Medical Display Market by Technology (LED, OLED) Panel Size (≤22.9”, 27.0-41.9”, ≥42”) Resolution (≤2MP, 4.1-8MP, ≥8MP), Application (Radiology, Mammography, Digital Pathology, Multi-modality, Surgical), & Display color - Global Forecast to 2023

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Date: 19-Mar-2018
No. of pages: 199
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“The global medical display market projected to grow at a CAGR of 4.6%.”

The medical display market is expected to reach USD 2.33 billion by 2023 from an estimated USD 1.86 billion in 2018, at a CAGR of 4.6%.

High adoption of hybrid operating rooms, increasing preference for display assisted minimally invasive surgeries, shorter replacement cycles, rise in the number of diagnostic imaging clinics, development in healthcare infrastructure in emerging countries, and technological advancements are factors driving the medical display market. However, market saturation in matured markets and the increasing adoption of refurbished and consumer-grade displays may hinder the adoption of these solutions among healthcare providers to a certain extent.

“The OLED display segment is expected to register the highest CAGR during the forecast period.”

On the basis of technology, the medical display market is segmented into LED-backlit LCD display, CCFL-backlit LCD display and OLED displays. The OLED displays segment is expected to register the highest CAGR during the forecast period. The high growth in this segment is attributed to the fact that OLED technology is more technologically advanced than LED-backlit LCD displays and produces more vivid and high-quality images.

“Diagnostic application is expected to grow at the highest CAGR from2018 to 2023.”

Based on application, the medical display market is segmented into diagnostic, surgical/ interventional, dentistry and other applications (clinical review, education and conferencing & training). The surgical/ interventional segment is expected to grow at the highest CAGR during the forecast period. Factors such as increasing preference for minimally invasive surgeries and the high adoption of hybrid operating room displays are the key driving factors of this market segment.

“Latin America is projected to witness the highest growth during the forecast period.”

North America held the largest share of the global medical display market in 2017.On the other hand, Latin America is expected to witness the highest CAGR during the forecast period. Factors such as government incentive programs, hospital building projects, rapid transition to digital technology are driving the Latin American market.

Break of primary participants was as mentioned below:


  • By Company Type – Tier 1–38%, Tier 2–27% and Tier 3–35%

  • By Designation – C-level–28%, Director Level–42%, Others–30%

  • By Region – North America–36%, Europe–24%, Asia Pacific–17%, Rest of the World–23%


Prominent players in the healthcare medical display market are Barco (Belgium), EIZO (Japan), Sony (Japan), LG Display (South Korea), Novanta (US), FSN Medical (South Korea), Advantech (Taiwan), Quest International (US), STERIS (UK), Jusha Medical (China), Double Black Imaging (US), Dell (US), HP (US), Shenzhen Beacon Display (China), COJE Display (South Korea), and Axiomtek (Taiwan).

Research Coverage:

The report analyzes the various medical displays and their adoption patterns. It aims at estimating the market size and future growth potential of the global medical display market for different segments such as technology, panel size, resolution, display color, application, and region. The report also includes an in-depth competitive analysis of key players in this market along with their company profiles, product offerings, recent developments, and key market strategies.

Reasons to Buy the Report

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market. Firms purchasing the report could use one or any combination of the below-mentioned five strategies for strengthening the market, which in turn could help them garner a greater market share.

This report provides insights on the following pointers:


  • Market Penetration: Comprehensive information on product portfolios offered by the top players in the global medical display market. The report analyzes the global medical display market by technology, panel size, resolution, display color, application, and region

  • Product Development/Innovation: Detailed insights on upcoming trends and product launches in the global medical display market

  • Market Development: Comprehensive information on the lucrative emerging regions by technology, panel size, resolution, display color, and application

  • Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the global medical display market

  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and products of leading players in the global medical display market.

