openPR Logo
Press release

Ophthalmic Ultrasound Systems Market to Rise with a Strong CAGR of 6.1% by 2024

09-05-2018 08:25 AM CET | Health & Medicine

Press release from: Transparency Market Research

Ophthalmic Ultrasound Systems Market to Rise with a Strong CAGR

As per the new research report released by Transparency Market Research, the global ophthalmic ultrasound systems market is largely consolidated with the presence of many small scale and large companies. However, the global ophthalmic ultrasound systems market is dominated by top seven companies, accounting for more than 90 percent of the market share.

Market players such as Nidek Co. Ltd., Ellex Medical Lasers Ltd., Quantel Medical, Optos Plc and Halma Plc dominated the market. NIdek Co. Ltd. accounted for a significant share of 18 percent of the global ophthalmic ultrasound systems market in 2015. The company dominated the market due to its diversified product portfolio, extensive geographical presence and acquisition strategies. Quantel Medical, Optos Plc and Halma Plc are among the leading top five companies in the market due to the expansion of ophthalmic production units and also innovation in designing ultrasound devices.

Obtain Report Details @ https://www.transparencymarketresearch.com/ophthalmic-ultrasound-systems-market.html

As per the numbers available in the report, the global ophthalmic ultrasound system market was valued at US$ 2,657.9 Mn in 2017 and is anticipated to reach a valuation of US$ 4,031.2 Mn in 2024 end, reflecting a CAGR of 6.1% during the period of assessment.

Advent of Novel Ophthalmic Technologies Boosting the Market Growth

Novel technological platforms render enhanced imaging reliability, accuracy, safety and minimal post-operative pain with the adoption of minimally invasive surgeries. Most of the manufacturers are investing heavily on the development of novel diagnostic and surgical platforms in order to cater to the need and demand for patients. Hence, the technological advancements and ongoing research studies ensure regular technological breakthroughs. This results in enhanced growth and acceptance of several ophthalmology devices. This in turn is boosting the global ophthalmic ultrasound systems market.

Request for Sample Copy of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6583

Restraints Hindering the Growth of Global Ophthalmic Ultrasound Systems Market

The demand for efficient diagnostic devices is increasing owing to rapid technological advancements. Several device manufacturers are investing heavily in research and development activities in order to develop novel diagnostic and surgical platforms, due to which the cost of such devices is high. There has been an increase in requirements for the approval of regulatory authorities such as the U.S. Food and Drug Administration (FDA), European CE Mark, and Japanese authorities. This has collectively led to higher pricing of the newly developed medical devices. The primary customers of such devices such as hospitals and commercial diagnostic laboratories and research are adversely affected due to the high price of such kind of devices. This acts as a huge restraint in the growth of the global ophthalmic ultrasound systems market.

Request Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=6583

According to the International Council of Ophthalmology (ICO), there is a dearth of specialized ophthalmologists in developing countries such as India, China and Malaysia as compared to developed countries. The growing demand for eye care services may highlight the shortage of ophthalmologists. According to the National Institute on Aging (NIA), one out of every five Americans, which translates into approximately 72 million people are estimated to be 65 years or older, by the year 2030. Hence, the total number of patients requiring ophthalmic services is projected to rise, which could lead to a shortage of ophthalmology practitioners in the near future. This also acts as a restraint to the growth of the global ophthalmic ultrasound systems market.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact Us

Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ophthalmic Ultrasound Systems Market to Rise with a Strong CAGR of 6.1% by 2024 here

