Demand for
minimal invasive surgery (MIS) and microsurgeries is growing at an exponential rate.
Such snowballing demand is creating opportunities for medical devices that
play a critical role in surgical procedures. One such essential device used for
surgical processes is the surgical microscope. As per the findings of a newly released business publication by IndustryARC, the global surgical microscopes market size stood at $570 million as of 2018. Additionally, shedding lights on current medical trends, the publication projects the revenue avenues in the
global surgical microscope market to grow at a compound annual
growth rate (CAGR) of 11.35% during the forecast period of 2019 to 2025. The urgency
of minimum trauma, better visualization, and speedy recovery of the patient is
supporting the growth of technically advanced surgical microscopes.
This is well-documented in the surgical microscopes market research report prepared by IndustryARC's analyst. The report is
titled “Surgical
Microscopes Market: By Mounting (Caster, Wall, Table-Top, Ceiling);
Specifications (Magnification Range, Camera, Illumination, Imaging, Others);
Application (Dentistry, Plastic Surgery, Neurosurgery, Others); End-User
(Hospital, Clinic, Research) & Geography – Forecast (2019 - 2025).” This
report is comprised trends, growth drivers, financial overview, business
strategies, and recent developments in the global surgical microscopes market. It also offers insights on opportunities and trends that are poised to disrupt the surgical microscopes market.
Global Surgical Microscopes Market: Leading Segments
Oncology over other medical segments is the most profitable application for the players operating in the surgical microscopes marketplace. The IndustryARC report projects the opportunities in this segment to increase at a CAGR of 9.20% through the forecast period of 2019 to 2025. Mounting chronic disease incidents and skyrocketing technical advancement and investments in the medical field is presumed as the major factor for the growth of the application in the surgical microscopes market.
North America is the ruling region in the global surgical microscopes market, sustaining the regional share of 41% as of 2018. The subjected market is growing in the region owing to the growing decrepit population in the continent. With a growing decrepit population the instances of cancer and other chronological diseases will also prevail, further shooting the demand for surgical microscopes.
Global
Surgical Microscopes Market Industry Analysis
Surgical microscope, also known as the operating microscope is a device employed for numerous medical procedures such as endodontic retreatment, vascular surgery, ophthalmic surgery, ENT surgery, plastic and reconstructive surgery. According to the American Cancer Society[1], it is reported that the density of cancer survivor will surpass 20 million in the United States by the year 2026. Swelling oncology instances will flourish the need for consistent diagnosis for the patients, which will further increase the demand for surgical microscopes. Additionally, rising surgical cases and financial assistance abilities from the government will impact the surgical microscope market. Changing lifestyle of people have increased the incidence and prevalence of gynaecological, dental, ophthalmic, and neurological disorders which will supplement exuberant demands in the global surgical microscopes market.
Global
Surgical Microscopes Market Trends
3D
Surgical Microscope: Traditional slides on the microscopes
are being replaced by a 3D surgical microscope. It uses mechanic or electric optical
magnifying equipment designed to perform microsurgeries. These microscopes have digitalized the slides
with high-resolution precision tools. Demand for such microscopes are booming
owing to the increasing popularity of premium-priced treatments in both the
emerging and developed economies.
Screen
Assistance: New age surgical microscopes are equipped with
ultra-high definition screens. These screens are capable of displaying affected
tissues in dynamic 3D setting via a 4K digital imaging screen. This emerging
system is witnessing incrementing demands owing to its extraordinary features
that allows the surgeon to conduct a comfortable surgery.
Global
Surgical Microscopes Market: Competitive Landscape
Some of the key
players mentioned in the report that are currently leading the surgical microscopes
market are Carl Zeiss, Leica Microsystems, Allition (Wuzhou), Takagi
Corporation, Topcon, Alcon, HAAG-STREIT SURGICAL, Seiler, ACCU-SCOPE, Inc.,
Olympus Corporation.
Talk to one of our sales representative about the full report by providing your details in the link below:
https://www.industryarc.com/support.php?id=18476
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What
can you expect from the report?
The global surgical microscopes market is prepared with the main agenda to cover the following 20 points:
1.
Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2.
Market trends & Relevant Market Data 12. Country level Analysis
3.
Manufacturer Landscape 13. Competitor Analysis
4.
Distributor Landscape 14. Market Shares Analysis
5.
Pricing Analysis 15. Value Chain Analysis
6.
Top 10 End user Analysis 16. Supply Chain Analysis
7.
Product Benchmarking 17. Strategic Analysis
8.
Product Developments 18. Current & Future Market
Landscape Analysis
9.
Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
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Asked Questions:
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customization?
Response: Yes, we can
customize the report by extracting data from our database of reports and annual
subscription databases. We can provide the following free customization:
1.
Increase the level of data in application or end user industry.
2.
Increase the number of countries in geography chapter.
3.
Find out market shares for other smaller companies or companies which are of
interest to you.
4.
Company profiles can be requested based on your interest.
5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.
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About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.