Press release
Medical Display Market to hit $3.194 billion by 2027, at CAGR of 4.90% With Top Companies Hisense Medical, HP INC.
Medical Display Market
The global medical display industry garnered $2.05 billion in 2019, and is expected to generate $3.19 billion by 2027, witnessing a CAGR of 4.9% from 2020 to 2027.
Download Detailed COVID-19 Impact Sample Report at @ https://www.alliedmarketresearch.com/request-for-customization/6069?reqfor=covid
Covid-19 Scenario:-
• The demand for medical displays increased during the Covid-19 pandemic to cater the needs of increase in number of coronavirus infected patients and surge in hospitalization.
• However, the lockdown imposed by governments of many countries halted manufacturing activities of these displays. In addition, the supply chain disrupted, and consequently, the shortage of raw materials occurred.
• Many surgical procedures were postponed and only emergency surgeries were conducted during the pandemic. So, hospitals and healthcare organizations shifted resources including medical displays from other departments to fulfill increasing requirements in Covid wards.
Prime determinants of growth
Increase in adoption of hybrid operating rooms, short replacement cycles of medical displays, and rise in preference for minimally invasive treatments drive the growth of the global medical display market. However, market saturation in developed countries and surge in adoption of refurbished medical displays hinder the market growth. On the other hand, technological advancements in imaging techniques present new opportunities in the coming years.
Download Report Sample @ https://www.alliedmarketresearch.com/request-sample/6069
The desktop segment to maintain its lead position during the forecast period
Based on device, the desktop segment held the highest market share in terms of revenue, accounting for nearly 90% of the global medical display market in 2019, and will maintain its lead position during the forecast period. Moreover, this segment is expected to portray the highest CAGR of 5.1% from 2020 to 2027. This is attributed to widespread usage during major medical procedures for its high image quality and ease in image analysis. The report also analyzes segments including mobile and all in one.
The surgical segment to maintain its highest contribution by 2027
Based on application, the surgical segment contributed to the highest share in 2019, holding more than one-fourth of the global medical display market, and is expected to maintain its highest contribution by 2027. Moreover, this segment is projected to manifest the highest CAGR of 5.8% during the forecast period. This is due to surge in adoption of medical displays for its significant impact on the quality of surgical procedures. The report also discusses segments such as digital pathology, multi-modality, radiology, mammography, and others.
Asia-Pacific to offer lucrative opportunities, North America to grow steadily
Based on region, Asia-Pacific accounted for the highest market share in 2019, contributing to more than one-fourth of the global medical display market, and will maintain its leadership status throughout the forecast period. Moreover, this region is expected to grow at the highest CAGR of 5.7% from 2020 to 2027. This is attributed to rise in demand for advanced surgical display devices in the emerging countries such as China and India, increase in awareness regarding medical technologies, boom in medical tourism, and surge in healthcare expenditure in the region. However, North America is projected to portray a CAGR of 5.2% during the forecast period.
To know more about the report, visit the website at @ https://www.alliedmarketresearch.com/medical-display-market
Similar Reports:
Cancer Vaccines Market : https://www.pharmiweb.com/press-release/2020-11-18/cancer-vaccines-market-size-to-grow-usd-730-billion-globally-by-2027
Anti-Malarial Drug Market : https://www.pharmiweb.com/press-release/2020-11-18/antimalarial-drugs-market-size-is-generating-revenue-of-1-019-396-thousand-by-2026
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
About Us:
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Medical Display Market to hit $3.194 billion by 2027, at CAGR of 4.90% With Top Companies Hisense Medical, HP INC. here
News-ID: 2256995 • Views: …
More Releases from Allied Market Research
Smart Grid Market Reach USD 169.18 Billion by 2025, Key Factors Behind Market's …
According to the report published by Allied Market Research, The Smart Grid Market Reach USD 169.18 Billion by 2025, Key Factors Behind Market's Growth. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.
Increase…
IoT Security Market Reach USD 73.92 Billion by 2026, Key Factors behind Market's …
According to the report published by Allied Market Research, The IoT Security Market Reach USD 73.92 Billion by 2026, Key Factors behind Market's Growth. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.
Increase…
Web Analytics Market Reach USD 10.73 Billion by 2026, Key Factors behind Market' …
Allied Market Research published a new report, titled, " The Web Analytics Market Reach USD 10.73 Billion by 2026, Key Factors behind Market's Growth." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and…
Predictive Maintenance Market Reach USD 31.97 Billion by 2027, Key Factors behin …
Allied Market Research published a new report, titled, "Predictive Maintenance Market Reach USD 31.97 Billion by 2027, Key Factors behind Market's Exponential Growth." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine…
More Releases for CAGR
Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.…
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn.
Predictive analytics is segmented into:
Risk management:…
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s…
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more…
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012…
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population.
ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and…
