Surgical Microscope Market By Application (Plastic and Reconstructive Surgery, Neuro and Spine Surgery, Oncology, Gynecology and Urology, Ear, Nose, and Throat (ENT) Surgery, Ophthalmology, and Others), By End User (Hospital, Clinic, and Others), Industry Trends, Estimation & Forecast, 2023-2030

Market Definition

A surgical microscope is an optical microscope designed to be used in a surgical setting to perform microsurgery. A surgical microscope is used during surgery to magnify areas of the anatomy where the surgery will operate. The surgical microscopes are employed in plastic and reconstructive surgery, neuro and spine surgery, oncology, gynecology and urology, ear, nose, and throat (ENT) surgery, ophthalmology, and others.

The Surgical Staplers market was valued at 1071.3 billion US$ in 2022 and is projected to reach 2559.1 billion US$ by 2030, at a CAGR of 11.5% during the forecast period.

Market Dynamics

The increasing number of surgeries and growing demand for minimally-invasive procedures is boosting the global surgical microscope market. For instance, according to the American Society of Plastic Surgeons (ASPS), in 2018, there were around 17.7 million minimally-invasive and surgical cosmetic procedures performed in the United States. In the United States, there are more than 1.8 million cosmetic surgery performed in 2018 including 313,735 breast augmentation procedures, 258,558 liposuction procedures, 213,780 nose reshaping procedures, 206,529 eyelid surgery procedures, and 130,081 tummy tuck procedures are performed. In 2018, there are around 15.9 million cosmetic minimally-invasive procedures performed in the United States including 7.44 million Botulinum Toxin Type A procedures, 2.68 million Soft Tissue Fillers procedures, 1.38 million Chemical Peel procedures, 1.1 million Laser hair removal procedures, and 709,413 Microdermabrasion procedures are performed. The surgical microscopes are used in minimally invasive and microsurgery. A surgical microscope is a stereoscopic binocular microscope with different magnification levels, giving an upright, three-dimensional image. The surgical microscope is used to obtain good visualization in the operating field. Further, increasing the use of fluorescence image-guided surgery (FIGS) is a key driving factor of the market. However, the high cost of surgical microscopes might hamper the market growth. Surgical microscopes are used in procedures such as ophthalmic and neurosurgery surgery costs between USD 40,000 and USD 150,000, which is a key factor limiting the adoption of surgical microscopes. Also, the maintenance of surgical microscopes may result in high operational costs. Moreover, technological advancements in the surgical microscope would provide lucrative opportunities for the market in the coming years.

Market Segmentation

The global surgical microscope market is mainly classified based on application and end-user. Application is further segmented into Plastic and Reconstructive Surgery, Neuro and Spine Surgery, Oncology, Gynecology and Urology, Ear, Nose, and Throat (ENT) Surgery, Ophthalmology, and Others. By end-user, the market is divided into Hospital, Clinic, and Others.

Ear, Nose, and Throat (ENT) Surgery has shown significant growth in 2019, owing to the increasing ENT surgical procedures, growing demand for surgical microscopes for ENT microsurgery, and commercialization of technologically advanced surgical microscope for ENT surgical procedures. For instance, ZEISS Medical Technology has introduced TIVATO 700 and EXTARO 300 surgical microscope for ENT (ear, nose, and throat) surgery. The new systems offer ENT surgeons access to augmented visualization modalities beyond the white light to discover digital possibilities in their surgical specialty.

Regional Analysis

Based on geography, the global surgical microscope market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

North America was dominating the global surgical microscope market in 2019, due to the rising number of surgeries and growing demand for minimally-invasive procedures, technological advancement, commercialization of regulatory approved surgical microscope and the joint venture between companies to develop and market surgical microscope in North American regions. For instance, Olympus Corporation and Sony Imaging Products & Solutions Inc. have partnered and introduced ORBEYE Surgical Microscope with 4K 3D video technology, in America. The technology used in the ORBEYE Surgical Microscope was developed by Sony Olympus Medical Solutions Inc. ORBEYE microscope improves surgical accuracy by providing high-resolution stereoscopic images of tissue and blood vessels.

Competitive landscape

Key players operating in the surgical microscope industry include Olympus Corporation, Carl Zeiss Meditec AG, Alcon, Inc., Carl Zeiss Meditec AG, Leica Microsystems, Topcon Corporation, Haag-Streit Surgical GmbH, Synaptive Medical, Takagi Seiko Co., Ltd., Chammed Co. Ltd., and Seiler Instrument Inc.

Increasing commercialization of regulatory approved surgical microscope, the partnership between companies to develop and market surgical microscope globally, and technological advancement in surgical microscopes are some of the strategies adopted by the major companies. For instance, Synaptive Medical has introduced Modus V, a fully automated robotic digital microscope designed to assist surgeons in the operating room for a seamless surgical workflow. The new surgical microscope are available in U.S. and Canadian to update robotic platform by adding 3D visualization and voice-activated control of the system from the sterile field.

