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Microsurgical Instruments Market by Type (Operating Microscopes, Micro Sutures (Non-Absorbable & Absorbable), Forceps, Needle Holder), Microsurgery (Plastic, Ophthal, ENT, Orthopedic, GYN), End User (Hospitals, ASCs, Academia) - Global Forecast to 2024

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Date: 16-Aug-2019
No. of pages: 139
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“The microsurgical instruments market is projected to grow at a CAGR of 5.2%.”

The microsurgical instruments market is projected to reach USD 2.2 billion by 2024 from USD 1.7 billion in 2019, at a CAGR of 5.2%. The increasing prevalence of chronic diseases, lifestyle disorders, and cancer; benefits of microsurgeries over traditional surgeries; and the increasing number of surgeries among the geriatric population & growing popularity of plastic and reconstructive surgeries are driving the growth of the microsurgical instruments market.

“Ophthalmic microsurgeries segment to witness the highest growth in the microsurgical instruments market during the forecast period.”

On the basis of the type of microsurgery, the microsurgical instruments market is segmented into orthopedic, neurological, ENT, ophthalmic, dental, gynecological & urological, plastic & reconstructive, and other microsurgeries. The ophthalmic microsurgeries segment is expected to witness the highest growth during the forecast period due to the high number of ophthalmic procedures performed across the globe, coupled with the high prevalence of eye diseases, and implementation of favorable initiatives.

“Hospitals are the largest end users of microsurgical instruments.”

On the basis of end user, the microsurgical instruments market is segmented into hospitals, ambulatory surgery centers, and academic & research centers. The hospitals segment accounted for the largest share of the microsurgical instruments market in 2018 as most surgeries involving the use of microsurgical instruments are carried out in hospitals. The increasing availability of cutting-edge instruments in hospitals owing to fewer budgetary constraints, the growing number of surgeries performed in these end-user settings, and increasing reimbursements for inpatient procedures are also key factors contributing to the large share of this end-user segment.

“The Asia Pacific market is expected to witness the highest CAGR during the forecast period.”

The Asia Pacific market is estimated to grow at the highest CAGR during the forecast period majorly due to the rising prevalence of lifestyle disorders, growing geriatric population, increasing investments for the improvement of the healthcare infrastructure, and rising medical tourism.

Breakdown of supply-side primary interviews:


  • By Company Type: Tier 1: 45%, Tier 2: 34%, and Tier 3: 21%

  • By Designation: C-level: 47%, Director-level:33%, and Others:20%

  • By Region: North America:35%, Europe: 32%, APAC: 25%, and the RoW: 8%


The major players operating in the microsurgical instruments market are B. Braun Melsungen AG (Germany), ZEISS International (Germany), Danaher Corporation (US), Beaver-Visitec International (US), Global Surgical Corporation (US), Haag-Streit Surgical (Germany), KLS Martin Group (Germany), Novartis AG (Switzerland), Olympus Corporation (Japan), Scanlan International (US), Stille (Sweden), and Topcon Corporation (Japan)

Research Coverage

This report studies the microsurgical instruments market based on type, microsurgery type, end user, and region. It also covers factors affecting market growth, analyzes various opportunities and challenges in the market, and provides details of the competitive landscape for market leaders. Furthermore, the study analyzes micro markets with respect to their growth trends and forecasts the size of market segments with respect to key regions—North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa(and the respective countries in these regions).

Reasons to Buy the Report:

From an insight perspective, this research report focuses on various levels of analysis—market ranking analysis of the top players and their company profiles, which together comprise and discuss basic views on the competitive landscape, emerging segments of the microsurgical instruments market, and high-growth regions and their drivers, restraints, challenges, and opportunities. The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, will help firms garner greater market shares.

