Market Overview:
The global surgical video recorder market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and rising number of surgical procedures. In addition, the growing awareness about benefits of using surgical video recorders is also contributing to the growth of this market. Based on type, the global surgical video recorder market can be segmented into wearable and desktop devices. The wearable devices segment is expected to grow at a higher CAGR than the desktop devices segment during the forecast period from 2018 to 2030. This can be attributed to factors such as increasing demand for portable medical devices and technological advancements in wearable surgical video recorders. Based on application, the global surgical video recorder market can be divided into hospital, clinic, and other applications segments.
Product Definition:
A surgical video recorder is a device used to capture images of a surgical procedure. These images can be used for training purposes or to document the procedure for later review. The importance of using a surgical video recorder during surgery is that it allows surgeons to have an accurate, real-time view of what is happening inside the patient's body. This can help them make better decisions about how to proceed with the surgery and may reduce the risk of complications.
Wearable:
The global wearable medical devices market is anticipated to grow at a lucrative rate during the forecast period. The growth of this market can be attributed to factors such as increasing incidences of chronic diseases, rising geriatric population base, and growing awareness levels among individuals regarding the benefits offered by these devices.
Furthermore, technological advancements in sensors.
Desktop:
The global desktop and it's usage in surgical video recorder market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing demand for high-quality videos during surgeries. In addition, rising adoption of laparoscopic surgeries boosts the demand for such advanced medical equipment as a desktop and its usage in surgical video recorder.
Application Insights:
Based on application, the global surgical video recorder market is segmented into hospital, clinic and other. The hospital segment dominated the overall market in terms of revenue in 2017. This can be attributed to factors such as high usage rates and a large number of surgeries taking place at any given time across various hospitals globally. Furthermore, an increase in healthcare spending by governments as well as private organizations worldwide has led to an increased demand for technologically advanced medical equipment that will help reduce human errors during medical procedures. As a result, wearable or handheld video recorders are being used more frequently by surgeons during surgeries for better documentation purposes without exposing them to additional risks due to lack of safety protocols followed while using these devices at present times.
The Clinic segment is expected register the highest CAGR over the forecast period owing to increasing adoption rate among general physicians.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing cases of trauma, rising geriatric population, and high adoption rate of advanced surgical tools. Moreover, growing number of hospitals that are opting for digital systems is expected to drive the regional demand over the forecast period. Europe accounted for a significant share in terms of revenue as well as volume in 2017 owing to presence or majority ownership by companies such as Philips Healthcare; Koninklijke Philips N.V.; Medtronic; Stryker; and Terumo BCT GmbH & Co.
Asia Pacific region is anticipated to witness lucrative growth over the forecast period owing to improving healthcare infrastructure coupled with rising awareness regarding minimally invasive surgeries among patients from urban areas compared with rural ones. In addition, rapidly developing economy offers numerous opportunities for market players operating within this region thereby driving its growth further over next seven years (2030).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global surgical video recorder market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand for minimally invasive surgeries. Minimally invasive surgeries are less traumatic and result in shorter hospital stays as compared to traditional open surgery procedures. This is driving the adoption of surgical video recorders across the globe.
- Growing geriatric population: The global geriatric population is growing at a rapid pace and this is expected to drive the growth of the surgical video recorder market during the forecast period. Elderly patients are more susceptible to diseases such as cancer, heart disease, and stroke, which require surgery for treatment. Thus, there is an increasing demand for surgical video recorders in hospitals worldwide to capture these procedures accurately and provide better patient care outcomes post-surgery.
Scope Of The Report
Report Attributes
Report Details
Report Title
Surgical Video Recorder Market Research Report
By Type
Wearable, Desktop
By Application
Hospital, Clinic, Other
By Companies
SONY, Zowietek Electronics, Medzone Healthcare, Uzumcu, Softneta, Rudolf Medical, Med X Change, LiteCure, Trumpf Medical, STERIS, Leica Microsystems, Surgitel, Stryker, Designs for Vision, Olympus, L.A. Lens, Olive Medical, Panasonic, Maquet
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Surgical Video Recorder Market Report Segments:
The global Surgical Video Recorder market is segmented on the basis of:
Types
Wearable, Desktop
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SONY
- Zowietek Electronics
- Medzone Healthcare
- Uzumcu
- Softneta
- Rudolf Medical
- Med X Change
- LiteCure
- Trumpf Medical
- STERIS
- Leica Microsystems
- Surgitel
- Stryker
- Designs for Vision
- Olympus
- L.A. Lens
- Olive Medical
- Panasonic
- Maquet
Highlights of The Surgical Video Recorder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wearable
- Desktop
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Surgical Video Recorder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A surgical video recorder is a device that captures video of a surgery. This can be helpful in case there are any questions or problems after the surgery.
Some of the major players in the surgical video recorder market are SONY, Zowietek Electronics, Medzone Healthcare, Uzumcu, Softneta, Rudolf Medical, Med X Change, LiteCure, Trumpf Medical, STERIS, Leica Microsystems, Surgitel, Stryker, Designs for Vision, Olympus, L.A. Lens, Olive Medical, Panasonic, Maquet.
The surgical video recorder market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Surgical Video Recorder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Surgical Video Recorder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Surgical Video Recorder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Surgical Video Recorder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Surgical Video Recorder Market Size & Forecast, 2020-2028
4.5.1 Surgical Video Recorder Market Size and Y-o-Y Growth
4.5.2 Surgical Video Recorder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wearable
5.2.2 Desktop
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Surgical Video Recorder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Surgical Video Recorder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wearable
9.6.2 Desktop
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wearable
10.6.2 Desktop
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wearable
11.6.2 Desktop
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wearable
12.6.2 Desktop
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wearable
13.6.2 Desktop
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Surgical Video Recorder Market: Competitive Dashboard
14.2 Global Surgical Video Recorder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SONY
14.3.2 Zowietek Electronics
14.3.3 Medzone Healthcare
14.3.4 Uzumcu
14.3.5 Softneta
14.3.6 Rudolf Medical
14.3.7 Med X Change
14.3.8 LiteCure
14.3.9 Trumpf Medical
14.3.10 STERIS
14.3.11 Leica Microsystems
14.3.12 Surgitel
14.3.13 Stryker
14.3.14 Designs for Vision
14.3.15 Olympus
14.3.16 L.A. Lens
14.3.17 Olive Medical
14.3.18 Panasonic
14.3.19 Maquet
