LAMEA Surgical Microscopes Market

LAMEA Surgical Microscopes Market Size, Share & Industry Trends Analysis Report By End-User (Hospitals and Outpatient Facilities), By Price Range (Low Range, Mid-Range and Premium Range), By Application, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-18759 Publication Date: November-2023 Number of Pages: 157
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Analysis of Market Size & Trends

The Latin America, Middle East and Africa Surgical Microscopes Market would witness market growth of 10.7% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 15,643.5 units, showcasing a growth of 11.9% (2023-2030).

Plastic and reconstructive surgeons use surgical operating microscopes for procedures like microsurgical tissue transplantation, facial reconstruction, and hand surgery. These microscopes assist in achieving optimal aesthetic and functional outcomes. Orthopaedic surgeons utilize these during procedures like spine surgery, joint replacement, and bone reconstruction. The magnified view aids in the accurate placement of implants and the preservation of surrounding tissues. In dentistry, these are used for endodontic procedures (root canal therapy), dental implant placement, and oral surgery.

The expansion of minimally invasive surgical techniques has been a significant factor in the demand for surgical operating microscopes. These microscopes are essential for minimally invasive procedures, as they provide high-resolution images and allow for precise manipulation of tissues through small incisions. As patient preferences and clinical outcomes favour minimally invasive approaches, the market is likely to expand further. These are not only used in clinical settings but also educational and research institutions. Medical schools, teaching hospitals, and research centres continue to invest in these instruments to train future surgeons and conduct cutting-edge research.

The LAMEA region comprises a wide range of countries with varying levels of healthcare infrastructure. Some countries have well-developed healthcare systems, while others face resource constraints and disparities in healthcare access. The adoption and utilization of these can vary significantly across countries. Ophthalmology is a prominent medical specialty across the LAMEA region, and these are extensively used in eye surgeries. This includes cataract surgery, corneal transplant procedures, and retinal surgeries. These aspects will boost the market growth in the coming years.

The Brazil market dominated the LAMEA Surgical Microscopes Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $31.3 million by 2030. The Argentina market is showcasing a CAGR of 11.3% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 10.4% during (2023 - 2030).

Based on End-User, the market is segmented into Hospitals and Outpatient Facilities. Based on Price Range, the market is segmented into Low Range, Mid-Range and Premium Range. Based on Application, the market is segmented into Ophthalmology, ENT, Plastic & Reconstructive Surgeries, Dentistry, Neurosurgery & Spine Surgery, Gynaecology & Urology and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Surgical Microscopes Market is Projected to reach USD 1.6 Billion by 2030, at a CAGR of 8.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Carl Zeiss Meditec AG (Carl Zeiss AG), Danaher Corporation, Olympus Corporation, Alcon, Inc., Topcon Corporation, Takagi Seiko Co., Ltd., Novartis AG, ARI Medical Technology Co., Ltd., Synaptive Medical Inc., and Karl Kaps GmbH & Co. KG

Scope of the Study

Market Segments Covered in the Report:

By End-User (Volume, Units, USD Billion, 2019 to 2030)

  • Hospitals
  • Outpatient Facilities

By Price Range (Volume, Units, USD Billion, 2019 to 2030)

  • Low Range
  • Mid-Range
  • Premium Range

By Application (Volume, Units, USD Billion, 2019 to 2030)

  • Ophthalmology
  • ENT
  • Plastic & Reconstructive Surgeries
  • Dentistry
  • Neurosurgery & Spine Surgery
  • Gynecology & Urology
  • Others

By Country (Volume, Units, USD Billion, 2019 to 2030)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Carl Zeiss Meditec AG (Carl Zeiss AG)
  • Danaher Corporation
  • Olympus Corporation
  • Alcon, Inc.
  • Topcon Corporation
  • Takagi Seiko Co., Ltd.
  • Novartis AG
  • ARI Medical Technology Co., Ltd.
  • Synaptive Medical Inc.
  • Karl Kaps GmbH & Co. KG
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