Medical Display Market Size, Share, Growth, Sales Revenue, and Research Report on the Major Drivers by 2032

Global Medical Display Market Forecast to 2032

The most recent market research report from Emergen Research, titled Global Medical Display Market, provides an estimated market size and share as well as current industry trends, global market growth rates, significant drivers and opportunities, difficulties, product segmentation, and key market competitors. Pricing range, size of the market, degree of competition, product offerings and details, and business histories

The global medical display market size is expected to reach USD 2.20 Billion in 2032 and register a steady revenue CAGR of 4.7% during the forecast period, according to the latest analysis by Emergen Research. Increasing usage of medical displays in various applications, such as multi-modality, radiology, mammography, and others, is a key factor driving market revenue growth. Medical-grade monitors utilize advanced viewing technologies to ensure that the image is practically the same from any angle, which is especially important during surgeries. Medical-grade monitors have higher resolution and can display images in portrait or landscape orientation as needed. Most diagnostic imaging applications, such as Computed Radiology (CR), Computed Tomography (CT), Digital Radiology (DR), and Magnetic Resonance Imaging (MRI), scan images with a resolution of 3 Megapixels or higher. Important data would be lost without a suitable high-resolution monitor to display these images.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Key Companies Profiled in the Report:

ASUSTeK Computer Inc., Axiomtek Co., Ltd, Barco, BenQ Medical Technology, COJE CO.LTD, Dell Inc., DIVA Laboratories. Ltd., EIZO Corporation, FSN Medical Technologies, and Sony Corporation

Market Dynamics:

The report offers insightful information about the market dynamics of the Medical Display market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Medical Display market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Medical Display market.

Radical Highlights of the Medical Display Market Report:

Comprehensive overview of the Medical Display market along with analysis of the changing dynamics of the market

Growth Assessment of various market segments throughout the forecast period

Regional and global analysis of the market players, including their market share and global position

Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market

Impact of the technological developments and R&D advancements on the Medical Display market

Information about profit-making strategies and developmental strategies of major companies and manufacturers

Insightful information for the new entrants willing to enter the market

Details and insights about business expansion strategies, product launches, and other collaborations

The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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Some Key Highlights From the Report

The desktop segment accounted for largest revenue share in the global medical display market in 2022. This is because medical displays are widely used in desktop computers, notably in radiology departments and other medical fields that require high-precision imaging. A medical display is a monitor that is built to meet the standards of medical imaging. These are often outfitted with image-enhancing technology that ensures consistent brightness over the life of display, noise-free images, ergonomic reading, and automated compliance with Digital Imaging and Communications in Medicine (DICOM) and other medical standards.

The 27.0–41.9-inch panels segment is expected to register significantly fast revenue growth rate in the global medical display market over the forecast period. This is because 27.0-41.9-inch panels provide several advantages over smaller displays, especially in applications requiring a broad viewing area or excellent visual resolution. Larger displays often have better resolutions than smaller displays, allowing images and text to be presented with greater clarity and detail. These displays also assist to reduce eye strain and fatigue by allowing users to view content at a comfortable distance, which is especially useful for applications that require prolonged use, hence driving revenue growth of this segment.

The digital pathology segment is expected to account for considerably large revenue share in the global medical display market during the forecast period. Digital pathology involves collection, management, exchange, and analysis of pathology information, including slides and data, in a digital environment. Digital pathology is a method of analyzing high-resolution digitally scanned histology images using computer tools and algorithms. The Food and Drug Administration (FDA) currently recommends that digital pathology vendors include a specific display model within their Whole-Slide Imaging (WSI) system's device submissions, which highlights the importance of digital displays (monitors) in clinical practice of pathology. As a result, all of these factors are expected to drive market revenue growth during the forecast period.

The Asia Pacific market accounted for largest revenue share in the global medical display market in 2022. This is attributed to increasing adoption of hybrid operating rooms in countries such as India, China, and Japan. Hybrid Operating Room (OR) comprises of a surgical workspace that incorporates imaging technologies as well as a versatile surgical table. These ORs enable surgeons to perform diagnostic and therapeutic procedures in the same room, eliminating hazards associated with patient transport and delay.

On 5 January 2021, Barco, the global pioneer in visualisation technology, introduced a new 12MP diagnostic display system for both PACS and breast imaging. The Nio Fusion 12MP display is a timely response to shifting diagnostic imaging expectations and requirements.

Medical Display Market Segmentation:

Market Overview:

The report bifurcates the Medical Display market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

Devices Outlook (Revenue, USD Billion; 2019–2032)

Mobile

Desktop

All in one

Panel Size Outlook (Revenue, USD Billion; 2019–2032)

Up to-22.9-inch panels

0–26.9-inch panels

0–41.9-inch panels

Above-42-inch panels

Resolution Outlook (Revenue, USD Billion; 2019–2032)

Up to 2MP

1 to 4MP

1 to 8MP

Above 8MP

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

In conclusion, the Medical Display Market report is an exhaustive database that will help readers formulate lucrative strategies. The Medical Display Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

How will this Report Benefit you?

A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Medical Display market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Medical Display with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.

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