The global surgical microscopes market size was US$ 666.10 million in 2021. The global surgical microscopes market size is forecast to reach US$ 1,499.09 million by 2030, growing at a compound annual growth rate (CAGR) of 8.7% during the forecast period from 2022 to 2030.
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The purpose of a surgical microscope is to improve the visibility of root canal details in order to identify and remove fractured root canal instruments. Surgical microscope another name is operating microscope. This device offers adjustable magnification, bright illumination, and clear visualization of the surgical field. Technically, it offers high-end optics and shadow-free, bright lighting. The microscopes used in areas include dental, ENT, gynecology, neurosurgery, spine surgeries, ophthalmology, oncology, and cosmetic surgery.
COVID-19 has created concerns among critically ill patients who are undergoing surgery. Several countries declared a national lockdown and banned all elective surgical procedures. Since the number of surgeries had decreased because of the COVID-19 pandemic. In turn, this has affected the growth of the surgical microscopes market around the world. Due to the rapid rise in COVID-19 cases globally, hospitals and other healthcare facilities focused on treating COVID-19 patients. Thus, various surgical procedures such as dental surgery, ENT surgery, and gynecology procedures have suffered delays. Therefore, the COVID-19 had a negative impact on the global market growth.
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North America held the largest share of the surgical microscopes market in 2021 and is forecast to maintain its position during the forecast period. The availability of supportive reimbursement frameworks for medical treatments and sophisticated healthcare facilities well-equipped with highly advanced equipment and exceptionally skilled neurosurgeons and cosmetic surgeons drives the market growth. In addition, the prevalence of ophthalmic and neurologic disorders is higher in this region, which is fueling the market’s growth.
The Asia Pacific region is forecast to grow at a lucrative rate during the forecast period. A rise in ophthalmic disorders, medical tourism, and more surgeries in outpatient and inpatient settings are among the factors driving the market in the region. Furthermore, favorable government policies aimed at improving the healthcare system, and rapid economic development in many countries of the region, are likely to drive market growth over the forecast period.
The leading prominent companies profiled in the global surgical microscopes market are:
The global surgical microscopes market segmentation focuses on Application, End-User, Price Range, and Region.
Segmentation based on Price Range
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