Medical Display Market

Medical Display Market Outlook (2024 to 2034)

The global medical display market size is anticipated to be worth USD 4.3 billion by 2034. According to the estimates, the market is projected to clock a 5.3% CAGR until 2034. In 2024, the medical display market size is valued at USD 2.6 billion.

Attributes	Details
Medical Display Market Size, 2023	USD 2.4 billion
Medical Display Market Size, 2024	USD 2.6 billion
Medical Display Market Size, 2034	USD 4.3 billion
Value CAGR (2024 to 2034)	5.3%

Key Market Highlights

Developing Dual-modality Displays for Hybrid Imaging Presents Opportunities for Manufacturers

Medical display manufacturers have an exceptional opportunity to create displays, especially for dual-modality imaging applications like PET-CT or PET-MRI. These medical screens improve diagnosis accuracy in advanced imaging situations by seamlessly combining and presenting data from different imaging modalities.

This chance to specialize can fulfill the specific requirements of medical professionals in advanced diagnostics and oncology. Businesses in the medical display industry can advertise themselves as suppliers of critical instruments for precision diagnosis in intricate medical circumstances by offering displays designed for hybrid imaging.

Demand for Higher Resolution and 3D Imaging Capabilities Rises in the Market

Improvements in patient outcomes and diagnostic accuracy drive demand for medical displays with greater resolution and 3D imaging capabilities. Investing in cutting-edge display systems gives healthcare organizations a competitive advantage in providing excellent medical imaging services.

By allowing medical professionals to see minute details in medical pictures, these displays have a strong value proposition and help doctors make more accurate diagnoses and customized treatment regimens.

In order to take advantage of the increasing demand for cutting-edge imaging solutions, producers that can create and distribute high-resolution, 3D-capable medical displays are expected to expand their market share.

Incorporating Advanced Eye-tracking Technologies Revolutionizes Healthcare Landscape

In order to better comprehend and optimize user interactions in diagnostic and research applications, medical imaging displays have integrated cutting-edge eye-tracking technology. Businesses that follow this approach present their displays as instruments for a comprehensive investigation of diagnostic decision-making procedures.

By using eye-tracking technology, medical display manufacturers can offer useful information about how people focus their attention visually while interpreting medical images.

This trend positions enterprises as leaders in increasing the scientific knowledge of healthcare diagnostic procedures, in line with the industry's pursuit of technologies that improve research capacity and advance the understanding of visual cognition in medical contexts.

Medical Display Market Trends Analysis

Trends	AI integration in medical displays is growing in popularity. In order to improve the precision and effectiveness of diagnosis, medical displays that support AI applications-such as image recognition and computer-aided diagnosis-are in high demand. Organic Light Emitting Diode (OLED) technology is growing increasingly popular in the medical display industry. Applications requiring high picture quality, such as medical imaging, are especially well suited for this technology. The demand for medical displays that provide remote viewing and collaboration is rising along with the growing popularity of telemedicine and remote healthcare services. Customized displays are necessary to accommodate the growing trend of hybrid operating rooms, which blend cutting-edge imaging and diagnostic capabilities with conventional surgical methods. Medical displays in these environments must connect seamlessly with other medical devices, real-time imaging, and 3D visualization. Environmental sustainability has become a significant concern in numerous industries, including healthcare. Manufacturers want to create medical imaging displays with lower environmental impact, energy consumption, and recyclability.
Opportunities	Businesses at the vanguard of technological innovation can benefit greatly from displays that integrate artificial intelligence, augmented reality, and improved diagnostic capabilities. The trend toward decentralized healthcare and the growth of point-of-care imaging presents opportunities to create portable and customized medical displays that support on-the-spot diagnostics in various healthcare settings. The increased focus on personalized care creates opportunities for medical displays with features that can be customized to match individual workflows and preferences. Advanced data analytics and business intelligence technologies combined with medical displays give organizations a unique chance to offer all-inclusive solutions. Manufacturers have a great opportunity to provide clinical displays with configurable skin-color calibration for dermatological imaging.
Challenges	Conventional medical displays face risks from emerging alternative imaging technologies, including holographic imaging and creative light-field displays. Medical displays that have restricted interoperability can prove problematic, given the existence of outdated healthcare systems. To minimize interruptions and increase user acceptance, manufacturers must guarantee that their displays can be easily integrated with the current healthcare IT infrastructure.

