Report ID: SQMIG35G2148
Report ID:
SQMIG35G2148 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|
Tables:
117 |
Figures:
77
Medical Display Market size was valued at USD 3.50 billion in 2022 and is poised to grow from USD 3.71 billion in 2023 to USD 5.96 billion by 2031, growing at a CAGR of 6.10% in the forecast period (2024-2031).
Rapidly increasing demand for diagnostic imaging in the healthcare industry is projected to primarily drive the sales of medical displays over the coming years. Advancements in display technologies and the growing digitization of the healthcare industry are also estimated to promote the demand for medical displays across the study period and beyond. High demand for teleconsultation, rising use of remote patient monitoring, and growing use of robotics in surgeries are other factors that are also expected to benefit medical display market growth in the future. The surge in popularity of minimally invasive surgeries is also expected to promote the demand for specialized medical displays going forward. Rising investments in healthcare infrastructure development in developing countries will also present new opportunities for medical display providers in the long run. On the contrary, rapid technological obsolescence, expensive advanced display technologies, and limited healthcare spending potential in some regions are slated to slow down medical display sales outlook in the long run.
US Medical Display Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35G2148