Global Medical Display
Market Report
2025
The Global Medical Display market was valued at USD 2.25 Billion in 2022 and is projected to reach USD 3.65 Billion by 2030, registering a CAGR of 5.4% for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Global Medical Display market was valued at USD 2.25 Billion in 2022 and is projected to reach USD 3.65 Billion by 2030, registering a CAGR of 5.4% for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Medical Display Market Sales Revenue 2022 | $ 2.25 Billion |
Global Medical Display Market Sales Revenue 2030 | $ 3.65 Billion |
Global Medical Display Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.4% |
Market Split by Type |
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Market Split by Application |
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Market Split by Technology |
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Market Split by Resolution |
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Market Split by Panel Size |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Medical Display Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A medical display is a monitor that helps to get high demands of medical imaging. It is designed with special image-enhancing technologies, consistent brightness over the lifetime of the display, ergonomic reading, noise-free images, and automated compliance with Digital Imaging and Communication in Medicine (DICOM) and other medical standards. Touchscreen medical display is one major technological advancement in the healthcare industry. Easy to use, clear optics, lightweight design, and low tooling requirements are the functions that propel the market. The medical display is used in medical imaging like CT scans, X-rays, MRI scans, and ultrasounds. In medical training students and medical professionals learn about medical procedures, pictures, 3D medical models, and educational content. For patient digital health records (EHRS) to keep patient health records, histories, test results, and prescription information medical displays are used. Medical displays become a fundamental part of modern medicine. Telemedicine in which real-time communication between patients and healthcare professionals occurs by using medical display. The rising popularity of minimally invasive surgeries, providing modern diagnostic tools, and the development of medical imaging technologies are major factors for boosting the market.
An increase in Hospital-acquired infections due to improper disinfection of ultrasound probes is expected to surge the growth of the ultrasound probe disinfection market. According to the CDC, up to 1.7 million hospitalized patients in the United States each year contract healthcare-associated infections when treated for other health issues, and over 98,000 of these patients die from these infections. An ultrasound probe is not effectively disinfected between patients, it can transmit microorganisms from one patient to another. This can result in the spread of infectious agents, leading to an increase in HAIs. Inadequate disinfection practices can contribute to the emergence and spread of drug-resistant microorganisms. These pathogens are particularly problematic as they are more difficult to treat and control. The presence of such resistant strains in healthcare facilities further raises the risk of Hospital acquired infection. This will lead to an increase in the demand for Ultrasound Probe Disinfection.
Minimally invasive surgery depending on the patient and their medical condition which is to be treated is becoming an excellent alternative to traditional surgery that involves large incisions. This technologically advanced option is developed which includes robotic-assisted techniques. With the help of devices that transmits images from within the body to a video monitor, allowing the surgeon to see the operative area on the display. It offers broad visualization of the operative field. Image-guided minimally invasive methods provide a more efficient and less traumatic treatment to the patient. They are adopted by various clinical specialties including neurosurgery, cardiovascular therapy, cholecystectomy for abdominal surgery, (ENT) ear, nose, and throat surgery. These all factors fuelling the growth of the medical display market.
More than half of all people on Earth live in Asia. The region's expanding population is driving up demand for healthcare services. Various governments in Asian nations are making considerable investments in the upgrading of healthcare infrastructure in their own healthcare systems to meet the growing demand for better healthcare services. Rapid urbanization, aging, and population expansion are frequent problems in emerging countries. As a result of these causes, there is a rise in the demand for healthcare, which prompts investments in healthcare infrastructure, facilities, and services. Governments and major private sector players know that expanding and improving healthcare systems is necessary to fulfill the expanding demands of their people. Growth in demand for investing in hospitals, clinics, and medical institutions provides significant growth to the market.
The main factor limiting market growth is the high cost of display devices and the high implementation rate, particularly in nations where the reimbursement picture is unfavorable. Due to the high installation and maintenance costs of these medical devices as well as the limited financial resources in developing countries, the majority of healthcare facilities, including hospitals and diagnostic centers, are hesitant to invest in new, technologically advanced systems. These elements may impede healthcare facility digitization and affect the uptake of cutting-edge technologies for analysis and diagnosis. The creation of sophisticated and innovative display devices is made possible by the development of new technologies, which drives up the price of the gadgets. As a result, display devices are expensive.
COVID-19 pandemic as with many products, the supply and demand of medical devices have been greatly impacted. The COVID-19 pandemic continues to alter how diverse businesses develop, although its immediate effects are not all the same. For instance, the rise of COVID-19 illness caused by the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) has increased hospitalization and consequently encouraged market expansion internationally. On the other side, the global lockdown and imposition of new government regulations have disrupted the supply chain for medical devices, particularly medical displays. Consequently, there was a decline in the production and use of medical displays. To support COVID-19 patients, a few market participants organized and promoted a number of COVID-19 awareness efforts after mid-2020, which led to a rise in the use of monitors and displays in hospitals.
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Barco introduced the Nio Fusion 12MP medical display
This product launch leads to the expansion of the product line into the North America and Europe market. Also, it helps to improve the product portfolio.
EIZO Corporation launched Radiforce MX243W
The 24.1-inch 2.3 megapixels (1920×1200 pixels) monitor is designed for monitoring and diagnosis of patient physiology in clinics and hospitals. The launch resulted in the addition of the new product to the medical device portfolio.