Category-wise Insights

Desktops to Dominate as the Leading Device for the Coming Decade

Segment	Desktop (Device)
Value CAGR (2024 to 2034)	5.0%

Based on device, the desktop segment is projected to thrive at a 5.0% CAGR through 2034.

• Superior medical-grade desktop monitors are more expensive than specialist displays in some diagnostic applications, yet they still provide more affordable options. The popularity of desktop devices in the medical display industry is driven by this cost-effectiveness, which appeals to healthcare institutions trying to compromise budgetary restraints and performance needs.
• Desktop medical displays are becoming increasingly prevalent in specific diagnostic uses, such as computer-aided diagnosis (CAD) and mammography. High-performance displays that meet strict medical imaging requirements, have ideal contrast ratios, higher brightness, and comply with strict imaging guidelines are required in niche medical diagnostics markets. Desktop monitors are essential instruments designed to satisfy the stringent requirements of these specialist medical fields.

The 22.9 Inch Panel Continues to be the Preferred Panel Size in the Market

Segment	22.9 Inches (Panel Size)
Value CAGR (2024 to 2034)	4.8%

Based on panel size, the 22.9 inches segment is anticipated to thrive at a 4.8% CAGR through 2034.

• The 22.9-inch size satisfies the market need for a mid-range medical display size. It meets the needs of healthcare practitioners and organizations looking for a display size that provides a balanced blend of affordability, usefulness, and flexibility to fit different diagnostic situations.
• The 22.9-inch dimension is well-suited to the rapidly changing landscape of diagnostic technologies, encompassing developments in diagnostic software and imaging modalities. Because of its adaptability, healthcare institutions can effortlessly incorporate new technologies into their operations without making significant adjustments to their medical display infrastructure, making it a future-proof solution in the healthcare industry.

Country-wise Insights

Countries	Value CAGR (2024 to 2034)
United States	5.6%
United Kingdom	4.3%
China	6.0%
Japan	6.5%
South Korea	3.1%

Growing Adoption of AI-powered Decision Support Systems Foster Growth in the United States

The demand for medical displays in the United States is projected to rise at a 5.6% CAGR through 2034.

• Artificial intelligence (AI) for diagnostic help is becoming increasingly prevalent in the United States' healthcare system. Healthcare workers are increasingly using diagnostic displays that are connected with AI-powered decision support systems to help them with image interpretation. As the industry embraces modern technologies, there is a strategic response to the need for healthcare displays that seamlessly include AI algorithms, offering real-time information during diagnostics.
• Patient education and involvement are becoming increasingly important as patient-centric healthcare models develop in the United States. Clinical displays supporting patient education and joint patient-provider decision-making are increasingly popular. The realization that healthcare displays are useful for diagnosis and improving patient comprehension and treatment plan participation is fueling industry development.

Rising Focus on Sustainability and Green Healthcare Practices Boosts Sales in the United Kingdom

The sales of medical displays in the United Kingdom are expected to surge at a 4.3% CAGR through 2034.

• The United Kingdom's growing emphasis on environmentally friendly healthcare procedures and sustainability influences the medical display industry. Energy-efficient displays that support sustainable healthcare practices are growing increasingly popular. Healthcare providers devoted to sustainability are drawn to displays because of their strategic positioning as eco-friendly solutions, driving the expansion.
• The healthcare sector in the United Kingdom is strategically implementing remote patient monitoring technologies, impacting the demand for medical displays. Enhancing patient outcomes and making the most use of healthcare resources are aims that align with displays that provide remote viewing and monitoring of patient data, particularly in home healthcare settings. The growing importance of medical imaging displays in enabling successful remote patient monitoring programs propels the market development.

Proliferation of Digital Health and Mobile Health Solutions Spurs Sales in China

The medical display market growth in China is estimated at a 6.0% CAGR through 2034.

• The growth of the medical display industry in China is primarily attributed to the widespread use of mobile health and digital health solutions. In order to cater to the changing demands and preferences of healthcare customers in the area, clinical viewing monitors that allow remote diagnostics, enable telehealth consultations and interface smoothly with mobile platforms can be positioned strategically.
• One distinct factor propelling the growth of the medical display market is China's growing emphasis on genetic research and precision medicine. The country's emphasis on customized healthcare is strategically aligned with healthcare displays that allow genetic data to be examined alongside medical imaging. The growing awareness of displays as essential instruments for furthering precision medicine initiatives drives this growth.

