Medical Display Market Share, Growth, Size, Opportunities, Trends, Regional Overview and Leading Company Analysis

Data Bridge Market Research analyzes that the medical display market is expected to reach the value of USD 1,113.11 million by 2029, at a CAGR of 6.2% during the forecast period. This market report also covers pricing analysis, patent analysis, and technological advancements in depth.

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Market Development

In June 2022, EIZO Corporation launched RadiForce MX243W - a 24.1-inch 2.3 megapixel (1920 x 1200 pixels) monitor. The 24.1-inch 2.3 megapixels (1920 x 1200 pixels) monitor has been designed for careful monitoring and diagnosis of the complete physiology of patient systems in clinics and hospitals. The launch resulted in the addition of a new medical device to the portfolio and offered exceptional market purity
In May 2021, Barco launched the Nio Fusion 12MP medical display. The product launch resulted in an enhanced product portfolio and a rise in sales and medical display product line expansion across North America and Europe
In May 2020, Sony Corporation expanded its product line by introducing NUCLeUS. NUCLeUS includes wireless video streaming that allows clinical staff to access images with a smartphone from any modality. The launch is expected to increase the product range across North America and Europe, rise in customers, and sales
In September 2020, FSN Medical Technologies partnered with RGB Spectrum to provide medical display video solutions to the medical market. The partnership resulted in the expansion of the product and business portfolio
Market Overview:

A medical display is a monitor that meets the high demands of medical imaging. It usually comes with special image-enhancing technologies to ensure consistent brightness over the lifetime of the display, noise-free images, ergonomic reading and automated compliance with digital imaging and communications in medicine (DICOM) and other medical standards.

The development of medical imaging technologies has progressed healthcare, providing powerful diagnostic tools, supporting the non-invasive assessment of injuries and internal issues, and enabling diseases to be detected far earlier than ever before. Medical displays are preferred over consumer displays when used for medical imaging. The reason is simple: medical displays meet set requirements for image quality, medical regulations, and quality assurance.

The future of medical display devices are based on the developments in artificial intelligence (AI) and data analytics. Medical devices are advancing disease management by allowing clinicians to personalize medicine like never before. These technologies provide revelatory insights into individual patients in real-time.

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Segment Analysis:

Global medical display market is categorized into thirteen notable segments which are based on technology, panel size, viewing mode, megapixel, resolution, display type, imaging technology, display color, aspect ratio, component, application, end user and distribution channel

On the basis of technology, the global medical display market is segmented into into led-backlit lcd display, ccfl-backlit lcd display, tft lcd display and oled display In 2022, the led-backlit lcd display segment is expected to dominate the global medical display market with a market share of 19.25% due to longer life and better energy efficiency than plasma and CCFL LCD TVs.

On the basis of panel size, the global medical display market is segmented into less than 22.9, 23.0- 32.0, 32.1-42.0 and more than 42. In 2022, the less than 22.9 segment is expected to dominate the global medical display market with a market share of 57.58% due to less vertical space.

On the basis of viewing mode, the global medical display market is segmented into 2D and 3D In 2022, the 2d segment is expected to dominate the global medical display market with a market share of 44.68%. It is expected to reach USD 5,638.24 million by 2029, growing with the highest CAGR of 7.1%, in the forecast period of 2022 to 2029.

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Key Market Competitors Covered in the report

Advantech Co., Ltd
Quest International Inc
Steris plc
Siemens Healthcare Private Limited
BenQ Medical Technology
AccurayIncorporated
Alpinion Medical Systems Co., Ltd
Nanjing Jusha Commercial &Trading Co,Ltd
COJE CO.,LTD
Axiomtek Co Ltd
Dell
HP Development Company
L.P., Analogic Corporation
ASAHI ROENTGEN. CO.,LTD
Mediso Ltd
Shenzhen Mindray Bio-Medical Electronics Co Ltd,
Mobisante

Explore DBMR Comprehensive Coverage on Healthcare Domain:

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