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17-Jul-2019

Surgical Microscopes Market Will Grow 10.5% to a Record $ 1.5 Billion by 2026

The Global Surgical Microscopes Market Size to touch valuation around USD 1.5 billion by 2026, this market is anticipated to grow with 10.5% CAGR during the forecast time period 2018 to 2026.

The growing incidence of chronic conditions, such as cancer, where surgical involvement is one of the primary treatment lines is another factor that initiates the growth in market. According to statistics of World Health Organization (WHO), cancer causes around 14% deaths globally. Surgical microscope is an electronically operated device, exactly designed for use in surgical settings to do microsurgeries. The demand for surgical microscopes as surgical instruments decrease the operating time for patients and increase the diagnostic efficiency. As a result, the global market is expected to witness stable growth over the forecast period.

Understanding of Surgical Microscope

The global surgical microscopes market is projected to record a progress rate of CAGR of 10.5% during the forecast period, 2018-2026. The surgical microscopes are of different types, such as on wall mounted, casters, table-top, and ceiling mounted microscopes. Microscopes on-casters are the devices mounted on compound, double, or single wheels. Mounting on wheels deliver users a choice of portability, greater flexibility and cleaning capabilities. The on casters microscope segment believed to hold a noteworthy market share in 2018 and help to grow CAGR over the forecast period. Hospital is the major end-users for operating surgical microscopes. Increasing number of surgeries and supportive government financing abilities, higher volume of patients and surgeries, and greater financing skills are the high impact for rising market.

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North America Dominate the Surgical microscopic markets

The surgical application segments include ophthalmology, cardiovascular disorders, ENT surgery, dentistry, oncology, gynecology, urology, neurosurgeries, and spine surgeries. Oncology held the foremost market share of around 30.0% in 2018.The key growth factor for market is the rise in decrepit population. As the decrepit population increases, there is also an increase in cancer and cardiovascular disorders.

As per World Health Organization (WHO) records roughly 7.8 million people die from cancer each year. The treatment involves microsurgery and surgical intervention. North America is expected to control the surgical microscope market over the forecasted period, owing to expanding incidence of chronic disorders, growing acceptance of minimally invasive surgeries (MIS), and technological progressions in surgical microscopes. On the contrary, Asia Pacific is predicted to see productive growth over the forecast period.

Lack of Expert Professionals Could Curb The Market Growth

The dearth of expert professionals and insufficient technical knowledge about the handling of instruments can detain the growth of this market over the forecasted period. As per the Growth in surgical market the proper technical training should be provided and approximately around 15000 surgical technologists who helps the surgeons to facilitate the surgical procedures will be needed by 2026 to function skillfully. The lack of suitable career education, training, and skills are the major reasons behind the gap. Recently due to high cost of surgical market it will act as limit to low acceptance. But, the new innovations and increasing technology the surgical microscope will be compact and cost effective. Technological advancements in terms of enhanced visibility, portability, and stability are anticipated to be the crucial factors for market growth. Some of the mother factors for market growth include the extensive use of FIGS, increase in number of ophthalmic and dental surgeries, improvements in healthcare facilities, and modified solutions.

Government reinforce to help surgical microscopes market development in Asia Pacific

Surgical microscope devices market is emerging at a fast level due to growth in the number of surgeries and advancement in the healthcare facilities. The surgical microscopes market by comprises North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Governments of various countries have sponsored the research amp; development activities across the globe to support and facilitate medical advancements. Globally trade policies agencies focus on technology transfer, better regulatory environments to endorse international trade to improve healthcare infrastructure, which creates growth opportunities for North America and Europe. North America supposed to have market shares of around 38.0% in 2018. Asian countries like India and China is one of the fastest developing market due to its population along with its economic development and existence of enormous potential associated with healthcare services

