Medical Display Market

Executive Summary

Medical Display Market was valued at US $2.51 billion in 2021 and is projected to grow at 6.77% CAGR over the forecast period to reach US $3.72 billion by 2027. Medical Display Market represented US $0.31 billion opportunity over 2019-2021 and estimated to create US $1.21 billion opportunity in 2027 over 2021.

Medical Display from Consainsights analyses the Medical Display Market in the Life Sciences industry over the forecast period to 2027.

Medical Display research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Medical Display segmentation includes Technology, Panel Size, Resolution, Display Color, Application, Region and Geography.

Based on the Technology, the Medical Display analysis covers LED-Backlit LCD, CCFL-Backlit LCD, OLED.

In Technology segment, LED-Backlit LCD segment has highest cagr growth of 6.00%.

Based on the Panel Size, the Medical Display analysis covers Under-22.9-Inch Panels, 23.0-26.9-Inch Panels, 27.0-41.9-Inch Panels, Above-42-Inch Panels.

In Panel Size segment, Under-22.9-Inch Panels segment has highest cagr growth of 6.00%.

Based on the Resolution, the Medical Display analysis covers Up to 2mp Resolution Displays, 2.1-4mp Resolution Displays, 4.1-8mp Resolution Displays, Above 8mp Resolution Displays.

In Resolution segment, Up to 2mp Resolution Displays segment has highest cagr growth of 6.00%.

Based on the Display Color, the Medical Display analysis covers Color Displays, Monochrome Displays.

In Display Color segment, Color Displays segment has highest cagr growth of 6.00%.

Based on the Application, the Medical Display analysis covers Diagnostic Applications, Surgical/Interventional Applications, Dentistry, Other Applications.

In Application segment, Diagnostic Applications segment has highest cagr growth of 6.00%.

Based on the Region, the Medical Display analysis covers North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

In Region segment, North America segment has highest cagr growth of 6.00%.

Based on the region, the Medical Display analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Market Overview

Definition & Scope

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.

The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.

The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.

Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.

Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.

As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

Currency, Year & Forecast

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.

For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.

For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

Technology

Introduction

In 2021, LED-Backlit LCD segment has the highest revenue of US $1.01 billion and is expected to grow at CAGR of 6.00% by 2027 LED-Backlit LCD segment has highest cagr growth of 6.00%.

LED-Backlit LCD

LED-Backlit LCD segment was valued at US $0.89 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $1.50 billion by 2027. LED-Backlit LCD segment represented US $0.12 billion opportunity over 2019-2021 and estimated to create US $0.49 billion opportunity in 2027 over 2021.

CCFL-Backlit LCD

CCFL-Backlit LCD segment was valued at US $0.63 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $1.06 billion by 2027. CCFL-Backlit LCD segment represented US $0.09 billion opportunity over 2019-2021 and estimated to create US $0.34 billion opportunity in 2027 over 2021.

OLED

OLED segment was valued at US $0.69 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $1.16 billion by 2027. OLED segment represented US $0.10 billion opportunity over 2019-2021 and estimated to create US $0.38 billion opportunity in 2027 over 2021.

Panel Size

Introduction

In 2021, Under-22.9-Inch Panels segment has the highest revenue of US $1.10 billion and is expected to grow at CAGR of 6.00% by 2027 Under-22.9-Inch Panels segment has highest cagr growth of 6.00%.

Under-22.9-Inch Panels

Under-22.9-Inch Panels segment was valued at US $0.97 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $1.64 billion by 2027. Under-22.9-Inch Panels segment represented US $0.14 billion opportunity over 2019-2021 and estimated to create US $0.53 billion opportunity in 2027 over 2021.

23.0-26.9-Inch Panels

23.0-26.9-Inch Panels segment was valued at US $0.50 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $0.84 billion by 2027. 23.0-26.9-Inch Panels segment represented US $0.07 billion opportunity over 2019-2021 and estimated to create US $0.27 billion opportunity in 2027 over 2021.

27.0-41.9-Inch Panels

27.0-41.9-Inch Panels segment was valued at US $0.64 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $1.09 billion by 2027. 27.0-41.9-Inch Panels segment represented US $0.09 billion opportunity over 2019-2021 and estimated to create US $0.35 billion opportunity in 2027 over 2021.

Above-42-Inch Panels

Above-42-Inch Panels segment was valued at US $0.09 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $0.15 billion by 2027. Above-42-Inch Panels segment represented US $0.01 billion opportunity over 2019-2021 and estimated to create US $0.05 billion opportunity in 2027 over 2021.

Resolution

Introduction

In 2021, Up to 2mp Resolution Displays segment has the highest revenue of US $1.04 billion and is expected to grow at CAGR of 6.00% by 2027 Up to 2mp Resolution Displays segment has highest cagr growth of 6.00%.

