06-Feb-2020 | Facts and Factors
Facts and Factors have authored “Ophthalmic Ultrasound Device Market By Product (A-Scan, B-Scan, Combined, Pachymeter, & Ultrasound Biomicroscope), By End-User (Hospital, Ambulatory Research Centers, Ophthalmic Clinic, & Others), By Mobility (Standalone & Portable/Handheld), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 - 2026”. Based on our analysis, the global ophthalmic ultrasound device market in 2020 was approximately USD 487.2 Million and is anticipated to reach around USD 873.7 Million by 2026. The anticipated CAGR for the ophthalmic ultrasound device market is around 4.9% from 2021 to 2026.
Ophthalmic Ultrasound Devices are diagnostic devices that use ultrasound technology for various ophthalmology practices or eye-related disorders. There are mainly two types of ultrasound technologies used in ophthalmologic practices which include A-Scan & B Scan. Ophthalmic ultrasound device utilizes frequencies ranging from 6-50 MHz (1MHz=1 million cycles/ second). Doctors, physician prefers ophthalmic ultrasound device for eye-related disorder like cataract, glaucoma, etc.
Browse the full “Ophthalmic Ultrasound Device Market By Product (A-Scan, B-Scan, Combined, Pachymeter, & Ultrasound Biomicroscope), By End-User (Hospital, Ambulatory Research Centers, Ophthalmic Clinic, & Others), By Mobility (Standalone & Portable/Handheld), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 - 2026” report at https://www.fnfresearch.com/ophthalmic-ultrasound-device-market-by-type-a-scan
According to the National Eye Institute, the number of people suffering from cataracts in the United States is projected to reach around 40 million by 2030. Surgery is the only effective treatment for cataract treatment and ocular ultrasound imaging is performed pre-surgery in order to determine the power of the corrective lens. Post-surgery imaging is also done in order to check that the lens is placed perfectly. High growth in emerging countries such as China and India is attributable to the increasing aging population along with the increasing incidence rate of diabetes. All these pointers reflect the potential for the growth of the global ophthalmic ultrasound devices market during the analysis period. The rise in the number of ophthalmologists in developed as well as developing countries is also expected to fuel the market growth. However, the availability of alternative technology such as OCT (Optical coherence tomography) acts as the major restraint to the market.
The global ophthalmic ultrasound device market is segmented on the basis of type, modality, and application. On the basis of the type, the market is divided into the combined scan, A-Scan, pachymetry, B-Scan, and others. The A-Scan segment is dominating the type segment which has a volume share of around 40% in 2018. The B-scan segment is also anticipated to hold a significant share during the forecast period. Further, on the basis of modality, the market is bifurcated into standalone and portable. The standalone segment is projected to hold a maximum share for the year 2018. Furthermore, hospitals, eye research institutes, ambulatory surgical centers, and others are the application-based segmentation of the ophthalmic ultrasound device market. Hospitals is the dominating application segment and are expected to continue the trend during the analysis period.
The global ophthalmic ultrasound device market is analyzed into the following regions namely, Asia Pacific, Latin America, North America, Europe, and the Middle East, and Africa. The Asia Pacific and North America are the two leading regional segments generating the major chunk of the market revenue. These regions are further categorized into the major countries from the regions respectively. Major countries included in this research report are the U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Brazil, and Argentina among others.
Report Scope
Report Attribute |
Details |
Market Size in 2020 |
USD 487.2 Million |
Projected Market Size in 2026 |
USD 873.7 Million |
CAGR Growth Rate |
4.9% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2026 |
Key Market Players |
Halma plc., NIDEK Co. Ltd., Quantel Medical, Optos, Escalon Medical Corp, Appasamy Associates, MicroMedical Devices, and Others |
Key Segments |
Product, End-Users, Mobility, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Purchase Options |
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Some of the leading players in the global market include
Halma plc., NIDEK Co. Ltd., Quantel Medical, Optos, Escalon Medical Corp, Appasamy Associates, MicroMedical Devices, DGH Technology, Ellex, Carl Zeis Meditech, ArcScan, Wuhan Strong Electronics, Ellex Medical Laser Ltd., and Headwall Photonics, Inc., among others.
This report segments the global ophthalmic ultrasound device market as follows:
By Product Segment Analysis
- A-Scan
- B-Scan
- Combined
- Pachymeter
- Ultrasound Biomicroscope
By End-User Segment Analysis
- Hospital
- Ambulatory Research Centers
- Ophthalmic Clinic
- Others
By Mobility Segment Analysis
- Standalone
- Portable/Handheld
By Regional Segment Analysis
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-East Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- The Middle-East and Africa
- GCC Countries
- South Africa
- Rest of Middle-East Africa
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