Advanced surgical microscopes offers operator a controllable options for illumination and visualization, which is required in micro-incisional techniques. Surgical microscopes are used in performing various surgeries such as ophthalmic surgeries, endodontic surgeries, neurosurgeries, oncology surgeries, and urology surgeries, Ear, Nose and Throat (ENT) surgery, and others. For instance, there are ENT surgery microscopes available in the market, which are specifically designed for precision, flexibility, and ease of use. These microscopes are used for performing tympanoplasty, mastoidectomy, transoral laser surgery and other ENT procedures. Thus, increasing adoption of these surgical microscopes in such surgeries is expected to drive growth of the market over the forecast period.
Global surgical microscopes market is estimated to be valued at US$ 1,096.8 million in 2022 and is expected to exhibit a CAGR of 9.7% during the forecast period (2022-2030).
Figure 1. Global Surgical Microscopes Market Share (%), by Configuration, 2022
Global Surgical Microscopes Market- Drivers
There are different types of surgical microscopes used for performing various surgeries such as dental surgeries, ophthalmic surgeries, and other minimally invasive surgeries. For instance, dentistry microscopes help in improving the quality of examination and treatment in dentistry. Dentistry microscopes have application in restorative dentistry, endodontics, and dental implants. Thus, increasing number of dental disorders along with technological innovations are expected to drive growth of the segment over the forecast period. For instance, in March 2022, according to the World Health Organization Fact sheet, approximately, globally 3.5 billion people are affected by oral diseases. Therefore, increasing demand for high precision dental procedures is expected to drive growth of the segment over the forecast period.
Increasing adoption of strategic acquisitions by major players operating in the surgical microscopes market to expansion of the production is expected to drive the market growth over the forecast period. For instance, in August 2022, HAAG-STREIT GROUP, an internationally operating Swiss medical device company, announced its opening of new state-of-the-art microscope production site in Aesch, Switzerland.
| Report Coverage | Details | ||
|---|---|---|---|
| Base Year: | 2021 | Market Size in 2022: | US$ 1,096.8 Mn |
| Historical Data for: | 2017 to 2020 | Forecast Period: | 2022 to 2030 |
| Forecast Period 2022 to 2030 CAGR: | 9.7% | 2030 Value Projection: | US$ 2,301.6 Mn |
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| Companies covered: |
Carl Zeiss Meditec AG, Leica Microsystems, Takagi Seiko., Topcon, Alcon, Alltion (Wuzhou) Co., Ltd., HAAG-STREIT GROUP, Seiler Instrument Inc., ARI Medical Equipment Co., Ltd., CHAMMED, ACCU-SCOPE, IRIDEX Corporation and Aesculap, Inc. |
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Figure 2.Global Surgical Microscopes Market Share (%), by Region, 2022
Global Surgical Microscopes Market– Impact of Coronavirus (COVID -19) Pandemic
Since the COVID -19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization had declared it a public health emergency on January 30, 2020.
COVID -19 has affected the economy in three main ways: by directly affecting production and demand of drugs and vaccines, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries, such as China, India, Saudi Arabia, U.A.E., Egypt, and others, faced problems with regard to the transportation of drugs and vaccines from one place to another.
However, the COVID -19 pandemic had a negative impact on performance of different surgery For instance, in May 2021, Anesthesia: Essays and Researches a Quarterly peer-reviewed international journal, published an observational study to assess the impact of COVID 19 infection, on maternal as well as the effect on neonates during the surgery under spinal anesthesia.
Around 115 COVID 19 positive pregnant patients were taken for cesarean section under spinal anesthesia in the tertiary care hospital. According to the study, managing the obstetric emergencies in COVID 19 pandemic is a real challenge as the women need timely care and the intervention to save the life of both mother and child.
Global Surgical Microscopes Market: Key Developments
In September 2020, True Digital Surgery, innovative developer of 3D digital surgery visualization platform and Aesculap, Inc., a subsidiary of B. Braun, announced that the Aesculap Aeos Robotic Digital Microscope is available in the U.S. This Aesculap Aeos Robotic Digital Microscope can be used to execute precision movements in certain procedures, for instance, neurosurgery, spine, ear, nose, and throat operation through the multi-axis robotic arm. The Aesculap Aeos Robotic Digital Microscope has some add on features such as it contains a software capabilities, which will provide a 3D digital visualizing display customizable image modes functionality, and fluorescence backlighting to enhance the precision needs that surgeons require for complex surgical procedures.
In June 2021, Alcon, a company that specialized in eye care products, has initiated a clinical trial for Ngenuity digital 3D microscope in collaboration with Fondation Ophtalmologique Adolphe de Rothschild, a university hospital at the forefront of care, research, and cooperation on eye and brain diseases to study the comfort and subjective visual sensations related to the light of the 3D digital microscope in cataract surgery patients.
Global Surgical Microscopes Market: Restraint
The major factors that hinder growth of the global surgical microscopes market include product recall of the surgical microscopes. For instance, in September 2022, the U.S. FDA (Food and Drug Administration), recalls the Surgical Operating Microscopes, M530 OHX, a surgical microscopes by Leica Microsystems, a global microscopes and scientific instrument manufacturer. The reason for the recall was the change in the component on the photodiode inside the M530 optics carrier which results in inaccurate adjustments of the illumination limit by the software.
Global Surgical Microscopes Market- Key Players
Major players operating in the global surgical microscopes market include Carl Zeiss Meditec AG, Leica Microsystems, Takagi., Topcon, Alcon, Alltion (Wuzhou) Co., Ltd., HAAG-STREIT GROUP, Seiler Instrument Inc., ARI Medical Equipment Co., Ltd., CHAMMED, ACCU-SCOPE, IRIDEX Corporation and Aesculap, Inc.
A surgical microscope is an electrically or mechanically operated optical microscope designed to use in surgical settings for performing microsurgeries. Surgical Microscopes are optical unit which delivers clear and sharply focused images while the modular system gives the surgeon optimum maneuverability. The combination of lenses provide stereoscopic vision, magnification ranging from 4x–40x, and illuminated image of the surgical area. There are different types of surgical microscope such as wall mounted, table top, ceiling mounted, and on casters available in the market. Surgical microscopes offer higher degree precision for performing microsurgery as compared to other surgical devices. A surgical microscope is used in surgical settings for performing microsurgeries in the fields of dentistry, gynecology, ophthalmology, urology, neurosurgery, spine surgery, oncology, reconstructive surgery, and others. Surgical microscopes are required of microsurgery. Surgical microscopes are consist of various lenses, which gives detailed view over the resection surface. Different types of microscopes uses different types of configuration according to the applications. For example high magnification table top surgical microscopes are used for neurosurgery.
Market Dynamics
Increasing inorganic strategies like collaboration, partnership and agreement by the key players in the market is expected to drive the market growth over the forecast period. For instance, in March 2021, IRIDEX Corporation, a provider of innovative ophthalmic laser-based medical products for the treatment of glaucoma and retinal diseases, announced a strategic collaboration with Topcon, a Japanese manufacturer of optical equipment for ophthalmology and surveying. This collaboration includes three main agreement an Exclusive Distribution Agreement, an Asset Purchase Agreement and an Equity Funding Agreement.
Key features of the study:
Detailed Segmentation:
“*” marked represents similar segmentation in other categories in the respective section.
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