Up to 2mp Resolution Displays

Up to 2mp Resolution Displays segment was valued at US $0.92 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $1.55 billion by 2027. Up to 2mp Resolution Displays segment represented US $0.13 billion opportunity over 2019-2021 and estimated to create US $0.50 billion opportunity in 2027 over 2021.

2.1-4mp Resolution Displays

2.1-4mp Resolution Displays segment was valued at US $0.70 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $1.18 billion by 2027. 2.1-4mp Resolution Displays segment represented US $0.10 billion opportunity over 2019-2021 and estimated to create US $0.38 billion opportunity in 2027 over 2021.

4.1-8mp Resolution Displays

4.1-8mp Resolution Displays segment was valued at US $0.32 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $0.54 billion by 2027. 4.1-8mp Resolution Displays segment represented US $0.04 billion opportunity over 2019-2021 and estimated to create US $0.17 billion opportunity in 2027 over 2021.

Above 8mp Resolution Displays

Above 8mp Resolution Displays segment was valued at US $0.27 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $0.45 billion by 2027. Above 8mp Resolution Displays segment represented US $0.04 billion opportunity over 2019-2021 and estimated to create US $0.15 billion opportunity in 2027 over 2021.

Display Color

Introduction

In 2021, Monochrome Displays segment has the highest revenue of US $1.44 billion and is expected to grow at CAGR of 6.00% by 2027 Color Displays segment has highest cagr growth of 6.00%.

Color Displays

Color Displays segment was valued at US $0.94 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $1.59 billion by 2027. Color Displays segment represented US $0.13 billion opportunity over 2019-2021 and estimated to create US $0.52 billion opportunity in 2027 over 2021.

Monochrome Displays

Monochrome Displays segment was valued at US $1.26 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $2.13 billion by 2027. Monochrome Displays segment represented US $0.18 billion opportunity over 2019-2021 and estimated to create US $0.69 billion opportunity in 2027 over 2021.

Application

Introduction

In 2021, Diagnostic Applications segment has the highest revenue of US $1.17 billion and is expected to grow at CAGR of 6.00% by 2027 Diagnostic Applications segment has highest cagr growth of 6.00%.

Diagnostic Applications

Diagnostic Applications segment was valued at US $1.02 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $1.73 billion by 2027. Diagnostic Applications segment represented US $0.14 billion opportunity over 2019-2021 and estimated to create US $0.56 billion opportunity in 2027 over 2021.

Surgical/Interventional Applications

Surgical/Interventional Applications segment was valued at US $0.58 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $0.99 billion by 2027. Surgical/Interventional Applications segment represented US $0.08 billion opportunity over 2019-2021 and estimated to create US $0.32 billion opportunity in 2027 over 2021.

Dentistry

Dentistry segment was valued at US $0.33 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $0.55 billion by 2027. Dentistry segment represented US $0.05 billion opportunity over 2019-2021 and estimated to create US $0.18 billion opportunity in 2027 over 2021.

Other Applications

Other Applications segment was valued at US $0.27 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $0.45 billion by 2027. Other Applications segment represented US $0.04 billion opportunity over 2019-2021 and estimated to create US $0.15 billion opportunity in 2027 over 2021.

Region

Introduction

In 2021, North America segment has the highest revenue of US $1.02 billion and is expected to grow at CAGR of 6.00% by 2027 North America segment has highest cagr growth of 6.00%.

North America

North America segment was valued at US $0.89 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $1.51 billion by 2027. North America segment represented US $0.13 billion opportunity over 2019-2021 and estimated to create US $0.49 billion opportunity in 2027 over 2021.

Europe

Europe segment was valued at US $0.60 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $1.01 billion by 2027. Europe segment represented US $0.08 billion opportunity over 2019-2021 and estimated to create US $0.33 billion opportunity in 2027 over 2021.

Asia Pacific

Asia Pacific segment was valued at US $0.30 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $0.51 billion by 2027. Asia Pacific segment represented US $0.04 billion opportunity over 2019-2021 and estimated to create US $0.17 billion opportunity in 2027 over 2021.

Latin America

Latin America segment was valued at US $0.26 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $0.45 billion by 2027. Latin America segment represented US $0.04 billion opportunity over 2019-2021 and estimated to create US $0.15 billion opportunity in 2027 over 2021.

Middle East & Africa

Middle East & Africa segment was valued at US $0.14 billion in 2019 and is projected to grow at 6.00% CAGR over the forecast period to reach US $0.24 billion by 2027. Middle East & Africa segment represented US $0.02 billion opportunity over 2019-2021 and estimated to create US $0.08 billion opportunity in 2027 over 2021.