Report : Surgical Microscopes Market to 2025 - Global Analysis and Forecasts by Type (Wall Mounted, Table Top, Ceiling Mounted, and On Casters), Application (Oncology, Urology, Ophthalmology, Gynecology, Plastic & Reconstructive Surgeries, Dentistry, ENT Surgeries, Neurosurgery & Spine Surgery), End User (Hospitals and Outpatient Facilities) and Geography
On Casters Segment is expected to grow the Market for Surgical Microscopes over the Forecast Period for Type Segment.
According to a new market research study titled ‘Surgical microscopes market to 2025 – Global Analysis and Forecasts by Type, Application and End User. The global surgical microscopes market is expected to reach US$ 1,452.4 Mn in 2025 from US$ 578.5 Mn in 2017. The market is estimated to grow with a robust CAGR of 12.4% from 2018-2025. The report highlights the trends prevalent in the global surgical microscopes market and the factors driving the market along with those that act as deterrents to its growth.
Global surgical microscopes market, based on the type was segmented into wall mounted, table top, ceiling mounted, and on casters. In 2017, the on casters segment held the largest share of the market by 51.0%, by type owing to the factor that these systems are highly portable and can be carried easily with the help the caster’s wheels from one room to another. However, the ceiling mounted microscopes are anticipated to grow with a CAGR of 12.8% during the forecast period as these systems offer stable visualization field and other advantages during surgical procedures.
The market for surgical microscopes is expected to grow as rising demand of minimally invasive surgeries, increase in the number of surgical procedures, and technological advancements in the surgical microscopes are expected to fuel the market growth during the forecast period. In addition, increasing emphasis on medical tourism is likely to have a positive impact on the growth of the market in the coming years.
The major players operating in the surgical microscopes market include Olympus Corporation, Novartis AG, Topcon Corporation, Leica Microsystems, Haag Streit Holding AG, Alltian (Wuzhou) Co. Ltd., Keyence Corporation, ARI Medical Technology Co. Ltd., Carl Zeiss Meditec AG, and Takagi Seiko Co. Ltd. among others. The market players are indulged into bringing new products to the market to keep to the pace of the competitive market nature. For instance, in Spetember 2018, Leica Microsystems introduced the first PROVIDO multidisciplinary microsurgery microscope that enables high standard of visualization quality in its class. PROVIDO features FusionOptics technology that provides unparalleled depth of field and detail perception at the same time. The developments performed by the companies are helping the market to grow in the coming years.
The report segments the global surgical microscopes market as follows:
Global Surgical Microscopes Market – By Type
Global Surgical Microscopes Market – By Application
Neurosurgery & Spine Surgery
Plastic and Reconstructive Surgery
Global Surgical Microscopes Market – By End User
Global Surgical Microscopes Market – By Geography
Asia Pacific (APAC)
Middle East & Africa (MEA)
South & Central America (SCAM)
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