PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1269760
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1269760
Global Ophthalmic Microscopes Market is valued at approximately USD 504.90 million in 2021 and is anticipated to grow with a healthy growth rate of more than 8.20% over the forecast period 2022-2029. Ophthalmic functioning microscopes are created to provide precise visualization of all regions of the human eye with high resolution. These microscopes provide high-quality magnified visualization of the eye and surrounding structures, allowing ophthalmic surgeons to perform precise and delicate surgical procedures with accuracy. The Ophthalmic Microscopes market is expanding because of factors such as increasing demand for eye surgeries and the growing Geriatric Population.
The ophthalmic microscope magnifies images of small samples using visible light through one or more lenses. The lenses are placed between the sample and the viewer's eye to magnify the image and allow for a more detailed examination. Its prevalence has progressively increased during the last few decades. The World Health Assembly supported objectives for effective coverage of vision problems and eye surgery to be accomplished by 2030, namely a 40% increase in nearsightedness reported and around 30% increase in cataract surgery. Furthermore, more than 800 million people worldwide have distance or near cognitive disabilities that could be treated with a suitable pair of optics. Around 100 million people diagnosed with moderate-to-severe distance vision impairment or myopia that could be rectified through cataract surgery. Another important component driving space increase is Geriatric Population. Geriatric and obese populations are predisposed to chronic diseases. According to the World Bank Group, the world old population was 727 million in 2020, and it is predicted to exceed over the next coming decades, reaching 1.5 billion in 2050. In addition, Latvia has the highest rate of cataract surgeries in Europe with 1,725 cases per 100,000 people, followed by Estonia with a rate of 1432.7. Also, rising government initiatives and technological advancements in the manufacturing of ophthalmic microscopes would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Ophthalmic Microscopes stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Ophthalmic Microscopes Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the rising technological advancement in microscopes. Furthermore, Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations and active participation of government and nonprofit organizations in the market space.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable