The Global Surgical Microscopes market is expected to witness a CAGR of 10.5% during the forecast period. Certain factors that are driving the market growth include increasing adoption of minimally invasive surgeries, a rise in the geriatric population and prevalence of chronic diseases, and technological advancement in surgical microscopes.
The global population is aging rapidly, owing to reduced birth rates and increasing life expectancy. According to a United Nation, economic and social commission for Asia and the Pacific (ESCAP) report the geriatric population in Asia-Pacific was around 617.1 million in 2015, accounting for more than half of the world’s total elderly population. It is estimated that, by 2050, Asia-Pacific will account for almost two-thirds of the world’s geriatric population. According to the United States Census Bureaus Statistics, among the 7.3 billion people worldwide in 2015, an estimated 8.5 %, or 617.1 million were aged 65 and older. Hence, owing to the rapid increase in the geriatric population, the prevalence of age-associated with chronic diseases and subsequent surgical interventions has also increased, which in turn has resulted in the market expansion.
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A surgical microscope is used to obtain good visualization of fine structures in the operating field. The surgical microscopes offer strain-free surgical procedures to the surgeons. The surgical microscopes are of different types, such as on casters, wall-mounted, table-top, and ceiling mounted microscopes. The market for the global surgical microscope market has been segmented by application, end-user, and geography.
Market By Top Companies:
Alcon (Novartis AG) (SWX: ALC), Alltion (Wuzhou) Co., Ltd., ARI Medical Technology Co., Ltd., Haag-Streit Surgical GmbH (METN), Leica Microsystems (Danaher), Olympus Corporation (OCPNY), Seiler Instrument Inc., Takagi Seiko Co. Ltd, Topcon (TYO: 7732), Zeiss International (CZMWF)
News and Updates:
September 19, 2017 Launch of ORBEYE Surgical Microscope with 4K 3D Capabilities
October 5, 2017, Olympus Launches 4K-3D Video Microscope, ORBEYE, Enabling 26x Magnification, Ergonomic Heads-Up Surgery and Inclusion of Entire OR Team
Jul 31, 2019, Olympus ORBEYE Video Microscope and THUNDERBEAT Energy Device Enable Lifesaving Transplant
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Industry Research Coverage
Gynecology and Urology is Expected to Hold Significant Market Share in the Application Segment
The applications of the surgical microscopes are wide. Among the various applications, the gynecology and urological applications are the most common, as these practices include an abundant number of procedures. As the prevalence of the chronic disease is increasing across the world, the significance of surgical microscopes is increasing. In the gynecological and urological practices, for the detection of cancers, laser surgeries, diagnostic procedures, etc., microscopes are used. The microscopes, like colonoscopy and endoscopy, give access to the inside of the bowel or colon and eases the surgery procedure. Due to the rising diseases associated with bowel movements, colonoscopy and endoscopy are widely being used.
The global Surgical Microscopes market is highly competitive and consists of a number of major players. Companies like Alcon (Novartis AG), Alltion (Wuzhou) Co., Ltd., ARI Medical Technology Co., Ltd., Haag-Streit Surgical GmbH, Leica Microsystems (Danaher), Olympus Corporation, Seiler Instrument Inc., Takagi Seiko Co. Ltd, Topcon, Zeiss International, among others, hold the substantial market share in the Surgical Microscopes market.
The major points covered in this research are:-
─Surgical Microscopes Market Overview, Segment by Type (Product Category), by Application, by Region (2020-2024), Competition by Manufacturers
─Global Market Size (Value) of Surgical Microscopes (2020-2024)
─Global Surgical Microscopes Capacity, Production, Revenue (Value), Supply (Production), Consumption, Export, Import by Region (2020-2024)
─Global Surgical Microscopes Production, Revenue (Value), Price Trend by Type
─Global Surgical Microscopes Market Analysis by Application
─Global Surgical Microscopes Manufacturers Profiles/Analysis
─Surgical Microscopes Manufacturing Cost Analysis
─Industrial Chain, Sourcing Strategy, and Downstream Buyers
─Marketing Strategy Analysis, Distributors/Traders
─Market Effect Factors Analysis
─Global Surgical Microscopes Market Forecast (2020-2024)
─Research Findings and Conclusion
Irfan Tamboli (Sales)
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