U.S. Surgical Microscope Market To Reach $1.0 Billion By 2030

U.S. Surgical Microscope Market Growth & Trends

The U.S. surgical microscopes market size is expected to reach USD 1.0 billion by 2030, according to a new report by Grand View Research, Inc., progressing at a CAGR of 10.8% during the forecast period. 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.

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U.S. Surgical Microscope Market Report Highlights

• The on casters type segment dominated the market with a revenue share of 79.8% in 2023 as it offers unparalleled portability, allowing for effortless movement around the operating theater.

• Ophthalmology led the application segment with a revenue share of 37.4% in 2023. The growing geriatric population and changes in lifestyles have led to an increase in patients with cataracts, glaucoma, macular degeneration, and diabetic retinopathy.

• Based on end-use, hospitals were the leading revenue contributors in 2023. The trend is estimated to continue throughout the forecast period.

U.S. Surgical Microscope Market Segmentation

Grand View Research has segmented the U.S. surgical microscope market report based on type, application, end use, and region:

U.S. Surgical Microscope Type Outlook (Revenue, USD Million, 2018 - 2030)

• On Casters

• Wall Mounted

• Table Top

• Ceiling Mounted

U.S. Surgical Microscope Application Outlook (Revenue, USD Million, 2018 - 2030)

• Ophthalmology

• Neurosurgery

• Spine Surgery

• ENT Surgery

• Plastic & Reconstructive Surgeries

• Gynecology

• Urology

• Dentistry

• Other Services

U.S. Surgical Microscope End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospital

• Physician Clinics & Other Settings

List of Key Players in U.S. Surgical Microscope Market

• ZEISS Group

• Leica Microsystems

• haag-streit.com

• Alcon Inc.

• ARI Medical Technology Co., Ltd.

• Seiler Instrument Inc.

• Olympus America

• Synaptive Medical

• TOPCON CORPORATION