Medical Display Market by Technology (LED, OLED) Panel Size (≤22.9”, 27.0-41.9”, ≥42”) Resolution (≤2MP, 4.1-8MP, ≥8MP), Application (Radiology, Mammography, Digital Pathology, Multi-modality, Surgical), & Display color - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Limitations
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Approach
2.1.1 Secondary Sources
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Sources
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Data From Primary Sources
2.1.2.3 Key Industry Insights
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Market Overview
4.2 Medical Display Market, By Application & Region
4.3 Market: Geographic Snapshot
4.4 Market: Regional Mix
4.5 Medical Display Market, Developing Countries vs Developed Countries

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Adoption of Hybrid Operating Rooms
5.2.1.2 Short Replacement Cycles of Medical Displays
5.2.1.3 Increasing Preference for Minimally Invasive Treatments
5.2.1.4 Rising Number of Diagnostic Imaging Centers
5.2.2 Restraints
5.2.2.1 Market Saturation in Developed Countries
5.2.2.2 Increasing Adoption of Refurbished Medical Displays
5.2.3 Opportunities
5.2.3.1 Development of Healthcare Infrastructure in Emerging Markets
5.2.3.2 Technological Advancements
5.2.4 Challenges
5.2.4.1 Adoption of Consumer-Grade Displays
5.2.4.2 Fluctuating Average Selling Prices of Display Panels

6 Industry Insights
6.1 Regulatory Analysis
6.2 Technology Trends
6.2.1 Multi-Modality Displays
6.2.2 Panel Technology Advancements
6.2.3 Virtual and Augmented Reality Technologies
6.3 Value Chain Analysis

7 Medical Display Market, By Technology
7.1 Introduction
7.2 LED-Backlit LCD
7.3 CCFL-Backlit LCD
7.4 OLED

8 Medical Display Market, By Panel Size
8.1 Introduction
8.2 Under-22.9-Inch Panels
8.3 23.0–26.9-Inch Panels
8.4 27.0–41.9-Inch Panels
8.5 Above-42-Inch Panels

9 Medical Display Market, By Resolution
9.1 Introduction
9.2 Up to 2mp Resolution Displays
9.3 2.1–4mp Resolution Displays
9.4 4.1–8mp Resolution Displays
9.5 Above 8mp Resolution Displays

10 Medical Display Market, By Display Color
10.1 Introduction
10.2 Color Displays
10.3 Monochrome Displays

11 Medical Display Market, By Application
11.1 Introduction
11.2 Diagnostic Applications
11.2.1 General Radiology
11.2.2 Mammography
11.2.3 Digital Pathology
11.2.4 Multi-Modality Applications
11.3 Surgical/Interventional Applications
11.4 Dentistry
11.5 Other Applications

12 Medical Display Market, By Region
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Rest of APAC
12.5 Latin America
12.6 Middle East & Africa

13 Competitive Landscape
13.1 Overview
13.2 Market Player Ranking
13.3 Competitive Scenario
13.3.1 Product Launches and Enhancements
13.3.2 Partnerships, Joint Ventures, & Agreements
13.3.3 Acquisitions
13.3.4 Expansions
13.4 Product Portfolio Analysis

14 Company Profiles
(Overview, Strength of Product Portfolio, Business Strategy Excellence, Products Offering, and Recent Developments)*
14.1 Barco
14.2 Eizo
14.3 Sony
14.4 LG Display
14.5 Novanta
14.6 FSN
14.7 Advantech
14.8 Quest International
14.9 Steris
14.10 Jusha Medical
14.11 Siemens
14.12 Other Market Players

*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Products Offering, and Recent Developments Might Not Be Captured in Case of Unlisted Companies.

15 Appendix
15.1 Insights of Industry Experts
15.2 Discussion Guide
15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.4 Introducing RT: Real-Time Market Intelligence
15.5 Available Customizations
15.6 Related Reports
15.7 Author Details

