Product Launch (Blog)

Jul, 12 2024

Industry Leaders Drive Innovation and Growth in the Global Surgical Visualization Product Market

The global surgical visualization product market is experiencing remarkable growth, propelled by various factors. One key driver is the escalating incidence of chronic diseases, which necessitates advanced surgical procedures for treatment. This trend is further augmented by the rising preference for minimally invasive surgeries, driven by their benefits, such as shorter recovery times, reduced pain, and lower risk of complications. Moreover, continuous advancements in surgical visualization systems, including the integration of technologies like 3d imaging, high-definition cameras, and robotic-assisted surgery, are revolutionizing surgical practices. These innovations not only enhance surgical precision and efficiency but also contribute to improved patient outcomes. Additionally, the increasing focus on patient safety and the rise in healthcare expenditure in developing regions are creating lucrative opportunities for market growth. As healthcare infrastructure continues to evolve globally, the demand for advanced surgical visualization products is expected to increase further, driving the expansion of the market.

The Global Surgical Visualization Product Market size was valued at USD 2,352.65 million in 2022, and is projected to reach USD 6,024.52 million by 2030, with a CAGR of 13.55% during the forecast period 2023 to 2030. 

To know more, visit https://www.databridgemarketresearch.com/reports/global-surgical-visualization-products-market

Below are the Top Five Surgical Visualization Product Companies with a Significant Market Share:

Rank

Company

Overview

Product Portfolio

Sales Geographical Coverage

Developments

1.

B. Braun Melsungen AG

 

B. Braun Melsungen AG offers a range of surgical visualization products, including endoscopes, cameras, and imaging systems, designed to enhance surgical precision and patient outcomes. With a focus on quality and reliability, B. Braun Melsungen AG has established itself as a trusted provider of surgical visualization solutions worldwide.                 

  • EinsteinVision n3.0
  • DS-CLIPS
  • CAIMAN SEAL AND CUT
  • MiniPort
  • LED Light Source

North America, Africa, Europe, South America, Asia-Pacific

In May 2023, B. Braun introduced its latest laparoscopic AESCULAP EinsteinVision 3.0 FI at the International Society for Gynecologic Endoscopy (ISGE) Annual Meeting 2023 in Sanur, Bali. This updated version features 3D Fluorescence Imaging, allowing real-time imaging through three different FI overlay modes. The advanced technology of AESCULAP EinsteinVision 3.0 FI empowers surgeons to achieve optimal outcomes during patient diagnostics or surgery.

2.

HOYA Corporation

HOYA Corporation's surgical visualization products, including endoscopes and imaging systems, are renowned for their high-quality imaging capabilities and reliability. HOYA Corporation's commitment to innovation and customer satisfaction has made it a preferred choice among healthcare professionals seeking cutting-edge surgical visualization solutions.   

  • Video Equipment
  • Gastroenterology
  • Endoscopic Ultrasound
  • Endobronchial Ultrasound
  • Pulmonology (DEFINA EPK-3000 Video Processor)

North America, Middle East and Africa, Europe, South America, Asia-Pacific

In May 2022, PENTAX Medical (a division of HOYA Group) and Jiangsu Vedkang Medical Science and Technology Co., Ltd (Vedkang) has entered into a joint venture- PENTAX Medical Therapeutics (Jiangsu) Co., Ltd. to develop single-use therapeutics products in the field of flexible medical endoscopy. This would help the company to expand its product portfolio and thereby enhances growth.

3.

Boston Scientific Corporation

 

 

 

Boston Scientific Corporation's surgical visualization products, including endoscopes and imaging systems, are known for their superior image quality and ergonomic design. Boston Scientific Corporation's focus on research and development ensures that its products remain at the forefront of surgical visualization technology, meeting the evolving needs of healthcare providers and patients worldwide.  

  • SpyGlass Camera PAL
  • SpyGlass Video Monitor
  • SpyGlass Travel Cart1
  • SpyGlass Lightsource
  • SpyGlass Light Cable

 

North America, Europe, South America, Asia-Pacific

In August 2021, Boston Scientific Corporation has got approval from the U.S. Food and Drug Administration (FDA) 510(k) clearance of the EXALT Model B Single-Use Bronchoscope, designed for use in bedside procedures within the intensive care unit (ICU) and operating room (OR) and can be used for a wide range of bronchoscopy procedures. This helped the company to expand its product portfolio thereby enhance growth in the market.

4.

 Stryker

 Stryker is a leading innovator, known for its advanced medical technologies. The company's surgical visualization products, including endoscopes and imaging systems, are designed to provide exceptional image quality and performance. Stryker's commitment to innovation and quality has made it a trusted partner for healthcare providers seeking state-of-the-art surgical visualization solutions.

  • 1588 AIM laparoscopes
  • 5.0 mm laparoscopic instruments
  • 5.0 mm sliding lock graspers
  • Laparoscopic instrument accessories

North America, Middle East and Africa, Europe, South America, Asia-Pacific

In October 2019, Stryker has acquired Mobius Imaging, LLC to bring expertise in advanced imaging and robotics, and a robust product pipeline providing Stryker an opportunity to increase its presence in Orthopaedics, Spine and Neurotechnology. This strategic acquisition helped the company to enhance their surgical visualization products production and thereby sustaining their footprint in market.

5.

Smith & Nephew

Smith & Nephew is a well-established player offering a comprehensive range of surgical technologies. The company's surgical visualization products, including endoscopes and imaging systems, are recognized for their precision and reliability. Smith & Nephew's dedication to advancing surgical techniques and improving patient outcomes has solidified its position as a leading provider of surgical visualization solutions worldwide.

  • LENS 4K         
  • LENS
  • 560H High Definition Camera Head  
  • 560 Series HD Camera System           
  • 4K-Optimized Arthroscopes

North America, Middle East and Africa, Europe, South America, Asia-Pacific

In September 2019, Smith & Nephew launched its LENS 4K surgical imaging system a state-of-the-art visualization platform designed for end-to-end 4K imaging. This launch has created persistence revenue generating path for company.

Conclusion

The global surgical visualization product market is poised for significant growth, driven by factors such as the increasing prevalence of chronic diseases, the rising demand for minimally invasive surgical procedures, and technological advancements in surgical visualization systems. Market players are focusing on developing innovative products to meet the evolving needs of healthcare providers and patients, enhancing surgical outcomes and patient safety. While challenges such as high costs and a shortage of skilled professionals exist, ongoing research and development efforts are expected to address these issues and drive further market growth.


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