Surgical Microscopes Market to Witness a CAGR of 11.24% during 2021 to 2027 Globally – AXIOM MRC

Major growth factors such as surging use of fluorescence image-guided surgery, increasing number of surgeries and rising demand for minimally invasive surgeries, technological advancements in healthcare settings, and advancements microscopy solutions are accredited to the growth of surgical microscope market. Likewise, rising growth opportunities in developing markets and broadened applications of operating microscopes are further likely to expand growth of the market in the coming years.  

New York, November, 2021: Axiom Market Research & Consulting™ added a report on global surgical microscopes market which includes study on application and end user across various countries of key regions across the globe. The global surgical microscopes market was projected to grow at a CAGR of 11.24% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the surgical microscopes market.   

The report analyses the global surgical microscopes industry based on application, end user and geography. Various applications covered in global surgical microscopes market are neuro and spine surgery, plastic and reconstructive surgery, ophthalmology, gynecology and urology, oncology, ear, nose, and throat (ENT) surgery, dentistry and others. Major end users of the market are hospitals and outpatient facilities. The global surgical microscopes market is studied across various key countries of regions such as, North America, Europe, Asia Pacific and Rest of the World.

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The key competitors of this market include Novartis Ag, Danaher Corporation, Topcon Corporation, Carl Zeiss AG, Hagg-Streit Surgical GMBH (MÖLLER-WEDEL GMBH), Accu-Scope Inc, Alltion (Wuzhou) Co., Ltd, Arri Medical (Arri Group), Karl Kaps GmbH & Co. Kg and Takagi Seiko Co. Ltd among others.

Surgical Microscopes Market Regional Trends

North America held the largest market share of global surgical microscopes market and is likely to dominate the market over the estimated time frame. Well-established healthcare industry of the region, increasing investment in the healthcare facilities, need for high-speed diagnostics, and surge in the number of surgeries are major growth factors behind the growth of the market in North America region.

Surgical Microscopes Market Segmental Highlights

• The neuro and spine surgery segment is expected to dominate the surgical microscopes market during the forecast period 2021 to 2027. The growth of this segment is rapidly improving owing to growing research and development activities on targeted cell labeling and tissue clearing for brain functions and increasing demand for surgical microscopes for microsurgeries of the spine and brain
• In 2020, hospital end user segment accounted for the major market share. Increasing number of hospitals across the globe, increasing use of surgical microscopes in complex ENT, neurology, and dental processes, and implementation of less-invasive surgical devices during MIS processes in hospitals are major factors that accredited to the segment growth.
• North America dominated surgical microscopes market in 2020 and is expected to witness the fastest growth in upcoming years.

Research Objectives of Surgical Microscopes Market Report:

• Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis.
• Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.
• Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.
• Country-level analysis, integrating the demand and supply forces that are influencing the growth of the surgical microscopes Market.
• Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.
• Comprehensive company profiles, covering the product offerings, key financial information, recent developments and strategies employed by the major market players.

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