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. By Resolution, By Panel Size, By Application,
Pune, India -- (SBWIRE) -- 04/16/2018 -- Definition
This market report defines the market trends and forecast the upcoming opportunities and threats of the medical display market in the next 8 years. Medical displays are used in the medical monitoring devices such as diagnostic display, clinical, medical image consulting, endoscopy and surgical display and ultrasound display. As the population increases new diseases also discovered every year, which in turn will result in the increased disease diagnostics and requirement of medical imaging equipment. In order to increase the market value of medical display products several companies are making agreements like licensing, collaboration, merger, acquisition, and development partnership. Mindray Medical International made major contribution in the medical display market in China. MobiUS SP1 system was the first product to be cleared by the FDA in January 2011 and launched in the USA market in October 2011. MobiUS SP1 system became the first cellphone-based diagnostic device to be cleared by the FDA. In January 2017, Advantech announced to acquire 60% stake in Kostec. This resulted in the important contribution of Advantech in the field of medical display market in South Korea. Apart from South Korea, Kostec is trying to expand worldwide. Barco technology produces better pixel and lumen devices which are used for medical imaging. Advancement of new technology in the medical display helping the market for instance, Kostec to launched new KT series of medical grade, monitors specifically designed for healthcare professionals and medical applications. KT-D190 is for radiology applications. Pixelworks is based on digital natural expression technology and measures color temperature for automated calibration.
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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This Report Consists of –
- No of pages: 350, No of Figures: 60, No of Tables: 220
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
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
Frequently Asked Questions?
- What will the market size be in 2025?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2025?
- Which strategies are used by top players in the Global Medical Display Market?
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TABLE OF CONTENTS
- MARKET SEGMENTATION
- Market Overview
- EXECUTIVE SUMMARY
- premium insights
- Global Medical Display Market, by Resolution
- Global Medical Display Market, by Panel Size
- Global Medical Display Market, by Display Color
- Global Medical Display Market, by Application
- Global Medical Display Market, by Technology
- Global Medical Display Market, by End Users
- Global Medical Display Market, by Geography
- North America
- south America
- Middle East and Africa
- Global Medical Display Market, Competitive Analysis
- company profiles
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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,
- 1-4 MP resolution,
- 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
- 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,
- 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
- 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
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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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