Surgical Microscopes Market Analysis

Global Surgical Microscopes Market Overview

The Surgical Microscopes Market Size was valued at USD 0.6 billion in 2022 and is projected to grow from USD 0.66 Billion in 2023 to USD 1.52 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.9% during the forecast period (2023 - 2032). Growing demands for complex minimally invasive neurosurgery and ENT procedures and the introduction of technically advanced products are the key market drivers boosting global surgical microscopes market share.Source: Primary Research, Secondary Research, MRFR Database, and Analyst Review

Surgical Microscopes Market Trends

• The exponential increase in surgical procedures drives the market growth

Surgical microscopes, also known as operating microscopes, are specifically designed for use in a surgical setting, particularly microsurgery. It produces clear, sharply focused images. The reconfigurable system provides the surgeon with the most significant degree of maneuverability possible through 3D visualization and the magnification of profound surgical fields using small approaches. The integration of image-guided microscope systems has been made possible by technological developments in surgical microscopes, which have also significantly improved stability, vision, sizing, placement, and recording capabilities.

The global population is rapidly aging due to rising life expectancy and lower birth rates. The aging population, which is more prone to disorder development, and the rising prevalence of various chronic diseases, which has increased the demand for surgical procedures like dental, vascular, and other procedures worldwide, all contribute to the market growth of the surgical microscopes. For instance, the proportion of people over 65 may rise from 9.3% of the global population in 2020 to more than 16.0% by 2050, according to data from the United Nations on World Population Prospects for 2020. Besides, according to WHO 2021 statistics, there were approximately 1 billion people aged 60 and up in the world in 2020. As a result, the prevalence of age-related chronic diseases and the need for surgical procedures has increased, driving the market CAGR growth of the surgical microscopes.

Surgical microscopes have become essential for minimally invasive procedures in various fields, including ophthalmic surgery, neurosurgery, otorhinolaryngology, dental surgery, and cosmetic surgery. Moreover, technological advancements such as higher resolution imaging, 3D imaging, and robotics have enabled practitioners to perform more effective and accurate surgeries, reducing hospitalization time and decreasing the risk of revision surgeries, all of which will contribute to the growing demand for surgical microscopes. They provide 3D visualization, optimized lighting, and magnification of deep surgery fields via small approaches, propelling the global surgical microscope market revenue.

Surgical Microscopes Market Segment Insights

Surgical Microscopes Type Insights

The market segments of surgical microscopes based on type includes on-casters, wall-mounted, and tabletop. The on-casters segment held the majority share in 2022, contributing to around ~45-47% of the global surgical microscopes market revenue due to the better portability, flexibility, and low maintenance of these tools. Floor-mounted on-caster microscopes have retractable casters with mono, double, or composite wheels. Most surgical fields, including dentistry, ophthalmology, neurosurgery, cosmetic procedures, and ENT, use surgical microscopy on casters. Surgical microscopes on castors save space on the operating table and are simple for surgeons to move in any direction. This increases demand for these on-casters devices, thereby promoting segment growth.

Figure 2: Surgical Microscopes Market, by Type, 2022 & 2030 (USD Billion)

Source: Primary Research, Secondary Research, MRFR Database, and Analyst Review

Further, the wall-mounted segment is expected to expand at the fastest CAGR in the global surgical microscopes industry over the forecasted period. Wall-mounted microscopes are presently less commonly used than on-casters due to limitations such as limited flexibility, lighting, and maintenance concerns. However, such wall-mounted microscopes are preferred in examination or operating rooms with limited space. Additionally, the wall-mounted microscopes have a built-in spring system that can be adjusted to a person's weight. Such factors contribute to the global market demand for wall-mounted microscopes.

Surgical Microscopes Application Insights

Applications have bifurcated the surgical microscopes market data into ophthalmology, ENT surgery, and dentistry. The ophthalmology segment dominated the market in 2022 and is anticipated to be the fastest-growing segment in the forecast period 2022-2030, owing to factors such as a growing patient pool, a rise in demand for surgical devices, and an increase in the volume of cataract surgeries. Surgical microscopes are required for a variety of ophthalmic procedures. Moreover, rising R&D activities in the pharmaceutical and medical device industries, an increase in demand for use in surgical procedures, and an increase in the global adoption of surgical instruments are all contributing to the ophthalmology segment market growth.

Surgical Microscopes End User Insights

The global surgical microscopes industry has been segmented based on end-user into hospitals and physician clinics. Hospitals held the most prominent segment share in 2022 due to their higher patient admission and surgical rates and better financial standing. The large market share of this category can be attributed to the increasing use of surgical/operating microscopes in difficult ENT, dental, and neurology procedures and the adoption of less invasive surgical instruments in hospital MIS procedures. Moreover, an exponential rise in innovative and advanced surgical microscopes is a critical factor expected to propel the segment. Furthermore, hospitals have funds to purchase the most highly developed surgical equipment to enhance and streamline the workflow in surgical units.

