Ophthalmic Ultrasound Devices Market 2018

Pune, Maharashtra -- (SBWire) -- 12/12/2019 -- 

Ophthalmic Ultrasound Devices Market - 2018-2026

 

Ophthalmic Ultrasound Devices Industry Overview:

 The global ophthalmic ultrasound devices market size was esteemed at USD 456.4 million of every 2018 and is anticipated to develop at a CAGR of 6.1% by 2026. Developing commonness of ophthalmic diseases, for example, diabetic retinopathy and cataract and regular dispatch of items are among the components driving the market development

Ocular ultrasound keeps on being an integral diagnostic tool in ophthalmology as it has huge applications including representation of posterior eye segment in dense cataract or vitreous hemorrhage conditions. Basic use of ophthalmic ultrasound devices incorporates estimating the central length to decide the intensity of corrective lens, visualizing lens dislocation, distinguishing choroidal melanoma and retinal detachments, and diagnosing other ophthalmic issue.

Developing frequency of way of life and age-related ophthalmic conditions and expanding number of claim to fame eye care centers in creating locales are among the variables expected to lift market request over the gauge time frame. According to WHO, the quantity of individuals experiencing diabetes has expanded to 422 million of every 2014 from 108 million of every 1980. Diabetic retinopathy is seen in one out of three patients and is one of the real reasons for visual deficiency.

The propelling factors for the growth of the ultrasound devices market include the government and private funding for R&D in ultrasound imaging, increasing number of healthcare providers, technological advancements, and increasing incidences of chronic diseases.

The incidences and prevalence of chronic diseases are rapidly increasing all around the world. Currently, affecting more than 14 million people around the world, the prevalence of cancer is becoming a major concern for the healthcare sectors across the world. The demand for ultrasound imaging devices is expected to rise, along with the demand for the early detection of disease and minimization of cost of treating these chronic diseases. This also increases the number of diagnostic imaging procedures. The significant contribution to medical diagnostics and the ease of use have created a huge demand, and therefore, attracted various funding bodies to invest, which is expected to increase in the coming years.

The rising technological advancements supported by the adoption of trusted associations, are expected to boost the market growth. Curtailment in the size of ultrasound devices has given the market a slight boost, if not a significant one. It has given the healthcare facilities a chance to replace old heavy devices with small devices. With the reduction in size of these devices, the problem of storage is solved, enabling the facilities to operate more efficiently with more number of devices.

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Top Key Players Of Ophthalmic Ultrasound Devices Industry:

NIDEK
Ellex Medical
Quantel Medical
Optos
Halma
ArcScan
Micro Medical Devices
Wuhan Strong Electronics
Reichert
Escalon Ophthalmics

Scope of the Report

As per the scope of the report, a diagnostic ultrasound, also known as sonography, is an imaging technique that uses high-frequency sound waves to produce images of the different structures inside the body. They are being utilized for the assessment of various conditions in the kidney, liver, and other abdominal conditions. They are also majorly used in chronic diseases, which include health conditions, such as heart disease, asthma, cancer, and diabetes. Therefore, these devices are being utilized as both diagnostic imaging and therapeutic modality, and have a wide range of applications in the medical field.

As indicated by the National Eye Institute, the quantity of individuals experiencing cataract in the U.S. is relied upon to reach around 40 million out of 2030. Medical procedure, the main viable treatment for cataract, is performed simply after ocular ultrasound imaging to decide the intensity of corrective lens. Imaging is additionally done post surgery to guarantee that lens is superbly set, implying the capability of ophthalmic ultrasound devices.
Ascend in number of activities to improve access to cataract treatment in provincial regions of created just as creating areas is relied upon to build the interest for ophthalmic ultrasound systems.For example, National Program for Control of Blindness (NPCB) is one of the activities concentrated on giving eye care administrations to the undeserved patient pool, fortifying of HR in the field of ophthalmology, and advancement of maintainable framework.
In view of versatility, global ophthalmic ultrasound frameworks market is segmented into portable/handheld and standalone devices. Standalone devices held the biggest offer in 2018, attributable to components, for example, simple accessibility, moderateness, and simple taking care of. The prevalence of standalone devices is relied upon to decay over the figure time frame with presentation of cutting edge, precise handheld frameworks.
Space compels in ophthalmologist centers, progressing presentation of portable ocular ultrasound devices with development highlights at affordable valuing, and improving standard of human services the world over are relied upon to help development of this segment. With intense interest for portable devices, real players are offering trade offers on standalone devices, boosting segment development. Subsequently, this segment is relied upon to show quickest development during the gauge time frame.

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Key Market Trends | Growth | Share | Sale | Revenue | Manufactures | Technology Component

3D and 4D ultrasound imaging is the segment under technology that expected to grow fastest during the forecast period

3D and 4D ultrasound imaging take images at various angles, as compared to a single angle by 2D ultrasound. 4D ultrasound has added advantages of visualization and motion. It is widely used for abdominal applications, including the detection of abnormal fetus development, visualization of colon and rectum, detection of cancerous and benign tumors of prostate glands, and breast lesions, along with the flow of blood in various organs or a fetus. These ultrasounds are likely to experience a substantial growth in the coming years, with the higher adoption of technologically advanced devices for better clinical decisions. Additionally, this segment is anticipated to gain more share and emerge as the fastest-growing segment during the forecast period. The 3D and 4D ultrasound imaging segment is expected to witness a CAGR of 4.27% over the forecast period.

The Doppler imaging ultrasound technique is widely adopted, due to its advancements, and is used to estimate the blood flow through blood vessels by high-frequency sound waves. 

