- CCFL-backlit LCD Display
- LED-backlit LCD Display
- OLED Display
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. 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.
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Fastest Growing Market
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.
2022 is the base year and 2029 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.