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Ophthalmic Ultrasound Systems Market to Attain a Value of US$ 4,031.2 Mn by 2024

by poojam · September 26, 2018


As per the new research report released by Transparency Market Research Cheap NHL Jerseys Wholesale , 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. Cheap NHL Jerseys , 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 Cheap Jerseys Wholesale , 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.


As per the numbers available in the report, the global ophthalmic ultrasound system market was valued at US$ 2 Cheap Jerseys From China ,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.


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Advent of Novel Ophthalmic Technologies Boosting the Market Growth


Novel technological platforms render enhanced imaging reliability Cheap Jerseys China , 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.


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 Cheap Jerseys , 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. Cheap Jerseys China Cheap Jerseys From China Cheap Jerseys Online Cheap Jerseys China Cheap Jerseys Wholesale Cheap Jerseys Wholesale Cheap NFL Jerseys China Cheap NBA Jerseys China Cheap NFL Jerseys Wholesale NFL Jerseys Cheap