Market Overview:
The global spine surgery microscope market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of spinal disorders, rising demand for minimally invasive surgeries, and technological advancements in spine surgery microscopes. Based on type, the global spine surgery microscope market is segmented into high-end, mid-range, and low-range microscopes. The high-end segment is expected to account for the largest share of the global market in 2018. This can be attributed to the increasing demand for technologically advanced products and growing adoption of these products by hospitals and surgical centers. Based on application, the global spine surgery microscope market is segmented into hospital outpatient department (HOPD), ambulatory surgical centers (ASCs), clinics & physician offices.
Product Definition:
A spine surgery microscope is a medical device that is used to magnify an image of the spinal column and surrounding tissues during surgery. This type of microscope allows surgeons to more clearly see the surgical site, which can help them to perform procedures more accurately and safely.
High End:
High end spine surgery microscope market is expected to witness significant growth over the forecast period owing to increasing demand for minimally invasive procedures, technological advancements in imaging techniques and growing prevalence of diseases such as degenerative disc disease. According to a study conducted by the American Academy of Orthopedic Surgeons (AAOS), it was estimated that high-end spine surgeries using microsurgery will witness growth at a rate of 40% from 2010 to 2030.
Mid and Low Range:
The global mid and low range and it's usage in spine surgery microscope market size was valued at USD 86.5 million in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% from 2019 to 2023.
Application Insights:
Based on application, the global spine surgery microscope market is segmented into hospital outpatient department, ambulatory surgical centers, clinics and physician offices. The clinics and physician offices held the largest share of over 70% in 2017. This is due to a large number of procedures that require close visual inspection for accurate diagnosis. Furthermore, increasing demand for minimally invasive surgeries has led to an increase in the utilization of spinal surgery microscopes at ambulatory surgical centers as well as clinics & physicians office settings.
The HOPD held a significant share owing to its wide usage during diagnostic evaluations by orthopedic surgeons or pain management specialists seeking an objective assessment regarding various clinical issues pertaining to back pain or related conditions such as disc degenerative disease or cancerous tumors compressing nerves causing lower back problems etc.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the increasing number of patients suffering from osteoarthritis and trauma injuries, leading to a rise in demand for minimally invasive spine surgery procedures. In addition, growing R&D investments by major players for developing innovative products is expected to drive growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to factors such as improving healthcare infrastructure and rising medical tourism due to availability of affordable treatment options at hospitals & ambulatory surgical centers across countries such as India, China, Singapore and Thailand. Moreover, increasing geriatric population coupled with rising disposable income will boost product demand over the next eight years.
Growth Factors:
- Increasing incidence of spine disorders: The global prevalence of spine disorders is increasing at a rapid pace. This is primarily attributed to the changing lifestyles and growing aging population. As a result, the demand for spine surgery microscope is expected to surge in the coming years.
- Technological advancements: The development of innovative technologies has revolutionized the field of spine surgery microscopy. This is likely to boost the growth prospects of this market in the near future.
- Rising awareness about benefits of minimally invasive surgeries: There has been a significant rise in awareness about benefits associated with minimally invasive surgeries over traditional open surgeries across globe in last few years .This is anticipated to fuel demand for spine surgery microscope during forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Spine Surgery Microscope Market Research Report
By Type
High End, Mid and Low Range
By Application
Hospital Outpatient Department(HOPD), Ambulatory Surgical Centers, Clinics & Physician Offices
By Companies
Carl Zeiss Meditec, Haag-Streit Surgical, Leica Microsystems, Life Support Systems, Global Surgical Corporation, Takagi, Inami, Topcon Europe Medical BV, Allition (Wuzhou), Alcon, Seiler, Haag-Streit Surgical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Spine Surgery Microscope Market Report Segments:
The global Spine Surgery Microscope market is segmented on the basis of:
Types
High End, Mid and Low Range
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital Outpatient Department(HOPD), Ambulatory Surgical Centers, Clinics & Physician Offices
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Carl Zeiss Meditec
- Haag-Streit Surgical
- Leica Microsystems
- Life Support Systems
- Global Surgical Corporation
- Takagi
- Inami
- Topcon Europe Medical BV
- Allition (Wuzhou)
- Alcon
- Seiler
- Haag-Streit Surgical
Highlights of The Spine Surgery Microscope Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High End
- Mid and Low Range
- By Application:
- Hospital Outpatient Department(HOPD)
- Ambulatory Surgical Centers
- Clinics & Physician Offices
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Spine Surgery Microscope Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A spine surgery microscope is a medical device used to view the inside of a human spine. It is often used during surgery to help surgeons see and avoid potential problems with the spinal cord or other organs in the spine.
