Middle East and Africa Medical Display Market Size, Share, Demand, Future Growth, Challenges and Competitive Outlook Report

Data Bridge Market Research analyzes that the medical display market is expected to reach the value of USD 41.15 million by 2029, at a CAGR of 4.1% during the forecast period. Technology accounts for the largest type segment in the market due to rapid demand of advanced medical display and imaging services globally. This market report also covers pricing analysis, patent analysis, and technological advancements in depth.

The main reasons for the growth of the medical display market is the rising demand for minimally invasive treatments (MIT) due to multiple benefits such as less post-operative pain, fewer operative, and major post-operative complications, shortened hospital stay, faster recovery times, less scarring, less stress on the immune system, smaller incision, and for some procedures it reduced operating time and reduced costs as well.

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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.

Restraint/Challenges

High costs of medical display devices
The high cost of display devices and the high implementation is the major factor restraining market growth, specifically in countries where the reimbursement scenario is poor. Most healthcare facilities in developing countries, such as hospitals and diagnostic centers, cannot afford these devices due to the high installation and maintenance costs and due to the high cost of these medical equipment's and low financial resources, healthcare facilities in emerging countries are reluctant to invest in new technologically advanced systems. These factors can hamper the digitalization in healthcare facilities and impact the adoption of advanced technologies for diagnosis and analysis.

The advancement in technology leading to the development of advanced and innovative display devices escalates the cost of the devices. Thus, the high cost of display devices is expected to restrain the market's growth.

Recent Developments

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 complete physiology of patient system 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 expansion of medical display product line across North America and Europe
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
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