Global Ophthalmic Ultrasound Devices Market 2019-2023

  • Published: Jan 2019
  • Pages: 118
  • SKU: IRTNTR30628
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The global ophthalmic ultrasound devices market size will grow by over USD 518 million during 2019-2023. This report provides a detailed analysis of the market based by product (portable ophthalmic ultrasound devices and on-platform ophthalmic ultrasound devices) and geography (the Americas, APAC, and EMEA). This report also analyzes the market’s competitive landscape and offers information on several ophthalmic ultrasound device manufacturers including DGH Technology, Ellex Medical Lasers, NIDEK, Quantel Medical, and Sonomed Escalon.

Below are some of the key findings from this ophthalmic ultrasound devices market analysis report

Ophthalmic Ultrasound Devices Market

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Global ophthalmic ultrasound devices industry overview

With the increasing prevalence of ophthalmic disorders such as glaucoma, cataract, diabetic eye disease, and diabetic retinopathy, the demand for ophthalmic ultrasound devices will also grow. Refractive errors such as hyperopia, myopia, presbyopia, and astigmatism have also become a common occurrence. A-scan and B-scan are ultrasound devices which help in the diagnosis of eye diseases including cataract and refractive errors.

Awareness about ophthalmic disorders is also increasing due to its increasing prevalence. Global initiatives such as VISION 2020, by World Health Organization (WHO) and International Agency for the Prevention of Blindness (IAPB), will help create awareness about reducing avoidable blindness by ocular diseases. WHO is also partnering with governments, non-governmental organizations (NGOs), corporate sectors, and United Nations (UN) agencies to eliminate avoidable blindness. Such government and non-government initiatives will increase awareness about ocular diseases and thereby drive the demand for ophthalmic ultrasound devices which help in early diagnosis of such diseases. Thus, the prevalence of ophthalmic disorders and their growing awareness is identified as a major factor driving ophthalmic ultrasound devices market growth at a CAGR of about 6% during the forecast period.

Top ophthalmic ultrasound device companies covered in this market research report

The global ophthalmic ultrasound devices market is fairly fragmented and the market’s competitive environment is intense. To help clients improve their revenue shares in this market, this research report provides an analysis of the market’s competitive landscape and contains information on the products offered by various leading companies. Additionally, this ophthalmic ultrasound devices market analysis report suggests strategies companies can adopt and recommends key areas they should focus on, in order to make the most of the upcoming growth opportunities.

The report offers a detailed analysis of several leading companies including:

  • DGH Technology
  • Ellex Medical Lasers
  • NIDEK 
  • Quantel Medical 
  • Sonomed Escalon 

Ophthalmic ultrasound devices market segmentation based on product

  • Portable
  • On-platform

The portable ophthalmic ultrasound devices market segment will account for the highest market share within the ophthalmic ultrasound devices market because of their low cost and easy portability. Technological advancements in portable ophthalmic ultrasound devices will also play a major role in the growth of the market in this segment.

Ophthalmic ultrasound devices market segmentation based on geographic region

  • Americas
  • APAC
  • EMEA

The Americas will account for the highest growth of the ophthalmic ultrasound devices market throughout the forecast period. The presence of superior healthcare facilities and key vendors and increasing product launches are some of the factors responsible for market growth in this region.

Key highlights of the global ophthalmic ultrasound devices market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the ophthalmic ultrasound devices market during the next five years
  • Precise estimation of the global ophthalmic ultrasound devices market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the ophthalmic ultrasound devices industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details of factors that will challenge the growth of ophthalmic ultrasound devices companies 

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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