Growth in Diagnostic Centers Drives Demand for Medical Displays Emerges as a Core Driver of the Medical Display Market in 2025

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What Is the Expected CAGR for the Medical Display Market Through 2025?
In recent times, there has been a consistent growth in the medical display market. The market size, which was $2.58 billion in 2024, is projected to expand to $2.69 billion in 2025, reflecting a compound annual growth rate (CAGR) of 4.5%. The historic growth can be traced back to the escalating demand for diagnostic imaging, improvements in healare facilities, the growing occurrence of chronic conditions, adherence to regulatory standards and practices, and the surge in telemedicine.

What's the Projected Size of the Global Medical Display Market by 2029?
Forecasts anticipate a robust expansion for the medical display market in the coming years, swelling to a size of $3.7 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 8.3%. Several contributors to growth during the forecast period include the broadening of healare services, connection with health information systems, emphasis on preventive healare, the surge in demand for 3D imaging, and the rapid emergence of ambulatory care centers. Notable market trends throughout this period will be the emergence of hybrid displays, greater incorporation of AI, a transition towards portable and mobile displays, improved color calibration technologies and the implementation of cybersecurity precautions.

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Top Growth Drivers in the Medical Display Industry: What's Accelerating the Market?
The medical display market is foreseen to thrive with the increasing number of diagnostic centers. Diagnostic centers, which are scientific clinical labs that perform tests on various bodily substances like blood, urine, cholesterol, and triglycerides, to detect and diagnose diseases, need medical displays. These displays are critical for showcasing vital patient indicators like pulse rate, body temperature, and blood pressure on a screen, as well as interpreting and exhibiting the test results of the patients. This increasing count of diagnostic centers is therefore fuelling the expansion of the medical display market. For example, as per the GOV.UK website - a government-based UK website, it is projected that by 2025, up to 160 community diagnostic centers will be established in England, with 73 already in operation as of April 2022. This project is backed by record levels of funding for health and social care. Hence, the burgeoning number of diagnostic centers is propelling the medical display market.

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What Trends Will Shape the Medical Display Market Through 2029 and Beyond?
One major trend that is emerging in the medical display market is the initiation of product innovations. Numerous leading companies involved in this market are focusing their efforts on creating innovative solutions to maintain their market presence. One such company is LG Business Solutions USA, a US firm that is recognised for its specialisation in commercial displays, solar modules, and enterprise mobility solutions for diverse business sectors. This company introduced its medical-grade diagnostic monitors, the 12-megapixel, 31-inch 31HN713D. Specifically designed with a unique auto-luminance sensor that modifies screen brightness to match ambient lighting conditions and an integrated presence sensor that switches off the display when not utilised, this device caters to several modes of diagnostic study. This includes 3D mammography, and is particularly devised for mammography display challenges, providing a broad imaging array for both remote and in-hospital radiologists.

What Are the Main Segments in the Medical Display Market?
The medical displaymarket covered in this report is segmented -

1) By Display Color: Monochrome Displays, Color Displays
2) By Technology: Light Emitting Diode (LED), Backlit Liquid Crystal Display, Organic Light Emitting Diode (OLED) Display, Cold Cathode Fluorescent Light (CCFL)
3) By Device: Desktop, Mobile, All In One
4) By Application: Digital Pathology, Multi-Modality, Surgical, Radiology, Mammography, Other Applications
5) By End User: Hospitals, Diagnostic Centers, Community Healare

Subsegments:
1) By Monochrome Displays: Grayscale Displays, Black And White Displays
2) By Color Displays: Full-Color Displays, High-Definition Color Displays

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Which Top Companies are Driving Growth in the Medical Display Market?
Major companies operating in the medical display market include Siemens AG, Sony Corporation, EIZO Corporation, Steris Corporation, Advantech Co Ltd., LG Electronics, Barco, BenQ Medical Technology, Novanta Inc., Double Black Imaging Corporation, Coje Co Ltd., FSN Medical Technologies, Jusha Medical, Stryker Corporation, Ampronix LLC, Carl Zeiss Meditec AG, Conmed Corporation, Hologic Inc., Image Diagnostics Inc., JVC Kenwood Corporation, Mediso Medical Imaging Systems, NDS Surgical Imaging LLC, NEC Display Solutions, Planar Systems Inc., Shimadzu Corporation, Ziehm Imaging GmbH, Zonare Medical Systems Inc.

Which Regions Will Dominate the Medical Display Market Through 2029?
North America was the largest region in the medical display market in 2024. The regions covered in the medical display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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