Key Players

The key players in surgical microscopes market are Leica Microsystems, Novartis AG Allition (Wuzhou) Danaher Corporation, Topcon Corporation (Japan), Carl Zeiss AG (Germany), Takagi Corporation and Seiler Precision Microscopes.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW 1.1. Definition and Scope 1.1.1. Definition of Surgical Microscope 1.1.2. Market Segmentation 1.1.3. List of Abbreviations 1.2. Summary 1.2.1. Market Snapshot 1.2.2. Surgical Microscope Market By Type 1.2.2.1. Global Surgical Microscope Market Revenue and Growth Rate Comparison By Type (2015-2026) 1.2.2.2. Global Surgical Microscope Market Revenue Share By Type in 2017 1.2.2.3. On Caster 1.2.2.4. Wall-Mounted 1.2.2.5. Others 1.2.3. Surgical Microscope Market By Application 1.2.3.1. Global Surgical Microscope Market Revenue and Growth Rate Comparison By Application (2015-2026) 1.2.3.2. Global Surgical Microscope Market Revenue Share By Application in 2017 1.2.3.3. Ophthalmology 1.2.3.4. Oncology 1.2.3.5. Neurosurgery amp; Spine 1.2.3.6. Others 1.2.4. Surgical Microscope Market by Geography 1.2.4.1. Global Surgical Microscope Market Revenue and Growth Rate Comparison by Geography (2015-2026) 1.2.4.2. North America Surgical Microscope Market Revenue and Growth Rate (2015-2026) 1.2.4.3. Europe Surgical Microscope Market Revenue and Growth Rate (2015-2026) 1.2.4.4. Asia-Pacific Surgical Microscope Market Revenue and Growth Rate (2015-2026) 1.2.4.5. Latin America Surgical Microscope Market Revenue and Growth Rate (2015-2026) 1.2.4.6. Middle East and Africa (MEA) Surgical Microscope Market Revenue and Growth Rate (2015-2026) CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS 2.1. Market Drivers 2.2. Restraints and Challenges 2.3. Growth Opportunities 2.4. Porterrsquo;s Five Forces Analysis 2.4.1. Bargaining Power of Suppliers 2.4.2. Bargaining Power of Buyers 2.4.3. Threat of Substitute 2.4.4. Threat of New Entrants 2.4.5. Degree of Competition 2.5. Value Chain Analysis 2.6. Cost Structure Analysis 2.6.1. Raw Material and Suppliers 2.6.2. Manufacturing Process Analysis 2.7. Regulatory Compliance 2.8. Competitive Landscape, 2017 2.8.1. Player Positioning Analysis 2.8.2. Key Strategies Adopted By Leading Players CHAPTER 3. MANUFACTURING PLANTS ANALYSIS 3.1. Capacity and Commercial Production Date of Global Surgical Microscope Major Manufacturers in 2017 3.2. Manufacturing Plants Distribution of Global Surgical Microscope Major Manufacturers in 2017 3.3. Ramp;D Status and Technology Source of Global Surgical Microscope Major Manufacturers in 2017 3.4. Raw Materials Sources Analysis of Global Surgical Microscope Major Manufacturers in 2017 CHAPTER 4. SURGICAL MICROSCOPE MARKET BY TYPE 4.1. Global Surgical Microscope Revenue By Type 4.2. On Caster 4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million) 4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) 4.3. Wall-Mounted 4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million) 4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) 4.4. Others 4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million) 4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) CHAPTER 5. SURGICAL MICROSCOPE MARKET BY APPLICATION 5.1. Global Surgical Microscope Revenue By Application 5.2. Ophthalmology 5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million) 5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) 5.3. Oncology 5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million) 5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) 5.4. Neurosurgery amp; Spine 5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million) 5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) 5.5. Others 5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million) 5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) CHAPTER 6. NORTH AMERICA SURGICAL MICROSCOPE MARKET BY COUNTRY 6.1. North America Surgical Microscope Market Revenue and Growth Rate, 2015 - 2026 ($Million) 6.2. North America Surgical Microscope Market Revenue Share Comparison, 2015 amp; 2026 (%) 6.3. U.S. 6.3.1. U.S. Surgical Microscope Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 6.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 6.4. Canada 6.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 6.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 6.5. Mexico 6.