Microsurgical Instruments Market by Type (Operating Microscopes, Micro Sutures (Non-Absorbable & Absorbable), Forceps, Needle Holder), Microsurgery (Plastic, Ophthal, ENT, Orthopedic, GYN), End User (Hospitals, ASCs, Academia) - Global Forecast to 2024

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency Used for the Study
1.5 Market Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Research
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Research
2.1.2.1 Key Data From Primary Sources
2.2 Market Estimation Methodology
2.2.1 Revenue-Based Market Estimation
2.2.2 Usage Pattern-Based Market Estimation
2.2.3 Primary Research Validation
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
2.5 Research Limitations

3 Executive Summary

4 Premium Insights
4.1 Microsurgical Instruments Market Overview
4.2 Microsurgery Instruments Market, By Type, 2019 vs 2024 (USD Million)
4.3 Market Share, By Microsurgery Type, 2019 vs 2024
4.4 Market, By End User, 2019 vs 2024 (USD Million)
4.5 Market: Geographical Snapshot

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Key Drivers
5.2.1.1 Benefits of Microsurgery Over Traditional Surgery
5.2.1.2 Increasing Number of Surgeries Amongst the Geriatric Population and Growing Popularity of Plastic & Reconstructive Surgeries
5.2.1.3 Increasing Prevalence of Chronic Diseases, Lifestyle Disorders, and Cancer
5.2.2 Key Restraints
5.2.2.1 High Cost of Advanced Surgical/Operating Microscopes
5.2.2.2 Reimbursement Challenges in the Medical Device Industry
5.2.3 Key Opportunities
5.2.3.1 Emerging Markets
5.2.3.2 Advancements in Microsurgical Technology
5.2.3.3 Expanding Application Areas of Surgical/Operating Microscopes During Microsurgery
5.2.4 Key Challenges
5.2.4.1 Lack of Skilled Surgeons to Perform Microsurgical Procedures
5.2.5 Key Trends
5.2.5.1 Customized Surgical Microscopes
5.2.5.2 The Use of Robots for Microsurgery

6 Microsurgical Instruments Market, By Type
6.1 Introduction
6.2 Operating Microscopes
6.2.1 Large Number of Ophthalmic Surgeries Performed Worldwide to Support Market Growth
6.2.2 Operating Microscopes Market Split, By Microsurgery Type
6.2.3 Operating Microscopes Market Split, By End User
6.3 Micro Sutures
6.3.1 Micro Sutures Market Split, By Microsurgery
6.3.2 Micro Sutures Market Split, By End User
6.3.3 Non-Absorbable Micro Sutures
6.3.3.1 Non-Absorbable Sutures have A High Tensile Strength
6.3.4 Absorbable Micro Sutures
6.3.4.1 Low Degree of Tissue Reaction Post Microsurgery—A Key Advantages Driving the Adoption of Absorbable Micro Sutures
6.4 Micro Forceps
6.4.1 Growing Number of Microsurgeries Performed to Propel the Market for Micro Forceps
6.4.2 Micro Forceps Market Split, By Microsurgery Type
6.4.3 Micro Forceps Market Split, By End User
6.5 Microsurgery Needle Holders
6.5.1 Growing Number of Ophthalmic Procedures Performed to Drive the Demand for Microsurgery Needle Holders
6.5.2 Microsurgery Needle Holders Market Split, By Microsurgery Type
6.5.3 Microsurgery Needle Holders Market Split, By End User
6.6 Micro Scissors
6.6.1 One of the Major Advantages of Micro Scissors is That They Can Be Sterilized
6.6.2 Micro Scissors Market Split, By Microsurgery Type
6.6.3 Micro Scissors Market Split, By End User
6.7 Other Microsurgical Instruments
6.7.1 Other Microsurgery Instruments Market Split, By Microsurgery Type
6.7.2 Other Market Split, By End User

