Surgical Visualization Systems Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product (Endoscopic Cameras, Light Sources, Displays and Monitors, Video Recorders, Accessories), By Application (Gastroscopy, Endoscopy, Others), By End-User (Hospitals, Diagnostic Imaging Centers, Others), and Region

Surgical Visualization Systems Market size was valued at US$ 4,876.3 million in 2023 and is poised to grow at a significant CAGR of 7.5% from 2024-2030. Surgical visualization systems are technologies commonly utilized in operating rooms during surgical operations. It allows surgeons to see more clearly, resulting in better outcomes. The surgical visualization systems eliminate reflections and boost the useable contrast ratio, which aids body viewing during procedures. Portable and handheld gadgets with moving arms are included in these systems. These surgical viewing systems are primarily utilized for examining, diagnosing, and treating disorders involving the bronchial tract, digestive system, and other organs. It also allows imaging and detecting diseases like cancer, aneurysms, and others.

The Endoscopic Cameras segment is anticipated to grow at a significant CAGR over the forecast years owing to rising constant innovations and technological advancement in the endoscopy segment is a critical factor escalating segment growth, as is a growing demand for endoscopy, rising investments, funds, and grants, an increasing number of hospitals and growing hospital investments in endoscopy facilities, increasing technological advancements in the cameras used, rise in the preference for minimally invasive endoscopic procedures, and a growing geriatric population worldwide.

The growing elderly population would be a primary driver impacting the growth rate of the surgical devices visualization systems market. Another important aspect contributing to market development is technological advancement. Furthermore, rising healthcare spending capacity and advancements in healthcare infrastructure would be important drivers of market expansion.

Key Developments

In April 2021, Olympus Corporation of the Americas introduced H-SteriScope Single-Use Bronchoscopes, a collection of five premium endoscopes for use in advanced diagnostic and therapeutic treatments. This has enabled the corporation to extend its operations through its product portfolio and maintain market footprints.