UHD surgical display market is likely to record a promising CAGR 0.8% during the forecast period. The market is currently valued at US$ 665 Mn and is likely to reach US$ 727 Mn by 2032.
| Attributes | Details |
| CAGR (2022-2032) | 0.8% |
| Value (2022) | US$ 665 Mn |
| Value (2032) | US$ 727 Mn |
As the diagnostics and monitoring of patients are increasing, the rise in the sales of UHD surgical displays has been noticed. Digital images and videos have been in use for the last decade. As the need for larger and higher resolution displays rises, demand for UHD surgical displays also rises.
These new larger, more vivid and better than HD surgical monitors are going to enhance the demand for UHD surgical display. Other qualities and specifications of UHD surgical display are single-screen clear display, easy to mount and minimizes communicating errors. This is going to push the sales of UHD surgical display.
An increase in the number of integrated operating rooms is one of the major drivers for the demand for UHD surgical display.
Other factors such as high adoption of minimally invasive techniques globally, rise in the number of ambulatory and diagnostic imaging centres, strong adoption of new technology in the developed nations, increase in telemedicine, an increasing number of speciality hospitals and clinics, also cumulatively drive the sales of UHD surgical display through the forecast period.
However, the high cost of the UHD surgical display, increasing tax, growing pricing pressure from players in China are some of the factors that restrain the growth of the UHD surgical display market.
The UHD surgical display is an advanced version of the HD surgical display. It offers a more optimized colour and brightness along with a better resolution for the visualization of medical images and videos.
These UHD surgical displays are available in LCD technology as well as in LED technology. The UHD Surgical display is used for a number of applications, including dental imaging, surgical imaging in digital OR, vital monitoring in the OR, Laparoscopic surgical camera display, telemedicine, and medical education.
This is going to push the sales of UHD surgical displays. These UHD surgical monitors are useful in Hospitals, Cath Labs, Ambulatory surgical centers, Medical Colleges, Academic and Research centers, and other similar medical centers, increasing the demand for UHD surgical display.
North America, along with Europe, is expected to lead the UHD surgical display market. The adoption in these developed nations is relatively high due to the fast adoption of new technology.
Increasing demand for minimally invasive surgeries is creating a surge in demand for UHD surgical displays.
China is also expected to offer a lucrative opportunity for the growth of the UHD surgical display market.
The presence of a large number of players in China offers strong competition and pricing pressure in the UHD surgical display market. Furthermore, the growing population availability of low cost UHD surgical displays are some of the factors that support the growth of the UHD displays market in the region.
The key players of the UHD surgical display market are focusing on enhancing and adopting strategies like mergers, new approvals, product launches and acquisitions to thrive business. This is driving the sales of UHD surgical display.
Key players in UHD surgical display market include Barco, Panasonic, Synergy Medical Inc, Hiliex, LG Electronics, FSN Medical Technologies, CONMED Corporation, ACL Allround Computerdienst Leipzig GmbH, Richardson Electronics Ltd, Shenzhen Jld Display Expert Co Ltd.
| Report Attribute | Details |
| Growth Rate | CAGR of 0.8% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical data | 2015 - 2020 |
| Forecast period | 2022 - 2032 |
| Quantitative units | Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
| Segments covered | Component Type, Vehicle Type, Region |
| Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand |
| Country scope | U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa |
| Key companies profiled | Barco, Panasonic, Synergy Medical Inc, Hiliex, LG Electronics, FSN Medical Technologies, CONMED Corporation, ACL ALLround Computerdienst Leipzig GmbH and Richardson Electronics ltd |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
Mid-end Segment is the biggest segment in the UHD surgical display market by product type and is expected to hold a big portion of the market in the forecast period. The leading factor is the more accurate monitoring and easy setup process. This leads to the high demand for UHD surgical display in developing countries.
Key competitors holding substantial UHD surgical display market share Barco, Panasonic, Synergy Medical Inc, Hiliex, LG Electronics, FSN Medical Technologies, CONMED Corporation, ACL Allround Computerdienst Leipzig GmbH, Richardson Electronics Ltd, Shenzhen Jld Display Expert Co Ltd.
Demand for UHD surgical display is likely to rise with the rising number of hospital and advanced healthcare units setting up with increased number of disease that need précised real time diagnosis, increasing the sales of UHD surgical display.
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UHD Surgical Display Market
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