Need for High-end Surgical Procedures to Magnify Demand for Surgical Microscopes Worldwide

Published Date : Mar 14, 2017

ALBANY, New York, March 14, 2017: has announced the addition of a new market intelligence study to its report repository. The publication is titled, “Global Surgical Microscope Market 2017-2021.” The study examines the growth of the market followed over the last few years and the prospects of growth in the near future, mainly in terms of sales. The research report details out the causes accountable for the variations in the market and analyses them thoroughly. The impact of certain trends has also been discussed in the report. It further provides data on the market shares, strategies, and products of leading companies. 

Surgical microscope is referred to as a mechanically or electrically operated optical equipment, generally intended for using in surgical settings in order to perform a broad range of surgeries linked to applications such as reconstructive and plastic surgery, ophthalmology, neurology, ENT, and dentistry. This requires a substantial high volume of precision at the time of the procedure. According to the report, the global surgical microscopes market is projected to rise at a CAGR over 12% by the end of 2021. The growing preference of consumers towards minimally invasive surgeries is expected to trigger the growth of the global surgical microscope market. A few years back, many surgical procedures were extensive and implicated painful incisions, resulting in scarring. 

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However, at present minimally invasive surgeries have witnessed significant progress both in terms of technical and scientific aspects, thus, making it the first choice regarding surgical procedures among doctors. Surgical microscopes are being highly used in minimally invasive procedures owing to their benefits such as capability to locate a target area at the time of surgeries. The integration and development of surgical microscope is a boon for the healthcare industry as it helps in minimizing bleeding instances and decreases the time needed for rehabilitation. The advent of hybrid operating rooms is expected to have positive impact on the growth of the market. To address the issues of a conventional operation room, hybrid room with advanced surgical microscopes came into being. As a result, the market for surgical microscopes took a substantial leap. 

On the basis of end user, the global surgical microscope market can be segmented into ASCs and hospitals. In 2016, the hospital segment emerged dominant and is envisaged to retain hold over the market during the forecast period. This segment is expected to exhibit exponential growth owing to the presence of a large geriatric population base, thus escalating the number of patients and enhancing the need for surgeries. 

Geographically, the Americas led the market in 2016 and is likely to retain a lead over the forecast period owing to the high aged population in the U.S. and need for high-end surgical procedures. The companies operating in the market are TAKAGI SEIKO, Leica Microsystems, ZEISS, and Alltion. 

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