EMEA Surgical Microscopes Market Size, Share & Trends Analysis Report By Type (On Casters, Tabletop), By Application (Ophthalmology, ENT Surgery), By End-use (Hospital, Physician Clinics & Others, And Segment Forecasts, 2022 - 2030

Report Overview

The EMEA surgical microscopes market size was valued at USD 301.4 million in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 10.95% from 2022 to 2030. Complex minimally invasive neurosurgery and ENT procedures necessitate greater precision on the part of surgeons performing the procedures. With the introduction of surgical microscopes, surgeons were able to perform such procedures more accurately and in less time. Surgical microscopes used in surgeries can curtail bleeding during surgery (up to 88.7% less blood loss), reduce pain for patients after the surgery, restrict infection risk & complication rate, and enhance recovery time.

This enables surgeons to perform minimally invasive surgeries with remarkable precision, focusing on the ailing area while decreasing bleeding, tissue scar, and muscle damage. Surgical microscopes have become necessary equipment for minimally invasive surgical procedures in a variety of fields, including neurosurgery, dental surgery, ophthalmic surgery, otorhinolaryngology, and cosmetic surgery. Furthermore, the introduction of technologically advanced products is driving the demand for surgical microscopes as they are more precise, have better illumination sources, and offer customization & technology integration options based on the complexity of the procedures.

International players, such as Leica Microsystems and Zeiss, are making a difference in the market by offering automated, highly advanced, and robotic surgical microscopes with greater precision. Continuous product innovations have resulted in considerable up-gradation of surgical microscopes. Integral features of an operating microscope, such as illumination, magnification, optics, and video recording, have significantly improved since it was first used in surgery. Operating microscopes have become more sophisticated, and manufacturers offer a wide range of controllable options that provide efficient visualization & illumination required for micro incisional surgical techniques. Moreover, technological advancements have enabled seamless integration of other operating tools with surgical microscopes.

COVID-19 EMEA surgical microscopes market impact: 9.9% growth from 2020 to 2021 

For instance, In December 2021, Leica Microsystems launched ARveo 8 digital visualization Neurosurgery with ultra-fast processing speeds. Improvements in the healthcare infrastructure and the adoption of technologically advanced devices in developing countries of the MEA region have significantly improved patient outcomes. Furthermore, owing to rising disposal income levels, individuals are opting for expensive medical procedures, such as minimally invasive surgeries that require the use of surgical microscopes as they offer better resolution and magnification. The aforementioned factors are leading to increased demand for advanced medical equipment, thereby driving the market growth.

Type Insights

Based on type, the global market is segmented into on-casters, wall-mounted, tabletop, and ceiling-mounted microscopes. The on-casters microscopes segment dominated the market in 2021 and accounted for the maximum share of more than 79.00%. It is expected to grow at a lucrative CAGR from 2022 to 2030 and witness the fastest growth during the forecast period in the Europe region. However, in the MEA region, on-casters and wall-mounted microscopes, both are expected to witness the fastest growth rates from 2022 to 2030. Portability, improved ergonomics of such microscopes, and better cleaning & maintenance capabilities are key factors boosting the segment growth.

Advantages of on-caster equipment, such as repositioning functionality and effective maneuvering that requires minimal effort, aid in reducing the duration of the operation. Hence, they have applications in various surgical fields including dental, ophthalmology, neurosurgery, cosmetics procedures, and ENT; leading to high product demand. Ceiling-mounted devices are suspended from a telescoping column directly attached to the ceiling. These systems are usually installed in surgical rooms and used in procedures, such as neurosurgery, microsurgery, and ophthalmology; they are also installed in dental surgery cabinets. These devices provide the highest stability, which is crucial during neurosurgery and ophthalmic & plastic surgeries. They provide the same level of flexibility that is offered by a floor-mounted microscope.

Application Insights

Based on application, the market is categorized into ophthalmology, neurosurgery & spinal surgery, ENT surgery, plastic & reconstructive surgeries, gynecology, urology, dentistry, and other surgeries. The ophthalmic surgery segment dominated the market in 2021 with a revenue share of more than 37.00%. due to the increasing prevalence of eye disorders, technological advancements, rise in government initiatives, and high volume of cataract surgeries. As per October 2021 statistics by the World Health Organization (WHO), globally, 2.2. million people have eye disorders. Many cataract surgeries were performed in developing nations, such as South Africa, which can be attributed to favorable initiatives in the countries. In 2020, around 290,000 South Africans were at risk of becoming blind because of untreated cataracts.

