SURGICAL MICROSCOPES MARKET ANALYSIS

Surgical Microscopes MarketSize and Trends

Global surgical microscopes market is estimated to be valued at US$ 1,096.8 million in 2022 and is expected to exhibit a CAGR of 9.7% during the forecast period (2022-2030).

Figure 1. Global Surgical Microscopes Market Share (%), by Configuration, 2022

Global Surgical Microscopes Market- Drivers

There are different types of surgical microscopes used for performing various surgeries such as dental surgeries, ophthalmic surgeries, and other minimally invasive surgeries. For instance, dentistry microscopes help in improving the quality of examination and treatment in dentistry. Dentistry microscopes have application in restorative dentistry, endodontics, and dental implants. Thus, increasing number of dental disorders along with technological innovations are expected to drive growth of the segment over the forecast period. For instance, in March 2022, according to the World Health Organization Fact sheet, approximately, globally 3.5 billion people are affected by oral diseases. Therefore, increasing demand for high precision dental procedures is expected to drive growth of the segment over the forecast period.

Figure 2.Global Surgical Microscopes Market Share (%), by Region, 2022

Global Surgical Microscopes Market– Impact of Coronavirus (COVID -19) Pandemic

Since the COVID -19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization had declared it a public health emergency on January 30, 2020.

COVID -19 has affected the economy in three main ways: by directly affecting production and demand of drugs and vaccines, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries, such as China, India, Saudi Arabia, U.A.E., Egypt, and others, faced problems with regard to the transportation of drugs and vaccines from one place to another.

However, the COVID -19 pandemic had a negative impact on performance of different surgery For instance, in May 2021, Anesthesia: Essays and Researches a Quarterly peer-reviewed international journal, published an observational study to assess the impact of COVID 19 infection, on maternal as well as the effect on neonates during the surgery under spinal anesthesia.

Around 115 COVID 19 positive pregnant patients were taken for cesarean section under spinal anesthesia in the tertiary care hospital. According to the study, managing the obstetric emergencies in COVID 19 pandemic is a real challenge as the women need timely care and the intervention to save the life of both mother and child.