Microsurgery is a procedure carried out on delicate and small structures of blood vessels, tubes and nerves. A combination of instruments for specialized precision and magnification techniques including loupe magnification of high power is used in microsurgery. Microsurgeries are majorly preferred in skin grafting, cancer treatment, and congenital deficiencies, due to its properties of wound healing and restoration function, post trauma.
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Increasing prevalence of chronic diseases including cancer, ophthalmic diseases is expected to fuel growth of the global microsurgery market. As per the 2012 report from the Cancer Research U.K., over 14.1 million cancer cases were registered in the world. Rising number of surgical process, technological advancements, and several transplant surgeries are expected to boost the global microsurgery market growth. In 2005, according to the World Health Organization (WHO), over 93,000 transplant surgeries were carried out worldwide. Growing geriatric population rises the chronic diseases cases significantly, this in turn supports the global microsurgery market growth.
North America held a dominant position in the global microsurgery market, owing to cancer, congenital deficiencies, and neurological disorders being increasingly prevalent. In 2014, according to the U.S. Centers for Disease Control and Prevention (CDC), every year around 1.5 million invasive cancer cases were registered in the U.S. Asia Pacific is expected to register robust growth, owing to high chronic diseases prevalence and rising geriatric population across this region. According to the Economic and Social Commission for Asia and Pacific Report, in 2016, over 12.4% populace of Asia Pacific was aged 60 years and above.
Major players functioning in the global microsurgery market are Carl Zeiss Meditec AG, MicroSurgical Technology, Hu-Friedy Mfg. Co., LLC, S&T AG, a B. Braun Company, Aesculap, Inc., Synovis Micro Companies Alliance, Inc., Stryker Corporation, Ethicon Inc., Smith & Nephew, Zimmer Biomet Holdings, Alcon (Novartis), Tisurg Medical Instruments Co., Ltd., Medtronic Plc Inc., AROSurgical Instruments, Microline Surgical, MICROSURGERY INSTRUMENTS, INC., Adarsh Surgical Works, KLS Martin Group, Accurate Surgical & Scientific Instruments Corporation, Boss Instruments Ltd., Halma Plc.Peter LAZIC GmbH, Beaver-Visitec International and Scanlan International, and others.
Key players are laying emphasis on several business strategies including product launches and approvals to enhance its product portfolio within the market. For instance, ReLEx Smile received the U.S. FDA approval, in October 2018, Carl Zeiss Meditec AG developed this for patients of refractive surgery.
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Table of Content
Global Microsurgery Market Research Report
Section 1: Global Microsurgery Industry Overview
Section 2: Global Economic Impact on Microsurgery Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Microsurgery Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Microsurgery Market Forecast
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