12.5% CAGR for Surgical Microscopes Market to 2021 - Dominated by Novartis AG (Switzerland), Danaher Corporation (U.S.), Topcon Corporation (Japan) and Carl Zeiss AG (Germany)

Surgical microscopes market is dominated by established players such as Novartis AG (Switzerland), Danaher Corporation (U.S.), Topcon Corporation (Japan), Carl Zeiss AG (Germany), and Haag-Streit Surgical (Germany). The growing usage of operating microscopes in complex neurology, ENT, and dental procedures, and implementation of less-invasive surgical instruments during MIS procedures in hospitals are key market drivers in this end-user segment.

Surgical microscopes are ergonomically planned to offer damage free operation to the customers. These microscopes locate applications in ENT, oncology, dentistry, urology, gynecology, ophthalmology, neurosurgery & spine surgery, and plastic & reconstructive surgeries.

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The global surgical microscopes market is projected to reach USD 915.6 Million by 2021 from USD 508.1 Million in 2016, growing at a CAGR of 12.5% during the forecast period. In 2016, the hospitals segment is expected to account for the largest share of the market. The increasing use of fluorescence image-guided surgery (FIGS), increase in the number of surgeries and growing demand for MIS, advancements in healthcare facilities, technological advancements, and customized microscopy solutions are the key factors driving the growth of the global market.

Key Stakeholders
• Hospitals and Clinics
• Research Institutes and Clinical Research Organizations (CROs)
• Market Research and Consulting Firms
• Authorities Framing Reimbursement Policies for Use of Cancer Diagnostics
• Companies Offering Platforms/Technologies for Cancer Diagnosis
• Market Research and Consulting Firms

In this report, the global surgical/operating microscopes market is segmented on the basis of application, end user, and region. On the basis of application, the market is classified into neuro and spine surgery, plastic and reconstructive surgery, ophthalmology, gynecology and urology, oncology, dentistry, ENT surgery, and documentation. In 2016, the neuro and spine surgery segment is expected to account for the largest share of the market.

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The major factors driving this market are the high prevalence of infectious diseases and various types of cancer, the increasing awareness and acceptance of personalized medicine and companion diagnostics, the growth in the biomarker identification market and advancements in molecular techniques; and the reforms in the reimbursement system in the U.S.

Factors such as high cost of advanced operating microscopes, implementation of excise tax by the U.S. government, and high custom duties on medical devices are restraining the growth of this market to a certain extent. However, the oncology segment is projected to grow at the highest CAGR during the forecast period due to the increasing prevalence of cancer across the globe.

More Information “Surgical/Operating Microscopes Market by Application (Neuro and Spine Surgery, Plastic and Reconstructive Surgery, Ear, Nose, and Throat Surgery, Oncology, Urology, Documentations), End User (Hospitals, Outpatient Facility) - Global Forecast to 2021” report at sales@reportsandreports.com / Call +1 888 391 5441 .

The increasing use of fluorescence image-guided surgery (FIGS), increase in the number of surgeries and growing demand for MIS, advancements in healthcare facilities, technological advancements, and customized microscopy solutions are the key factors driving the growth of the global market.

The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on products offered by the top players in the surgical/operating microscopes market
• Product Development/Innovation: Detailed insights on the upcoming technologies, research & development activities, and new product launches in the surgical/operating microscopes market
• Market Development: Comprehensive information about lucrative emerging markets—the report analyzes the markets for surgical/operating microscopes across various regions
• Market Diversification: Exhaustive information about new products, untapped geographies, and recent developments in the surgical/operating microscopes market
• Competitive Assessment: In-depth assessment of market ranking, strategies, products, and manufacturing capabilities of the leading players in the surgical/operating microscopes market

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