List of Tables

Table 1 FDA Recommended Physical Laboratory Tests for Radiology Displays
Table 2 Minimum & Recommended Specifications By Royal College of Radiology, UK
Table 3 Medical Display Market, By Technology, 2016–2023 (USD Million)
Table 4 LED Display, By Size
Table 5 LED-Backlit LCD Display Market, By Country/Region, 2016–2023 (USD Million)
Table 6 CCFL-Backlit LCD Display Market, By Country/Region, 2016–2023 (USD Million)
Table 7 OLED Display Market, By Country/Region, 2016–2023 (USD Million)
Table 8 Market, By Panel Size, 2016–2023 (USD Million)
Table 9 Medical Display Market for Under-22.9-Inch Panels, By Country/Region, 2016-2023 (USD Million)
Table 10 Market for 23.0–26.9-Inch Panels, By Country/Region, 2016-2023 (USD Million)
Table 11 Market for 27.0–41.9-Inch Panels, By Country/Region, 2016-2023 (USD Million)
Table 12 Market for Above-42-Inch Panels, By Country/Region, 2016-2023 (USD Million)
Table 13 Market, By Resolution, 2016–2023 (USD Million)
Table 14 Market for Up to 2mp Resolution Displays, By Country/Region, 2016–2023 (USD Million)
Table 15 Market for 2.1–4mp Resolution Displays, By Country/Region, 2016–2023 (USD Million)
Table 16 Market for 4.1–8mp Resolution Displays, By Country/Region, 2016–2023 (USD Million)
Table 17 Medical Display Market for Above 8mp Resolution Displays, By Country/Region, 2016–2023 (USD Million)
Table 18 Market, By Display Color, 2016–2023 (USD Million)
Table 19 Color Displays Market, By Country/Region, 2016–2023 (USD Million)
Table 20 Monochrome Displays Market, By Country/Region, 2016–2023 (USD Million)
Table 21 Medical Display Market, By Application, 2016–2023 (USD Million)
Table 22 Market for Diagnostic Applications, By Type, 2016–2023 (USD Million)
Table 23 Market for Diagnostic Applications, By Country/Region, 2016–2023 (USD Million)
Table 24 Major Products in the Market
Table 25 Volume of Radiology Exams, By Country, 2013 to 2016
Table 26 Market for General Radiology Applications, By Country/Region, 2016–2023 (USD Million)
Table 27 US: Estimated New Breast Cancer Cases and Deaths in Females (2017)
Table 28 Major Products in the Market
Table 29 Medical Display Market for Mammography Applications, By Country/Region, 2016–2023 (USD Million)
Table 30 Major Products in the Market
Table 31 Market for Digital Pathology Applications, By Country/Region, 2016–2023 (USD Million)
Table 32 Major Products in the Market
Table 33 Medical Display Market for Multi-Modality Applications, By Country/Region, 2016–2023 (USD Million)
Table 34 Major Products in the Market
Table 35 Market for Surgical/Interventional Applications, By Country/Region, 2016–2023 (USD Million)
Table 36 Major Products in the Market
Table 37 Medical Display Market for Dentistry Applications, By Country/Region, 2016–2023 (USD Million)
Table 38 Major Products in the Market
Table 39 Market for Other Applications, By Country/Region, 2016–2023 (USD Million)
Table 40 Market, By Region, 2016–2023 (USD Million)
Table 41 North America: Medical Display Market, By Country, 2016–2023 (USD Million)
Table 42 North America: Market, By Technology, 2016–2023 (USD Million)
Table 43 North America: Market, By Panel Size, 2016–2023 (USD Million)
Table 44 North America: Market, By Resolution, 2016–2023 (USD Million)
Table 45 North America: Market, By Display Color, 2016–2023 (USD Million)
Table 46 North America: Medical Display Market, By Application, 2016–2023 (USD Million)
Table 47 North America: Market for Diagnostic Applications, By Type, 2016–2023 (USD Million)
Table 48 US: Market, By Technology, 2016–2023 (USD Million)
Table 49 US: Market, By Panel Size, 2016–2023 (USD Million)
Table 50 US: Market, By Resolution, 2016–2023 (USD Million)
Table 51 US: Market, By Display Color, 2016–2023 (USD Million)
Table 52 US: Market, By Application, 2016–2023 (USD Million)
Table 53 US: Medical Display Market for Diagnostic Applications, By Type, 2016–2023 (USD Million)
Table 54 Canada: Market, By Technology, 2016–2023 (USD Million)
Table 55 Canada: Market, By Panel Size, 2016–2023 (USD Million)
Table 56 Canada: Market, By Resolution, 2016–2023 (USD Million)
Table 57 Canada: Medical Display Market, By Display Color, 2016–2023 (USD Million)
Table 58 Canada: Market, By Application, 2016–2023 (USD Million)
Table 59 Canada: Market for Diagnostic Applications, By Type, 2016–2023 (USD Million)
Table 60 Europe: Market, By Country/Region, 2016–2023 (USD Million)
Table 61 Europe: Market, By Technology, 2016–2023 (USD Million)
Table 62 Europe: Medical Display Market, By Panel Size, 2016–2023 (USD Million)
Table 63 Europe: Market, By Resolution, 2016–2023 (USD Million)
Table 64 Europe: Market, By Display Color, 2016–2023 (USD Million)
Table 65 Europe: Market, By Application, 2016–2023 (USD Million)
Table 66 Europe: Market for Diagnostic Applications, By Type, 2016–2023 (USD Million)
Table 67 Germany: Medical Display Market, By Technology, 2016–2023 (USD Million)
Table 68 Germany: Market, By Panel Size, 2016–2023 (USD Million)
