The human eye is a delicate organ that can get easily damaged, so when having an examination or having surgery on it, the condition must be carefully tracked and monitored under a microscope. When choosing an ophthalmic operating microscope, the type of optics employed is crucial. An apochromatic lens' high light transmission allows for high-quality imaging at lower light intensities. One of the many lighting options some ophthalmic surgery microscope models provides is the capacity to switch between halogen and xenon lighting.
Ophthalmic surgical microscopes occasionally come with additional binoculars called an "observer" set. Some of these binoculars have separate, either fixed or movable focusing mechanisms. The increase in the geriatric population and the increasing efficacy of minimally invasive ophthalmic surgeries are the two main factors propelling the growth of the global ophthalmic operating room microscope market. Additionally, it is anticipated that more people will develop various eye-related diseases, which will spur market expansion.
Minimally invasive surgical techniques have transformed numerous surgical specialties. These techniques lessen the likelihood of tissue trauma, hasten postoperative recovery, and lessen complications, patient discomfort, length of hospital stays, and missed work. The large corneal incisions of extracapsular surgery have been replaced as the gold standard in cataract surgery by micro-incisions of less than 2 mm, improving outcomes and accelerating patient vision recovery. Even in complicated procedures, suture-less small-gauge (25–27 gauge) vitrectomy has a quicker recovery time and produces better results than 20–gauge techniques that call for conjunctival incisions.
The development of these procedures results from improvements in instrumentation, ophthalmologic technology, and technical strategies used by inventive surgeons. Optical coherence tomography (OCT), a non-invasive imaging technique that generates high-resolution, cross-sectional images, is the gold standard for ophthalmic diagnostics. However, OCT-integrated (iOCT) surgical microscopy technologies that could be used to confirm surgical goals have lagged in development because of several fundamental computational and technological limitations. As a result, more aggressive treatment is required. A surgical method called minimally invasive glaucoma surgery (MIGS) is gaining popularity. As a result, minimally invasive ophthalmic procedures are becoming more popular, which significantly aids in the growth of the market.
There are numerous opportunities for market expansion due to an increase in ophthalmic operating room microscope research and innovations. In ophthalmology, robotic eye surgery is a relatively new innovation that has proven effective in treating several eye conditions. A surgeon uses a computerized system to guide tiny surgical tools to the functional space during robotic eye surgery. The precision and control offered by this technique are greater than those provided by conventional surgery. The most frequently treated conditions in robotic eye surgery are cataracts and retinal detachments. Therefore, it is anticipated that the ophthalmic operating room microscope market will expand over the forecast period due to quick technological advancements and novel techniques.
North America is the most significant global ophthalmic operating room microscope market shareholder and is expected to grow at a CAGR of 4.3% during the forecast period. The substantial share is attributed to the developed healthcare infrastructure and rising incidence of eye-related diseases in nations like the USA and Canada. For instance, according to the CDC, 6.1 million Americans had their lenses surgically removed and replaced with new lenses to treat their cataracts. Furthermore, according to the CDC's estimates, 20.5 million Americans over 40 have at least one cataract-affected eye. It is expected to have more than 30 million population by 2030. Additionally, the region is a lucrative market for manufacturers due to its high purchasing power and growing acceptance of technologically advanced ophthalmic microscopes.
Europe is expected to grow at a CAGR of 4.6%, generating USD 173.87 million during the forecast period. A cataract is one of the most prevalent eye diseases in many parts of Europe, and several countries claim that cataract surgery is one of the most normally performed surgeries. Cataract surgeries are finished on the same day in Europe. Hospitalization is required when anesthesia is used or when serious complications occur. The alarming increase in the prevalence of ophthalmic diseases across Europe is a significant driver of the ophthalmic operating room microscopes market. Expanding programs to assist blind patients in Europe is another significant trend in the field. For instance, Europe is currently participating in the WHO's global initiative Vision 2020, which aims to reduce the burden of blindness.
Asia-Pacific offers profitable business opportunities due to the rise in cataract operations and governmental initiatives to support the manufacturing of medical devices. Manufacturers of ophthalmic devices are interested in the region because it is anticipated that improvements to the healthcare infrastructure will present a sizable opportunity. Government initiatives and programs to increase awareness of eye-related illnesses and their further complications are expected to increase demand for ophthalmic operating room microscopes in the Asia-Pacific region. The Asia-Pacific region is anticipated to grow significantly over the forecast period due to eye conditions like cataracts, glaucoma, AMD, and refractive errors. Moreover, the market is expected to expand as the geriatric population rises and surgical procedures are increasingly preferred for medical treatment.
The global ophthalmic operating room microscope market’s major key players are Alcon (Novartis AG), Johnson & Johnson, Inami & Co. Ltd, Takagi Seiko Co. Ltd, Carl Zeiss Meditec AG, Danaher Corporation, Topcon Corporation, Karl Kaps GmbH & Co. KG, Metall Zug Group, and Seiler Instrument Inc.