Global Surgical Microscopes Market By Type (Ceiling Mounted, On Casters, Table top, and Wall Mounted), By Application (ENT Surgery, Dentistry, Gynaecology, Neurosurgery and Spine Surgery, and Other Applications), By End-Use (Hospital, and Physician Clinics and Other Settings), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032
- Published date: Jun 2022
- Report ID: 44971
- Number of Pages: 228
- Format:
- keyboard_arrow_up
Surgical Microscopes Market Overview:
The global surgical microscopes market was worth USD 1,632.1 million in 2021. It is projected to grow at a CAGR of 10.9% between 2023 and 2032.
The market is expected to grow due to an increasing number of surgical procedures and the demand for greater precision. Emerging technologies such as wide-angle, red reflex, and AR microscopy (AR) are also expected to increase their growth. The surgical microscope has become an indispensable tool in minimally invasive procedures across many fields including neurosurgery and dental surgery. The product’s technological advancements have greatly improved vision, stability, positioning, recording, and positioning capabilities. They also allow for the integration of image-guided microscopy systems to improve outcomes. They provide 3D visualization, optimal lighting, and magnification for deep surgical fields using small approaches.
Global Surgical Microscopes Market Scope:
Type Analysis
The market was dominated by the on-casters category with a 79% revenue share in 2021. The market can be divided into ceiling-mounted, wall-mounted, and tabletop casters. Floor-mounted microscopes that are equipped with retractable casters have on-casters microscopes. They can be mounted on either single, double, or complex wheels. Surgical microscopy using casters can be used in a majority of surgical fields including neurosurgery, ophthalmology, and dental. Caster-mounted microscopes take up less space and can be moved in any direction that surgeons prefer. This has supported the segment’s growth. Wall-mounted surgical microscopes are expected to grow at a CAGR, of 11.9% over the forecast period. This segment held the second largest market share, followed by ceiling-mounted and tabletop microscopes. Wall-mounted microscopes are less popular due to their limitations, such as limited flexibility and maintenance concerns.
These microscopes can be used in operating rooms or examination rooms that have limited space. The wall-mounted microscopes have an integrated spring system that can be adjusted to suit a person’s weight. These factors contribute to the increased demand for wall-mounted microscopes. The market share for ceiling-mounted microscopes was the lowest.
Application Analysis
Ophthalmology accounted for the largest revenue share in 2021. This was due to factors like a growing patient pool, an increased demand for surgical equipment, and an increasing number of cataract surgeries. Many ophthalmic surgeries require surgical microscopes.
Laser eye surgery, corneal, glaucoma, and eye muscle surgeries are some of the most common. Oculoplastic surgeries are another. The segment growth is aided by the complex anatomy of the eyes and the availability of many products such as LeicaM822 F40/F20 or LeicaM844 F40/F20 for various ophthalmic conditions. Manufacturers are investing in product innovation to improve neurosurgery’s efficiency; as surgical microscopes play an important role in neurosurgeries. They provide better illumination and three-dimensional views. Leica Microsystem, for instance, launched Augmented Reality Imaging Technologies for Surgical Microscopes at the American Association of Neurological Surgeons Annual Scientific Meeting in 2017. This technology is intended to complement surgical microscope views and aid in neurological procedures.
End-Use Analysis
The hospital segment was the most dominant in terms of end-use in 2021. The market is divided into two segments: hospital and physician clinics, as well as other settings. Because of the greater number of patients admitted to hospitals and the better financing options, the hospital segment is the largest end-use segment for operational microscopes. Hospitals have the funding to buy the latest surgical equipment in order to streamline and improve the flow of operations. Mater Private Hospital Brisbane, for instance, installed the first 3D robotic surgical microscope within its neurosurgery operating rooms in 2019. From 2023 to 2032, physician clinics and other settings will experience the highest CAGR at 13.1%. This segment is driven by the availability of small-sized operational microscopes as well as the rapid growth of dentistry.
Кеу Маrkеt Ѕеgmеntѕ:
By Type
- Ceiling Mounted
- On Casters
- Tabletop
- Wall Mounted
By Application
- ENT Surgery
- Dentistry
- Gynecology
- Neurosurgery and Spine Surgery
- Other Applications
By End-Use
- Hospital
- Physician Clinics and Other Settings
Market Dynamics:
These microscopes are not only beneficial for surgeons, but also have physical benefits. They allow them to adjust their posture and perform long and complex procedures. These benefits, along with the rapid adoption of microsurgery are driving the market growth. Surgeons can now perform minimally invasive surgery with surgical microscopes. They allow them to magnify the anatomical structures surrounding the patient, which results in better patient outcomes and a shorter recovery time. Integration of the workflow within operating rooms has also helped to eliminate limitations associated with open surgery. Most surgeons now practice minimally invasive surgery in different surgical fields around the world. Due to their increasing disposable income, many people in emerging countries are willing to pay more for high-quality services. This will drive market growth over the forecast period. Patients have seen a significant improvement in their outcomes due to improvements in healthcare infrastructure and the adoption of technologically advanced devices in emerging countries. Due to increasing disposable income, people are choosing more expensive procedures, such as minimally invasive surgery, which require surgical microscopes because they provide better magnification and resolution. These factors have led to an increase in demand for medical equipment like surgical microscopes. This is driving the market growth.
