Ophthalmic Ultrasound Market
The market for Ophthalmic Ultrasound was estimated at $773 million in 2024; it is anticipated to increase to $1.23 billion by 2030, with projections indicating growth to around $1.82 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Ophthalmic Ultrasound Market Outlook
Revenue, 2024
$773M
Forecast, 2034
$1.69B
CAGR, 2025 - 2034
8.1%
The Ophthalmic Ultrasound industry revenue is expected to be around $836.0 million in 2025 and expected to showcase growth with 8.1% CAGR between 2025 and 2034. The significance of the Ophthalmic Ultrasound market is underscored by various key driving factors. The increasing prevalence of ocular diseases, advancements in technology, and the growing geriatric population are among the primary factors propelling the markets growth. The ongoing relevance of this industry is also attributed to the rising demand for non-invasive diagnostic procedures, which are safer and more efficient. The Ophthalmic Ultrasounds ability to provide detailed images of the eye and surrounding structures has made it an indispensable tool in the diagnosis and treatment of various ocular conditions.
The diagnostic imaging method of Ophthalmic Ultrasound generates eye internal structure images through high-frequency sound waves. The diagnostic tool helps doctors identify cataracts and glaucoma and retinal detachment and eye tumors. The technology provides high-resolution imaging and real-time visualization and accurate measurement of ocular structures.
Market Key Insights
- The Ophthalmic Ultrasound market is projected to grow from $773.4 million in 2024 to $1.69 billion in 2034. This represents a CAGR of 8.1%, reflecting rising demand across Diagnostic Procedures, Post-operative Evaluation and Pre-operative Assessment.
- Nidek Co. Ltd., Quantel Medical Inc., Ellex Medical Lasers Ltd. are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Ophthalmic Ultrasound market and are expected to observe the growth CAGR of 5.9% to 8.5% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 7.8% to 10.1%.
- Transition like Technological Advancements is expected to add $41 million to the Ophthalmic Ultrasound market growth by 2030.
- The Ophthalmic Ultrasound market is set to add $912 million between 2024 and 2034, with manufacturer targeting Glaucoma Detection & Retinal Disorders Clinical Applications projected to gain a larger market share.
- With Rising prevalence of ophthalmic disorders, and Technological advancements in ophthalmic ultrasound, Ophthalmic Ultrasound market to expand 118% between 2024 and 2034.
Opportunities in the Ophthalmic Ultrasound
The worldwide rise of eye disorders together with population aging creates a growing need for diagnostic tools such as ophthalmic ultrasound. The changing consumer requirements create a substantial market opportunity for manufacturers to create and sell sophisticated ophthalmic ultrasound devices that are also both user-friendly and efficient.
Growth Opportunities in North America and Asia-Pacific
The United States together with North America represents a major market for Ophthalmic Ultrasound because of its well-developed healthcare system and high incidence of eye conditions and rising healthcare spending. The competitive market exists because this region contains multiple prominent ophthalmic ultrasound device manufacturers. The market expansion in this region is driven by technological progress and the rising use of non-invasive diagnostic methods. The market expansion potential exists through the creation of portable high-resolution ophthalmic ultrasound devices which will meet the rising need for outpatient services and individualized healthcare.
The Asia-Pacific region with emerging economies such as China and India demonstrates major growth in the ophthalmic ultrasound market. The market grows because of three main factors: the aging population increase and the rising number of eye disorders and better healthcare infrastructure. The competitive market of this region consists of both domestic and international companies that develop cost-efficient and technologically advanced solutions. The market expands because people become more aware of eye health and governments support regular eye check-ups. The Asia-Pacific region offers substantial market potential because it lacks rural healthcare services and because AI integration into ophthalmic ultrasound devices creates new business opportunities.
Market Dynamics and Supply Chain
01
Driver: Rising Prevalence of Ophthalmic Disorders, and Growing Geriatric Population
The growing number of ophthalmic disorders including glaucoma and cataracts and age-related macular degeneration also creates a substantial market for ophthalmic ultrasound. The growing need for precise imaging in diagnosing and treating these conditions will also drive fast expansion of advanced ophthalmic ultrasound technologies. The worldwide increase in elderly people also represents a major market opportunity. The elderly populations higher risk of ophthalmic disorders will also drive increased demand for ophthalmic ultrasound diagnostic tools which will also result in substantial market expansion.
The ophthalmic ultrasound market also experiences growth because of ongoing technological progress which includes the creation of high-resolution imaging systems and portable devices. The improved diagnostic accuracy from these advancements also drives healthcare facilities to use ophthalmic ultrasound more frequently.
02
Restraint: High Costs of Ophthalmic Ultrasound Systems
The market faces a major challenge because ophthalmic ultrasound systems are expensive to purchase and maintain. The advanced nature of these devices results in high acquisition costs which prevent numerous healthcare providers from obtaining them especially in developing areas. The expensive nature of these systems restricts their adoption which negatively affects market expansion.
