Surgical Monitors Market Size

Surgical Monitors Market size is expected to reach USD 917.78 Million by the end of 2036, growing at a CAGR of 2.1% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of surgical monitors was over USD 699 Million. The market is in reality significantly driven by the increasing incidence of chronic illnesses. Surgical operations are frequently necessary for the treatment or management of chronic conditions, including neurological disorders, cancer, and cardiovascular diseases. For instance; as per the data provided by the UN, by 2050, chronic illnesses like cancer, diabetes, respiratory disorders, and cardiovascular diseases will be responsible for 86% of the 90 million fatalities that occur annually. This represents a startling 90% increase in absolute numbers since 2019.

In addition, all medical display monitors experienced a shift in trend as a result of the widespread use and conversion to LCD displays, which are growing at a never-before-seen rate due to declining LCD unit pricing. The need for diagnostic displays is driving growth in the market across all application platforms.