Global Medical Display Market Size, Drivers, Trends, Opportunities And Strategies – Includes Medical Display Market Report
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
During the projected period, the increased number of diagnostic centres is expected to stimulate innovation in medical display production, hence driving the market.
The global medical display market is expected to grow from $2.32 billion in 2022 to $2.47 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The global medical display market size is expected to reach $3.16 billion in 2027 at a CAGR of 6.3%.
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Global Medical Display Market Segments Include:
- By Display Color: Monochrome Displays, Color Displays
- By Technology: Light Emitting Diode (LED), Backlit Liquid Crystal Display, Organic Light Emitting Diode (OLED) Display, Cold Cathode Fluorescent Light (CCFL)
- By Device: Desktop, Mobile, All In One
- By Application: Digital Pathology, Multi-Modality, Surgical, Radiology, Mammography, Other Applications
- By End User: Hospitals, Diagnostic Centres, Community Healthcare
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global medical display market in 2021.
Major Market Players in the medical display market include Siemens, Sony Corporation, EIZO Corporation, Steris Corporation, Advantech Co Ltd., LG Electronics, Quest International, HP Development Company L P, Barco, BenQ Medical Technology.
Product innovation is a crucial trend that is gaining traction in the medical display industry. Major players in the medical display market are focusing on developing innovative solutions to maintain their market position. LG Business Solutions USA, a US-based company that specialises in commercial displays, enterprise mobility solutions, and solar modules for a variety of business kinds, has introduced the 31-inch, 12-megapixel 31HN713D medical-grade diagnostic monitor. It has an auto-luminance sensor that adjusts screen brightness based on ambient lighting conditions, as well as a built-in presence sensor that turns off the display when not in use. It is utilised for a variety of diagnostic studies, including 3D mammography, and is optimised for mammography display problems, providing a comprehensive imaging line for remote and in-person examinations.
The Medical Display Global Market Report 2023 provides a medical display market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The medical display market forecast analyzes medical display market size, medical display market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
A medical display is a device with a screen that displays an electronic image made up of pixels in the healthcare context, such as pulse, blood pressure, and other medical features.
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