Global Ophthalmic Ultrasound Imaging System Market to Grow AT A CAGR OF 8.4% During The Forecast Period

The global ophthalmic ultrasound imaging system market was nearly USD 3,953.2 million in 2021 and is anticipated to reach around USD 6,014.21 million by 2028, with a compound annual growth rate (CAGR) of around 8.4 percent over the forecast period

Ultrasound is the technique of using sound waves generated at high frequencies which are undetectable by the human ear and converting them into digital images for medical purposes. Any ultrasound device has 3 main components: a transducer, a CPU connected to a display, and a keyboard or printer. Ophthalmology refers to the branch of medicine that deals with eye-related disorders.

Ophthalmic ultrasound imaging systems used ultrasound technology in the treatment of ophthalmic diseases like cataracts, glaucoma, amblyopia, strabismus, etc.

The global ophthalmic ultrasound imaging system market was negatively impacted by Covid-19 due to restrictions laid down by the governments. Patients showed slight hesitancy in visiting ophthalmic facilities even when the restrictions were lifted because of the contagious nature of Covid-19 and to maintain social distancing. However, post mass vaccination drives, the global market picked up the pace and is expected to grow significantly during the projection period.

There is growing awareness amongst the general population about eye health. This includes annual eye-checkups by personal initiates or in many cases mass eye-checkups conducted by organizations for their employees. This is expected to assist the global market growth. As per reports submitted by the National Eye Institute, around 40M of the population in the USA is expected to suffer from cataracts.

The rest of the world is also witnessing a rise in cataract operations conducted daily. Along with cataracts, there is a growth in other eye-related diseases like glaucoma, neoplasms, and ciliary body cysts. The growing number of surgical eye operations will propel the global ophthalmic ultrasound imaging system market growth. Rapid industrialization and urbanization have led to an increase in the global pollution score. The harmful pollution-led gases have significant ill-effects on the eyes like itchiness, regular water discharge from the eyes, and redness around the eyes, to name a few.

This coupled with the increase in the elderly population who are more prone to suffer from eye disorders will contribute to the global market growth. There is a rise in the number of diabetic patients who suffer from diabetic retinopathy. As per reports, 1 out of 3 patients is likely to suffer from diabetes-related eye disorder which will aid the global market expansion in the coming years.

The global market may be hampered by the increase in the adoption of alternative diagnostic tools. An increase in clinical applications and advancing technologies is expected to create growth opportunities in the global market growth whereas low adoption of ophthalmic ultrasound imaging systems in underdeveloped countries may be a challenge for the global market rise.

The global ophthalmic ultrasound imaging systems market is divided based on mobility, product, end-use, and region. Based on mobility, the global market is categorized into portable and standalone. The product segment is classified into the combined scan, A-scan, B-scan, Ultrasound Biomicroscopy (UBM), and pachymeter. The end-use segment is characterized by ambulatory surgical centers, hospitals, ophthalmic clinics, and others.

The global ophthalmic ultrasound imaging systems market is expected to be dominated by North America during the projection period because of rising awareness amongst the general population regarding eye health. Rising number of diabetic patients because of unhealthy eating habits and high obesity index is expected to contribute to the regional market growth. The region is also known for its excellent healthcare infrastructure and medical reimbursement policies which will aid the regional market revenue.

Europe may register a high CAGR during the forecast period because of the rise in the geriatric population along with high expenditure on the adoption of modern ophthalmology techniques in the region.

Asia Pacific is expected to grow significantly during the forecast period because of the availability of affordable ophthalmic facilities in the region. Cataract is one of the most prevalent eye diseases in Asia Pacific and the number of medical facilities offering cataract-related solutions is also very high which is expected to assist the regional market growth during the forecast period.

Escalon Medical Corp, Optos, Quantel Medical, NIDEK CO. Ltd., Halma plc, Carl Zeiss Meditech, Ellex, MicroMedical Devices, and Appasamy Associates are some of the major players that are operating in the global ophthalmic ultrasound imaging systems market.

Recent Developments:

• In April 2022, Quantel Medical introduced two new diagnostic ultrasound probes to their Aviso™ platform, which is their premier ultrasound platform. The novel probes enhance the diagnosis of ocular disorders in the posterior and anterior segments.

Browse the full “Ophthalmic Ultrasound Imaging System Market By Mobility (Portable And Standalone), By Product (Combined Scan, A-Scan, B-Scan, Ultrasound Biomicroscopy (UBM), And Pachymeter), By End-Use (Ambulatory Surgical Centers, Hospitals, Ophthalmic Clinics, And Others), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/ophthalmic-ultrasound-imaging-systems-market

Global ophthalmic ultrasound imaging system market is segmented as follows:

By Mobility

• Portable
• Standalone

By Product

• Combined Scan
• A-Scan
• B-Scan
• Ultrasound Bio-microscopy (UBM)
• Pachymeter

By End-Use

• Ambulatory Surgical Centers
• Hospitals
• Ophthalmic Clinics
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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