Global Ophthalmic Ultrasound Devices Market – Industry Trends and Forecast to 2028

Market Analysis and Insights : Global Ophthalmic Ultrasound Devices Market

Ophthalmic ultrasound devices market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 5.36% in the forecast period with the estimation of USD 3,096.37 Million and is expected to reach USD 4,701.74 million by 2028. The growing number of clinical trials will help in escalating the growth of the ophthalmic ultrasound devices market.

Ocular ultrasound is known to be an essential tool for diagnosing in ophthalmology as it has huge implementations including representation of posterior eye segment in dense cataract or vitreous hemorrhage conditions. Elemental use of ophthalmic ultrasound devices embodies expecting the central length to decide the intensity of corrective lens, visualizing lens dislocation, distinguishing choroidal melanoma and retinal detachments, and diagnosing other ophthalmic issue.

The growing number of private as well as charitable ophthalmic clinics and ambulatory imaging centers in developing countries is estimated to play an essential role in boosting the global ophthalmic ultrasound systems market. The rising ailment of diabetes, a dominant point leading to ophthalmic disorders for example cataract and proliferative diabetic retinopathy, increasing awareness about the cataract surgeries which is the leading cause of blindness among people in the US and some other ailments such as diabetic retinopathy, diabetic eye disease, and glaucoma, and introduction to the technologically advanced devices are some of the key factors anticipated to propel the ophthalmic ultrasound devices market over the forecast period. Growing number of strategic initiatives, such as introduction of technologically advanced and integrated devices at competitive prices, establishing of exclusive agreement with hospitals and clinics, and mergers and acquisitions also promote growth to the ophthalmic ultrasound devices market. Furthermore, development of ophthalmology society and maturing government and private programs supporting eye care are expected to boost the ophthalmic ultrasound devices market. Worldwide demand for advanced eye care is growing at a rapid pace. The growing number of cases of cataract and ocular diseases among geriatric population is one of the factors driving the ophthalmic ultrasound devices market. Despite that, high prices of technologically advanced new ophthalmic ultrasound devices and stringent regulatory requirements may act as factors that hamper the ophthalmic ultrasound devices market growth. Emerging countries are expected to bring new awareness avenues for ophthalmic ultrasound devices manufacturers.

The growing popularity of ophthalmic disorders and the increasing awareness is estimated to be key factor that is expected to drive the ophthalmic ultrasound devices market growth. technological advancements such as companies that are developing both A-scan and B-scan ultrasound systems for ultra-high performance most likely to propel the rise of the ophthalmic ultrasound devices market during the forecast period. Several manufacturers are investing heavily on the development of novel diagnostic and surgical platforms in order to cater to the need and demand from patients which is the key factor anticipated to fuel the growth of ophthalmic ultrasound system market

Prices that are associated with hi-tech ophthalmology system are estimated to act as an obstruction of the growth of ophthalmic ultrasound system market. Delayed approval because of some stringent regulations by adjusting authorities, for example the U.S. Food and Drug Administration (FDA), European CE Mark, and Japan FDA, has accordingly led to high costing of the medical devices. The major consumers of these devices, for example the hospitals and the specialty clinics are negatively impacted by the high cost of the medical devices and hence is a key factor in acting as a hinderance to the growth of global ophthalmic ultrasound system market.

This ophthalmic ultrasound devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on ophthalmic ultrasound devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth. 

Ophthalmic Ultrasound Devices Market Scope and Market Size

Ophthalmic ultrasound devices market is segmented on the basis of product, mobility outlook and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications. 

• Based on product, the ophthalmic ultrasound devices market is segmented into OCT, fundus camera, ultrasound, ophthalmoscope, phoropter, slit lamp, perimeter, keratometer, tonometer, IOL, excimer laser, OVDs, phacoemulsification.
• Based on mobility outlook, the ophthalmic ultrasound devices market is segmented into standalone portable or handheld.

• Based on end user, the ophthalmic ultrasound devices market is segmented into hospital, ambulatory surgical centre, ophthalmic clinic, consumer, others

Ophthalmic Ultrasound Devices Market Country Level Analysis

Ophthalmic ultrasound devices market is analysed and market size insights and trends are provided by country, product, mobility outlook and end user as referenced above.      

The countries covered in the ophthalmic ultrasound devices market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the ophthalmic ultrasound devices market in the forecast period due to improving healthcare infrastructure and growing economies.

The country section of the ophthalmic ultrasound devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Ophthalmic Ultrasound Devices Market Share Analysis

Ophthalmic ultrasound devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ophthalmic ultrasound devices market.

The major players covered in the ophthalmic ultrasound devices market report are EssilorLuxottica, Alcon, Johnson & Johnson Vision, HOYA VISION CARE COMPANY, Bausch & Lomb Incorporated, Carl Zeiss Meditec, Topcon, Glaukos Corporation., HAAG-STREIT GROUP, STAAR SURGICAL, Ziemer Ophthalmic Systems, CooperVision, Heidelberg Engineering GmbH., Canon Inc., Optovue, Incorporated, Neo Vision Foundation, Reichert, Inc. Ophtec BV, HEINE Optotechnik GmbH & Co. KG, Lumenis., Luneau Technology Group. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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