Global Medical Display Market is set to grow at a CAGR of ~5% by 2027 - Increasing Demand for Multimodality Displays & Rapid Growth in the Adoption of Hybrid Operating Rooms

Medical displays are purpose-built solutions which offers enhancements in viewing angle, longevity, luminance, and noise reduction to ensure substantially superior accuracy and effectiveness of medical images.

Technological Innovations and Developments in Medical Display Triggers the Medical Display Market Growth

With the rapid innovations of medical technology, more and more high-end medical equipments and medical devices is being introduced in the global market. Flat-panel displays, holograms, and head-mounted displays are rapidly changing the way medical messages are being communicated. The majority of displays used for medical imaging are liquid crystal displays (LCDs) backlit with either cold-cathode fluorescent lamps (CCFLs) or light-emitting diodes (LEDs).

For instance, in January 2023, Barco announced the release of a new LED solution which completes its next-generation LED portfolio.

Increasing Adoption of Multimodality Displays Boosts the Demand of Medical Display Market

With the consistent and fast evolution of medical imaging technologies, hospitals are now handling a much larger volume and higher range of image data. Accordingly, medical facilities are faced with adopting various of display systems for image interpretation. Multimodality imaging allows multiple images of diverse medical modalities (both color and grayscale) to be displayed on a single screen, enabling side-by-side comparisons and image fusions. Most medical displays are now designed to support multimodality imaging to improve diagnostic convenience and streamline system infrastructure.

Potential of Medical Display in Diagnostics Applications Drives the Growth of the Medical Display Market

A large range of medical images is used in diagnostics, such as mammography, computed radiography (CR), etc. Unclear images make diagnosis tough and time-consuming. For an accurate diagnosis, fine shadow and slight grayscale changes require to be accurately reproduced onscreen. Medical displays help to improve and deliver the performance for various types of images which diagnostic professionals need, especially large-format color displays with 6MP and 8MP resolution. Hence, the demand for diagnostic applications is estimated to increase the demand for high-definition medical display monitors in the upcoming years.

Efficient High-Resolution Imaging Opens Up New Growth Opportunities in the Medical Display Market

High-resolution imaging and detection technologies enable more precise timely diagnosis, reduces invasive and unnecessary procedures and support preventive care. Medical displays feature essential medical imaging technologies which ensures effective performance according to the DICOM 3.14 GSDF standard for enhanced image interpretation and diagnostic accuracy.

North America is Projected to Hold a Larger Market Share in the Medical Display Market

From a geographical overview, North America is set to hold a larger market share in the medical display market. This can be mainly attributed to an increasing adoption of digital solutions in the operating room infrastructure, resumption of mammography after covid-19 pandemic and the adoption of more high-end medical display products in this region.

Competitive Landscape Analysis: Medical Display Market

Some of the leading and established players operating in the worldwide medical display market are FSN Medical, Sony, EIZO, Barco, STERIS, and Advantech, among others.

Aggressive Growth Strategies Followed by the Market Players to Establish Their Strong Foothold in the Global Medical Display Market

All leading players operating in the global medical display market are adopting both organic and inorganic growth strategies such as collaborations, acquisitions, advancements and new product launches to gain a higher market share.

For instance,
 In March 2023, EIZO Corporation announced that their RadiForce medical monitors and the latest version of RadiCS medical monitor quality control software comply with the new international standard IEC 62563-2 set forth by the International Electrotechnical Commission (IEC).
 In February 2023, Barco announced they have received EU Medical Device Regulation (MDR) certificate and CE mark for their medical display portfolio.

Get Detailed Insights on Medical Display Market with a Sample Report Copy @ https://meditechinsights.com/global-medical-display-market/

Ruta Halde
Associate, Medi-Tech Insights
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1050 Brussels, Belgium
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info@meditechinsights.com
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Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services.

This release was published on openPR.