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Global 4K Medical Imaging Market including COVID-19 Analysis is Anticipated to grow at a Significant Pace i.e., USD 2,146.7 Million during the Forecast Period 2021-2027

01-15-2022 07:15 PM CET | Health & Medicine

Press release from: VynZ Research

Global 4K Medical Imaging Market

Global 4K Medical Imaging Market

The global 4K medical imaging market is expected to witness a CAGR of 11.9% during the forecast period. The rising demand for superior visualization quality in the medical sector, availability of technologically developed products having high-definition medical imaging, rising prevalence of chronic diseases, and massive R&D investment will propel the growth of the 4K medical imaging market.

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Moreover, the extensive entry of the new players in the industry for developing advanced imaging and visualization system in the healthcare sector will lead to a substantial increase in the sales of 4K medical imaging systems globally. The increasing awareness about the advantages of the 4K medical imaging system like display for enhanced clarity, camera to better capture the details, and developed visualization system that uses data from different facilities to a single unit will further fuel the growth of the 4K medical imaging market.

Sony’s NUCLeUS is supporting a 4K resolution using existing network infrastructure and offers a streamlined workflow to operate rooms and clinical spaces having direct access to imaging data from an easy-to-use central dashboard.

NDA, a Novanta Company, has launched a Radiance Ultra 4K 32’ monitor that showcased a 4K Ultra-High-Definition (UHD) visualization technology i.e., bringing high-precision 4K visualization to endoscopic surgery and a range of minimally invasive operating room (OR) applications.

The COVID-19 pandemic has affected millions of people globally. Mostly all the industries were impacted except for medical supplies and life support products industries owing to disruption in the supply chain, lockdown measures. However, recommencement of services such as cross-sectional imaging and ultrasounds to revive examination procedures will lead to the bounce-back of the 4K medical imaging market.

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By product type, the endoscopic camera is projected to witness a significant share during the forecast period.

Based on product type, the global 4K medical imaging market is divided into 4K medical displays, 4K camera systems, and 4K Advanced Visualization Systems (Microscopic Systems). Based on component, the 4K camera system is divided into endoscopic cameras, microscopic cameras, OR cameras, Camera Control Units (CCUs), medical recorders. An endoscopic camera is expected to dominate the global 4K medical camera system owing to the mounting demand for minimally invasive surgeries which provides high visibility, high precision, and control of surgeons. Furthermore, developed technologies in the healthcare sector will ease surgical treatments and will have less-invasive procedures.

“North America to hold the largest regional market share in 2020.”

North America is expected to dominate the global 4K medical imaging systems market owing to the rising awareness about the advanced technologies, growing trend of preventive diagnostic practices, and developed healthcare infrastructure in the region.

Some of the major players in the global 4K medical imaging market include STERIS, B. Braun Melsungen AG, CONMED Corporation, Sony Corporation, Stryker, Siemens Healthcare GmbH, Novanta Inc., EIZO Corporation, Ikegami Tsushinki Co., Ltd., and Medtronic.

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About VynZ Research

VynZ Research is a market research firm offering research, analytics, and consulting services on business strategies. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that include comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares and anticipated new trends & technologies arising across a wide range of industries.

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