Surgical microscope assists surgeon with quality and magnified images for better observation of surgical area. They are used in various areas including ophthalmology, dentistry, oncology, gynecology and otolaryngology. It enhances the basic functionalities of microscopes such as magnification, illumination and resolution. An intelligence report titled, “Surgical Microscopes Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository.
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Surgical microscopes provide ease to surgeons as they can be placed anywhere or even worn. Technological advancements in surgical microscope aid the surgeons in making better decisions and treatment. The multifaceted use of surgical microscope propels global market. Global surgical microscope market was estimated to be around US$ 515Mn in the year 2018 and is expected to expand at ?10% CAGR for the forecast period 2019 – 2027. In 2018, Casters segment was assessed to own a larger share of global surgical microscopes market. It is expected to maintain its lead owing to the greater market penetration it gains from providing ease of operation. Oncology segment is also growing at a fast pace.
Metal Zug Group leads with HAAG-STREIT GROUP acquisition
North America is a prominent region in global surgical microscopes market and is projected to grow with healthy CAGR in the forecast period. Various factors including structured healthcare industry, reimbursement policies in health insurance segment, high public awareness about illness and associated technologies, and presence of prominent players contribute in North America’s market growth. Asia pacific is known to be an untapped market that holds huge opportunities in surgical microscope segment for stake holders. Many reasons such as increase in number of chronic diseases, rise in old age population and growth of health care segment fuel the surgical microscope market growth in Asia Pacific.
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Manufacturers actively practice acquisitions and mergers to gain competitive edge. The Metal Zug Group acquired a major part of HAAG-STREIT GROUP that develops supreme quality products and services in the field of surgery. Other prominent players in global surgical microscopes market include ZEISS International, TOPCON CORPORATION, Ecleris, Seiler Instrument Inc. and Leica Microsystems.
Global surgical microscopes market: Report Synopsis
Quantitative and qualitative assessment exhort intelligence and overarching report on the Global surgical microscopes market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the Global surgical microscopes market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on global surgical microscopes market.
An insightful and deep-dive assessment of the competitive assessment of the Global surgical microscopes market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the Global surgical microscopes market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
Global surgical microscopes market: Research Methodology
Primary sources and secondary sources propel intelligence report on Global surgical microscopes market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst.
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