PUBLISHER: Grand View Research | PRODUCT CODE: 1493342
PUBLISHER: Grand View Research | PRODUCT CODE: 1493342
The global surgical display market size is expected to reach USD 958.18 million by 2030, registering a CAGR of 3.12% from 2024 to 2030, according to a new report by Grand View Research, Inc. A rise in demand for advanced surgical displays for minimally invasive surgery, increased number of strategic initiatives, high demand for digital operating room technologies, and technological advancements are some of the factors driving the demand for surgical displays. As hospitals and healthcare facilities worldwide strive to modernize their operating environments, there is a growing demand for innovative displays that seamlessly integrate with these digital systems. For instance, according to an article published by Swissnex India, Japanese hospitals have already begun deploying 8K HD image technologies in operating rooms for remote surgeries.
The integration of 8K technology in operating rooms brings significant advancements, notably in visualizing surgical procedures. Traditionally, surgeons relied on surgical microscopes or binocular loupes for direct viewing or monitors for endoscopic surgeries. With 8K-compatible monitors, Ultra-high-definition (UHD) images captured by advanced microscopes or endoscopes are displayed, enabling surgeons to operate while observing the monitor. This setup also allows other personnel in the operating room to observe the procedure. Companies, such as Eizo Corporation, Barco, and Olympus America offer various technologically advanced operating room solutions, such as integrated 4K HD resolution camera systems, surgical monitors for PACS & vital statistics, and 3D endoscopy monitors.
Furthermore, technological advancements, such as next-generation robotic surgical systems, are increasingly incorporating advanced visualization technologies, including HD surgical displays. These displays provide surgeons with real-time, high-resolution imaging of the surgical site, enhancing visualization & precision during procedures. In addition, a rise in the number of robotic-assisted surgeries leads to innovation in surgical systems. According to Robotic-Assisted Surgery: A Pathway to the Future, a July 2023 report, over 1.8 million robotic surgeries have been performed in 2022 alone with emerging robotic platforms. For instance, in February 2024, CMR Surgical Ltd. launched vLimeLite, a state-of-the-art imaging innovation for its Versius robotic surgery platform.
This new feature integrates near-infrared fluorescent light and Indocyanine Green (ICG), a medically injectable dye. The COVID-19 pandemic hampered the overall market growth, reshaping dynamics and priorities across the healthcare sector. As hospitals and healthcare facilities grappled with spikes in COVID-19 incidence, elective surgeries were postponed or canceled to prioritize resources for pandemic response. This unprecedented disruption in surgical activities led to a temporary downturn in the demand for surgical displays as the focus shifted toward addressing the immediate crisis. In addition, supply chain disruptions, logistical challenges, and economic uncertainties further compounded the challenges faced by market players.