News-ID: 1220491 • Views: 326

More Releases from Transparency Market Research

Endoscopy Repair MarketSet for Rapid Growth and Trend, by 2025
Global Endoscope Repair Market: Overview An endoscope is an instrument used to view any internal cavity of the human body. Endoscopes are inserted into the body via one of many natural orifices. A high resolution camera at the end of inert tubing allows visualization of the body from inside and makes clinical decision making easier. Endoscopes are made of inert material like polyurethane which resists corrosion from bodily fluids and is
Nasal Oxygen Cannula Marketto Set Phenomenal Growth by 2026
Global Nasal Oxygen Cannula Market: Overview A cannula is any tube inserted into the body. A nasal cannula is an oxygen conduit used to deliver high concentrations of oxygen to patients through the nose. Traditionally made of rubber, current versions are made of plastic and can be connected to any oxygen supply by a pliable universal connector. This allows easy adaptability of this product to any setting, for in patient or
Medically Supervised Weight Loss Service MarketShares, Strategies, and Forecasts …
Global Medically Supervised Weight Loss Service Market: Overview Obesity has reached concerning levels around the world, with an increasing number of people tipping the scales. 69% of Americans are estimated to be overweight or obese at this point in time. Excess weight is increasingly linked with a number of chronic diseases that figure as the top causes of mortality worldwide. Also, popular human aesthetics are pushing people towards a fitter body
Bone Conduction Hearing Devices Market: Business Overview and Global Development …
Global Bone Conduction Hearing Devices Market: Snapshot Growing instances of hearing issues among older population is working as a driving factor for the growth of the global bone conduction hearing devices market. Bone conduction hearing devices are gaining popularity in all worldwide populace owing to their ability to work as a substitute to conventional hearing devices. These devices are used by people who are suffering from hearing issues related to miss

All 5 Releases


More Releases for Mark

Impressionist landscape artist - Mark Briscoe
I am Mark Briscoe, Bristish artist well established in the field of Chinoiserie furniture decoration and restoration of antique lacquer. But the techniques for fine art easel painting in the wonderful manner of the old masters is something which I have been exploring in great earnest over the last two years as a long cherished desire. And while I cannot claim to have come anywhere near their heights, I have
Intellias Reaches 1000-Employee Mark
On June 4, 2018, Intellias welcomed its 1000th employee. The company is proud to reach such a high bar and sees this number as a new starting point to reaching 2000 people onboard and landing in the top 10 Ukrainian IT companies by headcount. As of today, Intellias has three development centers in Lviv, Kyiv, and Odessa as well as a representative office in Berlin. The 1000th employee will join
Mark de Clive-Lowe
On Thursday, May 3rd, 2012 internationally known musician Mark de Clive-Lowe (MdCL), will take the stage at The Beehive, located in Boston, MA, for a special performance of his revolutionary sound. Be there from 9:30PM to 1:00AM as MdCL plays impromptu remixes created from scratch, on the spot using drum machines, keyboards and special effects. He will start with a jazz-oriented set and crank up the intensity with his signature
Trade Mark Act
Neoinfo Solutions Pvt. LTD is an IT based company with its main office located in Jaipur(rajasthan). Our expertise lies in the domain of Website Designing development portal development,maintenance software consulting, designing development , implimentation, training and maitenance.In the journey of achieving our combined business and social goals we have kept in mind and have always strictly followed all our data security policies to ensure that all informations of our clients
Trade mark Act
Neoinfo Solutions Pvt. LTD is an IT based company with its main office located in Jaipur(rajasthan). Our expertise lies in the domain of Website Designing development portal development,maintenance software consulting, designing development , implimentation, training and maitenance.In the journey of achieving our combined business and social goals we have kept in mind and have always strictly followed all our data security policies to ensure that all informations of our clients
Facebook Dumps Mark Zuckerberg
INDIANAPOLIS—Facebook pulled the plug on Indiana bankruptcy attorney Mark Zuckerberg’s internet Facebook account on Monday, citing false identity as the reason. Obviously, Indianapolis attorney Mark S. Zuckerberg has the same name as Facebook founder Mark S. Zuckerberg, but you would expect Facebook, the internet social-media giant, to have the capability to accommodate two or more people with the same names. Attorney Mark Zuckerberg said, “I was originally denied an account with