According to the 2021 statistics by the WHO, western, eastern, and central sub-Saharan Africa has an 80% prevalence of near vision disorders. Owing to the high demand, manufacturers are offering a wide range of products for treating various ophthalmic conditions. The ENT surgery segment is expected to grow at the highest CAGR over the forecast period owing to the growing prevalence of otolaryngology & brain disorders and the penetration of advanced techniques that involve the use of surgical microscopes. Plastic & reconstructive surgeries and dentistry segments are also expected to grow at a remunerative rate owing to an increase in the demand for cosmetic dentistry.

End-use Insights

Based on end-use, the market is further segmented into hospital and physician clinics & other settings. The hospital was the largest end-use segment in 2021. The segment accounted for the maximum share of more than 58.00% of the overall market revenue. The high share can be attributed to the large volumes of surgeries being performed in hospital settings and a higher number of patient admissions as well as greater financing capabilities of hospitals. Surgical microscopes are a profitable investment on account of a high number of multispecialty surgeries being performed in hospitals.

Furthermore, hospitals have funding to purchase the most advanced surgical tools and equipment to improve and streamline their workflow in operating rooms (ORs). On the other hand, the physician clinics & other settings segment is expected to grow at the fastest CAGR during the forecast period. High demand for advanced medical care in developed countries, such as Italy and France, and patient willingness to pay for advanced surgical procedures for faster recovery and shorter hospital stays are some of the major factors contributing to the growth of the physician clinics & other surgical settings segment.

Regional Insights

Europe was the leading region in 2021 and accounted for the maximum share of more than 89.5% of the overall market revenue. The strong presence of sophisticated healthcare facilities, the availability of highly advanced equipment & skilled neuro & cosmetic surgeons, an increase in the number of surgical facilities, and a rise in the preference for outpatient settings for microsurgical procedures are among the major factors driving the growth of the Europe surgical microscopes market. In addition, the prevalence of ophthalmic and neurologic disorders in this region is substantially higher, which, in turn, facilitates greater usage of surgical microscopes, thereby augmenting the market growth.

The market is estimated to expand further at the fastest CAGR retaining the leading position throughout the forecast period. The Middle East & Africa surgical microscopes market is anticipated to register the second-fastest CAGR during the forecast period. The rising incidence of eye & otorhinolaryngology diseases, growing demand for cosmetic & dental procedures, and increasing healthcare expenditure are among the major factors driving the market in the MEA region. South Africa dominated the MEA regional market in 2020 on account of the rising awareness about advanced surgical treatments available for ophthalmic, ENT, and dental conditions.

Key Companies & Market Share Insights

The market is consolidated with the presence of a few established players. Product launches and research initiatives for the expansion of product portfolios are the key strategic undertakings of these companies to increase market share. For instance, in March 2021, Olympus Corp. introduced EASYSUITE, its next-generation OR integration solution, in the EMEA. With the launch of EASYSUITE, the company aimed to push digitalization in surgical procedures and consolidate its position as a pioneer in the EMEA region. Some of the prominent players in the EMEA surgical microscopes market include:

• Zeiss

• Olympus Corp.

• Leica Microsystems

• Alcon, Inc.

• Takagi Seiko Co., Ltd.

• Topcon Corp.

• Haag-Streit Surgical Gmbh

• ARI Medical Technology Co., Ltd.

• Synaptive Medical

• Chammed Co., Ltd.

• Atmos Medizintechnik GmbH & Company KG

• Intamed

• Al Amin Medical Instruments Co. Ltd.

EMEA Surgical Microscopes Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at the regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the EMEA surgical microscopes market report based on type, application, end-use, and region:

• Type Outlook (Revenue, USD Million, 2017 - 2030)

  • On Casters

  • Wall-mounted

  • Tabletop

  • Ceiling-mounted

• Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Neurosurgery and Spine Surgery

  • ENT Surgery

  • Dentistry

  • Gynecology

  • Urology

  • Ophthalmology

  • Plastic & Reconstructive Surgeries

  • Other Surgeries

• End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Hospital

  • Physician Clinics and Other Settings

• Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

  • Middle East & Africa (MEA)

    • South Africa

    • Saudi Arabia