Artificial Intelligence
Ophthalmic Ultrasound Devices Market Share to Increase at a CAGR of Around 9.0% by 2032: Fact.MR Analysis
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Rockville, May 09, 2023 (GLOBE NEWSWIRE) — The market for ophthalmic ultrasound devices had global sales of US$ 432.2 million in 2021. According to Fact.MR – a market research and competitive intelligence provider, historically, from 2017 to 2021, the global ophthalmic ultrasound devices market demand increased at around 7.5% CAGR.
The estimated market growth between 2022 and 2032 is anticipated to be 9.0%, which is much larger than the increase in the past. A-Scan is anticipated to generate the most income, with a CAGR of 9.1% predicted between 2022 and 2032.
Ophthalmic ultrasonography equipment is used by ophthalmology specialists to identify diseases of the eye, such as glaucoma, problems with the retina, and cancer. To increase the appeal of their products to medical professionals, makers of ultrasound technology in this industry use new developments.
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Market Drivers:
- The rising incidence of eye diseases such as cataracts, glaucoma, retinal detachment, and macular degeneration is driving the demand for ophthalmic ultrasound devices. These devices help in the diagnosis, monitoring, and treatment planning of various eye conditions.
- The aging population is more susceptible to eye-related disorders, including age-related macular degeneration (AMD) and cataracts. As the global population continues to age, the demand for ophthalmic ultrasound devices is expected to increase.
- Ophthalmic ultrasound devices have witnessed significant technological advancements, leading to improved imaging capabilities, higher resolution, and better diagnosis accuracy. The development of portable and handheld devices has also expanded the accessibility of ultrasound technology in ophthalmology, driving market growth.
- Ophthalmic ultrasound devices provide non-invasive imaging techniques that help in the diagnosis of various eye conditions without the need for surgical procedures. This aspect is particularly appealing to patients and healthcare providers, contributing to the market’s growth.
- Increasing awareness about the importance of early detection and screening for eye disorders has led to the implementation of various screening programs by governments and healthcare organizations. Ophthalmic ultrasound devices play a vital role in such screening programs, further driving market growth.
- Many developing countries are investing heavily in healthcare infrastructure, including ophthalmic care facilities. This increased focus on improving healthcare facilities and access to advanced diagnostic tools, including ophthalmic ultrasound devices, is expected to boost market growth.
- Favorable reimbursement policies provided by government and private insurance companies for ophthalmic ultrasound procedures encourage healthcare providers to adopt these devices. This factor positively impacts the market growth by ensuring wider availability and accessibility of ophthalmic ultrasound devices.
Market Restraints:
- Ophthalmic ultrasound devices can be expensive, particularly those with advanced features and capabilities. The high cost can limit their adoption, especially in developing countries and healthcare facilities with limited budgets.
- Operating and interpreting ophthalmic ultrasound devices require specialized skills and training. The shortage of skilled ophthalmic ultrasound technicians and healthcare professionals proficient in interpreting ultrasound images can be a restraint for market growth, as it limits the widespread adoption of these devices.
- In some regions, particularly in low-income or rural areas, there may be limited awareness about ophthalmic ultrasound devices and their benefits. Additionally, the lack of healthcare infrastructure and accessibility to advanced diagnostic tools can hinder market growth in these areas.
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Trends
- There is a growing trend towards miniaturization and portability of ophthalmic ultrasound devices. Manufacturers are developing smaller, handheld devices that offer convenience, ease of use, and point-of-care capabilities. These portable devices allow for greater accessibility and flexibility in ophthalmic ultrasound imaging.
- Ophthalmic ultrasound devices are increasingly being integrated with other imaging modalities such as optical coherence tomography (OCT) and fundus photography. This integration allows for more comprehensive and multimodal imaging of the eye, providing clinicians with a more comprehensive diagnostic toolkit.
- Ophthalmic ultrasound devices are benefiting from advancements in imaging technology, such as higher resolution, improved image quality, and enhanced visualization capabilities. These advancements help in better visualization of ocular structures and improve diagnostic accuracy.
- The integration of artificial intelligence (AI) and machine learning algorithms in ophthalmic ultrasound devices is gaining traction. AI-based image analysis algorithms can assist in automated segmentation, detection of abnormalities, and quantitative analysis of ultrasound images, aiding clinicians in diagnosis and treatment planning.
- The adoption of telemedicine and remote diagnostics has increased significantly, driven by advancements in communication technology. Ophthalmic ultrasound devices are being utilized in telemedicine applications, enabling remote consultations and diagnostics, particularly in underserved areas and for patients who have difficulty accessing healthcare facilities.
