Surgical Microscopes Market To Reach $385.2 Million By 2025: Grand View Research, Inc.
The U.S. surgical microscopes market size is expected
to reach USD 385.2 million by 2025, according to a new report by Grand View
Research, Inc., progressing at a CAGR of 10.7% during the forecast period.
Increasing prevalence of chronic disorders such as cancer and cardiovascular
diseases, which require surgical intervention, is anticipated to bolster the
growth of the operating microscopes market over the forecast period.
According
to the Center for Disease Control and Prevention (CDC) in 2014, the cancer
prevalence rate in the U.S. was in the range of 380.4-510.7 incidents per
100,000 people. States with the highest cancer incidence rates were Kentucky,
Delaware, Pennsylvania, Maine, New Hampshire, Louisiana, Connecticut, New York,
Iowa, and Michigan. These states are estimated to have greater demand for the
product due to the requirement of more frequent surgical interventions.
Awareness
regarding advantages of minimally invasive surgeries is also expected to stoke
the growth of the market. Surgical microscope is one of the key devices needed
for minimally invasive surgeries. Advantages of minimally invasive surgeries
include reduced overall healthcare cost, reduced recovery time, and lesser
chances of hospital acquired infections. Thus, demand for operating microscopes
is estimated to increase over the forecast period as penetration of minimally
invasive surgeries across all medical fields is on a rise.
Browse full
research report on Surgical
Microscopes Market:
www.grandviewresearch.com/industry-analysis/us-surgical-microscopes-market
Further key
findings from the study suggest:
- In terms of revenue, on caster was the leading
type segment in the market in 2016 and is anticipated to hold large share
throughout the forecast period, exhibiting a CAGR of 11.5% over the
forecast period
- On the basis of application, oncology is likely
to account for the largest share in terms of revenue, while the
neurosurgery and spine surgery segments are estimated to register the
highest CAGR over the forecast period
- Based on end-use, hospitals were the leading
revenue contributors in 2016. The trend is estimated to continue
throughout the forecast period.
- Key players operating in the U.S. surgical
microscopes market include Seiler Precision Microscopes; Alcon
Laboratories; Alltion (Wuzhou) Co. Ltd.; Carl Zeiss; Leica Microsystems;
Takagi Seiko Co Ltd.; and Topcon Corporation Inc.
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the U.S. surgical microscopes market
report on the basis of type, application, end-use, and region:
U.S.
Surgical Microscopes Type Outlook (Revenue, USD Million, 2012 - 2025)
- On
Casters
- Wall
Mounted
- Table
Top
- Ceiling
Mounted
U.S.
Surgical Microscopes Application Outlook (Revenue, USD Million, 2012 -
2025)
- Neurosurgery
and Spine Surgery
- ENT
Surgery
- Dentistry
- Oncology
- Gynecology
- Urology
- Ophthalmology
- Plastic
& Reconstructive Surgeries
- Other
Surgeries
U.S.
Surgical Microscopes Regional Outlook (Revenue, USD Million, 2012 - 2025)
- U.S.
- California
- Texas
- Ohio
- Pennsylvania
- New
York
- Massachusetts
- Illinois
- Florida
- New
Jersey
- Michigan
- Rest of
U.S.
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/us-surgical-microscopes-market-analysis
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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