Ophthalmic Ultrasound Systems Market - By Product (A-scan, B-scan, Combined Scanning Devices, Pachymeter, Ultrasound Bio Microscope), By Mobility (Standalone, Portable), By End-use (Hospitals, Ambulatory Surgical Centre, Ophthalmic Clinic, Others) – Global Forecast to 2032
Published Date: August - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationOphthalmic Ultrasound Systems Market Size
Ophthalmic Ultrasound Systems Market size was valued at over USD 825 million in 2022 and is projected to register over 5.1% CAGR between 2023 and 2032. Ophthalmic ultrasound systems, also known as ocular ultrasound systems or ophthalmic ultrasonography, are medical imaging devices used to obtain detailed images of the eye and its internal structures using ultrasound waves. Ophthalmic ultrasound systems are anticipated to grow in upcoming years owing to the rising prevalence of age-and lifestyle-related ocular diseases including diabetic retinopathy in both developed and emerging nations.
Additionally, the market for ophthalmic ultrasound systems is anticipated to grow as a result of the rising prevalence of eye disorders caused by the ageing population base such as dry eye disease, near-vision impairment, among others. For instance, the World Health Organization (WHO) estimates that approximately 2.2 billion individuals globally suffer from near-vision impairment. The growing number of eye problems can be attributed to contemporary lifestyles characterized by an increase in screen time, protracted close-up work activities, and exposure to hazardous environmental elements including pollution and UV radiation.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Ophthalmic Ultrasound Systems Market Size in 2022 | USD 833.7 Million |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 5.1% |
| 2032 Value Projection | USD 1.3 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 195 |
| Tables, Charts & Figures | 262 |
| Segments covered | Product, Mobility, End-use, and Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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COVID-19 Impact
The COVID-19 pandemic has dealt a blow to the market for ophthalmic ultrasound machines. With people staying home, non-urgent eye exams and surgeries were canceled, and regular checkups were put on hold. This meant fewer people needed these ultrasound machines. On top of that, the pandemic disrupted the global supply chain, making it harder and more expensive to get medical equipment like ophthalmic ultrasound machines. But there's another factor at playCOVID-19 has pushed doctors to use telemedicine and other ways to care for patients remotely. This means patients can get some eye care services from home, using virtual appointments or special equipment that checks their eyes remotely. As a result, there's been a drop in the demand for ophthalmic ultrasound machines, since these services can often be done remotely instead. So, the pandemic has put a damper on the growth of the market for ophthalmic ultrasound systems.
Ophthalmic Ultrasound Systems Market Trends
Hey there! The field of eye imaging using sound waves, known as ophthalmic ultrasound, has been making some real strides lately. This is making these systems even more useful for doctors who specialize in eye care. With these new and improved tools, doctors can now get clearer and more detailed pictures of your eyes. This means they can spot any tiny changes or problems that might have been harder to see before. This improved accuracy helps them make better diagnoses and decide on the best treatment for you. Thanks to these advancements, ophthalmic ultrasound systems have become even more necessary in the fight against eye disorders. And since more people are getting these scans, the market for these systems is expected to keep growing in the coming years.
Ophthalmic Ultrasound Systems Market Analysis
When it comes to different types of eye ultrasound machines, we have A-scan, B-scan, combined ones, pachymeters, and ultrasound bio microscopes. Among them, A-scan machines have been the top earners, raking in over 260 million US dollars in 2022 alone. And it's only going to get better, with experts predicting that by 2032, A-scan will hit over 400 million US dollars. Why is A-scan so popular? Well, it's like a magical wand for eye surgeons. For example, if you've got a bloody mess in your eye from vitreous hemorrhage or traumatic injuries, or if your lens is cloudy, A-scan can help them see clearly. It gives them a detailed picture of your retina, so they know exactly how to fix it. And it's not just for emergencies. A-scan is also a rockstar in cataract surgeries. It measures the length of your eye, which is super important for choosing the right lens to replace your cloudy one. Not only that, A-scan uses fancy technology to make sure measurements are spot-on. It's like having a GPS for your eye surgery, ensuring everything goes smoothly.
When it comes to eye ultrasound machines, also known as ophthalmic ultrasound systems, there are two main typesthose that can be wheeled around like a mini fridge (standalone) and those that you can carry around like a laptop (portable). The standalone ones are currently the most popular, and they're expected to keep growing in popularity over the next decade. That's because they can show live images of your eye, especially with a type of ultrasound called B-scan. This helps eye doctors see how the different parts of your eye move and change over time. Plus, these standalone machines are usually built to be easy to move around, so eye doctors can use them in different places, like the operating room, the emergency room, or even in far-off places without easy access to medical equipment.
The market for ophthalmic ultrasound systems is divided into different groups based on who uses them. These groups include hospitals, surgery centers for outpatients, eye clinics, and others. Out of all these groups, hospitals lead the way in the global market. In 2022, they accounted for over 37% of the market. And it's estimated that by 2032, this segment will generate over USD 500 million in revenue. The main reason for this growth is the increasing number of people with eye problems. This has led to a rise in the use of diagnostic imaging systems, like ophthalmic ultrasound systems, to identify and treat these issues. Governments around the world are also playing a role by supporting the development of new eye care facilities. This is creating a larger pool of patients, access to better technology, and incentives from the government, which is expected to drive the growth of this market segment even further in the years to come.
In the US, the market for ultrasound devices used to examine the eyes was worth over $250 million in 2022. By 2032, it's expected to soar past $400 million. This growth is being fueled by the increasing demand for cutting-edge eye technology like A-scans, B-scans, and all-in-one devices. Another key factor driving this growth is the rising number of eye problems such as cataracts, glaucoma, retinal detachments, and eye tumors. As people get older, these conditions become more common, leading to a greater need for advanced diagnostic and imaging technology. This aging population is further boosting the demand for ophthalmic ultrasound systems.
Ophthalmic Ultrasound Systems Market Share
Some of the notable key industry players operating in the ophthalmic ultrasound systems industry include
- NIDEK CO., LTD
- Quantel Medical
- Optos
- Sonomed Escalon
- APPASAMY ASSOCIATES
- MicroMedical Devices
- DGH Technology, Inc
- Metrovision
- Carl Zeiss Meditec AG
- Alcon (Novartis)
- Halma
These market participants are implementing various growth strategies such as collaborations, partnerships, acquisitions & mergers, and new product development and launches to strengthen product offerings as well as gain a competitive edge over others.
Ophthalmic Ultrasound Systems Industry News
- In October 2022, Halma acquired IZI Medical Product for USD 145 million in order to increase its presence across a range of therapeutic and diagnostic procedures. Such acquisitions will help market players to strengthen its product portfolio and market position.
Ophthalmic ultrasound systems market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments
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By Product
- A-scan
- B-scan
- Combined scanning devices
- Ultrasound bio microscope
- Pachymeter
By Mobility
- Standalone
- Portable
By End-use
- Hospitals
- Ophthalmic clinic
- Ambulatory surgical center
- Others
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Poland
- Switzerland
- Norway
- Finland
- Sweden
- Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Indonesia
- Taiwan
- Vietnam
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- Israel
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