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 6.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) CHAPTER 7. EUROPE SURGICAL MICROSCOPE MARKET BY COUNTRY 7.1. Europe Surgical Microscope Market Revenue and Growth Rate, 2015 - 2026 ($Million) 7.2. Europe Surgical Microscope Market Revenue Share Comparison, 2015 amp; 2026 (%) 7.3. UK 7.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 7.4. Germany 7.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 7.5. France 7.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 7.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 7.6. Spain 7.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 7.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 7.7. Rest of Europe 7.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 7.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) CHAPTER 8. ASIA-PACIFIC SURGICAL MICROSCOPE MARKET BY COUNTRY 8.1. Asia-Pacific Surgical Microscope Market Revenue and Growth Rate, 2015 - 2026 ($Million) 8.2. Asia-Pacific Surgical Microscope Market Revenue Share Comparison, 2015 amp; 2026 (%) 8.3. China 8.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 8.4. Japan 8.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 8.5. India 8.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 8.6. Australia 8.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 8.7. South Korea 8.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 8.8. Rest of Asia-Pacific 8.8.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 8.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) CHAPTER 9. LATIN AMERICA SURGICAL MICROSCOPE MARKET BY COUNTRY 9.1. Latin America Surgical Microscope Market Revenue and Growth Rate, 2015 - 2026 ($Million) 9.2. Latin America Surgical Microscope Market Revenue Share Comparison, 2015 amp; 2026 (%) 9.3. Brazil 9.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 9.4. Argentina 9.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 9.5. Rest of Latin America 9.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) CHAPTER 10. MIDDLE EAST SURGICAL MICROSCOPE MARKET BY COUNTRY 10.1. Middle East Surgical Microscope Market Revenue and Growth Rate, 2015 - 2026 ($Million) 10.2. Middle East Surgical Microscope Market Revenue Share Comparison, 2015 amp; 2026 (%) 10.3. Saudi Arabia 10.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 10.4. UAE 10.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 10.5. Rest of Middle East 10.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) CHAPTER 11. AFRICA SURGICAL MICROSCOPE MARKET BY COUNTRY 11.1. Africa Surgical Microscope Market Revenue and Growth Rate, 2015 - 2026 ($Million) 11.2. Africa Surgical Microscope Market Revenue Share Comparison, 2015 amp; 2026 (%) 11.3. South Africa 11.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 11.4. Egypt 11.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 11.5. Rest of Africa 11.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) CHAPTER 12. COMPANY PROFILE 12.1. Leica Microsystems 12.1.1. Company Snapshot 12.1.2. Overview 12.1.3. Financial Overview 12.1.4. Product Portfolio 12.1.5. Key Developments 12.1.6. Strategies 12.2. Novartis AG Allition Danaher Corporation 12.2.1. Company Snapshot 12.2.2. Overview 12.2.3. Financial Overview 12.2.4. Product Portfolio 12.2.5. Key Developments 12.2.6. Strategies 12.3. Topcon Corporation 12.3.1. Company Snapshot 12.3.2. Overview 12.3.3. Financial Overview 12.3.4. Product Portfolio 12.3.5. Key Developments 12.3.6. Strategies 12.4. Carl Zeiss AG 12.4.1. Company Snapshot 12.4.2. Overview 12.4.3. Financial Overview 12.4.4. Product Portfolio 12.4.5. Key Developments 12.4.6. Strategies 12.5. Takagi Corporation 12.5.1. Company Snapshot 12.5.2. Overview 12.5.3. Financial Overview 12.5.4. Product Portfolio 12.5.5. Key Developments 12.5.6. Strategies 12.6. Seiler Precision Microscopes 12.6.1. Company Snapshot 12.6.2. Overview 12.6.3. Financial Overview 12.6.4. Product Portfolio 12.6.5. Key Developments 12.6.6. Strategies 12.7. Others 12.7.1. Company Snapshot 12.7.2. Overview 12.7.3. Financial Overview 12.7.4. Product Portfolio 12.7.5. Key Developments 12.7.6. Strategies CHAPTER 13. RESEARCH APPROACH 13.1. Research Methodology 13.1.1. Initial Data Search 13.1.2. Secondary Research 13.1.3. Primary Research 13.2. Assumptions and Scope

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Last Updated: 17-Jul-2019