World Surgical Microscope Market is estimated to reach $818 million at a CAGR of 8.9% by 2022 : Acute Market Reports
The global surgical microscope market accounted for $447 million in 2015 and is estimated to reach $818 million by 2022, registering a CAGR of 8.9% during the forecast period. Surgical microscope is a mechanically or electrically operated optical device, specifically designed for use in surgical settings to perform microsurgeries. It has a combination of lenses, which provides magnification, stereoscopic vision, and illuminated image of the surgical area. Surgical microscopes are ergonomically designed to provide strain-free operation to users. These microscopes find applications in dentistry, ENT, gynecology, urology, neurosurgery & spine surgery, oncology, ophthalmology, and plastic & reconstructive surgeries.
Browse Full Report Visit – http://www.acutemarketreports.com/report/surgical-microscopes-market-report
Growth in global ageing population, growing adoption of minimally invasive surgeries, increase in R&D activity in life science vertical sector, and growth in health care infrastructure, are some of the major factors that contribute in the growth of global surgical microscope market. However, high cost of equipment in developing region would hamper the growth of the market.
Top Investment Pockets :
Government of various countries have funded in research and development activities across the globe to support and facilitate medical advancements. Moreover, healthcare sector in developing countries has undergone rapid development in the recent years. The emerging economies such as India and China have increased their spending on healthcare facilities, which has created a positive environment for the market players. Due to this, stakeholders across the value chain are optimistic about the growth of surgical microscopes market in the emerging economies. Globally, EXIM (export-import) promotion councils, trade policies agencies focus on technology transfer, improved regulatory environments to promote international trade to improve healthcare infrastructure, which creates growth opportunities for key players based in North America and Europe.
The adoption of surgical microscopes for ENT application is driven by growing geriatric population, increasing prevalence of chronic sinusitis, increasing adoption of minimally invasive ENT surgeries, and supportive reimbursement policies for ENT surgeries. In addition, dentistry segment is expected to witness significant growth, especially in the developing regions due to increasing number of out-patient facilities and increasing per capita healthcare expenditure. Growth in neurosurgery & spine surgery application segments is expected to be driven by growing research and development activities on tissue clearing and targeted cell labeling for brain functions.
Browse All Reports of This Category – http://www.acutemarketreports.com/category/medical-equipments-market
TOP WINNING STRATEGIES, 2011‐2016 (%)Key players in the global surgical microscopes market adopted different business strategies such as capacity and business expansion, partnerships, mergers, acquisitions, and product & application development to survive in the global competitive market. The data pertaining to market players and their strategic moves are gathered through press releases of the respective companies, various blogs available on their websites, and primary calls made to the experts in the industry.
Application Segment Review:Ophthalmology segment would continue to dominate the market throughout the forecast period due to increase in population going for ophthalmology surgeries, worldwide. This is further anticipated, rapid increase in the population aged 65 and above by 2025, which accounts for the highest prevalence and incidence of eye diseases. Moreover, ENT and plastic & reconstructive surgery segment is projected to grow at a CAGR of 9.3% and 9.1% respectively. Growth in geriatric population, increase in prevalence of chronic sinusitis along with rise in adoption of minimally invasive ENT surgeries and reimbursement for ENT surgeries mainly drive surgical microscopes for ENT application. In addition, dentistry segment is expected to witness significant growth, especially in the developing regions due to increase in the number of outpatient facilities and the per capita healthcare expenditure.
End users and Price Range Segment Review:Among the end users outpatients facility dominated the global surgical microscopes market in 2015 and is expected to remain dominant during the forecast period due to increase in number of ambulatory surgeries worldwide and rise in number of clinics for dentistry and ENT surgeries. In addition, low price range surgical microscopes accounted for 42.6% shares in 2015.
Geographic Review:Asia-Pacific and LAMEA are the potential target areas for investment by key players in the operating market. Asia-Pacific is anticipated to be the fastest growing market due to increase in population, expansion of healthcare infrastructure and favorable scenarios for medical reimbursement programs in developing countries such as India and ASEAN. In addition, North America is dominant segment accounting for one-third share in 2015, followed by Europe, which are expected to expand significantly, owing to the increase in geriatric population, technology advancements, and growth in developments in life science vertical.On country level, China dominates the Asia-Pacific surgical microscopes market, and is expected to maintain its dominance throughout the forecast period. This is attributed to increase in public healthcare expenditure and changes in demographics in the country.
The report provides comprehensive analyses of the key players operating in the surgical microscope market such as ACCU-SCOPE, Inc., Alltion (Wuzhou) Co., Ltd., Haag-Streit U.S., Alcon Laboratories, Inc., Olympus Corporation, Leica Microsystem GmbH, ARRI AG, Carl Zeiss, Global Surgical Corporation, Topcon Medical Systems, Inc., and TAKAGI SEIKO CO., LTD.,
SURGICAL MICROSCOPES MARKET KEY BENEFITS
- The projections in the report are based on the analysis of the current market trends and future market potential for the period of 2014‐2022 in terms of value and volume.
- The segmentation of the surgical microscopes market based on region is provided to understand the ongoing trends across various geographies.
- Exhaustive analysis of the global surgical microscopes market by end user helps understand the penetration level of surgical microscopes in various applications across different regions and countries.
- In-depth analysis of current research and developments in the surgical microscopes is provided along with key market dynamic factors to understand the market dynamics.
- Extensive analysis of the market is conducted by following key product positioning and monitoring the top contenders in the market.
- Key players in the surgical microscopes market are profiled in the report and their strategies are analyzed thoroughly to understand the competitive outlook of the market.
SURGICAL MICROSCOPES MARKET KEY SEGMENT:
The global surgical microscopes market is segmented as below:
Gynecology & Urology
Neurosurgery & Spine Surgery
Plastic and Reconstructive Surgery
By Price Range
Rest of Europe
Rest of Asia-Pacific
Chapter: 1 INTRODUCTION
1.1 Report description
1.2 Key market benefits
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
Get Complete Report @ Surgical Microscopes Market 2022
Chapter: 2 EXECUTIVE SUMMARY
2.1 CXO perspective
Chapter: 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top investment pockets
22.214.171.124 Top investment pockets, by application
3.2.2 Top investment pockets, by region
3.2.3 Top winning strategies
3.3 Porter’s Five Forces Analysis
3.3.1 Bargaining power of suppliers
3.3.2 Bargaining power of buyers
3.3.3 Threat of new entrants
3.3.4 High intensity of rivalry
3.3.5 Threat of substitutes
3.3 Top player positioning, 2015
Latest Reports :
Global Renal Denervation Market 2022
About – Acute Market Reports :
Acute Market Reports is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements.We provide online reports from over 100 best publishers and upgrade our collection regularly to offer you direct online access to the world’s most comprehensive and recent database with expert perceptions on worldwide industries, products, establishments and trends.
Our team consists of highly motivated market research professionals and they are accountable for creating the groundbreaking technology that we utilize in our search engine operations to easily recognize the most current market research reports online.
Contact Us :
ACUTE MARKET REPORTS
Office No 101, 1st Floor ,
Aditi Mall, Baner,
Pune, MH, 411045
Toll Free(US/CANADA): +1-855-455-8662
India: +91 7755981103
Email : firstname.lastname@example.org
Website : http://www.acutemarketreports.com