By Value, The Global Ophthalmic Ultrasound Device Market Is Expected To Reach Us$2.51 Bn By The End Of 2016.

The market’s competitive landscape is highly consolidated and there is a likelihood of an increase in player count till 2024., the overall count of new entrants to the global ophthalmic ultrasound device market is also expected to be stifled by aggressive expansion by key players and the higher brand value they hold in core regions of the market. By value, the global ophthalmic ultrasound device market is expected to reach US$2.51 bn by the end of 2016. Within 2016 and 2024, this market’s revenue is expected to expand at a CAGR of 6.1%, reaching US$4.03 bn by the end of 2024. To view the report content in detail, Download PDF Sample on the below link: Rise in Geriatric Demographic Pushes for Developments in Ophthalmic Ultrasound Devices “The globally increasing population of the elderly is currently a key driver for a lot of healthcare related markets due to their lower physical resistance and higher susceptibility of contracting age-related or chronic illnesses. This includes a string of ocular disorders and has therefore already become a prime driver for the global ophthalmic ultrasound device market. This factor is expected to continue driving the market over the coming years,” states a TMR analyst. As published by the WHO, the global population of the elderly is expected to reach close to 1.5 bn by the end of 2050 and is thus a high priority status indicator for the developments in the global ophthalmic ultrasound device market. Other factors augmenting the global ophthalmic ultrasound device market include the incoming waves of innovations in these devices that will allow enhanced imaging, thanks to better standards of safety, reliability, accuracy, and most importantly, minimization of post-operative pain.

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