7 Microsurgical Instruments Market, By Microsurgery Type
7.1 Introduction
7.2 Plastic & Reconstructive Microsurgeries
7.2.1 Increasing Awareness About Cosmetic Procedures, Coupled With Growing Disposable Incomes, is A Major Factor Driving the Demand for Cosmetic Treatments Via Microsurgeries
7.3 Orthopedic Microsurgeries
7.3.1 Increasing Incidence of Bone Ailments Such as Osteoporosis and Arthritis is A Major Factor Driving the Growth of the Market for Orthopedic Microsurgeries
7.4 Ophthalmic Microsurgeries
7.4.1 Technological Advancements in Ophthalmic Microscopes to Augment Market Growth
7.5 Ent Microsurgeries
7.5.1 Increasing Number of Patients Undergoing Minimally Invasive Ent Surgeries to Propel Market Growth
7.6 Neurological Microsurgeries
7.6.1 Rising Demand for Minimally Invasive Neurosurgical Procedures
7.7 Dental Microsurgeries
7.7.1 High Cost of Dental Surgical Microscopes May Hinder the Growth of This Segment
7.8 Gynecological & Urological Microsurgeries
7.8.1 Reconstructive Microsurgery has Been Associated With Significantly Improved Results in Infertility—A Key Factor Driving Market Growth
7.9 Other Microsurgeries

8 Microsurgery Instruments Market, By End User
8.1 Introduction
8.2 Hospitals
8.2.1 Hospitals are the Largest End Users of Microsurgical Instruments as Most Surgeries Involving the Use of Instruments are Carried Out in Hospitals
8.3 Ambulatory Surgery Centers
8.3.1 Ambulatory Surgery Centers are Cost-Effective Alternatives to Hospitals as Treatment Centers, Which is Increasing the Volume of Surgeries Performed in These End Users
8.4 Academic & Research Centers
8.4.1 Government Support for Academic & Research Institutes to Develop Microsurgical Techniques and Refine Existing Techniques to Drive Market Growth

9 Microsurgical Instruments Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.1.1 Significant Growth in Plastic Surgery Demand has Contributed to Market Growth in the Us
9.2.2 Canada
9.2.2.1 Decreasing Fertility Rate to Augment the Demand for Microsurgical Treatment
9.3 Europe
9.3.1 Germany
9.3.1.1 Germany Dominates the European Market
9.3.2 UK
9.3.2.1 Rising Prevalence of Eye Diseases is A Key Market Driver in the UK
9.3.3 France
9.3.3.1 Increasing Medical Tourism in France Will Augment the Market for Microsurgical Procedures
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.1.1 Japan Dominates the Market for Microsurgical Instruments in APAC
9.4.2 China
9.4.2.1 Rapid Economic Growth in China has Contributed to Healthcare Access and Demand
9.4.3 India
9.4.3.1 Growing Medical Tourism and Improvements in Healthcare Facilities Will Support Market Growth in India
9.4.4 Rest of Asia Pacific
9.5 Latin America
9.5.1 Brazil
9.5.1.1 Brazil Accounts for 10% of the Cosmetic Surgeries Conducted Globally
9.5.2 Mexico
9.5.2.1 Rising Geriatric Population to Augment for the Demand of Minimally Invasive Surgeries/Microsurgeries
9.5.3 Rest of Latin America
9.6 Middle East & Africa
9.6.1 Infrastructural Improvement Initiatives in the Middle East Will Support Market Growth

10 Competitive Landscape
10.1 Microsurgical Instruments Market Share Analysis, By Top 3 Players (2018)
10.2 Competitive Scenario (2015-2019)
10.3 Competitive Leadership Mapping
10.4 Terminology/Nomenclature
10.4.1 Visionary Leaders
10.4.2 Innovators
10.4.3 Dynamic Differentiators
10.4.4 Emerging Companies

11 Company Profiles
(Business Overview, Products Offered, Recent Developments, MnM View)*
11.1 B. Braun Melsungen AG
11.2 Beaver-Visitec International, Inc. (BVI)
11.3 ZEISS International
11.4 Global Surgical Corporation
11.5 Haag-Streit Surgical
11.6 Karl Kaps GmbH
11.7 KLS Martin Group
11.8 Danaher
11.9 Microsurgery Instruments Inc
11.10 Mitaka USA Inc.
11.11 Novartis AG
11.12 Olympus Corporation
11.13 Scanlan International
11.14 Stille
11.15 Topcon Corporation

*Business Overview, Products Offered, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.3 Available Customizations
12.4 Related Reports
12.5 Author Details