03
Opportunity: Strategic Collaborations and Technological Innovations
The ophthalmic ultrasound market will experience growth through strategic alliances between major market participants who develop improved efficient devices. The market will experience growth through partnerships that enable technical resource sharing between organizations to develop advanced ophthalmic ultrasound devices. The market will experience growth during the upcoming years because of this development.
The Ophthalmic Ultrasound market is expected to grow with the introduction of new technologies. The integration of AI and ML in ophthalmic ultrasound devices can significantly enhance diagnostic accuracy and efficiency. These advancements are expected to drive the adoption of ophthalmic ultrasound in various healthcare settings, thereby propelling market growth.
04
Challenge: Lack of Skilled Professionals
Ophthalmic ultrasound systems need specialized training and expertise to operate them. The field faces a significant shortage of qualified professionals who work in remote and underdeveloped areas. The shortage of skilled personnel acts as a barrier to the market expansion of ophthalmic ultrasound technologies because it limits their adoption.
Supply Chain Landscape
1
Raw Material Acquisition
BHP GroupRio Tinto Group
2
Component Manufacturing
Canon Medical SystemsSiemens Healthineers
3
Assembly
GE HealthcarePhilips Healthcare
4
Distribution & End-User
Optometry ClinicsOphthalmology HospitalsDiagnostic Laboratories
1
Raw Material Acquisition
BHP GroupRio Tinto Group
2
Component Manufacturing
Canon Medical SystemsSiemens Healthineers
3
Assembly
GE HealthcarePhilips Healthcare
4
Distribution & End-User
Optometry ClinicsOphthalmology HospitalsDiagnostic Laboratories
Use Cases of Ophthalmic Ultrasound in Diagnostic Procedures & Post-operative Evaluation
Diagnostic Procedures : The diagnostic procedure depends heavily on ophthalmic ultrasound for evaluating glaucoma and retinal detachment and cataracts. The B-scan ultrasound provides detailed cross-sectional images of the eye because it offers high-resolution imaging in these specific cases. The main benefit of this application stems from its non-invasive nature which enables precise diagnosis without causing any discomfort to patients. Sonomed Escalon and Quantel Medical lead this segment through their innovative ultrasound solutions and established market position.
Pre-operative Assessment : The pre-operative assessment of cataract surgery heavily depends on ophthalmic ultrasound technology. The A-scan ultrasound serves this purpose by measuring the eyes axial length which determines the power of intraocular lenses. The precise nature of this application leads to successful surgical results. Nidek Co., Ltd. and Ellex Medical Lasers Ltd. lead this application through their premium ultrasound devices and dominant market position.
Post-operative Evaluation : The evaluation of patients after surgery represents a major application of ophthalmic ultrasound technology. The UBM provides detailed high-frequency images of the anterior segment of the eye during post-operative evaluation. The main benefit of this application lies in its early detection of post-surgical complications which enables immediate treatment.
Recent Developments
The Ophthalmic Ultrasound market shows substantial growth because of technological progress and rising eye-related disease rates. The diagnostic tool has become essential for ophthalmology because it provides non-invasive imaging of eye structures and their surrounding tissues.
December 2024 : Johnson & Johnson Vision introduced their advanced Ophthalmic Ultrasound system to transform eye care through superior imaging technology.
October 2024 : Quantel Medical introduced a portable Ophthalmic Ultrasound device which aims to enhance both accessibility and operational efficiency in eye care services.
July 2024 : The NIDEK CO., LTD. introduced a high-resolution Ophthalmic Ultrasound system, which established a new benchmark in ocular diagnostics through its advanced imaging capabilities.
Impact of Industry Transitions on the Ophthalmic Ultrasound Market
As a core segment of the Medical Device industry,
the Ophthalmic Ultrasound market develops in line with broader industry shifts.
Over recent years, transitions such as Technological Advancements and Shift towards Portable Devices have redefined priorities
across the Medical Device sector,
influencing how the Ophthalmic Ultrasound market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Technological Advancements
The ophthalmic ultrasound industry has experienced major technological developments during the recent period. The technological progress has resulted in the creation of high-resolution imaging systems which produce detailed eye images for precise diagnosis and treatment of different ocular conditions. The introduction of 3D ophthalmic ultrasound systems transformed ophthalmic examination practices because they provide complete structural views of the eye. The improved patient results from these advancements have driven increased demand for ophthalmic ultrasound devices which benefits the medical imaging industry.
02
Shift towards Portable Devices
The industry is also witnessing a shift towards portable and handheld ophthalmic ultrasound devices. This shift is driven by the need for convenient and efficient diagnostic tools in various healthcare settings, including clinics, hospitals, and even home care. Portable devices offer the same precision and accuracy as traditional machines but in a more compact and user-friendly design. This has led to an increase in the adoption of these devices, which in turn has influenced the growth of the portable medical devices market.