Ophthalmic Ultrasound Systems Market Size, Share, Growth, Trends, Production, Consumption, Revenue and Forecast 2020 to 2027

According to Vision Research Reports, the global ophthalmic ultrasound systems market was valued at US$ 3.21 Bn in 2019 and is projected to expand at a CAGR of 5.3% from 2020 to 2027.

The global ophthalmic ultrasound systems market size is expected to reach US$ 4.48 billion by 2027, high prevalence of ocular disorder and diseases, to escalate the growth of global ophthalmic ultrasound systems market. Moreover, surge in geriatric population with glaucoma to drive the global ophthalmic ultrasound systems market during the forecast period.

The report provides revenue of the global ophthalmic ultrasound systems market for the period 2016–2027, considering 2019 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global ophthalmic ultrasound systems market during the forecast period.

The report delves into the competitive landscape of the global ophthalmic ultrasound systems market. Key players operating in the global ophthalmic ultrasound systems market have been identified, and each one of these has been profiled for distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players in the global ophthalmic ultrasound systems market that have been profiled in this report.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Furthermore, the report sheds light on the changing competitive dynamics in the global ophthalmic ultrasound systems market. These indices serve as valuable tools for existing market players as well as for entities interested in entering the global ophthalmic ultrasound systems market.

Competitive Landscape

• This report profiles major players in the global ophthalmic ultrasound system market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments
• The global ophthalmic ultrasound system market is highly fragmented, with the presence of a number of international as well as regional players
• Leading players operating in the global ophthalmic ultrasound system market are
  • Ametek, Inc.
  • Carl Zeiss Meditec AG
  • Halma plc
  • NIDEK CO., LTD.
  • Ellex Medical Lasers Ltd
  • Quantel Medical (Lumibird)
  • Optos plc (Nikon Corporation)
  • Escalon Medical Corp.
  • Appasamy Associates
  • Micro Medical Devices, Inc.

The report on the global ophthalmic ultrasound system market discussed individual strategies, followed by company profiles of manufacturers of ophthalmic ultrasound system. The competitive landscape section has been included in the report to provide readers with a dashboard view and a company market share analysis of key players operating in the global ophthalmic ultrasound system market.

Increase in Burden of Eye Diseases Owing to Increase in Geriatric Population to Drive Global Ophthalmic Ultrasound Systems Market

• Persistent rise in geriatric population directly significantly impacts the growth and development of ophthalmology systems, as this population is highly susceptible to several health disorders as compared to younger people, including eye disorders. This creates a notable demand for effective management of the disorders and diseases, globally. Thereby drive the growth of ophthalmic ultrasound system market
• Moreover, the combination of a growing and ageing population is significantly increases the total number of people with eye conditions and vision impairment, since prevalence increases with age

A-Scan Segment to Dominate Ophthalmic Ultrasound Systems Market

• In terms of product, the global ophthalmic ultrasound system market has been segmented into A-Scan, B-Scan, combined scan, pachymeter and ultrasound bio microscope (UBM). The A-Scan segment dominate the global ophthalmic ultrasound system market in 2018 and the trend is projected to continue during the forecast period. Rise in usage and application of the A-scan in the treatment of eye diseases is anticipated to drive the growth of segment. Combination scan segment grow at rapid CAGR during the forecast period.

Portable Segment Hold a Major Share of Global Ophthalmic Ultrasound Systems Market

• Based on modality, the global ophthalmic ultrasound system market has been classified into portable and standalone. Portable segment dominate the market in 2018 and it is grow at a rapid CAGR during the forecast period. Increase in preference for portable devices due to ease of handling and surge in adoption of innovative devices are the key factors anticipated to drive the growth of segment

Hospitals Segment to Dominate Global Ophthalmic Ultrasound Systems Market

• In terms of end-user, the global ophthalmic ultrasound system market has been segmented into hospitals, eye research institutes, ambulatory surgical centers and ophthalmic clinics. Preference for hospitals due to availability of advanced technologies and number of facilities provided at single site is a key factor anticipated to drive the growth of segment

Key Questions Answered in Global Ophthalmic Ultrasound Systems Market Report

• What is the scope of growth for product companies in the global ophthalmic ultrasound systems market?
• What will be the Y-o-Y growth of the global ophthalmic ultrasound systems market between 2019 and 2027?
• What is the influence of changing trends in technologies on the global ophthalmic ultrasound systems market?
• Will North America continue to be the most profitable market for ophthalmic ultrasound systems providers?
• Which factors are anticipated to hamper the growth of the global ophthalmic ultrasound systems market during the forecast period?
• Which are the leading companies in the global ophthalmic ultrasound systems market?

Research Methodology

A unique research methodology has been utilized by VRR to conduct comprehensive research on the growth of the global ophthalmic ultrasound systems market and arrive at conclusions on its growth prospects. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions.

Secondary research sources referred to by analysts during the production of the global ophthalmic ultrasound systems report include statistics from company annual reports, SEC filings, company websites, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of VRR’s study on the ophthalmic ultrasound systems market as primary methods.

These primary research respondents have provided exclusive information during interviews, which serves as a validation from the ophthalmic ultrasound systems market leaders. Access to an extensive internal repository and external proprietary databases enabled this report to address specific details and questions about the global ophthalmic ultrasound systems market with accuracy. The study also uses the top-down approach to assess the revenues for each segment and the bottom-up approach to counter-validate them. This has helped in reaching VRR's estimates on future prospects of the global ophthalmic ultrasound systems more reliably and accurately.

Segmentation

• Global Ophthalmic Ultrasound Systems Market, by Product
  • A-Scan
  • B-Scan
  • Combined Scan
  • Pachymeter
  • Ultrasound Bio Microscope (UBM)
• Global Ophthalmic Ultrasound Systems Market, by Modality
  • Portable
  • Standalone
• Global Ophthalmic Ultrasound Systems Market, by End user
  • Hospitals
  • Eye Research Institutes
  • Ambulatory Surgical Centers
  • Ophthalmic Clinics
• Global Ophthalmic Ultrasound Systems Market, by Region
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific          
    • China
    • India
    • Japan
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa