Medical Display Market Size, Huge Demand, Growing Rate, Global Opportunity, Outlook, Infrastructure Forecast till 2027

 

Global Medical Display Market

 A medical display is defined as a monitor which meets the high demands of medical imaging. These displays are usually made with special image-enhancing technologies to ensure consistent brightness over the lifetime of the display, ergonomic reading, noise-free images, and automated compliance with digital imaging & communications in medicine (DICOM) and another medical standard. This technology is gaining popularity to generate crisper, clearer and sharper images with less noise & has a longer life span than commercial displays. It is considered to be the standard in certain applications, including chest and bone imaging, mammography. Medical displays possess a number of technologies that address image accuracy, such as uniformity correction, that offers a much more consistent brightness & color across the entire display. 

The global medical display market is growing at fastest rate due to the increase in market penetration for medical imaging systems, as well as the number of diagnostic care units are drastically being propelled. Also, the number of diseases and disorders which require radiological check-up and diagnosis are substantially heightening, as the use of hardcopy-based imaging films are actively reduced. Furthermore, the increase in awareness about healthcare and wellness is expected to contribute the global medical display market growth over the forecast period. 

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Furthermore, the increase in adoption of hybrid operating rooms, short replacement cycles of medical displays will positively influence the growth of global medical display market during this forecast period. Moreover, the increase in preference for minimally invasive treatments will drive the target market growth. A revolution in the market has been observed from the past few years, as healthcare professionals have long been demanding the high quality in the display resolution. higher pixel view, high contrast ratio, higher refresh rate, wide viewing angel, and brighter visibility have been in the forefront & leading and key players in the market are investing handful amount to come up with some of the most innovative products.

The growing adoption refurbished medical displays & market saturation in developed nations are the factors expected to restraint the global medical display market growth over the forecast period. Also, the high cost of the medical devices may hinder the market growth.

Market Segmentation

The Global Medical Display Market is segmented into panel size such as Under-22.9-Inch Panels, 23.0–26.9-Inch Panels, 27.0–41.9-Inch Panels, and Above 42-Inch Panels, by technology market is segmented into Pacs (Picture Archiving And Communication System), Oled, Led-Backlit Lcd,and Ccfl-Backlit Lcd. Further, market is segmented into application such as Digital pathology, Multi-modality, Surgical, Radiology, Mammography, and Others.

Based on the region, the global medical display market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

The APAC region is expected held largest market share of the medical display market across the globe, owing to the increase in demand for advanced surgical display devices in the emerging economies such as China and India, the growing awareness about medical technologies, the increase in medical tourism, as well as surge in healthcare investments in this region.

Market Key Players

Some key operating players are discussed in this report such as Siemens AG, LG Display Co., Ltd, Sony Corporation, Steris Plc, Novanta, Jusha Medical, Advantech, Barco, Quest International, Eizo, etc.

Market Taxonomy

By Panel Size

  • Under-22.9-Inch Panels
  • 23.0–26.9-Inch Panels
  • 27.0–41.9-Inch Panels
  • Above42-Inch Panels 

By Technology

  • Pacs (Picture Archiving and Communication System)
  • Oled
  • Led-Backlit Lcd
  •  Ccfl-Backlit Lcd

By Application

  • Digital pathology
  • Multi-modality
  • Surgical, Radiology
  • Mammography
  • Others 

By Region 

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which help our clients outperform their competition.

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