Global microsurgery market is expected to reach USD 1,698.68 Million by 2025 from USD 1,003.63 Million in 2017, at a CAGR of 6.9% in the forecast period 2018 to 2025. The microsurgery market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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The prevalence of chronic diseases in the western countries is growing extensively owing to rapid demand among the elderly population. For the treatment of numerous chronic diseases, novel techniques are being used by the surgeons. The key market players for global market are listed below:
- Carl Zeiss Meditec AG
- tisurg medical instruments Co.
- SYNOVIS MICRO COMPANIES ALLIANCE, INC.
- Hu-Friedy Mfg. Co., LLC
- MicroSurgical Technology
- Peter LAZIC GmbH
- MICROSURGERY INSTRUMENTS, INC.
- Adarsh Surgical Works
- Accurate Surgical & Scientific Instruments Corporation
- KLS Martin Group
- Boss Instruments Ltd.
- Beaver-Visitec International
- Scanlan International
The major factors contributing to the growth of the market includes factors such as increasing prevalence of chronic diseases, technological advancement in the surgical procedures and rising geriatric population. On the other hand high cost of surgeries may hinder the growth of the market are the factors which will boost the global microsurgery market.
Microsurgery is considered to be the most innovative method being used in the plastic surgery. It is used for the treatment of the small anatomies of the body. Moreover, this practice has provided plastic surgeon a better opportunity for reconstruction of new body parts.
- Microsurgery Market drivers and restrains
- Key trends of the market
- Challenges of Microsurgery market growth
- Major players in the market
- CAGR values for the Microsurgery forecast period and historic years
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The market is further segmented into:
- Equipment Type
The global microsurgery market is segmented based on application into nine notable segments
- General surgery
- Orthopedic surgery
- Plastic surgery
- Gynecological surgery
- Oral surgery
- Pediatric surgery and others
In 2018 general surgery market is likely to dominate market with 25.7% shares and is estimated to reach 461.42 million by 2025. It is growing at the highest CAGR of 7.7% in the forecast period.
The global microsurgery market is segmented based on procedure into four notable segments;
- Treatment of infertility
- Free tissue transfer
Replantation is sub segmented into
- Fingers and thumbs
- Ear and scalp
Treatment of infertility is sub segmented into
- Tubal Obstruction
- Vas Deferens Obstructions
In 2018, transplantation market will dominate with 41.2% shares and will consume around 727.44 million by 2025. It is growing at the highest CAGR of 7.5% in the assessment period.
The global microsurgery market is segmented based on equipment type into three notable segments;
- Microsurgical Instruments
- Microsutures Materials
In 2018, the microsurgical instruments market is estimated to dominate market with 61.7% shares and will collect around 1,047.78 million by 2025, rising with the CAGR of 6.9%.
The global microsurgery market is segmented based on end user into 3 notable segments;
- research organization
In 2018, hospitals market is expected to dominate market with 76.7% shares and is estimated to reach 1,324.94 million by 2025, growing at the highest CAGR of 7.1%.
Based on geography, the market is segmented into 5 geographical regions:
- North America
- South America
- Middle East and Africa
TABLE OF CONTENTS
- MARKET SEGMENTATION
2.1. MARKETS COVERED
2.2. GEOGRAPHIC SCOPE
2.3. YEARS CONSIDERED FOR THE STUDY
2.4. CURRENCY AND PRICING
2.5. RESEARCH METHODOLOGY
2.6. PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7. SECONDARY SOURCES
- MARKET OVERVIEW
- EXECUTIVE SUMMARY
- PREMIUM INSIGHTS
- GLOBAL MICROSURGERY MARKET, BY APPLICATION
6.2. GENERAL SURGERY
6.5. ORTHOPEDIC SURGERY
6.6. PLASTIC SURGERY
6.8. GYNECOLOGICAL SURGERY
6.9. ORAL SURGERY
6.10. PEDIATRIC SURGERY
- GLOBAL MICROSURGERY MARKET, BY PROCEDURES
7.4. TREATMENT OF INFERTILITY
- GLOBAL MICROSURGERY MARKET, BY EQUIPMENT TYPE
Covered in this report
The report covers the present scenario and the growth prospects of the global microsurgery for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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