Growing adoption of hybrid ORs, short replacement cycle of
medical displays, increasing preference for minimally invasive treatments, and
rising number of Diagnostic Imaging centers are the major factors
driving the growth of medical display market. However, market saturation and
the increased adoption of refurbished medical displays are expected to restrain
the growth of this market to a certain extent.
Medical Display Market: Impact Analysis
1. Medical Display Industry, By Application & Region
2. Medical Display Industry, Developing Countries vs Developed Countries
3. Growing Adoption of Hybrid Operating Rooms
4. Short Replacement Cycles of Medical Displays
5. Development of Healthcare Infrastructure in Emerging Markets
The medical display market was valued at USD 1.78 Billion in 2017 and
is expected to reach USD 2.33 Billion by 2023, at a CAGR of 4.6%.
Key Questions Addressed in The Report:
1. Who are the top 10
players operating in the global Medical Display market?
2. What are the drivers, restraints, opportunities, and challenges in the
Medical Display Industry?
3. What are the opportunities for stakeholders and provide details of the
competitive landscape for key players?
4. What will be growth of Medical Display in North America, Europe, Asia
Pacific, Latin America, and the Middle East and Africa?
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Medical Display Technology:
On the basis of technology, the LED-backlit LCD display segment accounted
for the largest share of the global market in 2017. Long lifespan, better
return on investment compared to CCFL, high-quality medical images, and the
power efficiency offered by LED-backlit LCD are the major factors driving its
adoption in the market.
Medical Display Color:
The color displays segment accounted for the largest share of the medical
display market in 2017. Features such as high-quality images and multi-modality
capability are driving the adoption of the color displays segment.
Applications of Medical Display:
The global market by application is segmented into diagnostic,
surgical/interventional, dentistry, and other applications (clinical review,
education, and conference and training). In 2017, the diagnostic application
accounted for the largest share of the market.
North America and Europe to Dominate The Industry:
Geographically, the global market is segmented into North America, Europe,
Asia Pacific, Latin America, and the Middle East & Africa. In 2017, North
America accounted for the largest share of the medical display market, followed
by Europe. North America’s large share in the global market is attributed to
factors such as high adoption of advanced technologies such as OLED and hybrid
operating rooms, increasing healthcare expenditure, favorable reimbursement
policies, and increasing volume of diagnostic tests and surgeries.
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Key Players:
Prominent players in the healthcare market are 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).
