Surgical microscope is also known as operating microscope and is an optical microscope specially designed and developed to be used in a surgical setting, normally to perform microsurgery. It provides freedom of movement to the surgeon, while performing critical medical surgeries. This optical medical instrument specially designed for 3D visualization of an undergoing surgery. A compact optical unit provides sharply focused and clear images and the modular system delivers the surgeon optimum maneuverability.
MARKET DYNAMIC- GLOBAL SURGICAL MICROSCOPES MARKET
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. However, high cost of advanced operating microscopes and heavy custom duties on medical devices are some of the restraining factors that could hamper the growth of the market.
COVID 19 IMPACT ON SURGICAL MICROSCOPES MARKET REPORT
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the surgical microscopes market. In addition, complete analysis of changes on surgical microscopes market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. COVID-19 impact on the surgical microscopes market was moderate owing to the postponement and cancellation of various surgical procedures.
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SURGICAL MICROSCOPES MARKET SEGMENTAL OVERVIEW
The study analyses global surgical microscopes market based on application, end user and geography.
SURGICAL MICROSCOPES MARKET BY APPLICATION
Major applications of the 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. In 2021 , the neuro and spine surgery segment is accounted for the largest share of the global surgical microscopes market. However, oncology is likely to be the fastest-growing segment. Factors such as 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 are the major drivers behind the growth of the neuro spine surgery segment.
SURGICAL MICROSCOPES MARKET BY END USER
Hospitals and outpatient facilities are major end users of the global surgical microscopes market. Hospital end user segment dominated the market in 2021 and is expected to maintain its dominance during the forecast period. 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.
SURGICAL MICROSCOPES MARKET BY GEOGRAPHY
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. 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 KEY PLAYERS
The major key players of 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.
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