List of Tables

Table 1 Microsurgery Instruments Market, By Type, 2017–2024 (USD Million)
Table 2 Operating Microscopes Market, By Region, 2017–2024 (USD Million)
Table 3 Operating Microscopes Market, By Microsurgery Type, 2017–2024 (USD Million)
Table 4 Operating Microscopes Market, By End User, 2017–2024 (USD Million)
Table 5 Micro Sutures Market, By Type, 2017–2024 (USD Million)
Table 6 Micro Sutures Market, By Region, 2017–2024 (USD Million)
Table 7 Micro Sutures Market, By Microsurgery, 2017–2024 (USD Million)
Table 8 Micro Sutures Market, By End User, 2017–2024 (USD Million)
Table 9 Micro Forceps Market, By Region, 2017–2024 (USD Million)
Table 10 Micro Forceps Market, By Microsurgery Type, 2017–2024 (USD Million)
Table 11 Micro Forceps Market, By End User, 2017–2024 (USD Million)
Table 12 Microsurgery Needle Holders Market, By Region, 2017–2024 (USD Million)
Table 13 Microsurgery Needle Holders Market, By Microsurgery Type, 2017–2024 (USD Million)
Table 14 Microsurgery Needle Holders Market, By End User, 2017–2024 (USD Million)
Table 15 Micro Scissors Market, By Region, 2017–2024 (USD Million)
Table 16 Micro Scissors Market, By Microsurgery Type, 2017–2024 (USD Million)
Table 17 Micro Scissors Market, By End User, 2017–2024 (USD Million)
Table 18 Other Microsurgery Instruments Market, By Region, 2017–2024 (USD Million)
Table 19 Other Market, By Microsurgery Type, 2017–2024 (USD Million)
Table 20 Other Market, By End User, 2017–2024 (USD Million)
Table 21 Market, By Microsurgery Type, 2017–2024 (USD Million)
Table 22 Microsurgery Instruments Market for Plastic & Reconstructive Microsurgeries, By Region, 2017–2024 (USD Million)
Table 23 Microsurgical Instruments Market for Orthopedic Microsurgeries, By Region, 2017–2024 (USD Million)
Table 24 Market for Ophthalmic Microsurgeries, By Region, 2017–2024 (USD Million)
Table 25 Microsurgery Instruments Market for Ent Microsurgeries, By Region, 2017–2024 (USD Million)
Table 26 Microsurgical Instruments Market for Neurological Microsurgeries, By Region, 2017–2024 (USD Million)
Table 27 Microsurgery Instruments Market for Dental Microsurgeries, By Region, 2017–2024 (USD Million)
Table 28 Microsurgical Instruments Market for Gynecological & Urological Microsurgeries, By Region, 2017–2024 (USD Million)
Table 29 Microsurgical Instruments Market for Other Microsurgeries, By Region, 2017–2024 (USD Million)
Table 30 Microsurgical Instruments Market, By End User, 2017–2024 (USD Million)
Table 31 Market for Hospitals, By Region, 2017–2024 (USD Million)
Table 32 Microsurgery Instruments Market for Ambulatory Surgery Centers, By Region, 2017–2024 (USD Million)
Table 33 Market for Academic & Research Centers, By Region, 2017–2024 (USD Million)
Table 34 Microsurgery Instruments Market, By Region, 2017–2024 (USD Million)
Table 35 North America: Market, By Country, 2017–2024 (USD Million
Table 36 North America: Microsurgery Instruments Market, By Type, 2017–2024 (USD Million)
Table 37 North America: Market, By Microsurgery Type, 2017–2024 (USD Million)
Table 38 North America: Microsurgical Instruments Market, By End User, 2017–2024 (USD Million)
Table 39 US: Microsurgical Instruments Market, By Type, 2017–2024 (USD Million)
Table 40 Canada: Microsurgery Instruments Market, By Type, 2017–2024 (USD Million)
Table 41 Europe: Market, By Country, 2017–2024 (USD Million
Table 42 Europe: Market, By Type, 2017–2024 (USD Million)
Table 43 Europe: Microsurgical Instruments Market, By Microsurgery Type, 2017–2024 (USD Million)
Table 44 Europe: Microsurgical Instruments Market, By End User, 2017–2024 (USD Million)
Table 45 Germany: Market, By Type, 2017–2024 (USD Million)
Table 46 UK: Microsurgery Instruments Market, By Type, 2017–2024 (USD Million)
Table 47 France: Microsurgical Instruments Market, By Type, 2017–2024 (USD Million)
Table 48 Rest of Europe: Microsurgical Instruments Market, By Type, 2017–2024 (USD Million)
Table 49 Asia Pacific: Market, By Country, 2017–2024 (USD Million
Table 50 Asia Pacific: Microsurgical Instruments Market, By Type, 2017–2024 (USD Million)
Table 51 Asia Pacific: Microsurgery Instruments Market, By Microsurgery Type, 2017–2024 (USD Million)
Table 52 Asia Pacific: Microsurgical Instruments Market, By End User, 2017–2024 (USD Million)
Table 53 Japan: Market, By Type, 2017–2024 (USD Million)
Table 54 China: Market, By Type, 2017–2024 (USD Million)
Table 55 India: Market, By Type, 2017–2024 (USD Million)
Table 56 Rest of Asia Pacific: Microsurgical Instruments Market, By Type, 2017–2024 (USD Million)
Table 57 Latin America: Market, By Country, 2017–2024 (USD Million
Table 58 Latin America: Microsurgery Instruments Market, By Type, 2017–2024 (USD Million)
Table 59 Latin America: Market, By Microsurgery Type, 2017–2024 (USD Million)
Table 60 Latin America: Microsurgical Instruments Market, By End User, 2017–2024 (USD Million)
Table 61 Brazil: Market, By Type, 2017–2024 (USD Million)
Table 62 Mexico: Microsurgical Instruments Market, By Type, 2017–2024 (USD Million)
Table 63 Rest of Latin America: Market, By Type, 2017–2024 (USD Million)
Table 64 Middle East & Africa: Microsurgical Instruments Market, By Type, 2017–2024 (USD Million)
Table 65 Middle East & Africa: Microsurgery Instruments Market, By Microsurgery Type, 2017–2024 (USD Million)
Table 66 Middle East & Africa: Microsurgical Instruments Market, By End User, 2017–2024 (USD Million)
Table 67 New Product Launches, Approvals, and Enhancements
Table 68 Mergers and Acquisitions
Table 69 Partnerships and Collaborations

