Global Medical Imaging Displays Market was valued at USD 2.32 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 5.3% over the forecast period 2024-2032. Medical imaging displays are sophisticated monitors designed for the precise viewing of medical images such as X-rays, MRIs, CT scans, and ultrasounds. These displays are integral to modern healthcare, offering high resolution, accurate color representation, and superior brightness to ensure precise image interpretation. They play a pivotal role in various medical fields, including radiology, cardiology, oncology, and surgery, aiding in diagnosing and monitoring diseases, guiding surgical procedures, and assessing treatment effectiveness.
The demand for medical imaging displays is driven by several factors, including the surging need for minimally invasive procedures, the growing popularity and benefits of large displays, the increasing demand for diagnostic imaging procedures, and rapid technological advancements in the imaging sector. Notably, digital imaging has become an essential diagnostic tool for oral health practitioners over the past decade, with significant advancements in dental and radiology imaging markets. Europe and North America are leading in adopting dental radiology and imaging systems, reflecting a broader trend toward advanced diagnostic tools in healthcare. Opportunities in the medical imaging displays market are burgeoning due to the growing number of diagnostic and imaging facilities. Market players are adopting various strategies, such as acquisitions and product launches, which are expected to further propel market growth. However, the high cost of medical imaging displays and the rising demand for refurbished equipment may inhibit market expansion. Additionally, challenges such as a lack of healthcare infrastructure and awareness about medical imaging equipment in certain regions pose hurdles for market players.
Regionally, North America is expected to dominate the medical imaging displays market due to technological advancements, rising healthcare expenditure, availability of venture capital, government support, and a high prevalence of chronic illnesses. Europe is likely to hold the second-largest market share, driven by a well-developed healthcare industry and significant government funding for research and development. Asia-Pacific is expected to be the fastest-growing region, fueled by increased adoption of digital imaging systems, higher disposable incomes, awareness programs, and venture capital investments. The Middle East and Africa region have the smallest market share, though government initiatives in the healthcare sector are likely to boost growth in the Middle East.
Major market players included in this report are:
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 detailed segments and sub-segment of the market are explained below:
By Technology:
LED
AMOLED
PMOLED
CRT
TFT-LCD
PM-LCD
By Resolution:
2MP
1-4MP
1-8MP
Above 8MP
By Panel Size:
Up to 9 Inch
10.0-26.9 Inch
27.0-41.9 Inch
More than 42 Inch
By Display Color:
Monochrome
Color
By Application:
Diagnostic
Dentistry
General Radiology
Surgical/Interventional
Digital Pathology
Mammography
Multi-modality
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
