Overview and Scope
Surgical visualization products refer to medical systems that provide visual assistance and enhanced visibility during surgical procedures. Surgical visualization products play a crucial role in modern healthcare by providing surgeons and medical professionals with advanced imaging and visualization tools to improve surgical techniques.
Sizing and Forecast
The surgical visualization products market size has grown rapidly in recent years. It will grow from $2.33 billion in 2023 to $2.65 billion in 2024 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to increased minimally invasive surgeries, shift towards outpatient surgeries, demand for enhanced educational tools, patient demand for advanced procedures, government support and funding..
The surgical visualization products market size is expected to see rapid growth in the next few years. It will grow to $4.05 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to global surgical training initiatives, increasing geriatric population, focus on patient outcomes and safety, global health preparedness, focus on value-based healthcare.. Major trends in the forecast period include adoption of 4k and 3d visualization, wireless and portable visualization solutions, robot-assisted surgical visualization, ai-powered image analysis, enhanced connectivity and data integration..
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Segmentation & Regional Insights
The surgical visualization products market covered in this report is segmented –
1) By Product Type: Endoscopic Camera, Accessories, Light Sources, Display And Monitors, Video Recorders And Processor, Camera Heads And Video Converters
2) By Distribution Channel: Direct Tender, Third Party Distributors
3) By Application: Arthroscopy, Laparoscopy, ENT Endoscopy, Obstetrics And Gynecology Endoscopy, Urology Endoscopy, Gastroscopy, Other Applications
5) By End User: Hospital, Specialty Clinics, Diagnostic Imaging Centers, Ambulatory Surgical Centers, Other End Users
North America was the largest region in the surgical visualization products market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surgical visualization products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rising number of surgeries is expected to propel the growth of the surgical visualization products market going forward. Surgery is a medical specialty and a branch of medicine that involves using manual or instrumental techniques to diagnose and treat various medical conditions, injuries, or diseases through operative procedures. Surgical visualization products play a crucial role in modern surgical procedures by providing surgeons and medical teams with enhanced visual information and tools to improve surgery’s accuracy, safety, and outcomes. For instance, in April 2022, according to the Aesthetic Society, a US-based plastic and cosmetic surgery organization, the average plastic surgeon conducted 320 surgical operations, up from 220 surgical treatments in 2020. Moreover, the number of surgical procedures for plastic and cosmetic surgery increased by 54% in 2021. Therefore, the rising number of surgeries will drive the growth of the surgical visualization products market.
Key Industry Players
Major companies operating in the surgical visualization products market report are Johnson & Johnson Inc., Novartis AG, Medtronic Plc, Fujifilm Holdings Corporation, Koninklijke Philips N.V., Stryker Corporation, Boston Scientific Corporation, Carl Zeiss AG, B. Braun Melsungen AG, Alcon Inc., Olympus Corporation, Smith & Nephew Inc., Getinge AB, Karl Storz SE & Co. KG, Arthrex Inc., Integra LifeSciences Corporation, CONMED Corporation, Brainlab AG, NuVasive Inc., Laborie Medical Technologies Inc., Sonoscape Medical Corp., Richard Wolf GmbH, NDS Surgical Imaging LLC, Vantage Endoscopy Inc., Merivaara Corp., Zowietek Electronics Ltd., Medivis Inc., PENTAX Medical Company
The surgical visualization products market report table of contents includes:
1. Executive Summary
2. Surgical Visualization Products Market Characteristics
3. Surgical Visualization Products Market Trends And Strategies
4. Surgical Visualization Products Market – Macro Economic Scenario
5. Global Surgical Visualization Products Market Size and Growth
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32. Global Surgical Visualization Products Market Competitive Benchmarking
33. Global Surgical Visualization Products Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Surgical Visualization Products Market
35. Surgical Visualization Products Market Future Outlook and Potential Analysis
36. Appendix
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