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Surgical Microscopes Market Development And Future Trends

May 21, 2021 9:26 AM ET
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Summary

  • Major growth factors.
  • Leading players & Top Segments.
  • Geographic Overview.

Market growth factors-

  • Increasing use of fluorescence image-guided surgery (FIGS).
  • Increase in the number of surgeries and growing demand for MIS.
  • Advancements in healthcare facilities.
  • Technological advancements and customized microscopy solutions.

Global market size-

According to research report surgical microscopes market is poised to reach $915.6 Million by 2021, at a CAGR of 12.5% from 2016 to 2021.

Leading Players & Growth Strategies -

The surgical microscopes market is highly competitive in nature. Some of the major players in this market include Novartis AG (Switzerland), Danaher Corporation (U.S.), Topcon Corporation (Japan), and Carl Zeiss AG (Germany). The strong position of these companies in the market can primarily be attributed to their global presence and broad product portfolio. Other major players in the market include KARL KAPS GMBH & Co. KG (Germany), Alltion (Wuzhou) Co. Ltd. (CHINA), and ARRI Medical (ARRI Group) (Germany).

Top Segments-

On the basis of application, the market is segmented into neuro and spine surgery, plastic and reconstructive surgery, ophthalmology, gynecology and urology, oncology, dentistry, ENT surgery, and documentation. In 2016, the neuro and spine surgery segment is expected to account for the largest share of the market due to the increasing demand for surgical/operating microscopes in neurosurgery. However, the oncology segment is expected to grow at the highest CAGR during the forecast period. This can be attributed to the increasing prevalence of cancer around the world.

On the basis of end user, the surgical microscopes market is segmented into hospitals and outpatient facilities. In 2016, hospitals are estimated to account for the largest share of the operating microscopes market. The growing usage of surgical/operating microscopes in complex neurology, ENT, and dental procedures, and implementation of less-invasive surgical instruments during MIS procedures in hospitals are key market drivers in this end-user segment.

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Geographic Overview -

In 2016, North America is expected to account for the largest share of the global surgical microscopes market. Factors such as the growing demand for minimally invasive surgical procedures, infrastructural advancements in healthcare facilities, and increase in the number of surgeries are driving the growth of the North American operating microscopes market.

 

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