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Ophthalmic Operating Room Microscope Market Increasing Demand, Growth Analysis and Future Outlook by 2027
Allied Market Research published a report, titled, "Ophthalmic Operating Room Microscope Market by Product (On Casters, Wall Mount, Table Top, and Ceiling Mounted), Indication (Cataract Surgery, Lasik, Keratoplastry Surgery, Trabeculectomy, and Others), End User (Hospital & Clinics and Ambulatory Surgical Centers): Global Opportunity Analysis and Industry Forecast, 2020-2027." According to the report, the global Ophthalmic OR Microscope Industry was estimated at $439.39 million in 2019, and is anticipated to hit $593.18 million by 2027, registering a CAGR of 5.1% from 2020 to 2027.πΉππππππ πΊπππππ ππ πππ πΉπππππ: https://www.alliedmarketresearch.com/request-sample/10972
The global ophthalmic OR microscope market is experiencing growth due to factors such as a growing geriatric population, increasing demand for minimally invasive eye surgeries, and a rise in eye-related diseases worldwide. However, challenges such as rising customs tax and high maintenance costs hinder this growth to some degree. Nonetheless, ongoing research and development in ophthalmology, as well as advancements in ophthalmic imaging, are anticipated to present promising opportunities in the future.
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The on casters segment accounted for approximately 40% of the total revenue in the global ophthalmic OR microscope market in 2019 and is projected to maintain its dominance by the conclusion of 2027. This dominance is credited to the benefits provided by on caster microscopes, such as easy maneuverability and repositioning with minimal effort, leading to reduced operation time. Meanwhile, the wall mount and table top segments are forecasted to demonstrate the highest compound annual growth rate (CAGR) of 6.0% from 2020 to 2027.
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In terms of indication, the cataract surgery segment held close to 50% of the total market share in the global ophthalmic OR microscope market in 2019 and is forecasted to maintain its leading position by 2027. This dominance is attributed to the growing prevalence of cataract disease and the rise in the geriatric population worldwide. Concurrently, the LASIK segment is expected to achieve the highest compound annual growth rate (CAGR) of 6.4% from 2020 to 2027.
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Johnson & Johnson
Carl Zeiss Meditec AG
Inami & Co., Ltd
Leica Microsystems (Danaher Corporation)
Alcon (Novartis AG)
Topcon Corporation
Seiler medical
Takagi Seiko Co., Ltd.
In 2019, North America held the largest share of the global ophthalmic OR microscope market, accounting for over 40% of the total market revenue. This was primarily due to the significant patient population with ophthalmic disorders in the region. Additionally, the well-established healthcare infrastructure, increasing number of ophthalmic surgeries, and growing demand for ophthalmic operating room microscopes in the region further drove market growth. In contrast, the Asia-Pacific region is expected to experience the fastest compound annual growth rate (CAGR) of 6.4% throughout the forecast period, mainly due to the rising number of cataract surgeries in the region. Furthermore, government initiatives and awareness programs regarding eye-related diseases are anticipated to boost the demand for ophthalmic operating room microscopes in Asia-Pacific.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
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