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Medical Display Market by Product and Geography - Forecast and Analysis 2021-2025

Medical Display Market by Product and Geography - Forecast and Analysis 2021-2025

Published: Feb 2021 120 Pages SKU: IRTNTR70131

The medical display market size has the potential to grow by USD 486.40 mn during 2021-2025, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by product (LCD and OLED) and geography (North America, Europe, APAC, MEA, and South America). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including Advantech Co. Ltd., Axiomtek Co. Ltd., Barco NV, Dell Technologies Inc., Double Black Imaging, EIZO Inc., FSN Medical Technologies, HP Inc., LG Electronics Inc., and Novanta Inc..

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Market Competitive Analysis

The medical display market is fragmented. Advantech Co. Ltd., Axiomtek Co. Ltd., Barco NV, Dell Technologies Inc., Double Black Imaging, EIZO Inc., FSN Medical Technologies, HP Inc., LG Electronics Inc., and Novanta Inc. are some of the major market participants. Factors such as growing number of medical establishments, increasing demand for imaging systems in diagnostic centers, and rising adoption of hybrid ors will offer immense growth opportunities. However, high price of medical displays, development of 3d medical display systems, and stringent regulations for medical displays may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this US medical display monitors market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the US medical display monitors market's competitive landscape and offers insights into the products offered by various companies. Moreover, this medical display market analysis report provides information on the upcoming trends and challenges that will influence market growth in the US. This comprehensive analysis will help companies formulate strategies to capitalize on future growth opportunities in the US medical display monitors market, ensuring they stay competitive and meet evolving consumer demands effectively.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Advantech Co. Ltd.
  • Axiomtek Co. Ltd.
  • Barco NV
  • Dell Technologies Inc.
  • Double Black Imaging
  • EIZO Inc.
  • FSN Medical Technologies
  • HP Inc.
  • LG Electronics Inc.
  • Novanta Inc.

Medical Display Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2021-2025

USD 486.40 million

Market structure

Fragmented

YoY growth (%)

3.12

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 42%

Key consumer countries

US, China, France, Germany, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Advantech Co. Ltd., Axiomtek Co. Ltd., Barco NV, Dell Technologies Inc., Double Black Imaging, EIZO Inc., FSN Medical Technologies, HP Inc., LG Electronics Inc., and Novanta Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

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Medical Display Market: Segmentation by Geography

Medical-Display-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis regarding the current Global market scenario, latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. The increasing demand for imaging systems in diagnostic centers will significantly influence medical display market's growth in this region.

42% of the market's growth will originate from North America during the forecast period. US | China | France | Germany | India are the key markets for medical display market  in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the medical display market size.

Medical Display Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive medical display market growth during the next five years
  • Precise estimation of the medical display market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the medical display market industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of medical display market vendors

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Table of Contents not available.

Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Medical Display market growth will increase by 486.40 million during 2020-2025.

The Medical Display market is expected to grow at a CAGR of 4.83% during 2020-2025.

Medical Display market is segmented by Product( LCD, OLED) Geographic( North America, Europe, APAC, MEA, South America)

Advantech Co. Ltd., Axiomtek Co. Ltd., Barco NV, Dell Technologies Inc., Double Black Imaging, EIZO Inc., FSN Medical Technologies, HP Inc., LG Electronics Inc., Novanta Inc. are a few of the key vendors in the Medical Display market.

North America will register the highest growth rate of 41.56% among the other regions. Therefore, the Medical Display market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

US, China, France, Germany, India

  • Growing number of medical establishments is the driving factor this market.

The Medical Display market vendors should focus on grabbing business opportunities from the LCD segment as it accounted for the largest market share in the base year.