Need for speedy diagnostics and increasing number of surgical operations along improvements in healthcare facilities are the factors boosting the growth of the market furthermore, increased adoption of MIS in healthcare sector is expected to foster the growth of the market. High cost of high-end surgical microscopes coupled with implementation of high excise tax by the U.S. government along with heavy custom duties levied are the factors that may hinder the growth of the market. Emerging markets such as India, China, Brazil, and the Middle East is expected to create abundant growth opportunities in the market. High degree of technical expertise to handle surgical/operating microscopes is a key market challenge.
This market is segmented based on application, end-users and geography. On the basis of application, the market is further segmented into dentistry, ENT, gynaecology & urology, neurosurgery & spine surgery, oncology, opthalmology, plastic and reconstructive surgery, spine surgery and documentation. Based on end-user, the market is segmented into hospitals, out-patient facilities and others. Geographically, this market is segmented into North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key market players operating in this market are ACCU-Scope, Alcon Laboratories Inc., Alltion (Wuzhou) Co., Ltd., ARRI Medical, BMS Medical, Carl Zeiss, HAAG-Streit Surgical, Leica Microsystems, Takagi and Topcon Corporation.
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