Market Overview:
The global ophthalmology surgical microscope market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of eye diseases, rising geriatric population, and technological advancements in ophthalmic devices. Based on type, the global ophthalmology surgical microscope market is segmented into high-end microscopes, mid-range microscopes, and low-end microscopes. The high-end segment is expected to account for the largest share of the global market in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. The growth in this segment can be attributed to factors such as technological advancements and growing demand for premium quality products. Based on application, the global ophthalmology surgical microscope market is divided into hospital outpatient department (HOPD), ambulatory surgical centers (ASCs), clinics & physician offices,. The HOPD segment accounted for majority share of revenue generated by application segments in 2017 and it is projected that this trend will continue throughout forecast period .
Product Definition:
Ophthalmology surgical microscopes are used in the medical field to help diagnose and treat eye diseases. They provide a high level of magnification, which is necessary to see the small structures inside of the eye. This allows for more accurate diagnoses and treatments.
High End:
High end is a new term in the ophthalmic surgical microscope market and it covers the range of price beyond USD 1000. The high-end ophthalmic surgical microscopes are more precise, lighter in weight, have longer working time and better image quality as compared to low-end scopes.
The major factor responsible for its increased demand is its ability to provide superior visualization over a larger field with greater clarity than conventional lower powered viewfinders.
Mid and Low Range:
The global mid and low range and it's usage in ophthalmology surgical microscope market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing incidences of eye disorders such as glaucoma, cataract, macular degeneration, diabetic retinopathy among others.
Application Insights:
Based on application, the global ophthalmology surgical microscope market is segmented into hospital outpatient department, ambulatory surgical centers, clinics and physician offices. The clinics and physician offices segment dominated the market in 2017 owing to increasing demand for advanced diagnostic equipment by patients. Furthermore, an increase in patient visits due to a rise in prevalence of eye diseases will boost growth over the forecast period.
The HOPD segment is expected to be one of the fastest-growing segments during the forecast period owing to factors such as rising awareness about health issues among individuals aged 50 years and above coupled with a growing geriatric population across various regions of the world. In addition, increasing disposable income has resulted in more people visiting their general physicians for checkups or medical advice regarding vision care procedures performed at an outpatient facility or ambulatory surgery center. This trend will positively influence overall demand over next seven years.
Regional Analysis:
North America dominated the global ophthalmology surgical microscope market in 2017. This can be attributed to factors such as favorable reimbursement policies, increasing prevalence of eye diseases, and presence of major players in the region. For instance, Medicare Part B covers around 80% cost for cataract surgeries performed by an ophthalmologist through a hospital outpatient department or an ambulatory surgery center. In addition, these centers are reimbursed at a higher rate compared to hospitals that provide these services through their emergency departments (ED).
Asia Pacific is expected to grow at the fastest CAGR during the forecast period due to factors such as developing healthcare infrastructure and rising patient awareness about early diagnosis of various vision disorders. Moreover, government initiatives encouraging people with disabilities are also anticipated to fuel growth over the forecast period.
Growth Factors:
- Increasing prevalence of eye diseases and disorders: The increasing prevalence of various eye diseases and disorders is one of the key growth drivers for the ophthalmology surgical microscope market. According to a study by The National Eye Institute, around 2 million Americans are affected by blindness, while around 7.3 million are affected by low vision. This number is expected to increase in the coming years due to the increasing aging population and rising incidence of chronic eye diseases such as glaucoma, age-related macular degeneration (AMD), and diabetic retinopathy.
- Rising demand for minimally invasive surgeries: The growing demand for minimally invasive surgeries is another major growth driver for the ophthalmology surgical microscope market. Minimally invasive surgeries offer several advantages over traditional open surgery procedures such as shorter hospital stays, reduced pain & discomfort, faster recovery times, and lower rates of post-operative complications. This has led to an increase in their adoption across various medical specialties including ophthalmology.
- Technological advancements in microscopes: Owing to technological advancements in microscopes over the past few years, they have become more compact & portable with enhanced imaging capabilities that allow surgeons to view minute details during surgery procedures with great clarity & precision thus reducing chances of any errors or complications during surgery.. This is driving their adoption among surgeons worldwide which is subsequently propelling growth of the overall ophthalmology surgical microscope market..
Scope Of The Report
Report Attributes
Report Details
Report Title
Ophthalmology Surgical Microscope Market Research Report
By Type
High End, Mid and Low Range
By Application
Hospital Outpatient Department(HOPD), Ambulatory Surgical Centers, Clinics & Physician Offices
By Companies
Carl Zeiss, Leica microsystems, Haag-Streit Group, Zhenjiang Zhongtian Optical Instrument, 6 6 VISION TECH Co., Ltd., Xintian Medical Devices, Alcon, Topcon Corporation, Karl Kaps, Carl Zeiss
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Ophthalmology Surgical Microscope Market Report Segments:
The global Ophthalmology Surgical Microscope market is segmented on the basis of:
Types
High End, Mid and Low Range
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital Outpatient Department(HOPD), Ambulatory Surgical Centers, Clinics & Physician Offices
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Carl Zeiss
- Leica microsystems
- Haag-Streit Group
- Zhenjiang Zhongtian Optical Instrument
- 6 6 VISION TECH Co., Ltd.
