Surgical Microscopes Market to Witness a Pronounce Growth During 2018 to 2023Posted by sagar on November 24th, 2020 surgical microscopes market research report: by type (on casters, wall mounted, and others), By application (ophthalmology, ENT surgery, dentistry, and others) By end user (hospitals, physician’s clinic, and others)- Forecast Till 2023 Market Highlights: Global Surgical Microscopes Market held a market value of USD 574.34 million in 2017 and is projected to grow at a CAGR of 11.63% over the forecast period. On the other hand, there are several factors such as high cost of the microscopic devices, stringent regulatory norms, and lack of required medical infrastructure in the developing and underdeveloped regions which are likely to thwart the growth of the surgical microscopes market to an extent. Regional Analysis: Geographically, the Americas is anticipated to dominate the global surgical microscopes market owing to the, rising number of the neurosurgeries, spinal surgeries, and ophthalmic surgeries, increasing awareness about dental hygiene leading to increase in dental procedures and surgeries. The development of the better surgical approaches and advanced treatment procedures have positively affected the growth of the American market. Moreover, high awareness among American population, state of the art medical infrastructure, high disposable income, are some of the many factors that drive the growth of the surgical microscopes market in this region. Europe is expected to hold the second largest market share in the global surgical microscopes market. The market growth in this region is majorly attributed to the presence of large number of market players in the region and increasing government support for the device manufacturers. Geographical expansion of companies has led to the wider reach of the medical products and services which has brought a huge change in terms of the acceptance and implementation of the new products as well as procedures. Similarly, Asia-Pacific region has observed a rapid growth in the surgical microscopes market owing to increased rate in neurosurgeries in the Asian region. Moreover, the development in the medical sector in developing countries like India and China. Moreover, increase in government funding for healthcare, rising R&D expenditure, and growing number of medical device companies in the region has led to its fastest growth during the forecast period. The Middle East & Africa region is anticipated to show minor growth opportunities in the surgical microscopes market during the forecast period. Request For Free Sample Copy : Segmentation: The Global Surgical Microscopes Market. has been segmented into type, application and end user. Key Players: Some of the prominent players in the global surgical microscopes market are Accu-Scope Inc., Alltion (Wuzhou) Co., Ltd., Arri Medical (Arri Group), Carl Zeiss AG, Danaher Corporation, Haag-Streit Surgical GmbH, Leica Microsystems GmbH, Novartis AG, Olympus Corporation, Seiler Precision Microscopes, Takagi Seiko Co. Ltd., and Topcon Medical Systems, Inc. NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and Wherever Required We Will be Considering Covid-19 Footprints for a Better Analysis of Markets and Industries. Cordially Get in Touch for More Details. Like it? Share it!More by this author |