Surgical Microscope Market Key Segments:

By Application
• Plastic and Reconstructive Surgery
• Neuro and Spine Surgery
• Oncology
• Gynecology and Urology
• Ear, Nose, and Throat (ENT) Surgery
• Ophthalmology
• Others

By End User
• Hospital
• Clinic
• Others

Key Global Surgical Microscope Industry Players
• Olympus Corporation
• Carl Zeiss Meditec AG
• Alcon, Inc.
• Carl Zeiss Meditec AG
• Leica Microsystems
• Topcon Corporation
• Haag-Streit Surgical GmbH
• Synaptive Medical
• Takagi Seiko Co., Ltd.
• Chammed Co. Ltd.
• Seiler Instrument Inc.

Table of Content

1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope

2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources

3. Surgical Microscope Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Increasing Number of Surgeries and Growing Demand for Minimally-Invasive Procedures
3.3.2. Increasing use of Fluorescence Image-Guided Surgery (FIGS)
3.4. Restraints
3.4.1. High Cost of Surgical Microscopes
3.5. Opportunity
3.5.1. Technological Advancements in Surgical Microscope
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis

4. Application Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Plastic and Reconstructive Surgery
4.2.1. Market Size & Forecast
4.3. Neuro and Spine Surgery
4.3.1. Market Size & Forecast
4.4. Oncology
4.4.1. Market Size & Forecast
4.5. Gynecology and Urology
4.5.1. Market Size & Forecast
4.6. Ear, Nose, and Throat (ENT) Surgery
4.6.1. Market Size & Forecast
4.7. Ophthalmology
4.7.1. Market Size & Forecast
4.8. Others
4.8.1. Market Size & Forecast

5. End User Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. Hospital
5.2.1. Market Size & Forecast
5.3. Clinic
5.3.1. Market Size & Forecast
5.4. Others
5.4.1. Market Size & Forecast

6. Surgical Microscope Market Regional Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. North America Surgical Microscope Market
6.2.1. North America Market Size & Forecast, By Country
6.2.2. North America Market Size & Forecast, By Application
6.2.3. North America Market Size & Forecast, By End User
6.2.4. U.S.
6.2.4.1. Market Size and Forecast
6.2.5. Canada
6.2.5.1. Market Size and Forecast
6.2.6. Mexico
6.2.6.1. Market Size and Forecast
6.3. Europe Surgical Microscope Market
6.3.1. Europe Market Size & Forecast, By Country
6.3.2. Europe Market Size & Forecast, By Application
6.3.3. Europe Market Size & Forecast, By End User
6.3.4. Germany
6.3.4.1. Market Size and Forecast
6.3.5. France
6.3.5.1. Market Size and Forecast
6.3.6. UK
6.3.6.1. Market Size and Forecast
6.3.7. Italy
6.3.7.1. Market Size and Forecast
6.3.8. Spain
6.3.8.1. Market Size and Forecast
6.3.9. Rest of Europe
6.3.9.1. Market Size and Forecast
6.4. Asia-Pacific Surgical Microscope Market
6.4.1. Asia-Pacific Market Size & Forecast, By Country
6.4.2. Asia-Pacific Market Size & Forecast, By Application
6.4.3. Asia-Pacific Market Size & Forecast, By End User
6.4.4. Japan
6.4.4.1. Market Size and Forecast
6.4.5. China
6.4.5.1. Market Size and Forecast
6.4.6. Australia
6.4.6.1. Market Size and Forecast
6.4.7. India
6.4.7.1. Market Size and Forecast
6.4.8. South Korea
6.4.8.1. Market Size and Forecast
6.4.9. Rest of Asia-Pacific
6.4.9.1. Market Size and Forecast
6.5. South America Surgical Microscope Market
6.5.1. South America Market Size & Forecast, By Country
6.5.2. South America Market Size & Forecast, By Application
6.5.3. South America Market Size & Forecast, By End User
6.5.4. Brazil
6.5.4.1. Market Size and Forecast
6.5.5. Argentina
6.5.5.1. Market Size and Forecast
6.5.6. Rest of South America
6.5.6.1. Market Size and Forecast
6.6. Middle East & Africa Surgical Microscope Market
6.6.1. Middle East & Africa Market Size & Forecast, By Country
6.6.2. Middle East & Africa Market Size & Forecast, By Application
6.6.3. Middle East & Africa Market Size & Forecast, By End User
6.6.4. GCC Countries
6.6.4.1. Market Size and Forecast
6.6.5. Egypt
6.6.5.1. Market Size and Forecast
6.6.6. South Africa
6.6.6.1. Market Size and Forecast
6.6.7. Rest of Middle East & Africa
6.6.7.1. Market Size and Forecast

7. Company Profile
7.1. Olympus Corporation
7.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2. Olympus Corporation Product Category, Application, and Specification
7.1.3. Olympus Corporation Financial Performance (2016-2018)
7.1.4. Main Business/Business Overview
7.2. Carl Zeiss Meditec AG
7.3. Alcon, Inc.
7.4. Carl Zeiss Meditec AG
7.5. Leica Microsystems
7.6. Topcon Corporation
7.7. Haag-Streit Surgical GmbH
7.8. Synaptive Medical
7.9. Takagi Seiko Co., Ltd.
7.10. Chammed Co. Ltd.
7.11. Seiler Instrument Inc.