The global medical display market is expected to reach USD 2.20 billion in 2032 and register a steady revenue CAGR of 4.7% during the forecast period, according to the latest analysis by Emergen Research. Increasing usage of medical displays in various applications, such as multi-modality, radiology, mammography, and others, is a key factor driving market revenue growth. Medical-grade monitors utilize advanced viewing technologies to ensure that the image is practically the same from any angle, which is especially important during surgeries. Medical-grade monitors have higher resolution and clarity and can display images in portrait or landscape orientation as needed. Most diagnostic imaging applications, such as computed radiology (CR), computed tomography (CT), digital radiology (DR), and magnetic resonance imaging (MRI), scan images with a resolution of 3 megapixels or higher. Important data would be lost without a suitable high-resolution monitor to display these images.
The market size, revenue growth, and CAGR from 2022 to 2032 are all addressed in the Medical Display Market Analysis. The research also gives significant insights into the top market players, including SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis, to give readers a competitive edge. The study focuses on the current epidemic’s most recent trends, major challenges, opportunities, and limitations.
In addition, increasing usage of medical displays in radiography is also expected to drive market revenue growth during the forecast period. Over the past few decades, there has been remarkable progress in the advancement of medical imaging technology, which has equipped doctors with an increasing volume of patient-specific anatomical and functional information. The rising utilization of non-ionizing and real-time imaging techniques, such as ultrasound and optical imaging, during surgical operations has necessitated the creation and refinement of novel visualization and display technology. This technology enables physicians to fully harness abundant and diverse sources of preoperative and intraoperative data. Furthermore, medical displays incorporate specialized image-enhancing technologies to guarantee consistent brightness and deliver clear, coherent images throughout the display’s lifespan, which is another key factor driving market revenue growth.
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Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Medical Display market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Medical Display market and pinpoint the fundamental growth trends.
The leading market contenders listed in the report are:
ASUSTeK Computer Inc., Axiomtek Co., Ltd, Barco, BenQ Medical Technology, COJE CO.LTD, Dell Inc., DIVA Laboratories. Ltd., EIZO Corporation, FSN Medical Technologies, and Sony Corporation
Global Medical Display Market Highlights:
Regional demand estimation and forecast
Product Mix Matrix
R&D Analysis
Cost-Benefit Analysis
Pre-commodity pricing volatility
Supply chain optimization analysis
Technological updates analysis
Raw Material Sourcing Strategy
Competitive Analysis
Mergers & Acquisitions
Location Quotients Analysis
Carbon Footprint Analysis
Patent Analysis
Vendor Management
Key Parameters Analyzed in This Section:
Company Profiles
Gross Revenue
Profit margins
Product sales trends
Product pricing
Industry Analysis
Sales & distribution channels
Regional Segmentation:
North America
Latin America
Europe
Middle East & Africa
Asia Pacific
Key Points Covered in This Section:
Regional contribution
Estimated revenue generation
Vital data and information about the consumption rate in all the leading regional segments
An expected rise in market share
Forecast growth in the overall consumption rate
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Some Key Highlights From the Report
The desktop segment accounted for largest revenue share in the global medical display market in 2022. This is because medical displays are widely used in desktop computers, notably in radiology departments and other medical fields that require high-precision imaging. A medical display is a monitor that is built to meet the standards of medical imaging. These are often outfitted with image-enhancing technology that ensures consistent brightness over the life of display, noise-free images, ergonomic reading, and automated compliance with Digital Imaging and Communications in Medicine (DICOM) and other medical standards.
The 27.0–41.9-inch panels segment is expected to register significantly fast revenue growth rate in the global medical display market over the forecast period. This is because 27.0-41.9-inch panels provide several advantages over smaller displays, especially in applications requiring a broad viewing area or excellent visual resolution. Larger displays often have better resolutions than smaller displays, allowing images and text to be presented with greater clarity and detail. These displays also assist to reduce eye strain and fatigue by allowing users to view content at a comfortable distance, which is especially useful for applications that require prolonged use, hence driving revenue growth of this segment.
The digital pathology segment is expected to account for considerably large revenue share in the global medical display market during the forecast period. Digital pathology involves collection, management, exchange, and analysis of pathology information, including slides and data, in a digital environment. Digital pathology is a method of analyzing high-resolution digitally scanned histology images using computer tools and algorithms. The Food and Drug Administration (FDA) currently recommends that digital pathology vendors include a specific display model within their Whole-Slide Imaging (WSI) system’s device submissions, which highlights the importance of digital displays (monitors) in clinical practice of pathology. As a result, all of these factors are expected to drive market revenue growth during the forecast period.
The Asia Pacific market accounted for largest revenue share in the global medical display market in 2022. This is attributed to increasing adoption of hybrid operating rooms in countries such as India, China, and Japan. Hybrid Operating Room (OR) comprises of a surgical workspace that incorporates imaging technologies as well as a versatile surgical table. These ORs enable surgeons to perform diagnostic and therapeutic procedures in the same room, eliminating hazards associated with patient transport and delay.
Market Overview:
The report bifurcates the Medical Display market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Devices Outlook (Revenue, USD Billion; 2019–2032)
Mobile
Desktop
All in one
Panel Size Outlook (Revenue, USD Billion; 2019–2032)
Up to-22.9-inch panels
0–26.9-inch panels
0–41.9-inch panels
Above-42-inch panels
Resolution Outlook (Revenue, USD Billion; 2019–2032)
Up to 2MP
1 to 4MP
1 to 8MP
Above 8MP
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Key reasons to buy the Global Medical Display Market report:
The latest report comprehensively studies the global Medical Display market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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