U.S. Surgical Microscopes Market (By Type: On Casters, Ceiling Mounted, Wall Mounted; By Application; By End-use: Hospital, Physician's/Dentists Clinic) - Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030

The U.S. surgical microscopes market is expected to surpass around USD 389.9 Million by 2030, poised to grow at a CAGR of 12.1% from 2022 to 2030

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 a greater demand for the product due to the requirement of more frequent surgical interventions.

Awareness regarding the advantages of minimally invasive surgeries is also expected to stoke the growth of the market. A surgical microscope is one of the key devices needed for minimally invasive surgeries. The advantages of minimally invasive surgeries include reduced overall healthcare costs, 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.

Scope of The Report

Type Insights

The market, based on type, is divided into on casters, wall-mounted, tabletop, and ceiling mounted. The on casters microscopes are designed to be portable, which helps in cleaning and maintenance of the product. In addition, they are available in product variants such as single mounted, double mounted, or compound wheels. These factors are estimated to support the dominance of the segment in the market over the forecast period. The segment is also projected to exhibit a remarkable growth rate over the same period. Several prominent players including market leaders such as Zeiss and Leica Microsystems are providing the option of portability in all surgical microscopes.

Application Insights

The key application segments include ENT surgery, dentistry, oncology, gynecology, urology, ophthalmology, plastic & reconstructive surgery, neurosurgeries, and spine surgeries. Oncology was the leading revenue contributor in the U.S. operating microscopes market in 2016. As mentioned, rising prevalence and complexity of chronic conditions facilitate the use of advanced techniques including operational microscopes.

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. This gives an opportunity to market players to invest in this region. Surgical removal of tumors is an important method of treatment and surgical microscopes are known to assist in the better removal of tumors.

End-use Insights

Based on end-use, the market is segmented into hospitals, physician/dentist’s clinics, and other outpatient settings. Hospitals have the highest number of operating rooms in the U.S., thus, the adoption of the product is highest in hospitals. Hospitals will remain the most prominent end-use segment in the country in terms of revenue throughout the forecast period.

However, the physician/dentist’s clinic segment is likely to register the highest CAGR during the forecast period. Soaring demand for cosmetic dentistry and procedures such as root canal therapy, dental trauma therapy, and dental cracking is poised to rev up the adoption rate of operating microscopes.

Regional Insights

From a geographical standpoint, the market is classified into California, Texas, Ohio, Massachusetts, Pennsylvania, New York, New Jersey, Michigan, Illinois, and Florida. New York dominated the market in terms of revenue in 2016. There are an estimated 134 Ambulatory Surgical Centers (ASC) in New York. The most common procedures conducted in these facilities are cataract surgeries, upper GI procedures, and colonoscopies. Rapid growth in the geriatric population in the region is also escalating the need for surgical intervention. Rising awareness regarding the benefits of minimally invasive surgery and a high number of ASCs are anticipated to keep the demand for the product high over the forecast period.

Key Players

• Seiler Precision Microscopes
• Alcon Laboratories
• Alltion (Wuzhou) Co. Ltd.
• Carl Zeiss
• Leica Microsystems
• Takagi Seiko Co Ltd.
• Topcon Corporation Inc.

Market Segmentation

• By Type Outlook

• On Casters
• Wall Mounted
• Table Top
• Ceiling Mounted
• By Application Outlook
• Neurosurgery and Spine Surgery
• ENT Surgery
• Dentistry
• Oncology
• Gynecology
• Urology
• Ophthalmology
• Plastic & Reconstructive Surgeries
• Other Surgeries
• By End-use Outlook
• Hospitals
• Physician's/Dentists Clinic
• Other Outpatient Settings
• By Regional Outlook
• The U.S.

• California
• Texas
• Ohio
• Massachusetts
• New York
• Pennsylvania
• Illinois
• Florida
• New Jersey
• Michigan
• Rest of the U.S.