Asia-Pacific holds the largest market share of the market and is expected to follow the same trend over the forecast period

The Asia-Pacific region is expected to witness higher growth, due to the government and private funding for R&D and increase in the number of healthcare providers. The ultrasound devices market in Asia-Pacific is anticipated to expand, due to the increase in awareness about ultrasound devices for diagnostic and therapeutic applications. Moreover, the expansion of the healthcare sector in countries, such as China, Japan, and India, offers immense potential in this region. The growing aging population in Japan and China and technological advancements, like portability and 3D ultrasound attached to smart devices, have further fueled the growth of the market.

In light of end use, the global ophthalmic ultrasound gadget market is segmented into hospitals, ambulatory surgical centers, and ophthalmic facilities. Emergency clinic segment represented the biggest offer in 2018. Great government approaches for improvement of eye care offices in various geologies is one of the central point that can be inferable from this offer. Huge patient pool, accessibility of development innovation, and ideal government projects are the variables driving segment development.

Developing number of ophthalmologists in creating nations is relied upon to significantly affect development, with resultant increment in number of ophthalmic centers. Increment in simplicity of working together and good government activities in nations, for example, India, Netherlands, Thailand, Philippines, and China are relied upon to fuel segment development during the estimate time frame.
The ocular ultrasound devices market is segmented dependent on item type into A-filter, B-examine, combined, pachymeter, and ultrasound bio microscope. The An examine segment held the biggest offer in 2018. High use of A-filter devices for preoperative representation of confined retina in conditions, for example, vitreous hemorrhage, periodontal injury, or lens opacification is one of the main considerations driving development. An examines have huge advantages in cataract medical procedures. The segment is relied upon to show worthwhile development in the coming years.

Mix devices segment is required to develop at quickest rate during the estimate time frame. Improving reach of these compact, affordable, lightweight, and multi functional devices is relied upon to fuel segment development. Expanding number of nearby makers in creating nations, for example, India, China, and South Korea, is relied upon to have a huge high sway on segment development in the global market. Neighborhood makers give propelled items at aggressive costs on a global stage. This is relied upon to bring about different vital activities by significant players to hold their market position.
North America commanded the ophthalmic ultrasound devices market infer able from intense interest for indicatively propelled therapeutic instruments, for example, An examine, B-filter, and combined devices, to a great extent because of expanding commonness of diabetes in the district. Moreover, nearness of an enormous number of global players and providers likewise can be credited to the biggest offer.

Europe represented the second biggest offer in the market in 2018. Existences of countless ophthalmology social orders, for example, European Society of Ophthalmology (ESC) and European Society of Cataract and Refractive Surgeons with a target of advancing the investigation and routine with regards to present day ophthalmology is one of the real drivers. ESC, as a piece of their yearly exercises, will lead an occasion for "ophthalmic imaging from hypothesis to current practice congress" in Oct 2019 at Paris, helping segment development.

Asia Pacific is additionally foreseen to develop at huge CAGR over the conjecture time frame, because of high neglected needs and creating social insurance foundation, particularly in India and China. Besides, nearness of neighborhood makers and providers and ascend in pervasiveness of ophthalmic issue are relied upon to help development of the area.

A portion of the main players are Halma plc; NIDEK CO. LTD.; Quantel Medical; Optos: Escalon Medical Corp; Appasamy Associates; MicroMedical Devices; DGH Technology; Ellex; and Carl Zeiss Meditec. These players are concentrating on different development procedures, for example, visit item dispatches, advancements in existing items, and mergers and acquisitions. For example, in March 2019, Quantel Medical got U.S.FDA endorsement for its item ABSolu that gives A/B/S/UBM ultrasound innovation with excellent picture quality in one gadget.

Competitive Landscape

The public and private companies are found investing in R&D of advanced innovative technologies in the field of ultrasound imaging, as it is becoming one of the fundamental aspects of healthcare. Some of the major companies invested in ultrasound devices are Philips, Siemens, SonoSite Inc., and Clarius. Their updated technological portable devices are praised globally and these companies have wide presence across the developed and emerging markets.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics Supply and demand
Market size Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

Available Customizations:

With the given market data, We offers customization as per the company's specific needs. The following customization options are available for the report:

Product Analysis: Product matrix, which gives a detailed comparison of the product portfolios of each company
Geographic Analysis: Further breakdown of the European, Asia Pacific, and the Rest of the World segments into their respective countries for this market
Company Information: Detailed analysis and profiling of additional market players (up to 5)
Volume Data: Customization options for volume data (number of units sold) and customization options for volume data (number of tests)
Opportunities Assessment: A detailed report underlining the various growth opportunities presented in the market

 The report includes six parts, dealing with:
1.) Basic Information
2.) The Asia Ophthalmic Ultrasound Devices Speaker Market
3.) The North American Ophthalmic Ultrasound Devices Speaker Market
4.) The European Ophthalmic Ultrasound Devices Speaker Market
5.) Market Entry And Investment Feasibility
6.) The Report Conclusion

 

Table of Content: Ophthalmic Ultrasound Devices Market 2026

1 Study Coverage

2 Executive Summary 

3 Breakdown Data by Manufacturers 

4 Breakdown Data by Type 

5 Breakdown Data by Application 

…

11 Company Profiles 

12 Future Forecast 

13 Market Opportunities, Challenges, Risks and Influences Factors Analysis 

14 Value Chain and Sales Channels Analysis 

15 Research Findings and Conclusion

16 Appendix 

Continued …

The key insights of The Report Research:

1.The report Research provides key statistics on the market status of the Ophthalmic Ultrasound Devices manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report Research provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report Research presents the company profile, product specifications, capacity, production value, and 2018-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report Research estimates 2018-2026 market development trends of Ophthalmic Ultrasound Devices industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report Research makes some important proposals for a new project of Ophthalmic Ultrasound Devices Industry before evaluating its feasibility.

Reasons to Purchase this Report:

* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.

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