Surgical Microscopes Market Research Report – Forecast till 2030

Surgical Microscopes Market Research Report by Type (on casters, wall mounted, and others), Application (ophthalmology, ENT surgery, dentistry, and others), End user (hospitals, physician’s clinic, and others)- Forecast Till 2030

ID: MRFR/HC/5600-HCR | December 2022 | Region: Global | 130 Pages         

Surgical Microscopes Market

surgical microscopes market held a market value of USD 1,184.34 million in 2030 and is projected to grow at a CAGR of 10.94% over the forecast period

Segmentation

By Type on casters wall mounted others
By Application Ophthalmology ENT surgery dentistry others
End user hospitals physician’s clinic others
By Region Americas Europe Asia-Pacific Middle East & Africa

Key Players

  • Accu-Scope Inc.
  • Alltion (Wuzhou) Co. Ltd.
  • Arri Medical (Arri Group)
  • Carl Zeiss AG
  • Danaher Corporation
  • Haag-Streit Surgical GmbH
  • Leica Miacrosystems GmbH
  • Novartis AG
  • Olympus Corporation
  • Seiler Precision Microscopes

Drivers

  • Increasing number of surgical procedures
  • High demand for the minimally invasive surgeries
  • Continuous development in the medical sector
Speak to Analyst Request a Free Sample

Surgical Microscopes Market Overview


The worldwide surgical microscopes market is projected to generate approximately USD 1,184.34 million by the end of the year 2030. However, the same market is estimated to grow at a CAGR of 10.94% during the review period. In general, surgical microscopes are considered optical microscopes designed specifically to use in the surgical landscape. The surgical microscopes are beneficial for microsurgeries due to their high magnification resolution. Also, the surgical microscopes are beneficial for disinfection and component sterilization to make sure the complete cross-infection control can be customized. It has been found that the basic surgical microscopes cost some thousand dollars, while the advanced versions consist of high costs.


The global surgical microscopes market growth is propelling due to the rising demand for minimally invasive surgeries, rising surgical procedures, rising use of fluorescence image-guided surgery (FIGS), and customized microscopy solutions development. Moreover, the medical sector is highly focused on developing better surgical approaches, which is fuelling the growth of the global market in the forecast period. However, the worldwide market might get hampered due to several factors, such as the lack of required medical infrastructure in underdeveloped and developing regions, stringent regulatory norms, and the high cost of microscopic devices.


Segmentation


The surgical microscopes market has been segmented into type, application and end user.


Based on types, the market has been segmented into, On casters microscopes, wall mounted microscopes, table top microscopes, and ceiling mounted microscopes. The on casters microscopes segment is expected to account for the largest share in the surgical microscopes market in 2017. This large share is majorly attributed to its convenience in the use as compared to other products.


Based on application, the market has been segmented into neurosurgery & spine surgery, ophthalmology, ENT surgery, dentistry, oncology, plastic & reconstructive surgery, urology, gynecology, and other. The neurosurgery & spine surgery segment is expected to account for the largest share in the surgical microscopes market in 2017 followed by ophthalmology segment.


Based on end users, the market has been segmented into hospitals, physician’s clinic, academic and research institutes, and other outpatient settings. The hospitals segment is expected to account for the largest share in the surgical microscopes market in 2017. At the same time, the high awareness about the aesthetics, dental hygiene and increasing rate of ophthalmic surgical cases in the developed and developing countries has led physician’s clinic segment to grow at the fastest rate during the forecast period.


Based on the regions, the market for surgical microscopes is segmented in to, the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The surgical microscopes market in the Americas region has further been segmented into North America and South America, where-in the North American market is further divided into the US and Canada.


European surgical microscopes market has been segmented into Western Europe and Eastern Europe where-in Western Europe region is further divided into Germany, France, the UK, Italy, Spain, and the rest of Western Europe. 


The surgical microscopes market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The surgical microscopes market in the Middle East & Africa has been segmented into regions such as the Middle East & Africa.


Key players


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. are some of the key players in the surgical microscopes market.


Regional Market Summary


Surgical Microscopes Market Share (%), by Region, 2017



Source: White Papers, Company Presentations, Annual Reports


Geographically, the Americas is anticipated to dominate the 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 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.


Surgical Microscopes Market, by Type:



  • On Casters

  • Wall Mounted

  • Table Top

  • Ceiling Mounted


Surgical Microscopes Market, by Application:



  • Neurosurgery and Spine Surgery

  • Ophthalmology

  • ENT Surgery

  • Dentistry

  • Oncology

  • Plastic & Reconstructive Surgery

  • Urology

  • Gynecology

  • Others


Surgical Microscopes Market, by End User:



  • Hospitals

  • Physician’s Clinic

  • Research & Academic Institutes

  • Other Outpatient Settings


Surgical Microscopes Market, by Region:



  • Americas

    • North America

      • US

      • Canada



    • South America



  • Europe

    • Western Europe

      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe



    • Eastern Europe



  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  •  Middle East & Africa

    • Middle East

    • Africa




Surgical Microscopes Market, by Key Players:



  • 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.

  • Topcon Medical Systems, Inc.

  • Others


Recent Development


August 2016


In August 2016, a Greenough type stereoscopic binocular microscope named the slit-lamp 30GL Microscope was introduced by the prominent player Takagi Seiko Co. Ltd (Japan). It has aimed to provide stress-free observation and easy fusion of images. The company has received benefits with this launch as it has enhanced its product offerings in the segment of operating microscopes. This company launched its Slit Lamp 4ZL Microscope in the same month and year, which is considered a Galilean converging binocular stereo microscope. It has helped the company to enhance its offerings related to products.

Intended Audience:



  • Surgical Microscopes Manufacturers and Distributors

  • Dental and Medical Device Companies

  • Contract Research Organizations

  • Academic and Research Institutes

  • Government Associations



Report Scope:

Report Attribute/Metric Details
  Market Size

  • 2017: USD 574.34 Million
  • 20230 1,184.34
  •   CAGR   10.94% (2020-2030)
      Base Year   2019
      Forecast Period   2020-2030
      Historical Data   2018
      Forecast Units   Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Type, Application and End user
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   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.
      Key Market Opportunities   New product launches and R&D Amongst major key Players
      Key Market Drivers

  • Increasing number of surgical procedures
  • High demand for the minimally invasive surgeries
  • Continuous development in the medical sector


  • Speak to Analyst Ask for Customization

    Frequently Asked Questions (FAQ) :

    The surgical microscope had a valuation of USD 574.34 million in 2017.

    The surgical microscope market has a possibility of growing with 10..94% CAGR during the forecast period of 2020 to 2030.

    The surgical microscope market could be prevented from growth by high cost, strict regulations, and lack of medical infrastructure.

    The surgical microscope market has different types like tabletop microscopes, wall-mounted microscopes, on casters microscopes, and ceiling mounted microscopes.

    End users like academic & research institutes, physician’s clinics, hospitals, and other outpatient settings are linked with the surgical microscope market.