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Ophthalmic Microscopes Market Size, Share & Trend | Industry Analysis Report, 2027

, 15 April 2019 -- Ophthalmic Microscopes Market to Witness a Pronounce Growth by 2027

Global Ophthalmic Microscopes Market: Overview

The human eye is an exceptionally gentle organ. Hence, performing ophthalmic examinations and surgeries requires the facility to monitor development on a micro-level. Ophthalmic optical microscopes are designed to provide detailed imaging and high contrast of all areas of the human eye. While choosing an ophthalmic microscope, it is essential to consider the type of optics used. An apochromatic lens will deliver high light transmission, allowing high quality imaging at lower light intensities. Certain types of ophthalmic microscopes offer multiple illumination options such as the ability to switch between xenon and halogen. An ophthalmic microscope can either be adjustable or fixed, and some types provide a second observer set of eyeglasses, which can autonomously modify the focusing mechanism.

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Global Ophthalmic Microscopes Market: Key Trends

The global ophthalmic microscopes market has witnessed significant growth in the past few years due to continuous product modifications, changing lifestyles, and introduction of technologically advanced diagnostic platforms. Additionally, rise in implementation of minimally invasive surgeries and increase in the geriatric population which is highly susceptible to eye disorders fuel the growth of the global ophthalmic microscopes market. Diagnostics facilitate timely diagnosis of eye disorders and ensure effective treatment methodologies with the support of surgeries. However, cost of ophthalmic microscopes and minimal health care spending by governments toward addressing ophthalmic issues are the major challenges likely to hamper the growth of the global ophthalmic microscopes market.

Global Ophthalmic Microscopes Market: Segmentation

The global ophthalmic microscopes market can be segmented based on product, application, end-user, and region. In terms of product, the global market can be classified into basic microscope models, standard microscope models, and advanced microscope models. Based on application, the global ophthalmic microscopes market can be divided into diagnosis, surgery, and vision care. Diagnosis of several ophthalmic ailments is one of the prime requisites in the ophthalmology field. Timely diagnosis of vision impairment ensures effective treatment measures taken to correct the problem. Evolution of novel technologies and treatment modalities available for major eye disorders including visual acuity has revolutionized the field of ophthalmology. Increase in adoption of minimally invasive surgeries especially with reference to cataract, glaucoma, and vitreoretinal surgeries is a major factor driving the surgery segment. Vision care deals with the examination of eye with respect to vision impairments such as astigmatism, bullous keratopathy, dry eye syndrome, corneal ectasia, and others. In terms of end-user, the global ophthalmic microscopes market can be categorized into hospitals, ambulatory surgical centers, and ophthalmic clinics.

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Global Ophthalmic Microscopes Market: Regional Analysis

Based on region, the global ophthalmic microscopes market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America comprises Canada and the U.S. The region accounted for the largest share of the global ophthalmic microscopes market in 2018. The U.S. accounted for major share of the market in North America in 2018. The region presents significant opportunities in the ophthalmic microscopes market due to advanced technological implementations and rapid acceptance of novel technological platforms. Additionally, increase in incidence of several eye disorders and rise in the geriatric population are likely to drive the need and demand for effective diagnostic platforms and surgical methodologies in North America. The U.K., France, Germany, Spain, and Italy are the major markets in Europe. Presence of technologically advanced diagnostic platforms and effective treatment methodologies drive the market in the region. According to data collected by OECD iLibrary, the number of ophthalmological surgical procedures performed in Europe have significantly reduced hospital stay. Additionally, rise in baby boomer population and increase in incidence of eye disorders are expected to boost growth and development of eye care technologies.

Global Ophthalmic Microscopes Market: Competitive Landscape

Key players in the global ophthalmic microscopes market are ZEISS International, Leica Microsystems, Seiler Instrument, Inc., Takagi Ophthalmic Instruments Europe Ltd., Karl Kaps GmbH & Co. KG, Alcon (a Novartis Division), HAAG-STREIT GROUP, Orion Medic, and Rexxam Co., Ltd.

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Submitted by hawer on Monday, 15 April 2019 at 8:55 PM
Category: Health Care & Medical
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