Dublin, May 28, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/pxpt8k/surgicaloperating) has announced the addition of the "Surgical/Operating Microscopes Market by Application & End User - Global Forecast to 2020" report to their offering.
The global surgical microscopes market is poised to reach $806.6 million by 2020 from $402.2 million in 2014, at a CAGR of 12.3% from 2015 to 2020.
Major factors fueling market growth are need for high speed diagnostics, increase in the number of surgeries, advancement in the healthcare facilities, and increase in the demand for minimally invasive surgeries (MIS). However, the high cost of advanced operating microscopes; implementation of excise tax by the U.S. government; and heavy custom duty on medical devices are restricting the growth of this market.
The surgical microscopes market, by application, is segmented into neuro & spine surgery, plastic & reconstructive surgery, oncology, ophthalmology, gynaecology & urology, ENT, dentistry, and documentation. In this market, oncology is the fastest growing application due to growing prevalence of cancer around the world.
The operating microscopes market, by end user, is categorized into hospitals and outpatient facilities. Hospitals are the major end users of this market.
Geographically, the surgical microscopes market is dominated by North America, followed by Europe. Asia-Pacific is expected to grow at a double digit CAGR during the forecast period.
Key players operating in the microscopy market are Carl Zeiss (Germany), Leica Microsystems (Danaher Corp.), Alcon Laboratories (U.S.), Alltion (Wuzhou) Co. Ltd. (China), ACCU-SCOPE Inc. (U.S.), and Takagi Seiko Co Ltd. (Japan).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Surgical Microscopes Market, By Application
8 Surgical Microscopes Market, By End User
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
- ACCU-Scope
- Alcon Laboratories Inc
- Alltion (Wuzhou) Co., Ltd.
- ARRI Medical
- BMS Medical
- Carl Zeiss
- HAAG-Streit Surgical
- Leica Microsystems
- Takagi
- Topcon Corporation
For more information visit http://www.researchandmarkets.com/research/pxpt8k/surgicaloperating
Surgical/Operating Microscopes Market 2015 - Global Forecast to 2020: Neuro & Spine Surgery, Plastic and Reconstructive Surgery, Oncology, Ophthalmology, Gynaecology & Urology, Dentistry, Documentation
| Source: Research and Markets