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

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

DUBLIN–(BUSINESS WIRE)–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

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

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