According to Our latest research report on “Surgical Microscopes Market ” highlights the substantial global expansion occurring within this sector. The report encompasses projections for the years leading up to 2031, accompanied by a comprehensive analysis of the market’s current size, prevailing trends, market share, and economic insights.
The world surgical microscope market was valued at $447 million in 2015, and is estimated to reach $818 million by 2022, registering a CAGR of 8.9% during the forecast period. The world surgical microscope market is expected to grow rapidly due to rise in prevalence of ophthalmic diseases, chronic diseases, and ENT disorders coupled with rapidly growing geriatric population. However, high pricing of these equipment and sale of used equipment are some of the factors that restrain the growth of the market. Elementary operational microscope is an optical, mechanical, electrical device, or a combination of lenses, which provides magnification, stereoscopic vision, and illuminated image of an object during microsurgery. As the need for visual aids in surgery has become indispensable, existing basic microscopes are inefficient during surgeries.
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Surgical microscope is a solution to present problem of complex and difficult surgical interventions. The common examples of procedures that use surgical microscope include endodontic retreatment and anastomosis among others. The basic characteristic of an operational microscope is its design, which facilitates ease of operations to surgeons. The other parameters that define a surgical microscope are stereoscopic visualization, illuminating system for illuminating the operating field evenly, a stable but mobile stand with balanced suspensions, a magnification changer, higher focal length for operating in depth.
Based on application,the market is segmented into dentistry, ENT, gynecology & urology, neurosurgery & spine surgery, oncology, ophthalmology, plastic, and reconstructive surgeries. The ophthalmology segment dominated with one-fourth shares in the global market revenue measured in 2015. ENT segment is estimated to grow at the fastest CAGR by 2022, closely followed by plastic & reconstructive surgery and oncology, respectively.
Based on the end-user, the market is segmented into hospitals and outpatient facilities. The out-patient facilities contributed three fourth to the total revenue of global surgical microscopes market estimated in 2015 and expected to grow at higher CAGR due to growing healthcare infrastructure in developing economies such as India and China. On the basis of price range the market is segmented into low-range, mid-range, and premium range. The low-range surgical microscope market dominated the market in 2015 and is expected to remain predominant while growing at higher CAGR when compared with others.
Based on the geography, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. In 2015, North America holds the largest share in the surgical microscope market and is expected to grow significantly due to rapid growing geriatric population and increase in prevalence of ophthalmic diseases, chronic diseases, and ENT disorders. Asia-Pacific is anticipated to grow at the highest CAGR of 10.7% during the forecast period. The emerging economies in the Asia-Pacific, such as India and China are the emerging markets with enormous growth potential due to growth in population and increased expenditure in the healthcare sector.
KEY MARKET BENEFITS:
- In-depth analysis of the market is conducted based on market estimations of the key market segments for the period of 2014-2022.
- The market is analyzed based on four regions as, North America, Europe, Asia-Pacific, and LAMEA along with the analysis of major countries in these regions.
- Comprehensive analysis of factors that drive and restrict the growth of the world surgical microscopes market is provided in the report.
- The projections in this report are made by analyzing the current trends and future market potential from 2014 to 2022 in terms of revenue and volume.
- Exhaustive analysis of the world surgical microscopes market by type helps understand the trending products available for commercial usage.
- Competitive intelligence of leading manufacturers of surgical microscopes predicts the competitive scenario among industry participants across various geographies.
The report provides comprehensive analysis of the key players operating in the surgical microscope market such as
- ACCU-SCOPE, Inc.
- TAKAGI SEIKO CO., LTD.
- Alltion (Wuzhou) Co., Ltd.
- ARRI AG
- Carl Zeiss
- Haag-Streit U.S.
- Leica Microsystem GmbH
- Alcon Laboratories, Inc.
- Topcon Medical Systems, Inc.
- Olympus Corporation
- Global Surgical Corporation
KEY MARKET SEGMENT:
The world surgical microscopes market is segmented as below:
By Application
Dentistry
ENT
Gynecology & Urology
Neurosurgery & Spine Surgery
Oncology
Ophthalmology
Plastic and Reconstructive Surgery
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By End-User
Hospitals
Outpatient Facilities
By Price Range
Low-range
Mid-range
Premium-range
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
Rest of LAMEA
Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
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Key Questions the Report Discusses
- What essential elements emerged from both primary and secondary research?
- What will the market’s future potential be?
- Who examines the market report’s complete outcome?
- What obstacles and problems face the growth of an industry?
- What does supply chain analysis for products and market size, share mean?
- Which of the possible manufacturers is still operating in the market?
- What are the advantages, benefits, and applications of the product’s features?
- What are the main trends and influencing factors?
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