities where the success in the market depends on the strategies being tailored, from affordable solutions to advanced ​‍​‌‍​‍‌​‍​‌‍​‍‌technologies.

South and Central America Intraocular Pressure Monitors Market Company Profiles

Medtronic Plc, iCare, Keeler, Reichert Technologies, NIDEK, Topcon Healthcare, Huvitz, Canon Medical Systems, Haag-Streit Diagnostics, and CSO - Costruzione Strumenti Oftalmici are among the key players operating in the market. These players adopt strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive in the market and offer innovative products to their consumers.

South and Central America Intraocular Pressure Monitors Market Research Methodology:

The following methodology has been followed for the collection and analysis of data presented in this report:

• Secondary Research

The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:

• Company websites, annual reports, financial statements, broker analyses, and investor presentations
• Industry trade journals and other relevant publications
• Government documents, statistical databases, and market reports
• News articles, press releases, and webcasts specific to companies operating in the market

Note: All financial data included in the Company Profiles section has been standardized to US$. For companies reporting in other currencies, figures have been converted to US$ using the relevant exchange rates for the corresponding year.

• Primary Research

Business Market Insights conducts a significant number of primary interviews each year with industry stakeholders and experts to validate and analyze the data and gain valuable insights. These research interviews are designed to:

• Refine findings from secondary research
• Enhance the expertise and market understanding of the analysis team
• Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects

Primary research is conducted via email interactions and telephone interviews with industry experts across various markets, categories, segments, and sub-segments in different regions. Participants typically include:

• Industry stakeholders: Vice Presidents, business development managers, market intelligence managers, and national sales managers
• External experts: Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise

South and Central America Intraocular Pressure Monitors Key Sources Referred:

• World Health Organization (WHO)
• Organisation for Economic Cooperation and Development (OECD)
• The World Bank Group
• Worldometer
• The Lancet
• BMC Medical Education
• Eurostat