Pune, India -- (SBWIRE) -- 03/16/2018 -- The Global Microsurgery Market accounted to USD 1.5 billion in 2016 growing at a CAGR of 10.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Definition: Global Microsurgery Market

Microsurgery is performed on very small, delicate structures, such as blood vessels and nerves, using specialized instruments under a microscope.

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Major Market Drivers and Restraints:

- Increasing prevalence of chronic diseases
- Technological advancement in the surgical procedures
- High healthcare expenditure
- Rising geriatric population
- High cost of the surgeries
- Stringent reimbursement policies

Market Segmentation: Global Microsurgery Market

On the basis of procedure, global microsurgery market is segmented into free tissue transfer, replantation, transplantation and treatment of infertility.

By application the global microsurgery market is segmented into general surgery, ophthalmology, plastic surgery, gynecological surgery, orthopedic surgery, oncology, neurosurgery and oral surgery.
On the basis of end user the global microsurgery market is segmented into hospitals & clinics, research institute.

On the basis of geography, global microsurgery market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Competitive Analysis: Global Microsurgery Market

The global microsurgery market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of human microsurgery market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors: Global Microsurgery Market

Some of the major players operating in global microsurgery market are AROSurgical Instruments, tisurg medical instruments Co., Ltd , Carl Zeiss, MicroSurgical Technology, BAXTER INTERNATIONAL INC., Peter LAZIC GmbH, BIONIKO, MICROSURGERY INSTRUMENTS, INC., Aesculap, Inc., Boss Instruments, Ltd, KLS Martin, Kerr Corporation, Surtex Instruments Limited, Tracom Services Pvt. Ltd., Beaver-Visitec International , Falcon, STILLE, Accurate Surgical & Scientific Instruments, Adarsh Surgical Works, Hu-Friedy Mfg. Co., LLC among others.

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