- There is a growing focus on pediatric ophthalmology, leading to the development of specialized ophthalmic ultrasound devices for pediatric patients. These devices are designed to meet the unique needs and challenges associated with imaging and diagnosing eye conditions in children.
- Ophthalmic ultrasound devices are being increasingly used as surgical guidance tools during ophthalmic procedures. Real-time ultrasound imaging helps surgeons visualize anatomical structures and guide surgical interventions, such as cataract surgery and vitrectomy, leading to improved surgical outcomes.
Competitive Landscape
- Carl Zeiss Meditec is a leading player in the ophthalmic medical technology industry. They offer a range of ophthalmic devices, including ophthalmic ultrasound systems. Their ultrasound devices provide high-resolution imaging and advanced diagnostic capabilities. Carl Zeiss Meditec focuses on product innovation and has a strong global presence.
- Nidek is a Japanese company that develops and manufactures ophthalmic equipment. They offer a comprehensive portfolio of ophthalmic devices, including ophthalmic ultrasound systems. Nidek’s ultrasound devices are known for their advanced imaging technology and ergonomic design. The company has a global presence and is known for its commitment to innovation.
- Halma is a global group of companies operating in various sectors, including healthcare. Optos, a subsidiary of Halma, specializes in advanced retinal imaging devices. While not exclusively focused on ultrasound devices, Optos offers widefield retinal imaging technology that provides a panoramic view of the retina, including the peripheral areas.
- Sonomed Escalon, a subsidiary of Escalon Medical, specializes in diagnostic devices for ophthalmology. They offer a range of ophthalmic ultrasound systems, including both A-scan and B-scan devices. Sonomed Escalon’s ultrasound devices are known for their accuracy and user-friendly interfaces.
- Iridex Corporation, through its subsidiary Micro Medical Devices, develops and manufactures ophthalmic lasers and diagnostic devices. Their portfolio includes ophthalmic ultrasound systems for various applications, including diagnostic imaging and surgical guidance. Iridex focuses on delivering innovative solutions for ophthalmic care.
Key Companies Profiled
- Halma plc
- Carl Zeiss Meditech
- Nidek Co. Ltd
- Quantel Medical
- Escalon Medical Corporation
- Optos
- Ellex
- MicroMedical Devices
New Developments (2021)
- The Ophthalmic Ultrasound Devices Market has seen ongoing advancements in technology, such as improvements in imaging resolution, image processing algorithms, and user interface designs. These advancements aim to enhance the accuracy, efficiency, and ease of use of ophthalmic ultrasound devices.
- The integration of ophthalmic ultrasound devices with other imaging modalities, such as optical coherence tomography (OCT) and fundus photography, has been a significant development. This integration allows for multimodal imaging, providing clinicians with a more comprehensive understanding of ocular conditions.
- There has been a growing trend towards the development of portable and handheld ophthalmic ultrasound devices. These devices offer convenience, mobility, and point-of-care capabilities, allowing for increased accessibility and flexibility in various clinical settings.
- The application of artificial intelligence (AI) and machine learning algorithms in ophthalmic ultrasound devices has gained traction. AI-based image analysis algorithms can assist in automated segmentation, detection of abnormalities, and quantitative analysis of ultrasound images, aiding in more accurate and efficient diagnosis.
- The Ophthalmic Ultrasound Devices Market has witnessed ongoing research and clinical studies to explore new applications, refine imaging techniques, and evaluate the efficacy of ultrasound-guided interventions. These studies contribute to the expanding knowledge base and clinical utility of ophthalmic ultrasound devices.
Market Segments Covered in Ophthalmic Ultrasound Devices Market Analysis
- By Product Type
- B-Scan
- A-Scan
- Combined
- Pachymeter
- Ultrasound Bio Microscope
- By Mobility
- Portable
- Standalone
- By End Use
- Hospitals
- Ambulatory Surgery Centers
- Ophthalmology Clinics
- Others
- By Region
- North America
- Latin America
- Europe
- APAC
- MEA
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New Launches (2021)
- Quantel Medical launched the Aviso S ultrasound system for ophthalmology. It offers high-resolution imaging and advanced diagnostic capabilities for applications such as anterior segment imaging, posterior segment imaging, and biometry.
- Heidelberg Engineering introduced OCTANET, a software platform that integrates various diagnostic imaging modalities, including ophthalmic ultrasound, OCT, and fundus photography. The platform allows for comprehensive analysis and management of ophthalmic data.
