A key driver for the global medical display market is the growing number
of medical establishments. The aging population is growing at a faster
rate when compared with the younger population. There is an
ever-increasing demand for medical aid due to the growth in population.
This has led to increased investments in the establishment of medical
facilities and infrastructure. The rising trend of urbanization has also
led to increased investments in healthcare.
medical display market research report also
provides an analysis of the most important trends expected to impact the
market outlook during the period 2018-2022. Technavio classifies an
emerging trend as a major factor that has the potential to significantly
impact the market and contribute to its growth or decline.
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market snapshot before purchasing
In this report, Technavio highlights the rising demand for multimodality
displays as one of the key trends in the global medical display market:
Global medical display market: Rising demand
for multimodality displays
The market has been witnessing an increase in the demand for
multimodality displays for medical applications, particularly in the
field of radiology. Multimodal functions in displays allow operators to
view both color and grayscale images in static and moving formats. They
have a color enhancement functionality that is added to images. These
features of multimodality display allow radiologists to get a detailed
view of PET and ultrasound outputs.
“The multimodality displays permit users to calibrate the image
brightness, contrast, resolution, and grayscale to view CT and MRI
scans. Multimodality displays allow medical practitioners to view
real-time information of patients’ health conditions and decide the
course of treatment. They assist in identifying critical conditions,
which require immediate medical attention,” says a senior analyst at
Technavio for research on medical imaging.
Global medical display market: Segmentation
This medical display market analysis report segments the market by
product (LCD and OLED) and geography (the Americas, APAC, and EMEA).
The LCD segment held the largest medical display market share in 2017,
accounting for nearly 93% of the market. This product segment is
expected to dominate the global market throughout the forecast period.
The Americas led the market in 2017 with approximately 53% of the market
share, followed by EMEA and APAC respectively. The Americas is expected
to dominate the market throughout the period 2018-2022.
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Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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