As cited by the research report titled ‘Surgical Microscopes Market Size By Device Type (Tabletop, On Casters, Wall Mounted, Ceiling Mounted), By Application (Dentistry, Urology, Oncology, Gynecology, ENT Surgery, Neurosurgery, Ophthalmology, Spine Surgery, Plastic & Reconstructive Surgery), By End-use (Hospitals, Ambulatory Surgical Centers), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global surgical microscopes market is estimated to expand significantly over 2021-2027.
 

Increasing prevalence of chronic diseases coupled with rising geriatric population are the major factors driving global surgical microscopes market growth. Growing usage of surgical microscopes in operating rooms owing to their excellent illumination capabilities, adjustable magnification, and clear view of surgical field have helped in ensuring surgical precision, which in turn is augmenting the overall market scope.
 

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In addition, research capabilities and technological advancements have led to rising development of state-of-the-art surgical microscopes. Prominent players are lately adopting lucrative strategies to garner significant returns from the rapidly developing market, thus favoring the industry dynamics.
 

Based on device type, the on casters device type segment accounted for USD 669 million in 2020 and is estimated to garner notable return over the assessment period owing to its several advantages like better maneuvering capability, optimum stability, and repositioning functionality.
 

Considering application range, the oncology segment captured 7.7% market share in 2020 and is likely to witness a 11.5% CAGR over the projected timeline, on account of rising incidences of cancer and advent of interventional oncology.
 

Moving on to end user ambit, the ambulatory surgical centers segment is projected to accumulate a valuation of USD 778 million over the estimated timeline owing to rising demand for cost-effective surgical treatments, shorter stays for treatments as well as better access to cutting-edge medical technology.
 

On the geographical front, the Middle East & Africa market accounted for USD 35 million in 2020 and is poised to amass considerable returns over the estimated timeline, primarily driven by rising number of people with chronic diseases requiring surgical interventions across the region.
 

Prominent players profiled in global surgical microscopes industry are Labomed Inc., Munich Surgical Imaging GmbH, Chammed Co. Ltd., Alltion, Carl Zeiss Meditec AG, Olympus Corporation, Alcon Laboratories Inc., Topcon Corporation, Leica Microsystems (Danaher Corporation), Haag-Streit Surgical GmbH, Seiler Instrument & Mfg. Co., Synaptive Medical Inc., and Takagi Seiko Co. Ltd.