0
2020
Medical Display Market

Medical Display Market by Device (Mobile, Desktop, and All-in-one), Panel Size (Up to 22.9, 23.0 to 26.9, 27.0 to 41.9, and Above 42), Resolution (Up to 2MP, 2.1 to 4MP, 4.1 to 8MP, and Above 8MP), and Application (Digital Pathology, Multi-modality, Surgical, Radiology, Mammography, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027
Update Available On-Demand

A05704
Pages: 268
Dec 2020 | 8138 Views
Author(s) : Kishor Sherkar, Sumitra Choudhary , Onkar Sumant
Tables: 142
Charts: 47
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Medical Display Market

Request Now !

The global medical display market was valued at $2,052.77 million in 2019, and is projected to reach $3,194.72 million by 2027, registering a CAGR of 4.90% from 2020 to 2027. 

COVID Banner Statement: COVID-19 outbreak had varied impact on medical display market. For instance, the increase in the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) induced respiratory failure leading to COVID-19 disease, has increased the hospitalization and thereby supporting the worldwide market growth.

A medical display is a monitor that meets the high demands of medical imaging. Medical displays usually come with special image-enhancing technologies to ensure consistent brightness over the lifetime of the display, noise-free images, ergonomic reading and automated compliance with digital imaging and communications in medicine (DICOM) and other medical standard.

Medical-Display-Market-2020-2027

Get more information on this report : Request Sample Pages

Some of the factors characterizing the market growth are growth in adoption of hybrid operating rooms, short replacement cycles of medical displays, and increase in preference for minimally invasive treatments. Hybrid operating rooms are used for endovascular and vascular surgeries, spinal, and neurological surgeries, orthopedic trauma procedures, and cardiac surgeries. This feature enables advanced surgical procedures in hospitals; thereby, increasing the demand for medical displays.

In contrast, increase in adoption of refurbished medical displays and market saturation in developed countries are the factors anticipated to restrain the market growth during the forecast period.

COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The virus that causes COVID-19 is from the family of viruses called Coronaviridae. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from humans to humans. Thus, COVID-19 was declared a pandemic by the World Health Organization (WHO) on March 11, 2020. The novel coronavirus suddenly spread across the globe. Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. For instance, the increase in the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) induced respiratory failure leading to COVID-19 disease, has increased the hospitalization and thereby supported the market growth globally. On the other hand, the impose of new government rules and lockdown across the world has disrupted supply chain of medical devices including medical displays. Thus, resulted in decrease of manufacturing and operations of medical displays. Further, after mid-2020, there were various COVID-19 awareness initiatives organized and promoted by few market players to help COVID-19 patients, which has increased the adoption of monitors/displays in the hospitals.

Depending on device, the market is segmented into desktop, mobile, and all-in-one. The desktop segment spearheaded the market in 2019 and is expected to continue its dominance during the forecast period as desktop medical displays are considered to be more suitable for visualization of some critical procedures such as surgeries, diagnostics, and medical imaging. The all-in-one segment will follow the desktop segment in terms of value during the study period owing to its increasing applications in medical software imaging and electronic medical records (EMR).

Depending on panel size, the global medical display market is segmented into up to 22.9-inch panels, 23.0-26.9-inch panels, 27.0–41.9-inch panel, and above 42-inch panels. The 27.0–41.9-inch panel segment is expected to lead the market as these are commonly used in radiology, computerized tomography (CT), magnetic resonance imaging (MRI), and ultrasound.

Depending on resolution, the global medical display market is bifurcated into up to 2MP (megapixel) resolution displays, 2.1–4MP resolution displays, 4.1–8MP resolution displays, and above 8MP resolution displays. Being the decent configuration, which is suitable for surgical and diagnostic applications, the 2.1–4MP resolution displays segment has witnessed supremacy in 2019.

Depending on application, the global medical display market is classified into the digital pathology, multi-modality, surgical, radiology, mammography, and others. The multi-modality application segment is anticipated to hold the second position throughout the assessment period in terms of value as multiple modalities enable flexibility for healthcare facilities to use medical displays for different departments according to their needs.

Region wise, the medical display market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific held the largest share of the global medical display market in 2019, and is expected to register the fastest CAGR during the study period. This is due to increased demand for advanced surgical display devices in the emerging countries such as India and China, rise in awareness about medical technologies, boom in medical tourism, and surge in healthcare spending in the region. According to export.gov, health expenditure as a percentage of gross domestic product (GDP) is expected to increase to between 6.5% and 7% by 2020.

Medical Display Market
By Device

Your browser does not support the canvas element.

The desktop segment is expected to spearhead the market throughout the forecast period.

Get more information on this report : Request Sample Pages

Get more information on this report : Request Sample Pages

Advancement in technologies such as adoption of organic light-emitting diode (OLED) in medical treatments amongst various hospitals and the presence of major market players such as Novanta Inc., Quest International, Double Black Imaging, and Dell Inc. drive the growth of the market in North America.

