The global Ophthalmic Ultrasound Systems market garnered revenue around USD 2.91 Billion in 2019 and projected to reach USD 4.47 Billion in 2027, with at a compound annual growth rate (CAGR) 5.2 % throughout the estimate period from 2020 to 2027.
Ultrasound devices are precisely utilized as a diagnostic device tool for ophthalmic treatment procedure. Ultrasonography can be made by either A-scan, B-scan or combined scan, such as A/B-scan, A-scan, and pachymeter. B-scan offers two-dimensional cross-sectional view of the eye as well as the orbit, while A B-scan is used on the closed eyelid to view the eye. Diagnostic tools are helpful when there is difficulty in examining the eye normally.
The world is currently experiencing the pandemic of an infectious disease called COVID-19. Small practices have completely shut down, the larger ones are catering to emergencies as of now. This in turn to have a significant impact in ophthalmology. After COVID 19 outbreak ophthalmologist would start practicing again to address the pending and new cases, resulting in very low turnaround for patients for selective surgeries
North America dominate the global ophthalmic ultrasound systems market in 2018 and the trend is anticipated to continue during the forecast period. Well established healthcare infrastructure, early adoption of technologically advanced products and high demand for radiation-free ultrasound and new technologies from ophthalmologists are the factors anticipated to drive the growth of ophthalmic ultrasound system market in the region
Asia Pacific is likely to be a highly lucrative market for the ophthalmic ultrasound system market and it is expected to expand at a high CAGR during the forecast period.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Ophthalmic Ultrasound Systems market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Ophthalmic Ultrasound Systems market growth.
The global Ophthalmic Ultrasound Systems market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
Key players in the global ophthalmic ultrasound system market include 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 and Micro Medical Devices, Inc.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope: