Surgical Microscopes Market Share

North American Market Forecast

The North America surgical microscopes market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market can be attributed majorly to the rising prevalence of cardiovascular and cancer diseases, along with the growing number of surgeries in the region. For instance, from January 1, 2019, to January 30, 2021, approximately 14 125 570 surgical procedures were performed in the United States. Further, the increase in research and development activities, coupled with the presence of supportive reimbursement facilities for medical treatments are some major factors that are projected to push the market growth further throughout the forecast period in the region.

APAC Market Statistics

Furthermore, the Asia Pacific surgical microscopes market is also anticipated to display prominent market growth by the end of 2037. The growth of the market can be attributed to the increasing ratio of ophthalmic disorders, such as cataracts, diabetic retinopathy, myopia, and so on, that are estimated to drive the market’s growth during the forecast period. For instance, myopia is presently a serious public health concern in many East Asian countries, affecting between 82 to 91% of high school graduates, with around 12 to 20% having sight-threatening pathologic myopia. In addition to this, the surge in medical tourism and the escalating count of surgical procedures are some further factors that are anticipated to propel the market growth in the region in the projected time frame.