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Discover the surgical microscopes market forecast to 2024

Discover the surgical microscopes market forecast to 2024

Global Surgical Microscopes Market, By Type (Casters, Wall Mounted, Table Top, Ceiling Mounted), By Application (Neurosurgery, Spine Surgery, ENT, Dentistry, Oncology, Urology, Ophthalmology, Plastic & Reconstructive Surgery, Others)), By End User (Hospitals, Clinics, Ambulatory Centers) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

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Market Analysis:

The surgical microscopes market accounted to USD 510.0 million in 2016 growing at a CAGR of 12.3% during the forecast period of 2017 to 2024. 

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Market Definition:

Surgical microscopes are optical microscope devices which has its applications in micro surgeries. The devices provide clear view of small and inaccessible parts of the body during surgeries.

Major Market Drivers and Restraints:

  • Increased number of minimally invasive surgeries
  • Increase in number of Fluorescence Image-Guided Surgery 
  • Technological advancement to adopt the new technology
  • Increased number of surgical procedures
  • High costs for advanced operating microscopes
  • Taxes imposed by U.S. government

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Market Segmentation:

By Type (Casters, Wall Mounted, Table Top, Ceiling Mounted), By Application (Neurosurgery, Spine Surgery, ENT, Dentistry, Oncology, Urology, Opthalmology, Plastic & Reconstructive Surgery, Others)), By End User (Hospitals, Clinics, Ambulatory Centers) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

By type the market for surgical microscopes is segmented into casters, wall mounted, table top, and ceiling mounted.

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On the basis of application the market is segmented into neurosurgery, spine surgery, ENT, dentistry, oncology, urology, ophthalmology, plastic & reconstructive surgery, others.

On the basis of end-users the surgical microscopes market is segmented into hospitals, clinics and ambulatory centers.

On the basis of geography, surgical microscopes market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

In 2017, North America is expected to dominate the market.

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Competitive Analysis:

The surgical microscopes market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

The report includes market shares of surgical microscopes market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors:

Some of the major players operating in surgical microscopes market are Novartis AG, Danaher Corporation, Topcon Corporation, Carl Zeiss AG, Haag-Streit Surgical GmbH, Accu-Scope Inc., Alltion (Wuzhou) Co., Ltd., Arri Medical, Karl Kaps GmbH & Co. Kg, Takagi Seiko Co. Ltd., Olympus Corporation, Leica Microsystems GmbH, Alcon Laboratories, Inc., Topcon Medical Systems, Inc., Global Surgical Corporation among others.

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