Microsurgery
is procedure performed on small and delicate structure of blood
vessel, nerves and tubes. In microsurgery, the combination of
specialized precision instrument and magnification technique such as
high powered loupe magnification is used. Microsurgeries are mostly
preferred in congenital deficiencies, skin grafting, and cancer
treatment, owing to its wound healing properties and function
restoration in post trauma.
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Global
Microsurgery Market – Dynamics
High
prevalence of cancer, ophthalmic disease, and chronic diseases has
increased the market growth. According to the report from the Cancer
Research U.K. in 2012, around 14.1 million cases of cancer were
registered, globally. Increasing number of various transplant
surgeries and technological advancements of surgical process has
boosted growth of the microsurgery market. As per the World Health
Organization (WHO), in 2005 around 93,000 transplant surgeries were
performed globally. Growth in geriatric population significantly
rises the cases of chronic diseases, which in turn aids growth of the
global microsurgery market.
Global
Microsurgery Market – Regional Insights
North
America accounted for the largest market share in the global market,
due to prevalence of cancer, neurological disorders, and congenital
deficiencies. As per the U.S. Centers for Disease Control and
Prevention (CDC) 2014, over 1.5 million cases of invasive cancer are
registered in the U.S. annually. Asia Pacific is expected to expand
at the highest growth rate due to high prevalence of chronic diseases
and increasing geriatric population in the region. As per the
Economic and Social Commission for Asia and Pacific Report 2016,
around 12.4% of population in Asia Pacific was above 60 years.
Global
Microsurgery Market – Competitive Landscape
Key
players operating in the global market include Carl Zeiss Meditec AG,
Hu-Friedy Mfg. Co., LLC, MicroSurgical Technology, S&T AG,
Aesculap, Inc., a B. Braun Company, Synovis Micro Companies Alliance,
Inc., Ethicon Inc., Stryker Corporation, Smith & Nephew, Alcon
(Novartis), Zimmer Biomet Holdings, Medtronic Plc Inc., Tisurg
Medical Instruments Co., Ltd., Microline Surgical, AROSurgical
Instruments, Adarsh Surgical Works, Accurate Surgical &
Scientific Instruments Corporation, KLS Martin Group, Boss
Instruments Ltd., Beaver-Visitec International and Scanlan
International, Halma Plc.Peter LAZIC GmbH, MICROSURGERY INSTRUMENTS,
INC., and others.
Global
Microsurgery - Market Taxonomy
On
the basis of application, the global microsurgery market is segmented
into
-
General Surgery
-
Ophthalmology
-
Neurosurgery
-
Oncology
-
Gynecological surgery
-
Oral surgery
On
the basis of equipment type, the global microsurgery market is
segmented into
-
Microsurgical Instrument
-
Microscope
-
Micro Suture Material
On
the basis of end user, the global microsurgery market is segmented
into
-
Hospital
-
Clinic
-
Research Organization
On
the basis of geography, the global market is segmented into
-
North America
-
Europe
-
Asia Pacific
-
Latin America
-
Middle East
-
Africa
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