Outlook on the Surgical Microscopes Global Market to 2031 - Increasing Use of Fluorescence Image-Guided Surgery is Driving Growth

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Nov 19, 2021, 05:45 ET

DUBLIN, Nov. 19, 2021 /PRNewswire/ -- The "Surgical Microscopes Market - A Global and Regional Analysis: Focus on Product Type, Application, End User, 25 Countries' Data, Patent Scenario, and Competitive Landscape - Analysis and Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.

The surgical microscopes market report highlights that the overall surgical microscopes market was valued at $928.3 million in 2020 and is expected to reach $3,578.2 million by the end of 2031. The market is expected to grow at a CAGR of 13.3% during the forecast period from 2021 to 2031.

Market Growth Drivers

Increasing Use of Fluorescence Image-Guided Surgery (FIGS)
Rising Minimally Invasive Surgical Procedures on the Global Level

Market Challenges

Low Adoption Rate Due to High Cost of Surgical Microscopes
Lack of Skilled Professionals with Limited Technical Knowledge

Market Opportunities

3D Exoscopes - An Optical Innovation

Key Companies Profiled

Alcon, Inc., B. Braun Melsungen AG, BHS Technologies GmbH, Carl Zeiss Meditech AG, Haag-Streit Holding AG (Metall Zug AG), Karl Storz SE & Co. KG, Danaher Corporation (Leica Microsystems GmbH), Munich Surgical Imaging GmbH, Olympus Corporation, Synaptive Medical, Inc., Topcon Corporation

Key Questions Answered in the Global Surgical Microscopes Market Report

How has the COVID-19 pandemic impacted the global surgical microscopes market?
What is the regulatory landscape of the global surgical microscopes market? How have the regulations altered due to the COVID-19 pandemic?
What has been the patent landscape for the market during 2017-2021?
What are the major companies operating in the market and their respective market share?
What are the major strategies employed by the companies to enter the market or for business expansion?
How are advanced microscopes different from conventional microscopes?
What are the major industry trends, market drivers, and market restraints that would impact the market during the forecast period 2021-2031? What are the growth opportunities for the market?
Which product type, application, and end-user segment are expected to dominate the market during the forecast period 2021-2031?
What would be the country-level revenue share and CAGR for the market during the forecast period 2021-2031?

Impact of COVID-19 on Surgical Microscopes

Surgical microscopes are frequently used in minimally invasive surgical operations, and the growing desire for MIS treatments has played a crucial role in the healthcare business in recent decades, with the number of MIS procedures increasing significantly in the last five years.

In the first half of 2020, the COVID-19 pandemic had a significant influence on elective surgical procedures. On a global scale, the COVID-19 pandemic had a significant influence on regular hospital routine services. During the early stages of the pandemic, hospitals drastically restricted or stopped performing elective surgical procedures to ensure patient safety and to focus on COVID19 patients.

The large-scale decline in the volume of elective surgical procedures had a significant impact on patients as well as financial consequences for medical device producers. As a result, sales of minimally invasive surgical equipment have declined.

Key Highlights

According to the surgical microscopes market report, conventional microscopes dominated the market in 2020 compared to emerging microscopes under the product type segmentation. Conventional microscopes are forecast to uphold this position in the market and dominate till the end of the forecast period 2021-2031.
When the market is segmented by application, ENT is the market leader. By the end of the forecast period 2021-2031, the plastic and reconstructive segment is projected to lead the market.
Conventional microscopes accounted for an 83.8% share of the total market.
Surgical Microscopes hold the highest numbers in the North America region followed by Europe. The U.S. led the table by contributing 84.1% of the total market in 2020. It is expected that by the end of the forecast period 2021-2031, North America will continue to lead the region-based segmentation.

Key Topics Covered:

1 Market Definition

2 Market Scope

3 Research Methodology

4 Global Surgical Microscopes Market
4.1 Global Market Size and Forecast
4.2 Key Findings
4.3 Assumptions and Limitations

5 Industry Outlook
5.1 Regulatory Framework
5.1.1 North America
5.1.1.1 U.S.
5.1.1.2 Canada
5.1.2 Europe
5.1.3 Asia-Pacific
5.1.3.1 China
5.1.3.2 Japan
5.1.4 Latin America
5.1.4.1 Brazil
5.1.4.2 Mexico
5.2 Patent Filing Trends
5.3 Key Enabling Technologies (Innovation Outlook)
5.4 Impact of COVID-19 Pandemic
5.4.1 Scenario: Pre-COVID-19 Pandemic
5.4.2 Scenario: Post-COVID-19 Pandemic

