The global surgical microscopes market was valued at USD 491 million in 2016 and is expected to surpass USD 850 million by 2021, says Technavio.
Technavio has announced its latest market research report on the global surgical microscopes market, under its lab equipment portfolio. This market analysis discusses the major drivers and key emerging trends and offers an analysis of key vendors like Toppan Printing Mitsubishi Plastic, Amcor, Bemis, and Berry Plastics.
According to Amber Chourasia, a lead analyst for lab equipment research at Technavio, “The increasing adoption of MI procedures to drive growth in the global surgical microscopes market. MI surgeries have progressed both in terms of scientific and technical aspects, making it one of the first choices of surgical procedure for doctors.”
Surgical microscopes are increasingly used in MI procedures due to several benefits, such as their ability for precision location of target area during surgeries. The development and integration of surgical microscope is a great boon to the healthcare industry as it minimizes bleeding and surrounding muscle and tissue damage through its precision offered through magnification and illumination during the procedure.
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Rising medical tourism initiatives globally
Medical tourism initiatives related to chronic diseases, such as cancer that require early diagnosis and treatment, are likely to boost the consumption of surgical microscopes. The increased consumption of these devices can be due to the requirement for surgery during treatment in most cases. Some of the countries that are popular for medical tourism initiatives include Costa Rica, Mexico, Singapore, India, Taiwan, Israel, and much more, which offer cost-effective treatment for cancer and other chronic diseases. This trend will be notably high in countries in APAC, which has the highest number of nations with medical tourism initiatives, especially in countries such as India and China.
Emergence of hybrid operating rooms
With the implementation of latest technology equipment for diagnosis, treatment, and surgery, hybrid operating rooms provide the space and opportunity, where all surgery-related work can be completed, and even physicians can communicate by video conference during a complicated surgery. It is likely that most vascular surgeons will prefer hybrid ORs owing to the growing complications of cardiac surgeries to improve efficiency.
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This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio market research report titled, ‘Global Surgical Microscopes Market 2017-2021‘. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Beginner Microscope Market 2016-2020
- Global Optical Microscope Market 2016-2020
- Global Microscope Accessories Market 2016-2020
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