The medical display market is highly competitive in nature, as major players in this space are focusing on growth strategies, namely, product launches, mergers and acquisitions (M&As), product developments, partnerships, and distributor agreements to strengthen their foothold in the competitive market. The key players operating in the global medical display market include ASUSTeK Computer Inc.; Axiomtek Co., Ltd.; Barco; BenQ Medical Technology; COJE Co.,Ltd.; Dell Inc.; Double Black Imaging; FSN Medical Technologies; Sony Corporation; DIVA Laboratories. Ltd.; EIZO Corporation; and Novanta Inc. (NDS Surgical Imaging).

Medical Display Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific held the largest share of the global medical display market in 2019, and is expected to register the fastest CAGR during the study period.

Get more information on this report : Request Sample Pages

Get more information on this report : Request Sample Pages

Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the global medical display market size along with the current trends and future estimations to elucidate the imminent investment pockets.
  • It offers market analysis from 2020 to 2027, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
  • A comprehensive analysis on region assists to understand the regional market and facilitate the strategic business planning and determine prevailing opportunities. 
  • The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global medical display market growth.

Key Market Segments & Key Market Players

Segments Sub-segments
BY DEVICE
  • Mobile
  • Desktop
  • All-in-one

BY PANEL SIZE
  • Up to-22.9-inch panels
  • 23.0–26.9-inch panels
  • 27.0–41.9-inch panels
  • Above-42-inch panels

BY RESOLUTION
  • Up to 2MP
  • 2.1 to 4MP
  • 4.1 to 8MP
  • Above 8MP

BY APPLICATION
  • Digital pathology
  • Multi-modality
  • Surgical
  • Radiology
  • Mammography
  • Others

BY REGION
  • North America
    • U.S
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

Key Market Players
  • ASUSTEK COMPUTER INC
  • AXIOMTEK CO., LTD
  • BARCO NV
  • BENQ MEDICAL TECHNOLOGY
  • COJE CO., LTD
  • DELL TECHNOLOGIES INC
  • DIVA LABORATORIES. LTD
  • DOUBLE BLACK IMAGING CORPORATION
  • EIZO CORPORATION
  • FSN MEDICAL TECHNOLOGIES
  • NOVANTA INC. (NDS SURGICAL IMAGING)
  • SONY CORPORATION
 

Loading Table Of Content...


 
 

The medical display market is expected to witness considerable growth in the near future. The adoption of medical displays in hybrid operating rooms in hospitals and specialty clinics due to the need for early diagnosis and use of medical imaging in various surgeries in the developed nations is supporting the market growth. Moreover, the medical display market has gained immense interest of the healthcare industry due to its major role in diagnosis of endovascular and vascular surgeries, spinal & neurological surgeries, orthopedic trauma procedures, and cardiac surgeries. 

Shorter replacement cycles of medical displays and increase in preference for minimally invasive treatments are also driving the market growth. In contrast, a surge in adoption of refurbished medical displays and market saturation in developed countries is anticipated to impede the market growth during the forecast period. As per the analysis in the report, the market in Asia-Pacific is projected to register the highest growth rate owing to increasing healthcare expenditure and rise in geriatric population in China and India.
 

Flash Sale
PURCHASE OPTIONS

Start reading instantly ,This Report and over 13000+ more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. Medical display is a monitor that features a special image-enhancing technology to ensure consistent brightness over the lifespan of the display, noise-free images, ergonomic reading and automated compliance with Digital Imaging and Communications in Medicine (DICOM) and other medical standard, and hence is used for medical imaging.

A. Medical displays are used for medical imaging in clinical consultation rooms, operating rooms, and at reception desks.

A. The total value of medical display market was $2,052.77 million in 2019.

A. The forecast period in the report is from 2020-2027.

A. The market value of opthalmic devices market in 2027 was $3,194.72 million.

A. The base year calculated in the report is 2019.

A. Growth in adoption of hoybrid operating rooms and increase in preference for minimally invasive treatments will drive the market according to the KOLs.

A. The market has drawn the interest of the healthcare industry, owing to rising prevalence of chronic diseases along with hospitalizaion

A. By device, the desktop segment holds the maximum market share.

A. Asia-Pacific held the largest share of the global medical display market in 2019, and is expected to register the fastest CAGR of 5.70% during the study period. This is due to increased demand for advanced surgical display devices in the emerging countries such as India and China, rise in awareness about medical technologies, boom in medical tourism, and surge in healthcare spending in the region.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Free Sample

OR

Purchase Full Report of
Medical Display Market

Start reading instantly.
This Report and over 13,000+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,570  $3,213
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,730  $4,871
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,483
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,600  $7,680
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers