- CCFL-backlit LCD Display
- LED-backlit LCD Display
- OLED Display
Medical Display Market size is valued at USD 2.9 billion in 2023 and is expected to reach USD 4.1 billion by 2030, at a CAGR of 4.5% during the forecast period 2024-2030. Due to increasing in the aging population and rising in prevalence of numerous of healthcare issues and new disease day-by-day which requires accurate diagnosis and treatment. Medical professionals use picture archive communication system (PACS) viewer which displays external body and internal body medical images on the monitor's screen which is important for the detections of various diseases and disorders. Additionally, increasing in the medical care infrastructure, government emphasis, and rise in the healthcare expenditure will fuel the market growth. However, high cost of the device and high maintenance cost will hinder the growth of the medical display market. Global medical display market is surging owing to frequent acquisitions and launchings by the market players.
Medical Display Market Key Developments :
- In January 2017, Advantech announced to acquire 60% stakes of Kostec. This will help to expand medical displays in South Korea and also worldwide. This resulted in the important contribution of Advantech in the field of medical display market.
Medical Display Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
4.5%
Largest Market
North America
Fastest Growing Market
Europe
Medical Display Market Dynamics
In the recent years, Due to changing in the life styles and increased in the stress levels which leads to increase the number of many healthcare issues. The surge in the demand for various diagnostic procedures including ultrasound, medical resonance imaging, X-ray, CT scanner, MRI scanner, EEG and sleep monitoring devices which are used to investigate the diagnostic conditions and to treat these conditions is expected to propel lucrative opportunities for the market growth. Increasing demand for advanced equipped medical facilities will further boost the market growth. Additionally, medical displays play important role in monitoring the BP, heart rate, organ functioning of patients during surgeries, person in come and others.
North-America Got Significant Share
Medical Display Market Regional Analysis
North America accounted for larger revenue share in global medical display market with considerable CAGR. The growth in this region can be attributed to rising in the awareness of the healthcare issues in the patient and in this region is supported by high expenses for the development of the healthcare infrastructure. European market dominates by EEG devices followed by MEG systems. In Asia region medical display is largely driven by the growing geriatric population, the accessibility of low-cost labor and skilled professionals, increase in disposable incomes, rising prevalence of many healthcare issues, and increasing government emphasis on healthcare developments in the region.
Latin America
Europe
Asia Pacific
Middle East
North America
Medical Display Market Segmentation
By Technology
By Panel Size
- Under 22.9 Inch Panels
- 0-26.9 Inch Panels
- 0-41.9 Inch Panels
- Above 42 Inch Panels
By Resolution
- Up to 2MP Resolution Displays
- 14MP Resolution Displays
- 18MP Resolution Displays
- Above 8MP Resolution Displays
By Display Color
- Color Display
- Monochrome Display
Frequently Asked Questions
2023 is the base year and 2030 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
Medical Display Market size is valued at USD 2.3 billion in 2022 and is expected to reach USD 3.2 billion by 2029, at a CAGR of 4.5% during the forecast period 2023-2029.
The medical display market is trending towards higher resolutions, improved color accuracy, and increased demand for large-format displays to support advanced medical imaging and diagnostic applications.
