Medical displays are used in monitoring the patient’s health status. These devices are predominantly used by doctors to analyse the condition of the patient and perform specified operations. The global medical display market was valued at $1.80 billion in 2017 and expected to reach $2.45 billion by 2025 with a CAGR of 4.74% during the forecast period from 2019-2025. The factors like increased number of diagnostic imaging centres & growing adoption of hybrid operating rooms are driving the market growth. The factors like increasing adoption of refurbished medical displays & consumer-grade displays are hampering the market growth. Technological advancements in medical display devices & development of healthcare infrastructure in emerging markets are enhancing the opportunities for market growth.
Research Study Objectives:
- Define, estimate, and forecast the Medical Display market statistics by technology, panel size, resolution, display colour, application and regions concerning the individual growth drivers, market trends and their contribution toward the Medical Display market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Medical Display Market Analysis
- Analysis and conclusions on the future Medical Display market outlook.
Top-down and bottom-up approaches are used to validate the Medical Display Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market
revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Medical Display Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Medical Display market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Medical Display market segmentation is as follows:
By Technology
- OLED
- LED-Backlit LCD
- CCFL-Backlit LCD
By Panel size
- Above-42-Inch panels
- 0–41.9-Inch panels
- 0–26.9-Inch panels
- Under-22.9-Inch panels
By Resolution
- Above 8mp Resolution displays
- 1–8mp Resolution displays
- 1–4mp Resolution displays
- Under 2mp Resolution displays
By Display Colour
- Monochrome displays
- Colour displays
By Application
- Dentistry
- Surgical/Interventional Applications
- Diagnostic Applications
- General Radiology
- Mammography
- Digital Pathology
- Multi-Modality Applications
- Others
Geographical Analysis:
Medical Display Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging
nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to underst