Data Bridge Market Research brings to you this report on the Global Medical Display Market Report is a compilation with figures as recent as 2018 and forecasts up to 2025 that helps you track the unprecedented growth seen in Healthcare IT Industry giving you an edge to not just compete but to outmatch the competition. The report provides key statistics on the market status of the Medical Display Market manufacturers and is a valuable source of guidance and direction for companies and individuals.
Market Analysis
The Global Medical Display Market is expected to reach USD 2.59 Billion by 2025, from USD 1.83 Billion in 2017 growing at a CAGR of 4.4% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Medical Display Market, By Resolution (Above 8mp Resolution and others ), By Panel Size (Under-22.9-Inch, 23.0–26.9-Inch and others), By Display Color (Color and monochrome,) By Application (Diagnostic and Others), By Technology (LED-backlit and others), By End Users, By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Competitive Analysis
The global medical display market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical display market for global, Europe, North America, Asia Pacific and South America.
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Market Segmentation
The global medical display market is segmented on the basis of resolution, panel size, display color application, technology, end users, and geography.
Based on resolution, the global medical display market is segmented into
- 2MP resolution,
- 2.1-4 MP resolution,
- 4.1 – 8 MP resolution, and above 8 MP resolutions
Based on the application, the global medical display market is segmented into
- diagnostic applications,
- surgical applications,
- dentistry applications and other applications
Diagnostic application is further sub segmented into general radiology, digital pathology, multi-modality application, and general radiology.
Based on the display color, the global medical display market is segmented into
- color displays and
- monochrome displays
Based on the panel size, the global medical display market is segmented into
- 0 to 22.9 Inch displays,
- 23 to 26.9 inch
- 27 to 41.9 inch and above 42 inch
Based on the technology the medical display market is segmented into
- LED-backlit LCD display,
- CCFL-backlit LCD display and
- OLED displays
On the basis of end users, the global medical display market is segmented into
- hospitals,
- diagnostic centres,
- community healthcare
Based on distribution channel the market is segmented into
- retail and
- direct tenders
Based on geography the global medical display market report covers data points for 28 countries across multiple geographies namely
- North America & South America,
- Europe,
- Asia-Pacific and,
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others
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Top Competitors of Market
- Barco,
- Sony electronics Inc,
- LG Display Co., Ltd,
- EIZO Corporation,
- Novanta Inc,
- FSN Medical Technologies,
- Advantech Co.,
- Quest International Inc,
- Steris plc,
- Siemens Healthcare,
- BenQ Medical Technology,
- Accuray Incorporation,
- Alpinion Medical Systems co
Major Market Drivers & Restraints
- Awareness towards the health and health checkup.
- Increase in the number of adoption of hybrid operating rooms
- Flourishing of diagnostic and imaging centers
- Increased investment in research and development of technology
- Downward pricing pressure owing to its commodity nature
- Saturation in the medical display market
- Increase in the number of refurbished medical displays adoption
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