Medical Display Market by Companies, Growth, Competitors Analysis, New Technology and Forecast to 2029
Medical display market is estimated to grow at CAGR of 4.45% to an estimated value of USD 2.83 billion by 2027 with factors such as descending cost pressure due to its commodity nature and raise in the number of restored medical displays approval will restrict the growth of the market in the forecast period of 2020 to 2027.
To overcome such hindrances, the thriving diagnostic and imaging centers will further create new and ample opportunities for the growth of the market in the above mentioned forecast period.
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According to Data Bridge Market Research the medical display market in developing regions is witnessing a growth in terms of its adoption rate, due to rising awareness towards the health and health associated check-ups. The rise in the number of adoption of hybrid operating rooms is also helping the market to grow. Rising investment in research and development of technology is also anticipated to enhance the growth of the market in the forecast period.
Now the question is which are the regions that medical display market players should target? Data Bridge Market Research has forecasted North America to dominate the medical display market due to the high approval of advanced technologies such as OLED and hybrid operating rooms, escalating healthcare expenditure, favorable compensation policies, and increasing volume of and surgeries diagnostic tests.
Some of the Key Players/Manufacturers Involved in the Market are:
- Advantech Co., Ltd
- Quest International Inc
- Steris plc
- Siemens Healthcare Private Limited
- BenQ Medical Technology
- AccurayIncorporated
- Alpinion Medical Systems Co., Ltd
- Nanjing Jusha Commercial &Trading Co,Ltd
- COJE CO.,LTD
- Axiomtek Co Ltd
- Dell
- HP Development Company
- L.P., Analogic Corporation
- ASAHI ROENTGEN. CO.,LTD
- Mediso Ltd
- Shenzhen Mindray Bio-Medical Electronics Co Ltd,
- Mobisante
Market Segmentation:
Global Medical Display Market By Resolution (2MP Resolution, 2.1–4 MP Resolution, 4.1–8 MP Resolution, Above 8MP Resolution, Others), Panel Size (0 to 22.9 Inch Display, 23.0 to 26.9-Inch Display, 27.0 to 41.9 Inch Display, above 42.0 Inch Display, Others), Display Color (Color, Monochrome), Application (Diagnostic, Surgical, Dentistry, Others), Technology (LED-Backlit LCD Display, CCFL-Backlit LCD Display, OLED Display, Others), End User (Hospitals, Diagnostic Centres, Community Healthcare), Distribution Channel (Retail, Direct Tenders), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027.
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Global Medical Display Market Scope And Market Size
Medical display market is segmented on the basis of resolution, panel size, display color application, technology and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on resolution, the medical display market is segmented into 2MP resolution, 2.1–4 MP resolution, 4.1–8 MP resolution, and above 8 MP resolutions and others
- Based on the application, the medical display market is segmented into diagnostic, surgical, dentistry and other. Diagnostic application is further sub-segmented into general radiology, digital pathology, multi-modality application, and general radiology.