Ophthalmology segment dominates growing surgical microscope market — 6 things to know

The global surgical microscope market is projected to expand though 2022, a Research Beam report found, according to Whatech.

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Here are six things to know:

1. The market is expected to hit $818 million by 2022.

2. Factors spurring market growth include the growing prevalence of ophthalmic disease, chronic disease and ear, nose and throat diseases.

3. The equipment’s high price may hinder market growth.

4. Last year, the ophthalmology segment held a 25 percent market revenue share.  However, the ENT segment is expected to have the fastest growing compound annual growth rate.

5. In 2015, outpatient facilities contributed to 75 percent of the market’s revenue.

6. Through 2022, the Asia-Pacific region is expected to increase at a 10.7 percent CAGR.

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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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Wednesday, July 29
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Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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