Surgical Safety Glasses Market Will Grow At Highest Pace Owing To Increasing Surgical Eye Injuries

Comments · 10 Views

The surgical safety glasses market is primarily driven by growing concerns regarding surgical eye injuries among surgeons and healthcare professionals. Surgical safety glasses provide wide field of vision along with certified optical-grade lenses that help protect eyes from blood splashes and debris during complex medical procedures. They are lightweight and compatible with most personal protective equipment worn in operating rooms.

The global surgical safety glasses market is estimated to be valued at US$ 1.47 trillion in 2024 and is expected to exhibit a CAGR of 5.5% over the forecast period of 2024 to 2031.

Key Takeaways

Key players operating in the surgical safety glasses market include Monadnock, Safariland, ASP, Armament Systems and Procedures, Nightstick, and Guardian Protective Devices among others. Monadnock and Safariland collectively account for nearly 30% of the global market share due to their vast product portfolio and widespread distribution networks globally.

The demand for surgical safety glasses is expected to grow significantly during the forecast period mainly due to the increasing number of surgical procedures performed worldwide each year. Various regulatory standards regarding use of personal protective equipment in hospitals and clinics will further propel the market growth.

Technological advancements including introduction of anti-fog and anti-scratch coatings, as well as versatility in frame designs catering to multiple face sizes are some key factors augmenting the popularity of surgical safety glasses. Various players are also focusing on manufacturing eco-friendly glasses using recyclable materials.

Market Trends

Increasing adoption of polarized lenses- Many players have launched surgical safety glasses with polarized lenses that reduce eye strain caused by glare during long procedures. Polarized lenses cut down reflected light and improve vision.

Growth of contract manufacturing- Major OEMs are partnering with domestic manufacturers from low-cost regions to benefit from economies of scale and competitive pricing. This trend is expected to continue over the forecast period.

Market Opportunities

Emerging markets in Asia Pacific and Latin America- With improving healthcare infrastructure and increasing medical tourism, these regions present massive growth opportunities for surgical safety glasses manufacturers.

Innovation in lens technologies- Integration of advanced technologies like anti-fogging/anti-reflective coatings, self-cleaning, and prescription lenses will open new growth avenues.

Impact of COVID-19 on Surgical Safety Glasses Market Growth

The COVID-19 pandemic has significantly impacted the Global Surgical Safety Glasses Market Size,. During the initial phase of the pandemic, elective surgeries were postponed to prioritize the treatment of COVID-19 patients and preserve healthcare resources. This led to a decline in demand for surgical safety glasses from early 2020. However, as the pandemic prolonged, the demand increased from mid-2020 as a rise in COVID-19 cases overwhelmed healthcare systems and hospitals aimed to avert infection spread by properly equipping staff. Stringent safety protocols and personal protective equipment (PPE) guidelines issued by health ministries made surgical safety glasses mandatory for all surgical procedures.

With the ongoing pandemic, the demand is expected to remain high in the short to medium term. Market players have ramped up production capacities to address this surge. However, uncertainties around the duration of the pandemic may impact future demand. Post-pandemic, the market is likely to stabilize with steady growth fueled by improved healthcare infrastructure and preventive healthcare focus in many countries. Market participants will need to ensure continued supply of high-quality and affordable products. Investing in innovative designs offering enhanced safety, comfort and anti-fog features can help gain market share.

Geographically, North America accounts for the largest share of the surgical safety glasses market in terms of value, due to advanced healthcare infrastructure and rising medical expenditures. Asia Pacific is the fastest growing region supported by increasing healthcare access, larger patient pool and growing medical tourism across India and China. The Europe market is driven by stringent regulations related to usage of PPEs and surgical protective gears.

The surgical safety glasses market in Latin America and Middle East regions is still in the nascent stage but projected for robust growth in the forecast period on account of improving economic conditions, favorable governmental initiatives and rising healthcare standards. Developing eye care infrastructure and prevention-oriented healthcare approach will accelerate future adoption across Africa.

Get more insights on  Surgical Safety Glasses Market

disclaimer
Comments