Microsurgery Market Research Report - Global Forecast till 2023

1. Market Research Future Microsurgery Market by Value, Revenue, Segments, Mega trends, Prominent Players and Outlook to 2023 Microsurgery Market - Scenario The global microsurgery market is expected to touch USD 2688 million at a prodigious 6.70% CAGR over the predicted years (2018-2023). Microsurgery is an immensely developing discipline of surgery which deals with surgeries associated to small structures namely nerves and blood vessels. Regardless of its comparatively recent advent, microsurgery has created a niche in different domains of surgery within a brief time period. Be it in the domain of reconstructive surgery, plastic surgery, ophthalmic surgery, orthopedic surgery, pediatric surgery, neurosurgery or vascular surgery, microsurgery is gaining immense recognition everywhere. The principles of this surgery rests on three key components- instruments, illumination and magnification. All these components should have a proper coordination for optimal results. There are many factors that is fueling the growth of the microsurgery market. The different market trends and factors in this market according to an analysis performed by Market Research Future (MRFR) include rising geriatric population, advancements in technology, rising existence of chronic diseases such as periodontal diseases, dental caries, cancer, arthritis, cataract and others, growing demand for improved treatment of diseases, increasing popularity of cosmetic and aesthetic surgeries and growing demand for surgeries that are minimally invasive. On the contrary factors such as lack of trained experts, complexities resulting from a person’s anatomical condition and soaring cost of surgeries are anticipated to hinder the growth of the microsurgery market. Request Sample Copy at https://www.marketresearchfuture.com/sample_request/4214 Players Covered: Leading players profiled in the microsurgery market include Halma Plc, AROSurgical Instruments, Microline Surgical, Tisurg Medical Instruments Co., Ltd., Peter Lazic GmbH, Microsurgery Instruments, Inc., Carl Zeiss Meditec AG, Medtronic Plc, Zimmer Biomet Holdings, Alcon (Novartis), Smith & Nephew, Stryker Corporation, Ethicon Inc., Synovis Micro Companies Alliance, Inc., a B. Braun Company, and S&T AG, Aesculap, Inc. Microsurgery Market – Segments The Microsurgery market can be segmented by type, pressure, application, and end-user. By type, the market is segmented into open and closed isolator systems. The open system segment can register 8.56% CAGR over the forecast period to reach a valuation of USD 20,566.3 million by 2023. Continuous development of novel compounds can facilitate the

2. Market Research Future segment’s growth. On the flip side, the closed system segment can exhibit a modest 6.75% CAGR owing to increased protection from airborne impurities. By pressure, the market is divided into positive and negative pressure isolators. The former accounted for 55.5% share in 2017 and touted to experience 8.42% CAGR over the assessment period. On the other hand, the latter can accrue returns at 7.14% CAGR during the same period. This can be credited to its role as a bulwark for humans during production of toxic compounds. Major market applications include sampling/weighing/distribution, product containment, fluid dispensing, aseptic filling, and others. Out of these, aseptic filling accounted for nearly 28% share of the Microsurgery market, followed by fluid dispensing and sampling/weighing/distribution segments. The segment can touch USD 9,449.6 million by 2023 at a CAGR of 8.37% over the forecast period owing to the demand for systems with minimal cracks or crevices. The fluid dispensing segment can exhibit the highest CAGR of 9.94% owing to the high toxicity of novel compounds used in drug manufacturing. End-users in the Microsurgery market include hospitals, pharmaceutical & biotechnology companies, research & academic laboratories, and others. Among these, the pharmaceuticals & biotechnology segment accounted for 45.8% market share in 2017. It is predicted to experience 8.13% CAGR over the forecast period due to various guidelines mandated by drug regulatory agencies to ensure the safety of workers. Regional Wise Analysis: The global microsurgery market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is estimated to dominate the global microsurgery market during the forecast period. The increasing prevalence of diseases such as cataract and arthritis, along with the rising demand for aesthetic procedures within the region are some of the major driving factors for the market growth. The European market for microsurgery is expected to be the second-largest during the forecast period. Increasing prevalence of diseases such as arthritis, and medical complications related to the neurosurgery has increased the healthcare demands for the diagnosis and treatment of cataract and arthritis within the region is expected to boost the growth of the market in this region. Moreover, in the Europe region, Western Europe accounted for a market share of 77.37% in 2017

3. Market Research Future Additionally, the companies operating in the market are emphasizing on strategic collaborations and mergers and acquisition, which is expected to provide favorable conditions for the growth of the market growth. Asia-Pacific is estimated to be the fastest-growing market due to the rising geriatric population, and the increasing prevalence of dental diseases have boosted the growth of the market. In addition to this, improving healthcare infrastructure has increased the number of research activities in the region. Furthermore, the market in the Middle East & Africa is expected to witness steady growth due to limited access to healthcare facilities. Browse Complete Report at https://www.marketresearchfuture.com/reports/microsurgery-market-4214 About US: Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Contact Us: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India Phone: +1 646 845 9312 Email: sales@marketresearchfuture.com