Medical Imaging Displays Market Overview
The global medical imaging displays market is expected to exhibit a strong 5.4% CAGR. according to the latest research report from Market Research Future (MRFR). The global medical imaging displays market is set to exhibit a robust growth rate over the forecast period due to the growing demand for sophisticated and capable medical imaging displays and the growing use of medical imaging in diagnostic and surgical procedures. The report presents a detailed breakdown of the major factors affecting the global medical imaging displays market’s growth positively as well as negatively, providing the readers with a comprehensive overview of the global medical imaging displays market’s economic environment and major drivers and restraints. Major players in the global medical imaging displays market are also profiled in the report with the help of detailed competitive profiles, providing the readers with a complete overview of the competitive landscape of the market.
The Medical Imaging Displays Market Growth has exhibited robust growth over the last few years due to the growing demand for medical imaging displays in diagnostic procedures. The dentistry sector has emerged as a major end user of diagnostic imaging devices in the last few years, with the growing demand for oral procedures leading to a growing demand for diagnostic imaging devices. The increasing availability of advanced, highly sophisticated imaging techniques for dental diagnosis and surgeries is likely to remain a key driver for the medical imaging devices market over the coming years.
The increasing demand for minimally invasive surgeries is also likely to be a major driver for the global medical imaging displays market over the forecast period. Minimally invasive surgeries are surgeries that minimize the need for cutting up and opening up a patient’s body and instead rely on superior imaging tools to acquire a picture of the area being operated. This is a key driver for the medical imaging displays market over the forecast period.
Medical Imaging Displays Market Segmentation
- The global medical imaging displays market has been segmented by display technology, panel size, resolution, application, display color, and region.
- By display technology, the global medical imaging displays market has been segmented into LED, TFT-LCD, CRT, PM-LCD, PMOLED, and AMOLED.
- By panel size, the medical imaging displays market has been segmented into less than 22.9 inches, 23.0-26.9 inches, 27.0-41.9 inches, and more than 42 inches.
- By resolution, the market has been segmented into up to 2MP, 2.1–4MP, 4.1–8MP, and above 8MP.
- By application, the medical imaging displays market has been segmented into diagnostic, general radiology, mammography, digital pathology, multi-modality, surgical/ interventional, dentistry, and others.
- By display color, the global medical imaging displays market is segmented into color display and monochrome display.
Medical Imaging Displays Market Regional Analysis
The Americas is the dominant regional market for medical imaging displays, followed by Europe. The strong presence of medical device manufacturers in North America and Europe is majorly responsible for this breakdown, as this leads to easier and widespread availability of the latest product and technology advancements. Increasing availability of venture funding and the rising expenditure on the healthcare sector are also likely to be major drivers for the medical imaging displays market in the Americas. Technological development is also rife in the North America and Europe markets, as the leading players have established strong platforms for technological development. Innovations in display technology are also ongoing in North America and Europe, where major electronics industry leaders have established a firm base. This is also likely to be a major driver for the global medical imaging displays market.
Asia Pacific is expected to be the fastest growing market for medical imaging displays due to the strong growth prospects of the healthcare sector in the region. The healthcare sector in Asia Pacific has been driven by the strong government support shown in countries such as Japan, South Korea, China, and India. This has led to steady growth in the number of hospitals as well as a rise in the technical proficiency of hospitals in the region. This has led to an increasing demand for advanced medical imaging displays. The electronics industry in Asia Pacific is also a major beast and set for rapid growth over the forthcoming years. This is also likely to remain a major driver for the global medical imaging displays market over the coming years.
Medical Imaging Displays Market Players
- Carestream Health
- Koninklijke Philips N.V.
- Siemens Healthcare Private Limited
- Barco
- NDS Surgical Imaging LLC
- Ampronix
- General Electric Company
- Canon Medical Systems Corporation
- Hitachi Medical Systems Europe Holding AG
- PHC Holdings Corporation
- The Contec Group
- EIZO Corporation
- Others
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