The global 4K medical imaging market size was US$ 934.2 million in 2021. The global 4K medical imaging market is forecast to grow to US$ 2,446.7 million by 2030, growing at a compound annual growth rate (CAGR) of 11.5% during the forecast period from 2022 to 2030. 

4K imaging panel is a display panel that offers high-definition video. The 4K technology has changed the outlook of the healthcare sector. The technology helps access images that will ultimately help in providing efficient treatment. 

The global 4K medical imaging market is forecast to register tremendous growth because of rising investments leading to the growth of the healthcare domain, increasing demand for efficient treatment, growing prevalence of diseases, and rising population.

COVID-19 Impact Analysis

The COVID-19 pandemic has resulted in economic turmoil for various countries. This worldwide pandemic abruptly burdened the healthcare bodies and forced the governments to focus on the healthcare infrastructure. However, the demand for 4K imaging technologies declined as the focus of the healthcare bodies shifted to curbing the COVID-19 impact. 

Disruptions in the supply chain also declined the market growth. The pandemic wreaked havoc on the economies. Various manufacturing companies had to halt the activities due to the unavailability of raw materials and labor. Thus, it impacted the global 4K medical imaging market. 

Factors Influencing

• The increasing demand for hybrid operating rooms is the prominent factor that will benefit the global 4K medical imaging market.
• Increasing healthcare expenditure is forecast to offer ample opportunities to the companies thriving in the global 4K medical imaging market. 
• The market is witnessing increasing demand for visualization quality for medical imaging. Moreover, rising cases of chronic diseases will increase the demand for technologically advanced products in the industry. 
• The increasing demand for flexible designs of 4K medical imaging technology will propel the market growth during the study period. 
• The high cost of 4K medical imaging technology may become a significant challenge in the market growth. 

Geographic Analysis

North America is forecast to hold dominance in the global 4K medical imaging market, owing to the increasing demand for advanced technology in the region's healthcare sector. Moreover, high healthcare expenditure, favorable government initiatives, and the presence of prominent players like STERIS would contribute to the market growth. 

The increasing awareness about the benefits and high-resolution properties of 4K medical imaging technology will further boost the demand for the devices.  In addition, the increasing prevalence of chronic diseases and the rising geriatric population will benefit the regional market during the study period. 

Competitors in the Market

• STERIS
• B. Braun Melsungen AG
• CONMED Corporation
• Sony Corporation
• Stryker
• Siemens Healthcare GmbH
• Novanta Inc.
• EIZO Corporation
• Ikegami Tsushinki Co., Ltd.
• Medtronic
• Other prominent players

Market Segmentation

Insight by Product Type 

        o   4K Medical Displays

                o    Resolution Type

                        •    4K UHD (3840 x 2160)

                        •    4K DCI (4096 X 2160)

                o    Panel Size

                        •    28" and Below

                        •    28" - 54"

                        •    55" and Above

        o   4K Camera Systems

                o    Components

                        •    Endoscopic Cameras

                        •    Microscopic Cameras

                        •    OR Cameras

                        •    Camera Control Units

                        •    Recorders

• 4K Advanced Visualization Systems

Insight by Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America