Integration with Robotics and AI in Surgical Procedures Fuels Growth in Japan

The demand for medical displays in Japan is anticipated to expand at a 6.5% CAGR through 2034.

• The advancement of robots and artificial intelligence (AI) in healthcare, spearheaded by Japan, presents prospects for diagnostic displays. Strategic significance is gained by displays that interact smoothly with AI-driven surgical planning and robotically assisted surgical systems. The rise in demand stems from the necessity of facilitating sophisticated surgical techniques and improving the accuracy of medical operations.
• The demand for interoperable medical displays is fueled by Japan's significant expenditures in healthcare IT infrastructure. Effectively positioned displays interface easily with Radiology Information Systems (RIS), Picture Archiving and Communication Systems (PACS) displays, and Electronic Health Records (EHR). The necessity of promoting a unified and technologically sophisticated healthcare environment boosts the expansion.

Swift Adoption of Wearable Technologies Bolsters Market Expansion in South Korea

The sales of medical displays in South Korea are expected to increase at a 3.1% CAGR through 2034.

• The fast adoption of wearable health technology in South Korea influences the medical display industry. Strategic importance is added to healthcare displays that connect wearable devices for health monitoring and diagnosis. The need to support the nation's expanding ecosystem of wearable health solutions propels the growth.
• In South Korea, the increasing awareness of mental health issues puts medical-grade displays in a crucial position. Displays that aid in mental health evaluations and enable diagnostic imaging in psychiatry are becoming increasingly important. The growth is driven by the need to address mental health concerns and contribute to all-encompassing healthcare solutions.

Competitive Landscape

The medical display market is highly competitive, with prominent competitors fighting for market dominance and technical leadership. Established industry giants, such as Barco NV, Eizo Corporation, and Sony Corporation, lead the market by utilizing their diverse product portfolios, global presence, and widespread industry partnerships.

These companies prioritize ongoing innovation, spending extensively in R&D to provide cutting-edge technology such as high-resolution screens, AI integration, and enhanced color calibration to satisfy the changing demands of the healthcare industry.

Recent Developments

• In October 2023, Jusha Medical launched its new 8MP color diagnostic monitor, C820G. As a new generation of 8MP medical displays, the C820 uses industry-leading display technology with excellent resolution, brightness, and color depth.
• In May 2023, LG Electronics (LG) introduced a new 31.5-inch diagnostic monitor using an in-plane switching (IPS) Black panel. The device, model number 32HQ713D, is LG's first medical monitor to include IPS Black technology.

Key Players in the Medical Display Market

• Barco NV
• Eizo Corporation
• Sony Corporation
• NDS Surgical Imaging
• Totoku Electric Co., Ltd.
• Siemens Healthineers
• GE Healthcare
• Philips Healthcare

Key Coverage in the Medical Display Market Report

• Adjacent Study on Medical Monitor Market, Medical Imaging Display Market, Holographic Display Market, and Medical Diagnostics Market
• United States Medical Display Monitors Market
• Competition Analysis in the Medical Display Market with Focus on LG’s, Kortek’s, FujiFilm, and Panasonic’s Strategy
• Insights into the Medical Device Technology Industry Trends

Medical Display Market Segmentation

By Device:

• Desktop
• Mobile
• All in one

By Panel Size:

• Up to 22.9 inches
• 23.0 to 26.9 inches
• 27.0 to 41.9 inches
• Above 42 inches

By Resolution:

• Up to 2 Mp
• 2.1 to 4 Mp
• 4.1 to 8 Mp
• Above 8 Mp

By Application:

• Multi-Modality
• Digital Pathology
• Radiology
• Surgical
• Mammography

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• Japan

Frequently Asked Questions

How Big is the Medical Display Market?

The medical display market is valued at USD 2.6 billion in 2024.

What is the Projected CAGR of the Medical Display Market?

The medical display market size is estimated to increase at a 5.3% CAGR through 2034.

What is the Future Outlook for the Medical Display Market?

The medical display market is anticipated to be worth USD 4.3 billion by 2034.

Which is the Leading Device in the Medical Display Market?

Desktops witness high demand in the industry.

Which Country is Rising at a Higher CAGR in the Medical Display Market?

The medical display market in Japan is predicted to rise at a 6.5% CAGR through 2034.