The US Is The Largest Market For Ophthalmic Diagnostic Equipment
The US represents the largest market globally for ophthalmic diagnostic equipment in terms of revenue generated. The US ophthalmic diagnostic equipment market was valued at $190.7m in 2010 and is estimated to grow at a CAGR of 4{0730eed075b45d9e50c00d6cd42dd08773e0164f29a45151808bf89051290974} over 2010-2017. Easy accessibility and availability of new medical equipment to patients, the availability of reimbursement for the coverage of eye care screening as well as the increasing incidence of eye conditions and related disorders are the major factors driving growth in the market.
OCT is the largest segment, accounting for $49.5m in 2010. OCT will remain the fastest growing segment that some experts predict will exhibit a growth rate as high as 8{0730eed075b45d9e50c00d6cd42dd08773e0164f29a45151808bf89051290974} over the next seven years. New innovations in fundus cameras are also expected to drive sales in the US market as well.
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