- Ellex Medical Lasers launched the Axis Nano, a compact and portable ophthalmic ultrasound system. The device offers B-scan and biometry capabilities in a handheld format, making it suitable for point-of-care and remote imaging.
- Nidek introduced the CLEARPATH DS-120, an ophthalmic ultrasound system designed for posterior segment imaging. The device offers high-resolution imaging with features like swept-source technology and widefield scanning.
- Sonomed Escalon launched REVENANT, an ophthalmic ultrasound system that provides high-resolution imaging and real-time measurements. The system is designed for both A-scan and B-scan applications in ophthalmology.
Key Questions Covered in the Ophthalmic Ultrasound Devices Market Report
- What will be the estimated size of the Market in 2023?
- At what rate will the global Ophthalmic Ultrasound Devices sales grow until 2032?
- Which are the factors hampering the Ophthalmic Ultrasound Devices demand?
- Which region will spearhead the growth in the global industry by 2032?
- Which are the factors driving sales in the Ophthalmic Ultrasound Devices Market during the forecast period?
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BOSTON, April 18, 2024 /PRNewswire/ — The RepTrak™ Company, the world’s leading reputation data and insights company, released its annual Global RepTrak 100 report. Utilizing its advanced reputation monitoring software, RepTrak gathered data from more than 243,000 survey responses across 14 major economies to rank the world’s 100 most reputable companies. They share that ranking alongside a full analysis of global corporate reputation trends and corresponding public sentiment in the 2024 report.
After two years of consecutive Reputation Score declines, this year’s Score is back up with an increase from 73.2 in 2023 to 73.8 in 2024. It’s a small increase after 2023’s full one-point drop. However, it’s an encouraging sign that companies have begun to recover from reputation falls driven by many challenges: macroeconomic issues, workplace difficulties, product problems, and corporate responsibility skepticism.
“This year’s report underscores a pivotal shift in the corporate landscape, spotlighting the remarkable adaptability and dedication of the Top 100 companies in responding to the dynamic needs of stakeholders,” states RepTrak CEO Mark Sonders. “The companies featured in our report are not just riding the wave of change; they are the ones steering it, proving that the best approach to business is one that embraces evolution and champions progress.”
RepTrak’s report explores how people thought, felt, and acted toward companies over the past year. Findings include notable increases in Conduct and Citizenship efforts, stakeholders’ rising willingness to invest, culturally resonant brand communications, and ESG Scores that soared despite skepticism around the acronym.
To read the full 2024 Global RepTrak 100 report, please visit: www.reptrak.com/globalreptrak
About RepTrak
The RepTrak™ Company is the world’s leading reputation data and insights company. We help companies by organizing and grading a variety of reputational elements, offering a real-world report card on their corporate reputation. Subscribers to the RepTrak program use our predictive insights to protect business value, improve return on investment, and increase their positive impact on society. RepTrak’s pairing of advanced metrics and dedicated reputation advisors offers clients an actionable analysis of their reputation data, aligning business objectives with stakeholder sentiment across different markets and sectors.
Established in 2004, The RepTrak Company owns the world’s largest reputation benchmarking database, gathering over 1 million company ratings per year used by CEOs, boards, and executives in more than 60 countries worldwide. For more information, please visit: www.reptrak.com
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Artificial Intelligence
Group-IB takes part in a global operation to cripple Canadian Phishing-as-a-Service provider LabHost
SINGAPORE, April 18, 2024 /PRNewswire/ — Group-IB, a leading cybersecurity company aimed at investigating, preventing, and fight digital crime announced today that it participated in a coordinated global takedown operation against prominent Canadian Phishing-as-a-Service (PhaaS) provider LabHost, which has led to the arrest of 37 suspects across the United Kingdom and around the world by law enforcement agencies. As part of the operation, Group-IB also conducted an extensive analysis of LabHost’s criminal history and infrastructure, including insights into LabHost’s administrative platform and the services it provides to its purported user base which exceeds 2,000 subscribers worldwide, who illegally obtained around 480,000 card numbers, 64,000 pin numbers, and over 1 million passwords from victims used for websites and other online services, according to law enforcement agencies.
“By leveraging our Threat Intelligence and Digital Risk Protection, we are able to identify and monitor phishing attacks and websites like those deployed by LabHost and its subscribers around the world, enabling us to actively alert and protect our customers, and in turn, their customers as well,” said Dmitry Volkov, Chief Executive Officer of Group-IB. “Today’s takedown operation demonstrates the agility and responsiveness of our decentralized Digital Crime Resistance Centers, and how quickly we can provide immediate and local assistance wherever our customers may be.”
