Ophthalmic Operating Room Microscope Market Report, Segmentation by Product Type, End User, Regions, Top Key Players, Growth Segments and Forecast to 2027

 

A comprehensive overview of the ophthalmic operating room microscope market is recently added by UnivDatos Market Insights to its humongous database. The ophthalmic operating room microscope market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the ophthalmic operating room microscope market. The ophthalmic operating room microscope market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the ophthalmic operating room microscope market at the global and regional level. Ophthalmic Operating Room Microscope Market is expected to grow at a CAGR of 5.9% from 2021-2027 to reach US$ 722 million by 2027.

Market Overview

Ophthalmic operating room microscope is the distribution of healthcare facilities, for eye treatments and surgeries. They are mainly used by ophthalmologists to treat complications like cataract, LASIK, keratoplasty, trabeculectomy and others. As the people become more aware of their eye conditions and treatments, these surgeries will become more common. For example, there were an estimated 232,866 ophthalmologists in 194 countries in 2015. Moreover, this number is increasing in the low-income countries where the density of ophthalmologists per 100,000 individuals is low.

Furthermore, technological advancements in ophthalmic microscopes are changing the landscape of ophthalmic surgeries. Several digital and digitally assisted microscopes with advanced visual optics of variable capabilities are present in the market. They also allow the integration of digital information and “heads up surgery”, where the image can be seen in a 3D camera. These “heads-up surgeries” have released a lot of pressure for Ophthalmic surgeons, earlier studies have shown that 30-50% of ophthalmic surgeons end up with cervical neck pain, or worse herniated discs. Additionally, they have also resulted in the increase in patient safety.

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COVID-19 Impact

The sudden outburst of the COVID-19 pandemic has fetched the entire world to a stoppage. As hospitals are getting occupied with COVID-19 cases, the burden on healthcare staff witnessed a significant rise. There was 6% revenue decline in Zeiss Meditech during fiscal 2019-20. Similar trends were seen by other companies during this time. Eye care professional need to be near the patients during ophthalmic procedures and therefore pose a higher chance of SARS-CoV-2, ocular immunology, and inflammation 715 transmission. World Health Organization (WHO) has given recommendations on standards and PPE to prevent infection among healthcare providers. The American Academy of Ophthalmology (AAO) have given recommendations to avoid non-essential surgical procedures.

Ophthalmic operating room microscope market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By Type, the market is primarily segmented into

• On casters
• Wall Mount
• Tabletop
• Ceiling Mounted

Amongst type, the on casters segment of the ophthalmic operating room microscope market was valued at US$ X million in 2020 and is likely to reach US$ X million by 2027 growing at a CAGR of X% from 2021-2027. On caster is the most popular due to its better mobility, however one can use ceiling mount and wall mount for space management.

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By Application, the market is primarily segmented into

• Cataract Surgery
• LASIK
• Keratoplasty Surgery
• Trabeculectomy
• Others

LASIK shows the highest revenue share of CAGR X% with the growth of US$ X million in 2020 to US$ X million in 2027. This is closely followed by cataract surgery which had the revenue share of US$ X million in 2020 and forecasted to be US$ X million in 2027 with CAGR X%.

By End-User, the market is primarily segmented into

• Hospitals
• Ambulatory Surgical Centers
• Ophthalmology clinics
• Others

Amongst end-user, ambulatory surgical centers accounted for a market valuation of US$ X million in 2020 and is expected to reach US$ X million by the year 2027, at a CAGR of X% over the analyzed period.

Ophthalmic Operating Room Microscope Market Geographical Segmentation Includes:

• North America (the United States, Canada, and Rest of North America)
• Europe (Germany, United Kingdom, Italy, France, Spain, and Rest of Europe)
• Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)
• Rest of the World

Based on the estimation, North America constitutes a major market for the ophthalmic operating room microscope industry and generated maximum revenue in 2020 owing to the increasing number of geriatric population and eye illnesses.

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The major players targeting the market includes

• Alcon (Novartis AG)
• Johnson & Johnson Limited
• Carl Zeiss Meditec AG
• Inami & Co., Ltd.
• Takagi Seiko Co., Ltd.
• Danaher Corporation (Leica microsystems)
• Topcon Corporation
• Karl Kaps GMBH & Co.Kg
• Metall Zug group (Haag-Streit holding)
• Seiler Instrument inc.

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the ophthalmic operating room microscope market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

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Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the ophthalmic operating room microscope market?
• Which factors are influencing the ophthalmic operating room microscope market over the forecast period?
• What are the global challenges, threats, and risks in the ophthalmic operating room microscope market?
• Which factors are propelling and restraining the ophthalmic operating room microscope market?
• What are the demanding global regions of the ophthalmic operating room microscope market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?

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