Global Medical Display Market, By Resolution, By Panel Size, By Display Color, By Application (Diagnostic and Others), By Technology (LED-backlit and others), By End Users, By Geography
Pune, India -- (SBWIRE) -- 08/07/2018 -- Global Medical Display Market 2018 version report provides prime data related to the overall market and price forecast over a five-year period, from 2018 to 2025. In this segment, the experts have presented essential information which relates to the production and consumption forecast for the major regions that the Medical Display Market is categorized into, country breakdowns, production forecast by type, and consumption forecast by application. This market report defines the market trends and forecast the upcoming opportunities and threats of the medical display market in the next 8 years.
The "Global Medical Display Market" is expected to reach USD 2.59 Billion by 2025, from USD 1.83 Billion in 2017 growing at a CAGR of 4.4% during the forecast period of 2018 to 2025.
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Some of the major players involved in the global medical display market are
Barco,
Sony electronics Inc,
LG Display Co., Ltd,
EIZO Corporation,
Novanta Inc,
FSN Medical Technologies,
Advantech Co., Ltd, Quest International Inc, Steris plc, Siemens Healthcare, BenQ Medical Technology, Accuray Incorporation, Alpinion Medical Systems co., ltd Shenzhen Beacon Display Technology Co, Nanjing Jusha Commercial &Trading Co,Ltd, Coje displays, Axiomtek Co Ltd, Dell, HP, Analogic Corporation, Asahi Roentgen, Mediso Ltd, Shenzhen Mindray Bio-Medical Electronics Co., Ltd, Mobisante.
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Market Segmentation
The global medical display market is segmented on the basis of resolution, panel size, display color application, technology, end users, and geography.
Based on resolution, the global medical display market is segmented into
- 2MP resolution,
- 1-4 MP resolution,
- 1 – 8 MP resolution, and above 8 MP resolutions
Based on the application, the global medical display market is segmented into
- diagnostic applications,
- surgical applications,
- dentistry applications and other applications
Diagnostic application is further sub segmented into general radiology, digital pathology, multi-modality application, and general radiology.
Based on the display color, the global medical display market is segmented into
- color displays and
- monochrome displays
Based on the panel size, the global medical display market is segmented into
- 0 to 22.9 Inch displays,
- 23 to 26.9 inch
- 27 to 41.9 inch and above 42 inch
Based on the technology the medical display market is segmented into
- LED-backlit LCD display,
- CCFL-backlit LCD display and
- OLED displays
On the basis of end users, the global medical display market is segmented into
- hospitals,
- diagnostic centres,
- community healthcare
Based on distribution channel the market is segmented into
- retail and
- direct tenders
Based on geography the global medical display market report covers data points for 28 countries across multiple geographies namely
- North America & South America,
- Europe,
- Asia-Pacific and,
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others
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Competitive Analysis
The global medical display market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical display market for global, Europe, North America, Asia Pacific and South America.
Global Medical Display Market, By Resolution (Above 8mp Resolution and others ), By Panel Size (Under-22.9-Inch, 23.0–26.9-Inch and others), By Display Color (Color and monochrome,) By Application (Diagnostic and Others), By Technology (LED-backlit and others), By End Users, By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Major Market Drivers & Restraints
- Awareness towards the health and health checkup.
- Increase in the number of adoption of hybrid operating rooms
- Flourishing of diagnostic and imaging centers
- Increased investment in research and development of technology
- Downward pricing pressure owing to its commodity nature
- Saturation in the medical display market
- Increase in the number of refurbished medical displays adoption
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