Surgical Microscopes Market Share

  • Report ID: 4568
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Surgical Microscopes Market Share

North American Market Forecast

The North America surgical microscopes market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2033. The growth of the market can be attributed majorly to the rising prevalence of cardiovascular and cancer diseases, along with the growing number of surgeries in the region. For instance, from January 1, 2019, to January 30, 2021, approximately 14 125 570 surgical procedures were performed in the United States. Further, the increase in research and development activities, coupled with the presence of supportive reimbursement facilities for medical treatments are some major factors that are projected to push the market growth further throughout the forecast period in the region.

APAC Market Statistics

Furthermore, the Asia Pacific surgical microscopes market is also anticipated to display prominent market growth by the end of 2033. The growth of the market can be attributed to the increasing ratio of ophthalmic disorders, such as cataracts, diabetic retinopathy, myopia, and so on, that are estimated to drive the market’s growth during the forecast period. For instance, myopia is presently a serious public health concern in many East Asian countries, affecting between 82 to 91% of high school graduates, with around 12 to 20% having sight-threatening pathologic myopia. In addition to this, the surge in medical tourism and the escalating count of surgical procedures are some further factors that are anticipated to propel the market growth in the region in the projected time frame.

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Surgical Microscopes Market Size
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Author Credits:  Radhika Pawar

  • Report ID: 4568
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing number of ophthalmic surgeries, spiking number of cardiovascular diseases, rising trend of reconstructive surgeries, and escalating occurrence of chronic kidney disease (CKD) are some major factors driving the growth of the market.

The market is anticipated to attain a CAGR of ~14% over the forecast period, i.e., 2023 - 2033.

Heavy custom and excise duty levied by governments, high price of surgical microscopes, and lack of favorable reimbursement are estimated to be the growth hindering factors for the market expansion.

The market in the North America region is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Carl Zeiss Meditec AG, Leica Microsystems GmbH, Takagi Seiko Co., Ltd., ACCU-SCOPE Inc., Seiler Instrument & Manufacturing Company, Inc., ARI Medical Technology Co., Ltd., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, price range, application, end-user, and by region.

The oncology segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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