Global ultrasound biometry devices sales were valued at around US$ 167.1 Mn at the end of 2021. The market is projected to register 4.0% CAGR and top a valuation of US$ 257.1 Mn by 2032.
“Increasing prevalence of cataract and rising use of ultrasound biometry devices in the surgical procedures across the globe will set the tone for ultrasound biometry devices market growth.”
Ultrasound biometry devices are used to perform invasive surgical procedures. These devices are mandatorily used to perform cataract and refractive surgery. The vector A and B scan is the most precise ultrasound technique used for measuring axial length. In ophthalmology practices, A-scan is used for diagnostic testing. These devices can measure the length of the eye and be helpful in identifying common vision problems. A-scans are also very helpful for cataract procedures. A-scans are also used for eye mass diagnosis and measurement.
Optometric physicians and ophthalmologists frequently use A-scan ultrasound biometry devices for diagnosis and performing cataract surgeries, which is predicted to propel the demand for ultrasound biometry devices.
| Attributes | Details |
|---|---|
| Ultrasound Biometry Devices Market Value in 2021 | US$ 167.1 Million |
| Ultrasound Biometry Devices Market CAGR (2022 to 2032) | 4.0% |
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The key factor driving the growth of the ultrasound biometry devices market is the rising prevalence of cataracts. Also, the increasing prevalence of chronic diseases among geriatric people is predicted to show robust growth during the projected period. Cataract surgical procedures provide significant improvements among the patients’ life. There has been a rise in the number of cataract surgeries among the population in the age range of 50-90 years.
Also, the increase in the patient’s preference for the minimally invasive process and diagnosis of life-threatening diseases is one of the factors that is propelling the growth of the ultrasound biometry devices market.
The ultrasound biometry devices market is primarily dominated by North America owing to a rise in splash out on healthcare, increasing upgraded lifestyles, and evolution in the clinical applications of focused ultrasound devices. Following, North America, Europe and East Asia are anticipated to show gradual growth in the ultrasound biometry devices market.
In European countries, a large number of clinical research projects in the field of ultrasound are taking place. This will boost the revenue growth of the ultrasound biometry devices market. Asia-Pacific may register as the rapid growing market because of the growing geriatric population, increasing awareness about developed technologies, and improving healthcare infrastructure.
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Some of the key manufacturers operating in the ultrasound biometry devices industry are General Electric, Philips, Siemens, TOSHIBA, Hitachi Medical, Mindray, Sonosite (FUJIFILM), Esaote, Samsung Medison and Konica Minolta.
| Report Attributes | Details |
|---|---|
| Growth Rate | CAGR of 4.0% 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2012 to 2021 |
| Forecast Period | 2022 to 2032 |
| Qualitative Units | Revenue in USD Million, Volume in Units, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segment Covered | Product, Portability, Ultrasound Probes, Application, End User, Region |
| Region Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East & Africa |
| Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, China, Japan, South Korea, Malaysia, Singapore, Australia, New Zealand, GCC, South Africa, Israel |
| Key Players | General Electric; Koninklijke Philips N.V.; Siemens; TOSHIBA Pvt. Ltd.; Hitachi Medical (Hitachi, Ltd.); Shenzhen Mindray Bio-Medical Electronics Co., Ltd.; Sonosite (FUJIFILM); Esaote Spa; SAMSUNG HEALTHCARE; Konica Minolta |
| Customization | Available Upon Request |
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The global ultrasound biometry devices market is anticipated to register a CAGR of 4.0% during the forecast period.
The ultrasound biometry devices market is projected to be about US$ 257.1 Mn by the end of year 2032.
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Ultrasound Biometry Devices Market
