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