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According to a new report published by Grand View Research, Inc., the global ophthalmic ultrasound devices market is projected to reach a market value of USD 875.3 million by 2030. The market is expected to grow at a compound annual growth rate (CAGR) of 5.7% over the forecast period. Several key factors are expected to drive this growth, including the increasing incidence of diabetes, which is a major underlying cause of many vision-related conditions. In addition, the rising prevalence of ophthalmic disorders—notably cataracts and proliferative diabetic retinopathy—is creating a strong demand for advanced diagnostic tools.
Growing public awareness about the benefits and availability of cataract surgeries, coupled with the introduction of technologically advanced ophthalmic ultrasound systems, is further propelling market expansion. These innovations not only enhance diagnostic accuracy but also streamline the surgical planning process, making procedures safer and more effective for patients.
The increasing burden of complex eye diseases, such as retinal detachment and cataract-related complications, is reinforcing the need for efficient, high-resolution imaging solutions in ophthalmology. This has led to a rising demand for sophisticated ultrasound equipment that can support early diagnosis and precision in surgical interventions. Furthermore, the market is expected to benefit from a continuous stream of new product launches and technological upgrades, which are expected to further improve functionality and imaging quality.
As next-generation ultrasound devices with integrated scanning features become more common, they are expected to gradually replace conventional imaging systems currently in use. In addition, the growing presence of non-profit and privately operated Ambulatory Surgical Centers (ASCs), as well as specialized ophthalmic clinics, particularly in developing regions, is likely to contribute significantly to the global market's expansion by enhancing accessibility and affordability of eye care.
The industry is also seeing a notable rise in strategic initiatives from leading market players. These include the launch of cost-effective, technologically advanced, and integrated ultrasound devices, aimed at capturing a larger market share. Alongside these efforts, the formation of supportive government and non-government programs, as well as the involvement of professional ophthalmology societies, are playing a pivotal role in promoting vision health and expanding access to diagnostic technologies—further bolstering market growth during the forecast period.
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Ophthalmic Ultrasound Devices Market Report Highlights:
• Product Segment – A-scan: The A-scan ultrasound segment emerged as the largest revenue contributor in 2023, and it is projected to grow at a strong CAGR over the forecast period. The growing demand for A-scan devices is driven by their critical role in cataract surgery, where they provide precise measurements for intraocular lens (IOL) power calculations.
• Product Type – Portable Ultrasound Devices: Portable ophthalmic ultrasound devices are expected to register the fastest growth rate during the forecast period. Their compact design, ease of use, and increasing adoption in outpatient settings make them a popular choice for clinicians and specialists.
• End-Use Segment – Hospitals: The hospital segment accounted for the largest revenue share in 2023. This can be attributed to the large patient volume, as well as frequent government funding and initiatives aimed at enhancing hospital-based eye care infrastructure.
• Regional Insights – North America: In 2023, North America led the global market, largely due to the presence of major manufacturers and suppliers specializing in advanced ophthalmic imaging technologies. In addition, the high prevalence of ophthalmic disorders in the region continues to drive demand for modern diagnostic equipment.
• Regional Outlook – Asia Pacific: The Asia Pacific region is anticipated to record the fastest CAGR during the forecast period, supported by improving healthcare infrastructure, rising healthcare investments, and the rapid economic growth of countries across the region, which is boosting access to quality ophthalmic care.
• Research & Development Focus: Leading players in the market are placing a strong emphasis on research and development, aiming to create next-generation ultrasound systems with enhanced image resolution, greater data storage capabilities, and improved user interface software, thereby offering more efficient and user-friendly diagnostic solutions.
Ophthalmic Ultrasound Devices Market Segmentation
Grand View Research has segmented the global ophthalmic ultrasound devices market on the basis of product, application, end-use, and region:
Ophthalmic Ultrasound Devices Product Outlook (Revenue, USD Million, 2018 - 2030)
• A-scan
• B-scan
• Combined
• Pachymeter
• Ultrasound Bio Microscope
Ophthalmic Ultrasound Devices Application Outlook (Revenue, USD Million, 2018 - 2030)
• Standalone
• Portable
Ophthalmic Ultrasound Devices End-use Outlook (Revenue, USD Million, 2018 - 2030)
• Hospitals
• Ambulatory Surgical Centre
• Ophthalmic Clinic
• Others
Ophthalmic Ultrasound Devices Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Denmark
o Sweden
o Norway
• Asia Pacific
o Japan
o China
o India
o Australia
o South Korea
o Thailand
• Latin America
o Brazil
o Argentina
• MEA
o South Africa
o Saudi Arabia
o UAE
o Kuwait
List Of Key Players in the Ophthalmic Ultrasound Devices Market
• Optos.
• NIDEK CO. Ltd.
• Appasamy Associates
• MicroMedical Devices
• Halma plc
• DGH Technology
• Quantel Medical
• Escalon Medical Corp
• Ellex
• Carl Zeiss Meditech AG
• MEDA Co., Ltd.
• Sonogage, Inc.
• Insight Instruments, Inc.
• MicroSurgical Technology (MST)
• EyeKon Medical, Inc.
Order a free sample PDF of the Ophthalmic Ultrasound Devices Market Intelligence Study, published by Grand View Research.
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