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019 to 2023) and forecast (2024 to 2030)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup's details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market
| 1.Executive Summary |
| 2.Global Medical Display Market Introduction |
| 2.1.Global Medical Display Market - Taxonomy |
| 2.2.Global Medical Display Market - Definitions |
| 2.2.1.Technology |
| 2.2.2.Panel Size |
| 2.2.3.Resolution |
| 2.2.4.Display Color |
| 2.2.5.Region |
| 3.Global Medical Display Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Medical Display Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Medical Display Market By Technology , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. CCFL-backlit LCD Display |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. LED-backlit LCD Display |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. OLED Display |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Medical Display Market By Panel Size, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Under 22.9 Inch Panels |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. 0-26.9 Inch Panels |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. 0-41.9 Inch Panels |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Above 42 Inch Panels |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7.Global Medical Display Market By Resolution, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Up to 2MP Resolution Displays |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. 14MP Resolution Displays |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. 18MP Resolution Displays |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Above 8MP Resolution Displays |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8.Global Medical Display Market By Display Color, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Color Display |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Monochrome Display |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 9.Global Medical Display Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10.North America Medical Display Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.CCFL-backlit LCD Display |
| 10.1.2.LED-backlit LCD Display |
| 10.1.3.OLED Display |
| 10.2. Panel Size Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Under 22.9 Inch Panels |
| 10.2.2.0-26.9 Inch Panels |
| 10.2.3.0-41.9 Inch Panels |
| 10.2.4.Above 42 Inch Panels |
| 10.3. Resolution Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Up to 2MP Resolution Displays |
| 10.3.2.14MP Resolution Displays |
| 10.3.3.18MP Resolution Displays |
| 10.3.4.Above 8MP Resolution Displays |
| 10.4. Display Color Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Color Display |
| 10.4.2.Monochrome Display |
| 10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11.Europe Medical Display Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.CCFL-backlit LCD Display |
| 11.1.2.LED-backlit LCD Display |
| 11.1.3.OLED Display |
| 11.2. Panel Size Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Under 22.9 Inch Panels |
| 11.2.2.0-26.9 Inch Panels |
| 11.2.3.0-41.9 Inch Panels |
| 11.2.4.Above 42 Inch Panels |
| 11.3. Resolution Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Up to 2MP Resolution Displays |
| 11.3.2.14MP Resolution Displays |
| 11.3.3.18MP Resolution Displays |
| 11.3.4.Above 8MP Resolution Displays |
| 11.4. Display Color Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Color Display |
| 11.4.2.Monochrome Display |
| 11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 12.Asia Pacific (APAC) Medical Display Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.CCFL-backlit LCD Display |
| 12.1.2.LED-backlit LCD Display |
| 12.1.3.OLED Display |
| 12.2. Panel Size Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Under 22.9 Inch Panels |
| 12.2.2.0-26.9 Inch Panels |
| 12.2.3.0-41.9 Inch Panels |
| 12.2.4.Above 42 Inch Panels |
| 12.3. Resolution Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Up to 2MP Resolution Displays |
| 12.3.2.14MP Resolution Displays |
| 12.3.3.18MP Resolution Displays |
| 12.3.4.Above 8MP Resolution Displays |
| 12.4. Display Color Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Color Display |
| 12.4.2.Monochrome Display |
| 12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13.Middle East and Africa (MEA) Medical Display Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.CCFL-backlit LCD Display |
| 13.1.2.LED-backlit LCD Display |
| 13.1.3.OLED Display |
| 13.2. Panel Size Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Under 22.9 Inch Panels |
| 13.2.2.0-26.9 Inch Panels |
| 13.2.3.0-41.9 Inch Panels |
| 13.2.4.Above 42 Inch Panels |
| 13.3. Resolution Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Up to 2MP Resolution Displays |
| 13.3.2.14MP Resolution Displays |
| 13.3.3.18MP Resolution Displays |
| 13.3.4.Above 8MP Resolution Displays |
| 13.4. Display Color Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Color Display |
| 13.4.2.Monochrome Display |
| 13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14.Latin America Medical Display Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 14.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.CCFL-backlit LCD Display |
| 14.1.2.LED-backlit LCD Display |
| 14.1.3.OLED Display |
| 14.2. Panel Size Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Under 22.9 Inch Panels |
| 14.2.2.0-26.9 Inch Panels |
| 14.2.3.0-41.9 Inch Panels |
| 14.2.4.Above 42 Inch Panels |
| 14.3. Resolution Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Up to 2MP Resolution Displays |
| 14.3.2.14MP Resolution Displays |
| 14.3.3.18MP Resolution Displays |
| 14.3.4.Above 8MP Resolution Displays |
| 14.4. Display Color Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Color Display |
| 14.4.2.Monochrome Display |
| 14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.LG Display Co., Ltd. |
| 15.2.2.Sony Corporation |
| 15.2.3.Novanta |
| 15.2.4.FSN Medical Technologies |
| 15.2.5.Advantech |
| 15.2.6.Quest International |
| 15.2.7.Dell Technologies Inc. |
| 15.2.8.Jusha Medical |
| 15.2.9.Siemens |
| 15.2.10.Alpha Display |
| 15.2.11.ASUSTeK Computer Inc. |
| 15.2.12.Axiomtek Co., Ltd. |
| 15.2.13.BenQ Medical Technology |
| 15.2.14.Shenzhen Beacon Display Technology Co., Ltd. |
| 15.2.15.Advantech |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
- LG Display Co., Ltd.
- Sony Corporation
- Novanta
- FSN Medical Technologies
- Advantech
- Quest International
- Dell Technologies Inc.
- Jusha Medical
- Siemens
- Alpha Display
- ASUSTeK Computer Inc.
- Axiomtek Co., Ltd.
- BenQ Medical Technology
- Shenzhen Beacon Display Technology Co., Ltd.
- Advantech