Press release
Ophthalmic OR Microscope Market to Grow Expeditiously ; to Reach USD 0.59 Billion by 2027
According to a new report published by Allied Market Research, titled, "Ophthalmic Operating Room Microscope By Product, Indication, and End User: Opportunity Analysis and Industry Forecast, 2019-2027," the global ophthalmic operating room microscope market size was valued at $0.43 billion in 2019 and is expected to reach $0.59 billion by 2027 with a CAGR of 5.1% during the forecast period.The global ophthalmic OR microscope market is experiencing growth propelled by factors such as the growing prevalence of the geriatric population, increasing popularity of minimally invasive ophthalmic surgeries, and a rise in eye-related diseases worldwide. However, challenges like rising customs tax and high maintenance costs are impeding growth to a certain extent. Nonetheless, ongoing research and development in ophthalmology, coupled with advancements in ophthalmic imaging, are poised to unlock promising opportunities in the near future.
In 2019, the on casters segment accounted for approximately 40% of the total revenue in the global ophthalmic OR microscope market and is projected to maintain its dominance by 2027. This segment's success is credited to the benefits it provides, including efficient maneuverability and easy repositioning, requiring minimal effort and contributing to shorter operation times. Meanwhile, the wall mount and table top segments are forecasted to experience the most rapid compound annual growth rate (CAGR) of 6.0% from 2020 to 2027.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/A10607
In 2019, the cataract surgery segment held close to 50% of the global ophthalmic OR microscope market share and is expected to maintain its dominant position through 2027. This is primarily due to the growing prevalence of cataract disease and the rise in the global geriatric population. Meanwhile, the LASIK segment is anticipated to achieve the highest compound annual growth rate (CAGR) of 6.4% from 2020 to 2027.
In 2019, North America dominated the global ophthalmic OR microscope market, contributing to over 40% of the market share. This was primarily driven by a significant patient population suffering from ophthalmic disorders in the region. Additionally, the presence of a well-established healthcare infrastructure, an increase in ophthalmic surgeries, and a rising demand for ophthalmic operating room microscopes further fueled market growth in the region.
Conversely, the Asia-Pacific region is expected to witness the fastest compound annual growth rate (CAGR) of 6.4% throughout the forecast period. This growth can be attributed to the increasing 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.
๐๐จ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ- https://www.alliedmarketresearch.com/purchase-enquiry/A10607
๐๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-
Johnson & Johnson
Carl Zeiss Meditec AG
Inami & Co., Ltd
Leica Microsystems (Danaher Corporation)
Alcon (Novartis AG)
Topcon Corporation
Seiler medical
Takagi Seiko Co., Ltd.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐ ๐จ๐ซ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ
This report entails a detailed quantitative analysis along with the current and future global ophthalmic operating room microscope market trends from 2019 to 2027 to identify the prevailing opportunities along with strategic assessment.
The ophthalmic operating room microscope market forecast is studied from 2019 to 2027.
The ophthalmic operating room microscope market size and estimations are based on a comprehensive analysis of key developments in the industry.
A qualitative analysis based on innovative products facilitates strategic business planning.
The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the ophthalmic operating room microscope market,
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐- https://www.prnewswire.com/news-releases/ophthalmic-operating-room-microscope-market-to-reach-593-18-mn-globally-by-2027-at-5-1-cagr-allied-market-research-301266597.html
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. 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.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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