Top Companies Market Share in Medical Display Industry: (In no particular order of Rank)
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North America was the dominating region of the medical display market in 2022. Over the course of the forecast period, the worldwide market for medical displays is anticipated to develop at its quickest rate in the North American region. The increased use of medical displays for tissue and organ regeneration is to blame for this. Additionally, throughout the forecast period, the use of medical displays for several applications, including radiography, mammography, and others, is anticipated to propel market revenue growth in this region. For instance, Onsite Women's Health, a top national provider of breast health services, announced a partnership with Volpara Health on February 9, 2023, with the goal of implementing Volpara Analytics, an Artificial Intelligence (Al) software tool that enhances the quality of mammography by evaluating each mammogram image for proper positioning, compression, and radiation dose.
The current report Scope analyzes Medical Display Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Medical Display Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Medical Display Industry growth. Medical Display market has been segmented with the help of its Type, Application Technology, and others. Medical Display market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Medical Display market.
Type of Medical Display analyzed in this report are as follows:
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The diagnostic segment was the dominant market in 2022. Significant growth in the use of medical displays in diagnostic imaging continues to rise which leads to propelling the market. With a 25.0% revenue share in 2020, the general radiology category dominated the U.S. market for medical display monitors. Any interventions are built on the results of radiology scans. Use of the high-definition medical display is therefore crucial if you want to cut down medical mistakes by about 70%. The general radiology industry is seeing market expansion due to reasons such as increased diagnostic accuracy, decreased mistake rates, and a continuing requirement for high-quality imaging displays. Another crucial application that needs medical displays is mammography. Its use can improve accuracy, speed up interpretation, and identify minor problems
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On the basis of technology, medical display is segmented into LED-Backlit LCD Displays, CCFL-Backlit LCD Displays, and OLED Displays. The LED-Backlit LCD Display is the leading segment in terms of revenue. Medical LCD provides features like great picture quality, variety of sizes, absence of fan noise, and ideal hospital setting. Also, additional features include its great energy efficiency and low radiation emission. Accurate and detailed diagnosis for the procedures like mammography, operating rooms for medical-grade visualization and surgical displays, and LCD screens in wards of hospitals to monitor patients and their corresponding beds for information. These factors lead to significant growth in the LED-Backlit LCD Display market in the forecast period.
The resolution-based segments of the worldwide market include Up to 2MP, 2.1-4MP, 4.1-8MP, and Above 8MP. In 2022, it is predicted that the market category 4.1- 8MP had led the market. Higher brightness, bezel-less widescreen, and the ability to create color and monochrome images with greater detail are all factors that contribute to the significant proportion of this market. Features provided by 2.1-4MP are Enhanced multitasking, compatibility with high-resolution modalities, and independent gamma curves. The 2.1-4 MP medical displays also offer dependability, broad viewing angles, precise picture rendering, multi-modality support, higher image detail, and greater screen space These are the factors that lead to a significant growth projection period.
Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over three years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies.
In her current role, Manjiri handles the market research related to Pharma and healthcare industry. Her passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.Manjiri remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Medical Display Market is witnessing significant growth in the near future.
In 2023, the LED backlit LCD Display segment accounted for noticeable share of global Medical Display Market and is projected to experience significant growth in the near future.
The Multi-Modality segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies BenQ Medical Technology , Axiomtek Co.Ltd and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | LED backlit LCD Display, CCFL backlit LCD Display, OLED Display |
Application | Multi-Modality, Diagnostic, Digital Pathology, Radiology, Mammography |
Technology | LED-Backlit LCD Displays, CCFL-Backlit LCD Displays, OLED Displays |
Resolution | Up to 2Mp, 2.1 to 4Mp, 4.1 to 8Mp |
Panel Size | Under 22.9-inch panel, 23.- 26.9 inch panels, 27- 41.9 inch panels |
List of Competitors | BenQ Medical Technology, ASUSTeK Computer Inc, Axiomtek Co.Ltd, Barco, EIZO Corporation, Dell Inc., DIVA Laboratories. Ltd., Sony Corporation, COJE CO.LTD, FSN Medical Technologies |
This chapter will help you gain GLOBAL Market Analysis of Medical Display. Further deep in this chapter, you will be able to review Global Medical Display Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Medical Display. Further deep in this chapter, you will be able to review North America Medical Display Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Medical Display. Further deep in this chapter, you will be able to review Europe Medical Display Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Medical Display. Further deep in this chapter, you will be able to review Asia Pacific Medical Display Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Medical Display. Further deep in this chapter, you will be able to review South America Medical Display Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Medical Display. Further deep in this chapter, you will be able to review Middle East and Africa Medical Display Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Medical Display. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Technology Analysis 2019 -2031
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Chapter 13 Market Split by Resolution Analysis 2019 -2031
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Chapter 14 Market Split by Panel Size Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Medical Display market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why LED backlit LCD Display have a significant impact on Medical Display market? |
What are the key factors affecting the LED backlit LCD Display and CCFL backlit LCD Display of Medical Display Market? |
What is the CAGR/Growth Rate of Multi-Modality during the forecast period? |
By type, which segment accounted for largest share of the global Medical Display Market? |
Which region is expected to dominate the global Medical Display Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Quantitative Data |
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