The global surgical microscopes market is expected to reach US$ 1,452.4 Mn in 2025 from US$ 578.5 Mn in 2017.
According to The Insight Partners market research study titled ‘Surgical microscopes market to 2025 – Global Analysis and Forecasts by Type, Application and End User. The global surgical microscopes market is expected to reach US$ 1,452.4 Mn in 2025 from US$ 578.5 Mn in 2017. The market is estimated to grow with a robust CAGR of 12.4% from 2018-2025. The report highlights the trends prevalent in the global surgical microscopes market and the factors driving the market along with those that act as deterrents to its growth.
Surgical microscopes also referred to as operating microscopes are optical microscopes that are specifically designed for their use in surgical setting. These microscopes are typically designed to perform microsurgical techniques. The use of these microscopes are found in various medical verticals that includes dentistry, ophthalmic surgery, plastic and reconstructive surgeries, cancer surgeries, ENT surgery, urology and others. The bright field and fluorescence microscope used in microsurgeries and other minimally invasive surgical procedures offers a clear view of the inaccessible and small parts of the human body to the surgeons that are otherwise not visible through a naked eye. The report would be of an interest to various stakeholders operating in the surgical microscopes market. These stakeholders include hospitals, research institutes and clinical research organizations, consulting firms, authorities framing reimbursement policies, manufacturers of medical devices and others.
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Surgical Microscopes Market Competitive Landscape and Key Development
The major players operating in the surgical microscopes market include Olympus Corporation, Novartis AG, Topcon Corporation, Leica Microsystems, Haag Streit Holding AG, Alltian (Wuzhou) Co. Ltd., Keyence Corporation, ARI Medical Technology Co. Ltd., Carl Zeiss Meditec AG, and Takagi Seiko Co. Ltd. among others.
The market players are indulged into bringing new products to the market to keep to the pace of the competitive market nature. For instance, in Spetember 2018, Leica Microsystems introduced the first PROVIDO multidisciplinary microsurgery microscope that enables high standard of visualization quality in its class. PROVIDO features FusionOptics technology that provides unparalleled depth of field and detail perception at the same time. The developments performed by the companies are helping the market to grow in the coming years.
The report analyzes factors affecting surgical microscopes market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions. The report also includes the profiles of key surgical microscopes manufacturing companies along with their SWOT analysis and market strategies.
The objective of the study is to describe, define, and forecast the surgical microscopes market by type, application, end user and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall market.
Global surgical microscopes market, based on the type was segmented into wall mounted, table top, ceiling mounted, and on casters. In 2017, the on casters segment held the largest share of the market by 51.0%, by type owing to the factor that these systems are highly portable and can be carried easily with the help the caster’s wheels from one room to another. However, the ceiling mounted microscopes are anticipated to grow with a CAGR of 12.8% during the forecast period as these systems offer stable visualization field and other advantages during surgical procedures.
The report segments the global surgical microscopes market as follows:
Global Surgical Microscopes Market – By Type
Wall Mounted
Table Top
Ceiling Mounted
On Casters
Global Surgical Microscopes Market – By Application
ENT Surgeries
Neurosurgery & Spine Surgery
Oncology
Ophthalmology
Urology
Plastic and Reconstructive Surgery
Gynecology
Dentistry
Global Surgical Microscopes Market – By End User
Hospitals
Outpatient Facilities
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