Global Surgical Microscopes Market, by Product Type (Neurosurgery and spine surgery Microscopes, ENT Surgery Microscopes, Dentistry Microscopes, Oncology Microscopes, Gynecology Microscopes, Urology Microscopes, Ophthalmology Microscopes, Plastic & Reconstructive Surgery Microscopes, and Other Surgery Microscopes), by Configuration (Wall Mounted, Table Top, Ceiling Mounted, and On castors), by End Users (Hospitals, Ambulatory Surgical Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) 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), as highlighted in a new report published by Coherent Market Insights.
The increasing adoption of inorganic strategies such as acquisitions by the key players in the market is expected to drive the market growth over the forecast period. For instance, in July 2021, Topcon, one of the leading provider of medical devices and software solutions for the global eye care community, announced its acquisition of VISIA Imaging Srl, a technology company in ophthalmic and optometric devices. This acquisition is expected to enhance the design, development and manufacturing of anterior segment of Topcon.
Global surgical microscope Market– Impact of Coronavirus (COVID-19) Pandemic
The COVID-19 pandemic and lockdowns in various countries across the globe have impacted the financial status of businesses across all sectors, including the private healthcare sector. The COVID-19 pandemic has impacted the entire supply chain of the healthcare industry, mainly due to strict lockdown in several regions. Private healthcare is one such sector that has been impacted significantly by the COVID-19 pandemic.
However, the COVID-19 pandemic had a negative impact on the surgical microscope market, owing to the change in field of view while using PPE (Personal Protective Equipment), prioritization and viral transmission Risk.
For instance, in December 2020, a paper was published by Journal of Neurosurgery, which suggested that due to high risk of transmission of COVID-19 infection some protective measures are taken by the doctor for example, doctors have to wear PPE (Personal Protective Equipment) while performing a neurosurgery. As the surgical microscope is essential for most of the neurosurgical procedures an acceptable field of view (FOV) is paramount for safe surgery. But the PPE decreases the field of view under surgical microscopes to varying degrees depending on the extent of the distance increase from the exit pupil. Safety spectacles provide the most favorable Field of View (FOV), as the distance from the exit pupil is the lowest among the PPE examined.
Global Surgical Microscope Market: Key Developments
In October 2020, Takagi Ophthalmic Instruments Europe Ltd., one of the medical care as a specialized manufacturer of ophthalmic instruments, announced the product launch of OM-6 Operating Microscope, which offers the world’s first LED light source in the entry-level/compact ophthalmic operating microscope. It also provides direct illumination resolving the issue of bulb burnout as well as the troubles caused by damage to the optic fiber light guides.
In August 2022, Heidelberg Engineering GmbH, a high-tech imaging solutions company which designs, manufactures, and distributes diagnostic instrument announced the development of first ophthalmic solution in the field of digital surgical microscopy in collaboration with Bausch & Lomb, one of the a leading global eye health business. Together the companies will create integrated solutions to meet the growing demand for digital surgical microscopes through the robust sales network of Bausch & Lomb.
Browse 35 Market Data Tables and 38 Figures spread through 188 Pages and in-depth TOC on “Global surgical microscope Market”- Forecast to 2030, Global surgical microscope Market, by Product Type (Neurosurgery and spine surgery Microscopes, ENT Surgery Microscopes, Dentistry Microscopes, Oncology Microscopes, Gynecology Microscopes, Urology Microscopes, Ophthalmology Microscopes, Plastic & Reconstructive Surgery Microscopes, and Other Surgery Microscopes), by Configuration (Wall Mounted, Table Top, Ceiling Mounted, and On castors), by End Users (Hospitals, Ambulatory Surgical Centers, and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
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https://www.coherentmarketinsights.com/market-insight/surgical-microscopes-market-727
Moreover, increasing number of surgical procedures, increase in demand for surgical microscopes to capture high-definition images, streamline documentation for patients, is expected to drive the market growth over the forecast period. For instance, in 2021, a research data was provided by Laser Eye Surgery Hub, according to which approximately 330,000 cataract operations are performed each year in England.
Key Takeaways of the Global surgical microscope Market :
The global surgical microscope market is expected to exhibit a CAGR of 9.7% during the forecast period due to the increasing adoption of strategies such as collaborations and agreement by the key players for carrying out research activities on surgical microscopes .For instance, in July 2022, CANON MEDICAL SYSTEMS USA INC., a commercial subsidiary of Canon Medical Systems Corporation and a one of the leading manufacturer of innovative diagnostic imaging technology, announces the acquisition of NXC Imaging, a medical imaging equipment distributor and services. Addition of NXC Imaging to Canon Medical Systems USA Inc., will strengthen its sales and services channels.
- Among product type, Neurosurgery and spine surgery Microscopes segment is estimated to hold a dominant position in the global surgical microscope market over the forecast period, owing to the increased in the prevalence of peoples suffering from spinal cord injury. For instance, according to SCI (Spinal Cord Injury) Data sheet 2022, generated by National Spinal Cord Injury Statistical Center throughout 2021, estimated number of people with spinal cord injury caused due to vehicle crashes in United States is approximately 299,000 persons.
- Among regions, North America is estimated to account for the largest market share in the global surgical microscope market over the forecast period, owing to increasing in product launch. For instance, in September 2022, Alcon, an ophthalmology company, launched Alcon Introduce Clareon Toric IOL, an intraocular lens in the U.S., which is used in surgical microscopes to provide a broad refractive landing providing functional intermediate vision while maintaining the expected 20/20 visual acuity at distance. It has a unique and proven STABLEFORCE haptic technology designed for exceptional axial and rotational stability.
Major players operating in the global surgical microscope market include Carl Zeiss Meditec AG, Leica Microsystems, Takagi Seiko, Topcon, Alcon, Alltion (Wuzhou) Co., Ltd., HAAG-STREIT GROUP, Seiler Instrument Inc., ARI Medical Equipment Co., Ltd., CHAMMED, ACCU-SCOPE, IRIDEX Corporation, Heidelberg Engineering GmbH, Canon Medical Systems Corporation
