The global microsurgery market was surpassed at USD 1.88 billion in 2021 and is expected to hit around USD 2.99 billion by 2030, growing at a CAGR of 5.29% from 2022 to 2030.
Several factors such as the rising number of surgical procedures among the geriatric population base, increasing demand for minimally invasive surgeries, and rising prevalence of chronic diseases are expected to drive the market growth. Rapid technological advancements in surgical procedures along with technical improvements in microsurgery equipment are estimated to enhance the demand for microsurgery over the forecast period. Additionally, increasing investment by private investors in the development of advanced microsurgical equipment is projected to foster overall market growth.
Increasing investments by governments of various economies across the globe in the healthcare sector and surging research & development activities in the field of microsurgical procedures and technology are major factors predicted to fuel the market expansion. Growing investments by funding agencies as well as government public-private partnerships for the expansion of new and advanced microsurgical technologies throughout the world will provide lucrative growth opportunities to several market players.
Growing awareness about cosmetic procedures, along with rising disposable income among developing economies, is a major factor propelling the demand for cosmetic treatments that require microsurgical equipment. Increasing demand for advanced surgical techniques may also contribute positively to market growth. Wide usage of microsurgical instruments such as surgical/operating microscopes, microsurgery forceps & needle holders in plastic & reconstructive surgeries is estimated to secure the market position.
North America is expected to hold the largest market share in 2021 owing to a rising preference for minimally invasive surgeries, the large patent pool is expected to fuel the regional market growth. Increasing demand for surgical/operating microscopes is also projected to augment the market progression.
Some of the major companies operating in the microsurgery market are focusing on several strategic initiatives such as collaboration & partnerships, mergers & acquisitions, product launch and approval, and others to support their market position and increase their global reach.
Scope of The Report
| Report Coverage | Details |
| Market Size in 2021 | USD 1.88 billion |
| Revenue Forecast by 2030 | USD 2.99 billion |
| Growth rate from 2022 to 2030 | CAGR of 5.29% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segmentation | Equipment, Procedure, Application, End-use, Region |
| Companies Covered |
HAAG-STREIT GROUP, Danaher, Olympus Corporation, Leica Microsystems, B.Braun Melsungen Inc., Accurate Surgical & Scientific Instruments Corporation, Surtex Instruments Limited, Scanlan International, Carl Zeiss AG, and KLS Martin Group |
Key Players
Market Segmentation
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Microsurgery Market
5.1. COVID-19 Landscape: Microsurgery Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Microsurgery Market, By Equipment
8.1. Microsurgery Market, by Equipment, 2022-2030
8.1.1. Operating Microscopes
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Micro Sutures
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Microsurgery Forceps & Needle Holder
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Microsurgery Market, By Procedure
9.1. Microsurgery Market, by Procedure, 2022-2030
9.1.1. Transplantation
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Suture and Grafting
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Free Tissue Transfer
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Microsurgery Market, By Application
10.1. Microsurgery Market, by Application, 2022-2030
10.1.1. Orthopedic
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Neurology
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Gynecological & Urological Microsurgery
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Ophthalmic
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Plastic & Reconstructive
10.1.5.1. Market Revenue and Forecast (2017-2030)
10.1.6. Oncology
10.1.6.1. Market Revenue and Forecast (2017-2030)
10.1.7. Others
10.1.7.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Microsurgery Market, By End-use
11.1. Microsurgery Market, by End-use, 2022-2030
11.1.1. Hospitals & Clinics
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Ambulatory Surgical Centers
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Academics and Research Institutes
11.1.3.1. Market Revenue and Forecast (2017-2030)
11.1.4. Others
11.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Microsurgery Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.1.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.1.3. Market Revenue and Forecast, by Application (2017-2030)
12.1.4. Market Revenue and Forecast, by End-use (2017-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.1.5.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.1.5.3. Market Revenue and Forecast, by Application (2017-2030)
12.1.5.4. Market Revenue and Forecast, by End-use (2017-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.1.6.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.1.6.3. Market Revenue and Forecast, by Application (2017-2030)
12.1.6.4. Market Revenue and Forecast, by End-use (2017-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.2.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.2.3. Market Revenue and Forecast, by Application (2017-2030)
12.2.4. Market Revenue and Forecast, by End-use (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.2.5.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.2.5.3. Market Revenue and Forecast, by Application (2017-2030)
12.2.5.4. Market Revenue and Forecast, by End-use (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.2.6.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.2.6.3. Market Revenue and Forecast, by Application (2017-2030)
12.2.6.4. Market Revenue and Forecast, by End-use (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.2.7.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.2.7.3. Market Revenue and Forecast, by Application (2017-2030)
12.2.7.4. Market Revenue and Forecast, by End-use (2017-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.2.8.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.2.8.3. Market Revenue and Forecast, by Application (2017-2030)
12.2.8.4. Market Revenue and Forecast, by End-use (2017-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.3.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.3.3. Market Revenue and Forecast, by Application (2017-2030)
12.3.4. Market Revenue and Forecast, by End-use (2017-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.3.5.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.3.5.3. Market Revenue and Forecast, by Application (2017-2030)
12.3.5.4. Market Revenue and Forecast, by End-use (2017-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.3.6.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.3.6.3. Market Revenue and Forecast, by Application (2017-2030)
12.3.6.4. Market Revenue and Forecast, by End-use (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.3.7.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.3.7.3. Market Revenue and Forecast, by Application (2017-2030)
12.3.7.4. Market Revenue and Forecast, by End-use (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.3.8.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.3.8.3. Market Revenue and Forecast, by Application (2017-2030)
12.3.8.4. Market Revenue and Forecast, by End-use (2017-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.4.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.4.3. Market Revenue and Forecast, by Application (2017-2030)
12.4.4. Market Revenue and Forecast, by End-use (2017-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.4.5.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.4.5.3. Market Revenue and Forecast, by Application (2017-2030)
12.4.5.4. Market Revenue and Forecast, by End-use (2017-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.4.6.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.4.6.3. Market Revenue and Forecast, by Application (2017-2030)
12.4.6.4. Market Revenue and Forecast, by End-use (2017-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.4.7.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.4.7.3. Market Revenue and Forecast, by Application (2017-2030)
12.4.7.4. Market Revenue and Forecast, by End-use (2017-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.4.8.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.4.8.3. Market Revenue and Forecast, by Application (2017-2030)
12.4.8.4. Market Revenue and Forecast, by End-use (2017-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.5.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.5.3. Market Revenue and Forecast, by Application (2017-2030)
12.5.4. Market Revenue and Forecast, by End-use (2017-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.5.5.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.5.5.3. Market Revenue and Forecast, by Application (2017-2030)
12.5.5.4. Market Revenue and Forecast, by End-use (2017-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Equipment (2017-2030)
12.5.6.2. Market Revenue and Forecast, by Procedure (2017-2030)
12.5.6.3. Market Revenue and Forecast, by Application (2017-2030)
12.5.6.4. Market Revenue and Forecast, by End-use (2017-2030)
Chapter 13. Company Profiles
13.1. HAAG-STREIT GROUP
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Danaher
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Olympus Corporation
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Leica Microsystems
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. B.Braun Melsungen Inc.
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Accurate Surgical & Scientific Instruments Corporation
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Surtex Instruments Limited
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Scanlan International
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Carl Zeiss AG
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. KLS Martin Group
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers