Surgical Microscopes Market to be Worth $2.9 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, Oct. 12, 2022 /PRNewswire/ -- The global surgical microscopes market size is expected to reach USD 2.9 billion by 2030, growing at a CAGR of 11.37% from 2022 to 2030, based on a new report by Grand View Research, Inc. With the advent of surgical microscopes, it became easier for surgeons to perform such procedures more accurately in less time.

Key Industry Insights & Findings from the report:

• On casters was the largest type segment in 2021 due to the high portability & flexibility and low maintenance requirements of these tools. Moreover, the segment is expected to register the fastest growth over the forecast period due to the high use of casters microscope in various surgical fields.
• The ophthalmology application segment accounted for the maximum revenue share in 2021. However, the ENT surgery segment is expected to register the fastest CAGR from 2022 to 2030. According to data published by The Children's Hospital of Philadelphia, tympanostomy tube insertion surgery, also known as ear tube surgery, is the most commonly performed surgery in children in the U.S. More than 4,000 ear tube surgeries are performed each year at the hospital. Thus, an increasing number of ENT procedures is likely to favor segment growth.
• Carl Zeiss Meditec AG and Leica Microsystems (Danaher Corporation) are the major players in the surgical microscopes market. Launch of new products, acquisitions, and geographic expansion are some of the strategies being adopted by key players in the market. In February 2019, Danaher Corporation acquired the Biopharma business of GE Healthcare, which also includes microscopy products the company.
• Manufacturers such as Alcon, Nikon, and Carl Zeiss reported the decreases in the revenue in the second quarter of the year 2020 due to the impact of the COVID-19 pandemic which affected the supply chain of most of the companies. Currently, most of the companies have resumed their business and are delivering orders within the given guidelines pertaining to the COVID-19 pandemic.

Browse Life Science Microscopes Industry Data Book - Surgical, In-vitro Fertilization, Super Resolution And Scanning Electron Microscopes Market Size, Share, Trends Analysis And Segment Forecasts, 2022 – 2030

Surgical Microscopes Market Growth & Trends

In addition, the introduction of technologically advanced products is driving the demand for surgical microscopes as they are more precise, offer better illumination sources, and provide options for customization and technology integration based on the complexity of the procedures.

Emerging technologies such as wide-angle illumination, Red Reflex illumination, automation and augmented reality microscopy are expected to boost the market growth. International players like Carl Zeiss Meditec AG and Leica Microsystems are contributing to the market by providing highly advanced, automated, and robotic surgical microscopes for more precision.

In response to the COVID-19 pandemic, hospitals decided to suspend all the elective and non-urgent surgeries, which has negatively impacted the market. However, with the ease of restrictions, treatments are resuming in many countries, including developing nations. Also, many companies, such as Alcon and Carl Zeiss, have resumed their business operations with the given government guidelines to deliver their orders.

Surgical Microscopes Market Segmentation

Grand View Research has segmented the global surgical microscopes market based on type, application, end-use, and region:

Surgical Microscopes Market - Type Outlook (Revenue, USD Million, 2017 - 2030)

• On Casters
• Wall Mounted
• Tabletop
• Ceiling Mounted

Surgical Microscopes Market - Application Outlook (Revenue, USD Million, 2017 - 2030)

• Neurosurgery and Spine Surgery
• ENT Surgery
• Dentistry
• Gynecology
• Urology
• Ophthalmology
• Plastic & Reconstructive Surgeries
• Other Surgeries

Surgical Microscopes Market - End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Hospital
• Physician Clinics and Other Settings

Surgical Microscopes Market - Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Italy
• Spain
• Asia Pacific
• Japan
• China
• India
• Australia
• South Korea
• Latin America
• Brazil
• Mexico
• Argentina
• Middle East & Africa (MEA)
• South Africa
• Saudi Arabia
• UAE

List of Key Players of the Surgical Microscopes Market

• Carl Zeiss Meditec AG
• Olympus Corporation
• Leica Microsystems
• Alcon, Inc.
• Takagi Seiko Co., Ltd.
• Topcon Corporation
• Seiler Instrument, Inc.
• Haag-Streit Surgical Gmbh
• ARI Medical Technology Co., Ltd.
• Synaptive Medical
• Chammed Co, Ltd.

Check out more related studies published by Grand View Research:

• Microscope Market - The global microscope market size is expected to reach USD 20.4 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.97% over the forecast period. High demand from the healthcare sector and the rapidly growing semiconductor industry are among the key factors boosting the market growth.
• Scanning Electron Microscopes Market - The global scanning electron microscopes market size is expected to reach USD 6.5 billion by 2028, registering a CAGR of 8.52% over the forecast period, according to a new report by Grand View Research, Inc. Rising demand for nanotechnology-based research and growing R&D innovation in application areas are anticipated to serve as key growth drivers.
• Super-resolution Microscopes Market - The global super-resolution microscopes market size is expected to reach USD 6.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.01% from 2022 to 2030. Increasing application in cell biology and biomedical imaging is a key factor expected to drive the market over the forecast period.

GVR has curated a list of micro markets to provide a holistic view of industry performance. We focus on critical applications and end-use to give all stakeholders a detailed perspective. The data books are available in interactive dashboards and services start at US$ 500 per month.

Browse Micro-Markets & Industry Data Books from Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
Grand View Compass | Astra ESG Solutions
Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg