Industry Trends Optical coherence tomography (OCT) is a technique that allows physicians to acquire images of translucent or opaque material (such as biological tissue) at resolutions similar to low-power microscopes. The devices that make use of this technology to perform retinal imaging have become an integral part of tracking the progress of treatment and pathology
Industry Trends Currently in the U.S. opthalmic device market, competition is limited from manufacturers that are either new or trying to expand into the U.S. market. Many ophthalmic device manufacturers have recently entered the market. Some of these companies are based in Italy, Japan and China, and severely undercut the prices in order to gain market
The full report suite on the U.S. market for interventional ophthalmic devices includes disease rates, ophthalmic lasers, intraocular lenses (IOLs), phacoemulsification consoles, ophthalmic viscosurgical devices (OVDs) and glaucoma shunts. Currently the U.S. market for interventional ophthalmic devices is being limited by high prices. High prices for the capital equipment in this market are passed on to the consumer as much of the interventional market is based upon elective surgeries. While many are willing to pay for premiums to undergo corrective surgery others will seek out alternative solutions or decide to live with their vision issues.