The report encompasses the forecast as well as analysis of the ophthalmic ultrasound device market on a global and regional level. The study displays historical data of 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million). Additionally, the market growth drivers, opportunities, limitations, and trends are also included in the ophthalmic ultrasound device market report.
We have included industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the ophthalmic ultrasound device market in our study.
Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies used by market competitors. It also encompasses PESTLE analysis and SWOT analysis of players.
The report also offers an in-depth analysis of the market share of each industry player and gives an outline of the market position of key players in the ophthalmic ultrasound device market. Moreover, the study offers wide coverage of key strategic improvements witnessed in the market such as acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, R&D activities, and geographical expansion of key players of the ophthalmic ultrasound device market.
The study provides a decisive view of the ophthalmic ultrasound device market by segmenting the market based on type, modality, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2020 to 2026. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The demand for advanced eye care is growing at a rapid pace. According to WHO, the number of people suffering from diabetes has substantially increased to 422 million in 2014 from 108 million in 1980. Diabetic retinopathy is seen in every one out of three patients, and thus this constant rise in diabetes patients is fueling the market growth. Consistent rise in supportive government initiatives to improve access to cataract treatment in rural areas of developing countries is anticipated to witness healthy growth during the forecast period. However, stringent government norms specified for the healthcare sector coupled with high prices of the services are the factors hindering the market growth.
A-Scan, pachymetry, combined scan, B-Scan, and others are the type based segmentation of the ophthalmic ultrasound device market. A-Scan and B-Scan hold the maximum revenue and volume share during the analysis period. The modality segment is bifurcated into standalone and portable, of which standalone segment holds for maximum share in terms of revenue and sales. The application segment is further categorized into eye research institutes, hospitals, ambulatory surgical centers, and others. Hospitals segment dominated the market owing to the presence of large patient pool and growing adoption of technologically advanced new products to provide the best in class services to patients. Europe, North America, Asia Pacific, Latin America, and Middle-East and Africa are the regional segmentation of the global ophthalmic ultrasound device market. The U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Brazil, and Argentina are the major countries included in the research report.
Key players operating in the ophthalmic ultrasound device industry are NIDEK CO., LTD., Ellex Medical Lasers Limited, MEDA Co., Ltd., Halma Plc., Sonomed Escalon, Quantel Medical, and Tianjin Suowei Electronic Technology Co., Ltd.
Key Insights from Primary Research
Key Recommendations from Analysts
Market Share Analysis By Commercial Product Types
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