Outlook on the Medical Displays Global Market to 2027 - OLED Segment to Record a 5.7% CAGR - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--Nov 10, 2022--

The "Medical Displays: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Medical Displays estimated at US$2 Billion in the year 2020, is projected to reach a revised size of US$2.9 Billion by 2027, growing at a CAGR of 5.3% over the analysis period 2020-2027.

LED-Backlit LCD, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$1.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the CCFL-Backlit LCD segment is readjusted to a revised 5.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $552.6 Million, While China is Forecast to Grow at 8.5% CAGR

The Medical Displays market in the U.S. is estimated at US$552.6 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$599.1 Million by the year 2027 trailing a CAGR of 8.4% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 4.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$387.6 Million by the year 2027.

OLED Segment to Record 5.7% CAGR

In the global OLED segment, USA, Canada, Japan, China and Europe will drive the 5.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$427.6 Million in the year 2020 will reach a projected size of US$615.2 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 6.2% CAGR through the analysis period.

Select Competitors (Total 36 Featured) -

• Accuray Incorporated
• Advantech Co., Ltd.
• Alpinion Medical Systems Co., Ltd.
• Analogic Corporation
• ASAHI Roentgen Co., Ltd.
• Axiomtek Co., Ltd.
• Barco
• BenQ Medical Technology
• COJE Co., Ltd.
• Dell
• EIZO Corporation
• FSN Medical Technologies
• HP Development Company, L.P.
• LG Display Co., Ltd.
• Mediso Ltd
• Mobisante
• Nanjing Jusha Commercial &Trading Co., Ltd.
• Novanta, Inc.
• Quest International, Inc.
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
• Siemens Healthcare Private Limited
• Sony Electronics, Inc.
• Steris plc

What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Medical Displays - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/c8k61k

View source version on businesswire.com:https://www.businesswire.com/news/home/20221110005574/en/

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KEYWORD:

INDUSTRY KEYWORD: MEDICAL DEVICES HEALTH

SOURCE: Research and Markets

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