Surgical Microscope Market to Grow with Impressive CAGR During the Forecast Period
Advancing surgical methods are driving the growth in
Global Surgical Microscope Market in the forecast period, 2023-2027.
According to TechSci Research report, “Surgical
Microscope Market
–
Global Industry Size, Share, Trends, Opportunity, & Forecast, 2027F”, the global surgical microscope market may potentially project an
impressive growth in the forecast period, 2023-2027, with an impressive CAGR on
the account of increasing number of surgical procedures performed with
minimally invasive procedures. Moreover, the technological advancement in the
surgical equipment has quite confirmed the advancement in the healthcare facilities.
Moreover, the demand of the consumers for more efficient and effective
diagnosing, and treatment devices that are minimally invasive, advanced and
leave minimum room for any error is driving the growth of the surgical
microscope. Furthermore, techniques like wide-angle illumination, red reflex
illumination, and automation and augmented reality microscopy are some of the
emerging technological advancements that can further enunciate the growth of
the market in the upcoming five years.
Furthermore, researches and development of 3D visualization, optimum
lighting, and magnification of deep surgical fields through small approaches
are highly responsible for the growth of the global surgical microscope market.
The developing countries are still a major region of the market that is
untapped and have potentially bigger market for the future years and new market
players.
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The global surgical equipment market is segmented by type, application,
end-users, competitional landscape, and regional distribution. Based on
application, the market is further bifurcated into ophthalmology, ENT,
gynecology and urology, neuro & spine surgery, dentistry, others. Neuro
& spine surgery is anticipated to hold the largest revenue shares of the
market and assert its dominance over the market on the account of rising number
of brain surgeries accounted each year in various countries worldwide.
Moreover, with the expertise and advancement the operating and surgical
procedures for the neural and spinal procedures has increased. Surgeons are
precise and chance of error has been minimized, therefore the segment is
anticipated to hold the largest segment in the market. Moreover, gynecology and
urology applications are expected to register the fastest growing CAGR on the
account of rapidly multiplying number of pregnant women with complicated
pregnancy and rising instances of urinary diseases among the population, mostly
in the countries where sanitation is a bigger issue.
Based on type, the market is further bifurcated into on casters, wall
mounted, table-top, and ceiling mounted. On-casters are anticipated to hold the
largest market segment for the upcoming five years. The segment is expected to
grow largest on the backbone of rising instances of technological advancement
and research that is further strengthening the qualities of these surgical
microscopes. On-casters microscopes are the surgical microscopes that are
floor-mounted devices, and have retractable casters with single, double, or
compound wheels. The microscope is specially designed to provide absolute
equilibrium, allowing free movement of the balanced microscope.
Based on end user, the market is further segmented into hospitals &
clinics, ambulatory surgical centers, and other healthcare facilities.
Hospitals & clinics are anticipated to dominate the market segment due to
the surged demand of the surgical microscope in the large healthcare
facilities. The big hospitals with multi-specialty surgical units, the surge in
the demand of surgical microscope is increased.
This factor along with the rising number of the patients in the urgent
need for surgeries and corrective surgery popularity is gaining the market its
impending growth and is anticipated to continue the growth streak in future
five years. Moreover, the demand of cosmetic surgery is also responsible for
the fastest growing ambulatory surgery center growth in the segment. The sub-segment
is expected to show the fastest growing CAGR in the upcoming five years.
Holding the major shares of the market are:
·
Carl Zeiss AG
·
Danaher Corporation (Leica Microsystems)
·
Haag-Streit Surgical GmbH
·
Topcon Corporation
·
Alcon Inc.
·
Seiler Instrument Inc.
·
Olympus Corporation
·
Takagi Seiko Co. Ltd.
·
ARI Medical Technology Co., Ltd.
·
CHAMMED Co., Ltd.
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“North American region is anticipated to dominate the global surgical
microscope market on the account of well-established modern healthcare industry
in the countries of the region like United States, Canada. The world-class
healthcare facilities, highly advanced technology involving equipment and
skilled surgeons for neurosurgery and cosmetic surgery along with the rising
number of the surgical hospitals and ambulatory surgical clinics are driving
the growth of the market in the region in the next five years. Also, the
abundance of market players in the region is expanding the market in next five
years. New market players must concentrate over the advanced technological
medical devices and in better popularization of the product to establish their
brands in the market,” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based Global management consulting firm.
“Global
Surgical Microscope Market – Global Industry Size, Share, Trends, Opportunity,
& Forecast, 2027F Segmented By Type (On Casters, Wall Mounted,
Table-Top, Ceiling Mounted) By Application (Ophthalmology, ENT, Gynecology and
Urology, Neuro & Spine Surgery, Dentistry, Others) By End Users (Hospital
& Clinics, Ambulatory Care Centers, Others) By Region”, has evaluated the future growth
potential of global surgical microscope and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global surgical microscope market.
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