The global ophthalmic microscopes market size was exhibited at USD 619.9 million in 2022 and is projected to hit around USD 1,363.31 million by 2032, growing at a CAGR of 8.2% during the forecast period 2023 to 2032.
Key Pointers:
- The North American region held the largest share of 38.12% in 2022.
- Asia Pacific is expected to expand at the highest CAGR of 9.4% during the forecast period.
- Based on modality, the on caster segment accounted for the largest market share of 53.14% in 2022.
- Ceiling-mounted ophthalmic microscopes are anticipated to register the fastest CAGR growth during the forecast period.
- The anterior segment dominated the market in 2022 and accounted for the largest share of 63.35% of the global revenue.
- The posterior segment is expected to expand at a substantial CAGR during the forecast period.
- In 2022, the hospital segment accounted for the largest market share at 55.16%.
- The ambulatory surgery center is anticipated to exhibit a highest CAGR of 9.2% during the forecast period.
Ophthalmic Microscopes Market Report Scope
The growth of the ophthalmic microscope market is being driven by various factors. One of the significant factors is the increasing incidence of ophthalmic diseases, especially among the geriatric population, who are at higher risk of developing eye disorders such as age-related macular degeneration and cataract. According to a report published by the World Health Organization, in 2019, over 2.2 billion individuals were affected by vision impairment, with at least 1.0 billion of those individuals suffering from preventable or untreated impairments.
Additionally, the market is being propelled by technological advancements and the growing adoption of minimally invasive ophthalmic surgeries. The rise in the number of cataract surgeries, which is attributed to the preference for minimally invasive procedures, is another contributing factor to the market's growth. According to research by the National Center for Biotechnology Information, it is estimated that there will be 3.7 million cataract extraction surgeries performed annually in the US, 7.0 million in Europe, and 20 million globally.
With the increasing awareness of the importance of eye care, patients are seeking early diagnosis and treatment of eye disorders. This has led to a rise in demand for ophthalmic microscope in both developed as well as developing countries. Furthermore, rise in healthcare expenditure globally has led to an increase in the demand for advanced medical equipment, including ophthalmic microscopes. Governments and healthcare providers are investing in these technologies to improve patient outcomes and reduce the burden on healthcare systems.
Growing demand for ophthalmic surgeries in the geriatric population, such as cataract and glaucoma surgeries has led to an increased demand for ophthalmic microscopes, as they are essential tools for these procedures. For instance, the global population affected by glaucoma is expected to increase from 69.0 million in 2022 to 76.0 million. By 2040, it is expected to reach 112 million. Regions such as Africa and Asia are likely to be more affected than other parts of the globe.
Also, there is a rising trend towards minimally invasive surgeries, which require advanced surgical tools, including ophthalmic microscopes. Ophthalmic microscopes are essential for providing surgeons with clear, detailed images during surgery, which is critical for achieving successful outcomes.
Some of the prominent players in the Ophthalmic Microscopes Market include:
- Alcon, Inc.
- Carl Zeiss Meditec AG
- Leica Microsystems (Danaher Corporation)
- Topcon Corporation
- Haag-streit Holding (Metall Zug Group)
- Inami & Co., Ltd.
- Takagi Seiko
- Karl Kaps GmbH & Co. KG
- Seiler Instrument Inc.
- Rexxam Co.,Ltd.
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Ophthalmic Microscopes market.
By Modality
- Ceiling-mounted
- Table-top
- Wall-mounted
- On Casters
By Application
- Anterior Segment Surgery
- Cataract Surgery
- Refractive Surgery
- Glaucoma Surgery
- Corneal Surgery
- Laser Eye Surgery
- Posterior Segment Surgery
- Vitrectomy
- Retinal Detachment Repair
- Macular Hole Repair
- Maculopathy Surgery
- Posterior Sclerotomes
- Radial Optic Neurotomy
- Macular Translocation Surgery
By End-use
- Hospitals
- Ambulatory Surgical Centers
- Others
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa (MEA)
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