Ultrasound Biometry Devices Market

Ultrasound Biometry Devices Market : Global Industry Analysis 2015-2019 and Opportunity Assessment 2020-2030

Market Overview

Ultrasound biometry device is an invasive procedure. Ultrasound biometry devices is a routine diagnostic test used in sonography and essential for accurate outcomes in cataract and refractive surgeries. Moreover, these procedures are gaining significant demand in the global market. The most accurate form of ultrasound-based measurement of axial length is a vector A and B scan. A-scan ultrasound biometry is commonly used by optometrists and ophthalmologists for cataract surgery, which is expected to increase the demand for ultrasound biometry devices market. The major use of A-scan ultrasound biometry is to determine the ultrasound characteristics of masses in the eye and the size. The World Health Organization (WHO) reported that in 2017, 5.1 million cataract operations occurred in the European Union Member States.

Ultrasound Biometry Devices Market: Drivers and Restraint

Increasing prevalence of targeted diseases and cataract among geriatric population are one of the key factors which will propel the growth of the ultrasound biometry devices market during the forecast period. Furthermore, rising patient preference for minimally invasive procedure is one of the factor which is expected to drive the growth of ultrasound biometry devices market. Increasing number of public-private investment, funding and grants is anticipated to increase the demand of ultrasound biometry devices.

Optical Biometry Devices is widely used as it is non-invasive, comfortable and easy to perform and this is anticipated to impede the growth of ultrasound biometry devices market. However, the use of anesthetics which can be uncomfortable for the patients will also hamper the growth of ultrasound biometry devices market.

Ultrasound Biometry Devices Market: Overview

The Ultrasound Biometry Devices market is estimated to grow steady growth over forecast years owing to high industry research and technical advancement in ultrasound biometry product developments. On the basis of probes, ultrasound biometry devices market is expected to be dominated by A-scans ultrasound, which is a routine diagnostic test commonly used by optometrists and ophthalmologists. In addition, diagnostic ultrasound segment can be attributed to the significant usage of diagnostic ultrasound (2D ultrasound) in women’s health, availability of medical reimbursements for diagnostic ultrasound procedures which is also expected to show significant growth owing to technical advancements in ultrasound biometry devices market. Factors such as the rising incidence of various cancers across major countries due to which radiology applications segment is expected to hold the large share of the ultrasound biometry devices market. Based on the end-user, hospitals segments is expected to increase the ultrasound biometry devices market throughout the forecast period owing to the increasing usage of ultrasound in cancer diagnosis and tissue biopsy contributing to rising adoption of next-generation ultrasound biometry devices market.       

Ultrasound Biometry Devices Market: Region- wise outlook

North America is the most lucrative region for ultrasound biometry devices market due to rising spending on healthcare, increasing sedentary lifestyle and associated diseases, and expansions in the clinical applications of focused ultrasound. After North America, ultrasound biometry devices market is then followed by Europe and East Asia. Large number of ongoing clinical research projects in the field of ultrasound in European countries will boost up the revenue growth of ultrasound biometry devices market. Asia-Pacific would register the fastest market growth due to the growing ageing population, increasing awareness about technologies, and developing healthcare infrastructure.

Ultrasound Biometry Devices Market: Key Players

The ultrasound biometry devices market is a highly fragmented market that includes a number of small players. Some of the key Players for Ultrasound biometry devices market include General Electric, Philips, Siemens, TOSHIBA, Hitachi Medical, Mindray, Sonosite (FUJIFILM), Esaote, Samsung Medison and Konica Minolta Most manufacturers are focused on development of new and innovative products to increase their market share. These companies are also focused towards building a strong distribution network through partnership to increase their geographical presence.

Ultrasound biometry devices market provides analysis and information according to market segments such as geographies, product type, and industry. The research report on the subdermal contraceptive implant market provides facts, thoughtful insight and market-validated data.

The report covers exhaust analysis on Ultrasound Biometry Devices Market:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Report on Ultrasound Biometry Devices Market includes regional analysis:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Europe (Germany, Italy, France, U.K, Spain, , Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, ASEAN)
  • Oceania (Australia, New Zealand)
  • Middle East and Africa (GCC Countries, South Africa, Northern Africa)

The report on ultrasound biometry devices market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Ultrasound Biometry Devices Market: segmentation

Globally, the Ultrasound Biometry Devices market is segmented on the basis of product type, end users and region.

On the basis of Product Type, Ultrasound Biometry Devices market can be segmented as:

  • Diagnostic Ultrasound 
  • Therapeutic Ultrasound

On the basis of Portability, Ultrasound Biometry Devices market can be segmented as:

  • Fixed
  • Mobile

On the basis of Ultrasound Probes, Ultrasound Biometry Devices market is segmented as:

  • A Scan
  • B Scan

Based on Application, Ultrasound Biometry Devices Market is segmented as below:

  • Radiology
  • Gynecology
  • Cardiologic
  • Urological 
  • Others

On the basis of End-User, Ultrasound Biometry Devices market can be segmented as:

  • Hospitals
  • Diagnostic Centers
  • Maternity Centers
  • Ambulatory Surgical Centers

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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Ultrasound Biometry Devices Market