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10-Nov-2022

Surgical Microscopes Market exhibiting CAGR of 10.6% by 2032, due to increasing use of fluorescence image-guided surgery (FIGS) | insightSLICE

The market for Surgical Microscopes was valued at US$ 975 million in 2020 and is expected grow at a CAGR of 10.6% between 2023 to 2032.

In a few specialties, such as neurology, ophthalmic medicine, dental medicine, otorhinolaryngology, and corrective surgery, surgical microscopes have developed into a basic tool for minimally intrusive surgical techniques.

Innovative designs of surgical devices have significantly enhanced vision, safety, estimating, positioning, and recording capabilities. They have also made it easier to integrate picture-directed magnifying lens frameworks for better outcomes.

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Global Surgical Microscopes Market Key Segments:

By Type

  • On Casters
  • Wall Mounted
  • Table Top
  • Ceiling Mounted

By Price Range

  • Low-Range
  • Mid-Range
  • Premium-Range

By Application

  • Neuro and Spine Surgery
  • Plastic and Reconstructive Surgery
  • Ophthalmology
  • Gynecology and Urology
  • Oncology
  • Ear, Nose, and Throat (ENT) Surgery
  • Dentistry
  • Documentation

By End User

  • Hospitals
  • Outpatient Facilities
  • Ambulatory Centers
  • Clinics
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA
  • South America
    • Brazil
    • Rest of South America

Through simple techniques, they provide 3D imaging, perfect illumination, and magnification of extensive surgical regions. These microscopes provide surgeons with more than just clinical benefits; they also let them adjust their posture while executing complicated and lengthy procedures. These variables are anticipated to also influence market growth throughout the projected time frame.

According to the claim made by Carl Zeiss in Walk 2020, the company has stopped holding any internal or external events and is now running entirely through video conferences.

However, it assured every one of its clients that there would be no delay in the delivery of their goods since the company had put in place extensive security measures to protect all of its employees and maintain smart business continuity.

The key players of the Global Surgical Microscopes Market are:

Medtronic, ARRI Medical GmbH, Avante, Accu-Scope, Alcon Management S. A., Carl Zeiss AG, Leica Microsystems, ARI Medical Technology Co. Ltd. – ARI Medical Equipment Co. Ltd., Haag-Streit Group, Danaher, Global Surgical Corporation, Olympus Corporation, Karl Kaps GmbH & Co. KG, Topcon Corporation, Novartis AG, Seiler Instrument Inc., Prescott’s Inc., Inami & CO. Ltd, ATMOS MedizinTechnik GmbH & Co. KG, DrsToyStore.com, KWIPPED, Inc. and Takagi Seiko Co. Ltd.

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Driving factors for the growth of Global Surgical Microscopes Market

In most medical subspecialties around the world, clinicians perform minimally invasive medical procedures. In addition, people in developing nations would spend more money on high-quality services due to rising incomes, which is anticipated to support demand for minimally invasive medical treatments and, as a result, propelling market growth throughout the projection period.

Since surgical microscopes are more precise, provide better illumination sources, and offer alternatives for customization and technology incorporation due to the complexity of the systems, the launch of novel advanced products is fueling interest in them.

To support the growth of the market, emerging innovations such as wide-point lighting, reflex irradiation, automation, and expanded vision microscopy are needed. Generally speaking, even the most basic surgical microscopes can be quite expensive—up to a few thousand dollars.

The high-end models of these microscopes are extremely expensive. The growth of the surgical microscopes market globally is fueled by a few factors. These include the growing variety of surgical techniques, the acceptance of minimally invasive medical procedures, and ongoing progress in the clinical field for developing better surgical methodology.

The development of the market throughout the estimated period will also involve the innovation of improved microscopy solutions and expanding the use of fluorescent image-guided surgery (FIGS).

Related reports:

Global Binocular Biological Microscope Market: https://www.insightslice.com/binocular-biological-microscope-market

Global Ophthalmology Drugs Market: https://www.insightslice.com/ophthalmology-drugs-market

The leading market segments of Global Surgical Microscopes Market

On-casters microscopy is floor-mounted devices with retractable casters and single, double, or compound wheels, and they are one of the largest market categories in the global surgical microscopes industry. The caster’s express purpose is to provide the highest level of harmony while allowing the decent magnification lens to develop freely.

In 2019, North America held the largest share of the global surgical microscopes market as per recent reporting. This is attributed to the availability of contemporary facilities, significantly advanced equipment, skilled brain surgeons and reconstructive surgeries, an increase in operating clinics, a preference for clinical settings, and a stable reimbursement framework for therapeutic medications.

Additionally, the prevalence of ophthalmic and neurologic conditions is noticeably higher in this area, which helps the development of the local market. Asia Pacific is anticipated to experience the fastest growth during the speculative time range.

The market is primarily being driven by the high frequency of ophthalmic issues, evolving clinical in the travel sector, and an increase in the number of inpatient and outpatient medical treatments.

Several other reasons, including effective government initiatives to expand the region’s medical care system and rapid economic growth in several countries, are anticipated to sustain market expansion throughout the speculative time horizon.

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Surgical Microscopes Market exhibiting CAGR of 10.6% by 2032, due to increasing use of fluorescence image-guided surgery (FIGS) | insightSLICE

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Last Updated: 10-Nov-2022