Table 69 Germany: Market, By Resolution, 2016–2023 (USD Million)
Table 70 Germany: Market, By Display Color, 2016–2023 (USD Million)
Table 71 Germany: Market, By Application, 2016–2023 (USD Million)
Table 72 Germany: Market for Diagnostic Applications, By Type, 2016–2023 (USD Million)
Table 73 UK: Medical Display Market, By Technology, 2016–2023 (USD Million)
Table 74 UK: Market, By Panel Size, 2016–2023 (USD Million)
Table 75 UK: Market, By Resolution, 2016–2023 (USD Million)
Table 76 UK: Market, By Display Color, 2016–2023 (USD Million)
Table 77 UK: Market, By Application, 2016–2023 (USD Million)
Table 78 UK: Medical Display Market for Diagnostic Applications, By Type, 2016–2023 (USD Million)
Table 79 France: Market, By Technology, 2016–2023 (USD Million)
Table 80 France: Market, By Panel Size, 2016–2023 (USD Million)
Table 81 France: Market, By Resolution, 2016–2023 (USD Million)
Table 82 France: Market, By Display Color, 2016–2023 (USD Million)
Table 83 France: Market, By Application, 2016–2023 (USD Million)
Table 84 France: Medical Display Market for Diagnostic Applications, By Type, 2016–2023 (USD Million)
Table 85 RoE: Market, By Technology, 2016–2023 (USD Million)
Table 86 RoE: Market, By Panel Size, 2016–2023 (USD Million)
Table 87 RoE: Market, By Resolution, 2016–2023 (USD Million)
Table 88 RoE: Market, By Display Color, 2016–2023 (USD Million)
Table 89 RoE: Market, By Application, 2016–2023 (USD Million)
Table 90 RoE: Market for Diagnostic Applications, By Type, 2016–2023 (USD Million)
Table 91 APAC: Market, By Country/Region, 2016–2023 (USD Million
Table 92 APAC: Market, By Technology, 2016–2023 (USD Million)
Table 93 APAC: Medical Display Market, By Panel Size, 2016–2023 (USD Million)
Table 94 APAC: Market, By Resolution, 2016–2023 (USD Million)
Table 95 APAC: Market, By Display Color, 2016–2023 (USD Million)
Table 96 APAC: Market, By Application, 2016–2023 (USD Million)
Table 97 APAC: Market for Diagnostic Applications, By Type, 2016–2023 (USD Million)
Table 98 Japan: Market, By Technology, 2016–2023 (USD Million)
Table 99 Japan: Market, By Panel Size, 2016–2023 (USD Million)
Table 100 Japan: Market, By Resolution, 2016–2023 (USD Million)
Table 101 Japan: Medical Display Market, By Display Color, 2016–2023 (USD Million)
Table 102 Japan: Market, By Application, 2016–2023 (USD Million)
Table 103 Japan: Market for Diagnostic Applications, By Type, 2016–2023 (USD Million)
Table 104 China: Market, By Technology, 2016–2023 (USD Million)
Table 105 China: Market, By Panel Size, 2016–2023 (USD Million)
Table 106 China: Market, By Resolution, 2016–2023 (USD Million)
Table 107 China: Market, By Display Color, 2016–2023 (USD Million)
Table 108 China: Medical Display Market, By Application, 2016–2023 (USD Million)
Table 109 China: Market for Diagnostic Applications, By Type, 2016–2023 (USD Million)
Table 110 India: Market, By Technology, 2016–2023 (USD Million)
Table 111 India: Market, By Panel Size, 2016–2023 (USD Million)
Table 112 India: Market, By Resolution, 2016–2023 (USD Million)
Table 113 India: Market, By Display Color, 2016–2023 (USD Million)
Table 114 India: Market, By Application, 2016–2023 (USD Million)
Table 115 India: Medical Display Market for Diagnostic Applications, By Type, 2016–2023 (USD Million)
Table 116 RoAPAC: Market, By Technology, 2016–2023 (USD Million)
Table 117 RoAPAC: Market, By Panel Size, 2016–2023 (USD Million)
Table 118 RoAPAC: Market, By Resolution, 2016–2023 (USD Million)
Table 119 RoAPAC: Market, By Display Color, 2016–2023 (USD Million)
Table 120 RoAPAC: Medical Display Market, By Application, 2016–2023 (USD Million)
Table 121 RoAPAC: Market for Diagnostic Applications, By Type, 2016–2023 (USD Million)
Table 122 Latin America: Market, By Technology, 2016–2023 (USD Million)
Table 123 Latin America: Market, By Panel Size, 2016–2023 (USD Million)
Table 124 Latin America: Market, By Resolution, 2016–2023 (USD Million)
Table 125 Latin America: Market, By Display Color, 2016–2023 (USD Million)
Table 126 Latin America: Market, By Application, 2016–2023 (USD Million)
Table 127 Latin America: Market for Diagnostic Applications, By Type, 2016–2023 (USD Million)
Table 128 Middle East & Africa: Market, By Technology, 2016–2023 (USD Million)
Table 129 Middle East & Africa: Medical Display Market, By Panel Size, 2016–2023 (USD Million)
Table 130 Middle East & Africa: Market, By Resolution, 2016–2023 (USD Million)
Table 131 Middle East & Africa: Market, By Display Color, 2016–2023 (USD Million)
Table 132 Middle East & Africa: Market, By Application, 2016–2023 (USD Million)
Table 133 Middle East & Africa: Market for Diagnostic Applications, By Type, 2016–2023 (USD Million)
Table 134 Growth Strategy Matrix (2014–2018)
Table 135 Medical Display Market Ranking, By Key Player, 2017
Table 136 Product Launches & Enhancements, 2014–2018
Table 137 Partnerships, Joint Ventures, & Agreements, 2014–2018
Table 138 Acquisitions, 2014–2018
Table 139 Expansions, 2014–2017
Table 140 Product Portfolio Analysis of Major Players