First uncovered in late 2021, LabHost emerged as a fully automated Phishing-as-a-Service (PhaaS) platform, streamlining the creation of phishing websites meticulously mirroring the interface and functionality of prominent banking, postal, and financial entities, aimed at intercepting, seizing, and profiting from users’ personal, credit card, and online banking credentials. Users are prompted to select from various “membership plans,” tailored to target businesses and individuals in either the United States and Canada, or globally, akin to mobile subscription models. These plans encompass “standard,” “premium,” and “world membership” tiers, priced between US$179 and US$300 monthly, with options for monthly, quarterly, or annual billing cycles.
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Artificial Intelligence
Malaysia Data Center Market to Witness $3.97 Billion Investment Opportunities by 2029, Get Insights on 34 Existing Data Centers and 33 Upcoming Facilities across Malaysia – Arizton
CHICAGO, April 18, 2024 /PRNewswire/ — According to Arizton’s latest research report, the Malaysia data center market is growing at a CAGR of 13.92% during the forecast period.
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Malaysia Data Center Market Report Scope
Report Attributes
Details
Market Size (Investment)
USD 3.97 Billion (2029)
Market Size (Area)
883 Thousand Sq. Feet (2029)
Market Size (Power Capacity)
163 MW (2029)
CAGR Investment (2023-2029)
13.92 %
Colocation Market Size (Revenue)
USD 1.23 Billion (2029)
Historic Year
2020-2022
Base Year
2023
Forecast Year
2024-2029
Over the next few years, Malaysia is poised to witness significant growth in data center investments, driven by the influx of operators like AirTrunk, Equinix, Princeton Digital Group, and other leading companies. Key hubs like Cyberjaya, Kuala Lumpur, and Johor Bahru are expected to see heightened activity, hosting most of the country’s data centers.
The wholesale colocation sector is projected to experience a revenue surge fueled by major cloud players like Microsoft, Google, and AWS. These companies have unveiled plans to establish dedicated cloud regions within Malaysia, with expected timelines for deployment within the next one to two years. This trend underscores Malaysia’s growing importance as a regional hub for data infrastructure and cloud services.
Malaysia is among the top expensive markets globally for developing data centers. Malaysia’s data center construction cost in 2023 stood at about $8.5-$10 million per MW, making it the costliest market in the APAC region after Singapore and Jakarta.
Investment Opportunities in the Malaysia Data Center Market
In November 2023, ST Telemedia Global Data Centres announced its plans to develop a new data center campus in Johor. The construction of the first building is likely to begin soon and become operational by 2025. The company formed a joint venture with Basis Bay to develop a new data center campus with two buildings, Cyberjaya DC.2 and STT Kuala Lumpur 1 in Cyberjaya, Selangor.In October 2023, EDGNEX Data Centres by DAMAC announced its plans to enter the APAC market for the first time; the company is considering a facility in Cyberjaya, Selangor. The expected investment can cross the $52 million mark.In October 2023, Infinaxis Data Centre Holdings, the joint venture between Gaw Capital Partners and A3 Capital, announced the construction of its first data center facility in Cyberjaya. The facility will have 10 data halls and will likely be operational by Q2 2025.In September 2023, EdgeConneX announced its plans to expand its footprint in Malaysia with the development of three data centers sites across Bukit Jalil, Kuala Lumpur, and Cyberjaya. The company plans to develop data centers in partnership with Cyberview.To Know More, Download the Free Sample Report: https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Market Trends
According to IRENA, in 2022, hydroenergy accounted for around 69% of the renewable energy capacity in Malaysia, followed by solar energy, which contributed about 21%, along with a 10% contribution by bioenergy.Malaysia aims to achieve the target of net-zero carbon emissions by 2050. To make this goal a reality, WWF-Malaysia is partnering with Boston Consulting Group to develop an independent joint study on the country’s optimal net zero pathway.The government of Malaysia has established a green tariff scheme to support its carbon-neutrality target. Under the scheme, subscribers can get electricity from solar or hydro sources instead of fossil fuel sources.Mergers, acquisitions, joint ventures, and partnerships are key strategies employed by operators to expand their portfolios and global footprint. For example:
In December 2023, Chindata Group merged with BCPE Chivalry Merger Sub, a wholly owned subsidiary of BCPE Chivalry Bidco, completing its transition to a private company from a public one.November 2023 saw ST Telemedia Global Data Centres, in a joint venture with Basis Bay, announcing plans to develop a new data center campus with two buildings in Cyberjaya, Selangor.A3 Capital and Gaw Capital Partners formed a joint venture in February 2023 to establish Infinaxis Data Centre Holdings to develop and operate data centers across Malaysia and Southeast Asia.MN Holdings, an engineering services and solutions company, signed a Memorandum of Understanding (MoU) in April 2023 with Shanghai DC-Science, outlining an investment of approximately $600 million to develop a data center site at the Sedenak Tech Park, Johor.Why Should You Buy This Research?