- Xintian Medical Devices
- Alcon
- Topcon Corporation
- Karl Kaps
- Carl Zeiss
Highlights of The Ophthalmology Surgical Microscope Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High End
- Mid and Low Range
- By Application:
- Hospital Outpatient Department(HOPD)
- Ambulatory Surgical Centers
- Clinics & Physician Offices
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ophthalmology Surgical Microscope Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An ophthalmology surgical microscope is a medical device used to view structures within the eye. It can be used for diagnostic purposes, such as examining the inside of the eye for signs of disease or injury.
Some of the key players operating in the ophthalmology surgical microscope market are Carl Zeiss, Leica microsystems, Haag-Streit Group, Zhenjiang Zhongtian Optical Instrument, 6 6 VISION TECH Co., Ltd., Xintian Medical Devices, Alcon, Topcon Corporation, Karl Kaps, Carl Zeiss.
The ophthalmology surgical microscope market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ophthalmology Surgical Microscope Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ophthalmology Surgical Microscope Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ophthalmology Surgical Microscope Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ophthalmology Surgical Microscope Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ophthalmology Surgical Microscope Market Size & Forecast, 2018-2028
4.5.1 Ophthalmology Surgical Microscope Market Size and Y-o-Y Growth
4.5.2 Ophthalmology Surgical Microscope Market Absolute $ Opportunity
Chapter 5 Global Ophthalmology Surgical Microscope Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ophthalmology Surgical Microscope Market Size Forecast by Type
5.2.1 High End
5.2.2 Mid and Low Range
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ophthalmology Surgical Microscope Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ophthalmology Surgical Microscope Market Size Forecast by Applications
6.2.1 Hospital Outpatient Department(HOPD)
6.2.2 Ambulatory Surgical Centers
6.2.3 Clinics & Physician Offices
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ophthalmology Surgical Microscope Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ophthalmology Surgical Microscope Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ophthalmology Surgical Microscope Analysis and Forecast
9.1 Introduction
9.2 North America Ophthalmology Surgical Microscope Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ophthalmology Surgical Microscope Market Size Forecast by Type
9.6.1 High End
9.6.2 Mid and Low Range
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ophthalmology Surgical Microscope Market Size Forecast by Applications
9.10.1 Hospital Outpatient Department(HOPD)
9.10.2 Ambulatory Surgical Centers
9.10.3 Clinics & Physician Offices
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ophthalmology Surgical Microscope Analysis and Forecast
10.1 Introduction
10.2 Europe Ophthalmology Surgical Microscope Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ophthalmology Surgical Microscope Market Size Forecast by Type
10.6.1 High End
10.6.2 Mid and Low Range
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ophthalmology Surgical Microscope Market Size Forecast by Applications
10.10.1 Hospital Outpatient Department(HOPD)
10.10.2 Ambulatory Surgical Centers
10.10.3 Clinics & Physician Offices
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ophthalmology Surgical Microscope Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ophthalmology Surgical Microscope Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ophthalmology Surgical Microscope Market Size Forecast by Type
11.6.1 High End
11.6.2 Mid and Low Range
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ophthalmology Surgical Microscope Market Size Forecast by Applications
11.10.1 Hospital Outpatient Department(HOPD)
11.10.2 Ambulatory Surgical Centers
11.10.3 Clinics & Physician Offices
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ophthalmology Surgical Microscope Analysis and Forecast
12.1 Introduction
12.2 Latin America Ophthalmology Surgical Microscope Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ophthalmology Surgical Microscope Market Size Forecast by Type
12.6.1 High End
12.6.2 Mid and Low Range
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ophthalmology Surgical Microscope Market Size Forecast by Applications
12.10.1 Hospital Outpatient Department(HOPD)
12.10.2 Ambulatory Surgical Centers
12.10.3 Clinics & Physician Offices
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ophthalmology Surgical Microscope Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ophthalmology Surgical Microscope Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ophthalmology Surgical Microscope Market Size Forecast by Type
13.6.1 High End
13.6.2 Mid and Low Range
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ophthalmology Surgical Microscope Market Size Forecast by Applications
13.10.1 Hospital Outpatient Department(HOPD)
13.10.2 Ambulatory Surgical Centers
13.10.3 Clinics & Physician Offices
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ophthalmology Surgical Microscope Market: Competitive Dashboard
14.2 Global Ophthalmology Surgical Microscope Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carl Zeiss
14.3.2 Leica microsystems
14.3.3 Haag-Streit Group
14.3.4 Zhenjiang Zhongtian Optical Instrument
14.3.5 6 6 VISION TECH Co., Ltd.
14.3.6 Xintian Medical Devices
14.3.7 Alcon
14.3.8 Topcon Corporation
14.3.9 Karl Kaps
14.3.10 Carl Zeiss
