Ophthalmic microscope plays a crucial role in the ophthalmic surgeries by examining the eye at a micro-level. Factors such as increasing geriatric population that are at a higher risk of developing ophthalmic disorders, for instance, age-related macular degeneration and cataract is boosting the growth of the market. In addition, technological advancements and rising adoption of minimally invasive ophthalmic surgeries is also expected to drive the growth of the ophthalmic microscope market over the forecast period.
One of the major factor which is extensively contributing towards the growth of the market is the rapidly increasing incidence of ophthalmic diseases. In 2019, at least 2.2 billion people have a vision impairment, and of these, at least 1 billion have impairment that could have been avoided or haven’t been addressed, according to research report published by WHO.
Increasing preference for minimally invasive procedures is in turn leading to a rise in number of cataract surgeries. For instance, according to research study, published by National Center for Biotechnology Information in 2021, there are an anticipated 3.7 million cataract extraction performed each in the U.S., 7 million is Europe and 20 million globally.
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Based on modality, the on casters segment held the highest market share due to the benefits these goods offer, such as their effective movement and repositioning capability needing few efforts, which helps in lowering the operation's duration.
Key players in operating in the ophthalmic microscope market includes Alcon, Inc., Carl Ziess Meditec AG, Leica Microsystems (Danaher Corporation), Topcon Corporation, Haag-streit Holding (Metall Zug Group), Inami & Co., Ltd., Takagi Seiko, Karl Kaps GmbH & Co. KG, Seiler Instrument Inc. and Rexxam Co., Ltd.
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