The global medical display market is experiencing robust growth, driven by the rising demand for advanced imaging technologies in healthcare settings. The increasing prevalence of chronic diseases, the surge in diagnostic imaging procedures, and the growing adoption of minimally invasive surgeries have significantly boosted the need for high-resolution, accurate medical displays. Additionally, the transition from analog to digital imaging and the integration of AI in diagnostic workflows have further propelled market expansion. Technological advancements, such as OLED and hybrid displays, offer enhanced image clarity and efficiency, improving diagnostic accuracy. The expansion of healthcare infrastructure in emerging markets and continuous innovations in display technology present promising opportunities for sustained market growth.
Global Medical Display Market is expected to reach USD 1.11 billion by 2029, with a growing CAGR of 6.2% during the forecast period 2023 to 2030.
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Below are the Top Medical Display Companies with a Significant Market Share:
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Rank
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Company
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Overview
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Product Portfolio
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Sales Geographical Coverage
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Developments
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1.
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Advantech Co., Ltd.
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Advantech Co., Ltd. is a global leader in providing trusted innovative embedded and automation products and solutions, including medical-grade displays. The company offers high-performance medical display solutions designed to meet the stringent demands of healthcare environments, focusing on diagnostic accuracy and operational efficiency. Their product portfolio includes point-of-care terminals, surgical displays, and diagnostic monitors, which are widely used in hospitals and clinics worldwide. Advantech's commitment to continuous innovation and collaboration with healthcare providers positions it as a key player in the global medical display market.
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South America, North America, Asia-Pacific, and Europe
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In August 2021, Advantech Co., Ltd launched the AIM-75H and MIT-W102 tablet display in Taiwan. The launch resulted in a rise in the market growth in Asia-Pacific for medical display devices and a rise in sales.
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2.
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HP Development Company, L.P.
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HP Development Company, L.P. is a renowned technology company offering a diverse range of products, including medical-grade displays designed to support healthcare professionals in diagnostic imaging and patient care. HP's medical displays are known for their high resolution, color accuracy, and durability, which are critical in medical imaging applications such as radiology and pathology. Leveraging its strong reputation for quality and innovation in the technology sector, HP continues to expand its presence in the healthcare market, catering to the growing demand for reliable medical imaging solutions.
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Americas, Middle East and Africa, Asia-Pacific, and Europe
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In September 2019, HP Inc., a member of NextWave Plastics, announced the HP Elite Dragonfly, the world's first ocean plastic laptop. The HP Elite Dragonfly is the lightest compact business convertible 2 in the world, weighing less than three kg. The housing part of this speaker is made from 50 percent recycled plastic, including five percent from the ocean. The company also says it has recycled more than a million pounds of ocean plastic bottles as part of Haiti's unique recycling business model. This has helped the company to expand its product portfolio.
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3.
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Dell Inc.
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Dell Inc. is a global technology leader that provides advanced computing solutions, including medical displays tailored for healthcare environments. The company offers a range of high-resolution monitors and display systems designed to support diagnostic imaging, telemedicine, and clinical workflows. Dell’s focus on integrating cutting-edge technology with user-friendly design has made its medical displays a preferred choice for healthcare professionals seeking accuracy and efficiency. Their commitment to innovation and strong global distribution network strengthens their position in the medical display market.
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Americas, Middle East and Africa, Asia-Pacific, and Europe
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In June 2021, Dell Inc. launched Dell UltraSharp 4K Webcam. The Dell UltraSharp Webcam provides a very high image quality in its class of 4K webcams and produces outstanding video quality in any lighting condition, delivering crystal-clear video. This has helped the company to expand its product portfolio.
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4.
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ALPINION MEDICAL SYSTEMS Co., Ltd.
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ALPINION MEDICAL SYSTEMS Co., Ltd. specializes in the development of ultrasound imaging solutions, including medical displays that offer high-quality visualization for diagnostic purposes. The company’s medical display technology focuses on delivering precise imaging for better diagnostic outcomes, with products that are widely used in radiology, cardiology, and obstetrics. ALPINION’s emphasis on research and development, combined with its dedication to improving imaging technologies, has established it as a key player in the global medical display market.
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Americas, Asia-Pacific, and Europe
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In March 2022, ALPINION MEDICAL SYSTEM CO., LTD launched an upgraded version of its flagship model X-CUBE 90 and 70, which were introduced last year, as well as a new compact ultrasound system, X-CUBE i9. The 'X-CUBE' product line boasts significantly upgraded performance compared to the conventional E-CUBE product line. This has helped the company to expand its product portfolio.
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5.
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Steris
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Steris is a leading provider of infection prevention and surgical products, including advanced medical display systems designed for operating rooms and surgical environments. The company's medical-grade displays offer high-resolution imaging critical for minimally invasive surgeries and other clinical applications. Steris focuses on delivering reliable, durable, and high-performance display solutions that enhance surgical precision and patient safety. Their strong presence in the surgical equipment sector and commitment to innovation make them a vital player in the global medical display market.
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Americas, Asia-Pacific, and Europe
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In June 2021, STERIS announced that it had completed its previously announced acquisition of Cantel Medical. Cantel Medical is a global provider of infection prevention products and services to customers in endoscopy, dentistry, dialysis, and life sciences. The company announced the completion of the acquisition of Cantel Medical, which complements and expands STERIS' products and services, global reach, and customers, said Walt Rosebrough, CEO of STERIS. This has helped the company expand its business.
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Conclusion
The global medical display market is poised for continued growth, fueled by advancements in imaging technology and the increasing need for precise diagnostic tools in modern healthcare. While high costs and maintenance requirements may pose challenges, the market is set to benefit from expanding healthcare infrastructure and the integration of cutting-edge technologies like AI and OLED displays. As healthcare providers prioritize accuracy and efficiency in diagnostic procedures, the demand for high-quality medical displays will remain strong, ensuring a positive outlook for the market in the coming years.
