Global Medical Display Market

Medical Display Market Size, Share, Growth Analysis, By Display Technology Type(LED - Backlit LCD Displays, CCFL - Backlit LCD Displays and OLED Displays.), By Application(Radiology, Mammography, Digital Pathology, Surgical and Dentistry.), By Panel Size(Under 22.9 inches, 23.0 - 26.9 inches, 27.0 - 41.9 inches and Above 42 inches.), By Resolution(Up to 2MP, 2.1 - 4MP, 4.1-8MP and Above 8MP), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35G2148 | Region: Global | Published Date: March, 2024
Pages: 219 |Tables: 117 |Figures: 77

Medical Display Market Insights

Medical Display Market size was valued at USD 2.2 billion in 2021 and is poised to grow from USD 3.5 billion in 2022 to USD 5.62 billion by 2030, growing at a CAGR of 6.1% in the forecast period (2023-2030).

One of the primary drivers of the global medical display market is the increasing demand for accurate and detailed imaging in healthcare settings. Medical displays play a crucial role in enabling healthcare professionals to accurately diagnose and treat patients by providing high-resolution images with exceptional clarity. As the demand for advanced imaging technologies such as ultrasound, MRI, CT scans, and X-rays continues to rise, the need for high-quality medical displays also increases. Moreover, the growing prevalence of chronic diseases, such as cardiovascular disorders, cancer, and orthopedic conditions, has led to an increased demand for medical imaging procedures. This has further fueled the demand for medical displays as these procedures heavily rely on accurate visual representations for diagnosis and treatment planning.

Additionally, technological advancements in medical display technology have significantly contributed to market growth. Manufacturers are focusing on developing displays with higher resolutions, wider color gamut, improved contrast ratios, and better luminance levels to enhance image quality and provide more accurate diagnoses. Furthermore, the integration of advanced features like 3D visualization, multi-modality display, and touch-screen capabilities has expanded the applications of medical displays across various medical specialties.

US Medical Display Market is poised to grow at a sustainable CAGR for the next forecast year.

Market Snapshot - 2023-2030

Global Market Size

USD 2.2 billion

Largest Segment

LED - Backlit LCD Displays

Fastest Growth

LED - Backlit LCD Displays

Growth Rate

6.1% CAGR

Global Medical Display Market ($ Bn)
Country Share for North America Region (%)

To get more reports on the above market click here to Buy The Report

Medical Display Market Segmental Analysis

The global medical display market is segmented by display technology type, application, panel size, resolution, and region. Based on type, the market can be segmented into LED - Backlit LCD Displays, CCFL - Backlit LCD Displays and OLED Displays . Based on application, the market is segmented into Radiology, Mammography, Digital Pathology, Surgical and Dentistry. According to panel size it can be segmented as Under 22.9 inches, 23.0 - 26.9 inches, 27.0 - 41.9 inches and Above 42 inches. By resolution, it is segmented as Up to 2MP, 2.1 - 4MP, 4.1-8MP and Above 8MP. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Medical Display Market Analysis by Type

By type, the market can be segmented into LED - Backlit LCD Displays, CCFL - Backlit LCD Displays and OLED Displays. Among the various types of medical displays, the most dominant type in the market is the LED - Backlit LCD (Liquid Crystal Display) segment. These displays have gained significant popularity in the healthcare industry due to their superior image quality, high resolution, wide viewing angles, and accurate color reproduction. These displays are widely used in medical imaging applications, such as radiology, mammography, pathology, and surgical displays. The dominant position of LED - Backlit LCD displays can be attributed to their ability to meet the stringent image quality standards required for medical imaging, as well as their reliability and cost-effectiveness.

