Canada Surgical Microscopes Market Size & Outlook

The surgical microscopes market in Canada is expected to reach a projected revenue of US$ 32.8 million by 2030. A compound annual growth rate of 12.8% is expected of Canada surgical microscopes market from 2024 to 2030.
Revenue, 2023 (US$M)
$14.1
Forecast, 2030 (US$M)
$32.8
CAGR, 2024 - 2030
12.8%
Report Coverage
Canada

Canada surgical microscopes market highlights

  • The Canada surgical microscopes market generated a revenue of USD 14.1 million in 2023 and is expected to reach USD 32.8 million by 2030.
  • The Canada market is expected to grow at a CAGR of 12.8% from 2024 to 2030.
  • In terms of segment, hospitals was the largest revenue generating end use in 2023.
  • Outpatient Facilities is the most lucrative end use segment registering the fastest growth during the forecast period.


Surgical microscopes market data book summary

Market revenue in 2023USD 14.1 million
Market revenue in 2030USD 32.8 million
Growth rate12.8% (CAGR from 2023 to 2030)
Largest segmentHospitals
Fastest growing segmentOutpatient Facilities
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHospitals, Outpatient Facilities
Key market players worldwideCarl Zeiss Meditec AG, Danaher Corp, Olympus Corp, Metall Zug Ltd Class B, Synaptive Medical, Alcon Inc, Topcon Corp, Takagi Seiko, Seiler Instrument & Mfg. Co. Inc.


Other key industry trends

  • In terms of revenue, Canada accounted for 2.7% of the global surgical microscopes market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. surgical microscopes market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 32.8 million by 2030.

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Surgical Microscopes Market Scope

Surgical Microscopes Market Companies

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Canada surgical microscopes market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to surgical microscopes market will help companies and investors design strategic landscapes.


Hospitals was the largest segment with a revenue share of 56.03% in 2023. Horizon Databook has segmented the Canada surgical microscopes market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.


Strategic investments in projects that empower the national health agenda are driving the market growth. More than one million surgical procedures are performed annually in Canada. The number of microsurgeries performed in day-care settings is expected to increase owing to easy availability of advanced equipment. 

In October 2017, Synaptive Medical, a medical device and technology company, released Modus V a second-generation digital microscope with a robotic arm, which helps surgeons perform less invasive procedures with better precision. It is effectively used for robotic-assisted neurosurgery.

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Target buyers of Canada surgical microscopes market databook

  • Our clientele includes a mix of surgical microscopes market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada surgical microscopes market , including forecasts for subscribers. This country databook contains high-level insights into Canada surgical microscopes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada surgical microscopes market size, by end use, 2018-2030 (US$M)

Canada Surgical Microscopes Market Outlook Share, 2023 & 2030 (US$M)

Canada surgical microscopes market size, by end use, 2018-2030 (US$M)

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