According to a new market research report “Medical Display Market by Technology (LED, OLED) Panel Size (≤22.9“, 27.0-41.9“, ≥42“) Resolution (≤2MP, 4.1-8MP, ≥8MP), Application (Radiology, Mammography, Digital Pathology, Multi-modality, Surgical), & Display color – Global Forecast to 2023“, published by MarketsandMarkets™, the market is expected to reach USD 2.33 Billion by 2023 from an estimated USD 1.86 Billion in 2018, at a CAGR of 4.6%. The growing adoption of hybrid ORs, short replacement cycle of medical displays, increasing preference for minimally invasive treatments, and the rising number of diagnostic imaging centers are the major factors driving the growth of the market.
Browse 140 market data Tables and 38 Figures spread through 199 Pages and in-depth TOC on “Medical Display Market“
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The diagnostic application segment held the largest market share of medical display market in 2017.
Based on application, the medical display market is segmented into diagnostic, surgical/ interventional, dentistry and other applications. The diagnostic application segment accounted for the largest share of medical display market in 2017. Factors such as the rapidly increasing prevalence of diseases such as cancer and the increasing number of patients being screened using imaging systems.
North America dominated the market in 2017.
North America accounted for the largest share of the medical display market in 2017, followed by Europe. North America’s large share in the global market is primarily driven by the high penetration of advanced technologies such as hybrid operating room technologies, increasing volume of medical screening due to rising incidence/prevalence of various diseases, and replacement of older technologies with advanced display technologies such as OLED.
Prominent players in the healthcare medical display market include Barco (Belgium), EIZO (Japan), Sony (Japan), LG Display (South Korea), Novanta (US), FSN Medical (South Korea), Advantech (Taiwan), Quest International (US), STERIS (UK), Jusha Medical (China), Double Black Imaging (US), Dell (US), HP (US), Shenzhen Beacon Display (China), COJE Display (South Korea), and Axiomtek (Taiwan).
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