On the other hand, the fastest-growing type in the global medical display market is the OLED (Organic Light Emitting Diode) segment. OLED technology offers several advantages over LCD displays, including higher contrast ratios, deeper blacks, faster response times, and thinner form factors. OLED displays are known for their exceptional color accuracy, which is critical for medical imaging applications that require precise visualization of anatomical structures and abnormalities. The growing adoption of OLED displays can be attributed to the increasing demand for advanced imaging technologies, such as digital pathology, molecular imaging, and 3D visualization, in the healthcare sector. OLED displays are particularly well-suited for applications that require flexible displays or curved screens, offering additional design flexibility for medical device manufacturers

Medical Display Market Analysis by Application

By application, the market can be segmented into Radiology, Mammography, Digital Pathology, Surgical and Dentistry. Radiology holds a prominent position in the global medical display market. Radiologists heavily rely on medical displays for the interpretation of medical imaging data such as X-rays, CT scans, MRI scans, and ultrasound images. These displays provide high-resolution imaging, accurate color representation, and advanced visualization tools, enabling radiologists to make precise diagnoses and treatment decisions. With the increasing prevalence of diseases, rising demand for diagnostic imaging, and technological advancements in imaging modalities, the demand for medical displays in radiology continues to grow steadily.

On the other hand, digital pathology is the fastest-growing segment in the global medical display market. Digital pathology involves the digitization of glass slides and their interpretation on digital screens, eliminating the need for physical slide handling. Medical displays used in digital pathology enable pathologists to view, analyze, and collaborate on digital images of tissue samples. This technology offers benefits such as improved workflow efficiency, remote consultations, and access to extensive digital archives.

Global Medical Display Market By Type, 2021 (%)

To get detailed analysis on other segments, Request For Free Sample Report

Medical Display Market Regional Insights

North America held the largest market share in the global medical display market in 2022 and is further projected to continue so during the forecast period as well. The dominance of this region can be attributed to several factors. Firstly, North America has a well-established healthcare infrastructure with a high level of technological advancements. The region is known for its advanced healthcare facilities, cutting-edge medical research, and strong investments in healthcare IT systems. The presence of major medical display manufacturers and healthcare providers further contributes to the dominance of North America in the market.

The market in Asia Pacific is experiencing rapid growth and is emerging as the fastest-growing region in the global medical display market. The market growth in this region is primarily driven by factors such as the increasing healthcare expenditure, rising awareness about early disease diagnosis, and the growing adoption of digital healthcare solutions. Countries like China, India, Japan, and South Korea are witnessing significant investments in healthcare infrastructure and the implementation of advanced medical imaging technologies.

Global Medical Display Market By Geography, 2023-2030
  • Largest
  • Fastest

To know more about the market opportunities by region and country, click here to
Buy The Complete Report

Medical Display Market Dynamics

Medical Display Market Drivers

Increasing Adoption of Picture Archiving and Communication Systems (PACS)

  • The adoption of Picture Archiving and Communication Systems (PACS) is witnessing a significant increase on a global scale. PACS systems enable healthcare providers to electronically store, retrieve, and share medical images, resulting in improved efficiency and accessibility of patient data. This rise in PACS adoption is driving a corresponding increase in demand for medical displays that are specifically designed for viewing and interpreting the stored images.

Medical Display Market Restraints

Stringent Regulatory Requirements

  • The medical display market is governed by stringent regulatory requirements and standards, which encompass aspects such as safety, image quality, and adherence to medical device regulations. These regulations are put in place to ensure the safety and effectiveness of medical displays in healthcare settings. However, for manufacturers, complying with these rigorous requirements can pose significant challenges and result in delays in product launches and market entry.

Request Free Customization of this report to help us to meet your business objectives.

Medical Display Market Competitive Landscape

The market players in the global medical display industry strive to differentiate themselves through the development and manufacturing of advanced display solutions that meet the specific requirements of healthcare professionals and medical facilities. These display solutions need to comply with stringent regulatory standards, including medical-grade certifications, to ensure accuracy, reliability, and safety in medical imaging and diagnostics.

Innovation plays a vital role in the competitive landscape of the medical display market. Companies continually invest in research and development to introduce cutting-edge technologies and improve the visual quality, resolution, color accuracy, and image interpretation capabilities of their displays. Enhanced visualization features, such as high brightness, contrast ratio, and wide viewing angles, are crucial to facilitate accurate diagnosis and improve patient care outcomes.

