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Microsurgery Market 10.2% CAGR to be Achieved by Worldwide Major Vendors, Recent Trends and Forecast till 2023

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Microsurgery Market Information: By Applications (General Surgery, Ophthalmology, Plastic Surgery, Gynecological Surgery, Orthopedic Surgery, Oncology, Neurosurgery, Oral Surgery), By Procedures (Free Tissue Transfer, Replantation, Transplantation, Treatment Of Infertility), By End Users (Hospitals & Clinics, Research Organizations) - Global Forecast Till 2023

— Market Scenario
Development of microsurgical techniques has enable surgeons to carry out surgical procedures on human body at micro level. Microsurgery typically combines specialized precision instruments and magnification techniques during surgery. Today, microsurgical techniques are utilized by several specialties including ophthalmology, gynecological surgery, neurosurgery, plastic surgery, pediatric surgery, general surgery, orthopedic surgery, otolaryngology, podiatric surgery and oral and maxillofacial surgery among others. Microsurgery procedure are also effective in congenital deficiencies and cancer treatment, as they aid in healing wounds faster and restoring function after trauma. Over the past couple of decades, popularity of microsurgery has increased to a significant extent. In addition, increased prevalence of ophthalmic disorders and other chronic ailments is necessitating such advanced surgical procedures. Market Research Future (MRFR)’s the global market for microsurgery will witness an impressive CAGR of 10.2% during the assessment period (2017-2023).

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Key Players
Some of the key players in microsurgery market are AROSurgical Instruments (US), tisurg medical instruments Co., Ltd (China), Carl Zeiss Meditec AG (Germany), MicroSurgical Technology (US), SYNOVIS MICRO COMPANIES ALLIANCE, INC. (US), Peter LAZIC GmbH (Germany), BIONIKO (US), MICROSURGERY INSTRUMENTS, INC. (US).
The global microsurgery market is segmented on the basis of application, procedures, and end users. On the basis of applications the market is categorized into: general surgery, ophthalmology, plastic surgery, gynecological surgery, orthopedic surgery, oncology, neurosurgery, oral & maxillofacial surgery, podiatric surgery, and pediatric surgery.

On the basis of procedures the market is segmented into free tissue transfer, replantation, transplantation, and treatment of infertility. Replantation is further segmented into fingers & thumbs, ear, scalp, nose, and others. Treatment of infertility is further segmented into tubal obstructions, vas deferens obstructions and varicocele.

On the basis of end users the market is segmented into hospitals & clinics, research organizations and others.

Regional Analysis
The Americas account for the largest share of the global market owing to increasing cancer population, increasing prevalence of neurological diseases and deficiency diseases, and high healthcare spending. According to Centers for Disease Control and Prevention (2014), over 1.5 million cases of invasive cancer, including about 15,000 cases among children younger than 20 years are registered every year. Beside this increasing government support for research & development has supported the growth of the market.
Europe accounts for the second largest market which is followed by Asia Pacific. Availability of funds for research & development, increasing awareness about availability of treatments and well developed healthcare sector drives the market of microsurgery. On the other hand, Asia Pacific holds the fastest growth for microsurgery market owing to increasing number of people suffering from chronic diseases, elevating geriatric population, and demand for better treatments are the key factors for the market growth. China and India holds the major share for the market due to large patient pool.
The Middle East & Africa is expected to show steady growth in this market due to low technology penetration and limited availability of innovative healthcare technologies.

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Detailed Table of Contents:

1 Report Prologue

2 Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

3 Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

10 Company Landscape

10.1 Introduction

10.2 Market Share Analysis

10.3 Key Development & Strategies

10.3.1 Key Developments

12 MRFR Conclusion

12.1 Key Findings

12.1.1 From CEO’s View Point

12.1.2 Unmet Needs Of The Market

12.2 Key Companies To Watch

12.3 Prediction Of Medical Devices Industry

13 Appendix


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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 Info:
Name: Market Research Future
Email: Send Email
Organization: Market Research Future
Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune – 411028 Maharashtra, India
Phone: +1 646 845 9312

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Source: MarketersMedia

Release ID: 394039

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