6 Competitive Insights
6.1 Key Developments and Strategies
6.1.1 New Offerings and Upgradations
6.1.2 Collaborative Activities
6.1.3 Funding Activities
6.1.4 Regulatory Activities
6.2 Pricing Analysis
6.3 Value Chain Analysis
6.4 Product Benchmarking
6.5 Market Share Analysis
6.5.1 Global Surgical Microscopes Market (by Company)
6.5.2 Global Conventional Microscopes Market (by Company)
6.5.3 Global Advanced Microscopes Market (by Company)
6.6 Growth Share Analysis
6.6.1 Product Type
6.6.2 Application
6.6.3 End User
6.6.4 Region

7 Market Dynamics
7.1 Overview
7.2 Impact Analysis
7.3 Market Drivers
7.3.1 Increasing Use of Fluorescence Image-Guided Surgery (FIGS)
7.3.2 Rising Minimally Invasive Surgical Procedures on the Global Level
7.4 Market Restraints
7.4.1 Low Adoption Rate Due to High Cost of Surgical Microscopes
7.4.2 Lack of Skilled Professionals with Limited Technical Knowledge
7.5 Market Opportunities
7.5.1 3D Exoscopes ~ An Optical Innovation
7.6 Market Trends
7.6.1 Increasing Use of Multidisciplinary Surgical Microscopes

8 Global Surgical Microscopes Market (by Product Type)
8.1 Overview
8.2 Opportunity Assessment
8.3 Market Size and Forecast
8.3.1 Conventional Microscopes
8.3.2 Advanced Microscopes

9 Global Surgical Microscopes Market (by Application)
9.1 Overview
9.2 Opportunity Assessment
9.3 Market Size and Forecast
9.3.1 Otolaryngology (ENT)
9.3.2 Ophthalmology
9.3.3 Dental
9.3.4 Neurology
9.3.5 Gynecology
9.3.6 Spine
9.3.7 Plastic and Reconstructive

10 Global Surgical Microscopes Market (by End User)
10.1 Overview
10.2 Opportunity Assessment
10.3 Market Size and Forecast
10.3.1 Hospitals
10.3.2 Physician Clinics and Other Settings

11 Global Surgical Microscopes Market (by Region)

12 Market - Competitive Benchmarking & Company Profiles
12.1 Overview
12.2 Competitor Snapshot
12.3 Alcon, Inc.
12.3.1 Company -Overview
12.3.2 Role of the Company in the Global Surgical Microscopes Market
12.3.3 Product Portfolio
12.3.4 Financials
12.3.5 SWOT Analysis
12.4 B. Braun Melsungen AG
12.4.1 Company Overview
12.4.2 Role of the Company in the Global Surgical Microscopes Market
12.4.3 Product Portfolio
12.4.4 Financials
12.4.5 SWOT Analysis
12.5 BHS Technologies GmbH
12.5.1 Company Overview
12.5.2 Role of the Company in the Global Surgical Microscopes Market
12.5.3 Product Portfolio
12.5.4 SWOT Analysis
12.6 Carl Zeiss Meditech AG
12.6.1 Company Overview
12.6.2 Role of the Company in the Global Surgical Microscopes Market
12.6.3 Product Portfolio
12.6.4 Financials
12.6.5 SWOT Analysis
12.7 Haag-Streit Holding AG (Metall Zug AG)
12.7.1 Company Overview
12.7.2 Role of the Company in the Global Surgical Microscopes Market
12.7.3 Product Portfolio
12.7.4 Financials
12.7.5 SWOT Analysis
12.8 Karl Storz SE & Co. KG
12.8.1 Company Overview
12.8.2 Role of the Company in the Global Surgical Microscopes Market
12.8.3 Product Portfolio
12.8.4 SWOT Analysis
12.9 Danaher Corporation (Leica Microsystems GmbH)
12.9.1 Company Overview
12.9.2 Role of the Company in the Global Surgical Microscopes Market
12.9.3 Product Portfolio
12.9.4 Financials
12.9.5 SWOT Analysis
12.1 Munich Surgical Imaging GmbH
12.10.1 Company Overview
12.10.2 Role of the Company in the Global Surgical Microscopes Market
12.10.3 Product Portfolio
12.10.4 SWOT Analysis
12.11 Olympus Corporation
12.11.1 Company Overview
12.11.2 Role of the Company in the Global Surgical Microscopes Market
12.11.3 Product Portfolio
12.11.4 Financials
12.11.5 SWOT Analysis
12.12 Synaptive Medical, Inc.
12.12.1 Company Overview
12.12.2 Role of the Company in the Global Surgical Microscopes Market
12.12.3 Product Portfolio
12.12.4 SWOT Analysis
12.13 Topcon Corporation
12.13.1 Company Overview
12.13.2 Role of the Company in the Global Surgical Microscopes Market
12.13.3 Product Portfolio
12.13.4 Financials
12.13.5 SWOT Analysis

For more information about this report visit https://www.researchandmarkets.com/r/kn8rqm

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