Medical Display Market Top Player’s Company Profiles

  • LG Display Co., Ltd. (South Korea)
  • Novanta Inc. (US)
  • Siemens Healthineers AG (Germany)
  • Advantech Co., Ltd. (Taiwan)
  • FSN Medical Technologies (US)
  • NEC Display Solutions, Ltd. (Japan)
  • Philips Healthcare (Netherlands)
  • Accuray Incorporated (US)
  • JVC Kenwood Holdings Inc. (Japan)
  • AsusTek Computer Inc. (Taiwan)
  • Canon Inc. (Japan)
  • Dell Technologies Inc. (US)
  • Hisense Medical (China)
  • Hologic, Inc. (US)
  • Planar Systems, Inc. (US)
  • Toshiba Corporation (Japan)
  • ViewSonic Corporation (US)

Medical Display Market Recent Developments

  • In April 2023, LG Electronics introduced the 32HQ713D-B, a high-resolution 8MP diagnostic medical monitor. With a brightness of 1000 nits and LG's proprietary IPS Black panel, it delivers a contrast ratio of 2,000:1, deep blacks, and simplified color calibration through an integrated sensor and software.
  • In February 2023, Eizo launched a 21.3-inch 2-megapixel color monitor. This monitor is designed for displaying patient charts and reviewing diagnostic imaging in hospital and clinic settings.
  • In November 2022, Barco expanded its product offerings with the launch of two displays. The Io Gray 5.8 MP is specifically designed for breast imaging, while the MDSC-8532 and MDSC-8527 4K UHD displays cater to surgical applications.
  • In July 2022, Eizo unveiled a range of four new monitors with 4K UHD resolution (3840 x 2160 pixels) for high-precision procedures in the operating room (OR). These monitors, ranging from 32 to 55 inches, are suitable for use in endoscopy, microsurgery, and other precision-driven medical applications.
  • In June 2022, Eizo Corporation introduced the RadiForce MX243W. This 24.1-inch 2.3-megapixel (1920 x 1200 pixel) display is specifically designed for meticulous monitoring and diagnosis of patient physiology in clinics and hospitals. The addition of this product to their portfolio expanded their offerings in the medical display market.

Medical Display Key Market Trends

  • High Rate of Morbidity and Mortality: The global medical display market is experiencing growth due to various factors. One significant driver is the increasing prevalence of new diseases, leading to higher morbidity and mortality rates. This has created a greater demand for advanced diagnostic modalities to aid in early and accurate disease detection.
  • Rise in Geriatric Population: The growing geriatric population, which is more susceptible to chronic illnesses, is further boosting the market globally. The integration of responsive touch features in medical displays, coupled with antimicrobial touch glass, has become crucial in preventing cross-contamination between healthcare professionals and patients. With the rise in infectious diseases, this feature has gained importance and contributed to the market growth. Moreover, the adoption of personalized treatment options and point-of-care (POC) testing is on the rise, creating a favorable environment for the medical display market. These approaches enable healthcare professionals to deliver targeted and efficient care, enhancing patient outcomes.

Medical Display Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our global medical display market analysis, the increasing adoption of advanced medical imaging technologies and the growing demand for accurate diagnostic tools are the key growth drivers. Additionally, the need for high-quality medical displays is on the rise which will further add impetus to market growth. Medical displays play a critical role in delivering clear and precise imaging results, aiding healthcare professionals in making accurate diagnoses and treatment decisions. The market scope extends across various segments, including hospitals, diagnostic centers, clinics, and research institutions, among others. One of the key opportunities in the global medical display market lies in the increasing preference for digital imaging systems and the shift from traditional analog displays. As healthcare facilities worldwide transition to digital platforms, the demand for high-resolution, high-definition medical displays is witnessing significant growth. Additionally, the rising prevalence of chronic diseases, the aging population, and the need for early detection of medical conditions contribute to the market's opportunities. The competition in the global medical display market is intense, with numerous players vying for market share. Leading companies in the industry strive to gain a competitive edge through strategies such as product innovation, partnerships, collaborations, and mergers and acquisitions. These companies focus on developing technologically advanced medical displays with enhanced features, such as higher resolution, better color accuracy, and improved contrast ratio, to meet the evolving demands of healthcare professionals.

