Surgical Display Industry Overview
The global surgical display market size was valued at USD 655.1 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 0.9% from 2021 to 2028. Growing digitalization in the overall healthcare industry coupled with technological advancements is anticipated to boost market growth. Furthermore, a rising number of surgeries is also anticipated to fuel market growth during the projected period.
Gather more insights about the market drivers, restrains and growth of the Global Surgical Display Market
During the COVID-19 pandemic, market players experienced negative growth in their revenues. For instance, Barco reported a 1.9% decline in its healthcare revenue. This was majorly in the second half of 2020. On the other hand, Eizo Global reported a stable supply of its products and services throughout the pandemic. It also maintained its operations at all of its 7 production sites globally, as of July 2020. The company also reported stable material procurement despite the supply chain disruptions. All this resulted in no decline in the market size of 2020.
Numerous key companies undertaking various strategic initiatives, advanced healthcare facilities, and demand for high-quality care through the latest technologies, are expected to boost the market growth. For instance, Quest International, is a U.S.-based manufacturer of AlphaView lineup of displays for OR, ER, surgical, and endoscopic applications. The company’s medical-grade surgical displays are available in multiple size variants such as 19”, 24”, 26″, 32”, and 55”.
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- Laboratory Supplies Market: The global laboratory supplies market size was valued at USD 34.7 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 7.6% during the forecast period.
- Healthcare Third-party Logistics Market: The global healthcare third-party logistics market size was valued at USD 191.4 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.6% from 2022 to 2030.
Surgical Display Market Segmentation
Grand View Research has segmented the global surgical display market on the basis of type and region:
Surgical Display Type Outlook (Revenue, USD Million, 2016 - 2028)
- Low-end
- Mid-end
- High-end
Surgical Display Regional Outlook (Revenue, USD Million, 2016 - 2028)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Market Share Insights
- August 2021: Shenzhen Beacon Display Technology Co., Ltd. established its European subsidiary under the name Beacon Bigtide Europe B.V. The new entity was formed primarily to manage sales trade and after-sales service of the company’s products as well as enhance penetration of its brand in the European market.
- July 2021: EMBITRON s.r.o. launched new 4K surgical displays in 27'' and 32" screen sizes. This added to the company’s offerings.
Key Companies profiled:
Some of the prominent players in the surgical display market include:
- Eizo Inc.
- Stryker
- Alcon
- Siemens
- Steris
- Olympus Corporation
- Koninklijke Philips N.V.
- Barco
- Ambu A/S
- NDS Surgical Imaging
Order a free sample PDF of the Surgical Display Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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