Ophthalmic Ultrasound Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
Global Ophthalmic Ultrasound Devices Market: Overview
Ultrasound technologies have been used prolifically in ophthalmology for treating wide range of pathologies, particularly glaucoma, retinal disorders, and tumors. Imaging device manufacturers in the ophthalmic ultrasound devices market have leveraged new technologies to increase the diagnostic capabilities of the devices. Incorporation of better electronics, such as improved transducers, and new technologies, notably linear array-based plane-wave ultrasound, have undoubtedly expanded the armamentarium for ophthalmologists and eye surgeons.
The ophthalmic ultrasound devices market has made a great headway with the use of ocular ultrasounds in cataract application and for visualizing posterior eye segment in vitreous hemorrhage. A recent case in point is deployment of point-of-care ocular ultrasound for the diagnosis of retinal detachment, adding fresh prospects for players in the ophthalmic ultrasound devices market.
Key end users in the ophthalmic ultrasound devices market are ambulatory surgical centers, hospitals, and ophthalmic clinics. Of these, presence of large patient pool make hospitals a prominent segment for revenue generation during the assessment period of 2018–2028. Major product types could comprise A-scan, B-scan, combined, pachymeter, and ultrasound biomicroscope.
Global Ophthalmic Ultrasound Devices Market: Notable Developments
New treatment avenues in eye care are underpinned by concomitant advances in imaging agents and products, including the use of ophthalmic ultrasound devices. This has helped in the commercialization of novel ocular technologies in the ophthalmic ultrasound devices market. This in large part supported by recent spate of clinical trials in different phases, under the collaboration of clinical-stage medical device companies and manufacturers of ophthalmic ultrasound devices. Recently, the trend gathered momentum in the developed market of North America. The following strategic collaboration underscores the trend.
Global Ophthalmic Ultrasound Devices Market: Key Dynamics
Rising worldwide diabetic populations, especially in developing regions of the world, has also led to an upsurge in the patient populations with diabetic retinopathy. The ophthalmic ultrasound devices market has remained in good stead from the growing application of ultrasound technology for patients with glaucoma and retinopathy of prematurity.
Over the last decade, there has been substantial rise in numbers of patients undergoing cataract surgeries. This has helped accentuate the uptake of improved imaging tools in eye care, particularly in emerging markets. Technological advances pertaining to image resolution capability, data storage, and compounding have helped retain the rapid pace of growth in the ophthalmic ultrasound devices market. Integration of new imaging features, such as related to transducer design, in portable ocular ultrasounds is a prominent case in point. Further, combination devices in contrast to standalone ones are gradually gathering steam in the ophthalmic ultrasound devices market.
Global Ophthalmic Ultrasound Devices Market: Regional Assessment
Key regional markets for ophthalmic ultrasound devices are North America, Asia Pacific, and Europe. North America has witnessed a rise in revenue on the back of copious demand for ophthalmic ultrasound devices for cataract treatment. Medical device manufacturers in the region have made relentless efforts to unveil new A-scan and combination devices with integrated features. This has kept the prospects highly lucrative.
The Europe ophthalmic ultrasound devices market has flourished mainly on the back of incessant efforts by ophthalmology societies to focus on adoption of new ultrasound devices in modern ophthalmology.
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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