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North America Medical Display Market is expected to reach $1,515.8 million by 2026 with a CAGR of 5.2% | Alpha Display, ASUSTeK Computer Inc., Axiomtek Co., Ltd

10-23-2020 04:53 PM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
North America Medical Display Market

North America Medical Display Market

The North America and Europe medical display market was estimated at $1.01 billion in 2018 and is expected to hit at $1.51 billion by 2026, registering a CAGR of 5.2% from 2019 to 2026. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and changing market trends.

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Growth in adoption of hybrid operating rooms, short replacement cycles of medical displays, and increase in preference for minimally invasive treatments fuel the growth of the North America and Europe medical display market. On the other hand, market saturation in developed countries and increasing adoption of refurbished medical displays restrain the growth to some extent. However, technological advancements in imaging techniques are expected to pave the way for a number of lucrative opportunities in the near future.

Rise in adoption of hybrid operating rooms, short replacement cycles of medical display and surge in preference for minimally invasive treatments fuel the growth of the North America and Europe medical display market. On the other hand, market saturation in developed countries and increasing adoption of refurbished medical displays restrain the growth to some extent. However, technological advancements in imaging techniques are expected to create a number of opportunities in the near future.

Key players in the industry-

The key market players analyzed in the North America and Europe medical display market report include ASUSTeK Computer Inc., Barco NV, BenQ Medical Technology, Coje CO., LTD., Double Black Imaging Corporation, Advantech Co., Ltd. (Advantech), Axiomtek Co., Ltd., LG Display Co., Ltd., Dell Technologies Inc., Novanta Inc. (Novanta), Shenzhen Beacon Display Technology Co., FSN Medical Technologies, Hisense Medical, HP INC., Sony Corporation, Alpha Display, JVC Kenwood Holdings Inc., Nanjing Jusha Commercial & Trading Co, Ltd., Ltd., Steris PLC, and EIZO Corporation (EIZO). These market players have taken recourse to exclusive strategies including partnership, expansion, collaboration, joint ventures, and others to strengthen their foothold in the industry.

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The surgical segment to remain lucrative till 2026-

Based on application, the surgical segment accounted for more than one-fourth of the total market share in 2018 and is anticipated to rule the roost throughout 2019–2026. This is attributed to the higher adoption of medical displays in surgical procedures. Simultaneously, the segment would grow at the fastest CAGR of 6.1% during the estimated period.

The U.S generated the largest share in 2018-

Based on geography, the U.S segment held the major share in 2018, contributing to nearly two-fifths of the total market. Availability of medical displays with high end configurations has spurred the growth of the segment. At the same time, Germany is predicted to showcase the fastest CAGR of 6.6% during 2019–2026.

Read More @ https://www.alliedmarketresearch.com/north-america-and-europe-medical-display-market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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