Report Metric Details
Market size value in 2021 USD 2.2 billion
Market size value in 2030 USD 5.62 billion
Growth Rate 6.1%
Base year 2023
Forecast period 2023-2030
Forecast Unit (Value) USD Billion
Segments covered
  • Display Technology Type
    • LED - Backlit LCD Displays, CCFL - Backlit LCD Displays and OLED Displays.
  • Application
    • Radiology, Mammography, Digital Pathology, Surgical and Dentistry.
  • Panel Size
    • Under 22.9 inches, 23.0 - 26.9 inches, 27.0 - 41.9 inches and Above 42 inches.
  • Resolution
    • Up to 2MP, 2.1 - 4MP, 4.1-8MP and Above 8MP
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • LG Display Co., Ltd. (South Korea)
  • Novanta Inc. (US)
  • Siemens Healthineers AG (Germany)
  • Advantech Co., Ltd. (Taiwan)
  • FSN Medical Technologies (US)
  • NEC Display Solutions, Ltd. (Japan)
  • Philips Healthcare (Netherlands)
  • Accuray Incorporated (US)
  • JVC Kenwood Holdings Inc. (Japan)
  • AsusTek Computer Inc. (Taiwan)
  • Canon Inc. (Japan)
  • Dell Technologies Inc. (US)
  • Hisense Medical (China)
  • Hologic, Inc. (US)
  • Planar Systems, Inc. (US)
  • Toshiba Corporation (Japan)
  • ViewSonic Corporation (US)
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Medical Display Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Medical Display Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Medical Display Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Medical Display Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Medical Display Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Medical Display Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Medical Display Market size was valued at USD 2.2 billion in 2021 and is poised to grow from USD 3.5 billion in 2022 to USD 5.62 billion by 2030, growing at a CAGR of 6.1% in the forecast period (2023-2030).

The market players in the medical display industry strive to differentiate themselves through the development and manufacturing of advanced display solutions that meet the specific requirements of healthcare professionals and medical facilities. These display solutions need to comply with stringent regulatory standards, including medical-grade certifications, to ensure accuracy, reliability, and safety in medical imaging and diagnostics. 'Barco (Belgium)', 'EIZO Corporation (Japan)', 'Sony Corporation (Japan)', 'LG Display Co., Ltd. (South Korea)', 'Novanta Inc. (US)', 'Siemens Healthineers AG (Germany)', 'Advantech Co., Ltd. (Taiwan)', 'FSN Medical Technologies (US)', 'NEC Display Solutions, Ltd. (Japan)', 'Philips Healthcare (Netherlands)', 'Accuray Incorporated (US)', 'JVC Kenwood Holdings Inc. (Japan)', 'AsusTek Computer Inc. (Taiwan)', 'Canon Inc. (Japan)', 'Dell Technologies Inc. (US)', 'Hisense Medical (China)', 'Hologic, Inc. (US)', 'Planar Systems, Inc. (US)', 'Toshiba Corporation (Japan)', 'ViewSonic Corporation (US)'

The adoption of Picture Archiving and Communication Systems (PACS) is witnessing a significant increase on a scale. PACS systems enable healthcare providers to electronically store, retrieve, and share medical images, resulting in improved efficiency and accessibility of patient data. This rise in PACS adoption is driving a corresponding increase in demand for medical displays that are specifically designed for viewing and interpreting the stored images.

High Rate of Morbidity and Mortality: The medical display market is experiencing growth due to various factors. One significant driver is the increasing prevalence of new diseases, leading to higher morbidity and mortality rates. This has created a greater demand for advanced diagnostic modalities to aid in early and accurate disease detection.

North America held the largest market share in the medical display market in 2022 and is further projected to continue so during the forecast period as well. The dominance of this region can be attributed to several factors. Firstly, North America has a well-established healthcare infrastructure with a high level of technological advancements. The region is known for its advanced healthcare facilities, cutting-edge medical research, and strong investments in healthcare IT systems. The presence of major medical display manufacturers and healthcare providers further contributes to the dominance of North America in the market.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Medical Display Market

Product ID: SQMIG35G2148

$5,300
BUY NOW GET FREE SAMPLE