Market size is available regarding investment, area, power capacity, and Malaysia colocation market revenue.An assessment of the data center investment in Malaysia by colocation, hyperscale, and enterprise operators.Investments in the area (square feet) and power capacity (MW) across cities in the country.A detailed study of the existing Malaysia data center market landscape, an in-depth market analysis, and insightful predictions about market size during the forecast period.Snapshot of existing and upcoming third-party data center facilities in MalaysiaFacilities Covered (Existing): 34Facilities Identified (Upcoming): 33Coverage: 9 LocationsExisting vs. Upcoming (Area)Existing vs. Upcoming (IT Load Capacity)Data Center Colocation Market in MalaysiaColocation Market Revenue & Forecast (2023-2029)Wholesale vs. Retail Colocation Revenue (2023-2029)Retail Colocation PricingWholesale Colocation PricingThe Malaysia data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.A transparent research methodology and the analysis of the demand and supply aspects of the industry.Buy this Research @ https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Post-Purchase Benefit
1hr of free analyst discussion10% off on customizationThe Report Includes the Investment in the Following Areas:
IT InfrastructureServersStorage SystemsNetwork InfrastructureElectrical InfrastructureUPS SystemsGeneratorsSwitches & SwitchgearsPDUsOther Electrical InfrastructureMechanical InfrastructureCooling SystemsRack CabinetsOther Mechanical InfrastructureCooling SystemsCRAC and CRAHChillersCooling Tower and Dry CoolersOther Cooling UnitsGeneral ConstructionCore & Shell DevelopmentInstallation & Commissioning ServicesBuilding & Engineering DesignFire Detection & Suppression SystemsPhysical SecurityData Center Infrastructure Management (DCIM)Tier StandardTier I & Tier IITier IIITier IV GeographySelangorJohorOther StatesVendor Landscape
IT Infrastructure Providers
Cisco SystemsDell TechnologiesFujitsuHewlett Packard EnterpriseHuawei TechnologiesIBMInspurLenovoNetAppData Center Construction Contractors & Sub-Contractors
Advance Power EngineeringAsima ArchitectsAVO TechnologyB-Global TechCTC-GlobalCSF GroupCyclect GroupDSCO GroupGamudaGCM TechnologiesHSS EngineersISGKienta Engineering ConstructionLSK EngineeringMES GroupM+W Group (Exyte)MN HoldingsNakanoNTT FACILITIESPowerware SystemsS5 EngineeringShaw ArchitectSunway Construction GroupUnique CentralSupport Infrastructure Providers
ABBCaterpillarCumminsEatonFuji ElectricHITEC Power ProtectionKOHLER PowerLegrandMitsubishi ElectricNarada Power SourcePiller Power SystemsRittalRolls-RoyceSchneider ElectricSiemensSocomecSTULZTraneVertivData Center Investors
Bridge Data CentresEdge CentresGDS ServicesIRIX (PP TELECOMMUNICATION)Keppel Data CentresNTT DATAOpen DCTM OneVantage Data CentersYTL Data Center HoldingsNew Entrants
AirTrunkAmazon Web Services (AWS)EdgeConneXEquinixFutureData (Cyclect Group + TSG Group)Googlei-BerhadInfinaxis Data Centre HoldingsMN Holdings + Shanghai DC-ScienceMicrosoftNEXTDCPrinceton Digital GroupRegal OrionSingtelST Telemedia Global Data CentresYondrTo Know More, Download the Free Sample Report: https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Key Questions Answered in the Report:
What factors are driving the Malaysian data center industry?
How big is the Malaysia data center market?
How many MW of power capacity will be added across Malaysia during 2024 to 2029?
What is the growth rate of the Malaysia data center market?
Which states are included in the Malaysia data center market report?
Get the Detailed TOC @ https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
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