List of Figures

Figure 1 Research Design
Figure 2 Breakdown of Primaries
Figure 3 Research Methodology: Hypothesis Building
Figure 4 Micro Surgical Instruments Market Estimation: Overall Methodology
Figure 5 Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 Microsurgical Instruments Market, By Type, 2019 vs 2024 (USD Million)
Figure 8 Market, By Microsurgery Type, 2019 vs 2024 (USD Million)
Figure 9 Market Share, By End User, 2019 vs 2024
Figure 10 Microsurgery Instruments Market: Geographical Snapshot
Figure 11 Benefits of Microsurgery Over Traditional Surgery to Drive Market Growth
Figure 12 Operating Microscopes to Dominate the Microsurgical Instruments Market During the Forecast Period
Figure 13 Plastic & Reconstructive Microsurgeries to Hold the Largest Share of the Market During the Forecast Period
Figure 14 Hospitals to Hold the Largest Share of the Market in 2019
Figure 15 China is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 16 Microsurgical Instruments Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 North America: Microsurgery Instruments Market Snapshot
Figure 18 B Braun Held the Leading Position in the Micro Surgical Instruments Market as of 2018
Figure 19 Key Developments in the Microsurgical Instruments Market, 2015–2019
Figure 20 Microsurgery Instruments Market, Competitive Leadership Mapping, 2018 (Overall Market)
Figure 21 B. Braun Melsungen AG: Company Snapshot (2018)
Figure 22 ZEISS International: Company Snapshot (2018)

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