Industry Background:
A surgical display is a medical-grade monitor intended for use in the operating room. Surgical displays are usually monitors used during image-guided surgery, e.g. endoscopy or interventional radiology. These displays can also present critical patient information, such as PACS images and vital signs, during surgery.
According to AMA Research, the market for Medical Surgical Display is expected to register a CAGR of 1.0% during the forecast period to 2030. This growth is primarily driven by Growing Adoption of Hybrid Operating Rooms
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Medical Devices sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as ADVANTECH Europe (Netherlands), Ampronix Medical Imaging Technology (United States), Barco (Belgium), COJE Displays (South Korea), Double Black Imaging (United Kingdom), EIZO Corporation (Japan), FSN Medical Technologies (United States), Ikegami Tsushinki (Japan) and NDS Surgical Imaging, LLC (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In February 2024, MediThinQ, a Korean startup specializing in XR wearable displays for surgery, secured key partnerships with industry giants, including Medtronic USA and Japan.
On June 1, 2019 – Advantech, a leading provider of medical computing platforms and solutions has announced PAX-327 – a 27” widescreen medical-grade surgical monitor aimed at medical applications for ensuring operating precision. Designed to deliver medical images of optimal quality, the PAX-327 monitor supports Full HD and UHD resolution. Featuring the Rec. 709 Color Space, true RGB and DICOM Part 14 GSDF compliance, 14-bit LUT processing grayscale, hardware calibration support, and automatic input source detection, PAX-327 ensures precise representation of grayscale images.The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on production technologies, efficiency enhancement, and product life. This market has various growth opportunities that leading players capture via tracking the ongoing process enhancement and huge investment in market growth strategies.
Market Growth Drivers:
Growing Adoption of Hybrid Operating Rooms, Short Replacement Cycles of Medical Displays, Increasing Preference for Minimally Invasive Treatments and Rising Number of Diagnostic Imaging Centers
Challenges:
Adoption of Consumer-Grade Displays Fluctuating Average Selling Prices of Display Panels
Restraints:
Market Saturation in Developed Countries and Increasing Adoption of Refurbished Medical Displays
Opportunities:
Development of Healthcare Infrastructure in Emerging Markets and Technological Advancements
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Medical Surgical Display Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Medical Surgical Display Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Medical Surgical Display players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Medical Surgical Display Study Sheds Light on
The Medical Surgical Display Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Medical Surgical Display industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Medical Surgical Display industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.