Medical Display Market Growth, Industry Outlook, Revenue, Size, Trends and Forecast 2022-2027 | Analog Devices Inc., Cirrus Logic Inc., Dialog Semiconductor PLC

According to the latest report by IMARC Group, "Global Medical Display Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027", the global medical display market reached a value of US$ 2.35 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.4 Billion by 2027, exhibiting a CAGR of 6.10% during 2022-2027.

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A medical display represents an output device that is used in medical-grade monitors, including mammography, picture archiving and communication systems (PACS), tomosynthesis, etc., to address various medical imaging needs, such as endoscopy, x-ray, ultrasound, or sectional. In addition to this, it usually comes with advanced image-enhancing technologies to ensure noise-free images, consistent brightness over the lifetime of the display, automated compliance with medical standards, ergonomic reading, etc. Consequently, medical display is extensively utilized in hospitals, community healthcare, diagnostic centers, etc.

Market Trends and Drivers:

The inflating need for advanced diagnostic modalities is primarily driving the medical display market. Besides this, the expanding geriatric population who are more susceptible to chronic diseases, such as cancer, diabetes, arthritis, etc., is catalyzing the market growth. Moreover, the responsive touch feature in medical displays, when combined with antimicrobial touch glass, prevents the possibility of cross-contamination between patients and healthcare professionals, which is acting as another significant growth-inducing factor.

Apart from this, the rising adoption of personalized treatment options and point of care (POC) testing is also positively influencing the global market. Furthermore, several leading manufacturers are introducing 4K ultra high definition (HD) product variants with a wide range of interfaces and picture formats for surgical and general clinical applications. This, in turn, is anticipated to fuel the medical display market over the forecasted period.

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Medical Display Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global medical display market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Advantech Co. Ltd.
• Axiomtek Co. Ltd.
• Barco NV
• BenQ Medical Technology
• Dell Technologies Inc.
• EIZO Corporation
• LG Electronics Inc.
• Novanta Inc.
• Siemens AG
• Sony Corporation
• Steris Corporation.

Key Market Segmentation:

The report has segmented the global medical display market based on device, panel size, resolution, technology, application, end user and region.

Breakup by Device:
• Mobile
• Desktop
• All-in-one

Breakup by Panel Size:
• Up to-22.9-inch
• 23.0-26.9-inch
• 27.0-41.9-inch
• Above-42-inch

Breakup by Resolution:
• Up to 2MP
• 2.1 to 4MP
• 4.1 to 8MP
• Above 8MP

Breakup by Technology:
• Light Emitting Diode (LED)
• Backlit Liquid Crystal Display
• Organic Light Emitting Diode (OLED) Display
• Cold Cathode Fluorescent Light (CCFL)
• Others

Breakup by Application:
• Digital Pathology
• Multi-modality
• Surgical
• Radiology
• Mammography
• Others

Breakup by End User:
• Hospitals
• Diagnostic Centres
• Community Healthcare

Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

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Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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