Specular microscope Market size was estimated at $xx Million in 2020 and is expected to reach $xx Million by 2027, growing at a CAGR of 11.25% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
The specular microscope is a diagnostic equipment designed for ophthalmology that is able to take precise images of the endothelial cells of the cornea to be able to diagnose diseases that affect one of the most important structures of the cornea, which is the endothelium, or to be able to carry out the preoperative study necessary for the use of intraocular lenses for the correction of myopia, astigmatism or hyperopia in cases not candidates for laser eye surgery.
When the eye is put under cataract surgery the corneal endothelium usually suffers from intraocular manipulation, the study of the corneal endothelium in patients who are going to undergo this surgery is also very useful, in this way its possible to identify patients with a weaker corneal endothelium in order to plan a special and personalized surgery, reducing the rate of endothelial suffering of the cornea in these patients and avoiding the appearance of corneal edema due to endothelial failure after cataract surgery.
Specular Microscope Market Growth and Trends
A specular microscope can be two types, such as the contact specular microscope and contactless specular microscopes, and it can be widely used in many industries. Several surveys showed that in 2016, 69.13% of the global specular microscope was used in hospitals, private clinics by 13.36%, and the remaining 17.51% was divided between other industries. So, with the development of the economy, the specular microscope will have huge market potential in the future.
According to The Expresswire, in August of this year, the specular microscope market had an estimated value of 39 million USD, and it is expected that by 2026 its value will reach 47 million USD.
Currently, the financial and technical barriers of this industry are relatively high, and the companies in the world that produce specular microscopes concentrate their activity and materials mainly in Japan, the market leader in specular microscopy. Konan has a global market share of over 50%. The other manufacturers are Topcon, Nidek, Tomey, Wavetek, Hy Vision Star, or Hai Labs.
Specular microscope production increased from 822 units in 2011 to 1162 in 2016, with an average growth rate of 8.28%.
Challenges to specular microscope market growth: The entire global economy has been directly affected by the emergence of the COVID-19 virus. It can directly influence both the level of production and demand, by disrupting the supply chain and the market, but also by its financial impact on firms and financial markets.
Specular Microscope Industry Regional Analysis
Specular Microscope Market Share and Competition
Key companies operating in this industry are: Konan, Topcon, Nidek, Tomey, Wavetek, Hy Vision Star and Hai Labs, Inc.
Specular Microscope Market Research Report Analysis Highlights
● Historical data available (as per request)
● Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
● Data breakdown for every market segment (2020 – 2027)
● Gross margin and profitability analysis of companies
● Price analysis of each product type
● Business trend and expansion analysis
● Import and export analysis
● Competition analysis/market share
● Supply chain analysis
● Client list and case studies
● Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Contact Specular Microscope
• Non-contact Specular Microscopes
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Hospital
• Eye Bank
• Others
Region Analysis (Revenue, USD Million, 2020 - 2027)
● United States
● Canada
● Mexico
● France
● Germany
● Italy
● Spain
● United Kingdom
● Russia
● China
● India
● Philippines
● Malaysia
● Australia
● Austria
● South Korea
● Middle East
● Japan
● Africa
● Rest of World
Specular Microscope Industry Companies
• Konan
• Topcon
• Nidek
• Tomey
• Wavetek
• Hy Vision Star
• Hai Labs, Inc.
Available Versions:-
United States Specular Microscope Market Research Report
Europe Specular Microscope Market Research Report
Asia Pacific Specular Microscope Market Research Report
India Specular Microscope Market Research Report
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