Medical Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Medical Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A5475
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Market Overview:

The global medical display market reached a value of US$ 2.35 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.4 Billion by 2027, exhibiting a CAGR of 6.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Medical displays are used in medical-grade monitors, including mammography, tomosynthesis, and picture archiving and communication systems (PACS), to address medical imaging needs like endoscopy, x-ray, ultrasound, or sectional. These displays usually come with advanced image-enhancing technologies to ensure consistent brightness over the lifetime of the display, noise-free images, ergonomic reading, and automated compliance with medical standards. At present, they are preferred over consumer displays around the world to meet set requirements for image quality, medical regulations, and quality assurance.

 

 
 

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Medical Display Market Trends:

The rising prevalence of new diseases is resulting in increasing morbidity and mortality rates. This is escalating the need for advanced diagnostic modalities, which represents one of the key factors driving the market. Moreover, the increasing geriatric population, which is more prone to chronic illnesses, is influencing the market positively across the globe. Besides this, the responsive touch feature in medical displays, when combined with antimicrobial touch glass, prevents the risk of cross-contamination between healthcare professionals and patients. This, in confluence with the increasing cases of infectious diseases, is contributing to the market growth. Furthermore, the growing adoption of personalized treatment options and point of care (POC) testing is creating a favorable outlook for the market. Apart from this, several manufacturers are introducing 4K ultra high definition (HD) displays with a wide range of picture formats and interfaces for surgical and general clinical applications. In addition, they are focusing on expanding their portfolio of monitors that offer enhanced patient and staff safety and detailed visualization to support improved outcomes. Such innovations are anticipated to provide a thrust to the growth of the market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global medical display market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on device, panel size, resolution, technology, application and end user.

Breakup by Device:

 

 
 

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  • Mobile
  • Desktop
  • All-in-one
     

Breakup by Panel Size:

  • Up to-22.9-inch
  • 23.0–26.9-inch
  • 27.0–41.9-inch
  • Above-42-inch
     

Breakup by Resolution:

  • Up to 2MP
  • 2.1 to 4MP
  • 4.1 to 8MP
  • Above 8MP
     

Breakup by Technology:

  • Light Emitting Diode (LED)
  • Backlit Liquid Crystal Display
  • Organic Light Emitting Diode (OLED) Display
  • Cold Cathode Fluorescent Light (CCFL)
  • Others
     

Breakup by Application:

  • Digital Pathology
  • Multi-modality
  • Surgical
  • Radiology
  • Mammography
  • Others
     

Breakup by End User:

  • Hospitals
  • Diagnostic Centres
  • Community Healthcare
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Advantech Co. Ltd., Axiomtek Co. Ltd., Barco NV, BenQ Medical Technology, Dell Technologies Inc., EIZO Corporation, LG Electronics Inc., Novanta Inc., Siemens AG, Sony Corporation and Steris Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Device, Panel Size, Resolution, Technology, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Advantech Co. Ltd., Axiomtek Co. Ltd., Barco NV, BenQ Medical Technology, Dell Technologies Inc., EIZO Corporation, LG Electronics Inc., Novanta Inc., Siemens AG, Sony Corporation and Steris Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global medical display market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global medical display market?
  • What are the key regional markets?
  • What is the breakup of the market based on the device?
  • What is the breakup of the market based on the panel size?
  • What is the breakup of the market based on the resolution?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global medical display market and who are the key players?
  • What is the degree of competition in the industry?

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Medical Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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