July 2019: Mater Private Hospital Brisbane has installed the city's first 3D robotic surgical microscopes in the neurosurgical operating rooms.

Surgical Microscopes Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Surgical Microscopes market accounted for USD 0.27 billion in 2022 and is likely to exhibit a significant CAGR growth over the study period. The availability of advanced equipment, qualified neurosurgeons, and osteopathic physicians is credited with the largest share. Similarly, increasing the number of surgical facilities, a more favorable reimbursement structure for medical treatments, and a preference for outpatient clinics will increase the regional market share. Besides, this region's prevalence of ophthalmic and neurological disorders is significantly higher, facilitating the regional market growth. Moreover, regional firms are launching novel surgical microscopes products, expected to boost market growth. For example, True Digital Surgery (TDS) and Aesculap Inc launched the Aesculap AEOS Robotic Digital Microscope in the U.S. in September 2020.

Further, the major countries studied in the global market report are the U.S., Germany, Canada, France, the UK, Spain, Italy, Japan, India, Australia, China, South Korea, and Brazil.

Figure 3: GLOBAL SURGICAL MICROSCOPES MARKET SHARE BY REGION 2022 (%)

Source: Primary Research, Secondary Research, MRFR Database, and Analyst Review

The European surgical microscopes market accounts for the second-largest market share. The presence of many market players in the region and increasing government support for surgical microscopes device manufacturers are major contributors to European market growth. The geographical expansion of key regional corporations has resulted in the broader reach of medical products and services, resulting in a significant shift in the acceptance and utilization of new products and procedures. Further, the German market of surgical microscopes held the largest market share, and the UK market of surgical microscopes was the fastest-growing market in the European region.

The Asia-Pacific Surgical Microscopes Market is projected to grow at the fastest CAGR from 2023 to 2030. Growing medical tourism, an increase in inpatient and outpatient surgeries, and an increase in the prevalence of ophthalmic disorders are a few of the key factors propelling the market in the region. Moreover, favorable government policies to improve the medical system and rapid economic expansion in many regional countries are expected to drive the surgical microscopes market growth throughout the forecasted period. Furthermore, China’s market of surgical microscopes held the largest market share, and the Indian market of surgical microscopes was the fastest-growing market in the Asia-Pacific region.

Surgical Microscopes Key Market Players & Competitive Insights

Major market players offer one-step solutions for microscope components and image processing technology for accurate microscopic specimen analysis. Key players are implementing various market development strategies, including new product launches, partnerships with healthcare facilities and surgical centers for product installation, and acquisitions and mergers to expand product portfolios. Competitors in the surgical microscopes industry must provide cost-effective product types to compete and remain alive in a highly competitive and increasingly global market environment.

The surgical microscopes market major players, such as Carl Zeiss AG, Novartis AG, Seiler Precision Microscopes, Arri Group, and others, are working to increase global market opportunity by heavily investing in research and development activities. The surgical microscopes industry has recently given highly advanced microscopes with some essential micro-surgery advantages owing to their high magnification resolution. Surgical microscopes are also helpful for disinfection and component sterilization, allowing for customized cross-infection control.

Carl Zeiss Meditec AG, a subsidiary of Carl Zeiss AG, is a multinational diagnostic technology company. It produces surgical microscopes & lasers, gynecological, oncological, and neurosurgical products, and instruments for eye exams. Carl Zeiss purchased Saxonia Systems AG, a provider of customized software solutions, in March 2020. The acquired company is Carl Zeiss Digital Innovation and provides customers with customized software solutions.

Also, Med X Change, LLC is an FDA-registered Medical Device Company that manufactures HD and 4K Medical Video Recorders and native 4K Medical Cameras for use in surgical settings. In October 2018, Med X Change, LLC announced the release and product availability of the 4Klear, a 4K Camera and Clinical Video Recorder, and advanced surgical microscopes equipment.

Key Companies in the market of surgical microscopes include

• 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

Surgical Microscopes Industry Developments

December 2021: Leica Microsystems and SurgicalOne have expanded their collaboration to market and distribute surgical microscopes in Maryland, Virginia, and Washington, D.C.

September 2021: Nikon Corporation introduced the ECLIPSE Ci-L plus biomedical microscope, eliminating the need to adjust light intensity after changing magnifications. It also alleviates the physical strain associated with prolonged observations.

January 2021: Leica Microsystems has announced opening new laboratories within the European Molecular Biology Laboratory (EMBL) in Heidelberg. The advanced imaging center will serve as an essential collaborative research hub.

Surgical Microscopes Market Segmentation

Surgical Microscopes Type Outlook

• On Casters


• Wall Mounted


• Tabletop

Surgical Microscopes Application Outlook

• Ophthalmology


• ENT Surgery


• Dentistry

Surgical Microscopes End User Outlook

• Hospitals


• Physician Clinics

Surgical Microscopes Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America