Some of the major players in the spine surgery microscope market are Carl Zeiss Meditec, Haag-Streit Surgical, Leica Microsystems, Life Support Systems, Global Surgical Corporation, Takagi, Inami, Topcon Europe Medical BV, Allition (Wuzhou), Alcon, Seiler, Haag-Streit Surgical.
The spine surgery microscope market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Spine Surgery Microscope Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Spine Surgery Microscope Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Spine Surgery Microscope Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Spine Surgery Microscope Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Spine Surgery Microscope Market Size & Forecast, 2018-2028
4.5.1 Spine Surgery Microscope Market Size and Y-o-Y Growth
4.5.2 Spine Surgery Microscope Market Absolute $ Opportunity
Chapter 5 Global Spine Surgery Microscope Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Spine Surgery Microscope Market Size Forecast by Type
5.2.1 High End
5.2.2 Mid and Low Range
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Spine Surgery Microscope Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Spine Surgery Microscope Market Size Forecast by Applications
6.2.1 Hospital Outpatient Department(HOPD)
6.2.2 Ambulatory Surgical Centers
6.2.3 Clinics & Physician Offices
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Spine Surgery Microscope Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Spine Surgery Microscope Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Spine Surgery Microscope Analysis and Forecast
9.1 Introduction
9.2 North America Spine Surgery Microscope Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Spine Surgery Microscope Market Size Forecast by Type
9.6.1 High End
9.6.2 Mid and Low Range
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Spine Surgery Microscope Market Size Forecast by Applications
9.10.1 Hospital Outpatient Department(HOPD)
9.10.2 Ambulatory Surgical Centers
9.10.3 Clinics & Physician Offices
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Spine Surgery Microscope Analysis and Forecast
10.1 Introduction
10.2 Europe Spine Surgery Microscope Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Spine Surgery Microscope Market Size Forecast by Type
10.6.1 High End
10.6.2 Mid and Low Range
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Spine Surgery Microscope Market Size Forecast by Applications
10.10.1 Hospital Outpatient Department(HOPD)
10.10.2 Ambulatory Surgical Centers
10.10.3 Clinics & Physician Offices
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Spine Surgery Microscope Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Spine Surgery Microscope Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Spine Surgery Microscope Market Size Forecast by Type
11.6.1 High End
11.6.2 Mid and Low Range
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Spine Surgery Microscope Market Size Forecast by Applications
11.10.1 Hospital Outpatient Department(HOPD)
11.10.2 Ambulatory Surgical Centers
11.10.3 Clinics & Physician Offices
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Spine Surgery Microscope Analysis and Forecast
12.1 Introduction
12.2 Latin America Spine Surgery Microscope Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Spine Surgery Microscope Market Size Forecast by Type
12.6.1 High End
12.6.2 Mid and Low Range
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Spine Surgery Microscope Market Size Forecast by Applications
12.10.1 Hospital Outpatient Department(HOPD)
12.10.2 Ambulatory Surgical Centers
12.10.3 Clinics & Physician Offices
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Spine Surgery Microscope Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Spine Surgery Microscope Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Spine Surgery Microscope Market Size Forecast by Type
13.6.1 High End
13.6.2 Mid and Low Range
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Spine Surgery Microscope Market Size Forecast by Applications
13.10.1 Hospital Outpatient Department(HOPD)
13.10.2 Ambulatory Surgical Centers
13.10.3 Clinics & Physician Offices
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Spine Surgery Microscope Market: Competitive Dashboard
14.2 Global Spine Surgery Microscope Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carl Zeiss Meditec
14.3.2 Haag-Streit Surgical
14.3.3 Leica Microsystems
14.3.4 Life Support Systems
14.3.5 Global Surgical Corporation
14.3.6 Takagi
14.3.7 Inami
14.3.8 Topcon Europe Medical BV
14.3.9 Allition (Wuzhou)
14.3.10 Alcon
14.3.11 Seiler
14.3.12 Haag-Streit Surgical