Regional Analysis:
North America was the dominant market in the world, with 39.7% in 2021. This high share can be attributed to the existence of a supportive reimbursement scheme for medical treatments, and sophisticated healthcare facilities that have highly skilled neurosurgeons and cosmetic surgeons and are equipped with advanced tools. The region has a high prevalence of neurologic and ophthalmic disorders, which has helped to boost the market. The region is seeing innovative products from companies, which will also help to increase North American market growth. Med X Change, for example, launched a 4Klear “Lite”, the camera-only version in 2019.
Asia Pacific will experience the fastest CAGR at 13.1% between 2023 and 2032. The market is driven by rising ophthalmic conditions, medical tourism, and increasing inpatient and outpatient surgeries. The market is expected to grow due to favorable government policies that will improve the region’s healthcare system as well as rapid economic development in many of the countries.
Key Regions and Countries covered іn thе rероrt:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of MEA
Market Share & Key Players Analysis:
Key players in the market are using a variety of strategies to expand their product portfolio. These include new product launches, collaborations with hospitals and surgical centers for product installation, mergers and acquisitions, and product launch collaborations. Carl Zeiss, a provider of customized software solutions, acquired Saxonia Systems AG in 2020. Carl Zeiss Digital Innovation now manages the acquired company, providing customized software solutions for customers. The following are some of the most prominent players in the global market for surgical microscopes:
Маrkеt Кеу Рlауеrѕ:
- Ajinomoto Co, Inc.
- Carl Zeiss Meditec AG
- Leica Microsystems
- Olympus Corp.
- Hagg-Streit Surgical GmbH
- Synaptive Medical
- Alcon, Inc.
- Topcon Corp.
- Takagi Seiko Co., Ltd.
- ARI Medical Technology Co. Ltd.
- Chammed Co., Ltd.
- Seiler Instrument, Inc.
- Other Key Players
For the Surgical/Operating Microscopes Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Frequently Asked Questions (FAQ)
Q: What is the size of the surgical microscopes market in 2021?The Surgical microscopes market size is US$ 1,632.1 million in 2021.
Q: What is the projected CAGR at which the Surgical microscopes market is expected to grow at?The Surgical microscopes market is expected to grow at a CAGR of 10.9% (2023-2032).
Q: List the segments encompassed in this report on the Surgical microscopes market?Market.US has segmented the Surgical microscopes market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Type, the market has been segmented into Ceiling Mounted, On Casters, Tabletop, and Wall Mounted. By Application, the market has been further divided into ENT Surgery, Dentistry, Gynecology, Neurosurgery & Spine Surgery, and Other Applications. By End-Use, the market has been further divided into Hospital, Physician Clinics and Other Settings.
Q: List the key industry players of the Surgical microscopes market?Ajinomoto Co, Inc., Carl Zeiss Meditec AG, Leica Microsystems, Olympus Corp., Hagg-Streit Surgical GmbH, Synaptive Medical, Alcon, Inc., Topcon Corp., and Other Key Players engaged in the Surgical Microscopes market.
Q: Which region is more appealing for vendors employed in the Surgical microscopes market?North America is expected to account for the highest revenue share of 39.7%. Therefore, the Surgical microscopes industry in North America is expected to garner significant business opportunities over the forecast period.
Q: Name the key areas of business for Surgical microscopes?The US, Canada, UK, India, China, Japan, & Germany are key areas of operation for the Surgical Microscopes Market.
Q: Which segment accounts for the greatest market share in the surgical microscopes industry?With respect to the Surgical microscopes industry, vendors can expect to leverage greater prospective business opportunities through the on-casters segment, as this area of interest accounts for the largest market share.
- Ajinomoto Co, Inc.
- Carl Zeiss Meditec AG
- Leica Microsystems
- Olympus Corp.
- Hagg-Streit Surgical GmbH
- Synaptive Medical
- Alcon, Inc.
- Topcon Corp.
- Takagi Seiko Co., Ltd.
- ARI Medical Technology Co. Ltd.
- Chammed Co., Ltd.
- Seiler Instrument, Inc.
- Other Key Players
- settingsSettings
Our Clients
Single User
$5,999
$2,999
USD / per unit
save 50% |
Multi User
$7,999
$3,499
USD / per unit
save 55% |
Corporate User
$12,999
$4,499
USD / per unit
save 65% | |
---|---|---|---|
e-Access | |||
Data Set (Excel) | |||
Company Profile Library Access | |||
Interactive Dashboard | |||
Free Custumization | No | up to 10 hrs work | up to 30 hrs work |
Accessibility | 1 User | 2-5 User | Unlimited |
Analyst Support | up to 20 hrs | up to 40 hrs | up to 50 hrs |
Benefit | Up to 20% off on next purchase | Up to 25% off on next purchase | Up to 30% off on next purchase |
Buy Now ($ 2,999) | Buy Now ($ 3,499) | Buy Now ($ 4,499) |