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Surgical Microscopes Market Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2027
Surgical Microscopes Market Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2027
Global Surgical Microscopes Market Sizeheld a market value of USD 574.34 million in 2017 and is projected to grow at a CAGR of 11.63% over the forecast period.

Market Highlights:

Global Surgical Microscopes Market  Shareheld a market value of USD 574.34 million in 2017 and is projected to grow at a CAGR of 11.63% over the forecast period.

Surgical microscopes are electrically or mechanically operated optical devices that are designed specifically for use in surgical settings for performing microsurgeries. They have lenses that offer illuminated image, stereoscopic vision, and magnification of surgical areas. Surgical microscopes have extensive applications including gynecology, urology, plastic and reconstructive surgery, oncology, dentistry, ENT surgery, ophthalmology, neurosurgery and spine surgery, and others.

Surgical Microscopes Market Drivers and Restraints

Various factors are adding to the global surgical microscopes market share. These factors, as per the new MRFR report, include customized microscopy solutions, technological advances, advances in healthcare facilities, burgeoning need for MIS, rising number of surgeries, rising use of FIGS (fluorescence image-guided surgery), advancements in the medical sector to develop better surgical approaches, rising number of surgical procedures, and growing demand for surgeries that are minimally invasive.

On the contrary, the high cost of devices, lack of skilled medical infrastructure, and strict regulatory norms are factors that may limit the surgical gloves manufacturers market growth over the forecast period.

Regional Analysis:
Geographically, the Americas is anticipated to dominate the global surgical microscopes market owing to the, rising number of the neurosurgeries, spinal surgeries, and ophthalmic surgeries, increasing awareness about dental hygiene leading to increase in dental procedures and surgeries. The development of the better surgical approaches and advanced treatment procedures have positively affected the growth of the American market. Moreover, high awareness among American population, state of the art medical infrastructure, high disposable income, are some of the many factors that drive the growth of the surgical microscopes market in this region.

Europe is expected to hold the second largest market share in the global surgical microscopes market. The market growth in this region is majorly attributed to the presence of large number of market players in the region and increasing government support for the device manufacturers. Geographical expansion of companies has led to the wider reach of the medical products and services which has brought a huge change in terms of the acceptance and implementation of the new products as well as procedures. Similarly, Asia-Pacific region has observed a rapid growth in the surgical microscopes market owing to increased rate in neurosurgeries in the Asian region. Moreover, the development in the medical sector in developing countries like India and China. Moreover, increase in government funding for healthcare, rising R&D expenditure, and growing number of medical device companies in the region has led to its fastest growth during the forecast period. The Middle East & Africa region is anticipated to show minor growth opportunities in the surgical microscopes market during the forecast period.

Market Segmentation:
The Market Research Future Report provides an inclusive segmental analysis of the global surgical microscopes market based on end user, application, and type.

By types, the surgical microscopes market is segmented into ceiling mounted microscopes, table top microscopes, wall mounted microscopes, and on casters microscopes. Of these, on casters microscopes will lead the market over the forecast period for its ease of use.

By application, the surgical microscopes market is segmented into gynecology, urology, plastic and reconstructive surgery, oncology, dentistry, ENT surgery, ophthalmology, neurosurgery and spine surgery, and others. Of these, neurosurgery and spine surgery will dominate the market over the forecast period, followed by ophthalmology.

By end users, the surgical microscopes market is segmented into academic & research institutes, physician’s clinics, hospitals, and other outpatient settings. Of these, hospitals will have lions share in the market over the forecast period. Meanwhile, physician’s clinic will grow at the fastest pace over the forecast period for rising cases of ophthalmic surgeries and increasing awareness about dental hygiene and aesthetics.

Key Players:
Some of the prominent players in the global surgical microscopes market are Accu-Scope Inc., Alltion (Wuzhou) Co., Ltd., Arri Medical (Arri Group), Carl Zeiss AG, Danaher Corporation, Haag-Streit Surgical GmbH, Leica Microsystems GmbH, Novartis AG, Olympus Corporation, Seiler Precision Microscopes, Takagi Seiko Co. Ltd., and Topcon Medical Systems, Inc.
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