Medical Display Market Size, Top Countries Data, Industry Share, Company Overview, Industrial Statistics, Regional Economy, Development and Forecast to 2027


The global Medical Display Market size is estimated to reach USD 3.06 billion from USD 1.84 billion in 2019, delivering a CAGR of 5.7% through 2027. The increasing penetration of medical imaging systems in the diagnostic care units across the world is driving the market growth.

The medical display technology is gaining massive popularity as it generates crisper, sharper, clearer images with less noise and also offers a longer life span as compared to the commercial displays. Extensive product application in mammography, bone, and chest imaging is supplementing medical display market revenue share. Rapid advancement in the technologies, along with rising awareness among the populace, is also fuelling the industry growth. Moreover, the global expansion of the geriatric population base will further offer lucrative scope for industry growth.

The latest report extensively assesses this particular business sphere and, simultaneously, elaborates on production and consumption aspects of the market. In the later sections of the report, numerous factors, including market drivers, opportunities, restraints, and challenges, have been discussed at length. The authors have meticulously performed the SWOT analysis and Porter’s Five Forces analysis to help the reader clearly interpret the competitive hierarchy of the global Medical Display market as well as distinguish the top market contenders from the others.

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Top Companies Profiled in this Report are:

Sony Corporation, Samsung Electronics, LG Display Co Ltd, Novanta Inc., Barco NV, Siemens AG, Steris PLC, Eizo Corporation, The Hewlett-Packard Company, and Advantech Co., Ltd., among others.

COVID-19 Impact Assessment

The Medical Display market report is the first document to cover the current scenario of the global Medical Display market that is brawling with the adverse economic effects of the ongoing COVID-19 pandemic. Besides affecting countless lives across the world, the pandemic has wreaked major disruptions to this otherwise lucrative business sector. The latest report thoroughly studies the current situation of the market and the unfavorable impact of the pandemic on its crucial segments and sub-segments.

This section underscores the leading players in this business space, the current market state, disrupted supply chains, and the key sales and distribution channels in the context of the COVID-19 pandemic. Additionally, the global Medical Display market study discovers a wide array of business-centric strategies adopted by leading market players to gain robust traction in the post-COVID market situation.

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Overview of the Medical Display report:

The latest market study broadly segments the industry based on the product type range, application gamut, end-use industry, key regions, and the competitive background. One of the central components of the report is a detailed explanation of the gross profits, revenue shares, sales volume, manufacturing costs, individual growth rate, and the financial standing of the leading market players. The developmental scope of the Medical Display market’s new entrants and established companies has also been emphasized in the report.

For the purpose of this report, Reports and Data has segmented the Global Medical Display Market on the basis of display resolution, sales channel, technology, form factor, display size, end-user, and region:

Display Resolution Outlook (Revenue, USD Billion; 2017-2027)

  • Up to 2MP
  • 1MP to 4MP
  • 1MP to 8MP
  • Above 8MP

Sales Channel Outlook (Revenue, USD Billion; 2017-2027)

  • Online Retailing
  • Medical Stores & Brand Outlet

Technology Outlook (Revenue, USD Billion; 2017-2027)

  • CCFL based LED
  • LCD based LED
  • OLED

Form Factor Outlook (Revenue, USD Billion; 2017-2027)

  • Color
  • Grayscale
  • Multimodality System

Display Size Outlook (Revenue, USD Billion; 2017-2027)

  • Below 23 Inches
  • 23 to 41 Inches
  • Above 41 Inches

End-User Outlook (Revenue, USD Billion; 2017-2027)

  • Hospitals
  • Clinics & Diagnostic Centers
  • Ambulatory Centers & Dental Chambers
  • Others

In market segmentation by geographical regions, the report has analysed the following regions-

North America (USA, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Columbia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Download Summary[Free Extract]@

Parameters Details
Market Size Estimation Period 2020 – 2027
Base Year Considered 2019
Historical data 2015 – 2019
Forecast Period 2020 – 2027
Quantitative Units Revenue in USD million and CAGR from 2020 to 2027
Segments Covered Types, Applications, End-Users, Regions and more.
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization scope 10 hrs of free customization and expert consultation
Pricing and purchase options Explore Different Purchase Options and Request for Discount to Avail New Year Discount

Further key findings from the report suggest

  • Based on display resolution, the Up to 2MP segment is estimated to exhibit a growth rate of 4.4% over the projected timeframe.
  • In terms of display size, the 23 to 41 Inches segment accounted for the largest market revenue share in 2019 and is set to register a CAGR of 6.2% through 2027.
  • Based on form factor, the multimodality systems segment is estimated to register a CAGR of 7.1% through 2027. These systems are medical-grade displays that are specifically designed for multimodality images or both color and greyscale images for enhanced understanding.
  • In terms of end-user, the hospital segment is anticipated to account for 49.5% of the medical display market share, delivering a CAGR of 5.8% through 2027 on account of large-scale incorporation of high-quality medical displays all the concerned departments.
  • The clinics & diagnostic centers segment is forecast to hold 32.7% of the medical display market share, exhibiting a growth rate of 4.1% through 2027.
  • With the extensive usage of high end IT medical systems, North America will dominate the market landscape, and the Asia Pacific, due to rapid technological advancements in the healthcare industry, may witness the fastest growth. The U.S., Germany, and Japan remain prominent players in the global medical display market.
  • The APAC region is likely to witness the fastest growth rate of 8% during the analysis period on account of the record number of patients with chronic diseases and growth in the number of super-specialty healthcare centers due to and mounting need for diagnostic screening & health check-ups in the region.
  • North America is estimated to exhibit a notable growth rate of 6% over the forecast period on account of the extensive proliferation of medical displays in hospitals and ambulatory centers coupled with the growing prevalence of geriatric diseases and the associated demand for diagnostic screening in the region.

Major Highlights:

  • The study analyzes various manufacturing processes of the product.
  • It further examines the consumption volume and patterns of the product types.
  • The report provides actionable insights into the production capacity, estimated growth, and regional market revenues amassed over the forecast period.
  • The report encompasses vital information on market dynamics, such as product pricing patterns, the total revenue generated, and anticipated growth rate.
  • The report highlights the competitive spectrum of the global Medical Display market, focusing on the company profiles of top market rivals.
  • The report emphasizes the product portfolios as well as respective specifications and applications of these products of each market player.
  • Furthermore, production capacities, gross margins, manufacturing costs, pricing models, and revenue shares of these market players have also been discussed.

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