List of Figures

Figure 1 Medical Display Market Segmentation
Figure 2 Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Market, By Technology, 2018 vs 2023 (USD Million)
Figure 8 Market, By Panel Size, 2018 vs 2023 (USD Million)
Figure 9 Market, By Resolution, 2018 vs 2023 (USD Million)
Figure 10 Medical Display Market, By Display Color, 2018 vs 2023 (USD Million)
Figure 11 Global Market, By Application, 2018 vs 2023 (USD Million)
Figure 12 Geographical Snapshot of the Market
Figure 13 Growing Adoption of Hybrid Ors to Drive the Growth of the Market
Figure 14 Diagnostic Applications Segment Commanded the Largest Share of the Medical Display Market in 2017
Figure 15 US Accounted for the Largest Share of the Market in 2017
Figure 16 Latin America to Register the Highest CAGR During the Forecast Period
Figure 17 Developing Countries to Register A Higher Growth Rate During the Forecast Period
Figure 18 Global Market: Drivers, Restraints, Opportunities, and Challenges
Figure 19 Market: Value Chain Analysis
Figure 20 OLED Displays to Register the Highest Growth Rate During the Forecast Period
Figure 21 Under-22.9-Inch Panels Will Continue to Dominate the Market in 2023
Figure 22 4.1–8mp Resolution Displays Segment Will Continue to Dominate the Market By 2023
Figure 23 Color Displays Will Continue to Dominate the Market in 2023
Figure 24 Diagnostic Applications Segment Will Continue to Dominate the Medical Display Market By 2023
Figure 25 Market: Geographic Snapshot
Figure 26 North America: Market Snapshot
Figure 27 Number of Hospitals in the European Union, 2006–2013
Figure 28 Number of Ambulatory Healthcare Centers in Germany, 2006–2010
Figure 29 APAC: Medical Display Market Snapshot
Figure 30 Product Launches & Enhancements Was the Most Widely Adopted Growth Strategy By Market Players Between 2014 and 2018
Figure 31 Barco: Company Snapshot (2016)
Figure 32 Eizo: Company Snapshot (2017)
Figure 33 Sony: Company Snapshot (2017)
Figure 34 LG Display: Company Snapshot (2016)
Figure 35 Novanta: Company Snapshot (2016)
Figure 36 Advantech: Company Snapshot (2016)
Figure 37 Steris: Company Snapshot (2017)
Figure 38 Siemens: Company Snapshot (2017)

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